Servotech Renewable Power System Ltd. (NSE: SERVOTECH), a leader in sustainable energy solutions in India, has entered into a partnership with France-based Watt & Well SAS, a specialist in power electronics for industries including aerospace, oil & gas, renewables, and e-mobility. The agreement will focus on the design, manufacture, and sale of EV charger components in India.
The collaboration will initially develop a 30kW Power Module tailored for the Indian electric vehicle (EV) charging market. The companies will also explore the production of a Bidirectional Power Module for Vehicle-to-Grid (V2G) applications. Under the terms of the agreement, Servotech will manufacture the Power Modules locally in line with the ‘Make in India’ initiative, while Watt & Well will provide the necessary technical expertise. Servotech will hold exclusive rights to market and sell these components within India.
Raman Bhatia, Founder and Managing Director of Servotech Renewable Power System Ltd., stated, “We are thrilled to work with Watt & Well to bring their advanced power electronics technology to India’s EV market. This collaboration allows us to produce innovative and affordable EV charging solutions at scale, reducing dependence on imports and positioning India as a key player in the global EV charger supply chain.”
Benoit Schmitt, CEO of Watt & Well SAS, commented, “We are excited to partner with Servotech to bring our expertise in power electronics to India’s rapidly growing EV market. This collaboration will contribute to boosting India’s domestic production of EV charging solutions, helping drive electric vehicle adoption and supporting India’s clean energy goals.”
Watt & Well is known for its high-performance power electronics solutions designed for challenging applications in sectors like e-mobility, energy, oil & gas, and aerospace. With a focus on research and development, the company aims to drive innovation in power electronics technologies, helping to equip leaders in the automotive, aerospace, energy, and industrial industries.
Servotech Renewable Power System Ltd., formerly known as Servotech Power Systems Ltd., is an NSE-listed company specializing in tech-enabled EV charging solutions. With over two decades of experience in the electronics industry, Servotech offers a wide range of AC and DC chargers suitable for various EV applications, both commercial and residential. The company is committed to playing a key role in the development of India’s EV infrastructure, leveraging its proven innovations and advanced technologies.
