Servotech Power Systems Limited has recently formed a strategic partnership with Dubai’s Al Ansari Motors LLC. to provide electric vehicle (EV) charging solutions to the Middle Eastern and African markets. The agreement will see Servotech offer a wide range of AC and DC EV chargers, which will help the company expand its global footprint.
Under the distributorship agreement, Al Ansari Motors will bring Servotech’s EV charging capabilities to potential electric vehicle users in the said geographic market. This will help accelerate the adoption of green mobility alternatives and create a climate-resilient, carbon-neutral transportation ecosystem.
According to Raman Bhatia, Founder and MD of Servotech Power Systems Limited, this partnership marks a significant milestone for the company in expanding to international markets and bringing its innovative solutions closer to overseas markets. The Middle East and Africa represent a vast untapped market potential, with a huge potential for electric vehicle users. The company is targeting a revenue of $50 million in the next one to two years from this partnership.
The partnership aims to create an organized and integrated EV charging infrastructure in the region, while also providing a firm path for future developments with cutting-edge technology and faster charging speeds. Mohammad Humaid Alansari, Founder at Al-Ansari Motors, expressed his pleasure at partnering with Servotech and making its extensive EV charging solutions more accessible and affordable in the native markets.
With the help of this partnership, a high-density, well-amplified charging network for EVs will undoubtedly be realized in the future, bringing the experience of on-the-move and on-the-go charging closer to the region’s e-mobility users