Larsen & Toubro’s (L&T) business unit -- L&T Electronic Products & Systems (LTEPS) has entered into a strategic partnership with global electric propulsion technology company EVR Motors, to jointly develop, manufacture and deploy next generation EV traction motors for the Indian market. The collaboration brings together L&T’s deep engineering, systems integration and manufacturing expertise with EVR Motors’ breakthrough traction motor technology. The partnership aligns with Government of India’s Make in India and Aatmanirbhar Bharat initiatives.
LTEPS and EVR Motors will work closely to industrialise advanced traction motor solutions optimised for Indian operating conditions, including high efficiency, compact packaging and reduced reliance on rare earth materials. The collaboration will cater to multiple vehicle segments - from two- and three-wheelers to passenger and commercial vehicles - supporting original equipment manufacturers (OEMs) meet evolving performance, cost and localisation requirements.
The traction motors are proposed to be manufactured at LTEPS’s state-of-the-art manufacturing plant in Coimbatore, Tamil Nadu. Together with indigenously designed Motor Control Units, the traction motors will offer customers a complete EV drivetrain solution.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3939.50 |
| Rail Vikas Nigam | 236.45 |
| NCC | 146.90 |
| KEC International | 506.50 |
| Kalpataru Projects | 1292.15 |
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