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Edison issues initiation on ADS-TEC Energy (ADSE): Serving the energy transition

Retrieved on:

Wednesday, April 10, 2024

ADS-TEC Energy operates in an emerging market serving the changing grid and power management requirements of an electrifying world.

Key Points:

ADS-TEC Energy operates in an emerging market serving the changing grid and power management requirements of an electrifying world.
Its key market at present is for battery-buffered ultra-fast charging systems for electric vehicles (EVs).
Hence, ADS-TEC offers a de-risking investment into the electrification of the energy system, including the growth of EVs through the associated charging infrastructure.
ADS-TEC Energy’s key peers are part of larger international groups (eg Elli is owned by VW) limiting any meaningful comparative valuation.

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

Retrieved on:

Wednesday, April 10, 2024

EV, EVS, Condominium, Air conditioning, Level 2, Porsche, Housing, Residence, ChargeBox, Fireworks

Battery-buffered, ultra-fast ADS-TEC ChargeBox overcomes challenges faced by large multi-family residences to deliver EV charging to growing populations of EV drivers.

Key Points:

Battery-buffered, ultra-fast ADS-TEC ChargeBox overcomes challenges faced by large multi-family residences to deliver EV charging to growing populations of EV drivers.
Access to fast and readily available EV charging is one of the biggest hurdles to the adoption of EVs.
ADS-TEC Energy’s Marina Palms deployment is significant as it showcases a simple way to quickly deploy ultra-fast EV chargers and, in turn, speed up EV adoption.
To meet the demand for charging, ADS-TEC Energy will be deploying its ultra-fast charging solutions at additional large residential complexes, city centers, convenience stores and corporate campuses.

ADS-TEC Energy demonstrates ultra-fast charging without compromise at the EV Charging Summit & Expo

Retrieved on:

Wednesday, April 10, 2024

EV, EVS, Air conditioning, Level 2, CCS1, LAS, ChargeBox, NACS, Supermarket, Video game

At the EV Charging Summit & Expo, ADS-TEC Energy is showcasing its battery-buffered, ultra-fast charging platform ChargeBox, which supports CCS1 today and will soon support NACS charging plugs

Key Points:

At the EV Charging Summit & Expo, ADS-TEC Energy is showcasing its battery-buffered, ultra-fast charging platform ChargeBox, which supports CCS1 today and will soon support NACS charging plugs
ChargeBox charges ultra-fast even on a power-limited grid, enabling ultra-fast charging to become as ubiquitous as air conditioning and elevators for large apartment buildings and offices
At the conference, the founder and CEO of ADS-TEC Energy, Thomas Speidel, highlighted how the company's unique business models will cut charging costs
LAS VEGAS, EV Charging Summit & Expo, March 22, 2024 - ADS-TEC Energy plc (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, unveiled its innovative ChargeBox EV charging platform at the EV Charging Summit & Expo in Las Vegas, March 20-22, 2024.
It currently supports CCSI charging plus and will soon support NACS charging plugs.
The founder and CEO of ADS-TEC Energy, Thomas Speidel, spoke at the EV Charging Summit & Expo conference about the importance of sustainable infrastructure.
With this solution, we are boosting the U.S.’s EV charging infrastructure and doing our bit to encourage more people to opt for an electric vehicle."

EV.com Expands Inventory, Solidifying Its Position as the Leading Online Marketplace for Electric Vehicles

Retrieved on:

Thursday, April 4, 2024

EVS, EV, Transport, SUV, Online shopping

New York, New York--(Newsfile Corp. - April 4, 2024) - EV.com, the world's first online marketplace for electric vehicles, is excited to announce a major expansion of its inventory, further solidifying its position as the leading platform for consumers looking to embrace electric mobility.

Key Points:

New York, New York--(Newsfile Corp. - April 4, 2024) - EV.com, the world's first online marketplace for electric vehicles, is excited to announce a major expansion of its inventory, further solidifying its position as the leading platform for consumers looking to embrace electric mobility.
We believe that by offering a diverse range of electric vehicles, we can help more people make the switch to sustainable transportation."
To explore the extensive range of electric vehicles available on EV.com and take advantage of the platform's latest inventory expansion, visit the website today.
Discover the benefits of driving electric and become part of the growing community of EV enthusiasts with EV.com.

Sibros Partners with Harbinger to Revolutionize the Medium-Duty Vehicle Industry

Retrieved on:

Tuesday, April 9, 2024

EVS, Harbinger, Partnership, EV, SAN, ECU, Acquisition, Management

SAN JOSE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Sibros, a leader in connected vehicle systems, is excited to announce a strategic partnership with Harbinger, an automaker on a mission to modernize the medium-duty vehicle industry with its electric vehicle (EV) platform.

Key Points:

SAN JOSE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Sibros, a leader in connected vehicle systems, is excited to announce a strategic partnership with Harbinger, an automaker on a mission to modernize the medium-duty vehicle industry with its electric vehicle (EV) platform.
This collaboration aims to leverage Sibros' Deep Connected Platform™ to enhance Harbinger's vehicles, offering best-in-class performance and durability with zero cost acquisition premium.
Hemant Sikaria, CEO of Sibros, stated, “Partnering with Harbinger allows us to further our mission of driving the future of mobility.
Harbinger’s ambition to redefine the medium-duty vehicle industry through electrification aligns with our expertise in enhancing vehicle software systems.

