ADS-TEC Energy to Showcase the Future of Ultra-Fast EV Charging for Residential Complexes in Miami with New Marina Palms Deployment

Core Insights - ADS-TEC Energy plc is launching its ultra-fast EV charging solution, ChargeBox, in Miami, marking a significant sustainability milestone [1] - The deployment aims to address the challenges of EV charging in large multi-family residences, where traditional charging solutions are inadequate [2][3] Company Overview - ADS-TEC Energy is a public limited company based in Ireland, listed on NASDAQ, and operates through its subsidiaries in Germany and the U.S. [5] - The company specializes in battery storage solutions and fast charging systems, leveraging over 10 years of experience with lithium-ion technologies [5] - ChargeBox technology allows for ultra-fast charging of electric vehicles even on low-powered grids, featuring a compact design [5] Industry Context - Access to fast EV charging is a major barrier to EV adoption, particularly in large residential buildings where over 80% of EV charging occurs at home [2] - The complexity of electrifying parking spaces in large buildings necessitates innovative solutions like ChargeBox, which can be installed with minimal effort and provides rapid charging capabilities [2][3] Event Details - The deployment event for ChargeBox will take place on March 19, 2024, at the Marina Palms Yacht Club and Residences in North Miami Beach [4] - The event will feature discussions with community leaders and demonstrations of the new charging technology [4]