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Top EV Stocks (2025) - Latest Price, Returns And Insights

India's electric vehicle market is expected to rise from $ 2.36 bn in 2024 to $ 164.42 bn by 2033, with a strong annual growth rate of 57.23%. The EV battery market is also growing, from $ 2.22 bn in 2024 to $ 13.89 bn by 2033. Here’s a list of some of the top EV stocks to explore as the market accelerates.
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Top EV Stocks in 2025

EV Stock Screener

EV Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 25 results

last updated at 6:30 AM IST 
NameStocks (25)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Bharat Electronics LtdBELElectronic EquipmentsElectronic Equipments2,85,629.612,85,629.61385.60385.6053.6853.68-0.62-0.62-9.52-9.52-4.02-4.0224.1524.1514.2914.2929.2929.2933.7533.750.610.610.000.002.372.37
2.Tata Motors Passenger Vehicles LtdTMPVFour WheelersFour Wheelers1,27,832.131,27,832.13346.35346.354.594.590.260.26-8.86-8.86-15.21-15.21-26.63-26.631.041.0425.7925.7920.8020.801.731.730.580.582.352.35
3.Samvardhana Motherson International LtdMOTHERSONAuto PartsAuto Parts1,26,980.501,26,980.50119.56119.5633.3933.39-0.01-0.019.069.0618.9318.939.079.073.423.4211.6411.6414.3414.340.470.470.460.462.712.71
4.Hero MotoCorp LtdHEROMOTOCOTwo WheelersTwo Wheelers1,19,238.641,19,238.645,817.005,817.0027.2327.23-2.18-2.183.573.5733.0833.0831.7531.756.156.1523.5223.5228.7128.712.772.770.040.042.062.06
5.Bosch LtdBOSCHLTDAuto PartsAuto Parts1,07,356.851,07,356.8535,975.0035,975.0053.2753.27-0.70-0.70-2.81-2.8111.6711.670.580.587.777.7715.5815.5818.8918.891.411.410.010.011.801.80
6.UNO Minda LtdUNOMINDAAuto PartsAuto Parts71,509.6471,509.641,248.801,248.8075.8475.84-0.65-0.65-4.69-4.6918.9918.9922.0522.0511.7011.7016.5716.5719.2619.260.180.180.400.402.722.72
7.Bharat Forge LtdBHARATFORGIron & SteelIron & Steel67,606.5167,606.511,413.301,413.3071.8371.83-0.29-0.291.171.178.678.675.425.427.337.3311.4911.4916.6316.630.600.600.730.732.492.49
8.Endurance Technologies LtdENDURANCEAuto PartsAuto Parts36,863.5136,863.512,620.902,620.9044.0844.080.400.40-2.97-2.977.867.8616.2316.236.456.4515.6415.6417.7417.740.380.380.170.172.712.71
9.Exide Industries LtdEXIDEINDBatteriesBatteries31,658.2531,658.25363.80363.8039.8239.82-0.67-0.67-4.88-4.88-5.00-5.00-19.35-19.352.272.275.935.938.618.610.540.540.140.142.082.08
10.Sona BLW Precision Forgings LtdSONACOMSAuto PartsAuto Parts30,271.5930,271.59489.90489.9050.3550.351.021.020.940.942.072.07-21.16-21.165.365.3614.2414.2413.8413.840.660.660.040.042.672.67
11.Himadri Speciality Chemical LtdHSCLCommodity ChemicalsCommodity Chemicals24,057.9924,057.99465.15465.1543.3043.30-1.05-1.052.302.301.581.58-15.67-15.676.386.3816.3116.3121.0021.000.120.120.080.082.992.99
12.HBL Engineering LtdHBLENGINEBatteriesBatteries22,628.8122,628.81762.80762.8081.7181.71-4.64-4.64-27.15-27.1528.5728.578.728.7215.2715.2720.5020.5024.9124.910.120.120.050.054.074.07
13.Amara Raja Energy & Mobility LtdARE&MBatteriesBatteries17,125.6817,125.68925.15925.1518.1318.130.380.38-4.29-4.29-7.12-7.12-26.62-26.622.322.3213.3213.3216.7916.791.121.120.040.042.122.12
14.Minda Corporation LtdMINDACORPAuto PartsAuto Parts13,941.6013,941.60596.05596.0554.5954.59-0.29-0.29-1.53-1.5313.0213.0215.2715.276.336.3312.2112.2113.8913.890.240.240.730.732.692.69
15.Gabriel India LtdGABRIELAuto PartsAuto Parts13,871.7013,871.70958.30958.3056.6256.62-1.71-1.71-16.02-16.0260.6560.6584.5284.5211.7211.7222.4222.4226.7426.740.490.490.060.064.484.48
16.JBM Auto LtdJBMAAuto PartsAuto Parts13,624.4313,624.43552.35552.3567.4767.47-1.87-1.87-12.90-12.90-21.42-21.42-36.63-36.639.839.8315.6615.6618.8818.880.150.151.901.903.783.78
17.Graphite India LtdGRAPHITEElectrical Components & EquipmentsElectrical Components & Equipments10,677.2810,677.28532.80532.8023.1123.11-0.81-0.81-6.81-6.81-0.99-0.99-3.94-3.941.821.828.058.059.919.912.012.010.030.033.303.30
18.HEG LtdHEGElectrical Components & EquipmentsElectrical Components & Equipments10,336.8410,336.84526.25526.2589.8489.84-1.45-1.452.752.754.734.73-6.59-6.592.322.322.592.594.374.370.340.340.130.133.183.18
19.Olectra Greentech LtdOLECTRAElectrical Components & EquipmentsElectrical Components & Equipments10,014.6710,014.671,161.501,161.5072.1072.10-3.00-3.00-18.07-18.07-0.93-0.93-25.72-25.729.519.5114.1114.1119.1619.160.030.030.240.243.523.52
20.Ramkrishna Forgings LtdRKFORGERailRail9,412.029,412.02497.00497.0022.6822.68-3.49-3.49-9.80-9.80-22.39-22.39-46.09-46.093.103.1014.6414.649.389.380.380.380.700.702.922.92

