Servotech Power Systems to deploy 5,000 electric vehicle (EV) charging stations across India

Servotech Power Systems Makes Bold Move into EV Charging Infrastructure In a bold and visionary move, Servotech Power Systems announced on Tuesday its plans to deploy 5,000 EV-charging stations nationwide. The company has taken the initiative to establish a subsidiary, Servotech EV Infra, which will operate as a Charge Point Operator (CPO) for these EV…

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Hyundai Motor begins construction on electric vehicle plant with 200,000 annual production capacity.

Hyundai to Invest $1.51 Billion to Build EV Factory in Ulsan Hyundai is set to invest 2 trillion won ($1.51 billion) in the construction of a massive 548,000-square-meter EV factory in Ulsan, South Korea, located about 300 kilometers southeast of Seoul. This will be Hyundai’s first domestic manufacturing plant in 29 years, following the construction…

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