Archive · 16 Dec 2025
Indian Auto Parts Makers Eye Chinese Market Amid Western EV Slowdown
Some big car companies from the West, like Ford, are having trouble with their electric vehicles (EVs) and are spending less on them.
This is a problem for Indian companies that make parts for these cars.
Two of these Indian companies, Sona Comstar and Motherson, are now looking to work more with Chinese car companies.
Motherson is already working with many top Chinese carmakers, while Sona Comstar is being more careful.
Chinese car companies are growing fast, especially in places like Europe, which makes them an important new market for Indian auto parts makers.
Ford's $19.5 billion EV write-down highlights Western automakers' struggles with EV investments.
Motherson is already supplying seven of the top 10 Chinese carmakers and supporting their global production.
Sona Comstar is cautiously exploring opportunities in China, acknowledging potential business rationale if local dynamics change.
Western EV slowdown impacts Indian auto parts makers, with Sona Comstar's EV revenue declining 22% year-on-year.
Chinese carmakers are gaining market share in Europe, making them critical partners for Indian auto ancillaries.
- Who
- Indian auto parts makers (Sona Comstar, Motherson), Western automakers (Ford, Porsche, Volkswagen), Chinese carmakers (BYD)
- What
- Shift in focus to Chinese market due to Western EV slowdown
- When
- Ongoing in 2025, with Ford's announcement in November 2024
- Where
- Global, with focus on China, Europe, and the US
- Why
- Western automakers' reduced EV investments and Chinese market growth
- Ford's EV Write-Down
- $19.5 billion
- Motherson's Chinese Clients
- 7 out of top 10 Chinese carmakers
- Sona Comstar's EV Revenue
- 30% of automotive revenue (Q2 2025)
- Motherson's EV Order Book
- 22% (Q2 2025)
- BYD's EU Market Share
- 3.1% in battery electric vehicles (BEVs)