Companies making electric vehicles or supplying EV-specific components, per their own annual reports — tiered so an EV maker and a company with an announced EV plan never look the same.
Core — the theme IS a principal business todayGrowing — real operations, not yet the main businessAnnounced — committed plans or orders, little revenue yetMention-only — appears only as outlook language
Develops and sells EV battery cooling fluids as part of its specialty ester portfolio, having launched a complete range of EV cooling fluids in 2025.
“Savita is developing advanced solutions for transformer fluids, EV battery cooling, immersion cooling for data centres and other specialised industrial applications.”
Polyplex manufactures polymeric films specifically engineered for lithium-ion battery (LiB) applications in electric vehicles as one of its industrial product applications.
“Film for Liners, Labels, PV and LiB for EV”
Jindal WorldwideOther Textile ProductsGrowing₹3,599 CrP/E 54.4 vs 15.3ROCE 9.0%
Through subsidiary Jindal Mobilitric (post-Earth Energy acquisition in May 2022), JWL has a stated 2.5 lakh annual electric two-wheeler production capacity and is actively building dealer/distribution networks as a diversification beyond its core textiles.
“Jindal Mobilitric has stated an annual electric two-wheeler production capacity of 2.5 lakh vehicles. This manufacturing platform is intended to support scale, quality, localisation, operating efficiency, and future market expansion.”
Spectrum has entered EV charger manufacturing as a new product vertical, listed in its product portfolio and ODM pipeline, but it is not yet a principal revenue driver versus its broader electrical-products base.
“Entered into the manufacturing of EV Chargers.”
+1 more quote from the report
“The Company has recently started manufacturing of Electric Vehicle (EV) Chargers in order to meet market demands and enhance our business growth.”
The auto-component (gears/transmission) supplier is actively developing products and engaging customers for EV drivetrain and transmission platforms, though its single business segment remains gears and transmission components overall.
“the Company continued to strengthen its position in the electric mobility ecosystem by actively participating in new product development initiatives and engaging with customers across emerging EV platforms.”
+1 more quote from the report
“The Company is continuously working in the direction of preparing parts for itself for the technological changes in the auto sector, including the electrification of vehicles, as mandated by the government.”
Salzer ElectronicsOther Electrical EquipmentGrowing₹1,005 CrP/E 22.2 vs 25.2ROCE 11.0%
Salzer markets EV chargers (AC residential and DC fast chargers) as part of its Building Segment product portfolio.
“EV CHARGERS
AC Residential Chargers
DC fast Chargers for commercial establishments”
Definition used: Manufactures or sells electric vehicles, or supplies EV-specific components: traction motors, power electronics, EV batteries, charging infrastructure.Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.
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