What type of chargers will Varroc Engineering supply?

Varroc Engineering will supply AC bi-directional wall chargers.

How long is the contract between Varroc Engineering and the global EV OEM?

The contract is expected to run for six years.

Where will the EV chargers be manufactured by Varroc Engineering?

The AC bi-directional wall chargers will be manufactured at Varroc's facility in Romania.

Home / Business and Economy / Varroc Secures Global EV Charger Contract

Varroc Secures Global EV Charger Contract

3 Feb

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Summary

Varroc will supply AC bi-directional EV chargers for six years.
The contract is valued at approximately $48 million annually.
Chargers will be manufactured in Romania to global standards.

Varroc Secures Global EV Charger Contract

Varroc Engineering has announced a substantial six-year contract to supply AC bi-directional wall chargers to a major global electric vehicle (EV) original equipment manufacturer (OEM). This agreement represents a significant advancement for Varroc in the expanding electric mobility market.

The company will produce Energy Star-compliant chargers featuring high stability and advanced safety. Manufacturing will take place at Varroc's Romanian facility, adhering to stringent global quality and delivery benchmarks. The program is projected to span six years, with Varroc planning its manufacturing capacity to meet the OEM's anticipated volume requirements.

At its anticipated peak, the annual business value from this contract is estimated to reach ₹4,391 million, equivalent to approximately $48 million. This development highlights Varroc's dedication to providing sophisticated electronic solutions to its international OEM partners and its commitment to fostering safe, smart, and sustainable mobility worldwide.

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