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ADS-TEC Energy Expands Into Austria - First Major Orders Already Secured

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ADS-TEC Energy Expands Into Austria - First Major Orders Already Secured
News

News

ADS-TEC Energy Expands Into Austria - First Major Orders Already Secured

2025-05-27 20:31 Last Updated At:20:50

NÜRTINGEN, Germany--(BUSINESS WIRE)--May 27, 2025--

ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-based energy storage and fast-charging systems, today announced the incorporation of ads-tec Energy Austria GmbH. With its new presence in Austria, the company is not only expanding its footprint in the DACH region (Germany, Austria and Switzerland) but creating the foundation for more comprehensive customer support services across Central and Eastern Europe.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250527407472/en/

As part of its international growth strategy, ADS-TEC Energy established its sales and service company in Austria in April 2025. The new presence in Austria, located in Kötschach-Mauthen, not only expands the company's market position in the DACH region but also creates the basis for more in-depth local customer support.

ADS-TEC Energy Austria received its first order soon after its foundation: A framework agreement with an Austrian utility company for three large battery storage systems, each with a capacity of 5 MWh. This was accompanied by an order for a fast-charging EV system for the Austrian market. The first storage system is scheduled for delivery at the end of 2025 / beginning of 2026.

“The establishment of our Austrian entity is a strategically important step to be closer to our customers to make our technologies directly available locally. The fact that we are already experiencing such strong customer confidence in the first few weeks demonstrates the high demand locally for high-performance storage and charging solutions,” highlights Thomas Speidel, CEO and founder of ADS-TEC Energy.

“With this new company, we are creating a presence near our customers in Austria and sending a clear signal for long-term partnership and reliability. We are bringing our highly scalable storage and fast-charging solutions directly to the market – optimized for the requirements of modern grid integration, balancing energy and load management,” notes Roland Klauss, CEO of ADS-TEC Energy Austria.

The new entity in Austria brings ADS-TEC Energy's innovative strength directly to the market with faster response times, local expertise and tailor-made solutions for an increasingly decarbonized energy landscape.

ADS-TEC Energy offers comprehensive solutions in the field of energy storage, fast charging infrastructure and intelligent system integration. Customers benefit from flexible business models, a high level of technological expertise and a deep understanding of the market.

About ADS-TEC Energy

Based on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and produces battery storage solutions and fast charging systems including their energy management systems. Its battery-based fast-charging technology enables electric vehicles to charge ultra-fast even with weak power grids and is characterized by a very compact design. The company, based in Nürtingen, Baden-Württemberg, was nominated for the German Future Prize by the Federal President and was 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 in-depth development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for car manufacturers, energy supply companies and charging station operators.

More information at: www.ads-tec-energy.com

ADS-TEC Energy establishes presence in Austria

ADS-TEC Energy establishes presence in Austria

NEW YORK (AP) — Jalen Johnson had 18 points, 11 assists and 10 rebounds in his seventh triple-double of the season, leading the Atlanta Hawks to a 111-99 victory over the New York Knicks on Friday night.

Nickeil Alexander-Walker scored 23 points and Onyeka Okongwu had 22 for the Hawks, while both Zaccharie Risacher and Luke Kennard scored 12.

Jalen Brunson led the Knicks with 24 points. OG Anunoby had 19 points and 10 rebounds, and Mikal Bridges added 18 points.

Ariel Hukporti, who replaced Karl-Anthony Towns (illness) in the starting lineup, grabbed a career-high 17 rebounds for New York.

The Knicks got off to a quick start, taking an 11-2 lead. Trailing 30-29, the Hawks scored the final four points of the first quarter and never trailed again.

Atlanta extended its lead to 60-45 on Okongwu’s short jumper with 1:16 remaining in the second quarter before Brunson’s runner cut the Knicks’ deficit to 60-47 at halftime.

Alexander-Walker’s driving layup with 1:14 left in the third quarter gave the Hawks their biggest lead of the game at 94-68 and they were ahead 94-70 at the end of the quarter.

The Knicks scored the first 11 points of the fourth quarter and pulled within 94-81 before Kennard connected on back-to-back 3-pointers to end the streak.

New York mounted a final rally following consecutive 3-pointers by Bridges to edge within 108-99, but never got any closer.

The Hawks, who have won two in a row following a season-high, seven-game losing streak, became the first team to hold the Knicks to fewer than 100 points this season.

Atlanta's Trae Young (bruised right quadriceps) and Knicks center Mitchell Robinson (left ankle injury management) each missed their third straight games.

Hawks: Visit Toronto on Saturday.

Knicks: Host Philadelphia on Saturday.

AP NBA: https://apnews.com/NBA

Atlanta Hawks forward Onyeka Okongwu reacts after scoring a 3-point basket during first half of an NBA basketball game against the New York Knicks, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

Atlanta Hawks forward Onyeka Okongwu reacts after scoring a 3-point basket during first half of an NBA basketball game against the New York Knicks, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

Atlanta Hawks guard Dyson Daniels (5) passes the ball around New York Knicks center Ariel Hukporti (55) during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

Atlanta Hawks guard Dyson Daniels (5) passes the ball around New York Knicks center Ariel Hukporti (55) during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

New York Knicks guard Jalen Brunson, bottom, and Atlanta Hawks forward Onyeka Okongwu (17) battle for the ball during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

New York Knicks guard Jalen Brunson, bottom, and Atlanta Hawks forward Onyeka Okongwu (17) battle for the ball during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

Atlanta Hawks forward Jalen Johnson, right, is defended by New York Knicks forward Og Anunoby during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

Atlanta Hawks forward Jalen Johnson, right, is defended by New York Knicks forward Og Anunoby during second half of an NBA basketball game, Friday, Jan. 2, 2026, in New York. (AP Photo/Heather Khalifa)

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