New EV Players Expecting Indian Micro-Mobility Growth

Paul Myles

TU-Editor

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13th May 2022

New players are entering the Indian EV micro-mobility market in the shape of a collaboration between a domestic automotive supplier and an Israeli electric motor developer.

India’s Badve Engineering, which already supplies aftermarket suspension units and mirrors for motorcycles, and start-up EVR Motors have announced that they are forging a strategic commercial agreement. Under a strategic partnership, Badve will manufacture EVR’s proprietary Trapezoidal Stator.

This electric motor measures half the weight and size of competing electric motors and claims superior power and torque performance. EVR motors has developed the Trapezoidal Stator Radial Flux Permanent Magnet (TS-RFPM) motor, enabling smaller, lighter, lower-cost motors, which can be tailored to user requirements. Its first motors are designed for 2-wheelers and 3-wheelers, as well as light commercial vehicles.

In the three-wheeler segment, the collaboration will address both the commercial and passenger vehicles markets (L3 and L5 categories), which are expecting strong growth in India in the coming years. Two- and three-wheeler vehicles constitute around 90% of the Indian electric vehicles market. According to estimates, six million three-wheeler vehicles are sold in India annually and half-million of them are electric three-wheelers.

Badve Group has already initiated the joint development and localization process at one of its facilities in Pune for manufacturing the EV motors and is currently developing prototypes to cater Indian automakers. The company plans to ramp up its production to an annual capacity of 500,000 units by mid-2023 to meet the rising demand for EVs.

Sumedh Badve, president, EV division, Badve Group, said: “The ground-breaking EVR technology and our proven manufacturing expertise, coupled with our strategic long-term customer relationships will ensure the 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.”

— Paul Myles is a seasoned automotive journalist based in Europe. Follow him on Twitter @Paulmyles_