NEI Sees Big Opportunity In EV With Next-gen Bearings
National Engineering Industries Ltd (NEI), which is into design and development of vehicles run on combustion engines, is now betting big on business from electric vehicles. The Jaipur-based firm has already kickstarted the process by introducing EMB series bearings for EV electric motor applications. It is also offering hybrid and insulated bearings for higher capacity electric motor to prevent damage from current leakage. Another product on offer for EVs which the company is betting big on is ‘Sensor Bearings’.
Rohit Saboo, President & CEO NEI said, “The number of bearings in an EV will nearly halve from currently 35 to 20. However, we sense opportunities there and are ready for the future requirement of EVs. EVs are a different deployment where the requirement is of high RPM bearings wherein the current should not pass through it. It should be insulated and should be able to accommodate very high power. We have already developed those bearings and are supplying to one Indian and one European major.”
The CK Birla Group-owned entity, which currently manufactures bearings in various specifications has already introduced low- friction-high-running accuracy bearings which will help automotive manufacturers in meeting BS-VI emission norms.
NEI has also announced that it will be investing Rs 350 crore over the next few years. Last month, NEI, through its wholly-owned European subsidiary had acquired Slovakia-based Kinex bearings.
