Promax Power Ltd — Updates, 23-05-2025: Company Update

Promax Power Limited's associate, Promax PlugUp EV Pvt Ltd (20.83% stake), has developed and shipped its first 240 kW DC dual-gun fast charger to a customer in California. This charger, engineered over 6–8 months, supports CCS1, CCS2, and Tesla-compatible NACS protocols, enhancing usability across various EV models. Unique features like a large advertising display and retractable charging guns improve user experience. This breakthrough highlights Promax PlugUp EV’s advanced engineering capabilities and positions the group to tap into the growing U.S. EV charging market, reinforcing its commitment to future-ready clean energy solutions.