The 12 closest competitors and alternatives to Matel among automotive companies — ranked by similarity to what Matel actually does, not by market-cap band.
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Matel Motion and Energy Solutions Pvt. Ltd. is an electrical and electronics manufacturing company located in Pune, Maharashtra, India, specializing in energy-efficient motor technology and EV powertrains.
Matel is an automotive company headquartered in India. Its most recent funding round, Series B, raised $15.6M in August 2026. Xcout tracks 2 named people at Matel, including Sunil Patel (Chief Executive Officer and Co-founder).
Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series B | $15.6M | 3 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Matel by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Manufacturing
The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems, and related electro-mechanical components. Headquartered in Shatin, Hong Kong, the company employs over 30,000 workers and is listed on the Hong Kong stock exchange.
Manufacturing
Sahyadri Industries Limited manufactures and supplies a wide range of precision machined components and industrial electrical products, including rotary cam switches, auxiliary switches, DC isolators, toggle and rocker switches, and temperature controllers. Established in 1981 and certified with IATF 16949:2016, the company serves switchgear manufacturers, machine tool industries, solar power EPC contractors, and transformer panel manufacturers with customized solutions.
Manufacturing
Shanghai MOONS' Electric Co.,Ltd., established in 1994 and headquartered in Shanghai, China, specializes in the development and distribution of motion control, smart lighting, and industrial equipment management solutions. The company serves a global clientele across the Asia Pacific, the Americas, and Europe. Its extensive portfolio of motion control products includes a variety of motors, such as stepper, slotless/coreless, step-servo, servo, and brushless DC motors, along with their respective drivers, integrated motor units, and linear motion systems. Essential accessories like cables, dampers, gearboxes, couplings, brakes, gears, pulleys, and encoders are also supplied. In the intelligent lighting sector, MOONS' primarily offers LED drivers. Furthermore, the company provides condition monitoring equipment, including portable vibration inspectors, analyzers, and wireless supervisory systems, alongside electronic components like connectors/interconnects. An online retail platform complements its sales channels. Shanghai MOONS' Electric Co.,Ltd. operates as a subsidiary of Shanghai Mingzhi Investment Management Co., Ltd.
Manufacturing
Headquartered in Sha Tin, Hong Kong, Johnson Electric Holdings Limited, established in 1959, operates as an investment holding company with a global reach. The firm specializes in providing a comprehensive range of motion products, sophisticated control systems, and flexible interconnect solutions. Its extensive catalog of motion-related offerings includes various motor types such as brushless EC, DC, AC, stepper, and gear motors, alongside solenoids, piezo motors and their subsystems, starters, blowers, gearboxes, automotive actuators, haptic motion products, piezo stages, pumps, and valves. Furthermore, the company delivers flexible interconnects, encompassing flex circuits, flat flexible cables, security circuits, microelectronics, and electromagnetic interference (EMI) shielded flexible circuits. Johnson Electric also produces a diverse array of switches and relays, including microswitches, TIPPMATIC auto power-off products, manually operated and panel-mounted switches, automotive switches and subsystems, and smart meter relays, in addition to powder metal components. These products serve a broad spectrum of industries globally, including automotive, building automation and security, business machines, defense and aerospace, food and beverage, home technologies, HVAC, industrial equipment, medical devices, personal care, power equipment, and power tools.
Manufacturing
Mobiletron Electronics Co., Ltd., founded in 1982 and based in Taichung, Taiwan, specializes in the design, manufacturing, and sale of electronic components primarily for the automotive industry. The company produces a diverse range of products, including essential engine management systems such as various speed, position, and oxygen sensors, as well as ignition modules and control valves. It also manufactures components for charging systems, including rectifiers and voltage regulators. Beyond these core offerings, Mobiletron provides mobile safety equipment, tire pressure monitoring systems, and power tools. While rooted in the Taiwanese market, the company has a strong global presence, exporting its products to roughly 100 countries worldwide.
Similar automotive company
Matter Motors is a technology and automotive company headquartered in Ahmedabad, Gujarat, focused on driving India toward a sustainable future. The company specializes in the development and manufacturing of electric motorcycles and advanced EV powertrain technologies.
Similar automotive company
Divgi TorqTransfer Systems Limited is a motor vehicle manufacturing company headquartered in Pune, Maharashtra, India. It provides automotive components and transfer systems, establishing a position of product leadership in the industry.
Similar automotive company
Enkei Wheels (India) Limited manufactures aluminum alloy wheels for two-wheelers and four-wheelers. Based in Pune, Maharashtra, it operates as part of the international Enkei Group.
Similar automotive company
Dhoot Transmission Limited is a manufacturer of automotive components engaged in the design, engineering, manufacturing, and supply of wiring harnesses.
Similar automotive company
Exponent Energy is a motor vehicle manufacturing and battery technology company founded in 2020 and headquartered in Bengaluru, India. The company develops full-stack battery and rapid-charging solutions designed to simplify energy use for electric vehicles.
Similar automotive company
Munich Electrification is an innovative company focused on accelerating the transition to electric and connected mobility. They develop systems and provide engineering services to support the development of electric vehicles.
Similar automotive company
Igarashi Motors India Limited manufactures and exports Permanent Magnet DC Motors and sub-assemblies primarily for the global automotive sector. Its products are custom-made for actuator applications and systems in passenger cars, with a key focus on Electronic Throttle Control.
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