We, at EVreporter, have compiled a list of companies that are manufacturing the components of EV powertrain in India.
Lithium-ion batteries make up for a lion’s share of cost among EV powertrain components, but at present, the Li-ion cells are being imported from China or Taiwan and Indian battery makers are assembling them into battery packs. There are other posts dedicated to Lithium-ion batteries and EVSE (charger) manufacturers in India.
Core Components of EV Powertrain
This post focusses on manufactures of other core powertrain components for EV applications in 2W, 3W, 4W, LCVs or buses, namely – Electric Motors, Controllers and DC/DC Converters. To know more about electric vehicles powertrains and India’s automotive component industry, visit this post.
As of now most of the components for EV Powertrain for different vehicle segments are being imported into the country. As per an ACMA report, overall imports of auto components increased by 14.4 per cent to Rs.1,23,688 crore (USD 17.6 billion) in 2018-19 from Rs.106,672 crore (USD 15.9 billion) in 2017-18. Asia accounted for 61 per cent of imports followed by Europe and North America, with 29 per cent and 8 per cent respectively.
The aim of this post is to highlight the companies that are making these components in India or are in the process of getting their products market-ready, in the view of localization push by government and its effort towards curbing the imports to establish robust EV supply chains in the country. #MakeInIndia
Top EV powertrain component suppliers in India
Please let us know in the comments section if there are any companies we have missed out on.
Last updated: 07 Apr, 2020