The Global Electric Vehicle (EV) Transmission Fluids Market was valued at USD 1.98 Billion in 2023 and is projected to reach USD 5.42 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period (2023-2030). This rapid expansion is driven by accelerating EV adoption worldwide, recurrent thermal management requirements in electric powertrains, and continual innovation in synthetic lubrication technologies.

As automotive manufacturers increasingly transition from internal combustion engines to electric drivetrains, specialized transmission fluids have emerged as critical components for ensuring performance, efficiency and longevity. This blog profiles the Top 10 Global Leaders in EV Transmission Fluids – the innovators establishing new benchmarks for electrified mobility solutions.

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🔟 1. Croda International Plc

Headquarters: Snaith, United Kingdom
Key Product: EVOTEC™ Advanced E-Fluids

Croda leads in developing synthetic base oils and additive packages specifically engineered for EV transmissions. Their EVOTEC™ range delivers superior thermal conductivity and electrical insulation properties critical for high-voltage electric drivetrains.

Technical Innovations:

• Patent-pending ionic fluid technology enhancing heat transfer
• Formulations compatible with 800V+ architectures
• Strategic collaborations with 7 global automakers

Download FREE Sample Report: Electric Vehicle (EV) Transmission Fluids Market – View in Detailed Research Report

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9️⃣ 2. Castrol (BP Group)

Headquarters: London, United Kingdom
Key Product: Castrol ON EV Transmission Fluid

Castrol’s advanced EV fluids demonstrate 47% lower viscosity drag than conventional automatic transmission fluids, directly contributing to extended EV range. Their solutions are validated across multiple OEM platforms.

Technical Innovations:

• Nanotechnology-enhanced additive chemistry
• Validated in extreme temperature conditions (-40°C to 180°C)
• Integrated with direct oil-cooled motor designs

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8️⃣ 3. Repsol S.A.

Headquarters: Madrid, Spain
Key Product: Repsol EV-TEC Fluid Series

Repsol’s high-performance EV transmission fluids maintain stable viscosity characteristics even under the rotational stresses of 20,000+ RPM electric motors, providing reliable protection across all operating conditions.

Technical Innovations:

• Eco-friendly biodegradable base oils
• Enhanced thermal conductivity formulations
• Compatible with integrated e-axle units

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7️⃣ 4. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Product: Mobil SHC™ EV Series

ExxonMobil’s EV transmission fluids demonstrate 20% better energy efficiency and 4x longer service life compared to conventional lubricants, based on standardized industry testing protocols.

Technical Innovations:

• Market-leading dielectric stability
• Enhanced material compatibility package
• Extended warranty protection programs

Download FREE Sample Report: Electric Vehicle (EV) Transmission Fluids Market – View in Detailed Research Report

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6️⃣ 5. Fuchs Petrolub SE

Headquarters: Mannheim, Germany
Key Product: FUCHS BluEV Fluids

Fuchs specializes in copper-compatible formulations that prevent corrosion in high-voltage EV drivetrains, while maintaining exceptional thermal and oxidative stability.

Technical Innovations:

• Sensor-safe silicon-free formulations
• Advanced anti-foaming technology
• Multiple European OEM approvals

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5️⃣ 6. Gulf Oil International

Headquarters: London, United Kingdom
Key Product: Gulf EV-Trans Synthetic Fluids

Gulf Oil’s transmission solutions feature specialized polar additives that maintain lubricating film integrity even under extreme shear conditions encountered in high-RPM electric motors.

Technical Innovations:

• Extended 100,000 km drain intervals
• Compatibility with aluminum and polymer components
• Global manufacturing footprint

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4️⃣ 7. Shell plc

Headquarters: London, United Kingdom
Key Product: Shell E-Fluids Portfolio

Shell combines outstanding thermal management capabilities with exceptional electrical insulation properties in its EV transmission fluids, making them particularly suitable for integrated e-axle applications.

Technical Innovations:

• Co-developed with leading motor manufacturers
• 99.9% particulate filtration efficiency
• Carbon-neutral production commitment

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3️⃣ 8. TotalEnergies SE

Headquarters: Paris, France
Key Product: Quartz EV Fluid Line

TotalEnergies’ transmission fluids enhance EV range by 2-4% through optimized friction reduction in planetary gear sets and reduction gears, as demonstrated in independent testing.

Technical Innovations:

• Ultra-low traction coefficient technology
• Formula E racing validation
• Recycled material compatibility

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2️⃣ 9. ENEOS Corporation

Headquarters: Tokyo, Japan
Key Product: ENEOS EV Fluid Solutions

ENEOS offers specialized formulations that maintain stable performance with rare-earth magnets and high-speed bearings commonly used in Japanese EV drivetrains.

Technical Innovations:

• Proprietary anti-electrolysis additives
• 15dB noise reduction benefits
• Primary supplier to Asian automakers

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1️⃣ 10. Petronas Lubricants International

Headquarters: Kuala Lumpur, Malaysia
Key Product: Petronas Iona EV Fluid Range

Petronas has developed transmission fluids that maintain performance integrity after 1,000+ deep discharge cycles, making them particularly suitable for commercial EV fleet applications.

Technical Innovations:

• Advanced thermal conductive additives
• Extreme climate validation
• Strategic Chinese market partnerships

Get Full Report Here: Electric Vehicle (EV) Transmission Fluids Market – View in Detailed Research Report

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🔋 Industry Outlook: The Evolving EV Transmission Fluid Landscape

The EV transmission fluids market is experiencing transformative changes as automakers demand solutions that address the unique challenges of electrified powertrains.

⚡ Key Development Trends:

• Accelerated adoption of ultra-low viscosity fluids (0W-4 to 0W-8)
• Integration of condition monitoring sensor additives
• Growing demand for carbon-neutral formulations
• Specialized solutions for integrated e-drive units

Get Full Report Here: Electric Vehicle (EV) Transmission Fluids Market – View in Detailed Research Report

The companies profiled above represent the vanguard of EV fluid technology, developing the high-performance lubrication solutions that will enable the next generation of electric mobility.