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ABB E-mobility raises over €200 million for further growth
One of the products of ABB E-Mobility is the third generation of Terra HP charge posts, a modular 175-350 kW high-power charger ideally suited for highway corridor and EV fleet operations /ABB
Swiss/Swedish technology group ABB has raised CHF 200 million (± €204 million) for its E-mobility division. Shares to raise said capital are being issued as part of a pre-IPO private placement. The transaction is expected to close before the end of 2022, and the capital will be used to implement the growth strategy. The private
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