Napino
Auto & Electronics Ltd., India’s 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 2-wheeler EVs in India.
Proprietary
SRM solution, with its magnet free technology, eliminates expensive permanent
magnets & rare earth metals, which has huge dependence on China, thereby
reducing the cost of propulsion motors by as much as 40% and the sourcing
challenges associated with it.
These
motors 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.
Napino
Group has continuously endeavored to invest in future technologies, especially
pioneering electric vehicle technologies to promote a sustainable future. Being
a leading Tier-1supplier with marquee customers like Hero MotoCorp, Honda,
Suzuki, Ola Electric, Ampere and Ather amongst others, Napino strongly believes
that Enedym’s SRM technology will be the right alternative to conventional
motor technologies and cater to the 2-wheeler power train, which is likely to
go electric in the near term.
Vaibhav
Raheja, Joint Managing Director of Napino, commented, “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 & 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.”
Commenting
on the partnership, Naveen Kumar, Group CEO of Napino, said; “Zero emission
mobility has become a global movement & 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 drive train. 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
OEM’s a viable manufacturing alternative to China.”