ABB sees big potential in EV charging infrastructure in India

ABB sees big potential in EV charging infrastructure in India

Swiss engineering major ABB is bullish on the growth opportunity in India’s electric vehicle charging market. The company is also keen to harness its strong foothold in solar energy generation in India to provide not just EV chargers but a clean charging ecosystem altogether.

ABB To Buy GE’s Electrical Gear-Making Business For $2.6 Billion

ABB To Buy GE’s Electrical Gear-Making Business For $2.6 Billion

ABB is buying General Electric’s industrial solutions business for $2.6 billion, with an eye on competing with top player Schneider Electric in the U.S. market share for circuit breakers, switchgear and other low-voltage electrical equipment, as well as specialized lighting control and power supply equipment for data centers, hospitals and other critical facilities.