IPEC Drive Systems is an Indo-Finnish partnership that is reimagining electric mobility.
IPEC Drive Systems Pvt Ltd (IDS), the newly formed joint-venture between IPEC India Pvt Ltd and L7 Drive Ltd of Finland, was formally launched by Ms Nina Vaskunlahti, Ambassador of Finland to India, at the Embassy of Finland in New Delhi.
IDS will customise, adapt and manufacture the path breaking L7 drive systems for the world’s electric vehicle manufacturers.
The L7 drive technology employs just one single Li-ion battery cell, or a pack of parallel connected cells, to drive an electric motor in an electric vehicle. This eliminates the need for a Battery Management System (BMS) and the problems associated with cell balancing. The solution results in superior vehicle range, enhanced performance, increased reliability while optimising overall costs. The cloud connectivity capability of these drive systems can transform electric vehicles to becoming “connected vehicles”, a critical aspect for the future.
A panel discussion, hosted at the launch event, on “Light Electric Vehicles (LEV) and India – A high value opportunity” also brought out the positive socio-economic-environmental impact that LEVs can bring about in public transportation in urban and rural India. The role of LEV’s in the e-commerce & retail sector in improving overall efficiencies was also brought into focus.
Vinod Sharma, Chairman, IDS, expressed that “The L7 Drive system is going to revolutionise the light electric vehicle industry. The developing world, in particular, could see a rapid growth in LEVs with improved range and performance, lower costs and maintenance becoming simpler”.
Pentti Bruun, Member of the Board, IDS, is enthusiastic about the possibilities of the L7 drive; “We are excited to introduce this technology to the world after a long developing process. We believe that the versatility of this technology is especially suitable for OEMs requiring a simple and reliable powertrain solution for e-mobility applications in a wide variety of environments”.
Speaking to the media at the event, Murtaza Wajid, Member of the Board, IDS, said, “Our team is already working on customizing the L7 Drive for customers in India with production expected to start shortly. Engagements with several other LEV producers and autonomous mobile robot manufacturers are in progress”.