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ABB to ramp up R&D investment in nation
2 months ago

ABB to ramp up R&D investment in nation

China Daily  

ABB to ramp up R&D investment in nation By ZHU WENQIAN and ZHONG NAN China Daily Updated: Oct 24, 2024 Employees configure a robot that can write Chinese characters at the exhibition stand of ABB during the 4th China International Import Expo in Shanghai. Swiss technology company ABB Ltd said it will continue to increase investment and strengthen research and …

Global China Chinese Beijing Smart Center Smart Buildings
ABB India Q2 Results: Net Profit Jumps 50% to Rs 443 Crore, Rs 10.66 A Share Dividend Declared
4 months, 2 weeks ago

ABB India Q2 Results: Net Profit Jumps 50% to Rs 443 Crore, Rs 10.66 A Share Dividend Declared

News 18  

ABB India Ltd on Thursday posted a 50 per cent rise in its consolidated profit after tax to Rs 443 crore for the June 2024 quarter. ABB India’s PAT had stood at Rs 296 crore in the second quarter of the previous financial year 2023-24. At the end of this quarter, ABB India had an order backlog of Rs 9,517 …

India Company Crore Quarter Pat Abb Results Net
A green flag for clean power: NASCAR unveils its first electric racecar
5 months, 2 weeks ago

A green flag for clean power: NASCAR unveils its first electric racecar

Associated Press  

CHICAGO — Part of the experience of a NASCAR race is hearing the engine roar, the rumble of each car’s approach and the zip when it whizzes past at more than 150 mph. NASCAR unveiled its first electric racecar Saturday in downtown Chicago, but it doesn’t thunder when the grand marshal says “drivers, start your engines.” It hums. They want …

Fans Cars Racing Electric Vehicles Chicago Vehicle Electric
Teams gets revved up ahead of ABB FIA Shanghai Formula E World Championship
7 months ago

Teams gets revved up ahead of ABB FIA Shanghai Formula E World Championship

China Daily  

Chris Shortt, Jaguar TCS Racing Operations Manager, gave a media tour of its garage on Friday, ahead of the race of the Formula E which will be held in Shanghai over the weekend, hoping to help the public better understand the sport. After four full seasons away, the ABB FIA Formula E World Championship returns to the country where it …

Cars Race Team Shanghai Dow Formula Formula E
Teams gets revved up ahead of ABB FIA Shanghai Formula E World Championship
7 months ago

Teams gets revved up ahead of ABB FIA Shanghai Formula E World Championship

China Daily  

Chris Shortt, Jaguar TCS Racing Operations Manager, gave a media tour of its garage on Friday, ahead of the race of the Formula E which will be held in Shanghai over the weekend, hoping to help the public better understand the sport. After four full seasons away, the ABB FIA Formula E World Championship returns to the country where it …

Cars Race Team Shanghai Dow Formula Formula E
ABB eyes AI-robotics integration to push growth in various businesses
9 months, 3 weeks ago

ABB eyes AI-robotics integration to push growth in various businesses

China Daily  

Visitors observe an ABB robotic arm packaging an item during the sixth China International Import Expo in Shanghai in November. SHENG JIAPENG/CHINA NEWS SERVICE ABB Ltd will integrate artificial intelligence with robotics across various sectors in China to sustain robust growth, senior executives of the Swiss-Swedish technology and engineering group said, as AI continues to evolve at an unprecedented pace, …

