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Servotech Energy Techniques Ltd., a number one producer of EV chargers in India, has bagged a big order for practically 1500 DC quick EV chargers from Hindustan Petroleum Company Restricted (HPCL) and different EV charger OEMs. The order is valued at 102 crores and includes two charger variants of 60 kW and 120 kW.
Nationwide EV Charging
The order secured by HPCL includes Servotech manufacturing, supplying and putting in DC EV chargers nationwide, prioritizing deployment at HPCL’s shops. Moreover, Servotech may also manufacture and provide the remainder of the chargers to EV charger OEMs. This transfer is seen as an vital step in making EVs extra consumer-friendly by creating a strong and well-connected EV charging infrastructure. It can additionally promote decarbonized mobility and cater to the evolving wants of the sustainable automotive business.
Sarika Bhatia, Director of Servotech Energy Techniques Ltd., mentioned: “We’re honored to be part of India’s E-Mobility revolution and along with HPCL, we’re dedicated to scaling up and fast-forwarding the transition to a sustainable future. As a number one EV charger producer, our objective is to make India a nation the place EVs aren’t only a dream however a dwelling actuality by way of a shared imaginative and prescient and relentless dedication”
“We’re assured that our high-quality and technologically superior DC quick EV chargers will assist to determine e-mobility touchpoints, optimize transactions, enhance availability, simplify discovery, and facilitate navigation for EV customers. Our energetic help ensures a clean transition in direction of a cleaner, extra sustainable transportation ecosystem” mentioned Sarika Bhatia
This press launch is meant to tell Servotech’s shareholders in regards to the firm’s current success within the rising EV charger market. The order from HPCL and different OEMs is a big validation of Servotech’s merchandise and capabilities, and it positions the corporate effectively for future progress within the Indian EV market.
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