Varroc Engineering has been awarded a strategic contract to supply AC-Bi Directional Wall Chargers to a leading global Electric Vehicle OEM. The chargers, engineered for high stability and safety, will be manufactured in Varroc’s Romanian facility. The program is expected to last six years, with peak annual business valued at approximately ₹4,391 million (USD 48 million).
Strategic Contract Award
Varroc Engineering has secured a strategic contract for AC-Bi Directional Wall Chargers with a leading Global Electric Vehicle OEM. This agreement, announced on February 6, 2026, marks a significant step in Varroc’s strategic direction within the electric vehicle component market.
Charger Specifications and Production
The supplied chargers will be Energy Star-compliant AC bi-directional wall chargers, designed for high stability, advanced safety, and seamless EV charging. The production of these chargers will be carried out at Varroc’s established facility in Romania, ensuring high-quality manufacturing and timely deliveries that meet global standards.
Projected Timeline and Value
The program is expected to span six years. The estimated annual business value at peak capacity is approximately ₹4,391 million (USD 48 million), indicating a substantial revenue stream for Varroc Engineering over the contract period.
Source: BSE
