Pune- Ecozen Solutions Pvt. Ltd., a climate technology, has announced a significant investment in Volektra, an innovative electric vehicle (EV) technology company. This initiative, supported by key investors Thinkuvate and Growth factory, is set to propel the advancement of electric mobility solutions worldwide.
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The collaboration between Ecozen and Volektra brings together Ecozen’s strengths in motors, controls, IoT, and analytics with Volektra’s advanced magnet-free motor technology (SEEM). This joint effort aims to produce EV conversion kits for 2-wheelers and 3-wheelers. The innovative magnet-free approach offers a more sustainable and cost-effective alternative to traditional EV motors, without compromising on performance.
Mr.Manish Seth, Volektra's CEO, Said, their technology eliminates the need for rare earth minerals, which may contribute to cost-effectiveness and environmental sustainability.
Mr. Devendra Gupta , Ecozen's CEO, , described the investment as an opportunity to merge technologies and potentially redefine electric mobility.
The partnership aims to incorporate Ecozen's controllers into Volektra's Vollkits, which are engineered to transform conventional micro-vehicles into electric models. Volektra has announced that their first-generation drivetrain has been deployed in over 20,000 three-wheelers and a range of e-bikes across the European market.
The collaboration between Ecozen and Volektra is set to drive progress in sustainable transportation options. The ultimate influence of this partnership on the electric vehicle sector and its role in promoting broader adoption of eco-friendly transportation more widespread remains to be seen.
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