Award-winning once again: ChargePost from ADS-TEC Energy honored with German
Innovation Award 2024

EQS-Media / 15.05.2024 / 14:30 CET/CEST

- The multifunctional fast-charging station ChargePost has added the German
Innovation Award 2024 to its award wins this year
- Founded by the German Bundestag and sponsored by German industry, the
German Design Council has been promoting the competitiveness of companies
through design since 1953. Its international awards recognize the best
achievements in design, branding and innovation.
- At the award ceremony on May 14 at the Futurium in Berlin, the jury
emphasized ChargePost's unique combination of features.
- ChargePost's integrated battery system allows EVs to charge ultra-fast
even on limited power grids.

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Nürtingen, Germany, May 15 2024 - ADS-TEC Energy today announced that
ChargePost has won a German Innovation Award in the category Excellence in
Business to business: E-Mobility Technologies, recognizing its design,
brand, and innovation. ChargePost is a battery-buffered fast charging
station developed and produced in Germany that enables off-grid ultra-fast
charging of EVs within minutes.
In a statement, the jury said, "With the ChargePost fast charging station
from ADS-TEC Energy, long waiting times when charging electric cars are a
thing of the past, as the system always maintains a high charging capacity
thanks to the buffer battery. In this way, ChargePost offers off-grid
charging within a few minutes, which is particularly attractive for fleet
vehicles and company parking lots, but also for supermarkets and other
businesses with parking spaces. Two large HD screens positioned on the sides
attract attention and offer striking opportunities for advertising and
information. ChargePost is an attractive solution for the B2B sector thanks
to the fact that the versatile station, which can be used in a wide variety
of ways thanks to its low infrastructure requirements, can be supplied with
alternative PV power and can be operated in many directions from the battery
storage system. A meaningful innovation through unique and electrifying
integration, further paving the way for e-mobility."
The German Innovation Awards recognize products, projects and pioneering
achievements that improve life sustainably through innovation and progress.
It was established by the German Bundestag and is sponsored by German
industry.
There are already hundreds of ChargePost fast-charging points across Europe.
It includes an integrated battery storage system to store energy which can
then be used to boost charging power as required. This unique battery
technology makes it possible to charge up to 300 kW even on a power-limited
grid. Busy charging locations have proven that dozens of vehicles can be
fast-charged in one day and that ChargePost can achieve over 1 MW per day.
With these features, ChargePost eliminates the expensive, time-consuming,
and resource-intensive network expansion that is necessary for a traditional
charging station.
ChargePost also gives infrastructure operators new revenue opportunities.
If, for example, self-generated PV electricity is used for charging, the
energy procurement costs for the operators are reduced, bucking the trend of
constantly rising grid charges. Another option is that operators can use
ChargePost's bidirectional battery to cap peak loads or feed back into the
grid. And, by linking several ChargePosts to form a virtual power plant, the
operator can start trading energy and benefit from volatile electricity
prices. These features make the solution sustainable as well as bringing
charging in just minutes to places where it would otherwise not be possible,
for example in rural areas far away from highways, charging parks, or city
centers.

About ADS-TEC Energy

ADS-TEC Energy plc, a public limited company incorporated in Ireland and
publicly listed on NASDAQ ("ADS-TEC Energy"), serves as a holding company
for ads-tec Energy GmbH, our operating company incorporated in Germany
("ADSE GM") and ads-tec Energy Inc., a US subsidiary of ads-tec Energy GmbH
("ADSE US" and together with ADS-TEC Energy and ADSE GM, "ADSE"). Based on
more than ten years of experience with lithium-ion technologies, ADS-TEC
Energy develops and manufactures battery storage solutions and fast charging
systems including their energy management systems. Its battery-based, fast
charging technology enables electric vehicles to ultrafast charge even on
low powered grids and features a very compact design. It was most recently
nominated by the President of the Federal Republic of Germany for the German
Future Prize and elevated to the "Circle of Excellence" in 2022. The high
quality and functionality of the battery systems are due to a particularly
high depth of development and in-house production. With its advanced system
platforms, ADS-TEC Energy is a valuable partner for automotive, OEMs,
utility companies and charge-operators.

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

Media Contact:
For ADS-TEC Energy -International
Juliane Kunz
Senior Press Officer
press@ads-tec-energy.com

For ADS-TEC Energy - US
Stephannie Depa
Breakaway Communications
+1 530-864-0136
sdepa@breakawaycom.com


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Issuer: ADS-TEC Energy GmbH
Key word(s): Energy

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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:    1903941

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