Historical Stock Chart
2 Months : From Dec 2019 to Feb 2020
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 email@example.com; @MauroOrru94
(END) Dow Jones Newswires
January 09, 2020 04:03 ET (09:03 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.