ABB Unveils World’s Fastest Electric Car Charger

Sep 30, 2021 By MarketDepth

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ABB has launched the world’s fastest electric car charger.  This release is geared towards filling the huge demand for electric cars made by Tesla and other automakers.  The company will launch the new Tera 360 modular charger with plans to float its electric vehicle charging business that may be valued around USD 3 Billion.  The charger may fuel up to four vehicles at a time and fully charge any electric car within 15 minutes making it time efficient and attractive to customers.  “With governments around the world writing public policy that favors electric vehicles and charging networks to combat climate change, the demand for EV charging infrastructure, especially charging stations that are fast, convenient and easy to operate is higher than ever,” said Frank Muehlon, President of ABB’s E-mobility Division. “The Terra 360, with charging options that fit a variety of needs, is the key to fulfilling that demand and accelerating e-mobility adoption globally.”

“It’s an exciting day for ABB, who as the global leader in electric vehicle fast charging, is playing a key role in enabling a low carbon society. With road transport accounting for nearly a fifth of global CO2 emissions, e-mobility is critical to achieving the Paris climate goal. We will also lead by example by switching our entire fleet of more than 10,000 vehicles to non-emitting vehicles.”

Theodor Swedjemark, Chief Communications and Sustainability Officer at ABB