Electric vehicle stocks India NSE are shares of firms that make and sell electric automobiles. Around ten enterprises deal in two-wheelers, three or four in the bus category, and very few in the vehicle production segment. So, for your next major investment, you might acquire electric vehicle stocks for these companies.
Climate change is the primary reason why people are shifting to electric automobiles. According to the EPI (Environmental Pollution Index), India ranks 168th out of 180 countries in terms of air quality. To counteract this issue, the government has pushed for the adoption of electric vehicles, with the goal of reaching 100% electrification by 2030.
Electric vehicles will be around for a long time, and because our government is pushing hard for everyone to switch to EVs, more players will develop in this industry. As a result, the EV sector is experiencing significant growth and opportunity. When you see the government focused on this area, stock prices will undoubtedly rise, providing you with excellent returns.
Here are the stocks for Electric vehicle stocks India nse which you can invest right now:
Reliance Industries – Electric vehicle stocks India nse
Reliance Industries is a well-known name in the oil, chemical, retail, and financial services industries, among others. Investing in Reliance Industries is always a safe bet because it is a rising segment. The Oils to Chemical category includes logistics, aviation fuel, supply-chain infrastructure, and other services. While aromatics, refinery off-gas, multi-feed, and other products are included in its Oil and Gas division.
TVS Motors Company – Electric vehicle stocks India nse
TVS has long been associated with two- and three-wheelers, as well as other accessories. They have produced a number of scooters and motorbikes that have left their imprint on the market. With the release of their EV bike, they have returned to the market with something new and have so entered the EV stocks list.
Tata Motors – Electric vehicle stocks India nse
Tata Motors is well-known throughout the world for producing a wide range of automobiles. They offer a diverse portfolio that includes sports cars, utility vehicles, trucks, buses, and defense vehicles. Many of their utility vehicles are available as electric vehicles and are regarded as among the best. Tata Motors collaborates with companies such as Tata Steel for the body of their EVs and Tata Chemicals for batteries. Their improved performance has made them well-known electric vehicle stocks in India.
Indian Oil Corporation – Electric vehicle stocks India nse
Indian Oil Corporation is an oil firm with segments that include petrochemicals, petroleum, and other commercial products. Indian Oil Corporation has a large name in the stock market, and because it has partnered to build up charging stations for EVs, it has made an appearance in EV stocks in India. Indian Oil Corporation wanted to give a seamless EV driving experience to all users while achieving zero carbon emissions.
Mahindra and Mahindra – Electric vehicle stocks India nse
Mahindra and Mahindra Ltd., like Tata and TVS, needs no introduction; the company makes utility vehicles, trucks, tractors, and other farm equipment. They have their name in aircraft, boats, sustainable energy, consultancy, and a variety of other industries. Mahindra and Mahindra Ltd. has long been one of the most popular EV stocks. It has several EVs on the market, the ability to produce batteries, and has invested in marketing EV charging stations.
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