Bitcoin reached an all-time high Wednesday, crossing the $66,000 threshold and blowing past the previous high of $64,889 in April.
Bitcoin is the most well-known and most-valuable cryptocurrency. Like the entire crypto market, it has had its ups and downs over the last few months. Threats of regulation, a ban in China and concerns over the environmental impact of mining have all taken a toll on the price.
As CoinDesk points out, the latest rally is likely being driven by “the launch of the ProShares Bitcoin Strategy ETF, the first exchange-traded fund approved by the U.S. Securities and Exchange Commission to invest in bitcoin futures.”
Now that Bitcoin has pushed past its previous high, it may have enough momentum to continue climbing.
Foxconn is working to become a powerhouse in the electric vehicle (EV) market, planning on production in Europe, Latin America and India.
Foxconn is mainly known as an electronics manufacturer, and is the primary company Apple uses to assemble its products. The company has been looking to diversify, however, and the EV market is one of the primary industries it is expanding into.
According to Reuters, Foxconn Chairman Liu Young-way said the company is planning on making EVs in Europe, Latin America and India, and will “indirectly” work with German automakers. He also indicated production in Mexico was an eventual possibility.
Liu did not elaborate on specifics, due to non-disclosure issues.
“Europe will be a bit faster, I agree with that. But as to where, I can’t tell you,” he said.
T-Mobile has been making headlines for its industry-leading 5G network, but how does its 5G Home Internet offering stack up?
We take a look at T-Mobile’s 5G Home Internet solution to see how it stacks up against traditional broadband, and whether it provides a viable solution for customers.
Why 5G Home Internet Matters
Reliable, high-speed internet access is front-and-center on the minds of consumers and regulators alike. The COVID-19 pandemic has suddenly turned millions of homes into offices, complete with videoconferencing, file-sharing, meetings and more.
Unfortunately, the United States has long suffered a “digital divide,” a major disparity between the internet access available in urban areas, versus what is available in sparsely populated rural regions.
A couple of years ago, just before the pandemic, my wife and I bought a house in the country, away from the conveniences of urban life. While not being able to get a pizza delivered is unfortunate, the complete lack of any high-speed internet or TV service (barring satellite) was a major issue.
We initially tried several services that buy up unused cellular data and resell them as home internet solutions. We used both Blazing Hog and UnlimitedToGo, but both services were expensive and it was virtually impossible to watch streaming TV, since the data packages both services provided seemed to throttle video.
When T-Mobile began offering their 5G Home Internet solution, we jumped at the opportunity.
T-Mobile 5G Home Internet: The Lowdown
T-Mobile is widely viewed as the 5G market leader in the US. The company has a wealth of spectrum at its disposal, thanks to wise purchases at FCC spectrum auctions and its acquisition of Sprint.
Thanks to the spectrum at its disposal, the company is offering its Home Internet service as a way of tackling the digital divide that impacts so many. In typical T-Mobile fashion, the company is also offering the service with a degree of panache, offering it at a rock-bottom, no-fees price that is a slap in the face to the rest of the internet service provider industry, an industry that made $9 billion from fees in a single year.
T-Mobile’s 5G Home Internet is available for $50 per month, no equipment fees, all other taxes and fees included. $50 is all the customer pays. Best of all, the company promises there are no data caps.
It is possible for data to be de-prioritized, if a tower is struggling with heavy demand. After months of use, however, I personally have yet to see this happen.
Real-World Results
So exactly how fast is T-Mobile’s 5G Home Internet?
It’s important to have reasonable expectations. While the fastest flavor of 5G is capable of delivering speeds measures in gigabits, there’s almost no chance of getting those speeds with the company’s 5G Home Internet. The spectrum capable of delivering those speeds has extremely limited range — just a couple of hundred meters per base station — meaning it wouldn’t work for the vast majority of T-Mobile’s customers.
Instead, the company is largely using its low and mid-band 5G spectrum to power 5G Home Internet. That means customers will see speeds ranging from roughly equivalent to 4G LTE on up to 300 Mbps.
