ABB E-mobility increases majority stake in Chinese EV charging provider Chargedot

ABB announced it has increased its majority stake in Chinese electric vehicle charging provider, Chargedot Shanghai New Energy Technology Co., Ltd. to 80 percent. ABB had previously acquired a 67 percent stake in Chargedot in March 2020. The additional investment is part of ABB E-mobility’s growth strategy and further strengthens ABB’s position in the rapidly […]