World's leading manufacturer of DC fast-charging hardware, supplying equipment to major charging networks globally. Installed in 120+ countries with a dominant share of commercial and public DC charger hardware sales. Provides turnkey charging solutions from 50 kW to 360 kW for highways, fleets, and urban deployments worldwide.
Key Milestones
ABB acquires Dutch DC fast-charging startup Epyon BV for an undisclosed sum; Epyon's CCS/CHAdeMO multi-protocol cabinets become the foundation of the Terra product family
Launches Terra 53, the world's first commercially available 50 kW multi-standard DCFC supporting CHAdeMO + CCS Combo simultaneously - becomes the de facto charger spec at >100 European public charging operators in mid-2010s
Launches Terra HP 350 kW: first commercial high-power charger pilot at IONITY sites; the cabinet that powered Europe's first 800V Porsche Taycan compatibility pre-launch
Spins out E-mobility as separate division targeting an independent IPO; sets US$750M revenue target with planned listing 1H 2022
Launches Terra 360, the world's first 360 kW DCFC charging up to 4 vehicles simultaneously from a single cabinet; modular split-power approach lets sites with 4 stalls share one transformer
Crosses 1M chargers sold globally across L2 and DC fast-charging product lines (50 kW Terra 53 to 360 kW Terra 360); milestone reached across 120+ countries
Postpones planned IPO citing market conditions; continues as ABB division - charging infrastructure SPAC valuations down 70%+ since 2021 highs make a clean listing untenable
Launches MCS-capable Megawatt charging product line for trucks and aviation pilots; commits to CharIN J3271 spec ahead of finalization
Acquires US-based BTC Power; consolidates US DCFC manufacturing capacity ahead of expected NEVI re-tendering wave - second sale of BTC Power after 2020 Innogy buyout