Servotech Power Systems and Electra EV Collaborate on EV Charging Tech

05 Apr 2024 CW Team

Servotech Power Systems, a leading provider of power solutions, has announced a strategic partnership with Electra EV to develop advanced electric vehicle (EV) charging technologies. The collaboration aims to address the growing demand for efficient and reliable charging infrastructure to support the transition to electric mobility.

Under the partnership, Servotech Power Systems will leverage its expertise in power electronics and energy management to design and manufacture innovative EV charging solutions. Electra EV, known for its cutting-edge EV charging technology, will contribute its knowledge and experience to co-develop next-generation charging products.

The partnership comes at a crucial time when the adoption of electric vehicles is rapidly increasing worldwide, driven by environmental concerns and government initiatives to reduce carbon emissions. With the EV market poised for exponential growth, there is a pressing need for robust charging infrastructure to support the widespread adoption of electric mobility.

Servotech Power Systems and Electra EV aim to address key challenges in EV charging, including interoperability, charging speed, and user experience. By combining their strengths, the two companies seek to introduce innovative solutions that enhance the convenience and accessibility of EV charging for consumers and businesses alike.

The collaboration reflects a shared commitment to driving innovation in the electric mobility sector and accelerating the transition towards a sustainable future. Servotech Power Systems and Electra EV are confident that their partnership will enable them to deliver cutting-edge EV charging solutions that meet the evolving needs of the market and contribute to the widespread adoption of electric vehicles.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..