Tirex Transmission

What Tirex Transmission does

Tirex Transmission (legal entity: Tirex Chargers Pvt. Ltd.) is an Ahmedabad, India-based OEM of electric vehicle charging hardware, founded in 2017 and operating as a majority-owned subsidiary of Gulf Oil Lubricants India Limited (part of the Hinduja Group) since August 2023. The company designs and manufactures a portfolio spanning 3.3 kW and 7.4 kW AC chargers for home and workplace use, a 60 kW dual-gun DC fast charger for charging point operators and highway corridors, and a modular 120/180/240 kW dual-gun DC charger for heavy commercial fleet and depot applications. Product differentiators include power-sharing technology that enables two vehicles to charge simultaneously from a single unit, a compact modular architecture supporting single or dual outlet configurations, IEC 61851 and 15118 standards compliance, 800V architecture readiness, Bluetooth-enabled on-device mobile app control, and a secure Linux-based OS on the 60 kW platform.

The business model is primarily B2B hardware sales, with go-to-market centered on direct enterprise sales to charging point operators, fleet operators, government utilities, and electric bus OEMs — supported by 15+ OEM approvals and 3,000+ charging points deployed across India with a cumulative 40 GWh of energy dispensed. Notable customer milestones include the first major government contract with KSEB (2019), an electric bus contract with NTPC (2021), and the largest industry order to date from Olectra (2023). Pricing is not publicly disclosed and is negotiated on a contact basis, consistent with enterprise and government procurement cycles. Distribution leverages Gulf Oil's network and OEM connections for accelerated domestic and international market penetration, with a stated goal of expanding beyond India.

The company raised $2 million in seed funding in April 2022 to support growth, R&D, and international expansion. Backed by the Hinduja Group ecosystem, Tirex has invested in India's first End-of-Life (EoL) Simulator for charger R&D and offers a product range purpose-built for high-uptime (15+ hours daily) commercial operation. The firm employs 51–100 people and remains privately held, with no public revenue disclosure.

Name

Tirex Transmission

Legal name

Tirex Chargers Pvt. Ltd.

Website

https://tirexchargers.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Tirex Transmission is an Ahmedabad-based EV charger OEM (majority-owned by Gulf Oil Lubricants / Hinduja Group since August 2023) that designs and manufactures AC and DC chargers from 3.3 kW to 240 kW for charging point operators, commercial fleet operators, and electric bus OEMs across India.

Ownership category

akta.pro rank

Product category

EV Charging Equipment

NAICS

Current-Carrying Wiring Device Manufacturing (335931)

SIC

Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)

akta.pro secondary industries

Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), E-Mobility Chargers & Charging Docks (Consumer) (CRACASAJ)

Keywords

• EV charging equipment
• DC fast chargers
• AC EV chargers
• Fleet charging solutions
• OEM charging infrastructure

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. EV Charger Hardware Sales: One-time sale of EV charging equipment including AC chargers (3.3kW, 7.4kW) and DC chargers (60kW, 120-240kW) to charging point operators, fleet operators, and OEMs.
2. DC Fast Charging Solutions: High-capacity DC charging solutions (120-240kW dual gun) for heavy fleet operators and commercial vehicle charging infrastructure.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Tirex Transmission (doing business as Tirex Chargers) designs, manufactures, and sells EV charging hardware spanning AC chargers (3.3 kW, 7.4 kW) for home and workplace use and DC fast chargers (60 kW, 120/180/240 kW dual-gun) for public charging stations, highway corridors, and heavy commercial fleet depots. The portfolio features modular architectures, power sharing for simultaneous dual-vehicle charging, Bluetooth-enabled smart access, and compliance with IEC 61851 and 15118 standards.

Product overview

Tirex Transmission offers a portfolio of EV charging solutions spanning both AC and DC chargers. The product line includes 3.3 kW and 7.4 kW AC chargers for everyday home and workplace use, a 60 kW Dual Gun DC fast charger for charging point operators and highway use, and a modular 120/180/240 kW Dual Gun DC charger for heavy fleet operators. The chargers feature dual-gun configurations for simultaneous charging, CCS2 and Type 2 connectors, power-sharing technology, modular design, and compliance with IEC 61851 and 15118 standards, supporting 800V architecture for upcoming EVs.

