Servotech Renewable Power System Ltd. has signed an agreement with France-based Watt & Well SAS to develop and manufacture electric vehicle (EV) charger components in India.
The collaboration will focus on designing and producing a 30kW power module for the Indian EV charging market. The companies will also explore the feasibility of a bidirectional power module for vehicle-to-grid (V2G) applications.
Under the agreement, Servotech will handle manufacturing in India, while Watt & Well will provide technical support. Servotech will have exclusive rights to market and sell these components in the country.
Raman Bhatia, Managing Director of Servotech, stated that the collaboration aims to expand domestic production of EV charging solutions. Benoit Schmitt, CEO of Watt & Well, emphasized that the partnership is intended to support India’s growing EV sector.
According to the press release, the initiative aligns with efforts to enhance local manufacturing and reduce reliance on imports in the EV charging industry.