Servotech Renewable Power System (formerly Servotech Power Systems) has entered into an agreement with France-based Watt & Well SAS, a renowned technology leader in power electronics equipment. The collaboration aims to design, manufacture, and market EV charger components in India, further strengthening the country’s efforts towards self-reliance in sustainable energy solutions.
The partnership will primarily focus on the development of a 30kW Power Module tailored for the Indian EV charging sector. Additionally, both companies will assess the feasibility of manufacturing Bidirectional Power Modules for Vehicle-to-Grid (V2G) applications, a revolutionary step that allows EVs to supply power back to the grid, enhancing energy efficiency and sustainability.
As per the agreement, Servotech will take charge of manufacturing the Power Modules in India, aligning with the ‘Make in India’ initiative, while Watt & Well will provide technical expertise and support to ensure the seamless execution of the project. Furthermore, Servotech will have the exclusive rights to market and distribute these components in the country.
Expressing enthusiasm over the partnership, Raman Bhatia, Founder and Managing Director of Servotech Renewable Power System, stated, “We are excited to collaborate with Watt & Well to bring their cutting-edge power electronics technology to the Indian EV market. This collaboration will enable us to manufacture innovative and affordable EV charging solutions at scale. Also, this marks a decisive shift away from reliance on imports and positions India as a key player in the global EV charger supply chain.”
On the other hand, Benoit Schmitt, CEO of Watt & Well SAS, emphasised the strategic importance of this collaboration, saying, “We are delighted to join forces with Servotech to bring our power electronics expertise to the rapidly growing Indian EV market. We believe that this collaboration will significantly boost India’s domestic production of EV charging solutions, driving faster electric vehicle adoption and supporting India’s clean energy objectives.”
The partnership between Servotech and Watt & Well is expected to enhance the domestic production of EV charging solutions, reducing dependency on imports and propelling India’s position in the global EV supply chain. By leveraging advanced power electronics, the collaboration aims to accelerate the adoption of EVs in India, supporting the country’s ambitious clean energy and sustainability targets.
With India’s EV industry witnessing rapid growth, this agreement marks a strategic milestone in bolstering the nation’s EV ecosystem, ultimately contributing to a greener, more sustainable future.
