Shoals Technologies Group Unveils eMobility Innovation Center at Company Headquarters in Portland, TN
February 15 2022 - 8:00AM
Shoals Technologies Group, Inc. (“Shoals” or “the Company”)
(Nasdaq: SHLS), a leading provider of electrical balance of systems
(EBOS) solutions for solar, storage, and electric vehicle (EV)
charging infrastructure, today unveiled its eMobility Innovation
Center at the company's headquarters in Portland, TN.
The 'living lab' displays Shoals' best in class
EV charging and eMobility solutions. It enables customers to
discover the company's "Fuel by Shoals" portfolio of products and
solutions in person, and showcases how Shoals is disrupting the
traditional ways in which EV charging infrastructure has been
deployed. The Fuel by Shoals brand of products provides a modular
approach to deploying EV charging infrastructure, and is compatible
with any charging hardware and software provider. The eMobility
Innovation Center features charging units from a variety of
industry-leading charger manufacturers.
"We are thrilled to unveil our eMobility
Innovation Center here at our company's headquarters in Portland,
Tennesee," said Jason Whitaker, Chief Executive Officer of Shoals.
"Our goal is to deliver a more simple, reliable, and scalable way
to deploy EV charging systems, and the eMobility Innovation Center
provides the optimal demonstration of our technology, allowing
customers to experience our eMobility solutions first hand.”
The eMobility Innovation Center showcases how
Shoals is solving three fundamental issues within the EV charging
market: the traditionally high cost of installing EV charging
stations, the time consumption and disruption of deploying EV
charging units, and the lack of quality and reliability across the
sector.
“Shoals' eMobility solutions address all of the
key challenges faced by the EV charging market,” said Jeff Tolnar,
Senior Vice President of eMobility at Shoals. "By reducing costs
associated with materials and labor, enabling rapid deployments of
EV chargers, and delivering industry-leading quality due to highly
repeatable, in-house production that leverages Shoals’ expertise in
EBOS solutions, we are able to efficiently and cost-effectively
enable the scaleup of EV charging infrastructure to meet rapidly
growing market demand.”
“We’re honored to be a part of the Shoals
eMobility Innovation Center as Shoals helps accelerate widespread
adoption of electrification and increase the scalability of EV
infrastructure,” said Bill Loewenthal, SVP of Product at
ChargePoint. “As EVs begin to take center stage, it’s more
important than ever that we have companies focused on reducing
overall costs, speeding up deployments and increasing performance
of charging sites, and our partnership with Shoals will help
support these goals.”
Both a video and photo library of the eMobility
Innovation Center are available.
About Shoals Technologies Group,
Inc.
Shoals Technologies Group, Inc. is a leading
provider of electrical balance of systems (EBOS) solutions for
solar, storage, and electric vehicle charging infrastructure. Since
its founding in 1996, the Company has introduced innovative
technologies and systems solutions that allow its customers to
substantially increase installation efficiency and safety while
improving system performance and reliability. Shoals Technologies
Group, Inc. is a recognized leader in the renewable energy industry
whose solutions are deployed on over 20 GW of solar systems
globally. For additional information, please visit:
https://www.shoals.com/.
Forward Looking Statements
This press release contains forward looking
statements, including statements regarding the initial public
offering. These statements are not historical facts but rather are
based on the Company’s current expectations and projections
regarding its business, operations and other factors relating
thereto. Words such as “may,” “will,” “could,” “would,” “should,”
“anticipate,” “predict,” “potential,” “continue,” “expects,”
“intends,” “plans,” “projects,” “believes,” “estimates” and similar
expressions are used to identify these forward-looking statements.
These statements are only predictions and as such are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those in the Company’s
registration statement filed with the Securities and Exchange
Commission.
Contacts:
Investors:Email: investors@shoals.com Phone:
615-323-9836
Media: Email: media@shoals.com
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