First Israeli auto firm sets up manufacturing unit in India

New Delhi,UPDATED: May 20, 2024 16:27 IST

EVR Motors, an Israel-based innovator specializing in high power-density electric motors, today announced the inauguration of its new greenfield plant in Manesar, Haryana, under its subsidiary, I.EVR Motors. This facility marks a significant milestone as the first manufacturing operation in India for an Israeli automotive firm and will play a pivotal role in the company's global production strategy.

The Manesar plant will produce trapezoidal geometry coils, a patented key component of EVR's Trapezoidal Stator Radial Flux Permanent Magnet (RFPM) motor technology. These coils are essential for EVR's electric motors, known for being smaller, lighter, and more cost-effective while maintaining the flexibility to meet diverse customer needs.

The highly-automated Manesar facility is initially designed to supply coils for approximately 20,000 motors per month, with plans to expand to around 100,000 motors to meet the increasing global demand for electric vehicles (EVs).

EVR has already secured commercial agreements with prominent Indian automotive companies such as Napino, Belrise Group, EKA Mobility, and RSB Transmissions. These partnerships are expected to strengthen the supply chain and enhance EVR's ability to cater to both the Indian and international markets.

"The opening of our new plant in India is a significant milestone in our mission to revolutionize electric mobility with innovative motor technologies. By establishing this facility, we ensure a reliable supply chain and support our growth plans in India and globally. This venture exemplifies India-Israel business cooperation and embodies our vision of 'Make in India for the world.' Our greenfield investment highlights our confidence in the Indian market and trust in its burgeoning mobility sector," said Sajal Kishore, MD, I.EVR Motors.