Engineering Ltd, one of India’s leading Tier-1 automotive manufacturing
companies for Indian and global OEMs, and Israeli startup EVR Motors have
announced that they are forging a strategic commercial agreement. Under the new
strategic partnership, Badve Group will manufacture in India EVR’s proprietary
Trapezoidal Stator – RFPM electric motors.
RFPM electric motors measure half the weight and size of competing electric
motors and provide superior power and torque performance. In the 3W segment,
the collaboration will address both commercial & passenger vehicles markets
(L3 and L5 categories), which are poised for strong growth in India in the
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.
motors has developed a unique, patented motor topology: The Trapezoidal Stator
Radial Flux Permanent Magnet (TS-RFPM) Motor, enabling smaller, lighter,
lower-cost motors, which can be tailored to user requirements. EVR is now
developing a variety of motors, suitable for most mobility and industrial
applications. EVR's first motors are designed for 2W and 3W, as well as light
commercial vehicles, and weigh less than half compared to similar power radial
and 3W vehicles constitute around 90% of the Indian electric vehicles market.
According to estimates, 6 million 3W vehicles are sold in India annually, and
half-million of them are electric 3W.
Badve (President, EV Division) said, “We are very excited about our partnership
with EVR motors. The ground-breaking EVR technology and our proven
manufacturing expertise coupled with our strategic long-term customer
relationships will ensure success of this partnership. 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.”
strategic partnership with Badve Group, a leading Tier 1 manufacturer, offers
multiple OEMs access to EVR’s advanced motor technology, tailored for the Indian
market and made in India”, said Opher Doron, CEO of EVR Motors, adding that, “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”.
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