ABB acquires controlling stake in InCharge Energy


An ABB Group EV charger is seen next to a Proterra Catalyst BE35 electric bus at an L.A. City Transportation Department LADOT DASH transit bus maintenance facility in downtown Los Angeles California U.S. August 21 2021.  REUTERSBing Guan

An ABB Group EV charger is seen next to a Proterra Catalyst BE35 electric bus at an L.A. City Transportation Department (LADOT) DASH transit bus maintenance facility in downtown Los Angeles, California, U.S., August 21, 2021. REUTERS/Bing Guan

ZURICH (Reuters) - 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%.

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