EV charging solutions

[ad_1] The journey is no longer the major pain point for electric car drivers embarking on the great American road trip. It's the destination.For those who don't already own an EV, rental car giants like Hertz Global Holdings Inc. offer plenty of options across the cost spectrum. And there are more than 63,000 places to plug in on the road scattered around the US and Canada, with more coming soon at major gas stations. But EV chargers are still largely absent from one crucial node on many a road trip: hotels and inns. A recent survey of 17,000 hotels in the American Hotel and Lodging Association found only about a quarter offer EV charging. Hilton Worldwide Holdings Inc. and Hyatt Hotels Corp. have chargers at less than a third of their US properties. Calling around to more than two doz...

[ad_1] ABB’s electric-vehicle charging business has raised funds from minority investors that value the company at about 2.5 billion Swiss francs ($2.6 billion). ABB Ltd.'s electric-vehicle charging business has raised funds from minority investors that value the company at about 2.5 billion Swiss francs ($2.6 billion). The division, ABB E-mobility, sold new shares for about 200 million francs to equity fund Interogo Holding AG, family office moyreal holding AG and ABB E-mobility Chairman Michael Halbherr, according to a statement Monday. The 8% stake sale will provide funding to grow the charging business, as the Swiss conglomerate still pursues plans for an eventual listing. ABB, which maintains a 92% holding, in June delayed an IPO of the unit that was set to raise $750 million bec...

Tag: EV charging solutions

Planning an EV Road Trip? Good Luck Finding a Hotel With a Charger

ABB’s Electric-Vehicle Charging Business Valued at $2.6 Billion