RoadGrid to Build Universal EV Charger Plant

RoadGrid India Pvt Ltd has secured ₹13 crore in financial assistance from the Technology Development Board (TDB), under the Department of Science and Technology (DST), to promote indigenous EV charging technology manufacturing. The funding will support the establishment of a manufacturing and assembly facility for the company patented Universal EV Charger.

The government support is part of a ₹27.5 crore project aimed at commercialising RoadGrid's charging technology and strengthening domestic manufacturing of EV charging equipment. According to the company, the new facility is expected to begin commercial production by March 2027 with an annual manufacturing capacity of 2,000 Universal EV chargers.

RoadGrid said the project includes an investment of ₹18 crore towards manufacturing infrastructure and is expected to generate more than 100 direct jobs.

The company Universal EV Charger features a 140 kW dual DC charging system supporting CCS2 and Type 6 connectors, along with AC charging capability. Designed as a single-platform solution, it is compatible with electric two-wheelers, three-wheelers, passenger vehicles, and commercial EVs.

The new manufacturing facility will handle the production and assembly of power electronics, thermal management systems, embedded software, communication modules, metering systems, control hardware, enclosure fabrication, testing, calibration, and final system integration. The company said the project is based on a fully localised manufacturing model.

Commenting on the development, Shashank Narayan, Co-Founder and Chief Technology Officer of RoadGrid India, said the TDB's support validates the company's vision of developing advanced EV charging technology in India. He added that the funding will help scale the manufacturing of its patented Universal EV Charger and accelerate the deployment of interoperable EV charging infrastructure.

Earlier this year, RoadGrid raised ₹12 crore in a pre-Series A funding round led by Venture Catalysts to support product development, manufacturing expansion, and EV charging infrastructure deployment.

The company estimates that the facility could generate around ₹100 crore in annual revenue at an initial production level of 1,000 chargers per year. RoadGrid will initially focus on meeting demand in the domestic market.

According to the company, India is expected to require more than 400,000 public EV chargers by 2030, creating significant demand for locally manufactured EV charging infrastructure.