ABB acquires French fast‑charging specialist Advantics
Type: Acquisition · Technology: Transport · Country: France · Announced: 2026-07-16
ABB announced the acquisition of Advantics, a French developer of silicon‑carbide power electronics for fast‑charging applications. Advantics' SiC technology is used in high‑power EV charging stations, enabling faster charge times and higher efficiency. The transaction expands ABB's portfolio of electric‑vehicle charging solutions across Europe. By adding Advantics' expertise, ABB aims to strengthen its position in the rapidly growing EV charging market. Financial terms were not disclosed, and the deal was announced on 16 July 2026.