8 months ago

Servotech Expands into Electric Three-Wheeler Segment

Servotech Expands into Electric Three-Wheeler Segment
EV, solar stock Servotech Renewable Power announces foray into E-3W business. Details here · livemint.com

Servotech, a company that makes EV chargers and solar products, has started making batteries and chargers for electric three-wheelers like e-rickshaws and e-autos.

They launched a new battery called SULTAN and a charger called Zest.

They also introduced a solar inverter called Voltie.

The electric three-wheeler market in India is growing fast because more people need last-mile delivery services and the government supports it.

The company's shares have been going down recently, but they have done very well over the last five years.

Key facts

Company
Servotech Renewable Power System
New Product
SULTAN lithium-ion battery
Battery Models
51.2V/105Ah and 64V/105Ah
Charger
Zest
Inverter
Voltie 2 kW on-grid solar inverter
Stock Performance
53% crash from recent highs, 52.3% fall in 2025
Long-term Performance
3500% increase over five years

Quotes

Raman Bhatia

Managing Director, Servotech Renewable Power System Ltd

“Our entry into the electric three-wheeler segment is a natural progression of Servotech’s journey in clean energy. We have built strong leadership in solar and EV charging, and we are now excited to extend that expertise into lithium solutions for micromobility.”
livemint.com

Sources

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