Announced
Financials
Sources
Tags
Majority
Pending
electric vehicle charging
Acquisition
Auto Services
Private
Cross Border
Friendly
Single Bidder
United States
Synopsis
ABB, a Swedish–Swiss multinational corporation headquartered in Zürich, agreed to acquire InCharge Energy, an electric vehicle commercial charging infrastructure solutions company. Financial terms were not disclosed. The transaction is part of ABB E-mobility’s growth strategy and is intended to accelerate the expansion of its portfolio to include turnkey EV infrastructure solutions to private and public commercial fleets, EV manufacturers, ride-share operators, municipalities, and commercial facilities owners.
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