ABB Target Market segments in EV fast charging

ABB Target Market segments in EV fast charging

This Spring, ABB stated that it reached the mark of roughly 1,000 installed DC fast chargers of different type. At the same time, ABB announced that the number of sales exceeded 1,300, which means that 300 more were ordered.

Now today we see an update of "1,500 DC chargers delivered", which at ~4,500 DC fast chargers installed around the world (including Tesla Superchargers), ABB must have more than 30% market share.

Next step for ABB is to move DC fast chargers from public domain to homes. First will be in China with DC wallbox with 10 or 20 kW power for Denza EV customers.

More details on that system (in partnership with Denza) can be found here.

We believe that a similar device will sooner or later will come to Europe and North America and when this happen this could be first such charger on the market ever.

ABB DC wallbox for Denza

ABB DC wallbox for Denza