China's BYD Daimler seals fast charging systems deal with ABB

This is good for 6 years.

According to reports, ABB will be supplying China's BYD Daimler New Technology Company with direct current fash charging systems for electric automobiles. This deal sealed an agreement that will span 6 years.

ABB will start delivering wall-mounted fast charging stations that will be sold via BYD-Daimler's Denza dealer network come mid-year of 2015.

Electric vehicle customers are targeted as clients, particularly by dealers based in Beijing, Shanghai, and Shenzhen.