ADS-TEC Energy Conquers the Nordic Countries – Caverion Group to Become a Strong and Strategic Long-term Partner
Ads-Tec EnergyAds-Tec Energy(US:ADSE) Businesswire·2024-02-29 15:33

Core Insights - ADS-TEC Energy and Caverion Group have signed a partnership agreement to enhance fast-charging electric mobility infrastructure in Norway and the Nordic countries [1][3] - Caverion will act as the system integrator for ADS-TEC Energy's fast-charging products, taking over commissioning and maintenance services [1][2] Company Overview - ADS-TEC Energy specializes in battery storage solutions and fast charging systems, enabling ultra-fast charging even on low-powered grids [6] - Caverion provides technical building services and maintenance across various sectors, employing 14,500 people in ten countries [2][7] Product Features - ADS-TEC's fast-charging solutions can deliver up to 320 kW and are designed to operate without the need for costly grid expansions, allowing electric vehicles to charge in minutes [4] - The ChargeBox and ChargePost products are highlighted for their compact design and ability to function effectively even with limited grid access [4][5] Market Context - Norway is a leader in e-mobility, with over 20% of vehicles being electric, and is projected to require 6,000 to 10,000 fast-charging points by 2030 [5] - The partnership aims to meet Norway's growing demand for fast-charging infrastructure without extensive structural changes [5]