ABB Acquires Controlling Stake In Incharge Energy
ABB said on Thursday it had acquired a controlling interest in U.S-based InCharge Energy, which specializes in electric vehicle (EV) commercial charging infrastructure.
The maker of industrial automation and factory robots said the acquisition built on an initial investment and took its stake in the company to approximately 60%.
Founded in 2018 and based in California, InCharge Energy has around 50 employees and is active in the United States and Canada.
"Together with InCharge Energy and its service-centric customer approach, we are ideally positioned to benefit from the significant future growth of the U.S. EV market," Frank Muehlon, president of ABB's E-mobility Division, said in a statement.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
carandbike is not merely another name in the world of automotive web sites. We bring together the best from the world of both, cars and bikes. New cars, used cars, new bikes, - we endeavour to help you with all of that. Additionally, carandbike also strives to keep its users updated with the latest from the global automotive industry. car price, car reviews, car dealers, new bikes, and everything in between, carandbike is happy to help!
Read all latest news and reviews from car&bike Team →
Related News
Latest Cars
Upcoming Cars
Latest News
Sarthak Mahajan | Oct 4, 2026New Mahindra Thar Electric Spied Testing; Draws Inspiration From Vision TA Mahindra SUV has been spied testing on public roads, and it is speculated that it could be the upcoming Thar Electric.2 mins read
car&bike Team | Oct 3, 2026Honda Elevate Facelift Teased Ahead Of October 6 LaunchThe Elevate facelift is expected get a slightly tweaked exterior and more changes inside.1 min read
car&bike Team | Oct 3, 20262027 Kawasaki Ninja 650 Revealed; Gets Hardware UpgradesThe 2027 Ninja 650 gets a new Showa inverted fork, radial-mount brakes and more torque, along with updated TFT connectivity.2 mins read
car&bike Team | Oct 3, 2026Auto Sales September 2026: Maruti Leads As Kia, Tata, Mahindra Post Strong GrowthMaruti Suzuki led September sales with over 2.36 lakh units, while Tata, Mahindra, Hyundai and Kia also posted growth, with Tata recording its highest-ever quarterly sales in Q2 FY27.3 mins read
Amaan Ahmed | Oct 2, 2026BMW F 450 R: Five Important Questions AnsweredReplacing the G 310 R as BMW's entry-level naked motorcycle is the just-unveiled F 450 R, and here are answers to five pressing questions about it.1 min read
car&bike Team | Oct 2, 2026Honda Rebel 500 Recalled In India To Address Potential Steering IssueLess than 100 units of the motorcycle manufactured in 2025 that were sold in India are affected by this global recall.1 min read
Seshan Vijayraghvan | Oct 4, 20262026 Skoda Slavia Facelift Review: Upgrades That Matter And A Better AutomaticThe new Skoda Slavia brings a handful of visual and mechanical changes, most notably a new 8-speed automatic for the volume-selling 1.0-litre TSI variants.5 mins read
Bilal Firfiray | Oct 3, 2026Kia Sorento Review: Is Bigger Always Better?The Kia Sorento has arrived to our shores at the right time. But does it have what it takes to take the market by a storm?7 mins read
Abhishek Nigam | Oct 2, 2026MINI Countryman C Review: Has MINI Finally Grown Up Without Losing Its Personality?The new Countryman C is bigger, more practical and packed with technology, but its quirky appeal comes with a few compromises.1 min read
Preetam Bora | Oct 3, 2026ViaTerra Spencer Riding Jacket Review: The Ideal Jacket For Indian Summers?The ViaTerra Spencer mesh riding jacket makes a strong case as a well-built, street-focussed riding jacket, combining good airflow with Level 2 protection and a snug, secure fit. Is it perfect? Read on.6 mins read
Janak Sorap | Oct 1, 2026Yamaha YZF-R2 Track Review: New TerritoryYamaha's all-new YZF-R2 brings 200cc performance, lightweight construction and R-series DNA to a new generation of riders, but its true track potential is held back by one crucial component.1 min read