Servotech Renewable Power System Analyzed
Servotech Renewable Power System saw a 3.31% increase in its stock price, reaching Rs 97.81, following a key development: the Indian Patent Office granted the company a patent for a new charging system. This innovation allows older, “GBT-based” electric vehicles to use standard CCS2 DC fast chargers, which are becoming increasingly common in India. Essentially, Servotech has created a smart device that bridges the gap between these older vehicles and the latest charging technology.
Key Points
- Patent secures Servotech’s unique EV charging technology.
- GBT vehicles can now use CCS2 DC fast chargers.
- Smart converter optimizes charging for legacy electric cars.
- Trial successes show benefits for buses and commercial fleets.
- Expanding deployment with transport and charging hubs.
- Financial results show profitability decline in Q2 2025.
Technology Overview
The core of Servotech’s innovation is a “smart converter.” When connected to a CCS2 charger, this device safely and efficiently allows GBT-based electric vehicles to charge. This is critical because many older electric vehicles, known as GBT vehicles, still operate on the road.
Servotech’s solution helps to maximize the use of charging stations and ensures that owners of these older vehicles aren’t left behind as the country shifts to the CCS2 standard. The company has already successfully tested the system on electric buses and commercial vehicles.
Currently, Servotech is looking to expand its reach by working with fleet operators, public transport systems, and setting up dedicated commercial charging hubs. This broader deployment is a key part of their strategy.
Servotech Renewable Power System specializes in developing tech-enabled EV charging solutions. They offer both AC and DC chargers, making them compatible with a wide range of electric vehicles for diverse applications, including commercial and domestic use.
However, the company’s financial performance in Q2 September 2025 was less positive. Net profit declined by 88.24% to Rs 1.33 crore, and net sales dropped by 46.67% to Rs 106.49 crore compared to the same quarter in 2024.
“This patent strengthens Servotech’s position as a key innovator in the growing Indian EV charging market.”