My house is located roughly 1.5 miles from the closest T-Mobile tower, separated by acres and acres of forest. In spite of that, my speeds are consistently over 100 Mbps. Here’s a breakdown of my last five Speedtest.net results:
138 Mbps download, 51.3 Mbps upload, 28 ms ping
124 Mbps download, 55.7 Mbps upload, 25 ms ping
133 Mbps download, 54.9 Mbps upload, 28 ms ping
140 Mbps download, 41.7 Mbps upload, 27 ms ping
126 Mbps download, 52.6 Mbps upload, 28 ms ping
In contrast, the median speeds for traditional broadband in the US is 115.22 Mbps down, 17.18 Mbps up and 14 ms latency. While T-Mobile 5G Internet may have slightly higher ping, it’s still low enough for everything from streaming TV to videoconferencing to video gaming. In terms of speed, it easily beats traditional broadband, at least in my case.
The Router
The T-mobile 4G Home Internet router (which I used before the 5G version was available at my address) was nothing to write home about. Each WiFi band — 5 GHz and 2.4 GHz — only supported 10 clients each. Going past, or even hitting, the limit would cause the service to crash.
The router’s WiFi range was also very limited, making it hard to reach the entire house, depending on where it was placed. The admin features also left a lot to be desired, and the router didn’t have the processing power or memory to support multiple devices very well, leading to slowdowns. I ultimately ended up turning off WiFi and plugging a wireless access point directly into the 4G router.
Fortunately, the 5G router fixes all of the shortcomings of its predecessor. By default, each WiFi band supports 128 clients, although it can be set higher. The WiFi range is strong enough to be accessible over 200 feet away from the house, through trees no less. The new router also includes enough processing power to handle two computers, three iPhones, an Apple TV, an Air TV and an iRobot vacuum, all without slowing down. The 5G router is so powerful, I no longer use a dedicated access point with it, relying directly on the router instead.
Setup was also a cinch. The router has a QR code on the bottom. Simply download the T-Mobile Home Internet app and point your smartphone’s camera at the QR code to start the setup process.
That being said, the first router I received died unexpectedly. While irritating, T-Mobile quickly sent a replacement free of charge. Unfortunately, a look at T-Mobile’s forums show that the problem is not an isolated one, with numerous customers needing their devices replaced.
The Fine Print
There are some issues with the router and service, although they are workable.
The biggest, and really only, major problem is interference. Because mid-band 5G doesn’t have the same ability to penetrate buildings as well as low-band 5G, or 4G LTE, the 5G router is more sensitive to where it’s placed and the construction of the building it’s placed in.
For example, placing the router in my garage — metal roof and vinyl siding — yielded similar speeds to those listed above. Unfortunately, my garage is not insulated, which means the router can’t stay there in the summer.
Moving the router to the kitchen window, nearest the tower, yields the above results, with one big caveat: the kitchen window must remain open. If it’s closed, speeds drop to 20 or 30 Mbps, indicating the router is likely pulling a 4G signal instead of the faster 5G. Because the house is brick, putting it next to a wall doesn’t work any better, unlike being in the vinyl-sided garage.
Obviously, leaving the window open all the time isn’t an option, anymore than being in an uninsulated garage. As a result, I will need to install an electronics enclosure designed to allow electronics to be mounted on the outside of a building, while still maintaining an acceptable internal temperature.
In areas where a customer may be closer to a 5G tower, with fewer obstructions and a stronger signal, there may not be the same issues with achieving perfect router placement. On the plus side, at least the router will fall back to 4G internet if 5G is unavailable.
Alternatives
The main alternative to T-Mobile’s solution, especially for rural clients, is Starlink satellite internet service. Unfortunately, the service is twice the cost of T-Mobile’s offering, coming in at $99 per month — after paying a $500 deposit.
In addition, Starlink requires clear line of sight to the satellites. Because the satellites are in low Earth orbit, it doesn’t take much for something to block the signal.
The company provides an app so you can test how the service will work at your location before paying for the service. In my case, the Starlink app predicts that my service would drop every one minute, due to the trees on my property.
In comparison, although trees may interfere with the signal to a degree, T-Mobile’s service is a much better option than Starlink for many customers.
Conclusion
All-in-all, T-Mobile 5G Home Internet is a game-changer for customers like me, ones who have limited options for high-speed internet. At only $50 per month, the service is a bargain compared to the third-party solutions I was previously using, and is competitive with traditional broadband — if that was even an option at my location.
T-Mobile 5G Home Internet easily supports multiple devices being on Zoom simultaneously, streaming Sling TV at the highest quality setting, video gaming and more, all without slowing down.
