Tier-1 automotive component firm, Badve Engineering and Israeli startup EVR Motors have announced forging a strategic commercial agreement for manufacturing of the latter's proprietary Trapezoidal Stator – RFPM electric motors in India which will be nearly half the weight and size of similar competing motors. It is also claimed to be equipped with superior power and torque performance.
Badve Group has already initiated the joint development and localisation process at one of its facilities in Pune for manufacturing the EV motors and is currently developing prototypes to cater Indian OEMs. The company plans to ramp up its production to an annual capacity of 0.5 million units by mid-2023 to meet the rising EV demand. Commenting on the development Sumedh Badve (President, EV Division) said, "This partnership is in line with our core vision of sustainability and net zero emissions through green mobility. We are fully confident that these motors are best suited for adoption in the multi-terrain Indian landscape and will provide an enthralling experience to Indian riders.” Badve Group has 29 facilities with high levels of automation and specialises in automotive component manufacturing for the two-, three-wheeler, PV and commercial vehicle segments.
In the three-wheeler segment, the collaboration will address both Commercial & Passenger vehicles markets (L3 and L5 categories), which are poised for strong growth in India in the coming years. The two- and three-wheeler vehicles constitute around 90 percent of the Indian electric vehicles market. According to estimates, 6 million three-wheelers are sold in India annually and half-million of them are electric.
Opher Doron, CEO of EVR Motors added, “Together with other recently announced agreements, this partnership will expand our total addressable market to encompass the most significant OEMs in the strongest e2 vehicle market sectors in India. EVR is proud of the trust our customers place in us and our technology, and of the opportunity to play a significant role in electrifying Indian mobility”. EVR is now developing a variety of motors, suitable for most mobility and industrial applications."
EVR Motors' Opher Doron: 'We are looking at a base in India for manufacturing'