L&T’s Electronics Business Partners EVR Motors to Manufacture EV Traction Motors in India

Written by: Team Angel OneUpdated on: 28 May 2026, 4:16 pm IST
L&T’s industrial electronics business has tied up with EVR Motors for local production of EV traction motor systems.
L&T’s Electronics Business Partners EVR Motors
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Larsen & Toubro’s industrial electronics business, L&T Electronic Products & Systems, has entered into a partnership with EVR Motors for the development and manufacturing of electric vehicle traction motors in India, as per a press release dated May 27, 2026. 

The proposed motors will be used across vehicle segments including 2-wheelers, 3-wheelers, passenger vehicles, and commercial vehicles. Production is planned at LTEPS’ facility in Coimbatore, Tamil Nadu. 

Focus on Domestic EV Supply Chain 

The companies are developing traction motors intended for Indian operating conditions. The systems are to focus on energy efficiency, compact design, and lower dependence on rare-earth materials commonly used in EV components. 

The motors will also be integrated with locally designed motor control units. These are expected to be supplied as complete drivetrain systems for automobile manufacturers in the country. 

Expansion of Industrial Electronics Business 

LTEPS was launched by Larsen & Toubro (L&T) in April 2026 as a dedicated industrial electronics vertical headquartered in Bengaluru. The business operates in areas including power electronics, industrial automation, mobility systems, robotics, and communication platforms. 

L&T has outlined plans to expand operations in Coimbatore across a 40-acre industrial zone. The site is to support activities including research and development, product engineering, and contract manufacturing. 

Companies Outline Partnership Scope 

Prashant Jain, Head of LTEPS, stated that the partnership is for developing locally manufactured EV powertrain systems for India’s mobility sector. 

EVR Motors Chief Executive Officer Opher Doron stated that the collaboration would support expansion of traction motor technology designed for Indian vehicle manufacturers. 

Read MoreYES Securities Faces NSE Ban on New Client Onboarding After Margin Rule Breach! 

Conclusion 

The development comes as automotive and component manufacturers increase investments in locally produced EV systems and supply chain infrastructure in India. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: May 28, 2026, 10:46 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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