RunR Mobility has announced a partnership with EMF Innovations, a tech company that delivers cost-effective and reliable electric mobility solutions. With this partnership, EMF Innovation will be the powertrain design and manufacturing partner for RunR Mobility.
The partnership will cater to a collective objective of providing a better class of EVs for Indian roads. Furthermore, it will cultivate trust in the minds of Indian buyers who are looking forward to innovative, affordable, and 100 per cent indigenous electric vehicles.
On this partnership, Sivasankari T. P., Managing Director of EMF Innovations, said, "This strategic partnership will build a stronger relationship between EMFi and RunR Mobility. Technology today is playing a critical role, and both companies realise that they need to accelerate R&D to remain competitive. With EMFi’s application support and RunR’s strengths, I am sure we will be able to unlock our full potential while catering to the EV needs of the Indian buyers."
"RunR-EMFi partnership is one of our key strategies in our aim to become a pragmatic leader in the rising market for electric vehicles with swappable batteries. The knowledge sharing and combined R&D processes will act as catalysts for growth for both companies. With this association, we envision our own route of expansion, and we aspire to encourage the spirit of "Made in India" vehicles." said Setul Shah, founder of RunR Mobility.
With the foreseeable future in mind and a powerful partnership, RunR anticipates manufacturing 15000 units in 2023–2024, with revenue estimations of 173.52 crore.