ADS-TEC Energy GmbH
ISIN: IE000DU292E6
WKN: A3DA9W
14 November 2024 02:30PM

EQS-News: Alabama Power Deploys ADS-TEC Energy Ultra-Fast EV Charging System at its Technology Application Center

ADS-TEC Energy GmbH · ISIN: IE000DU292E6 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2030307

Issuer: ADS-TEC Energy GmbH / Key word(s): Incoming Orders
Alabama Power Deploys ADS-TEC Energy Ultra-Fast EV Charging System at its Technology Application Center

14.11.2024 / 14:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Alabama Power Deploys ADS-TEC Energy Ultra-Fast EV Charging System at its Technology Application Center

  • ADS-TEC Energy ChargeBox powers up leading electrical utility’s fleet of EVs in just minutes; enables Alabama Power to introduce customers to benefits and cost-savings provided by unique battery-buffered approach
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NÜRTINGEN, Germany & AUBURN, Ala. – November 14, 2024ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, today announced Alabama Power has deployed the battery-buffered, ultra-fast ADS-TEC Energy ChargeBox at its Technology Application Center (TAC). The ChargeBox is enabling Alabama Power to power up its EV fleet in just minutes, while also providing local businesses and fleet operators with the opportunity to try the innovative platform and experience the benefits of battery-buffered, ultra-fast EV charging.

The ADS-TEC Energy ChargeBox platform’s battery-buffered technology enables widespread, ultra-fast charging (up to 320kW) on existing power-limited grids. Unlike conventional DC chargers, it does not require extensive construction or upgrades to high-powered electrical infrastructure, making it an ideal solution for any business looking to quickly and cost-effectively deploy ultra-fast EV chargers.

Alabama has seen strong growth in EV adoption and the state is spending millions of dollars to expand its charging station infrastructure. According to the Department of Energy, in 2023 alone, EV registration doubled in just two months with thousands of vehicles on the road across the state.

“Alabama Power has a long history of supporting customers in their efforts to advance the EV industry,” said Renato Gross, senior executive vice president, ADSE Inc. “We’re proud to be working with them to identify innovative ways our technology can be used throughout the state to further drive sustainable EV adoption right here in Alabama.”

About ADS-TEC Energy

Based on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and produces battery storage solutions and fast charging systems including their energy management systems. Its battery-based fast-charging technology enables electric vehicles to charge ultra-fast even with weak power grids and is characterized by a very compact design. The company, based in Nürtingen, Baden-Württemberg, was nominated for the German Future Prize by the Federal President and was included in the "Circle of Excellence" in 2022. The high quality and functionality of the battery systems is due to a particularly high level of in-depth development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for car manufacturers, energy supply companies and charging station operators.

More information at: www.ads-tec-energy.com

Media Contacts:

Stephannie Depa
Breakaway Communications
sdepa@breakawaycom.com
+1 530-864-0136

 



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The issuer is solely responsible for the content of this announcement.

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Language: English
Company: ADS-TEC Energy GmbH
Heinrich-Hertz-Str. 1
72622 Nürtingen
Germany
Internet: www.ads-tec.de
EQS News ID: 2030307

 
End of News EQS News Service

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The most important financial data at a glance
  2019 2020 2021 2022 2023 2024e 2025e
Sales1 0,00 0,00 33,04 26,43 107,38 200,00 0,00
EBITDA1,2 0,00 0,00 -15,16 -32,09 -39,68 0,00 0,00
EBITDA-Margin3 0,00 0,00 -45,88 -121,42 -36,95 0,00 0,00
EBIT1,4 0,00 0,00 -18,64 -36,42 -44,53 0,00 0,00
EBIT-Margin5 0,00 0,00 -56,42 -137,80 -41,47 0,00 0,00
Net Profit (Loss)1 0,00 0,00 -87,64 -18,91 -55,08 0,00 0,00
Net-Margin6 0,00 0,00 -265,25 -71,55 -51,29 0,00 0,00
Cashflow1,7 0,00 0,00 -18,30 -57,81 -20,66 0,00 0,00
Earnings per share8 0,00 0,00 -1,73 -0,39 -1,13 -0,48 -0,09
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

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INVESTOR-INFORMATION
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ADS-Tec Energy
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A3DA9W IE000DU292E6 plc 719,12 Mio € 16.05.2023 8FWFJ8VJ+G5
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
0,00 0,00 0,00 -21,85 21,20 -34,81 6,89
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
14.05.2024 12.09.2024 14.11.2024 30.04.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+1,76%
14,45 €
ATH 15,50 €
+10,52% +26,84% +7,04% +131,20% +373,77%

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