Israeli automobile firm sets up unit in India
ECONOMY & POLICY

Israeli automobile firm sets up unit in India

Under its subsidiary I.EVR Motors, EVR Motors, an Israeli inventor with a focus on high power density electric motors, announced the opening of its new greenfield factory in Manesar, Haryana. Being the first Israeli automotive business to establish a manufacturing operation in India, this facility is a major milestone and will be essential to the company's worldwide production strategy.

A patented essential part of EVR's Trapezoidal Stator Radial Flux Permanent Magnet (RFPM) motor technology, trapezoidal geometry coils will be manufactured at the Manesar factory. For EVR's electric motors, which are renowned for being more affordable, lighter, and flexible enough to satisfy a wide range of client demands, these coils are a need.In order to fulfil the growing demand for electric vehicles (EVs) worldwide, the highly automated Manesar factory is originally planned to produce coils for around 20,000 motors each month. However, there are plans to expand to roughly 100,000 motors.

According to Sajal Kishore, the Managing Director of I.EVR Motors, the opening of their new plant in India will be a significant milestone in the company's mission to revolutionize electric mobility with innovative motor technologies. He stated that by establishing this facility, they ensure a reliable supply chain and support their growth plans in India and globally. Kishore further mentioned that this venture exemplifies the business cooperation between India and Israel and embodies their vision of 'Make in India for the world. He added that their greenfield investment highlights their confidence in the Indian market and trust in the country's burgeoning mobility sector.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Under its subsidiary I.EVR Motors, EVR Motors, an Israeli inventor with a focus on high power density electric motors, announced the opening of its new greenfield factory in Manesar, Haryana. Being the first Israeli automotive business to establish a manufacturing operation in India, this facility is a major milestone and will be essential to the company's worldwide production strategy. A patented essential part of EVR's Trapezoidal Stator Radial Flux Permanent Magnet (RFPM) motor technology, trapezoidal geometry coils will be manufactured at the Manesar factory. For EVR's electric motors, which are renowned for being more affordable, lighter, and flexible enough to satisfy a wide range of client demands, these coils are a need.In order to fulfil the growing demand for electric vehicles (EVs) worldwide, the highly automated Manesar factory is originally planned to produce coils for around 20,000 motors each month. However, there are plans to expand to roughly 100,000 motors. According to Sajal Kishore, the Managing Director of I.EVR Motors, the opening of their new plant in India will be a significant milestone in the company's mission to revolutionize electric mobility with innovative motor technologies. He stated that by establishing this facility, they ensure a reliable supply chain and support their growth plans in India and globally. Kishore further mentioned that this venture exemplifies the business cooperation between India and Israel and embodies their vision of 'Make in India for the world. He added that their greenfield investment highlights their confidence in the Indian market and trust in the country's burgeoning mobility sector.

Next Story
Infrastructure Urban

India, US to promote sustainable aviation fuel and hydrogen in buses

India and the United States have agreed to promote sustainable aviation fuel (SAF), electrification of medium and heavy-duty vehicles, and the use of hydrogen in buses, tractors, and heavy equipment. This decision came during the Strategic Clean Energy Partnership (SCEP) dialogue between US Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri in Washington, DC. Both nations also encouraged increased investments in each other's clean energy markets. The joint statement emphasised the importance of a "just, orderly, and sustainable energy trans..

Next Story
Infrastructure Transport

Tuticorin Airport upgradation set for December completion

Tuticorin Airport in Tamil Nadu is undergoing a significant upgrade, with an expected completion date in December 2024. The project, valued at Rs 3.81billion, is being carried out by the Airports Authority of India (AAI) and involves the extension of the runway to accommodate A-321 type aircraft, construction of a new apron, a new terminal building, a technical block with a control tower, and a new fire station. The new terminal building, covering 17,500 square meters, will significantly enhance the airport's capacity, enabling it to serve 1,440 passengers during peak hours and handle up to 2 ..

Next Story
Infrastructure Transport

Airfare hike not tied to increased airport charges; ACI

The Airports Council International (ACI) stated that rising airfares are not linked to increased airport charges. Airport charges are crucial for infrastructure development within the commercial aviation ecosystem, but they remain a minimal part of the overall airfare. Stefano Baronci, Director General of ACI Asia Pacific & Middle East, emphasized that airports are infrastructure-intensive businesses, with costs dominated by maintaining essential infrastructure such as runways, taxiways, aprons, and terminal buildings. He noted that neglecting the capital expenditure needed to support future g..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000