Obviously, each customer’s mileage will vary, depending on how close they are to a 5G tower and the construction of their home/building. Nonetheless, T-Mobile is providing a game-changing solution that rivals traditional broadband at a competitive price.
Pros
High-speed comparable with broadband
Low price with taxes and fees included
Powerful router
Excellent WiFi range
Router will fall back to 4G LTE if 5G is unavailable
Cons
5G reception can be weak
Questions about the long-term reliability of the router
Ericsson reported its third-quarter results, beating expectations despite taking a hit in China.
Ericsson is one of the leading providers of telecom equipment. The company is currently working to help carriers transition to 5G. Ericsson has been warning, however, that loss of market share in China would negatively impact the company. The company has lost market share as a result of China retaliating against foreign companies whose countries banned Huawei.
Despite the challenges, Ericsson has managed to beat revenue expectations, reporting earnings of 8.8 billion Swedish crowns, or $1.02 billion.
The company blamed China, as well as some supply chain issues, for its negative growth in organic sales.
“While we continued to gain share in a growing market, the expected sales reduction in Mainland China, lower variable sales in Managed Services and some supply chain disturbances, led to a negative organic sales development of -1%.”
All-in-all, however, the results were welcome news for the company.
A new report by Accedian says that 76% of manufacturers will be using private 5G networks by 2024.
The lion’s share of the media coverage surrounding 5G often focuses on the latest phones and consumer 5G options and wireless providers. Many companies, however, see private 5G networks as a revolutionary option, providing the speed and security they need.
According to Accedian, private 5G is becoming so popular that 76% of manufacturers are expected to adopt the technology by 2024.
Industrial companies are willing to implement private 5G networks to enable more flexible and automated operations and digital business processes. Reliability of application and network performance and security of 5G are critical criteria influencing the type of private network deployment.
Accedian’s full report is well-worth a read and illustrates how the next-gen wireless technology is changing industries.
Coinbase is calling on the US government to establish a new regulator for the crypto and digital assets market.
Coinbase is one of the leading cryptocurrency trading platforms, but it recently ran afoul of the Securities and Exchange Commission (SEC). Coinbase was planning a new service called Lend that would allow individuals to loan cryptocurrency to other users, and charge interest for the transactions.
The SEC warned Coinbase it would sue the company if it proceeded with its plans, sparking a verbal war between the two entities. Coinbase ultimately ended up abandoning Lend under the pressure. In the meantime, SEC Chairman Gary Gensler has said he doesn’t believe crypto is viable long-term.
In that environment, it’s not surprising Coinbase is lobbying for a new federal regulator to oversee the crypto market — one that is not Gary Gensler’s SEC. As part of it’s new regulatory framework, Digital Asset Policy Proposal: Safeguarding America’s Financial Leadership (dApp), Coinbase makes its case:
To avoid fragmented and inconsistent regulatory oversight of these unique and concurrent innovations, responsibility over digital asset markets should be assigned to a single federal regulator.
Like many countries, the US is grappling with the impact of cryptocurrency and is trying to determine how best to regulate it. Gensler has been making the case that the SEC should have sole authority to do so, a position that has many critics, in addition to Coinbase. It will be interesting to see what direction the US government goes.
Elon Musk says SpaceX is in talks to provide in-flight Starlink internet, and it will be even faster than customers are accustomed to.
Starlink is SpaceX’s constellation of satellites that provide internet access to users in underserved areas. The service has been steadily improving as the company launches more satellites. As a result, Starlink is already challenging broadband in the US, and has surpassed broadband speeds in several countries.
While Starlink already provides median download speeds of 97.23 Mbps in the US, Musk believes passengers in-flight will see substantially faster speeds.
Yes, we are talking to airlines about installing Starlink. Please let them know if you want it on your airliner.
Low latency ~half gigabit connectivity in the air!
Blue Origin’s record-breaking flight was a resounding success as the crew, including William Shatner, have returned to Earth.
William Shatner, at 90 years-old, is now officially the oldest person to go to space. Shatner is well-known for portraying Star Trek’s Captain Kirk, one of the most iconic sci-fi characters in history.
Going to space was a dream come true for the actor, and he was visibly moved by the experience.
“Everybody in the world needs to do this. Everybody in the world needs to see it,” Shatner continued.
“It was unbelievable. The little things – the weightless – but to see the blue color (of the sky) whip by you and now you’re staring into blackness. … And then it’s gone. It was so moving. This experience did something unbelievable.”
