Varroc Engineering wins $48M EV charger supply deal with global EV maker
News, 4 February 2026
Indian auto component giant Varroc Engineering has secured a significant new contract to supply AC bi-directional wall chargers to a major global electric vehicle (EV) manufacturer, marking a major step in the company’s growing footprint in the electric mobility space. The multi-year agreement, valued at around ₹4,391 crore (approximately USD 48 million) at peak annual capacity, will see Varroc manufacture Energy Star-compliant bi-directional chargers designed for safe, efficient, and flexible EV charging. These chargers can not only power vehicles from the grid but also support emerging vehicle-to-grid (V2G) energy flows a key capability as EV ecosystems evolve and grid integration becomes increasingly important.
Under the deal, expected to span six years, production of these advanced chargers will take place at Varroc’s well-established facility in Romania, ensuring global quality standards and reliable delivery timelines. The agreement underscores the company’s strategic push beyond traditional auto components into critical electric mobility infrastructure, expanding its product portfolio to meet surging demand from EV makers worldwide. Dhruv Jain, CEO of Business II at Varroc, described the win as a reaffirmation of the company’s commitment to delivering “world-class electronics solutions” that enable “safe, smart, and sustainable mobility” across global markets.
This development comes at a pivotal time for Varroc, which has been actively transforming its offerings to align with the automotive industry’s rapid shift toward electrification, connectivity, and clean energy solutions. By securing this high-value charger contract, Varroc not only strengthens its global EV supply chain presence but also positions itself as a trusted partner for leading EV OEMs looking for advanced charging technology. With bi-directional chargers playing an increasingly important role in supporting renewable integration and flexible energy services, the deal opens doors for Varroc to participate in the broader energy-mobility convergence trend shaping the future of transportation.
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