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Servotech Adds 2,649 EV Chargers Order from BPCL

Servotech Power Systems Ltd., a manufacturer of EV chargers in the country, has bagged 2649 AC EV chargers order from Bharat Petroleum Corporation Limited (BPCL). The firm will be responsible for manufacturing, supplying and installing 2649 AC EV chargers order strategically across the nation. The EV chargers order comes under the BPCL E-drive project, equipping […]

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Chandigarh-Shimla Highway Now Energised With Charging Infrastructure

Tata Power, which has quietely emerged as one of India’s largest and leading EV charging solutions providers, has announced the activation of its electric vehicle (EV) charging infrastructure along the Chandigarh- Shimla highway. Covering a total distance of 111 kms and addressing the demand for reliable charging options on this popular route, the strategically positioned […]

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Growth Of EV Market Highest In China, EU, Says WRI Report

Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […]

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Servotech Introduces Subsidiary Delving in EV CPO Business

Servotech Power Systems Ltd, India’s premier EV charger manufacturer, has declared the creation of its wholly owned subsidiary, Servotech EV Infra Pvt. Ltd. to foray into the EV Charge Point Operator business. The subsidiary will act as a CPO and install EV charging stations across India. Servotech EV Infra Pvt. Ltd. aims to establish 5000 […]

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Custom-made Vehicles from Mahindra for Amazon’s EV Fleet Program

Amazon has introduced its global last mile fleet program in India. In a first such global initiative for the firm, the fleet will boast 100% electric vehicles (EVs), Amazon EV Fleet Program. The program will facilitate 300 Delivery Service Partners (DSPs) to lease a fleet of tailored three-wheeler electric vehicles through a fleet management firm. […]

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Altigreen & Bolt.Earth Sets Sights on Deployment of 100 3.3 kW Charging Stations

Altigreen, which manufactures electric vehicles designed for last-mile applications, has entered into an agreement with Bolt.Earth, a firm which provides electric vehicle charging infrastructure. The two firms have together set sights on the deployment of a hundred 3.3 kW charging stations for electric three-wheelers within a month. Further, they intend to set up more than […]

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Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23

Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […]

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Servotech & IIT Roorkee Team Up for Rectifier Units of CCS2 Chargers for EVs

Servotech Power Systems Ltd. (SPSL), an EV charger manufacturer has recently signed two MOUs with IIT Roorkee to develop state-of-the-art rectifier units for CCS2 chargers and onboard EV chargers for two, three and four wheelers.  The onboard charger for electric vehicles is compact and lightweight charger designed to be mounted directly on the two, three […]

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RMI Predicts Increase In EV Car Sales By 10% In Six Years

The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled “X Car Charge: The […]

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