European industrial and electric products business ABB has invested $10 million into ECOtality, Inc, a producer of electric vehicle chargers and other electric transportation related products. ABB will license ECOtality’s patented Blink electric vehicle charger technology and will enable ECOtality to introduce its products onto European markets. ABB aims to utilize the Blink charging system in a new system which it is developing.

Source: The Business Journal article

Read more: ECOtality’s press release

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