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Servotech Secures Patent for EV Charging Conversion Technology

Story Highlights
  • Servotech is a top Indian EV charger manufacturer and renewable energy solutions provider.
  • The company received a patent for technology enabling GBT vehicles to use CCS2 chargers.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Servotech Secures Patent for EV Charging Conversion Technology

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Servotech Power Systems Ltd. ( (IN:SERVOTECH) ) has issued an update.

Servotech Renewable Power System Ltd. has been granted a patent by the Indian Patent Office for its innovative technology that allows seamless charging of GBT-based electric vehicles using CCS2 DC fast chargers. This advancement addresses compatibility challenges in India’s EV charging landscape and ensures older vehicle fleets can efficiently transition to the new standard, enhancing infrastructure utilization and supporting the shift to a unified EV ecosystem.

More about Servotech Power Systems Ltd.

Servotech Renewable Power System Ltd. is a leading manufacturer of EV chargers and a provider of renewable energy solutions in India.

Average Trading Volume: 650,766

Technical Sentiment Signal: Sell

Current Market Cap: 21.59B INR

Learn more about SERVOTECH stock on TipRanks’ Stock Analysis page.

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