EVR Motors, an Israel-based electric motor innovator focused on making high power-density electric motor, has signed an agreement with RSB Group, one of India’s most prominent Tier-1 automotive suppliers.
The agreement with RSB is EVR's fourth commercial agreement in India signed during the past eight months. Other agreements are in place with Badve Group, Napino, and, most recently, EKA Mobility. Each of the partners is in various phases of setting up production lines to provide electric motors based on EVR's innovative and proprietary electric motor topology. As a result, EVR's electric motors, are expected to be supplied to vehicle manufacturers in multiple categories from the second half of 2023.
Both the RSB Group and EKA Mobility agreements see EVR developing electric motors for Light Commercial Vehicles using its breakthrough proprietary Trapezoidal Stator RFPM topology. This signifies EVR’s entry into the passenger vehicle, light commercial vehicle, and e-bus sectors, expanding from its initial markets in the 2-wheeler and 3-wheeler segments.
EVR is establishing a wholly owned subsidiary, EVR India, to serve the organization’s growing customer base in the country. EVR India will manufacture unique electric motor coils, a patented key component of EVR’s electric motor topology, for the company’s partners in India and globally. EVR India will include a team of about 30 people for engineering, manufacturing, sourcing, and customer support. EVR India will provide partners with a low-risk, cost-effective supply of critical motor parts to simplify their production setup and create improved economies of scale.
The company has appointed Sajal Kishore as managing director of EVR India. Kishore has been instrumental in formulating and executing EVR’s India business strategy and has previously held key corporate positions in prominent automotive companies in India.