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ABB Set to Acquire Majority Stake in Chinese E-Mobility Company

The acquisition will strengthen ABB’s ties with Chinese electric vehicle manufacturers

October 31, 2019

/ Rakesh Ranjan
/ Finance and M&A, Other
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Switzerland-headquartered ABB is set to acquire a 67% share stake in Shanghai Chargedot New Energy Technology Co., Ltd., a leading Chinese e-mobility solution provider.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
ABBChargedotChinaE-mobilityElectric VehiclesIndia
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