Archive · 29 Jul 2026
L&T Expands into EV Components
Larsen & Toubro, a big company that builds infrastructure and makes technology, is now making parts for electric vehicles (EVs).
These parts include things like motors and systems that help cars drive themselves.
L&T wants to make these parts in India to reduce the need for imports and better suit local conditions.
They have already secured orders and are talking to more companies.
This move is part of a bigger trend where Indian companies are investing in EV technology to support the growing market.
L&T's high level of localization, especially for traction motors, is a key advantage.
They are competing with both local and international companies in this space.
L&T is expanding into EV components like traction motors and ADAS.
The company has secured orders and is in talks with vehicle manufacturers.
L&T aims for high localization (98% for traction motors) to reduce import dependency.
EV sales in India surged 25% in FY26, crossing 2.4 million units.
L&T competes with local players like Samvardhana Motherson and global companies like Bosch.
- Who
- Larsen & Toubro Ltd (L&T)
- What
- Expansion into EV components like traction motors and ADAS
- When
- Ongoing, with orders secured and talks in progress
- Where
- India, with manufacturing in Coimbatore, Tamil Nadu
- Why
- To capitalize on the growing EV market and promote energy security through localization and import substitution
Domestic Production Advocates
Global Component Companies
Localization and Import Substitution
Domestic Production Advocates
L&T emphasizes high localization (98% for traction motors) to reduce dependency on imports and better suit Indian conditions.
Global Component Companies
Global companies like Bosch and Continental offer established, internationally sourced components with advanced technology.
- Company
- Larsen & Toubro Ltd (L&T)
- EV Components
- Traction motors, drive control units, ADAS
- Localization Level
- 98% for traction motor components
- Key Competitors
- Samvardhana Motherson, Sona Comstar, Bosch, Continental
- EV Sales Growth
- 25% surge in FY26, crossing 2.4 million units
- Import Value
- $25.4 billion in FY26
- Manufacturing Location
- Coimbatore, Tamil Nadu