"In about five-years' time the infrastructure side of the business will be a billion dollar business," Hans Streng, head of electrical vehicle charging infrastructure at ABB, told Reuters in an interview. The current global market is worth about $50-$100 million he said. Both companies together can offer fast-charging technologies for electric vehicles, since ABB has direct current (DC) charging capabilities and RWE already provides alternating current (AC) charging infrastructure and IT-solutions for customer data management and billing to their commercial and private e-mobility customers...

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