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ADS-TEC partners with Caverion for extending fast-charging solutions in Nordic

Image for representation purposes only. Source: ADS-TEC Energy

Germany-based ADS-TEC has announced its partnership agreement with the Caverion Group for Norwegian market, serving as the starting point for its expansion into the the Nordic region. With this, Caverion will be taking over the commissioning and maintenance of the brand's fast-charging products with immediate effect in the region. 

With expertise in planning and constructing technical building systems along with their service and maintenance, the Caverion Group is a strong and trusted service provider for leading CPOs in ten countries. 

"ADS-TEC products are innovative and a good solution for our customers and partners who often have limited grid access," says Ove Kjelby, Head of Sales E-Mobility at Caverion. 

"Since they enable ultra-fast charging from limited networks, they can utilize existing infrastructure without expanding the grid. Furthermore, ADS-TEC products are a good fit for CPOs that need to renew their older chargers in a cost-efficient way, while still capitalizing on the existing infrastructure", he added. 

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ADS-TEC Energy's CEO Thomas Speidel is looking forward to a long-term partnership. "For us, Caverion represents a partner in Norway and the Nordic countries that offers quick, hands-on quality services to customers and CPOs".

"This experienced and trusted company is the perfect partner for bringing the full range of high-quality maintenance and services to the world's leading e-mobility market", he added.

ADS-TEC Energy is offering fast-charging solutions such as 'ChargePost', 'ChargeBox' and C&I energy storage systems. The company's battery-buffered platform solutions offer ultra-fast charging with up to 320 kW, without the need for complex, costly grid expansion.

The company claims that more than 20 percent of vehicles on Norwegian roads are EVs at present. According to an estimate from 2022, the country will need between 6,000 and 10,000 fast-charging points for EVs by 2030, it adds, thus considering the market as significant for ADS-TEC's expansion. 

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Battery-buffered, ultra-fast EV charging technology firm ADS-TEC Energy has announced the signing of a definitive agreement for a private investment by Svelland Capital, a distinguished and highly-ranked investment company in the energy sector.
Author : Dhiyanesh Ravichandran
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