Servotech Power Systems has secured the order to manufacture, supply, and deploy 1,800 DC Fast EV chargers primarily at Bharat Petroleum Corp. Ltd (BPCL) petrol pumps in major cities across the nation.
Electric vehicle (EV) battery manufacturing, battery safety, and recycling along with EV charging and battery swapping are the key areas of discussion at the Bharat Mobility Global expo, scheduled from Feb. 1 –3, 2024, in New Delhi.
Erisha E Mobility will invest INR 6,900 crore in setting up an electric vehicle park, charging infrastructure, and green hydrogen production facilities in Gujarat.
Tata Power clocked 16th consecutive quarter of net profit (profit after tax) growth with Q2 FY 2024 profit rising 9% YoY to INR 1,017 crore ($122.18 million).
Servotech Power Systems will invest around INR 300 crore ($36.2 million) to set up an electric vehicle (EV) charger manufacturing facility with backward integration in the state.
Servotech Power Systems has launched Techbec Green Energy to produce EV charger components and lithium-ion batteries. The new unit will have a 40,000 sq.ft. manufacturing facility in Haryana.
Fortum Charge & Drive India has unveiled its new brand identity ‘Glida’ signifying its commitment to delivering a seamless electric vehicle (EV) charging experience in India. Glida plans to increase the number of its EV charging points to 3,000 by 2025 from around 450 at present.
Magenta Mobility has launched an electric vehicle (EV) charger that can charge 12 EVs simultaneously. The charger is especially suited for charge point operators, fleet operators, community parking bays, and residential complexes.
Chinese battery industry heavyweight CATL has unveiled a novel condensed matter battery technology with an energy density of up to 500 Wh/kg. The company said it can achieve mass production within this year.
Servotech has signed a pact with Dubai-based Al-Ansari Motors to provide EV charging solutions in the Middle East and Africa. The company aims for $50 million in business from this region in the next one to two years.
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