Servotech Renewable Power System has stepped into the electric three‑wheeler market with its new SULTAN battery and Zest charger, widening its clean‑energy product line.
New products for three‑wheelers
The company introduced:
- SULTAN lithium‑ion battery – offered in 51.2 V/105 Ah and 64 V/105 Ah versions, built with LFP chemistry for lighter weight and higher payload.
- Zest charger – a dedicated charger that speeds up charging and adds extra battery protection for OEMs, dealers and distributors.
- Voltie inverter – a 2 kW on‑grid solar inverter for homes and small businesses.
Why electric three‑wheelers are hot
India’s e‑three‑wheeler segment is one of the fastest‑growing parts of electric mobility. Urbanisation, the rise of last‑mile delivery and supportive policies are driving demand for e‑rickshaws, e‑autos and e‑cargos.
Servotech’s share performance
Despite the product launch, the stock has struggled:
- Shares have fallen about 53% since June.
- 2025 year‑to‑date loss of 52.3%, the biggest annual drop in five years.
- However, over the past five years the stock is still up roughly 3,500%.
What investors should consider
Key points to keep in mind:
- The new battery line could open revenue streams from the booming three‑wheeler market.
- Short‑term price pressure remains high; investors should watch demand adoption and any policy changes.
- Long‑term growth has been strong historically, but past performance does not guarantee future results.
Remember, this is just an overview, not a recommendation. Do your own research or consult a certified advisor before making any investment decisions.