EVSE manufacturer ADS-TEC Energy (NASDAQ: ADSE) has announced that Smart City Capital will be deploying more than 200 ADS-TEC Energy ultra-high-speed ChargeBox charging stations throughout Florida. This $30-million order is ADS-TEC’s second from Smart City, and the single largest order of ChargeBox units to date in the US.
Smart City also plans a third phase of deployment that is expected to deploy another 200 ADS-TEC Energy charging systems in 13 states. The two companies will use the Florida deployments, which are expected to begin in mid-2022, as a framework for the future rollouts in other states. The deployments include both public and private applications for both individual vehicles and fleets.
Smart City Capital says it chose to work with ADS-TEC Energy because of the capabilities of the ChargeBox product, combined with the company’s decade of experience in battery-buffered charging technologies. In fact, Smart City Capital has built a new division called UltraSmart Charge around its partnership with ADS-TEC Energy.
ADS-TEC Energy says its battery-buffered technology enables ultra-fast charging (up to 320 kW) on existing grids without the need for electrical infrastructure upgrades.
“No other vendor can match what ADS-TEC Energy is doing. They are the right partner, at the right time, with the industry’s most highly disruptive charging solution,” said Oscar Bode, CEO of Smart City Capital.
“Smart City Capital is breaking down the barriers to cities of all sizes becoming smart cities. We’re thrilled to be partnering with them to deploy our high-speed, battery-buffered charging stations all across the United States, without requiring a major overhaul to the power grid,” said Thomas Speidel, CEO and founder of ADS-TEC Energy.
Source: ADS-TEC Energy
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