The electric vehicle transmission industry focuses on developing transmission systems for electric and hybrid vehicles. Key players include automotive manufacturers and specialized suppliers advancing technological innovations. As markets shift towards greener alternatives, this sector plays a crucial role in enhancing performance and efficiency. With increasing consumer demand for sustainable transportation options, investments in battery technology and electric drivetrains are rising. The trend is clearly towards electrification, with newer models boasting improved range and dynamic performance, making electric vehicles a more appealing choice for consumers and businesses alike.

This list features 22 notable electric vehicle transmission companies headquartered across various regions, including Japan, Europe, and the Americas. Some were founded decades ago, while others are newcomers in the market. Company sizes range from small firms with under 100 employees to large corporations exceeding 10,000 staff. Their specializations vary from electric drivetrains and automotive components to advanced transmission solutions catering to evolving automotive needs.

Read on to discover the top electric vehicle transmission companies.

Top 22 Electric Vehicle Transmission Companies

1. Toyota Motor Corporation

• Website: toyota-global.com
• Ownership type: Corporate
• Headquarters: Toyota, Aichi, Japan
• Employee distribution: United States (USA) 37%, Japan 16%, South Africa 6%, Other 42%
• Latest funding: $675.0M, January 2021
• Founded year: 2018
• Headcount: 10001+
• LinkedIn: toyota

Toyota Motor Corporation, founded in 1937 and headquartered in Toyota City, Aichi, Japan, is a prominent automobile manufacturer. The company produces a wide array of vehicles, including hybrids and electric models, and is dedicated to innovative mobility solutions and sustainability. Toyota has been at the forefront of hybrid technology with its Prius model, which has set benchmarks in fuel efficiency and environmental impact. Recently, the company has intensified its focus on electric vehicles, investing in battery technology and aiming to expand its electric vehicle lineup. Toyota's production philosophy, known as the Toyota Production System, emphasizes efficiency and quality, which has been instrumental in its manufacturing processes. The company employs over 30,000 people globally and has a significant presence in markets such as the United States, Japan, and India. In January 2021, Toyota reported a funding amount of $675 million, indicating ongoing investment in its technological advancements and sustainability initiatives.

2. JATCO Ltd

• Website: jatco.co.jp
• Ownership type: Private
• Headquarters: Shizuoka, Shizuoka, Japan
• Employee distribution: South Korea 33%, Japan 20%, Mexico 16%, Other 31%
• Latest funding: Other (Grant), $14.7M, January 2025
• Founded year: 1999
• Headcount: 10001+
• LinkedIn: jatco

JATCO Ltd, founded in 1999 and based in Shizuoka, Japan, is an automotive parts manufacturer that specializes in the production of automatic transmissions and continuously variable transmissions (CVTs). The company serves major automotive manufacturers, providing essential components that enhance vehicle performance and efficiency. JATCO operates on a global scale, with a workforce distributed across South Korea, Japan, Mexico, China, and Thailand. The company is committed to innovation and sustainability, focusing on developing advanced transmission technologies that meet the demands of modern vehicles. Recently, JATCO has strengthened its electrified powertrain framework, aligning with industry trends towards electric mobility. Their involvement in projects related to electric-assist bicycles and participation in automotive engineering expositions further demonstrate their proactive approach to the evolving automotive landscape.

3. Punch Powertrain

• Website: punchpowertrain.com
• Ownership type: Corporate
• Headquarters: Sint-Truiden, Flanders, Belgium
• Employee distribution: Belgium 49%, India 20%, France 12%, Other 18%
• Latest funding: March 2016
• Founded year: 1972
• Headcount: 1001-5000
• LinkedIn: punch-powertrain

Punch Powertrain, founded in 1972 and based in Sint-Truiden, Belgium, is an automotive technology provider that specializes in innovative transmission and propulsion systems. The company has a workforce of around 630 employees and operates globally, with a significant presence in countries like India, France, and China. Punch Powertrain offers a comprehensive range of products tailored for electric mobility, including integrated eDrive systems, e-motors, inverters, and hybrid transmissions. Their hybrid offerings include mild and plug-in hybrid dual-clutch transmissions, while their conventional transmissions feature advanced dual-clutch and continuous variable transmission technologies. The company emphasizes collaboration and customization, working closely with automotive OEMs to meet specific client needs. Punch Powertrain is recognized for its commitment to innovation, as evidenced by its recent projects and advancements in electric vehicle technologies.

