Mumbai: May 16, 2025: Belrise Industries, a Tier 1 component manufacturer based in Aurangabad, has announced plans to work with two Chinese companies to manufacture hub motors for electric two- and three-wheelers, as well as to begin domestic production of EV chargers.
Based on these manufacturing plans, the company intends to establish itself as a comprehensive player in India’s electric vehicle ecosystem, increasing its content per electric vehicle from 15-20% to 20-25% by expanding into the hub motor and EV charger segments.
Belrise has already chosen Pune as the manufacturing location for its hub motor and electric vehicle charger, according to company officials on the eve of its Rs 2764 crore initial public offering in Mumbai.
Company officials told EV Story that manufacturing would begin at the end of the fiscal year 2026.
Belrise currently operates 17 manufacturing facilities in India and offers over 1,000 powertrain-agnostic products for the internal combustion engine (ICE) and electric vehicle (EV) markets.
Notable clients include Hero MotoCorp, Bajaj Auto, Jaguar Land Rover, and Honda Motorcycle & Scooter India. Company officials say it also exports to Austria, Slovakia, the United Kingdom, Japan, and Thailand.
Belrise manufactures metal chassis systems, polymer parts, suspensions, exhausts, body-in-white, and other components for two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and agricultural vehicles.