Overview of Best EV Stocks in India

Bharat Electronics Ltd


 Bharat Electronics Limited is a key player in India’s defence electronics sector, also contributing to EV growth through battery management systems and EV charging infrastructure. Its expertise in embedded systems and power electronics supports critical components needed for electric vehicle technology.


Tata Motors Ltd

Tata Motors is a leading Indian automobile manufacturer with a strong presence in the electric vehicle segment. Through its EV arm, Tata Passenger Electric Mobility, the company produces affordable, mass-market electric cars like the Nexon EV, driving India’s transition to green mobility.


Samvardhana Motherson International Ltd

Samvardhana Motherson International Ltd is a global auto components giant serving EV and ICE segments. It specialises in wiring harnesses, lighting, mirrors, and polymer parts for EVs. As OEMs ramp up electric models, Motherson’s components are integral to the electrification of global and Indian vehicles.


Hero MotoCorp Ltd

Hero MotoCorp is one of India’s biggest motorcycle and scooter makers. It offers a wide range of fuel-efficient two-wheelers and is expanding into electric vehicles with new e-scooters. The company is known for its strong brand and large distribution network, helping it stay a leader in India’s two-wheeler market.

Bosch Ltd

Bosch Ltd is a global technology and services provider. In India, it is known for its automotive solutions, including parts for electric vehicles like batteries and motors. Bosch helps drive India’s shift toward electric mobility with its innovative products and technologies.

What are EV Stocks

EV stocks are shares of companies involved in the electric vehicle industry. These include vehicle manufacturers producing electric cars, two-wheelers, buses, and commercial vehicles, as well as businesses supplying batteries, charging infrastructure, critical minerals, and related components. They also cover firms offering energy services, fleet operations, or technology solutions that support EV adoption.

Union Budget 2025-26 Allocations for the EV Sector

Finance Minister Nirmala Sitharaman presented the eighth Union Budget 2025-26 on 1st February, 2025. It emphasises the government’s sustained push to make electric vehicles more affordable through increased allocations for EV-focused schemes and significant tax relief on critical minerals for lithium-ion battery manufacturing:

  1. No budget outlays have been made to the FAME scheme and the Electric Mobility Promotion Scheme for 2025-26. FAME Phase II, which focuses on EV purchase incentives and supporting charging infrastructure, continues operationally (having started in 2015), fresh funding is not included in the 2025-26 budget.
  2. The budget proposes an allocation of Rs. 4,000 cr. for the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PME-DRIVE) scheme in 2025-26. This allocation is significantly higher than the allocation of Rs 1,870.76 cr. to the scheme in 2024-25.
  3. The budget proposes an increase in allocation from Rs. 346.87 cr. in 2024-25 to Rs. 2,818.85 cr. in 2025-26 towards the PLI scheme for Automobiles and Auto Components.
  4. The budget exempted Basic Customs Duty (BCD) on key materials like cobalt, lithium-ion battery scrap, lead, zinc, and twelve other minerals. It also reduced import duties on battery materials, helping make EVs more affordable. The government expanded capital goods exemptions, adding 35 items for EV battery production to boost the local supply chain.

