For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240319:nRSS4820Ha&default-theme=true
RNS Number : 4820H ADS-TEC Energy GmbH 19 March 2024
ADS-TEC Energy appoints Renato Gross as Senior Vice President of ADSE Inc.,
the company's American subsidiary
EQS-Media / 19.03.2024 / 17:10 CET/CEST
· Renato Gross has been active on the international stage for decades and
has a great deal of experience in production and sales
· His responsibilities include managing the company's office in Auburn,
Alabama, and expanding the US market for ADS-TEC Energy battery-buffered,
ultra-fast EV charging products
NÜRTINGEN, Germany and AUBURN, Ala., March 19, 2024 - ADS-TEC Energy PLC
(http://www.ads-tec-energy.com/) (NASDAQ: ADSE), a global leader in
battery-buffered, ultra-fast charging technology, today announced the
appointment of Renato Gross as Senior Vice President of ADSE Inc., the
company's US subsidiary. In this position, Gross will oversee the growth and
expansion of ADS-TEC Energy in the US.
With all the skills needed to support ADS-TEC Energy's growth strategy, Gross
will lead the expansion of the company's office in Auburn, Alabama, and meet
the increasing demand in the US for ADS-TEC Energy's EV charging products
developed and produced in Germany, as well as providing support for new and
existing installations.
Impressive track record
Gross has held senior positions in global and US companies, with a focus on
manufacturing, management and sales for more than 20 years. This includes
roles in production and technical sales in the automotive industry. "Renato
Gross has an impressive track record of setting up production facilities,
rapidly scaling up greenfield facilities and managing product deliveries,
which has led to sales in the tens of millions of dollars," said Thomas
Speidel, CEO of ADS-TEC Energy. "His skills and commitment to excellence are
well aligned with our needs and goals, and we are pleased that he is now part
of our company."
Adaptation of EV fast charging products for the US market
"I am delighted to be part of the ADS-TEC Energy team, contributing to its
continued growth as we build a strong foothold in the US. I believe that as a
global company with a focused strategy, we can achieve excellent results in
these markets, reflecting the company's successes in Europe," said Gross. "We
will adapt ADS-TEC Energy's products to meet the needs of the US, combining
German engineering with American ingenuity to deliver the best ultra-fast EV
charging products on the market."
In addition to the appointment of Gross, ADS-TEC Energy today announced
another important milestone in the company's expansion in the US: the first
installation of its ultra-fast charging solution ChargeBox at the Marina Palms
Yacht Club and Residences in North Miami Beach.
About ADS-TEC Energy
ADS-TEC Energy plc, a public limited company incorporated in Ireland and
listed on NASDAQ ("ADS-TEC Energy"), serves as the holding company for ads-tec
Energy GmbH, an operating company incorporated in Germany ("ADSE GM"), and
ads-tec Energy Inc., a US subsidiary of ads-tec Energy GmbH ("ADSE US",
together with ADS-TEC Energy and ADSE GM: "ADSE"). Based on more than a decade
of experience with lithium-ion technology, ADS-TEC Energy develops and
manufactures battery storage solutions and fast charging systems, including
their energy management systems. Its battery-powered fast charging technology
enables electric vehicles to charge ultra-fast even in weak power grids and is
characterized by a very compact design. It was nominated for the Deutscher
Zukunftspreis (German Future Award) by the Federal President of Germany and
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
development and in-house production. With its advanced system platforms,
ADS-TEC Energy is a valuable partner for automotive manufacturers, utility
companies and charging point operators.
More information: www.ads-tec-energy.com (http://www.ads-tec-energy.com)
Media contacts:
For ADS-TEC Energy International:
Juliane Kunz
Head of PR, ADS-TEC Energy
press@ads-tec-energy.com (mailto:press@ads-tec-energy.com)
For ADS-TEC Energy United States:
Barb Hagin
Breakaway Communications
bhagin@breakawaycom.com (mailto:bhagin@breakawaycom.com)
+1 408-832-7626
Issuer: ADS-TEC Energy GmbH
Key word(s): Energy
Dissemination of a Press Release, transmitted by EQS News - a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: English
Company: ADS-TEC Energy GmbH
Heinrich-Hertz-Str. 1
72622 Nürtingen
Germany
Internet: www.ads-tec.de
EQS News ID: 1862369
End of News EQS Media
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRASFFFMUELSEID