Servotech Power Systems jumps 3% on signing with Ensmart Power

Servotech Power Systems Limited, which provides advanced EV chargers and solar systems, saw a 3% rise in its stock after signing an exclusive distribution agreement with UK-based Ensmart Power. This deal aims to expand Servotech's EV charger distribution network across the UK, North America, and beyond, enhancing their international presence in the rapidly growing electric vehicle market.