Following China’s crackdown on bitcoin mining, the US now leads the world in bitcoin mining.
China was once the leading bitcoin mining country, accounting for roughly 75% of all mining. Recently, however, the Chinese government has cracked down on cryptocurrencies, making all transactions and mining illegal.
According to BBC, the US has now taken China’s spot as the leading bitcoin mining country, at 35.4%. Kazakhstan and Russia round out the top three with 18.1% and 11% respectively.
Bitcoin may be one of the hottest things in the tech and finance industries, but JPMorgan CEO Jamie Dimon is not a fan, calling it “worthless.”
Dimon is a well-known critic of cryptocurrency, previously telling people he thinks they should “stay away from it.” He’s now gone even further, saying he thinks Bitcoin is “worthless,” according to Reuters.
“I personally think that bitcoin is worthless,” Dimon said. “I don’t think you should smoke cigarettes either.
“Our clients are adults. They disagree. If they want to have access to buy or sell bitcoin – we can’t custody it – but we can give them legitimate, as clean as possible access.”
Dimon also believes significant government regulation is on the way, for a number of reasons.
“No matter what anyone thinks about it, government is going to regulate it. They are going to regulate it for (anti-money laundering) purposes, for (Bank Secrecy Act) purposes, for tax,” Dimon said.
Verizon has expanded its 5G Home Internet solution, providing the service in 60 cities across the US.
5G Home Internet is a popular option for areas that do not have traditional internet options, such as rural and remote locations. Yours truly relies on T-Mobile 5G Home Internet at a location that would otherwise be restricted to dial-up.
Verizon is now offering its 5G Home Internet solution in 60 cities, touting the speed its network provides.
“Our mmWave build is a critical differentiator, and we remain focused on our rapid expansion of 5G Ultra Wideband using mmWave spectrum even as our teams prepare to offer 5G Ultra Wideband service to millions of customers using our C-band spectrum license,” said Kyle Malady, Chief Technology Officer for Verizon. “We will continue to expand our mmWave footprint to deliver game changing experiences for the densest parts of our network.”
Verizon says Home Internet speeds can reach up to 1 Gbps, with typical speeds around 300 Mbps. Customers with qualifying plans pay $50 a month for Home Internet, while those without a plan pay $70 a month. Verizon will also cover up to $500 in early termination fees for customers leaving another internet provider.
TSMC and Sony may team up on a new semiconductor factory in Japan, in an effort to hep ease the semiconductor shortage.
The semiconductor shortage has impacted multiple industries, from computers to automobiles. Companies are working to address the shortage, opening new factories and foundries in an effort to boost production.
According to Nikkei, TSMC and Sony are looking at the possibility of opening a new factory in Japan. The project could be worth an estimated $7 billion. The proposed factory would manufacture camera image sensors, automotive chips and other products.
The proposed project would seem to have the support of the Japanese government, with the project supported by government subsidies. Nikkei’s sources said the new factory could go into production as early as 2024.
The Federal Communications Commission (FCC) is auctioning off a new round of mid-band spectrum for 5G.
Mid-band spectrum is the most coveted type of spectrum for 5G. Low-band — below 1 GHz — offers coverage on par with 4G LTE, but provides only marginally better speeds. High-band mmWave — over 6 GHz — offers speeds measured in gigabits, but has extremely limited range. Repeaters and base stations must be placed every couple of hundred meters to maintain coverage.
Mid-band, in contrast, offers speeds in excess of 1 Gbps, and provides far better coverage than mmWave. T-Mobile gained a wealth of mid-band spectrum when it purchased Sprint. Verizon and AT&T spent over $68 million at the last mid-band spectrum auction, while T-Mobile only spent $9 billion to round out its existing spectrum.
The FCC is now auctioning off a new round, specifically 100 MHz of the 3.45 GHz band. Starting Tuesday, October 5, the auction has a reserve price of $14,775,354,330 that must be met. There’s almost no chance the reserve price won’t be met, as Fierce Wireless says the final price is estimated to be $31 billion, with a reasonable chance of reaching $40 billion. Verizon and AT&T are both seen as the most likely big spenders, as both companies still have a ways to go before they catch up to T-Mobile’s spectrum holdings.
