Servotech Power Systems announced a partnership with UK-based Ensmart Power to grow its electric vehicle (EV) charger business in the UK and other regions. This collaboration is set to tap into the rapidly increasing adoption of EVs in the UK and beyond, according to a company statement released on Wednesday.

By merging Servotech's cutting-edge EV charging technology with Ensmart Power's expertise in energy storage and distribution, the two companies aim to provide consumers with a dependable and widely available charging infrastructure.

The statement highlights that Servotech Power Systems, a prominent EV charger manufacturer, and Ensmart Power, a leader in critical power, solar, and energy storage solutions, have signed a sole distribution agreement. This deal will extend their EV charger network across the UK and North America.

The partnership is expected to drive green mobility solutions, contributing to a carbon-neutral transportation system while setting new benchmarks in efficiency, reliability, and environmental sustainability.

Raman Bhatia, founder and Managing Director of Servotech Power Systems, remarked, "This collaboration is a strategic step toward building a strong global presence and offering innovative solutions to international users, focusing on local production. Our goal is to deliver top-tier EV charging solutions, and through this partnership, we will integrate Ensmart Power's global expertise to meet the growing demand for advanced charging systems."

Deniz Taner, Managing Director of Ensmart Power, added, "Having worked with Raman Bhatia for over a decade, this partnership strengthens our relationship as we combine intellectual property and ideas to ensure continued growth for both companies."

Servotech Power Systems, listed on the NSE, is a technology-driven company that develops EV charging solutions, drawing on more than 20 years of experience in the electronics industry.

As of the market close, shares of Servotech Power Systems were down 0.85%, trading at Rs 186.50 per share on the NSE.