4. Rimac Automobili d.o.o.

• Website: rimac-automobili.com
• Ownership type: Private
• Headquarters: Sveta Nedelja, Zagreb, Croatia
• Latest funding: $90.0M, May 2019
• Founded year: 2009
• Headcount: 201-500
• LinkedIn: rimac-automobili-d-o-o-

Rimac Automobili d.o.o., founded in 2009 and based in Sveta Nedelja, Croatia, is an automotive manufacturer that specializes in electric sports cars and cutting-edge automotive technology. The company has made a name for itself by developing high-performance electric vehicles, notably the Rimac Nevera, which showcases their engineering prowess. Rimac not only produces electric hypercars but also designs and manufactures advanced components for the automotive industry, catering to both consumers and other automotive businesses. With a workforce of around 390 employees, Rimac has grown significantly since its inception, reflecting its commitment to innovation and performance in electric mobility. The company secured substantial funding of €90 million in 2019, which has likely supported its ambitious projects and technological advancements.

5. PUNCH Powerglide

• Website: punchpowerglide.com
• Ownership type: Private
• Headquarters: Strasbourg, Grand Est, France
• Employee distribution: France 100%
• Founded year: 1967
• Headcount: 1001-5000
• LinkedIn: punch-powerglide

PUNCH Powerglide, now operating under the name Dumarey Powerglide, is an automotive component manufacturer based in Strasbourg, France. Founded in 1967, the company has evolved from its origins as General Motors Strasbourg to become a key player in the transmission solutions sector. Dumarey Powerglide specializes in the development and production of advanced transmission systems, focusing on both conventional and hybrid technologies. Their product offerings include e-Drive components, automatic transmissions, and engineering services tailored for global automotive manufacturers. The company emphasizes sustainability and innovation, aiming to reduce carbon emissions through its engineering solutions. With a workforce of around 349 employees, Dumarey Powerglide is committed to meeting the evolving needs of the automotive industry, particularly in the context of electrification and hybridization of vehicles.

6. hofer powertrain

• Website: hoferpowertrain.com
• Ownership type: Corporate
• Headquarters: Germany
• Employee distribution: Germany 25%, United Kingdom (UK) 24%, Hungary 19%, Other 32%
• Latest funding: November 2021
• Founded year: 1980
• Headcount: 501-1000
• LinkedIn: hofer-powertrain

Hofer Powertrain, established in 1980, is a corporate entity based in Germany that specializes in powertrain solutions for the automotive sector. With a workforce of around 225 employees, the company has built a reputation for its engineering services and products that cater to the electrification and hybridization needs of automotive manufacturers and mobility companies. Over the past four decades, Hofer Powertrain has developed a comprehensive portfolio that includes electric drive units, hybrid drive units, and advanced transmission systems. Their expertise extends to battery and energy storage solutions, power electronics, and software functions, making them a key player in the transition towards electric mobility. The company operates globally, with a presence in multiple countries, and has collaborated with renowned vehicle manufacturers to advance electrification technologies. Hofer Powertrain's focus on innovation and efficiency positions them as a significant contributor to the automotive industry's shift towards sustainable powertrains.

7. Spicer Ejes Pesados S.R.L

• Website: dana.com.ar
• Ownership type: Private
• Headquarters: Grand Bourg, Buenos Aires, Argentina
• Employee distribution: Argentina 100%
• Founded year: 1904
• Headcount: 501-1000
• LinkedIn: spicerejespesadoss.a.

