Varroc Engineering Wins High Voltage Electronics Contract with EV OEM
Varroc Engineering secures a major contract to supply High Voltage electronics for e-powertrain components to an EV OEM, strengthening its position in the electric mobility segment.
The new contract is expected to generate substantial revenue over the next 8 years and strengthens Varroc's position in the EV market.
The announcement highlights a significant contract win for Varroc Engineering, indicating positive business development and growth in the electric vehicle sector.
* Varroc Engineering has secured a significant contract with an electric vehicle (EV) OEM to supply High Voltage electronics for e-powertrain components. * The agreement involves delivering comprehensive High Voltage Electronics for components like power electronics units, inverters, onboard chargers, battery management systems (BMS), and DC-DC converters. * Supply will be from Varroc’s Romania facility over 8 years. * The peak annual capacity based on the volume forecast will be ₹800 crore. * Dhruv Jain, CEO – Business II, Varroc, stated that this contract validates their advanced electronics manufacturing capabilities and understanding of the global EV ecosystem.
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Varroc Engineering Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Varroc Engineering Limited. Read the original for the full detail.