Tuesday, December 02, 2025 | 04:57 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

DC charger manufacturer Everta plans ₹300 crore investment in 5 years

Epsilon Group sets up Everta to manufacture DC chargers with Rs 300 crore plan, starting with a Bengaluru plant and aiming for 15% market share by 2030

Epsilon Advanced Materials
premium

The Bengaluru plant will produce a range of 60 kW to 240 kW DC chargers catering to three-wheelers, four-wheelers and heavy vehicles like buses and trucks. Everta aims to create 400–450 jobs across manufacturing and services.

Deepak Patel New Delhi
Everta, a DC charger manufacturing startup, on Thursday said it plans to invest ₹300 crore over five years to establish production capacity of 3000 DC chargers per month.
 
The first phase includes a ₹150 crore investment in setting up a plant near Bengaluru and building service infrastructure. Manufacturing will begin in December, and deliveries will start in the first quarter of 2026.  The second ₹150 crore will be invested in phases, depending on demand.
 
The company aims to capture 15 per cent of India’s DC charger market by 2030, powering around 4 million EVs, said Benny Parihar, managing director of