ABB to acquire power electronics business of Gamesa Electric
December 18, 2024
ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa.
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ABB opens new $100 million campus in Wisconsin
October 31, 2024
ABB has started the phased opening of a new USD 100 million campus in New Berlin, Wisconsin to increase US production capacity of industrial electric drives and services to fully meet "Build America Buy America Act" (BABAA) requirements.
ABB Robotics, Molg to tackle data center e-waste
October 15, 2024
ABB Robotics is collaborating with US start-up Molg to create robotic microfactories to recover and recycle data center operators’ disused electronic equipment – otherwise known as e-waste.
ABB Robotics partners with Molg to create e-waste micro-factories
October 14, 2024
With global e-waste projected to rise to 75 million tons by 2030, the micro-factories will help reduce e-waste and make the data center sector operate more efficiently and sustainably.
ABB signs MoU with Chinese battery manufacturer
September 12, 2024
ABB has signed a Memorandum of Understanding (MoU) with EVE Energy Co., Ltd. (EVE), a Chinese lithium battery cell manufacturer, to support the development of new lithium battery factories in locations globally.
ABB invests $35 million in new UK factory
June 25, 2024
ABB is investing USD 35 million in a new greenfield manufacturing and R&D facility in Nottingham, UK to open in early 2025.
AI chip specialist Hailo raises $120m
April 08, 2024
Israel-based chipmaker Hailo has completed a new fund raise to bring its lifetime total to $340m since 2017.
Tarak Mehta to leave ABB
March 28, 2024
ABB says that Tarak Mehta, President Motion Business Area and Member of the Executive Committee, has decided to leave ABB since he has accepted the role as CEO of another company.
ABB opens refitted US robotics facility
March 14, 2024
ABB has officially opened its refitted US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, USA.
Volvo invests in 1,300 ABB robots
January 04, 2024
ABB will supply Volvo Cars with more than 1,300 robots and functional packages to build the next generation of electric vehicles. This will support the Swedish car manufacturer to achieve its sustainability targets.
ABB secures €500 million EIB loan for electrification R&D
November 22, 2023
ABB and the European Investment Bank (EIB) have signed a EUR 500 million financing agreement to support ABB’s research and development in its Electrification business area.
ABB opens its largest Swiss investment in over a decade
November 20, 2023
ABB has opened the new “Emotion” multipurpose building at its Untersiggenthal location. The new CHF 45 million (EUR 46.6 million) centre of excellence is ABB’s largest investment in Switzerland in over a decade.
Exeger's new Stockholm factory is now operational
October 02, 2023
Swedish deep tech company Exeger says that the first Powerfoyle cells have been produced and delivered to customers from its new factory, Stockholm II.
ABB invests $280M in new robotics hub in Sweden
September 13, 2023
A 65,000 square metre integrated Robotics Campus will replace the company's existing site, bringing together automated manufacturing, R&D, customer experience and training centers to develop next-gen AI-enabled technologies.
ABB expands partnership with Northvolt
August 18, 2023
ABB will deliver electrification solutions to Revolt Ett, Northvolt’s new battery recycling facility in Sweden.
ABB and China Telecom open joint digitalisation and industrial IoT lab
June 19, 2023
ABB and China Telecom have opened a joint digitalisation and industrial IoT laboratory in Hangzhou, China.
ABB hit by ransomware attack
May 25, 2023
Global technology company ABB says that it recently became aware of an IT security incident that impacted certain of its systems. An unauthorised third-party managed to gain access to certain ABB systems and deployed a type of ransomware.
ABB invest $170 million as it expands in the US
April 05, 2023
ABB is accelerating its growth strategy in the United States by investing USD 170 million in several different projects, creating several hundreds of jobs in the process.
ABB invests $40 million to add new US manufacturing facility
March 31, 2023
ABB is reinforcing its commitment to the US market and Utility industry with the addition of a new manufacturing facility in Albuquerque, New Mexico, for its Installation Products Division, formerly Thomas & Betts.
ABB to expand Robotics factory in US
March 17, 2023
With an investment of USD 20 million, ABB aims to increase production at its existing Auburn Hills, Michigan facility.
ABB sells its power conversion division for $505 million
January 20, 2023
ABB has reached an agreement to sell its Power Conversion division to AcBel Polytech Inc. for USD 505 million in cash.
ABB bets on Shanghai for robotics mega factory
December 02, 2022
ABB officially opened its fully automated robotics factory in Kangqiao, Shanghai, China. The 67,000m2 production and research facility represents a USD150 million investment by ABB
ABB to sell remaining stake in Hitachi Energy to Hitachi
September 30, 2022
ABB says it will divest its remaining 19.9% stake in its Hitachi Energy JV to none other than Hitach.
ABB to acquire PowerTech Converter
September 19, 2022
ABB says it will acquire the PowerTech Converter (PTC) business, a supplier of auxiliary power converter solutions for light rail vehicles and metros. The acquisition is described as an important part of ABB Motion’s external growth strategy.
ABB expands US manufacturing with EV charger facility
September 15, 2022
ABB E-mobility makes a multi-billion investment to meet increasing market demand for electric vehicle chargers. A new Manufacturing facility in Columbia, South Carolina localises the supply chain closer to customers and will create 100+ jobs.
ABB to acquire Siemens low voltage NEMA motor business
August 11, 2022
ABB has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, the acquisition will provide ABB with a well-regarded product portfolio, a longstanding North American customer base, and experienced operations, sales, and management team.
ABB to exit Russian market
July 27, 2022
ABB has decided to exit the Russian market due to the ongoing war in Ukraine and impact of related international sanctions.
ABB opens its largest DC fast charger production facility in Italy
June 22, 2022
ABB E-mobility has officially opening of the company’s largest DC fast charger production site to date - the E-mobility Centre of Excellence in Valdarno, Tuscany.
ABB to automate Scania’s new battery assembly plant
March 01, 2022
ABB will outfit Scania’s new battery assembly plant in Sweden with a range of robotic solutions – creating a highly automated plant.
ABB increases stake in Chinese EV charging provider
February 01, 2022
ABB has increased its majority stake in Chinese electric vehicle charging provider, Chargedot Shanghai New Energy Technology to 80%. ABB had previously acquired a 67 % stake in Chargedot in March 2020.
Exeger to build a second solar cell factory in Sweden
November 29, 2021
Swedish solar cell producer, Exeger, announces that the company will expand with a new industrial-scale factory, located in the Kista area of Stockholm, Sweden.
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