Spicer Ejes Pesados S.R.L, part of Dana Limited, is an automotive manufacturer based in Grand Bourg, Buenos Aires, Argentina. Founded in 1904, the company has a long-standing history in the automotive industry, specializing in power transmission and energy management solutions. They cater to a variety of markets, including light vehicles, commercial vehicles, and off-road equipment. Dana's commitment to innovation is evident in their focus on e-Mobility, where they provide integrated electric propulsion systems. Their products are designed to enhance efficiency and performance, addressing the evolving needs of the automotive sector, particularly in the context of electric vehicle technology.

8. Emotors

• Website: emotors.com
• Ownership type: Private
• Headquarters: Issy-Les-Moulineaux, Île-De-France, France
• Employee distribution: France 100%
• Founded year: 2018
• Headcount: 501-1000
• LinkedIn: nidec-psa-emotors

Emotors, founded in 2018 and based in Issy-Les-Moulineaux, France, is a joint venture between Stellantis Group and Nidec Leroy-Somer. The company focuses on electric drive systems tailored for the automotive industry, developing cutting-edge solutions that include full e-axles and various e-drives. With a workforce of approximately 740 employees, Emotors emphasizes sustainability and advanced technology in its operations. The company is committed to research and development, ensuring that its products meet the evolving needs of automotive manufacturers. Emotors aims to support the transition to electric mobility by providing innovative and competitive electric powertrain solutions for mild hybrid, plug-in hybrid, and battery electric vehicles.

9. Xtrac Ltd

• Website: xtrac.com
• Ownership type: Private Equity
• Headquarters: Thatcham, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 95%, United States (USA) 5%
• Latest funding: July 2023
• Founded year: 1984
• Headcount: 201-500
• LinkedIn: xtrac-ltd

Xtrac Ltd, founded in 1984 and based in Thatcham, England, is a manufacturer specializing in high-performance transmission systems tailored for motorsport and automotive applications. With a workforce of approximately 368 employees, the company has established itself as a key player in the competitive motorsport industry, providing innovative solutions that enhance vehicle performance. Xtrac serves a wide range of clients, including top racing teams and automotive manufacturers, and is recognized for its commitment to quality and reliability. The company has made significant strides in the electric vehicle sector, developing dedicated hybrid transmissions and electric drive units (EDUs). Their expertise is relied upon by many of the world's top motorsport teams, and they have been involved in high-profile projects, including supplying transmissions for the first electric Aston Martin and the new hybrid ‘LMDh’ class of endurance racing. Xtrac's focus on sustainability is evident in their commitment to reducing greenhouse gas emissions and transitioning from internal combustion engines to hybrid and electric vehicles.

10. AISIN World Corp. of America

• Website: aisinworld.com
• Ownership type: Private
• Headquarters: Northville, Michigan, United States (USA)
• Employee distribution: United States (USA) 91%, Mexico 5%, Other 4%
• Founded year: 1970
• Headcount: 201-500
• LinkedIn: aisin-world-corp--of-america

AISIN World Corp. of America serves as the North American sales headquarters for AISIN Corporation, a prominent automotive supplier founded in 1970. The company specializes in manufacturing essential automotive components, including transmissions, brakes, and navigation systems. With a workforce of approximately 576 employees, AISIN is dedicated to supporting automotive manufacturers with high-quality parts and technologies. Their focus on electrification and carbon neutrality reflects a proactive approach to the evolving automotive market. AISIN is recognized as one of the largest manufacturers of automatic transmissions globally, and they are actively involved in developing solutions for electric and hybrid vehicles. Their commitment to innovation is evident in their extensive research and development efforts aimed at enhancing vehicle performance and sustainability.

