ABB Group launches superfast Terra 360 modular charger
POWER & RENEWABLE ENERGY

ABB Group launches superfast Terra 360 modular charger

ABB Group has launched what is being claimed as the world's fastest electric car charger for e-cars manufactured by Tesla, Hyundai and others.

The company is now launching the new Terra 360 modular charger to boost its electric vehicle (EV) charging business to about $3 billion.

In a single go, the charger can charge up to four vehicles, with charging e-cars fully within 15 minutes. It said that the facility makes it attractive for EV owners who are worried about the charging times, which can take several hours.

President of ABB's E-mobility Division, Frank Muehlon, said that the governments writing policies to favour EVs and charging networks to oppose climate change, the demand is surging for electric charging stations that are easy-to-use, fast and convenient.

According to the International Energy Agency (IEA), despite the Covid-19 pandemic, in 2020, the total registrations increased by 41% to three million e-cars. IEA said that the growing trend of EVs has increased in 2021, with e-car sales rising by 140% in the first three months of 2021.

ABB's Terra 360 can charge, giving a 100 km range in less than three minutes, which will be made available in Europe by the end of this year, followed by the US, Asia Pacific region and Latin America in 2022.

ABB has not mentioned the price range of the product, which is focused more on business clients such as fuel stations, stores and firms rather than private garages.

The Chief Executive of ABB, Bjorn Rosengren, has said that the investor material for the Initial Public Offering (IPO) for the EV charging business will be ready in the fourth quarter (Q4) of 2021, with a potential flotation target for early 2022.

The company wanted to control the stake in the charging business, which witnessed sales of $220 million in 2020 but sought help with the acquisition of software and hardware firms to attract capital growth.

Image Source


Also read: Rising electricity costs to affect transition to electric vehicles

Also read: EV Jagat launched in India to boom in country’s EV sector

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

ABB Group has launched what is being claimed as the world's fastest electric car charger for e-cars manufactured by Tesla, Hyundai and others. The company is now launching the new Terra 360 modular charger to boost its electric vehicle (EV) charging business to about $3 billion. In a single go, the charger can charge up to four vehicles, with charging e-cars fully within 15 minutes. It said that the facility makes it attractive for EV owners who are worried about the charging times, which can take several hours. President of ABB's E-mobility Division, Frank Muehlon, said that the governments writing policies to favour EVs and charging networks to oppose climate change, the demand is surging for electric charging stations that are easy-to-use, fast and convenient. According to the International Energy Agency (IEA), despite the Covid-19 pandemic, in 2020, the total registrations increased by 41% to three million e-cars. IEA said that the growing trend of EVs has increased in 2021, with e-car sales rising by 140% in the first three months of 2021. ABB's Terra 360 can charge, giving a 100 km range in less than three minutes, which will be made available in Europe by the end of this year, followed by the US, Asia Pacific region and Latin America in 2022. ABB has not mentioned the price range of the product, which is focused more on business clients such as fuel stations, stores and firms rather than private garages. The Chief Executive of ABB, Bjorn Rosengren, has said that the investor material for the Initial Public Offering (IPO) for the EV charging business will be ready in the fourth quarter (Q4) of 2021, with a potential flotation target for early 2022. The company wanted to control the stake in the charging business, which witnessed sales of $220 million in 2020 but sought help with the acquisition of software and hardware firms to attract capital growth. Image SourceAlso read: Rising electricity costs to affect transition to electric vehicles Also read: EV Jagat launched in India to boom in country’s EV sector

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?