Servotech & Watt & Well Partner for EV Charger Components in India
Servotech Renewable Power System Ltd and Watt & Well have partnered to develop and manufacture EV charger components in India. The collaboration aims to boost the 'Make in India' initiative and accelerate the adoption of electric vehicles.
Photograph: Toby Melville/Reuters
New Delhi, Feb 19 (PTI) Home-grown Servotech Renewable Power System Ltd and France-based Watt & Well signed an agreement to develop and manufacture EV charger components.
The agreement aims to to design, manufacture and sell EV charger components in India, Servotech Renewable Power System Ltd said in a statement.
Under the pact, Servotech said it will manufacture power modules in India to achieve the 'Make in India' mission, while Watt & Well will provide technical support.
Servotech will have the exclusive right to market and sell these components in India.
The collaboration will initially focus on the development of a 30 kW power module for use in the Indian EV charging market.
The companies will also jointly assess the viability and process for the production of a bidirectional power module for V2G (vehicle-to-grid) applications.
Servotech Power Systems is a listed entity that develops tech-enabled EV charging and solar solutions.
The agreement aims to to design, manufacture and sell EV charger components in India, Servotech Renewable Power System Ltd said in a statement.
Under the pact, Servotech said it will manufacture power modules in India to achieve the 'Make in India' mission, while Watt & Well will provide technical support.
Servotech will have the exclusive right to market and sell these components in India.
The collaboration will initially focus on the development of a 30 kW power module for use in the Indian EV charging market.
The companies will also jointly assess the viability and process for the production of a bidirectional power module for V2G (vehicle-to-grid) applications.
Servotech Power Systems is a listed entity that develops tech-enabled EV charging and solar solutions.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.10 (+ 18.94)
- 352105814
- GTL Infrastructure
- 1.50 (+ 7.14)
- 20982285
- G G Engineering
- 0.90 (+ 11.11)
- 20091512
- AvanceTechnologies
- 0.54 ( -8.47)
- 18780688
- YES Bank Ltd.
- 17.33 (+ 2.61)
- 14468025
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback