ADS-TEC Energy Announces Strategic Partnership with GP JOULE CONNECT for Immediate Expansion of Ultra-Fast EV Charging Infrastructure in Europe - Seite 3

ADS-TEC-Energy founder and CEO Thomas Speidel said, "We are delighted to collaborate with GP JOULE CONNECT, an experienced, high-performance partner with a holistic focus on the entire renewable energy value chain, whose offerings are supported in many ways by our storage and charging systems. We intend to aggressively advance the expansion of charging infrastructure together. We are already planning further exciting projects and look forward with great anticipation to a successful expansion of this partnership."

About GP JOULE

Founded in 2009 based on the belief that a 100% renewable energy supply is feasible, GP JOULE is now a system provider for integrated energy solutions from solar, wind and biomass power as well as being a partner at the supply level for electricity, heat, hydrogen and electric mobility. GP JOULE is thus a pioneering company in sector cross-linkage. Around 600 people work for the medium-sized group of companies in Germany, Europe and North America. GP JOULE is the winner of the Schleswig-Holstein Business Environment Award 2019 and the German Renewables Award 2020.

About GP JOULE CONNECT

GP JOULE CONNECT, a member of the GP JOULE Group, combines power generation from renewable energy sources with sustainable use in the form of e-mobility. CONNECT plans and implements projects around the core products of consulting, charging infrastructure, sharing/pooling and charging and energy management for the housing industry, vehicle fleets, energy suppliers, automotive and infrastructure operators.

About ADS-TEC Energy

ADS-TEC Energy plc, a public limited company incorporated in Ireland and publicly listed on NASDAQ (“ADS-TEC Energy”), serves as a holding company for ads-tec Energy GmbH, our operating company incorporated in Germany (“ADSE GM”) and ads-tec Energy Inc., a US subsidiary of ads-tec Energy GmbH (“ADSE US” and together with ADS-TEC Energy and ADSE GM, “ADSE”). Based on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and manufactures battery storage solutions and fast charging systems including their energy management systems. Its battery-based, fast charging technology enables electric vehicles to ultrafast charge even on low powered grids and features a very compact design. The high quality and functionality of the battery systems are due to a particularly high depth of development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for automotive, OEMs, utility companies and charge-operators.