While the specific percentage of shares repurchased was not disclosed, ABB E-mobility continues to hold a significant stake in InCharge Energy. This deal gives InCharge more decision-making power over its future business operations.

The double articulated lighTram Tosa trolleybus measures 24.7m long and has a capacity for up to 220 passengers. The first buses will be delivered in 2027 with the orders set to be completed by 2032.

The new partnership aims to deliver more efficient, low and zero-emission drivetrain technologies.

Shyft expects the combined company will generate between USD20m and USD25m in annual run-rate cost synergies through “cost optimization and operational efficiency gains”.

The acquisition of the French cable protection systems company is part of ABB’s strategy to enhance its Installation Products Division and strengthen its market position in Europe, the Middle East, and North America, particularly in specialised markets such as OEM applications.

These buses are part of the Exqui.City 24 series, which are intended for use on the T Zen 4 and T Zen 5 Bus Rapid Transit (BRT) lines in the Paris metropolitan area.

The expansion into North America will be enabled by the recent establishment of a manufacturing facility for EV charging stations in Columbia, South Carolina. This new factory aims to produce up to 10,000 chargers per year, serving both the passenger and CV markets.

This vehicle is Switzerland's first driverless public transport vehicle, set to operate on a 2.2-kilometre route in Arbon at a speed of 30 km/h.

Designed as part of a depot-based solution package, these DC fast chargers (MDC 88-920) are suited for long-distance electric HGVs. With an output of 84 kilowatts, the MDC 88-920 can charge an electric truck with a 500kWh battery pack from 10% to 80% in four hours. Electric HGVs with a 1000kWh battery pack can be fully charged in 10 hours.

The group’s uplisting to the MDAX is recognition of its middle level, or “mid-cap”, market capitalisation.

ABB has opened its newly refitted U.S. robotics facility in Michigan for manufacturing AI-enabled robotics and automation technology to help EV OEMs manufacture products more efficiently.

The company received an order for 16 units of its lighTram Tosa double-articulating trolleybus from the Italian city of Vicenza thanks to EUR 19 million in state funding to local transport company SVT, who plan to deploy the fleet on the LAM Rossa line in 2027.