11. Volkswagen Automatic Transmission (Tianjin) Co., Ltd.

• Website: vwatj.com
• Ownership type: Private
• Headquarters: China
• Founded year: 2012
• Headcount: 5001-10000
• LinkedIn: vwatj

Volkswagen Automatic Transmission (Tianjin) Co., Ltd. (VWATJ) is an automotive manufacturer based in Tianjin, China, established in 2012. As a wholly owned subsidiary of the Volkswagen Group, VWATJ specializes in the production of high-quality transmissions and e-drives, serving primarily the automotive manufacturers within the Volkswagen Group. The company operates two plants in Tianjin, where it produces a range of products including double-clutch gearboxes and hybrid transmissions. VWATJ has positioned itself as a technical leader in the field, focusing on innovation and quality to meet the demands of modern automotive engineering. Their product offerings include the DQ500, DQ400e, and APP310, which are designed to enhance vehicle performance while reducing fuel consumption and emissions. VWATJ's commitment to developing advanced transmission technologies aligns with the industry's shift towards electric and hybrid vehicles, making them a key player in this evolving market.

12. IRP Systems

• Website: irpsystems.com
• Ownership type: Venture Capital
• Headquarters: Ness Ziona, Center, Israel
• Employee distribution: Israel 67%, India 20%, Spain 13%
• Latest funding: Series C, $31.0M, April 2021
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: irp-systems

IRP Systems, founded in 2015 and based in Ness Ziona, Israel, is an electric mobility company that specializes in high-performance e-powertrain systems and motor controllers tailored for electric vehicles. The company aims to make electric mobility accessible and efficient, contributing to environmental sustainability. With a workforce of approximately 85 employees, IRP Systems has established a global presence, with operations in Israel, India, and Spain. Their product portfolio includes advanced e-powertrains and motor controllers designed for various e-mobility platforms, including two, three, and four-wheelers. The company has received significant funding, including a Series C round of $31 million in 2021, which underscores their growth trajectory and the market's interest in their innovative technologies. IRP Systems is committed to reducing CO2 emissions through their products, which are developed in compliance with stringent safety standards, ensuring durability and quality for end-users.

13. Tsuyo Manufacturing Pvt LTD

• Website: tsuyo.co.in
• Ownership type: Corporate
• Headquarters: New Delhi, Delhi, India
• Employee distribution: India 100%
• Latest funding: December 2022
• Founded year: 2020
• Headcount: 51-200
• LinkedIn: tsuyo-manufacturing-pvt-ltd

Tsuyo Manufacturing Pvt LTD, established in 2020 and based in New Delhi, India, specializes in the design and production of electric vehicle components. The company focuses on innovative solutions, offering a range of products including electric motors, drives, gearboxes, and e-axle systems. Tsuyo serves various automotive manufacturers, providing high-quality components that enhance electric vehicle performance. The founders bring over 15 years of experience from notable companies such as Tata Motors and Samsung, which adds credibility to their operations. Tsuyo is committed to sustainability and aims to contribute significantly to the evolving electric vehicle market. Their recent recognition at industry events and awards for technology and innovation further underscores their active role in the sector.

14. Litens Automotive Group

• Website: litens.com
• Ownership type: Private
• Headquarters: Vaughan, Ontario, Canada
• Employee distribution: Canada 52%, Brazil 22%, India 7%, Other 19%
• Founded year: 1979
• Headcount: 1001-5000
• LinkedIn: litens-automotive

Litens Automotive Group, founded in 1979 and based in Vaughan, Ontario, Canada, is a private automotive component manufacturer. The company specializes in powertrain system engineering and innovative technologies, catering primarily to automotive manufacturers. Litens offers a range of products that include electric vehicle (EV) technologies, hybrid technologies, and internal combustion engine (ICE) technologies. Their commitment to sustainability is evident in their engineering practices and product designs, which aim to improve vehicle performance while minimizing environmental impact. With a workforce of over 700 employees and operations in multiple countries, Litens plays a significant role in the automotive industry, focusing on enhancing vehicle efficiency and performance through advanced engineering solutions.

