Electric Vehicles

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
Hitachi Energy IndiaHeavy Electrical EquipmentAnnounced₹1.52 L CrP/E 128.7 vs 33.9ROCE 24.7%

EV charging ecosystem is identified as a high-growth segment the company is assessing via its go-to-market strategy, with no stated current revenue.

GTM strategy to assess the high growth segments like data center, energy storage, green hydrogen, EV charging ecosystem,etc.

Annual Report · p. 36
Torrent PowerIntegrated Power UtilitiesAnnounced₹62,811 CrP/E 32.7 vs 30.5ROCE 9.3%

Torrent Power has identified EV charging infrastructure as a new-age business to selectively build, prioritising charging point connections in its licensed and franchised distribution areas.

Explore emerging business opportunities such as hydrogen, storage and EV infrastructure

Annual Report · p. 20
Olectra GreentechPassenger Cars & Utility VehiclesAnnounced₹10,859 CrP/E 53.0 vs 25.5ROCE 16.8%

Company is building a new greenfield EV manufacturing facility on 150 acres near Hyderabad, indicating a committed expansion in electric-vehicle manufacturing.

Greenfield EV Manufacturing Facility under Construction on 150 Acres of Land situated at Near by Seetharampur, Chevella, Via Shabad Road, Hyderabad-509 217, Telangana.

Annual Report · p. 5
Muthoot Cap ServNon Banking Financial Company (NBFC)Announced₹416 CrP/E 16.0 vs 17.5

MCSL has signed a Preferred Financier Agreement with Greaves Electric Mobility (and an MoU with BGauss Auto, p35) to finance electric two-wheeler purchases, representing newly announced EV financing partnerships.

POWERING THE FUTURE OF E-MOBILITY TOGETHER Muthoot Capital Services Ltd. is delighted to announce the signing of a Preferred Financier Agreement with Greaves Electric Mobility Limited in Bengaluru.

Muthoot Capital Services Ltd - 511766 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 34
How this list is built

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”.

MarketPing publishes facts, filings and measured history only — nothing on this page is investment advice, a recommendation or a rating.