Volektra and Jendamark sign MoU to manufacture magnet-free EV motors

Volektra Inc. has signed a Memorandum of Understanding (MoU) with Jendamark India Pvt. Ltd. to support the development and production of electric motor systems that do not use magnets. Volektra has developed a Virtual Magnet Motor (VMM) platform, and Jendamark will be responsible for setting up and managing production lines for the technology.

The collaboration is intended to create a production model to support wider deployment of these motors, targeting applications in electric vehicles and micro mobility. Jendamark will lead the assembly line setup and automation efforts.

Manish Seth, Founder & CEO, Volektra, stated “Our parented magnet-free motor technology eliminates the dependence on rare earth materials, tackling a critical barrier in sustainable electrification. Importantly, we are not stopping at deep-tech research we’re executing an implementation ready plan backed by strategic partnerships like this one. With Jendamark as our preferred partner for assembly lines and automation, we ensure that our innovations move from lab to line with speed and precision. The real beneficiaries are our customers who will gain access to world-class, sustainable, and production-ready drivetrain solutions. This partnership marks a pivotal milestone for Volektra. By joining forces with Jendamark, a global leader in advanced manufacturing solutions, we are not just scaling up, we are industrializing a paradigm shift.”

Himanshu Jadhav, CEO & Director, Jendamark India, commented “Volektra has patented technology which solves an important problem of getting away from rare earth materials, having developed magnet-free motors. We are confident that this association will benefit end users in having sustainable and innovative solutions both in product and production. As a tech company, Jendamark is always looking out for new technology and assisting companies leverage our expertise and experience to deliver world-class manufacturing technology.”

Also read: Working principle and market readiness of rare-earth free software-defined motors by Volektra