ABB Group launches superfast Terra 360 modular charger

01 Oct 2021 CW Team

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

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

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Technology

13 May 2026

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Infrastructure Urban

13 May 2026

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..