Servotech Power inks pact with Al-Ansari Motors to install EV charging solutions

Servotech Power has inked a pact with Al Ansari Motors to provide EV charging solutions to the Middle Eastern & African markets
Servotech Power inks pact with Al-Ansari Motors to install EV charging solutions
Servotech Power inks pact with Al-Ansari Motors to install EV charging solutions
Published on

New Delhi: State-owned Servotech Power Systems Ltd (SPSL) has inked a pact with Dubai-based Al Ansari Motors to provide electric vehicles charging solutions to the Middle Eastern and African markets.

"The two entities have signed a sole distributorship agreement, which will see Al Ansari Motors bring Servotech's EV charging capabilities to the potential electric vehicle adopting segment in these markets," SPSL said in a statement on Monday. Al Ansari Motors LLC is into motor vehicles and accessories trading, it said.

Partnership aims to create organised EV charging infrastructure in Middle East & Africa

The partnership aims to create an organised and integrated EV charging infrastructure in the Middle East and African region while also offering a firm path for future developments with cutting-edge technology and faster charging speeds, the statement said.

The Middle East and Africa presents a huge untapped market potential: Bhatia

Raman Bhatia, Founder and MD of SPSL said, "The Middle East and Africa presents a huge untapped market potential and a sea of potential electric vehicle users. Each charging point installed under the pact will be accessible to all electric four-wheelers."

Mohammad Humaid Alansari, Founder at Al Ansari Motors said, "This pact gives us a chance to make Servotech's extensive EV charging solutions more accessible and affordable in our native markets. This will result in both generating sustainable profits and evolving the future of electric vehicles."

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com