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ABB Buys Manufacturer of EV Chargers to Power Growth in Niche Gaining Traction

ABB’s recently announced acquisition of Epyon B.V., a manufacturer of electric vehicle (EV) charging equipment, is the latest example of a mainstream electrical manufacturer investing in the development of electric vehicles. You may or may not believe electric vehicles will ever become a cost-effective solution to reducing the globe’s dependence on oil. But with millions of dollars being spent on EV R&D and acquisitions by blue-chip electrical manufacturers like ABB, GE, Leviton,

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