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ABB and BYD form global alliance?

Switzerland’s ABB Ltd. announced last week that it had formed a new global alliance with BYD Auto, according to a d1ev.com report. Their goal is to cooperate with BYD in developing power storage systems for use in NEV chargers. 

According to ABB, the pair will focus on power storage systems which are connected to the grid, and may use solar power or micro grid technology.

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