With a strong push toward sustainability and emission-free mobility, both Delhi and Maharashtra have rolled out progressive Electric Vehicle (EV) policies. These include direct subsidies, tax exemptions, and purchase incentives, alongside a long-term vision to restrict fossil fuel vehicle usage in urban areas.

This paves the way for accelerated EV adoption and infrastructure development — offering a high-potential opportunity for long-term investors.

As a SEBI Registered Research Analyst, I have curated a list of 5 high-conviction stocks expected to benefit significantly from the evolving EV ecosystem.

🔋 Top 5 Long-Term Stocks to Ride the EV Revolution

1. Tata Motors Ltd

With strong EV offerings like Nexon EV and Tiago EV, Tata Motors is a leader in India’s electric vehicle space. Backed by the Tata Group and consistent product innovation, it stands well-positioned for future growth.

2. Mahindra & Mahindra Ltd

M&M is investing over ₹10,000 crore in its EV strategy and has introduced its Born Electric platform, targeting both urban and rural electric mobility solutions.

3. Tata Power Ltd

A key player in the EV charging space, with over 4,000 public chargers and counting. It is also strengthening its position in renewable energy to power clean mobility.

4. Exide Industries Ltd

A legacy battery manufacturer now pivoting to lithium-ion technology through strategic JVs. Strong presence in the auto segment and R&D investments make Exide a serious EV component player.

5. NTPC Green Energy Ltd

NTPC’s green energy subsidiary is entering the EV charging and renewable power space, leveraging its parent’s infrastructure and government support.

🔐 Want 2 More Potential Multibagger EV Stocks?

We’ve identified 2 additional stocks that are under research coverage and will be released exclusively to our Telegram community.

👉 Join here: https://telegram.me/agsebiranalyst
💡 Don’t miss the next EV wave!

🔍 Disclosures & Disclaimer (As per SEBI Research Analyst Regulations, 2014):

1. Registration Details:
   CA Akash Garg is a SEBI Registered Research Analyst with Registration No. INH000011501 under SEBI (Research Analyst) Regulations, 2014.

2. Ownership Disclosure:
   I, CA Akash Garg, and my associates do not have any financial interest or beneficial ownership of more than 1% in any of the companies mentioned above at the time of writing this blog.

3. Conflict of Interest:
   There are no material conflicts of interest between me/my firm and any company whose securities are recommended in this report.

4. Receipt of Compensation:
   I have not received any compensation or other benefits from the companies mentioned above or any third party in the past 12 months for this specific recommendation.

5. Research Analyst Certification:
   I, CA Akash Garg, certify that the views expressed herein accurately reflect my personal views about the securities and companies discussed.

6. Investment Risk Warning:
   Investment in securities market is subject to market risk. Read all the related documents carefully before investing. Past performance is not indicative of future results.

7. General Disclaimer:
   The securities quoted are for illustration purposes only and are not recommendatory. This blog is intended for informational and educational purposes only and should not be construed as investment advice.

8. Redistribution Warning:
   Unauthorized distribution, reproduction, or dissemination of this report is prohibited.