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ABB to Build Out Estonian EV Charging Network

ZURICH -- Power and technology group ABB Ltd Monday said it had won a tender offer to build a network of 200 electric vehicle (EV) fast•charging stations throughout Estonia.

MAIN FACTS:

• The order from the Estonian government is Europe's largest EV charging infrastructure contract to date and creates the world's first fast-charging infrastructure with full nationwide coverage.

• The order was booked in the fourth quarter

• ABB will start deliveries in the second quarter and plans to have all Terra systems direct current (DC) chargers running by the end of this year.

• As part of the five•year contract, ABB will also deliver network operating support services for the chargers in the field and the backbone IT architecture.

• ABB won the order together with its partners G4S and NOW! Innovations, which provide first-line customer support and payment solutions, respectively.

• "This order shows that the rollout of EV charging infrastructure solutions is gaining momentum, and complements the recent run of small orders we've taken in other European countries from Original Equipment Manufacturers (OEMs) in the automotive industry and infrastructure customers," said Ulrich Spiesshofer, head of ABB's Discrete Automation and Motion division.

• The growing number of electric vehicles is driving a global market opportunity for charging solutions including sophisticated monitoring systems and software to support the electric grid, ABB said.

• ABB's DC chargers have been used commercially since May 2010 and reduce charging times from eight hours, using regular alternating current (AC), to as little as 15 to 30 minutes.

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