High-speed electric scooter manufacturer RunR Mobility has announced a partnership with EMC innovations, a technology company that offers cost-effective and reliable electric mobility solutions. With this partnership, EMF Innovation will be the powertrain design and manufacturing partner for RunR Mobility.
The association will serve the collective goal of providing a better class of electric vehicles for Indian roads. Furthermore, it will build confidence in the minds of Indian buyers who expect innovative, affordable, and 100% indigenous EVs.
MD, EMF Innovations, said:
About this association, Ms. Sivasankari TP, Managing Director of EMF Innovations, said,
“This strategic partnership will build a stronger relationship between EMFi and RunR Mobility. Technology today is playing a key role, and both companies realize they need to accelerate R&D to remain competitive. With EMFi’s application support and RunR’s strengths, I am confident that we will be able to unlock our full potential while serving the EV needs of Indian buyers.”
The founder of RunR Mobility said:
“The RunR-EMFi partnership is one of our key strategies in our goal to become a pragmatic leader in the growing market for swappable battery electric vehicles. Knowledge sharing and combined R&D processes will act as growth catalysts for both companies. With this partnership, we envision our own expansion path and aspire to further the spirit of “Made in India” vehicles. saying Mr. Setul Shah, founder of RunR Mobility.
With the foreseeable future in mind and a powerful partnership, RunR anticipates manufacturing 15,000 units in 2023-2024, with revenue estimates of 173.52 cr.
About EMF Innovations
EMFI is a young technology company co-founded by engineering entrepreneurs with significant R&D and operations in India and Singapore, thus providing cost-effective and localized electric mobility solutions to customers in India and abroad. Leveraging Singapore’s strong power electronics research base and India’s extensive manufacturing ecosystem, we offer cost-effective and reliable electric motors for green mobility applications.
Source: Media Mantra