China Ai Abb Robotics Integration
和评理｜美国政客以“威胁链”破坏全球供应链
11 months ago

和评理｜美国政客以“威胁链”破坏全球供应链

China Daily  

过去几十年来，随着经济全球化的发展，所有开放型经济体的供应链愈加紧密地交织在一起，各方共同遵守市场规则，用己之所长与其他国家展开合作交流。多数人看来，国际分工变得寻常，诸如一辆由多国零件组装的汽车，已不再稀奇，因为这正是如今全球经济的运行方式。 然而，并不是人人都这么认为。美国政府一再否认寻求中美经济“脱钩”，部分国会议员却不遗余力地把任何与中国相关的东西都贴上“威胁国家安全”的标签，并以此为借口，惯用其长臂管辖。最近一次，美国把“长臂”延伸到了大洋彼岸的瑞士。 上周，美国众议院国土安全委员会和中美战略竞争特别委员会致信瑞士机械工程公司ABB集团，要求该集团提供相关证明，以澄清其与中国的关系。美方“关切”的问题，涉及上海振华重工在向美国出口的岸边集装箱起重机上安装ABB设备一事。 当今国际市场上，再正常不过的事情却引发美国政府“重大关切”。振华重工是世界最大的港口机械制造商，但在美国对华鹰派眼中，它的另一个身份更吸引眼球：国有企业。这一身份，在美方致ABB集团的信中也被提及。 在美国政府内部，批评中国是一种政治正确，也难怪对华鹰派政客能够在起重机上嗅到猎物的味道，并冠之以“网络安全风险，境外间谍情报渗透威胁，凸显供应链脆弱性”。因此，美方想要的，并不只是审查振华重工与ABB的商业联系，还要审查其与美国国防、情报和国家安全机构之间的关系。但指控能否得到证实，并不重要。还没等到答复，美方就已得出结论：“允许上海振华重工在中国国内将ABB设备及技术组装至向美国出口的岸边集装箱起重机上，这一做法不可接受，必须即刻改正。” ABB强调，其产品和服务具有标准化和全球化的特点。显然，这一说法并不足以动摇美国议员，让他们停止破坏中国与其它国家的经济联系。 近日，中国外交部发言人汪文斌向美国政客提出三个疑问：为什么在没有任何证据的情况下，一味指责中国相关企业威胁美国国家安全呢？为什么美国国家安全“威胁”的矛头总是指向中国各行各业的领军企业呢？为什么其他国家明明没有感到中国产品构成威胁，美方还要胁迫他们对相关中国企业进行封杀呢？想必，美国议员也不可能作答。 汪文斌给出了回答。他表示：“只有中国出口的衬衫、袜子，才不对美国构成威胁。美国政客的所作所为，完全是赤裸裸的霸凌、霸道行径。” 本文编译自《中国日报》1月24日社论 原标题：Bully pulpit lawmakers in Washington bullyragging others in bid for decoupling 出品：中国日报社论编辑室 编译：曹静 编辑：李海鹏 【责任编辑：曹静】

Bully pulpit lawmakers in Washington bullyragging others in bid for decoupling: China Daily editorial
11 months ago

Bully pulpit lawmakers in Washington bullyragging others in bid for decoupling: China Daily editorial

China Daily  

After decades of economic globalization, all the open economies in the world have become tightly woven in a web of global supply chains. Despite the White House's repeated denial that it seeks the "decoupling" of the Chinese and US economies, some in the US Congress are working tirelessly to achieve that by trying to make sure that anything associated with …

Security China National Washington Chinese Zpmc
Sustainability, energy security at forefront of China's industrial transformation
1 year, 2 months ago

Sustainability, energy security at forefront of China's industrial transformation

China Daily  

Peter Terwiesch, ABB's executive committee member and president of the group's process automation business area. Automation, electrification and digitalization-related solutions are all part of serving the soaring demands for sustainability and ensuring the security of energy and critical material supplies in China, said a senior executive of ABB Group, the Swiss-Swedish multinational corporation. With China focused on achieving carbon neutrality …

China Ftz Abb
ABB India Results: Profit doubles to ₹296 crore for June quarter
1 year, 4 months ago

ABB India Results: Profit doubles to ₹296 crore for June quarter

Live Mint  

ABB India's net profit more than doubled to ₹296 crore in the June quarter mainly due to higher revenues, the company said on Friday. We continued growth momentum during the quarter, built on strong order backlog execution, delivering highest-ever quarterly operational EBITDA," ABB India Managing Director Sanjeev Sharma said in the statement. Electrification and process automation achieved a double-digit growth …

Company Crore Quarter Strong Order
Astral, Ramco Cements, ABB India, Lupin, among highest midcap gainers of May
1 year, 6 months ago

Astral, Ramco Cements, ABB India, Lupin, among highest midcap gainers of May

Live Mint  

The Indian equity market has seen a stellar rally since the month of April with the benchmark Nifty nearing its all-time high level led by persistent inflow of foreign funds, resilient domestic macros and improving corporate performance. The Foreign Institutional Investors have pumped in ₹27,856.48 crore in the Indian equities in May after remaining net buyers in the month of …

India Market Company Volume Midcap Nifty Month
ABB to open $150m robotics factory in Shanghai
2 years, 3 months ago

