ABB Mulling Sale of Some Electric Mobility Assets

ABB is considering selling part of its E-mobility business, including EV charging stations and R&D facilities in China, with potential buyers showing interest. The sale could fetch $100-200 million, but ABB may opt against it. The assets include ABB E-mobility's direct and alternating current charger operations. ABB has not commented, but notes it has sold over 1 million EV chargers globally. The company's CEO sees growth potential in China.
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