Group press release 2022-06-20 ABB gives update on planned IPO of E-mobility business ABB gave an update today on the planned initial public offering of its E-mobility business. The listing of the business remains an important part of ABB’s strategy. However, recent market conditions have made it challenging to proceed with a planned share offering in the second quarter of 2022. Consequently, ABB is monitoring market conditions and is fully committed to proceed with a listing of
Group press release 2022-06-16 “Applying energy-efficient solutions to electric motors is one of the biggest tickets to save energy” – podcast with ABB’s Adrian Guggisberg Electric motors are ubiquitous, powering heavy industrial machineries to everyday household appliances. Nearly half of the world’s electricity is used in powering electric motors, many of which are running with poor efficiency. In the latest episode of ABB Decoded podcast, Adrian Guggisberg, President of ABB’s Motion Services division, discusses how a significant amount of energy can be saved by
Press release 2022-06-07 ABB to support Canadian refiner in transformation of conventional crude oil facility into renewable fuel production site ABB has been selected by Braya Renewable Fuels to support the transformation of the idled Come By Chance oil refinery in Newfoundland and Labrador, Canada, into a state-of-the-art renewable fuels production center. Braya Renewable Fuels is focused on powering the decarbonized future of the heavy transportation sector, a critical component of the global economy, and is seeking to complete the Phase
Group press release 2022-06-03 “It definitely has had an effect on the landscape of mobility” – Alejandro Agag on the impact of ABB Formula E The latest episode of ABB’s technology-focused podcast features Alejandro Agag, the man widely credited with being the driving force behind the creation of the world’s first single-seater all-electric racing series: ABB Formula E. The Founder of the ABB FIA Formula E World Championship started his career in politics, before becoming a motorsport entrepreneur, and he remains a passionate advocate
Press release 2022-05-31 ABB’s next generation probe helps cement industry increase safety and sustainability in kilns • The European Cement Association estimates that up to 95 percent of traditional fuels used in Cement production can be replaced with alternative fuels and raw materials (AFR) to help reduce emissions • The volatility created by a higher use of AFR brings an increased risk of explosions which in turn cause kiln stops raising costs • ABB is launching the ProKiln inlet gas sampling system to meet
Press release 2022-05-10 ABB Roadshow brings smart solutions and application knowledge to professionals across Canada The ABB #BuildTheFuture Roadshow is bringing hands-on, in-person events to 30 locations across Canada beginning this month. In each city, attendees will learn about new products, new technology releases and ABB’s comprehensive electrical portfolio package from substation to EV. These solutions meet Canadian safety and certification standards, ensure operational efficiency, and reduce downtime and
Group press release 2022-05-09 ABB publishes ABB Review, focused on digital solutions ABB today released the 2/2022 edition of ABB Review, the company’s technical journal. ABB Review has been in continuous publication since 1914, making it one of the longest-running corporate journals of any kind. A perennial source of technical inspiration and education, ABB Review presents some of the company’s most cutting-edge innovations across scientific and technological domains in a raft of
Group press release 2022-05-04 New survey reveals global industry is accelerating investment in energy efficiency Global industry is accelerating its investment in energy efficiency in the next five years as the crucial race towards Net Zero intensifies, a new survey finds. The Energy Efficiency Investment Survey 2022 comes in the wake of a recent UN report calling for concerted action from countries to cut greenhouse emissions at a faster rate. The global survey conducted by Sapio Research targeted 2,294
Group press release 2022-04-28 ABB to support Shell’s global EV charging ambitions ABB E-mobility and Shell are taking their collaboration to the next level to bring flexible and quality charging to millions of electric vehicle drivers. As a leader in EV charging infrastructure, ABB E-mobility has signed a new global framework agreement with Shell to supply ABB’s end-to-end portfolio of AC and DC charging stations. The portfolio ranges from the AC wallbox for home, work or