The electric vehicle power conversion industry is an intricate force within the larger electric vehicle (EV) market. It comprises of companies that spearhead innovative technologies such as designing and manufacturing power electronics, motors for EVs, and assembly systems for powertrain. These companies play an integral role in the efficiency of electric vehicles by converting and controlling the power used. The future of this industry is optimistic, as the world progressively embraces environmentally-friendly transport solutions.


Top 25 Electric Vehicle Power Conversion Companies

1. LG Magna e-Powertrain

  • Website: lgmagna.com
  • Headquarters: Incheon, Korea (the Republic of)
  • Founded: 2021
  • Headcount: 1001-5000
  • LinkedIn

LG Magna e-Powertrain is a company specializing in power electronics and electric motors for electric vehicles. They offer integrated solutions for efficient and dynamic EVs, with a commitment to sustainability and environmental responsibility. Their advanced integration capabilities allow them to engineer systems that fit any EV, driving the future of mobility.


2. Jendamark Automation

  • Website: jendamark.co.za
  • Headquarters: Port Elizabeth, Eastern Cape, South Africa
  • Founded: 1989
  • Headcount: 501-1000
  • LinkedIn

Jendamark is an internationally acknowledged company that designs and manufactures assembly systems for powertrain, catalytic converters, canning lines, and end-of-line. They offer modular training seminars based on certified quality standards. Their practical training is provided by experienced instructors. They specialize in battery pack and power electronics assembly systems for the electric vehicle market.


3. Pulead Technology Industry Co., Ltd.

Pulead.com.cn is a high-tech company that specializes in the research, development, production, sales, and services of lithium-ion battery materials, electric vehicle power battery packs, and energy storage battery packs.


4. Enatel

  • Website: enatel.net
  • Headquarters: Christchurch, Canterbury, New Zealand
  • Founded: 2002
  • Headcount: 201-500
  • LinkedIn

Enatel is a world-leading designer and manufacturer of DC power management, power conversion, and energy storage technology. They offer high-efficiency modular battery chargers for industrial fleets, helping to cut operating costs for various types of small electric vehicles. Their Core 4 feature set ensures reliable and cost-effective charging solutions for warehouse lift trucks and airport ground crew vehicles.


5. Axiom Energy Conversion Ltd

Axiom is the largest manufacturer of Chargers and DC-DC Converters for Electric Vehicles in India. They provide world-class infrastructure and powertrain solutions for EVs, offering reliable, simple, and compact products. With a production capacity of 750k chargers per year, they serve over 150 OEMs.


6. BRUSA Elektronik AG

  • Website: brusa.biz
  • Headquarters: Buchs, Sankt Gallen, Switzerland
  • Founded: 1985
  • Headcount: 201-500
  • LinkedIn

BRUSA is a leading supplier and expert for Power Electronics, serving customers in on-highway, off-highway, and stationary applications. They specialize in energy conversion and offer innovative solutions for inductive charging and drive trains.


7. Enginer

Enginer offers a solar power generator and plug-in add-on kit for vehicles, allowing customers to reduce gasoline consumption and improve gas mileage. Their solution is cost-effective and has a longer range compared to competitors. With easy installation and a 12-month no interest payment option, customers can enjoy the benefits of their hybrid vehicle and save on fuel costs.


8. FreeWire Technologies

  • Website: freewiretech.com
  • Headquarters: San Leandro, California, United States
  • Founded: 2014
  • Headcount: 51-200
  • Latest funding type: Series D
  • LinkedIn

FreeWire Technologies offers scalable deployment of ultrafast electric vehicle charging solutions that reduce time and cost compared to conventional solutions. Their battery technology, power conversion technology, and software provide a flexible and fully-integrated solution for retail, fleet, utility, and municipal customers.


9. Watt & Well

Watt & Well is an innovative company specializing in power electronics and power conversion. With a strong reputation in the industry, we provide solutions for improving efficiency in e-mobility, including electric vehicles and hydrogen fuel cell technology. Our world-leading R&D centers and trusted partnerships with companies like ArianeGroupe and Groupe Renault showcase our expertise and commitment to sustainable energy solutions.


10. American Traction Systems

American Traction Systems is a company specializing in power conversion solutions for various industries including rail, marine, and electric vehicles. They design and manufacture traction inverters, DC/DC choppers, battery chargers, power supplies, and other power conversion equipment.


11. UnitedSiC is now Qorvo

  • Website: unitedsic.com
  • Headquarters: Princeton, New Jersey, United States
  • Founded: 1999
  • Headcount: 11-50
  • Latest funding type: Acquired
  • LinkedIn

UnitedSiC is a company that offers advanced SiC (Silicon Carbide) power semiconductors. Their products include SiC FETs, SiC JFETs, and SiC Schottky Diodes, known for their industry-leading performance and design flexibility. They provide technical resources, such as app notes, user guides, and white papers, to support the design of efficient power converter solutions. UnitedSiC aims to enable new frontiers in inverters and circuit protection, empowering industries like electric vehicles and renewable energy.


