Who will launch the fastest electric EV charger in the world?
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Swiss Engineering Company(ABB) said that ABB has launched the world's fastest electric vehicle charger to meet the growing demand for electric vehicles from Tesla (tsla. O), Hyundai (005380. KS) and other carmakers.?
The company is launching a new Terra 360 modular charger to promote its electric vehicle (EV) charging business, which may be worth about $3 billion.
ABB said that the device can charge up to four cars at a time and can fully charge any electric vehicle in 15 minutes, so it is attractive to customers who are worried that the charging time may be up to several hours.?
Frank muehlon, President of ABB's electronic mobility division, said: "as governments around the world formulate public policies conducive to the response of electric vehicles and charging networks to climate change, the demand for electric vehicle charging infrastructure, especially fast, convenient and easy to operate charging stations, is higher than ever.".
According to the International Energy Agency, although the total sales of new cars related to the pandemic fell last year, the number of electric vehicles registered worldwide increased by 52% to 480 million in 2021.
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The IEA said that the growth trend accelerated in 2022, and the sales of electric vehicles increased by 130% in the first three months of this year.
ABB's Terra 360, which offers a range of 100 kilometers (62 miles) in less than three minutes, will be available in Europe by the end of this year. The United States, Latin America and Asia Pacific will follow up in 2022.
ABB declined to give a price range for the product, which is more aimed at commercial customers such as gas stations, stores and companies than the driver's private garage.?
Bjorn Rosengren, chief executive of ABB, said that the investor materials for the IPO of its electric vehicle charging business will be ready, and the potential listing time is expected to be 2022.
The company wants to retain control of the business to help acquire software and hardware companies and attract capital for rapid growth.