Magenta makes strategic investment in Axiom to expand charging capabilities

Magenta, India’s homegrown integrated Electric Vehicle (EV) charging solutions company, has confirmed a significant investment into Axiom Energy Conversion Limited, one of India’s leading & oldest EV component manufacturer. Axiom Energy Conversion is a 25-year-old Hyderabad-based company promoted by Mr. M J Purohit in battery chargers and DC converters, focusing on the ever-growing EV industry. […]

Continue Reading