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ABB E-mobility increases majority stake in Chinese EV charging company

ABB has increased its shareholding in Chargedot Shanghai New Energy Technology (Chargedot), a Chinese electric vehicle (EV) charging provider, to 80 %.  ABB, which had purchased...
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.