“We are moving with record speed and collaboration to free up more mid-band spectrum for 5G,” said FCC Acting Chairwoman Jessica Rosenworcel. “These airwaves are a critical part of unlocking the 5G promise everywhere in the country. I want to thank the FCC staff who have worked so hard to start this auction this year. And I want to thank our partners at NTIA and the Department of Defense for working with us to free up this spectrum for 5G.”
AMC Theatres has announced it will start accepting Dogecoin, alongside Bitcoin, by the end of the year.
AMC announced in August that it would begin accepting Bitcoin by the end of the year. A month later, the company announced it would expand its support to other cryptocurrencies.
According to TheStreet, AMC will accept Dogecoin via BitPay. Customers will be able to purchase up to $200 worth of gift cards per day, gift cards that can be used online or in-person.
The Department of Justice has announced the formation of a team dedicated to cryptocurrency enforcement.
Cryptocurrencies are taking the world by storm, offering a decentralized, mostly anonymous form of finance. With few exceptions, governments around the world are struggling to strike a balance between supporting a technical innovation and figuring out how to regulate it.
The DOJ is preparing to take a more active role, forming a team that will “tackle complex investigations and prosecutions of criminal misuses of cryptocurrency, particularly crimes committed by virtual currency exchanges, mixing and tumbling services, and money laundering infrastructure actors.”
Dubbed the National Cryptocurrency Enforcement Team (NCET), the team will bring in expertise from the DOJ Criminal Division’s Money Laundering and Asset Recovery Section (MLARS), as well as Computer Crime and Intellectual Property Section (CCIPS) and other divisions.
“Today we are launching the National Cryptocurrency Enforcement Team to draw on the Department’s cyber and money laundering expertise to strengthen our capacity to dismantle the financial entities that enable criminal actors to flourish — and quite frankly to profit — from abusing cryptocurrency platforms” said Deputy Attorney General Monaco. “As the technology advances, so too must the Department evolve with it so that we’re poised to root out abuse on these platforms and ensure user confidence in these systems.”
“The Criminal Division is already an established leader in investigating and prosecuting the criminal misuse of cryptocurrency,” said Assistant Attorney General Polite. “The creation of this team will build on this leadership by combining and coordinating expertise across the Division in this continuously evolving field to investigate and prosecute the fraudulent misuse, illegal laundering, and other criminal activities involving cryptocurrencies.”
T-Mobile is making its 5G Home Internet even better, lowering the price from $60 a month to $50.
T-Mobile Home Internet is the company’s competitor to broadband and satellite internet. Users receive a modem/router gateway that relies on T-Mobile’s 5G and/or 4G towers to provide service. Most customers get anywhere from 35 to 115 Mbps download speed (this writer consistently gets 90 to 120 Mbps down, and 20 to 40 Mbps up).
T-Mobile has made a name for itself providing simple plans with taxes and fees included. The company is applying that same methodology to its Home Internet, setting itself apart from an industry that made a whopping $9 billion in fees alone in a single year.
“It’s almost hard to fathom that Americans paid ISPs over $9 billion in monthly fees in just one year,” said Dow Draper, Executive Vice President of Emerging Products at T-Mobile. “All that money is above and beyond what people already pay in service costs for something that’s never been more critical. It’s wrong, it’s unnecessary and we’re tackling it head on. Not only do we not charge ANY add-on fees, but we’re also making a change to our price, giving customers $10 off to make up for other ISPs’ long-held backwards practices. We’re bringing an affordable, reliable option to an industry in desperate need of change.”
With no data caps and broadband speeds, T-Mobile Home Internet was already proving to be a game-changer for users living in areas without traditional internet coverage. Add in no contracts and only $50 a month and the company’s service may be ready to take on traditional broadband on its home turf.
Brazil is poised to follow in El Salvador’s footsteps and adopt bitcoin as a legal currency.
El Salvador became the first country to adopt bitcoin as legal tender in June. According to Coin Rivet, Brazil is preparing to vote on a crypto regulation bill that could pave the way for widespread use.
“We want to separate the wheat from the chaff, create regulations so that you can trade, know where you’re buying and know who you’re dealing with,” Federal Deputy Aureo Ribeiro said.
“With this asset you will be able to buy a house, a car, go to McDonald’s to buy a hamburger – it will be a currency in the country as it happened in other countries.”
While the bill still must pass a vote, there appears to be widespread support and minimal remaining barriers to the bill’s passage.
In one of the biggest endorsements of cryptocurrency, Bank of America has initiated coverage of Bitcoin, driving its price past $50,000.
