EV-Related Stock News – India | 13 Sep 2026
India’s EV theme remains structurally positive, with OEMs, batteries, components and charging infrastructure all benefiting from increasing electrification. Recent industry estimates point to strong long-term growth, while battery localisation is becoming an important investment theme.
Stocks to watch
| Stock |
EV exposure |
Current theme |
| Tata Motors |
🚗 EV Cars |
Strong EV portfolio; Tata remains a key 4-wheeler EV player |
| Mahindra & Mahindra |
🚙 EV SUVs |
New EV launches + premium SUV opportunity |
| TVS Motor |
🛵 EV 2-Wheelers |
Strong iQube presence; gaining share |
| Bajaj Auto |
🛵 EV 2-Wheelers |
Chetak EV expansion |
| Ola Electric |
🛵 EV 2-Wheelers |
High EV exposure but higher execution risk |
| Ather Energy |
🛵 EV 2-Wheelers |
Strong premium scooter positioning |
| Exide Industries |
🔋 Batteries |
Lithium-ion cell manufacturing |
| Amara Raja Energy & Mobility |
🔋 Batteries |
Large lithium-ion/gigafactory investment |
| Olectra Greentech |
🚌 Electric Buses |
Electric commercial mobility |
| JBM Auto |
🚌 Electric Buses |
EV bus opportunity |
TVS Motor has reportedly overtaken Ola Electric in the electric two-wheeler market, while competition is increasing from Bajaj and Ather.
🔋 Biggest EV opportunity: Battery stocks
Exide Industries and Amara Raja Energy & Mobility are particularly interesting because they provide exposure to the battery side of the EV ecosystem rather than only vehicle sales.
Exide has been investing in a 12 GWh lithium-ion cell manufacturing facility, while Amara Raja has announced a long-term investment of around ₹9,500 crore toward lithium-ion battery manufacturing.
📈 My EV watchlist
Higher-quality / diversified:
- Tata Motors
- Mahindra & Mahindra
- TVS Motor
- Bajaj Auto
- Exide Industries
- Amara Raja Energy & Mobility
Higher-risk EV plays:
7. Ola Electric
8. Olectra Greentech
9. JBM Auto
10. Ather Energy
The NSE also has a dedicated Nifty EV & New Age Automotive Index, covering companies across EV manufacturing, batteries, components, raw materials and automotive technology.
For trading: EV stocks can react strongly to monthly auto sales, new EV launches, government policy, battery announcements and market-share data. So I would separate good EV businesses from good stocks at the current valuation.
