ABB E-mobility

ABB E-mobility operates as a distinct entity spun off from the global technology giant ABB Group, leveraging its parent company's 130-year history in the energy and automation sectors. The firm was established as a separate division to concentrate on the electric vehicle (EV) charging market, a strategic initiative that began in 2010. This move was not the journey of a typical startup but an evolution from within a multinational corporation, capitalizing on ABB's existing expertise in power electronics and industrial automation. The division's formation was driven by the accelerating global adoption of EVs and the corresponding need for a comprehensive charging infrastructure.

The business is led by CEO Frank Mühlon, who was appointed president of the newly formed division in February 2021. Mühlon's background includes extensive experience in the automotive division at Bosch and various roles within ABB since 2014, providing a strong foundation in both the automotive and electrical infrastructure landscapes. Under his leadership, the company has pursued an aggressive growth strategy, marked by significant milestones such as the sale of its millionth EV charger by early 2023 and the expansion of its manufacturing capabilities, including a new facility in Valdarno, Italy, capable of producing a DC fast charger every 20 minutes. Another key development was the commencement of manufacturing in a new U.S. facility, set to produce up to 10,000 chargers annually.

ABB E-mobility's business model is centered on the sale of a wide portfolio of EV charging hardware and software solutions. Revenue is generated through several streams: the direct sale of charging equipment, software solutions for managing and monitoring stations, installation and maintenance services, and network services that may include data monetization. The company serves a diverse client base that spans individual EV owners, commercial fleet operators, public transit authorities, and businesses in retail and hospitality. Its market strategy involves strategic acquisitions and partnerships with major automakers and energy companies to expand its global reach, which currently covers over 85 markets.

The product and service portfolio is comprehensive, offering solutions from compact AC wall boxes for residential use to high-power DC fast chargers for public highway stations. A standout product is the Terra 360, an all-in-one charger that can deliver up to 360 kW of power, providing a full vehicle charge in under 15 minutes. For heavy-duty transport, the company is developing a megawatt charging system (MCS) capable of supporting up to 3MW. Beyond hardware, ABB E-mobility provides a suite of digital services, including remote monitoring, predictive maintenance, and software updates to ensure high uptime and operational efficiency for its charging stations. This integrated approach of hardware, software, and services aims to reduce the total cost of ownership for its clients and ensure reliable charging operations.

Keywords: EV charging solutions, DC fast chargers, AC wallbox, e-mobility infrastructure, fleet electrification, public charging stations, electric vehicle supply equipment, smart charging, energy management solutions, vehicle-to-grid, charging network operator, high-power charging, commercial EV charging, public transport electrification, remote diagnostics, predictive maintenance, charging as a service, megawatt charging system, Terra 360, electric bus charging, heavy-duty vehicle charging