Napino Auto & Electronics Ltd., a premier Tier-1 automotive component manufacturing company, has announced a strategic partnership with Enedym Inc., a Canada-based company with patented switched reluctance motors (SRM) technology.
The commercial agreement will see Napino partner with Enedym to develop and manufacture complete motor solution for two-wheeler EVs in the country. .
Proprietary SRM solution, with its magnet-free technology, eliminates expensive permanent magnets and rare earth metals, which has huge dependence on China, thereby reducing the cost of propulsion motors by as much as 40 per cent and the sourcing challenges associated with it, said a press release.
These Motors, it said, have high efficiency at high speeds and are suitable for operation in harsh environments and high temperatures. Enedym’s switched reluctance motors are quiet, smooth and efficient with high power density and require lower maintenance, added the release.
Mr. Vaibhav Raheja, Joint Managing Director of Napino, said, “We are extremely delighted to announce our partnership with Enedym. Achieving removal of magnets and rare earth elements in these products offers great advantage not only from a geo-political point of view but also ensures sensible use of natural resources. We are confident that the affordable and robust solution being created by our engineering and manufacturing teams will offer quicker adoption of electric mobility in India. Our vision is to make India a global manufacturing hub for EV Motors & contribute towards making it carbon neutral.”
Mr. Naveen Kumar, Group CEO of Napino, said; “Zero-emission mobility has become a global movement and this well-timed partnership has been signed to assist India’s transition to electric mobility. With Enedym as our partner, we are well positioned to be a leading technology provider for system supplies of EV drivetrain. Napino’s excellence in electronics manufacturing and a deep-rooted customer relationship will be leveraged to launch this offering and further strengthen its vision of being technologically driven.”
Dr. Ali Emadi, Founder, President, and CEO of Enedym, commented: “We are very excited to announce this deal with Napino. This partnership is transformative and significant given it will provide a more stable and secure global manufacturing supply-chain, combined with sustainable next-generation motor technology. Partnering with Napino will also allow us to supply our next-generation motor technology within a massive market and offer Indian based and global OEMs a viable manufacturing alternative to China.”