Graphjet Technology to Build New Agricultural Waste-to-Graphite Production Facility in Nevada

Retrieved on:

Monday, April 8, 2024

Aiden, EV, Entrepreneurship, Original equipment manufacturer, Recycling, EVS, Agriculture, GTI, Carbon, Graphite, Ecosystem, Lithium

KUALA LUMPUR, Malaysia, April 08, 2024 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet” or “the Company”) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced it plans to build a commercial artificial graphite production facility in Nevada. This plant is expected to be a first-of-its-kind in the United States.

Key Points:

This level of production is expected to be able to support the production of enough batteries to power more 100,000 electric vehicles (EVs) per year.
This eliminates a conversion step in Graphjet’s production process, which would enable its Nevada facility to produce graphite more quickly.
Graphjet is aiming to commission and begin production at the new facility in 2026.
“We are laser focused on getting our commercial production online as quickly as possible and are in discussions with several players to secure offtake agreements for our planned Nevada facility.

Hope on the Horizon: CarGurus Q1 2024 Report Reveals Inventory and Demand are Rebounding as Prices Improve

Retrieved on:

Monday, April 8, 2024

EV, Environment, EVS, Research, Rest, Inventory, Shopper, Online shopping

“Rebounding inventory and moderating prices are fueling pent-up demand in spite of high interest rates.

Key Points:

“Rebounding inventory and moderating prices are fueling pent-up demand in spite of high interest rates.
Our research shows sales for both new and used vehicles are, so far, outpacing last year’s levels,” said Kevin Roberts, Director of Industry Insights & Analytics at CarGurus.
“While it’s still challenging to find that elusive affordable car, there’s hope for additional price declines as prices normalize closer to inflation-adjusted levels.
Unlike inventory trends for more affordable options, shoppers in this segment have access to a 133% increase in inventory compared to Q1 2020.

ZOOZ Power Ltd. Ordinary Shares and Public Warrants to Trade on Nasdaq on April 5, 2024, as the Business Combination between Keyarch Acquisition Corporation and ZOOZ Power Ltd. Has Been Completed

Retrieved on:

Thursday, April 4, 2024

EV, Growth, Cayman Islands, Tel Aviv Stock Exchange, EVS, Security (finance), Business analyst, PIPE, KYCH

NEW YORK, NY, April 04, 2024 (GLOBE NEWSWIRE) -- Keyarch Acquisition Corporation (Nasdaq: KYCH), a Cayman Islands exempted company (“Keyarch”), and ZOOZ Power Ltd. (TASE: ZOOZ), a limited liability company organized under the laws of the State of Israel (“ZOOZ” or the “Company”) and a leading provider of flywheel-based power boosting solutions for the EV charging infrastructure market, today jointly announced the consummation of their previously disclosed business combination (the “Business Combination”). The Business Combination and related proposals were approved by Keyarch shareholders in its shareholders’ meeting held on March 27, 2024 and by ZOOZ shareholders in its shareholders’ meetings held on March 21, 2024 and March 27, 2024.

Key Points:

The Business Combination and related proposals were approved by Keyarch shareholders in its shareholders’ meeting held on March 27, 2024 and by ZOOZ shareholders in its shareholders’ meetings held on March 21, 2024 and March 27, 2024.
Following the consummation of the Business Combination, ZOOZ becomes dual-listed for trading on the Nasdaq and on the Tel-Aviv Stock Exchange.
ZOOZ’s ordinary shares and public warrants will begin trading on Nasdaq under the ticker symbols “ZOOZ” and “ZOOZW,” respectively, on April 5, 2024.
Additional information regarding the closing of the Business Combination will be included in a current report on Form 8-K to be filed by Keyarch with the Securities and Exchange Commission.

Irdeto partners with CharIN e.V. and takes on the “CharIN PKI”, Revolutionizing Public Key Infrastructure with Open Governance and Enhanced Security

Retrieved on:

Wednesday, April 3, 2024

CharIN e.V., with their project members, created and aligned the first publicly established Governance for a PKI, including Certificate Policy, Governance, and market guidelines.

Key Points:

CharIN e.V., with their project members, created and aligned the first publicly established Governance for a PKI, including Certificate Policy, Governance, and market guidelines.
Enhanced Security and Reliability: Irdeto’s expertise in cybersecurity is crucial for ensuring robust security within the Electric Vehicle (EV) charging infrastructure.
"As we embark on this exciting journey of taking over the CharIN Public Key Infrastructure., our focus remains steadfast on enhancing the EV charging experience through advanced security and a pioneering customer-inclusive governance model.
This moment marks not just a milestone for Irdeto, but a significant leap forward in the evolution of electric vehicle infrastructure.

Schneider Electric begins Innovation Summit World Tour, unveiling latest innovations and collaborations

Retrieved on:

Wednesday, April 3, 2024

The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric.

Key Points:

The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric.
“Only through innovation and collaboration can we unlock new opportunities for digitalization, electrification and decarbonization that creates lasting impact.
Inaugurated in 2016, Schneider Electric’s Innovation Summits showcase the company’s latest innovations, solutions, and partnerships that drive the future of automation, electrification, and digitalization.
And for fleet and charge point operators, EcoStruxure EV Advisor and EVLink Pro DC 180 kW offer the latest in electric vehicle (EV) charging and management.