ADS-TEC Energy appoints new Senior Vice President

“German battery-buffered ultra-fast charging technology provider ADS-TEC Energy announced the appointment of Renato Gross as Senior Vice President of ADSE Inc., the company’s US subsidiary. According to the company, Renato Gross “has been active on the international stage for decades and has a great deal of experience in production and sales.” His new responsibilities will include the management of the company office in Alabama, as well as expanding “the US market for ADS-TEC Energy battery-buffered, ultra-fast EV charging products.”

“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.”

Mr Gross added: “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.”

Furthermore, ADS-TEC Energy announced the first deployment of its ChargeBox at a multi-family residential complex at the Marina Palms Yacht Club and Residences in North Miami Beach. ADS-TEC states the charging solution contains built-in batteries, which allow the ChargeBox to draw power from existing electrical grids, store it and then output the power at speeds of up to 320kW. This also means that building management does not have to invest in “costly upgrades or time-consuming construction and enables installation to be completed in weeks versus months.” The company calculates that the ChargeBox is capable of charging 100 EVs per week using two parking spaces, which the company says would require 20 spaces on shared Level 2 chargers.

“At Marina Palms, the rapid increase in EVs made access to one of the six Level 2 chargers exceedingly difficult and frustrating to our residents. Charging took many hours. We realized we needed an alternative, but the challenge was finding a more advanced, speedier charging technology that could be installed in limited space, with minimal disruption and construction and without requiring costly electrical upgrades,” explained George Barriere, general manager, FirstService Residential.

businesswire.com, businesswire.com (ChargeBox)