Servotech Power, UP govt collaborate to set up EV charger manufacturing plant at Rs 300 cr investment

Servotech Power Systems will invest Rs 300 crore to set up an EV charger manufacturing plant in Uttar Pradesh as part of an agreement with the state government. The manufacturing facility is being set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022, the company said in a statement on Saturday.

Servotech Power has signed an MoU with the Uttar Pradesh government in this regard, it said.

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