RoadGrid Secures ₹13 Crore Technology Development Board Support to Scale Manufacturing of India’s Patented Universal EV Charger

RoadGrid India Private Limited announced that it has received financial assistance of ₹13 crore from the Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, for its ₹27.5 crore project to establish a manufacturing and assembly facility for the commercialisation of its patented Universal EV Charger.

Funding Support:
₹13 crore sanctioned by the Technology Development Board (TDB) under DST, backing RoadGrid’s ₹27.5 crore project.

Facility Goals:
- Annual capacity: 2,000 Universal EV Chargers.
- Commercial production: March 2027.
- Over 100 direct jobs created.

Technology Edge:
- Patented Universal EV Charger with 140 kW dual DC system (CCS2 + Type 6 connectors) plus AC capability.
- Interoperable across two-wheelers, three-wheelers, passenger cars, and commercial EVs.
- 100% localized manufacturing—reducing import dependence.

Manufacturing Scope
End-to-end production covering:
- Power electronics
- Thermal management
- Embedded software & communication modules
- Metering & control hardware
- Enclosure fabrication, testing, calibration, integration

Strategic Impact
- Strengthens India’s indigenous EV charging ecosystem.
- Supports national target of 400,000+ public chargers by 2030.
- Expected revenues: ~₹100 crore annually at initial 1,000-unit production.

Partnerships & Growth
- Raised ₹12 crore in pre-Series A funding earlier this year.
- Already deployed 100+ chargers, managing 200+ points.
- Collaborations with VinFast, HPCL, IOCL.

Voices
- TDB Secretary Rajesh Kumar Pathak: Reliable, interoperable charging is key to India’s clean mobility future.
- CTO Shashank Narayan: Support validates RoadGrid’s vision to build globally competitive EV charging tech in India.

This move positions RoadGrid as a front-runner in India’s EV infrastructure revolution, blending innovation, sustainability, and scale.