15. Kalyani Powertrain Ltd

• Website: kalyanimotive.com
• Ownership type: Private
• Headquarters: Pune, Maharashtra, India
• Employee distribution: India 100%
• Founded year: 2020
• Headcount: 501-1000
• LinkedIn: kalyanimotive

Kalyani Powertrain Ltd, founded in 2020 and based in Pune, Maharashtra, is a private automotive technology provider focused on electric vehicle solutions. As a wholly-owned subsidiary of Bharat Forge Ltd, the company aims to cater to the growing demand for sustainable mobility. Kalyani Powertrain offers a comprehensive range of products, including electric powertrains, power electronics, and advanced battery technologies. Their solutions are designed for automotive manufacturers and logistics companies, addressing the need for efficient and eco-friendly transportation. The company has developed in-house technologies and partnered with global firms to enhance their offerings, ensuring they meet the specific requirements of the Indian market. Kalyani Powertrain is actively involved in the electrification of two-wheelers, three-wheelers, four-wheelers, buses, and trucks, providing both sub-systems and complete powertrain solutions.

16. Dynamic Manufacturing, Inc.

• Website: dynamicmanufacturinginc.com
• Ownership type: Corporate
• Headquarters: Hillside, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: March 2019
• Founded year: 1955
• Headcount: 1001-5000
• LinkedIn: dynamic-manufacturing-inc-

Dynamic Manufacturing, Inc., founded in 1955 and based in Hillside, Illinois, specializes in the remanufacturing of automotive drivetrain components. The company serves original equipment manufacturers (OEMs) by providing high-quality remanufactured products that meet original specifications. With a strong emphasis on sustainability, Dynamic operates multiple facilities and offers comprehensive services in remanufacturing, machining, and logistics management. Their capabilities extend to electric vehicle battery testing, where they manage the entire lifecycle of EV batteries, from inspection and testing to remanufacturing and recycling. This positions them as a significant player in the automotive industry, particularly as the demand for electric vehicles continues to grow. Dynamic Manufacturing is also recognized for its commitment to quality and customer satisfaction, having been awarded the Supplier of the Year by General Motors multiple times. Their operations are powered by renewable energy, reflecting their dedication to sustainable practices in the automotive sector.

17. Woosu Automotive India Pvt LTD

• Website: woosu.co.kr
• Ownership type: Private
• Headquarters: Changwon-Si, Gyeongsangnam-Do, South Korea
• Employee distribution: India 100%
• Founded year: 1983
• Headcount: 501-1000
• LinkedIn: woosu-automotive-india-pvt-ltd

Woosu Automotive India Pvt LTD, also known as WOOSU AMS, is an automotive parts manufacturer based in Changwon-Si, Gyeongsangnam-Do, South Korea. Founded in 1983, the company specializes in high-quality components for electric vehicles, transmissions, and engines. With a workforce of approximately 235 employees, Woosu Automotive serves major automotive manufacturers, providing critical parts that enhance vehicle performance and reliability. The company has a strong focus on innovation and research, having established an R&D center dedicated to developing new technologies and products. Woosu Automotive is positioned to meet the demands of the rapidly changing automotive industry, particularly in the electric vehicle sector, where they supply various components essential for electric vehicle operation and efficiency.

18. Dana Brasil

• Website: dana.com.br
• Ownership type: Private
• Headquarters: Brazil
• Employee distribution: Brazil 100%
• Founded year: 1947
• Headcount: 1001-5000
• LinkedIn: dana-brasil

Dana Brasil, founded in 1947, is a prominent automotive manufacturer based in Brazil, specializing in transmission and propulsion systems for light vehicles, commercial vehicles, and off-road applications. The company serves original equipment manufacturers (OEMs) and end-market customers, focusing on enhancing vehicle performance and efficiency. Dana Brasil operates globally, leveraging its extensive experience in the automotive sector. A notable aspect of their operations is their commitment to e-mobility, where they provide solutions for both traditional and electrified powertrains. This positions them well within the electric vehicle market, as they cater to the evolving needs of the automotive industry. Their innovative approach and technological advancements in transmission systems reflect their dedication to meeting the demands of modern mobility.

