Deals
Siemens Close to China Electric-Car Charging Contract
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Siemens AG, Europe’s largest engineering company, said it is close to signing a contract to supply a Chinese city with electric-vehicle charging infrastructure.
The company expects to complete a deal this month to provide customized charging posts for one city, Song Xiao, the Shanghai-based president of Siemens China Smart Grid, said in an interview in Shenzhen, China on Nov. 6. He declined to name the city as the deal hasn’t yet been approved by the government.