ABB made its second acquisition in the electric-vehicle market with its purchase of Epyon B.V., a manufacturer of electric-vehicle charging infrastructure solutions focusing on direct current (DC) fast-charging stations and network charger software. ABB's 2010 purchase of San Francisco-based ECOtality, a clean electric transportation and storage technologies company, enabled it to enter North America's electric vehicle charging market.
Ulrich Spiesshofer, head of ABB's Discrete Automation and Motion division, said the Epyon acquisition gives ABB access to competitive products, key network management software, and a robust maintenance service business model, which ideally complements our own offering. Founded in 2005, the company is headquartered in Rijswijk, Netherlands, has an R&D center in Eindhoven and sales resources across Europe.
Epyon's DC fast-charging stations have been in commercial use since May 2010, and reduce charging time to 15 minutes compared to 6-8 hours using a standard alternating current (AC) charger outlet. The company's equipment and software also enables the charging station owner to monitor conditions and requirements of the station, linking billing and administrative needs. It provides a range of different charging methods for each of the station connections, enabling it to tailor charging to various start conditions, power requirements and charging times. EV charging station unit sales are expected to multiply rapidly over the next five years, and reach 1.6 million units globally by 2015, according to Pike Research. Details