Cryptocurrencies have been gaining traction and widespread acceptance, even as traditional finance and governments struggle to adapt. Bank of America is now acknowledging “digital assets are too large to ignore.”
Bank of America says digital assets represent a $2 trillion+ market, compromised of more than 200 million users, and is poised to transform entire industries.
“Bitcoin is important,” said Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy, “but the digital asset ecosystem is so much more. Our research aims to explore the implications across industries including finance, technology, supply chains, social media and gaming.”
“Digital assets are transforming the way in which markets, businesses and central banks operate,” said Candace Browning, head of BofA Global Research. “Bank of America offers a market-leading global payments platform and blockchain expertise, and the addition of digital asset research further strengthens the depth and breadth of our offerings for investors.”
New Zealand is exploring the possibility of launching its own digital currency, the latest indication of how much such currencies are transforming the market.
The rise of cryptocurrencies has sparked a major shift in the finance market. Many governments are still struggling to come to terms with — and adapt to — a currency that is designed to be decentralized and anonymous.
El Salvador has chosen to adopt Bitcoin as legal tender, while other countries are exploring stablecoins, digital currencies that are linked to a country’s legal tender.
According to Bloomberg, New Zealand is investigating the possibility of releasing its own digital currency, in an effort to keep current with modern trends.
“Trends in cash use and innovation in money present an opportunity for the Reserve Bank to consider broadening central bank money to include a widely available digital form,” the RBNZ said Thursday. “The declining use, acceptance and availability of cash in New Zealand, and emerging innovations in private money, namely stablecoins, make this an opportune time to consider a central bank digital currency (CBDC).”
The RBNZ highlighted some of the challenges involved in creating a successful digital currency.
“As with other forms of digital money, a CBDC must be operationally resilient to outages and cyber security risks, maintain data privacy, and it would need to comply with all relevant regulation. Similarly, while a CBDC has the potential to act as a catalyst for innovation and competition in the wider money and payment ecosystem, we will have to consider the potential for it to crowd out innovation.”
The UK is betting on lasers for drone defense, investing $100 million in the technology.
Drones are revolutionizing many industries, being used for deliveries, real estate, security, communication, search and rescue and more. Drones are playing an increasingly important role in military operations as well, leading many countries to work on developing countermeasures.
According to Popular Science, the UK is investing in directed energy weapons, or lasers, in an effort to counter drones. The $100 million investment will purchase three systems, one that detects and tracks incoming targets, while the other two stop them with lasers.
“These technologies have the potential to revolutionise the future battlefield for our Armed Forces, enabling the prosecution of new targets in the land, sea and air domains and allowing commanders to meet mission objectives in new ways,” said Shima Fhima, director of strategic programmes for the Ministry of Defence, according to Popular Science.
It’s hoped that directed energy weapons will be particularly effective at countering swarms of drones, one of the preferred types of systems in use by various militaries . Directed energy weapons would provide a far more cost effective solution for combating swarms than traditional weapons.
Zurich-based ABB has solved the biggest issue with electric vehicles, unveiling a system that can charge any EV to full capacity in 15 minutes.
Range anxiety is one of the biggest challenges to widespread EV adoption. Many traditional charging systems can take hours to fully charge a vehicle. While that poses little to no problem for a vehicle that is driven around town and plugged in at home every night, it can be a major inconvenience when traveling longer distances, such as a cross-country road trip. No one wants to stop for hours every time the batteries needs to be charged. In fact, a recent report shows that 20% of California drivers revert to a gas-powered vehicle due to issues with EV charging.
ABB appears to have solved the problem with their Terra 360 charging system. The Terra 360 can charge up to four vehicles simultaneously, and can charge any EV to full capacity in 15 minutes. That 15 minute charge time is much closer to a refueling session for a traditional, gas-powered vehicle.
“With governments around the world writing public policy that favors electric vehicles and charging networks to combat climate change, the demand for EV charging infrastructure, especially charging stations that are fast, convenient and easy to operate is higher than ever,” said Frank Muehlon, President of ABB’s E-mobility Division. “The Terra 360, with charging options that fit a variety of needs, is the key to fulfilling that demand and accelerating e-mobility adoption globally.”
The Terra 360 will be available in Europe in the end of 2021, and in the US, Latin America and the Asia Pacific markets starting in 2022.
