January 12, 2011      

ABB, a provider of power and automation technology, has invested $10 million in San Francisco-based ECOtality Inc., a clean electric transportation and storage technologies company. ECOtality will use the investment to foster its expansion and finance initial requirements of the EV Project, a program to develop electric vehicle infrastructures in 16 major U.S. cities funded by a $115 million grant from the U.S. Department of Energy. The project involves installation of more than 15,000 chargers...

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