Differentiator

Problem solved

Functional benefit

Products and services

• 60 kW Dual Gun DC Charger A fast DC charger engineered for high uptime and minimal maintenance, designed for charging point operators (CPOs), highways, and key transit routes. Features a secure Linux-based OS and integrates with all leading CMS platforms.
• 120 | 180 | 240 kW Dual Gun DC Charger High-capacity modular DC charger available in 120, 180, and 240 kW variants, featuring dual CCS2 connectors for simultaneous charging of two vehicles. Designed for heavy fleet operators and extreme environmental conditions.
• 3.3 kW AC Charger Compact AC charger with a single Type 2 connector, designed for everyday reliability at home or workplace, featuring optimized power flow and modular customization options.
• 7.4 kW AC Charger Compact AC charger with a single Type 2 connector, designed for everyday reliability at home or in the workplace, featuring a smart algorithm for optimized power flow and high efficiency.

Quantifiable outcome

• 40 GWh energy dispensed through deployed chargers
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• OlectracoreStrategic or Co-development Partner · 1 January 2023Received largest industry order from Olectra in 2023, representing the company's biggest commercial contract to date.
• NTPCcoreStrategic or Co-development Partner · 1 January 2021Achieved a major breakthrough in 2021 by clinching first electric bus contract from NTPC (National Thermal Power Corporation), India's largest power utility expanding into EV charging infrastructure.
• SwitchminorStrategic or Co-development Partner · 1 January 2020Successfully completed trials of Tirex chargers with Switch electric buses in 2020, validating product performance with commercial EV fleet operators.
• Ashok LeylandminorStrategic or Co-development Partner · 1 January 2020Successfully completed trials of Tirex chargers with Ashok Leyland electric buses in 2020, demonstrating OEM validation of charging solutions.
• KSEB (Kerala State Electricity Board)coreStrategic or Co-development Partner · 1 January 2019Secured first major contract with KSEB in 2019 - described as a game-changer for the company. This was the company's first significant government contract establishing credibility in the EV charging market.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• ChargeZone: Indian EV charging network operator with a focus on highway and commercial-vehicle corridors; overlaps with Tirex's highway and heavy-fleet depot charging segment.
• Servotech Power Systems: Indian EV charger OEM producing AC and DC chargers for CPOs, OEMs, and government tenders; competes with Tirex on the same Indian B2B tenders and B2C/home-charger channels.
• Statiq: India's largest EV charging network operator, deploying public and highway chargers nationwide; competes with Tirex on the CPO customer side and increasingly on proprietary hardware procurement decisions.
• Exicom Tele-Systems: India-headquartered EV charger OEM and power-solutions manufacturer with overlapping AC/DC product lines serving Indian CPOs, fleet operators, and OEMs - the closest direct comparison to Tirex on product, customer base, and go-to-market.

Emerging players

• Ather Energy: Indian EV two-wheeler OEM building out its own charging network (Ather Grid); overlaps with Tirex in the consumer/workplace AC charging segment and increasingly in charger OEM supply.
• Kazam EV: Indian EV charging software and hardware platform targeting residential, workplace, and fleet segments; competes with Tirex at the SMB/individual AC charger tier and on CMS integrations.

Broad incumbents

• Tata Power (EZ Charge): Large Indian conglomerate utility with a broad EV charging network (EZ Charge) and ability to deploy capital across hundreds of cities; competes with Tirex for government and commercial-fleet contracts at much greater scale.
• BPCL (E-Drive): Indian oil PSU operating E-Drive charging networks at fuel stations nationwide; competes with Tirex for highway and high-utilization commercial charging tenders as a deep-pocketed PSU buyer/operator.
• ABB India / ABB E-mobility: Global EV charging hardware leader offering AC/DC chargers from residential to high-power; competes with Tirex on larger Indian commercial and infrastructure tenders with superior capital and global R&D.
• Delta Electronics (India): Global power-electronics and EV charging hardware manufacturer with established Indian presence; competes with Tirex in DC fast-charger procurement for fleet and public charging.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/TirexChargersofficial
• LinkedInlinkedin.com/company/tirexchargers
• Instagraminstagram.com/tirexevchargers/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tirex Transmission