Electrowaves Electronics secures funding for EV charger production
after close1 source ↓written by the desknot a recommendation
- operating
- 30–240kW
The Technology Development Board has approved funding for Electrowaves Electronics to commercialize its domestically designed EV chargers. This includes DC fast chargers operating at 30–240kW and AC Type-2 chargers. This move supports India's growing EV infrastructure amid rising consumer demand and government incentives. ⚡
Immediate market implications include potential boosts in local manufacturing and reduced reliance on imports.
Not investment advice. For informational purposes only.