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Ideanomics made a strategic investment of €7.5 million (~$9 million) for a 30% ownership stake in Prettl Electronics Automotive, a business unit of the Prettl Group, and will receive exclusive sales and distribution rights for its EV charging infrastructure in North America.
duotec and the Prettl Group announced a collaboration to combine duotec's sensor technology with Prettl's Wireless IoT Solutions (WIS) wireless technology for Industrial IoT devices.
German company PRETTL announced a new plant in Tangier, Morocco, investing EUR 8 million, with capacity to produce 30 million pieces long-term and creating 800 jobs.
| Site | Largest | Latest |
|---|---|---|
| Tangier, Morocco | $10.0M | 2018-01-31 |