ABB propels e-mobility shift with Formula E race in Zurich on June 10
The Zurich race has the world’s fastest and most advanced electric racing cars, which will bring electrifying wheel-to-wheel action to the home of ABB’s global headquarters. As the world leader in electric vehicle fast-charging, ABB is propelling the shift towards e-mobility, said an ABB statement.
With the world moving towards e-mobility, ABB as the leader in electric vehicle fast-charging is right in the lead in propelling the shift. The Zurich edition of the ABB FIA Formula E Championship is being organised at the company's headquarters town in Switzerland after more than 60 years on June 10 to promote this concept. By demonstrating the power, speed and viability of battery-powered automobiles, the E series is proving that electric cars are a cutting-edge 21st-century technology.
The Zurich race has the world’s fastest and most advanced electric racing cars, which will bring electrifying wheel-to-wheel action to the home of ABB’s global headquarters. As the world leader in electric vehicle fast-charging, ABB is propelling the shift towards e-mobility, said an ABB statement.
“ABB and Formula E are two pioneers who are shaping the latest electrification and digital technologies,” said ABB CEO Ulrich Spiesshofer.
“ABB is a technology and market leader in electrification, with the largest installed base of fast-charging stations for electric vehicles worldwide; Formula E serves as a competitive platform to develop and test e-mobility-relevant electrification and digitalization technologies. By joining forces, ABB and Formula E are ideally positioned to push the boundaries of e-mobility,” ABB CEO added.
The race weekend will offer these highlights for the public:
1. At the E-Village, the ABB booth will present an array of ABB electro-mobility technology, including a high-performance electric car and two of ABB’s most advanced charging stations – the Terra 53 and Terra HP. A hologram will display a complete electric vehicle charging infrastructure.
2. An exhibit of ABB’s electric bus solutions will include a video and a demonstration of ABB’s TOSA fast-charging stations for bus stops that can recharge the vehicle’s battery in the time it takes for passengers to board.
3. ABB’s YuMi, a dual-arm collaborative robot will be signing autographs.
4. A display of SeaBubbles, an example of e-mobility on water. This futuristic, zero-emission new form of water taxi incorporates ABB technology, demonstrates the viability of transportation that does not impact the environment or place any burden on urban infrastructure.
5. A miniature electric car race.
The company has recently introduced the world`s fastest charging station, the Terra HP, where it can recharge a car`s battery in just eight minutes for a distance of 200 km.
Watch this Zee Business video
Notably, ABB is also a global leader in power management and distribution systems that incorporate renewable energy into utility grids – providing the clean electricity that makes electric vehicles the preferred alternative to fossil-fuel transportation.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
IRCTC Dividend 2024: Railway PSU announces 200% interim dividend - Check record date and other details
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
06:52 PM IST