19. Inmotive Inc.

• Website: inmotive.com
• Ownership type: Venture Capital
• Headquarters: Toronto, Ontario, Canada
• Employee distribution: Canada 100%
• Latest funding: October 2023
• Founded year: 2010
• Headcount: 11-50
• LinkedIn: inmotive

Inmotive Inc., based in Toronto, Ontario, is an automotive technology firm founded in 2010. The company is dedicated to advancing clean technology for electric vehicles, primarily through its innovative Ingear 2-speed transmission. This transmission system is designed to improve the efficiency and affordability of electric vehicles, making them more appealing to consumers and manufacturers alike. Inmotive's technology allows for significant energy savings, with claims of using 7-15% less energy compared to conventional EVs. Their primary clientele includes automotive manufacturers looking to enhance their electric vehicle offerings. Inmotive operates with a commitment to innovation and sustainability, aiming to play a pivotal role in the transition to net-zero emissions. The company has also made strides in commercialization, recently entering a second phase of a joint development agreement with Suzuki to implement their Ingear technology in future electric vehicles.

20. Protean Electric

• Website: proteanelectric.com
• Ownership type: Corporate
• Headquarters: Farnham, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 84%, China 16%
• Latest funding: Other (Grant), September 2023
• Founded year: 2008
• Headcount: 51-200
• LinkedIn: protean-electric

Protean Electric is an automotive technology firm based in Farnham, England, established in 2008. The company focuses on in-wheel motor technology, which allows for the integration of electric motors directly into the wheels of vehicles. This innovative approach provides significant advantages in terms of vehicle performance, efficiency, and design flexibility. Protean Electric serves a global clientele, including automotive manufacturers looking to enhance their electric vehicle offerings. The company has developed a robust patent portfolio, with over 320 patents across various technology families, underscoring its commitment to innovation in the electric vehicle sector. Recently, Protean Electric was awarded a £5.5 million grant to further advance its in-wheel motor technology, demonstrating its active role in the industry and its potential to contribute to the future of electric mobility.

21. Volkswagen Group China

• Website: volkswagengroupchina.com.cn
• Ownership type: Corporate
• Headquarters: Beijing, Beijing, China
• Employee distribution: China 99%
• Latest funding: May 2020
• Founded year: 1984
• Headcount: 10001+
• LinkedIn: volkswagen-group-china

Volkswagen Group China, founded in 1984 and headquartered in Beijing, is a prominent automobile manufacturer in China. The company produces and sells a wide range of vehicles, including passenger cars, commercial vehicles, and electric vehicles. With a workforce exceeding 9,000 employees, Volkswagen Group China operates numerous factories across the country, focusing on both traditional and electric vehicle production. The company has made significant investments in electric mobility, establishing joint ventures such as the one with Jianghuai Automobile Group to manufacture electric vehicles. Their strategic initiatives include the launch of a new research and development center dedicated to smart and connected vehicles, further enhancing their capabilities in the EV sector. Volkswagen Group China is committed to sustainability, aiming for carbon neutrality across its product lifecycle by 2050, and actively participates in corporate social responsibility initiatives that support environmental and social development.

22. Curtis Instruments

• Website: curtisinstruments.com
• Ownership type: Corporate
• Headquarters: Mount Kisco, New York, United States (USA)
• Employee distribution: United States (USA) 43%, United Kingdom (UK) 15%, India 14%, Other 28%
• Latest funding: January 2022
• Founded year: 1960
• Headcount: 1001-5000
• LinkedIn: curtis-instruments

Curtis Instruments, Inc., based in Mount Kisco, New York, has been a significant player in the electric vehicle technology sector since its inception in 1960. The company specializes in manufacturing motor controllers, battery chargers, and instrumentation tailored for electric vehicles. Their products are utilized by various manufacturers and operators, ensuring optimal performance and efficiency in electric vehicle operations. Curtis Instruments emphasizes engineering support and integrated systems, which enhances their value proposition in the market. With a workforce of over 500 employees and a global presence, including operations in the UK, India, and Puerto Rico, Curtis Instruments continues to be a relevant and active participant in the electric vehicle industry.

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