12. Power Electronics

Power Electronics is a company that specializes in power electronics solutions, offering a wide range of products and services for energy storage, mobility, and solar applications. They provide innovative and sustainable solutions to help customers harness the power of electricity and contribute to a cleaner and more sustainable future.


13. Rectifier Technologies

Rectifier Technologies is a company that specializes in developing and manufacturing high efficiency power conversion products with a commitment to reliability. With experience in high-power electronic assemblies and volume manufacturing since 2004, the company is dedicated to manufacturing excellence and the highest standards of quality.


14. Eggtronic

  • Website: eggtronic.com
  • Headquarters: Long Beach, California, United States
  • Founded: 2012
  • Headcount: 51-200
  • Latest funding type: Series B
  • LinkedIn

Eggtronic is a company specializing in revolutionary power electronics and energy storage solutions.


15. Turbo Power Systems (tps)

  • Website: turbopowersystems.com
  • Headquarters: Gateshead, Tyne And Wear, United Kingdom
  • Founded: 1993
  • Headcount: 51-200
  • Latest funding type: Ipo
  • LinkedIn

Turbo Power Systems is a global company specializing in power conversion equipment and power electronic solutions. They offer a diverse range of products for various industries, including railway platforms, smart grid reinforcement, and distributed generation.


16. Triphase

  • Website: triphase.com
  • Headquarters: Holsbeek, Vlaams Brabant, Belgium
  • Founded: 2006
  • Headcount: 11-50
  • LinkedIn

Triphase.com offers automated test and measurement solutions for high-power electric vehicle drivetrain components like battery packs and traction inverters. They provide these solutions through NI channels and their website.


17. SemiQ

  • Website: semiq.com
  • Headquarters: Lake Forest, California, United States
  • Headcount: 11-50
  • LinkedIn

SemiQ is a company that designs, develops, and manufactures Silicon Carbide (SiC) Power Semiconductors, SiC Power Modules, and SiC Epi Wafers. They provide robust 650VDC SiC Schottky Diodes, SiC MOSFETs, and 3rd Generation SiC Diode Modules. Additionally, SemiQ offers power conversion application expertise and serves various end markets including Electric Vehicle Chargers, Power Factor Correction, Power Supplies, Solar Panel Inverters, Welding, Medical Equipment, and Motor Drives.


18. AmePower

  • Website: amepower.com
  • Headquarters: Miami, Florida, United States
  • Founded: 2002
  • Headcount: 11-50
  • LinkedIn

AmePower is a global leader specializing in Design, Retrofitting, Modernization and Manufacturing of customized High Power Energy Converters. They offer reliable and efficient power electronics components from recognized manufacturers worldwide, along with retrofit contract services to improve the efficiency and reliability of Rail and Electric Vehicles, Solar, Wind Turbine, and Energy Storage systems.


19. Leapers Semiconductor Co., Ltd.

  • Website: leapers-power.com
  • Headquarters: Wuxi, Anhui, China
  • Founded: 2019
  • Headcount: 51-200
  • Latest funding type: Series A
  • LinkedIn

Leapers Semiconductor is a leading provider of power semiconductor solutions. They offer high voltage platforms, SiC power modules, IGBT modules, solar inverters, energy storage systems, and industrial automation solutions.


20. Eco Stor As

ECO STOR offers the best energy storage solutions by combining advanced technology, power conversion solutions, and energy management software. They select and repurpose batteries from leading OEMs to provide ready-to-use scalable energy storage systems.


21. Solantro Semiconductor Corp

  • Website: solantro.com
  • Headquarters: Ottawa, Ontario, Canada
  • Founded: 2009
  • Headcount: 11-50
  • Latest funding type: Acquired
  • LinkedIn

Solantro Semiconductor is a company that specializes in designing and manufacturing chips for measuring, processing, and driving complex power architectures from distributed energy resources. Their products include advanced digital power processors and analog power managers. With a focus on digital power processing chipsets, Solantro enables efficient energy management and optimization for a variety of applications.


22. Hillcrest Energy Technologies

  • Website: hillcrestenergy.tech
  • Headquarters: Vancouver, British Columbia, Canada
  • Founded: 2006
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Hillcrest Energy Technologies is a clean technology company that develops and optimizes clean energy technologies. They bring together a global team of experts in control software, power electronics, and commercialization to create shareholder value through clean energy solutions.


23. US Hybrid

  • Website: ushybrid.com
  • Headquarters: Torrance, California, United States
  • Founded: 1999
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

US Hybrid provides data-backed solutions in electric and hybrid vehicle systems and components, enabling clients to achieve more reliable, fuel-efficient, and lower emissions operations for public and private transportation vehicles.


24. KNBT Private Limited

KNBT Private Limited (K&B Technologies) is a company that manufactures, sources and supplies a wide range of high-quality and cutting-edge electrical and electronics technology products and solutions to improve efficiency and optimize the value proposition in various business portfolios.


25. Stellar Power

Stellarpower.net is a company that provides innovative and reliable power and energy solutions to a range of industries, including residential, commercial, and industrial.


Want to find more electric vehicle power conversion companies?


If you want to find more companies that offer powertrain and battery pack assembly, power electronics and electric motors you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!