January 13, the world's leading power and automation technology group ABB announced in Zurich, Switzerland, to San Francisco power transmission and storage of clean technology enterprises invested 10 million U.S. dollars ECOtality. Through this investment, ABB will enter the North American electric vehicle charging market and become the field of transmission systems in the world ECOtality a strong partner.

    ABB's investment will be used to support business expansion ECOtality, and its electric vehicle projects. The electric car project will be 16 major cities in the United States building electric car charging infrastructure, for a total installation of over 15,000 sets of related charging equipment to support the 8300 run of electric vehicles. The project also received the U.S. Department of Energy amounted to 115 million in funding.

    ABB has also reached an agreement with the ECOtality, ECOtality will choose ABB as its power electronic components and parts of the North American supplier of choice. The two companies will work together to develop electric car charging technology, the technology will be integrated ECOtality's Blink electric car charging stations with advanced user interface and charging function. In cooperation with the ECOtality, ABB will contribute its electric vehicles in several European integration project in the charging solution professional experience.

    ABB Group, the global market and customer solutions at Koch, said: "This partnership will enable ABB in the smart grid, renewable energy, efficient electric power networks, and other areas of experience and ECOtality electric vehicles in North America growing in the field of infrastructure leading each other. The two sides will be the perfect combination of capacity, and work to provide relevant solutions for electric vehicles, electric vehicles not only to ensure the sustainability of travel, but also to ensure the stability of the grid. "

    ECOtality, Inc. (Nasdaq: ECTY) has a full range of electric vehicle charging systems and technologies can enable electric vehicles charged at home or office, also support electric vehicles in the long process of moving rapidly through the short-term parking complete the charging process. Funded by the U.S. Department of Energy by the electric car project, ECOtality is expected to be in two years in the United States has the largest number of electric vehicle charging station business. ECOtality also planned with the power companies and local governments, through its proprietary regional electric vehicles (EVMicro-Climate) development plan, in the relevant regional electric car charging unit building to facilitate the charging of electric vehicles. The company currently has approximately 100 employees.

    ECOtality JonathanRead CEO, said: "Through the cooperation with ABB, we will further promote the development of electric vehicle transportation applications, the electric vehicle in popularity in the public as possible. And ABB agreement allows us to rapidly increase production capacity expand the scale of business. "

    ABB in the past 12 months were related to strategic initiatives include: the development of smart grid communication system Trilliant-end investment companies; in cooperation with General Motors R & D projects, exploring the life of the electric car to car batteries for energy storage applications.

    2010, ABB acquired the global energy, power, communications and other asset-intensive industries leading software provider Ventyx company, has greatly strengthened ABB's portfolio of smart grid.

    ABB is the highest in the world top 500 list of the power and automation technology leader in the field. ABB's technology can help electric power, public utilities and industry customers to improve performance while lowering environmental impact. ABB Group of companies operates in around 100 countries, with 117,000 employees. ABB in China, including R & D, manufacturing, sales and engineering services, a full range of business activities, employment, nearly 16,000 employees, has 30 joint ventures and wholly owned businesses, strong sales and service network throughout the country.