Promax Power acquires 20.83% stake in EV charging company Exirgy Innovations

Exirgy Innovations is now Promax PlugUp EV Private Limited

Promax Power Ltd has successfully acquired a 20.83% stake in Exirgy Innovations, a pioneering venture poised to redefine the electric vehicle (EV) charging landscape. Following this strategic investment, Exirgy Innovations will undergo a transformative rebranding initiative and will henceforth operate under the name Promax PlugUp EV Private Limited.

Promax Power Ltd's investment represents a significant milestone in our commitment to fostering innovation and sustainability in the EV sector. With this partnership, Promax PlugUp EV is poised to leverage the collective expertise and resources of both entities to accelerate the adoption of electric vehicles and enhance charging infrastructure across the globe.

Promax PlugUp EV in is at the forefront of revolutionizing the EV charging experience, specializing in the design, development, and manufacturing of cutting-edge AC and DC Electrical Vehicle fast chargers. These advanced chargers are engineered to deliver rapid and efficient charging solutions for electric vehicles, catering to the evolving needs of drivers, businesses, and communities.