0 ABB (ABBN.S) announced on Monday that it has increased its shareholding in Chargedot, a Chinese electric vehicle (EV) charging company, from 67 percent to 80 percent. The transaction’s financial specifics were not disclosed. In March 2020, ABB purchased its previous interest in the charging provider. Shanghai SAIC Anyo Charging Technology Co, a subsidiary of China’s car manufacturer SAIC, is the other shareholder, with a 20% stake. You Might Also Like Beefing Up the EV Battery to Reduce those Constant Charging Calls Understanding the Role of Simulation in the World’s Pursuit for Greater Sustainability Giving Household Robots a Bleeding-Edge Medium to Improve their Problem-Solving Capabilities A Unique Future on the Roads
