Latest news with #ChargePost
West Australian
09-07-2025
- Automotive
- West Australian
Power up: boost for roadside electric vehicle chargers
Recharging electric cars by the side of the road is expected to become easier in one state after a $5 million investment designed to spark more vehicle adoption. The NSW government plans to add another 549 car-charging facilities in 130 suburbs over the coming year, with $2.8 million in grants awarded to five companies. The firms, including EVX and Charge Post, are expected to contribute an additional $2.2 million to establish the infrastructure. Wednesday's announcement comes one week after the first hearings in NSW's inquiry into electric vehicle charging infrastructure, and after sales figures showed rising interest in battery-powered vehicles. The EV Kerbside Charging Grants program will result in both standalone and pole-mounted electric vehicle chargers installed across 22 local government areas in NSW, with many located in council car parks. Parramatta and the Northern Beaches will get the greatest number of chargers, with 70 and 66 respectively, followed by Sydney city, Newcastle, the inner western suburbs, and Ryde. The facilities, which will range in power from seven to 22 kilowatts, will be designed to address motorists' charging and range anxiety, NSW Climate Change and Energy Minister Paul Scully says. "Expanding our charging network gives drivers the confidence they need to go electric, knowing ample charging options are readily available," he said. "Every EV charger installed brings us closer to a cleaner, more affordable transport future." Having greater access to public chargers would also help drivers who could not access off-street parking and may have delayed an EV purchase as a result, Electric Vehicle Council chief executive Julie Delvecchio said. "More kerbside chargers across NSW will make it easier for more Australians to switch to EVs, including renters, apartment-dwellers, and those without garages and driveways," she said. "More public chargers are essential to help Australians without home charging." Charge Post, Connected Kerb, EVX, Plus ES and EF Asset Management will install the vehicle chargers over the next 12 months, adding to Australia's existing charging network of more than 1059 locations. More than 1800 high-powered vehicle chargers had been installed in Australia by mid-2024, according to an Electric Vehicle Council report, representing a 90 per cent increase over the same time in 2023. Sales of new electric vehicles have also risen recently with figures from the council and Federal Chamber of Automotive Industries showing motorists bought more than 13,000 battery-powered cars in June, representing 10 per cent of all new vehicles sold.
Perth Now
09-07-2025
- Automotive
- Perth Now
Power up: boost for roadside electric vehicle chargers
Recharging electric cars by the side of the road is expected to become easier in one state after a $5 million investment designed to spark more vehicle adoption. The NSW government plans to add another 549 car-charging facilities in 130 suburbs over the coming year, with $2.8 million in grants awarded to five companies. The firms, including EVX and Charge Post, are expected to contribute an additional $2.2 million to establish the infrastructure. Wednesday's announcement comes one week after the first hearings in NSW's inquiry into electric vehicle charging infrastructure, and after sales figures showed rising interest in battery-powered vehicles. The EV Kerbside Charging Grants program will result in both standalone and pole-mounted electric vehicle chargers installed across 22 local government areas in NSW, with many located in council car parks. Parramatta and the Northern Beaches will get the greatest number of chargers, with 70 and 66 respectively, followed by Sydney city, Newcastle, the inner western suburbs, and Ryde. The facilities, which will range in power from seven to 22 kilowatts, will be designed to address motorists' charging and range anxiety, NSW Climate Change and Energy Minister Paul Scully says. "Expanding our charging network gives drivers the confidence they need to go electric, knowing ample charging options are readily available," he said. "Every EV charger installed brings us closer to a cleaner, more affordable transport future." Having greater access to public chargers would also help drivers who could not access off-street parking and may have delayed an EV purchase as a result, Electric Vehicle Council chief executive Julie Delvecchio said. "More kerbside chargers across NSW will make it easier for more Australians to switch to EVs, including renters, apartment-dwellers, and those without garages and driveways," she said. "More public chargers are essential to help Australians without home charging." Charge Post, Connected Kerb, EVX, Plus ES and EF Asset Management will install the vehicle chargers over the next 12 months, adding to Australia's existing charging network of more than 1059 locations. More than 1800 high-powered vehicle chargers had been installed in Australia by mid-2024, according to an Electric Vehicle Council report, representing a 90 per cent increase over the same time in 2023. Sales of new electric vehicles have also risen recently with figures from the council and Federal Chamber of Automotive Industries showing motorists bought more than 13,000 battery-powered cars in June, representing 10 per cent of all new vehicles sold.
