Volektra along with Jendamark has entered into an MoU to create Magnet-free EV Motors.

Volektra has entered into a partnership with Jendamark India Pvt. Ltd. and signed a Memorandum of Understanding (MoU) towards the development and manufacturing of magnet-free electric motors. Volektra has exclusively engineered a Virtual Magnet Motor (VMM) platform, while Jendamark will be focussing on setting up and managing the production of this technology. 

This partnership will incorporate a production model to expand the assembly line of these motors, as these motors will be extensively used in electric vehicles and micro mobility. Jendamark will be assigned to manage and lead the assembly line setup and automation efforts. 

The Founder & CEO of Volektra, Manish Seth, expressed his views on the collaboration and said, “Our in-house developed magnet-free motor technology has removed the dependence on rare earth materials, thus solving a critical barrier in sustainable electrification. 

We are not only participating in deep-tech research and development but we are also forming strategic alliances like this one. Aligning with Jendamark as our loyal partner for assembly lines and automation, we ensure that we will be innovating with speed and accuracy. Our real assets are our customers who will be using our world-class, sustainable, and production ready products. 

This partnership will be an important milestone for Volektra and by forming a partnership with Jendamark, which is a big player in advanced manufacturing solutions, as we are not just expanding, we are going through an innovative shift.”

The CEO and Director of Jendamark India, expressed his views on the alliance and said, “Volketra have their self developed patented technology which is a solution to the most critical issue, and that is coming out of rare earth materials, and developing magnet-free motors, which is a huge invention in the field of electric mobility. 

We are confident that this partnership will provide benefits to consumers transitioning to electric mobility and provide seamless solutions both in the manufacturing process as well as the end product. Being a tech company, Jendamark is always implementing new technologies and using its expertise and experience to provide world-class manufacturing technology.