ABB to Supply Bi-Directional Charging Stations to EV Project
October 13 2020 - 4:55AM
Dow Jones News
By Pietro Lombardi
ABB Ltd. said Tuesday that it will supply its bi-directional
charging technology in a project that includes the possibility for
electric vehicles to return surplus power to the grid.
The Swiss engineering company said it will supply its
11-kilowatt charging technology as part of a contract with France's
DREEV, a joint venture between Electricite de France SA and Nuvve,
a company that focuses on intelligent charging for electric
vehicles.
Under the partnership, ABB will install its equipment in France
first, then in the U.K., Italy, Belgium and Germany.
The company didn't disclose financial details of the
agreement.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com;
@pietrolombard10
(END) Dow Jones Newswires
October 13, 2020 04:40 ET (08:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
ABB (NYSE:ABB)
Historical Stock Chart
From Mar 2024 to Apr 2024
ABB (NYSE:ABB)
Historical Stock Chart
From Apr 2023 to Apr 2024