
Varroc Engineering Wins Strategic Contract for AC-Bi-Directional Wall Charger with Leading Global EV OEM
Varroc Engineering, a leading global Tier-1 automotive supplier, has announced a significant new business win with a leading global electric vehicle (EV) OEM for the supply of AC-bi-directional wall chargers. This strategic partnership, valued at approximately USD 48 million, marks an important milestone in Varroc’s continued expansion within the electric mobility ecosystem and reinforces its position as a trusted global partner for advanced automotive technology solutions. The chargers will be manufactured at Varroc’s established facility in Romania, with production expected to span six years and peak annual capacity aligned with forecasted volumes. This business win underscores Varroc’s commitment to delivering world-class electronics solutions and strengthens its footprint in the global passenger vehicle electronics market.
Key Highlights
- Varroc wins strategic contract with leading global EV OEM for AC-bi-directional wall chargers
- Deal valued at approximately USD 48 million
- Production to span six years with peak annual capacity aligned with forecasted volumes
- Manufacturing to take place at Varroc’s established facility in Romania
- Partnership marks an important milestone in Varroc’s expansion within the electric mobility ecosystem