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Underwriters Laboratories (UL), which is officially known as UL Solutions, has now turned its expertise to electric vehicle batteries and charging stations.
DURHAM, NC—Kempower Inc., a manufacturer of charging stations for electric vehicles, will invest $41.2 million to build a new assembly plant here, creating 300 jobs.
NEW YORK—The global market for electric vehicle charging stations is expected to grow at compound annual rate of 77 percent from 2011 to 2015, according to a new report.