Growth of Electric Vehicles in India

  1. The government is actively promoting EV adoption through schemes like FAME and PM E-DRIVE, which support infrastructure development and offer incentives for EV purchases. In 2025-26, it allocated Rs. 2,000 cr. to improve public EV charging infrastructure.
  2. India's EV market continues to grow, with sales rising by 16.9% in FY25 to reach 1.97 mn units. Electric two-wheelers led this growth, while electric passenger vehicles also saw major progress, crossing 100,000 units for the first time in FY25.
  3. The country's public charging network expanded rapidly, increasing from 5,151 stations in 2022 to 29,277 by July 2025, making EV ownership more convenient. Karnataka leads in EV infrastructure with 6,097 charging stations by mid-2025, ahead of Maharashtra and Delhi.
  4. Consumer demand is also rising, as a recent survey found that 83% of consumers plan to buy only new energy vehicles by the end of the decade. This growing awareness is accelerating India's shift towards electric mobility.

How to Invest in EV Stocks?

Investing in EV stocks in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in EV stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for EV Stocks: Go to Tickertape Stock Screener and search for EV sector stocks.
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the EV sector stocks list.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in-depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Advantages of Investing in EV Sector Stocks

Strong Growth Potential

The EV market is expected to grow at a CAGR of 57.23% from 2024 to 2033. With EV sales increasing by 16.9% in FY25 and the government setting a target for 30% EV adoption by 2030, the sector possesses huge growth potential.

Government Incentives Boost Appeal

The Indian government is supporting the EV sector with tax rebates, grants, and subsidies for EV manufacturers. Programs like the FAME and PM E-DRIVE schemes encourage the adoption of electric vehicles and the development of charging infrastructure.

Positive Environmental Impact

Electric vehicles help reduce greenhouse gas emissions and pollution, contributing to global sustainability goals. As India works towards making 30% of private cars electric by 2030, investing in EVs aligns with the shift to a greener future.

Rising Consumer Adoption

More consumers prefer sustainable and advanced vehicles, so the demand for electric vehicles keeps growing. A recent survey found that 83% of consumers plan to buy only electric vehicles in the future. As the EV charging network grows, demand for EVs will keep rising, benefiting companies in the sector.

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Risks Associated With Investing in EV Stocks

Risk of Becoming Outdated

If EV companies do not keep up with the latest technologies, such as new battery technology or charging solutions, they risk falling behind. When this happens, their products can quickly become outdated, and their stock prices may fall.

High Competition

Many companies compete in the EV sector. This competition squeezes profit margins and market share, hurting especially smaller companies and penny stocks. Top firms may also face pressure to stay ahead.

Changing Rules and Policies

Governments sometimes change incentives or create new regulations for the EV industry. If they reduce or remove support, or add new costs for compliance, companies may see profits shrink and stock performance drop.

Unstable Supply Chains

Prices and availability of key materials, like lithium for batteries, can change quickly. Geopolitical issues or tough environmental rules may delay production or increase costs, posing risks to companies relying on these supplies.

Risk of Overvalued Stocks

Hype around the EV market sometimes causes stock prices to rise beyond what the business fundamentals support. If excitement fades or companies do not meet growth expectations, sharp price drops can follow, making these stocks volatile.

Factors to Consider When Investing in EV Stocks

Government Schemes and Policy Coverage

EV incentives have shifted from FAME II to EMPS and PM E-DRIVE, which fund charging networks and e-bus procurement. Concessional duties for premium EV imports are linked to investment and localisation milestones.

Battery Prices and Chemistry Choices

Global Li-ion pack prices averaged $115/kWh in 2024, down 20% year-on-year, with lower-cost LFP chemistries gaining ground. Local cell production timelines affect vehicle affordability and margins.

Public Charging Infrastructure

Charging points grew from 12,146 in February 2024 to 26,367 by April 2025, with plans for about 72,000 more. The profitability of it depends on station utilisation, tariffs, and strategic placement.

Segment Penetration Levels

EVs accounted for 7.8% of total vehicle sales in FY25, led by two-wheelers (6.2% of segment sales) and L5 passenger three-wheelers (22.8%). Passenger vehicle EV share crossed 4.1% in May 2025.

