India’s electric vehicle (EV) sector is booming, with companies investing heavily in sustainable mobility. Investors are eyeing EV stocks as the next big opportunity in the stock market. Here’s a list of the top 10 EV stocks in India to watch:
1. Tata Motors Ltd.
A leader in India’s EV segment with models like the Tata Nexon EV and Tigor EV.
2. Mahindra & Mahindra Ltd.
Expanding its EV lineup with electric SUVs and three-wheelers.
3. Reliance Industries Ltd.
Investing in battery technology and charging infrastructure.
4. Bajaj Auto Ltd.
Strong presence in the electric two-wheeler market with models like Chetak EV.
5. Hero MotoCorp Ltd.
Partnered with Ather Energy to enter the EV two-wheeler space.
6. TVS Motor Company Ltd.
Manufactures the popular iQube Electric scooter.
7. Ashok Leyland Ltd.
Developing electric commercial vehicles and buses.
8. Olectra Greentech Ltd.
Specializes in manufacturing electric buses for public transport.
9. JBM Auto Ltd.
Known for its innovation in electric bus manufacturing.
10. Sona BLW Precision Forgings Ltd.
Supplies EV components like motors and drivetrains.
Conclusion
With government incentives and rising demand, EV stocks in India present a great investment opportunity for the future. Investors should carefully analyze these stocks before making decisions.
