Everta is aiming to capture 10–15 percent of India’s DC charging market within the next two years and plans to begin commercial deliveries of its DC charging solutions during the second quarter of the current fiscal year, according to Manasvi Sharma, CEO of Everta.
Speaking with reporters, Sharma revealed that the company has already initiated prototype production and is currently completing certification, testing and validation procedures, including approvals from the Automotive Research Association of India (ARAI).
“We have already started proto production. The products are undergoing testing and validation processes. Once those are completed, we will begin deliveries to customers,” Sharma said.
Everta’s initial product lineup will include high-power DC chargers rated at 120 kW, 180 kW, 240 kW and 320 kW. The company intends to focus primarily on charge point operators (CPOs), fleet operators, bus and truck fleets, and last-mile logistics providers.
According to Sharma, the company sees significant growth opportunities in the high-power DC charging segment as AC charging infrastructure becomes increasingly common through OEM-provided home charging solutions and other distributed charging options.
To ensure seamless charging performance, Everta is working closely with vehicle manufacturers to optimise compatibility between chargers and EV platforms. Sharma noted that charger integration is becoming increasingly important as charging systems directly influence battery health, charging efficiency and long-term vehicle performance.
The company is also seeing rising interest from commercial fleet operators, particularly in the bus and trucking sectors, where charger reliability and uptime are critical to maintaining operational efficiency. As commercial vehicle electrification accelerates, Sharma expects demand for robust charging infrastructure to grow substantially.
He further noted that many fleet operators are evaluating third-party charging networks instead of investing in dedicated captive charging facilities, creating opportunities for charging network providers as well as equipment manufacturers.
Beyond conventional charging solutions, Everta is exploring battery-backed charging systems designed for locations where grid capacity or power quality remains a challenge. These integrated systems combine charging infrastructure with energy storage, improving charger availability while enabling greater use of renewable energy sources.
The company has already deployed a demonstration unit and is currently assessing additional installations with prospective customers.
Everta’s manufacturing facility currently has the capacity to produce between 10,000 and 12,000 DC chargers annually, with expansion plans available as market demand increases.
Sharma emphasized that localisation remains a key long-term objective for the EV charging industry, although advanced power electronics and rectifier technologies are still evolving within India’s domestic supply chain ecosystem.
Looking ahead, Everta remains focused on the domestic market, supported by the broader Epsilon Group’s presence across battery materials, energy storage and battery recycling.
“We believe the opportunity in India itself is substantial. Our immediate focus is on building products and capabilities for the domestic market,” Sharma said.
As commercial deployments begin later this fiscal year, Everta will prioritize partnerships with charge point operators, fleet operators and commercial charging infrastructure providers to strengthen its presence in India’s rapidly expanding EV ecosystem.