Domestic Manufacturing and Mineral Supply

Giga-scale cell plants under the ₹18,100 cr ACC PLI, critical mineral sourcing via KABIL, and the National Critical Mineral Mission aim to strengthen supply security and lower costs over time.

Market Cycles and Competition

E-bus demand remains tender-driven, with 10,900 buses tendered under PM E-DRIVE and 2,100 units registered in H1 2025. Two-wheeler markets continue to experience share shifts and price competition.

To Wrap It Up

The electric vehicle (EV) sector in India is rapidly expanding, bringing lots of opportunities for people looking to invest. However, the dynamic nature of this sector, characterised by swift technological evolutions and regulatory changes, underscores the importance of conducting thorough research before making any investment decisions. By being careful and making informed choices, you can make the most out of the growing EV market in India and help support a cleaner environment.

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Companies that are associated with the EV sector in India, based on publicly available information.

Frequently Asked Questions on EV Stocks

  1. What are EV Stocks?

    EV (Electric Vehicle) stocks represent shares of companies involved in the electric mobility ecosystem. This includes manufacturers of electric vehicles (2W, 3W, 4W), battery producers, component suppliers, charging infrastructure providers, and software firms supporting EV technologies.

  2. How to invest in EV Stocks in India?

    Here’s how you can invest in electric vehicle shares -

    1. Go to the Tickertape Stock Screener
    2. Click on 'EV Stocks'.
    3. Analyse and sort the EV Stocks using over 200+ filters including valuation ratios, financials, technical indicators, and more based on your investment thesis.
    4. Review the filtered ev shares list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred electric vehicle shares.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What are some of the top EV stocks on NSE?

    As of 11th December 2025, the top 5 electric vehicle shares based on market capitalisation are:
    1. Bharat Electronics Ltd
    2. Tata Motors Passenger Vehicles Ltd
    3. Samvardhana Motherson International Ltd
    4. Hero MotoCorp Ltd
    5. Bosch Ltd

    Disclaimer: The above EV shares list is for educational purposes only and should not be considered investment advice.

  4. What are the factors affecting EV share price?

    EV share prices in India are influenced by several factors:

    1. Government Policies: Incentives, subsidies (like FAME), and regulations significantly impact EV adoption and, consequently, stock performance.
    2. Infrastructure Development: The expansion of charging stations and related infrastructure boosts investor confidence.
    3. Technological Advancements: Innovations in battery technology and vehicle performance can drive stock valuations.
    4. Market Competition: The entry of new players and competitive pricing strategies affect market dynamics.
    5. Global Trends: International developments in the EV sector can influence investor sentiment in India.

  5. What is the future projection of EV stocks in India?

    The EV sector in India is poised for significant growth as the government aims to increase EV market share from 2.5% in 2024 to 30% by 2030. In April 2025, EV sales surged by 58% YoY. However, challenges like reduced subsidies have impacted certain segments, notably electric two-wheelers. Overall, the sector's outlook remains positive, driven by policy support and increasing consumer adoption.

    Disclaimer: This is only for educational purposes, as the latest data is derived from major financial research reports.

  6. How to choose EV stocks for investing?

    When evaluating EV stocks in India, consider companies involved in vehicle manufacturing, battery technology, or charging infrastructure. Key aspects include alignment with government schemes like FAME-II, expansion plans, partnerships with global players, and trends in EV adoption across segments like two-wheelers, passenger cars, and logistics.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. Do EV stocks offer regular dividends?

    While some established companies in the EV sector, like Tata Motors and Mahindra & Mahindra, have a history of dividend payments, many EV-focused firms reinvest profits to fuel growth and expansion. For instance, Olectra Greentech reported a 39% increase in profit in the quarter ended 31st March, 2025, but has not declared dividends, focusing instead on scaling operations. Investors seeking regular income should review individual company dividend policies.

    Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

  8. Are EV stocks in India a good investment for the long term?

    EV stocks benefit from India’s push for sustainable mobility, government incentives, and growing consumer adoption. However, the performance of EV stocks over the long term depends on various factors such as market demand, technological advancements, government support, and competition within the sector.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  9. Which green energy penny stocks are available in India?

    The following is the list of green energy penny stocks ranging from ₹10-₹20:
    1. Orient Green Power Company Ltd
    2. Indowind Energy Ltd
    3. Energy Development Company Ltd


      1. Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.