Chara Technologies
Smart Cities & Mobility
DeepTech
Karnataka
, India
Founded:
Jan 2019
Founders:
Bhaktha Keshavachar, Ravi Prasad, Mahalingam Koushik, Harish Lalchandani
Description:
Proprietary rare-earth-free motors (8kW–30kW) using indigenously sourceable materials, dual ARAI and ICAT certified.
Key Highlights:
Funding Raised: ~$12M
Patents: 8
Active Customers: 70+
Core Problem Statement
Geopolitical concentration of rare-earth magnet supply creates three interlocking risks for the global EV industry: fragile supply chains, a volatile cost floor where magnets represent a high percentage of motor BOM, and an environmental mining profile that undermines sustainability goals.
Solution Overview
Proprietary, rare-earth-free electric motors powered by matching controllers equipped with custom Drive Control Firmware. The platform utilizes real-time flux estimation and adaptive efficiency optimization alongside vertically integrated manufacturing covering design, production, testing, and integration.
Strategic Engagement Opportunities
Chara's certified, production-ready rare-earth-free motor platform offers automotive OEMs and Tier-1 suppliers a proven co-development and supply chain partner. Its proprietary SynRM platform offers a foundation for deep technical collaboration and co-development in advanced electric machine research.
