ADS-TEC Energy says its $8 million Auburn manufacturing facility should be completed by 2024. (ADS-TEC)
A plant that makes fast charging stations for electric vehicles is planning its first U.S. location in Auburn. Electric Car Charging Companies
ADS-TEC Energy today announced an $8 million project which is expected to create about 180 jobs.
The company plans a sales, warehousing and assembly facility that should be operational by 2024. Hiring has already begun, according to the company.
ADS-TEC Energy uses lithium-ion technology to create rapid electric charging stations, with battery buffers that allow for fast charging without the need to expand power grids.
Alabama has seen several announcements in the past year related to electric vehicle technology, from Mercedes-Benz beginning production on electric SUVs, to a graphite processing plant in Coosa County and a Colbert County plant to make materials for EV batteries.
“We’re excited to welcome yet another high-tech German company to Alabama,” Gov. Kay Ivey said. “The partnership between German engineering and Alabama manufacturing has brought many innovative products to the North American market.”
The Lee County location was chosen for its proximity to Auburn University, and the ability to tap into students and graduates.
Thomas Speidel, ADS-TEC Energy’s founder and CEO, said the company can set up a sales, warehousing and assembly location in Auburn within one year of listing its shares on the NASDAQ exchange. Auburn Mayor Ron Anders said the city “will do everything we can to support ADS-TEC Energy in establishing a successful operation in Auburn.”
If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
© 2022 Advance Local Media LLC. All rights reserved (About Us). The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local.
Chargepoint Level 2 Charger Community Rules apply to all content you upload or otherwise submit to this site.