Nanjing, Aug 22, 2017- ABB signed a strategic partnership with Nanjing Bustil Electronic Technology Co., Ltd. (Bustil for short) at the “Conference on the Establishment of Nanjing New Energy Vehicle Operation Union” held in Nanjing today, to further deepen the bilateral cooperation, and jointly develop the electric vehicle infrastructure market. According to the agreement, the two sides have agreed to cooperate in several fields including development of urban roadside charging devices.
ABB is one of the pioneers in the R & D and manufacturing of high-power chargers throughout the world. It delivers a full range of solutions covering power from 10kW to 450kW, applicable to various electric vehicles such as passenger cars and buses. The application scenarios include expressway service areas, urban quick charging stations and private users, providing users with fine-quality experience in charging electric vehicles.
"We are quite confident in ABB's development in China, where the important principle has always been in-depth local partnership. In the field of electric vehicles, as a high-end charging infrastructure & equipment and solution provider, ABB has already accumulated comprehensive experience around the world,” said James Zhao, head of ABB China Electrification Products Division. “We would like to bring our premium products and business experience to Nanjing, to provide technical support for the planning and development of Nanjing’s new energy transport industry.”
Li Xin, founder and CEO of Nanjing Bustil, remarked that, thanks to continuous innovation, Bustil remains at the forefront of the industry, aiming to create safer and more intelligent charging facilities and providing more convenient services to the local electric vehicle owners.
According to data from China Association of Automobile Manufacturers (CAAM), in 2016, the ownership of electric vehicles in China was 1.09 million, an increase of close to 87% compared to that of 2015, which indicates the huge potential in the charging infrastructure market. Conducive to both ABB and Bustil, the strategic partnership signed today will give both sides the opportunity to apply their respective industrial expertise, to meet people’s growing mobility demands with efficient, sustainable and digital electric vehicle solutions.
With world-leading charging solutions, ABB has been playing an active role in promoting the development of electric vehicle industry from 2010. So far, ABB has provided more than 5,000 cloud-connected DC chargers for passenger cars and light commercial vehicles around the world.
Since its ‘go-live’, 1chong.com, under the auspice of Bustil, has been focusing on technical innovation and user operation services, setting up the standard on the promotion of electric vehicles and construction of charging facilities. 1chong.com currently occupies more than 70% of the market share in Nanjing’s AC chargers, having built over 4,000 operable charging devices so far. The cloud charging platform, developed independently by Bustil, has gained much recognition from the Science and Technology Department of Jiangsu Province and Jiangsu Traffic Office. The company purchased 1,000 electric vehicles in early 2016 with around 80,000 registered members, which is recognized as a pioneer in the local car share market. These vehicles are now available in such core areas as business districts, condominium complexes and administrative centers.
ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing more than a 125-year history of innovation, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. ABB operates in more than 100 countries with about 132,000 employees. ABB has a full range of business activities in China, including R&D, manufacturing, sales and services, with 17,000 employees located in 139 cities, 40 local companies, and online and offline channels across over 300 cities.