Servotech Power to manufacture EV charger components, lithium-ion batteries with initial investment of Rs 30 crore

Servotech Power Systems has announced an initial investment of Rs30 crore ($4.05m) to produce EV charger components and lithium-ion batteries. Aprroximately 40,000 sq ft facility in Sonipat, Haryana, will produce EV charger components and lithium-ion batteries. Servotech Power is a leading manufacturer of solar, EV chargers, power-backup and other smart power solutions.

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