ABB to open $150m robotics factory in Shanghai

China Daily  

A smart robot, manufactured by ABB Group, showcases its calligraphy skill during the fifth World Artificial Intelligence Conference in Shanghai on Sept 1, 2022. ABB Group, the Swiss technology company, is in the final stages of commissioning its new $150 million robotics factory in Shanghai, and the facility is expected to be operational within the next few months, said a …

China Robotics Shanghai Abb
ABB chairman 'positive on the outlook of China's economy'
2 years, 7 months ago

ABB chairman 'positive on the outlook of China's economy'

China Daily  

Visitors check out an industrial robot developed by Swiss conglomerate ABB Group at an expo in Shanghai. ST GALLEN, Switzerland -- ABB remains bullish about the outlook of the Chinese economy and expects a boost from China to the firm's electrification, automation and robotics business, said the chairman of the Swiss engineering and automation group. "We had significant order growth …

China Shanghai Abb St Gallen Voser
ABB increases number of STEM scholarships for girl students in 3 cities
2 years, 9 months ago

ABB increases number of STEM scholarships for girl students in 3 cities

The Hindu  

ABB India has strengthened the ongoing merit-cum-need-based undergraduate engineering scholarship programme meant for girls who are pursuing education and careers in STEM. Employees of ABB India would voluntarily offer technical training to select students in the areas of cyber security, data analytics, industry 4.0, leadership talk, design thinking, and digital marketing. Sanjeev Sharma, Country Head and Managing Director, ABB India, …

Abb Stem Scholarships Lila Poonawalla Foundation
ABB India to deploy next-gen digital tech for continuous power supply in Indore
3 years ago

ABB India to deploy next-gen digital tech for continuous power supply in Indore

Live Mint  

ABB India has partnered with Indore Smart City Development Ltd to deploy next-generation digital technology that ensures continuous power supply to homes and businesses. ABB’s Compact Secondary Substations used in the project reduces downtime by providing steady and reliable power supply through digitally enabled SCADA solutions, it stated. ABB’s integrated Feeder Terminal Units are hooked to SCADA Centre, which enables …

India Tech Indore Smart Abb Scada City Supply
Hitachi will help digital transition of Gansu power grid in supplying electricity: official
3 years ago

Hitachi will help digital transition of Gansu power grid in supplying electricity: official

China Daily  

Visitors pass the Hitachi ABB power grid booth at the third China International Import Expo in Shanghai on Nov 6, 2020. Hitachi ABB Power Grids said it would partner with the Electric Power Research Institute of Gansu Electric Power Company, a subsidiary of the State Grid Corporation of China to help conduct intelligent performance management for the 750kV main transformers …

China Digital Help Digital Transition Power Grid Hitachi Gansu
ABB readies electric vehicle charger business for $3 billion IPO next year: Report
3 years, 5 months ago

ABB readies electric vehicle charger business for $3 billion IPO next year: Report

Live Mint  

Swiss technology group ABB plans to list its e-mobility division on the stock market next year in a deal that could value the fast-growing business at about $3 billion, according to three people close to the matter. Demand for ABB's e-mobility devices is high as countries switch from petrol-fired cars to electric vehicles and build charging infrastructure. Analysts at Goldman …

Ipo Vehicles Abb
Ola Selects ABB as Robotics and Automation Solutions Partner at EV Manufacturing Facility
3 years, 10 months ago

Ola Selects ABB as Robotics and Automation Solutions Partner at EV Manufacturing Facility

News 18  

Ride-hailing major Ola on Thursday said it has selected ABB as one of its key partners for robotics and automation solutions for its electric vehicle manufacturing facility in Tamil Nadu. Ola will utilise ABB’s automation solutions in its factory’s key manufacturing process lines, including painting and welding lines, while ABB robots will be deployed extensively for the battery and motor …

India Factory Automation Ola Solutions Robots Abb
Ashok Leyland and Hitachi ABB Power Grids Team up with IIT Madras for e-Bus Pilot Run
4 years ago

Ashok Leyland and Hitachi ABB Power Grids Team up with IIT Madras for e-Bus Pilot Run

News 18  

Hitachi ABB Power Grids in India has announced the signing of a Memorandum of Understanding with Ashok Leyland and the Indian Institute of Technology Madras for an e-mobility pilot. The e-bus, which will incorporate Hitachi ABB Power Grids’ flash-charging technology – Grid-eMotionTM Flash, will be provided by India’s largest bus manufacturer, Ashok Leyland. “We need to have all hands on …

Technology India Indian Bus Madras Iit Iitm Hitachi Abb Power Grids