ADS-TEC Energy Announces Significant Increase in Order Volume for EV-Charging and Industrial Storage Systems

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Aug 25, 2022

ADS-TEC Energy (NASDAQ: ADSE) today announced that the company has significantly increased the order volume for its products in fiscal year 2022 since the publication of the first financial forecast on April 28, 2022. The orders primarily involve the company’s battery-buffered, ultra-fast EV charging systems, but also include stationary storage systems for commercial and industrial applications. For contractual reasons, specific customers and projects cannot be publicly announced at this time.