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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 40 years of experience in making motors and 5 years of manufacturing Power Electronics Equipment. The manufacturing activity of SEVMPL will be carried out at Sector 5, Pithampur, Dist. Dhar (M.P), India with total installed capacity of 1,32,000 (No.’s) each for Induction, EV and PMSM motor and controller. The plant will equip with state of art technology along with full-fledged inhouse R&D centre to continue innovation and pace up with current trends.
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