E-mobility from ABB invests in the YKC Charging Pre-C Round

E-mobility from ABB invests in the YKC Charging Pre-C Round

ABB E-mobility announced on July 28, that it will invest in the YKC Clean Energy Technologies Pre-C round, and that it would join forces with YKC Charging to build a charging network ecosystem in the future. ABB E-mobility will utilize several AC and DC charging products to expand its charging network more widely. The two parties will work together to promote the electrification of worldwide transportation.

The partnership is part of ABB E-mobility''s global expansion. YKC will also provide a wider range of charging services for the worldwide market, further expanding the scope of operations and developing solutions for energy management and asset digitization.

In June 2022, the business of YKC Chargings has expanded into more than 360 cities across China, including including 5,100 high-quality charging pile operators, and established a collaboration with more than 500 charging pile businesses, together with 240,000 charging terminals.

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