TDB funds indigenous EV charger commercialization in India
pre-market1 source ↓written by the desknot a recommendation
The Technology Development Board (TDB) has sanctioned funding to Electrowaves Electronics Pvt. Ltd. for the commercialization of indigenous EV chargers. This initiative supports India's Atmanirbhar Bharat and Make in India vision, enhancing self-reliance in clean mobility infrastructure.
• Funding includes AC and DC fast chargers (30 kW to 240 kW)
• Electrowaves has developed a robust technology stack for efficient charging solutions ⚡
This move is expected to strengthen India's EV ecosystem and may positively impact market sentiment.
Not investment advice. For informational purposes only.