Shakti Pumps (India) Limited is foraying into the Electric Vehicle (EV) segment through its 100% wholly owned subsidiary company Shakti EV Mobility Private Limited (‘SEVMPL). The subsidiary co. will manufacture BLDC Motors with Controller, Charger, VFD (EV Application) to optimize battery performance in EV automobiles.
SEVMPL was incorporated as a private limited company under the Companies Act 2013 on December 16, 2021 and will leverage on Shakti group’s 30 years of experience in making motors and 5 years of manufacturing Power Electronics Equipment.
The manufacturing activity of SEVMPL will be carried out at Plot 4 I/A Sector 5, Pithampur-454774, Dist. Dhar (M.P), India with a total installed capacity of 1,32,000 (No.’s) each for BLDC motor and controller.
The plant will equip with state of art technology along with a full-fledged in-house R&D center to continue innovation and pace up with current trends.
The Company is planning to start manufacturing facility for a total installed capacity (per shift) of 2,51,700 (No.’s) EV Motor, 2,51,700 (No.’s) EV Controller, 1,00,000 (No.’s) EV Charger and 50,000 (No.’s) EV VFD’s/BMS.
The EV industry is on the go, with automakers focusing on upgrading battery technology. The sale of electric vehicles has experienced an uprise, and the same is expected to reach higher numbers in the near future. The reason behind the increasing popularity of electric vehicles is their advanced technology, backed with the best EV components.
Shakti EV Mobility will never compromise on innovation, performance or appeal. SEVMPL will work in small, focused teams which, much like other products of the group, will be agile, Efficient, and focused on excellence. The vision is driven by work that contributes to a global impact and SEVMPL team is passionate about the future of the automotive industry.
