Vestel and Shloka Enterprises Form Strategic Partnership on EV Charging and Energy Storage. 🇹🇷🔋🇮🇳

Vestel, Turkish leader in mobility and energy storage, is expanding into the Indian market. A memorandum of understanding has been signed with Shloka Enterprises, part of Krishna Group, one of India's major automotive players. This collaboration aims to explore opportunities in electric vehicle charging stations, mobility electronics, and energy storage systems.

Vestel Mobility, with over 180,000 charging sockets installed in nearly 30 countries, sees India as a key market. The evolving battery technologies used in electric vehicles also have applications beyond vehicles, which Vestel aims to capitalize on.

Shloka Enterprises, founded in 2019, is a versatile holding company operating in various sectors, including automotive, electronics, aerospace, and defense.

This partnership is expected to create significant opportunities for both companies in the rapidly growing Indian market. This strategic move aligns with Vestel's vision of becoming a global player in the industry.

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