ABB acquires controlling stake in Indian EV charging platform Numocity

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ABB has raised its stake in Numocity from 7% to 72% with the right to become the sole owner by 2026

Zurich-based power equipment company ABB has agreed to acquire a controlling stake in India’s Numocity, a leading startup that has developed digital platform for electric vehicle charging, ABB announced on 25 May 2022.

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