Associated Press
01-05-2025
- Business
- Associated Press
ADS-TEC Energy Secures up to $50 Million of Gross Proceeds to Accelerate International Expansion and Recurring Revenue Growth
NÜRTINGEN, Germany--(BUSINESS WIRE)--May 1, 2025-- ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-based energy storage and ultra-fast EV charging solutions, today announced it has secured up to $50 million in growth capital from well-recognized institutional investors. The proceeds from the offering will be disbursed in two tranches - $15 million in immediate proceeds available to the company and $35 million to become available upon the setup of a controlled account – and will fuel the company's strategic expansion across Europe and North America. The transaction was fully subscribed, and the subscription period has concluded. The offering is expected to close on May 1, 2025, subject to satisfaction of customary closing conditions. This press release features multimedia. View the full release here: ADS-TEC Energy secures up to $50 million in growth capital 'We believe this funding is a strong validation of our long-term vision,' said Thomas Speidel, CEO of ADS-TEC Energy. 'We expect to deploy these proceeds in a manner that will allows us to take a significant step forward in transforming our business into a vertically integrated, full-service provider. Not only expanding our physical footprint—but building a sustainable, recurring revenue model with long-term value for our customers and shareholders.' ADS-TEC Energy has established itself as a provider of high-performance, decentralized, battery-based platform solutions tailored for B2B customers. Its offerings span hardware, proprietary software, service-level agreements (SLAs), and smart features—all developed and manufactured in-house. These SLAs are intended to ensure uninterrupted infrastructure performance over decades, providing reliability for customers and consistent revenue streams for the company. With the new capital, ADS-TEC Energy plans to evolve its business model to include full project delivery—covering financing, installation, commissioning, and long-term operation of charging assets, energy optimization and trading software, and digital advertising platforms. This 360-degree solution is being deployed across exclusive locations such as supermarkets, convenience stores, DIY retailers, and gas stations. 'Until now, ADS-TEC focused on supplying our proprietary ultra-fast charging technology to B2B customers like oil and gas companies, retail chains, and fleet operators,' said Stefan Berndt-von Bülow, CFO of ADS-TEC Energy. 'Our expanded model introduces an opportunity to achieve a robust, multi-year recurring revenue structure that enhances visibility, predictability, and overall financial strength. We already have multiple international projects in motion.' Among those projects is a pipeline of more than 300 sites in Germany where ADS-TEC is expected to have exclusive deployment rights for its ChargePost platform. Revenue from these sites is expected to ramp up beginning in late 2025 and into early 2026. Monetization is expected to stem from energy trading, super-fast charging, and advertising, all managed directly by ADS-TEC. The expected net proceeds of up to $47.2 from this offering will be used for general corporate purposes. Such purposes may include working capital, capital expenditures, repayment and refinancing of debt, the acquisition of companies, businesses, technology or other assets. D. Boral Capital LLC is acting as the Placement Agent for the offering. Reed Smith LLP and Arthur Cox LLP are acting as counsel to the Company, and Paul Hastings LLP is acting as counsel to the Placement Agent in connection with the offering. A registration statement on Form F-3 (File No. 333-284850) relating to these Securities was filed with the U.S. Securities and Exchange Commission (the 'SEC') and declared effective on March 26, 2025. Copies of the registration statement can be accessed through the SEC's website free of charge at The offering was made only by means of a prospectus supplement and an accompanying prospectus. A prospectus supplement and the accompanying prospectus related to the offering will be filed with the SEC and will be available free of charge by visiting EDGAR on the SEC's website at This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under applicable securities laws. Further details, including full terms of the financing, can be found in the Company's Form 6-K filed with the U.S. Securities and Exchange Commission. 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: Cautionary Note Regarding Forward-looking Statements This press release contains forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'continue,' and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include statements regarding the delivery and installation of the PowerBoosters, our expectations with respect to future performance and the anticipated timing of certain commercial activities. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: the impact of the COVID-19 pandemic, geopolitical events including the Russian invasion of Ukraine, macroeconomic trends including changes in inflation or interest rates, or other events beyond our control on the overall economy, our business and those of our customers and suppliers, including due to supply chain disruptions and expense increases; our limited operating history as a public company; our dependence on widespread acceptance and adoption of EVs and increased installation of charging stations; our current dependence on sales to a limited number of customers for most of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; supply chain interruptions and expense increases; unexpected delays in new product introductions; our ability to expand our operations and market share in Europe and the U.S.; the effects of competition; changes to battery energy storage standards; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under 'Item 3. Key Information – 3.D. Risk Factors' in our annual report on Form 20-F filed with the Securities and Exchange Commission (the 'SEC') on April 30, 2024, which is available on our website at and on the SEC's website at Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law. View source version on CONTACT: For ADS-TEC Energy Europe: Dennis Müller SVP Product Marketing & Communication [email protected] ADS-TEC Energy United States: Barbara Hagin Breakaway Communications [email protected] +1 408-832-7626 KEYWORD: GERMANY EUROPE INDUSTRY KEYWORD: TECHNOLOGY ALTERNATIVE VEHICLES/FUELS EV/ELECTRIC VEHICLES AUTOMOTIVE AUTOMOTIVE MANUFACTURING MANUFACTURING ALTERNATIVE ENERGY ENERGY BATTERIES SOURCE: ADS-TEC Energy Copyright Business Wire 2025. PUB: 05/01/2025 09:27 AM/DISC: 05/01/2025 09:27 AM
