Volt Charge: A visionary JAT Holdings joint venture redefining the Global EV charger industry
JAT Holdings proudly introduces Volt Charge (VC), an ambitious joint venture that signifies a remarkable collaboration between Sri Lanka and Saudi Arabia, poised to revolutionize the global Electric Vehicle (EV) charging landscape. In partnership with Saudi-based Safari Group, QSS Robotics, and Sri Lankan tech trailblazer Cyrus, Volt Charge is on a mission to set new industry standards, with JAT Holdings PLC at the helm of this visionary initiative.
Aelian Gunawardene, Founder & Managing Director at JAT Holdings PLC expressed his enthusiasm saying, “Volt Charge embodies our vision of pioneering innovation. This joint venture represents the convergence of diverse talents and resources from Sri Lanka and Saudi Arabia to reshape the EV charging industry worldwide. We are proud to be leading the charge, change and transformation towards a greener transportation infrastructure together with like-minded partners, in keeping with our commitment to a sustainable future.”
Cyrus, a brand owned by Cyrus EV Charger Pvt Ltd, leads the frontier of innovation in Sri Lanka in EV charging and charger manufacturing. Promising to redefine the way the world powers its electric vehicles, Cyrus boasts a dedicated team led by Dr Beshan Kulapala, the pioneer behind manufacturing Sri Lanka’s and South Asia’s first-ever electric supercar, which was unveiled at the Geneva International Motor Show in 2020. A trailblazing tech entrepreneur focused on developing high-tech solutions on a global scale, Dr Kulapala has created Sri Lanka’s largest EV charging network with homegrown EV Chargers.
Commenting on the partnership, Dr Kulapala added, “We’re excited to be part of this endeavour not only as a technology partner but also as a shareholder of a global enterprise to shape the future of EV charging. Volt Charge will not only provide advanced technology but also contribute significantly to the global sustainability cause, thanks to our breakthroughs in innovation in the field.”
The joint venture, Volt Charge, symbolizes JAT Holdings’ unwavering commitment to shaping the future and diversifying its portfolio to meet the ever-growing demands of the world while expanding its global presence. Bolstered by substantial multimillion-dollar investments from JAT, Safari, and QSS, and harnessing Cyrus’s expertise in EV charging technology, this partnership aims to carve a significant niche in the expansive $90 billion global EV charging industry.
Volt Charge is making an impressive entrance with its state-of-the-art 22kW Level-2 charger, featuring an industry-leading interactive user interface. In a bid to exceed current competitors, Volt Charge envisions a charging experience that resonates profoundly with customers, setting new benchmarks in the industry. Its ambitious roadmap includes a range of fast-charging technologies and visionary pursuits, such as wireless and robotics charging solutions, designed to anticipate the needs of the future.
The first set of Volt Charge EV chargers is slated for commercialization and launch with the commencement of Volt Charge’s manufacturing plant in Saudi Arabia by March 2024, ensuring a steady supply of cutting-edge chargers for the global market.
