Chara Technologies Develops Rare Earth-Free Motors for Electric Mobility
Chara Technologies aims to enhance electric vehicle affordability by eliminating rare earth materials in motor production. Their rare earth-free motors, produced in India, promise a 15-20% cost reduction as manufacturing scales, addressing supply chain vulnerabilities associated with conventional motors reliant on rare earth components.
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Chara Technologies manufactures rare earth-free electric motors and integrated controllers, with products ranging from 8kW to 35kW for various vehicles. Their design leverages reluctance principles, advanced software for control, and integrated motor-controller systems to enhance efficiency and performance.
As production increases, the company anticipates a 15-20% reduction in motor costs. The motors are suitable for two-wheelers, three-wheelers, and small four-wheelers, with ongoing developments for high-speed applications.
By sourcing materials locally and minimizing dependency on rare earths, Chara aims to stabilize supply chains and reduce operational costs. However, challenges remain in semiconductor sourcing, which is still reliant on imports.
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