By Mauro Orru 
 

ABB Ltd. (ABBN.EB) said on Thursday that it has received an additional order for high-power electric vehicle chargers from car-maker joint venture IONITY.

IONITY ordered 324 of ABB's 350 kilowatt high-power EV chargers, which it will deploy across 24 countries by the end of 2020, ABB said.

IONITY is a joint venture of car makers BMW AG (BMW.XE), Daimler AG (DAI.XE), Ford Motor Co. (F) and Volkswagen AG (VOW.XE), set up to build a European electric-vehicle charging network.

The Swiss engineering company didn't disclose financial details of the deal, which follows a previous order of high-power chargers in 2018.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

January 09, 2020 04:03 ET (09:03 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Bayerische Motoren Werke (XE:BMW)
Historical Stock Chart
From Jul 2020 to Aug 2020 Click Here for more Bayerische Motoren Werke Charts.
Bayerische Motoren Werke (XE:BMW)
Historical Stock Chart
From Aug 2019 to Aug 2020 Click Here for more Bayerische Motoren Werke Charts.