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Successful Pilot Project: Elicom Continues to Implement PowerBooster Battery Storage Solution From ADS-TEC Energy

1. ADS-TEC Energy expands deployment of PowerBooster with Elicom in Sweden. 2. Successful pilot project boosts confidence in ADS-TEC's battery storage solution.

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FAQ

Why Bullish?

The successful deployment suggests strong market acceptance, similar to previous successful collaborations that led to stock price increases. Historically, partnerships enhancing product distribution typically reflect positively on stock performance.

How important is it?

The news highlights product success and market expansion, crucial for investor confidence and potential stock appreciation.

Why Short Term?

Immediate deployment announcements usually affect stock prices quickly, as evidenced by similar industry news leading to rapid market reactions.

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ENPHPLUGTSLA
NÜRTINGEN, Germany--(BUSINESS WIRE)-- #battery--ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-based energy storage and fast-charging systems, today announced that Elicom is further deploying the PowerBooster battery storage solution from ADS-TEC Energy following a successful pilot project. Elicom is one of Sweden's leading partners for electrification and automation for industry, water and wastewater as well as public services. Battery Storage Systems by ADS-TEC Energy for Elicom Elicom operat.

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