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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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What spending reveals about downstream consumer demand for manufactured goods

For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.