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Automobile
Haryana Auto Component Makers Revamp Business Models Amid EV Surge
✍️ The Times of India
🗓 18 Jul 2026, 07:18 PM
👁 86
The growing shift towards electric vehicles is compelling auto component manufacturers in Haryana to rethink and redesign their business strategies.
The transition to electric vehicles is reshaping the automotive supply chain across India, with Haryana's component makers at the forefront of the change.
Manufacturers are reassessing product lines, supply contracts, and technology adoption to align with the new market demands.
Industry experts say that adapting to EV‑specific components such as battery housings and power electronics is essential for staying competitive.
The shift also presents opportunities for local businesses to collaborate with EV OEMs and tap into emerging markets.
Manufacturers are reassessing product lines, supply contracts, and technology adoption to align with the new market demands.
Industry experts say that adapting to EV‑specific components such as battery housings and power electronics is essential for staying competitive.
The shift also presents opportunities for local businesses to collaborate with EV OEMs and tap into emerging markets.