Daring step in to a global revolutionery market

Electro-mechanical devices like electric motors are operating on the principle of electromagnetic induction. They are highly efficient, long-lasting, low-maintenance, energy-efficient, and can endure strong voltage fluctuations. Furthermore, electric motors are substantially less expensive than fossil-fuel engines 

We established this Organization in the year 2022, with an reputed EV industry partner around the globe with a wide range of products. Within a short span of time, our success rate was 70% or more. 

Electric motor manufacturers are continuing to work around traditional challenges of noise, efficiency, and performance due to the ever-increasing end-user demands of the motors. According to the analysis, on the basis of the supply side, there is still a lot of demand for magnets manufactured of more common materials. The demand for electric motors in India has experienced a firm growth. Strict power consumption standards & resolution in the reduction of greenhouse gas (GHG) emissions are the key reasons for the growth in industrial production & the development of the electric motor market. 

The Government wants India to be a 100%, electric vehicle nation by the year 2030. Under the new plan of the government, every car which will get sold in India from 2030 will be electric. Due to the competitive environment in the market, India’s auto industry has become one of the largest in the world. As per the Review Report of Automotive Mission Plan 2016, the turnover of the auto industry is equivalent to 7.1%. The government of India approved the National Mission on Electric Mobility in 2011 and subsequently National Electric Mobility Mission Plan (NEMMP) 2020 which was unveiled in 2013. Department of Heavy Industry has formulated a scheme namely FAME – India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) for implementation with effect from 1st April 2015, which therefore was part of the mission, India’s national mission for electric mobility and faster adoption and manufacturing of electric vehicles (EVs) looks to have received its much-required shot in the arm. Thanks to a few key amendments established by the Department of Heavy Industry (DHI) in June 2021 to the FAME-II Scheme, the EV momentum saw a notable revival and gained pace, especially in the wake of the remarkable slowdown experienced due to the ongoing COVID-19 pandemic. At svre2solutions.com, we believe in creating a better future through innovation and collaboration. Learn more about our vision for the future today!