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Petah Tikva EV Start-up to Open India Factory

Israeli start-up EVR MOTORS (headquartered in Petah Tikva), which develops ground-breaking electric motors for vehicles, is opening a factory in India for the production of coils in a trapezoidal geometric portion according to the company’s patent.

The coils produced in the new factory will be used by EVR’s partners in India, which produce electric motors based on the unique topology developed by EVR and they will satisfy the demand for electric motors in India and other markets around the world.

The factory in India is characterized by a high level of automation and produces coils for about 20,000 engines per month and, according to the plans, the production volume will increase to 100,000 engines per month.

Nick Rogers, recently appointed chairman of the EVR Board of Directors: “The opening of the new production plant is a significant milestone in fulfilling the company’s mission to change the face of the electric vehicle market through pioneering technologies.”

Or Ben Shoshan is a partner and director of the SIBF fund, which is one of the leading investors in EVR Motors: “The electric motor market is growing significantly, and we are very happy that our portfolio company, EVR-Motors, is becoming a market leader in the field. The company has already signed commercial agreements with international companies, and we are sure that we will soon report on more significant agreements that will contribute to the company’s business development. We wish the company great success in the future.”

EVR Motors has developed a unique motor topology for which 11 patents have been approved in recent years. Its product line today includes four family vehicles, from 6kW to 150kW engines that weigh only 36 kg. This variety allows EVR to expand its activities from two- and three-wheeled vehicles to family cars, light trucks, and electric buses.

EVR Motors is supported by a group of investors led by Marius Nacht, one of the leading figures in Israel in serial entrepreneurship.

EVR Motors was founded by the company’s current president and chief operating officer, Eli Rozinsky, along with Victor Kislev and Ruslan Shabinski. The company employs 45 people in Petah Tikva and India, including five PhD holders, engineers, the engine assembly team and a control and testing group.