Note: The data is from 27th August 2024, and the top EV companies in India are sorted according to their 1-yr return.

Albemarle is one of the world's top lithium producers -- a key ingredient in most EV batteries. The mining and base materials company has narrowed its focus on lithium in recent years.

3. Regulatory and Policy Changes

Japanese conglomerate Panasonic is a large producer of EV batteries and has been a partner and supplier of Tesla for many years. The two companies first entered into a supply agreement in 2009. Although Panasonic is no longer Tesla's exclusive battery supplier, the company continues to produce a high volume of batteries for the EV carmaker via their "gigafactory" joint venture.

Further information elecrtic car stocks

Automakers, which manufacture cars, trucks, and sport utility vehicles, including electric vehicles (EVs)

Competition in the car industry

Clicking on any country will show how sales have changed over time.

The company has a market capitalisation of Rs. 28,765.18 cr., with a closing price of Rs. 1,571.65. The PE ratio stands at 30.79, and the stock has delivered a 1-yr return of 151.16%.

1. BYD