ABM Expands Charger Portfolio with Samsung C&T Charging Solutions Partnership
ABM (NYSE: ABM) has announced a distributorship agreement with Samsung C&T Charging Solutions, becoming an authorized distributor and servicer of EVSIS-branded DC Fast Chargers. This partnership expands ABM's charger portfolio and marks EVSIS's entry into the U.S. market. The EVSIS chargers feature advanced technology that integrates with ABM's EV OS platform, offering scalable expansion, intelligent monitoring, and remote management capabilities.
Mark Hawkinson, President of ABM's Technical Solutions segment, highlighted the partnership as reflecting ABM's growing relationship with Samsung across multiple segments. Jesse Kim, Director at Samsung C&T Charging Solutions, emphasized ABM's position as a leading EV infrastructure provider in the U.S., making them an ideal partner for introducing EVSIS's DC fast chargers to the American market.
ABM (NYSE: ABM) ha annunciato un accordo di distribuzione con Samsung C&T Charging Solutions, diventando un distributore e un fornitore autorizzato di charger rapidi DC a marchio EVSIS. Questa partnership amplia il portfolio di caricatori di ABM e segna l'ingresso di EVSIS nel mercato statunitense. I caricatori EVSIS presentano tecnologie avanzate che si integrano con la piattaforma EV OS di ABM, offrendo espansione scalabile, monitoraggio intelligente e capacità di gestione remota.
Mark Hawkinson, Presidente del segmento Soluzioni Tecniche di ABM, ha evidenziato che la partnership riflette la crescente relazione di ABM con Samsung in più settori. Jesse Kim, Direttore di Samsung C&T Charging Solutions, ha sottolineato la posizione di ABM come fornitore leader di infrastrutture per veicoli elettrici negli Stati Uniti, rendendoli un partner ideale per introdurre i caricatori rapidi DC di EVSIS nel mercato americano.
ABM (NYSE: ABM) ha anunciado un acuerdo de distribución con Samsung C&T Charging Solutions, convirtiéndose en un distribuidor y proveedor autorizado de cargadores rápidos DC de la marca EVSIS. Esta asociación amplía el portafolio de cargadores de ABM y marca la entrada de EVSIS en el mercado estadounidense. Los cargadores EVSIS cuentan con tecnología avanzada que se integra con la plataforma EV OS de ABM, ofreciendo expansión escalable, monitoreo inteligente y capacidades de gestión remota.
Mark Hawkinson, Presidente del segmento de Soluciones Técnicas de ABM, destacó que la asociación refleja la creciente relación de ABM con Samsung en múltiples sectores. Jesse Kim, Director de Samsung C&T Charging Solutions, enfatizó la posición de ABM como proveedor líder de infraestructura de vehículos eléctricos en EE. UU., convirtiéndolos en un socio ideal para introducir los cargadores rápidos DC de EVSIS en el mercado americano.
ABM (NYSE: ABM)는 Samsung C&T Charging Solutions와의 유통 계약을 발표하며 EVSIS 브랜드 DC 고속 충전기의 공인 유통업체 및 서비스 제공업체가 되었습니다. 이 파트너십은 ABM의 충전기 포트폴리오를 확장하고 EVSIS의 미국 시장 진출을 의미합니다. EVSIS 충전기는 ABM의 EV OS 플랫폼과 통합되는 첨단 기술을 특징으로 하며, 확장성 있는 설계, 지능형 모니터링, 원격 관리 기능을 제공합니다.
ABM 기술 솔루션 부문 사장인 Mark Hawkinson은 이 파트너십이 여러 분야에서 삼성과의 관계 증가를 반영한다고 강조했습니다. Samsung C&T Charging Solutions의 이사인 Jesse Kim은 ABM이 미국에서 전기차 인프라 제공업체로서의 입지를 강조하며, EVSIS의 DC 고속 충전기를 미국 시장에 도입하기에 이상적인 파트너라고 말했습니다.
ABM (NYSE: ABM) a annoncé un accord de distribution avec Samsung C&T Charging Solutions, devenant un distributeur et un prestataire de services autorisé des chargeurs rapides DC de marque EVSIS. Ce partenariat élargit le portefeuille de chargeurs d'ABM et marque l'entrée d'EVSIS sur le marché américain. Les chargeurs EVSIS intègrent des technologies avancées qui se connectent à la plateforme EV OS d'ABM, offrant des possibilités d'expansion évolutive, de surveillance intelligente et de gestion à distance.
Mark Hawkinson, Président du segment des Solutions Techniques d'ABM, a souligné que ce partenariat reflète la relation croissante d'ABM avec Samsung dans plusieurs domaines. Jesse Kim, Directeur de Samsung C&T Charging Solutions, a souligné la position d'ABM en tant que fournisseur de premier plan d'infrastructures pour véhicules électriques aux États-Unis, faisant d'eux un partenaire idéal pour introduire les chargeurs rapides DC d'EVSIS sur le marché américain.
ABM (NYSE: ABM) hat eine Vertriebsvereinbarung mit Samsung C&T Charging Solutions bekannt gegeben und wird ein autorisierter Anbieter und Servicedienstleister für EVSIS-markierte DC-Schnellladegeräte. Diese Partnerschaft erweitert das Ladegeräte-Portfolio von ABM und markiert den Eintritt von EVSIS in den US-Markt. Die EVSIS-Ladegeräte verfügen über moderne Technologien, die mit der EV OS-Plattform von ABM integriert werden, was skalierbare Erweiterungen, intelligente Überwachung und Fernverwaltungsfunktionen bietet.
