Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
Charge Zone & MG Motor Partner to Boost EV Charging Network Across India Updated On Wed, Nov 29th, 2023 by Saurenergy Automotive firm MG Motor India has joined hands with Charge Zone aiming at the expansion of EV charging network across India. Under the partnership forged by the two firms to set up EV charging network, Charge Zone and MG Motor will set up charging stations across prime locations on highways, cities as well as MG […] Read more
Servotech Introduces Subsidiary Delving in EV CPO Business Updated On Sat, Nov 11th, 2023 by Saurenergy 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 […] Read more
Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23 Updated On Tue, Oct 31st, 2023 by Saurenergy 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 […] Read more
Servotech Power Systems Files Two Patents for Energy Management Technologies Updated On Wed, Oct 25th, 2023 by Saurenergy Servotech Power Systems, a manufacturer of EV chargers and solar solutions, has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a battery energy storage system. These will also help effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable […] Read more
Tata Power, Assam Government Sign MoU For EV Charging Network in Guwahati Updated On Mon, Oct 16th, 2023 by Saurenergy Tata Power, is collaborating with the Assam Government, to improve the electric vehicle ecosystem in India. As part of this initiative, Tata Power is expected to deploy a network of 10 advanced EV chargers across 10 locations as a pilot within the city. The partnership between EV Charging Solutions Limited (TPEVCSL), a Tata Power Group […] Read more
1000 EV Charging Stations in the Works from Servotech & EMCOR Updated On Fri, Oct 13th, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of EV chargers in India, and EMCOR Power Solutions, a firm that provides EV charging CPO solutions and advanced battery, have joined hands by way of an MoU. Under the terms of the agreement, EMCOR Power Solutions will provide Servotech Power Systems with 1000 CPO (Charge Point Operator) sites […] Read more
Megawatt Charging For Large EVs Could Keep Out Hydrogen Updated On Fri, Oct 13th, 2023 by Saurenergy The EV transition has picked pace, an area where Hydrogen has been considered viable in the transportation sector is the heavy vehicles space. At issue here is the charging time for the large battery packs heavy transportation vehicles would necessarily have, and the long distances and tight timelines they have to cover. A new report […] Read more
Growatt Showcases Full Range Of Smart Energy Solutions at REI 2023 Updated On Mon, Oct 9th, 2023 by Saurenergy Growatt, a leading distributed energy solution provider, showcased its comprehensive ‘solar, storage and EV charging’ solutions for residential, C&I, utility applications during the REI Expo 2023. According to the firm, the offerings were aligned with Indian market trends and customers’ needs. PV Inverters Growatt presented its smart string PV inverters with a wide range of […] Read more
