Servotech Powers into E-3W Market with New Lithium Batteries, Chargers

RENEWABLES
Whalesbook Logo
AuthorRiya Kapoor|Published at:
Servotech Powers into E-3W Market with New Lithium Batteries, Chargers
Overview

Servotech Renewable Power Systems Ltd. is expanding into the electric three-wheeler market, launching its SULTAN lithium-ion battery and Zest charger. This strategic move targets India's booming micro-mobility sector, driven by last-mile delivery demand. The company also introduced Voltie, a 2kW on-grid solar inverter, reinforcing its clean energy solutions portfolio.

Servotech Ventures into Electric Three-Wheeler Segment

Servotech Renewable Power Systems Ltd. has officially entered the competitive electric three-wheeler (E-3W) market, unveiling its dedicated battery and charging solutions. The company launched the SULTAN lithium-ion battery and the Zest charger at its annual SUNKALP event, aiming to capture a significant share of India's rapidly expanding micro-mobility sector.

New Product Lineup

The SULTAN battery is available in 51.2V and 64V models using LFP chemistry, designed for robust performance. Complementing this, the Zest charger is engineered to optimize uptime for E-Rickshaws and E-Cargos, critical for commercial operations. Servotech also introduced the Voltie, a 2 kW on-grid solar inverter, enhancing its end-to-end clean energy solutions for residential and small commercial applications.

Strategic Vision

Raman Bhatia, Managing Director, highlighted that this expansion is a natural progression, leveraging Servotech's established expertise in solar and EV charging. The company plans further variants and models to deepen its market roots. Bhatia emphasized the immense potential of the electric three-wheeler market for sustainable transport and empowering entrepreneurs across India.

Servotech Renewable Power System Limited, formerly Servotech Power Systems Ltd., is an NSE-listed entity with over two decades of experience in electronics. The company specializes in advanced EV charging solutions and has a market capitalization exceeding ₹1,700 crore. The stock has delivered substantial returns, rising from ₹2.08 to ₹80.49 per share, a gain of over 3,700% in five years.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.