Business Wire
23-04-2025
- Automotive
- Business Wire
ADS-TEC Energy and AVIA Are Making an Important Contribution to Driving Forward the Build-up of Fast-Charging Infrastructure at Gas Stations in Germany
NÜRTINGEN, Germany--(BUSINESS WIRE)-- ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-based energy storage and fast-charging systems, today announced that it is partnering with AVIA to deploy ChargePost fast charging EV solutions at gas stations in Germany. AVIA operates more than 800 gas stations throughout Germany. In Europe, it has more than 3,000 gas stations. ChargePost fast chargers are being installed first at locations where – based on the integrated battery storage system and intelligent load management – the systems enable ultra-fast charging at up to 300 kW, even with low-powered grid connections. ADS-TEC Energy is partnering with AVIA to deploy ChargePost fast charging EV solutions at gas stations in Germany Share Location with PV integration: a showcase project for energy efficiency One particularly innovative location is the filling station in Bocholt, where a 45 kWp photovoltaic system has been integrated into the energy management system. Here, AVIA has modernized the entire building technology of the filling station to ensure efficient use of the energy generated on site. The smart load management ensures that the available grid connection is used optimally, and that EV charging is managed flexibly. DOOH as an additional business stream Digital out-of-home advertising (DOOH) is a further area of focus at the locations. While a 75-inch display has already been installed on the ChargePost systems in Blomberg, specific marketing concepts for the DOOH advertising spaces are currently still being planned. This can further increase the profitability of the charging infrastructure and create additional added value for the operator. Charging with low grid power – the future for existing gas stations The project shows how existing gas stations can get ready for e-mobility through smart technology – and without expensive grid upgrades. With flexible, scalable solutions such as ChargePost and intelligent load management, ultra-fast charging is possible even at challenging locations. Thomas Speidel, CEO and founder of ADS-TEC Energy, highlights: 'The integration of fast charging infrastructure at existing refueling stations requires intelligent solutions – especially when grid connections are limited. With our ChargePost and innovative load management, we enable ultra-fast charging without costly grid infrastructure upgrades. The joint project with AVIA shows how modern charging infrastructure can be seamlessly integrated into existing locations and create new opportunities for the mobility of the future.' 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: About AVIA Deutsche AVIA has been in the energy business for over 70 years. Its 30 medium-sized AVIA member companies supply their customers with energy and energy sources for mobility and heating, both in urban areas and far into rural regions. With around 900 filling stations, AVIA is now one of the top 5 providers of fuels and mobility services in Germany. The transformation in the energy sector has been the focus of development at Deutsche AVIA since the early 2000s. Since the 2010s, this topic of the future has continued to gain in importance with investments in alternative fuels and the operation of its own wind farms. The AVIA Group is now increasingly investing in the expansion of fast-charging infrastructure for e-vehicles and is preparing for the so-called molecule shift by participating in hydrogen projects. AVIA Deutschland GmbH in Munich generates an annual turnover of around 4 billion euros. Forward-looking Statements This press release contains forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'continue,' and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include statements regarding our expected financial results for FY2024, our financial outlook for 2025, our expectations with respect to future performance and the anticipated timing of certain commercial activities. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: the impact of the COVID-19 pandemic, geopolitical events including the Russian invasion of Ukraine, macroeconomic trends including changes in inflation or interest rates, or other events beyond our control on the overall economy, our business and those of our customers and suppliers, including due to supply chain disruptions and expense increases; our limited operating history as a public company; our dependence on widespread acceptance and adoption of EVs and increased installation of charging stations; our current dependence on sales to a limited number of customers for most of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; supply chain interruptions and expense increases; unexpected delays in new product introductions; our ability to expand our operations and market share in Europe and the U.S.; the effects of competition; changes to battery energy storage standards; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under 'Item 3. Key Information – 3.D. Risk Factors' in our annual report on Form 20-F filed with the Securities and Exchange Commission (the 'SEC') on April 30, 2024, which is available on our website at and on the SEC's website at Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.