Mark Hawkinson, Präsident der technischen Lösungen von ABM, hob hervor, dass die Partnerschaft die wachsende Beziehung von ABM zu Samsung in mehreren Bereichen widerspiegelt. Jesse Kim, Direktor von Samsung C&T Charging Solutions, betonte die Position von ABM als führenden Anbieter von EV-Infrastruktur in den USA, wodurch sie der ideale Partner sind, um EVSIS' DC-Schnellladegeräte in den amerikanischen Markt einzuführen.
- Expanded product offering with EVSIS-branded DC Fast Chargers
- Partnership with Samsung C&T Charging Solutions enhances ABM's market position
- Integration of EVSIS chargers with ABM's EV OS platform for improved functionality
- Strengthened relationship with Samsung across multiple business segments
- None.
Insights
ABM's partnership with Samsung C&T Charging Solutions marks a significant expansion in the EV charging market. This collaboration allows ABM to distribute and service EVSIS-branded DC Fast Chargers, enhancing their product portfolio and service capabilities. The integration of EVSIS chargers with ABM's EV OS platform offers advanced features like scalable expansion and intelligent monitoring, positioning ABM as a more comprehensive solution provider in the rapidly growing EV infrastructure sector.
This move could potentially increase ABM's market share and revenue streams in the EV charging space. The partnership with a well-known brand like Samsung adds credibility and may attract more customers. However, the impact on ABM's financials remains to be seen, as it will depend on the adoption rate of these new chargers and the terms of the distribution agreement.
Investors should monitor how this partnership affects ABM's Technical Solutions segment performance in upcoming quarters. While promising, the EV charging market is competitive and success will depend on factors such as pricing, reliability and market demand for DC Fast Chargers.
The EV charging infrastructure market is experiencing rapid growth, with the global market size expected to reach
Key factors to consider:
- Market Positioning: This deal strengthens ABM's position in the EV charging space, potentially leading to increased market share.
- Diversification: Expanding the charger portfolio reduces reliance on a single supplier and may mitigate supply chain risks.
- Competitive Advantage: Access to Samsung's technology and brand recognition could give ABM an edge over competitors.
- Revenue Potential: The partnership may open up new revenue streams, particularly in the fast-growing DC Fast Charger segment.
While the partnership shows promise, investors should be aware that the EV charging market is becoming increasingly competitive. ABM's success will depend on effective marketing, competitive pricing and the performance of the EVSIS chargers in real-world applications.
NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced a distributorship agreement with Samsung C&T Charging Solutions, making ABM an authorized distributor and servicer of EVSIS-branded DC Fast Chargers. Samsung C&T Charging Solutions is an equity partner of the Korean DC Fast Chargers manufacturer EVSIS, which is entering the United States market.
The EVSIS chargers are versatile and high-quality, with best-in-class technology that integrates seamlessly with the cloud-based ABM EV OS platform – enabling for scalable expansion, intelligent monitoring, remote operation management, comprehensive reporting, and automatic infrastructure diagnostics. Through this partnership, all EVSIS chargers will be offered and serviced alongside ABM’s current charger portfolio.
“As EV charging technology continues to evolve at a rapid pace, we’re thrilled to be partnering with Samsung C&T Charging Solutions, an innovation leader and major player throughout the eMobility infrastructure industry,” said Mark Hawkinson, President of ABM’s Technical Solutions segment. “Moreover, this important partnership reflects our growing relationship with Samsung, which spans our Technical Solutions and Manufacturing & Distribution segments.”
“ABM is one of the leading EV and energy infrastructure providers in the United States, making them a natural partner for the next evolution for Samsung C&T Charging Solutions,” said Jesse Kim, Director at Samsung C&T Charging Solutions. “We’re looking forward to introducing EVSIS’s line of DC fast chargers into the United States market with ABM as our distribution and service partner.”
For more information on ABM, its commercial EV infrastructure offerings, and electrification initiatives, please visit www.abm.com/evfleets.
ABOUT ABM
ABM (NYSE: ABM) is one of the world’s largest providers of facility services and solutions. A driving force for a cleaner, healthier and more sustainable world, ABM provides essential services and forward-looking performance solutions that improve the spaces and places that matter most. From curbside to rooftop, ABM’s comprehensive services include janitorial, engineering, parking, electrical and lighting, energy and electric vehicle charging infrastructure, HVAC and mechanical, landscape and turf, and mission critical solutions. ABM serves a wide range of industries—from commercial office buildings to universities, airports, hospitals, data centers, manufacturing plants and distribution centers, entertainment venues and more. Founded in 1909, ABM serves over 20,000 clients, with annualized revenue exceeding
ABOUT SAMSUNG C&T CHARGING SOLUTIONS
Samsung C&T Charging Solutions is a subsidiary of Samsung C&T America, focused solely on the marketing and selling of EV charging stations in North America. Overall, the Samsung C&T Trading & Investment Group has been dedicated to strengthening its eco-friendly business portfolio, focusing on renewable energy, hydrogen, and solar power development. Samsung C&T aims to provide a full service solution for customers looking to deploy EV charging infrastructure and looks forward to developing the market further together with its trusted partners.
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Michael Valentino
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FAQ
What is the new partnership announced by ABM (NYSE: ABM) on September 24, 2024?
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