EMF Innovations
EMF Innovations designs and manufactures electric motors for electric vehicle applications, serving automotive OEMs through a B2B sales-led model. Acquired by Shriram Pistons & Rings in December 2022, it was rebranded as SPR Auto Technologies.
- Company typePrivate
- Founded2015
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What EMF Innovations does
EMF Innovations Private Limited is a Singapore-headquartered designer and manufacturer of electric motors, with operations focused on electric vehicle applications. According to available sources, the company was founded in 2015 and operates with a workforce in the 101-250 range. Its core product offering is electric motors intended for integration into EV drivetrains and automotive platforms, serving automotive OEMs and EV component buyers through direct B2B sales relationships.
The company was acquired by New Delhi-based Shriram Pistons & Rings (SPR) in December 2022 through its subsidiary SPR Engenious, following which it was rebranded as SPR Auto Technologies. The acquisition is positioned by industry analysts as a template for legacy ICE component manufacturers seeking to mitigate obsolescence from the EV transition. Post-acquisition, the parent company's stock price rose approximately 636% from ₹548 in December 2022 to ₹4,033 by June 2023, indicating public market approval of the strategic pivot.
EMF Innovations generates revenue through hardware sales of electric motors to automotive OEM customers under a B2B sales-led go-to-market motion. Pricing is negotiated on a quote basis and is not publicly disclosed. No specific named OEM customers, contract values, or volume figures are available in the source data, and no revenue figure has been disclosed. The company's competitive position rests on domain specialization in EV motor design and manufacturing, augmented by the manufacturing scale, distribution network, and financial backing provided by Shriram Pistons & Rings following the acquisition.
EMF Innovations firmographics
Firmographics- Name
- EMF Innovations
- Legal name
- EMF Innovations
- Website
- https://emf-i.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- EMF Innovations designs and manufactures electric motors for electric vehicle applications, serving automotive OEMs through a B2B sales-led model. Acquired by Shriram Pistons & Rings in December 2022, it was rebranded as SPR Auto Technologies.
- Ownership category
- akta.pro rank
EMF Innovations industry classification
Industry- Product category
- Electric Motors
- NAICS
- Motor and Generator Manufacturing (335312), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)
- SIC
- Motors & Generators (3621)
- akta.pro primary industry
- Automotive Electric Motors & Actuators Manufacturing (EPS/Brake-by-wire/Seat/Window) (IMACAJAL)
- akta.pro secondary industry
- Electric Drive Unit / E-Axle Manufacturing (Motors/Inverters/Gearboxes) (IMACACAC)
Keywords
Where EMF Innovations is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
EMF Innovations business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure
Revenue model
- Electric Motor Manufacturing: Design and manufacture of electric motors for automotive/EV applications sold to OEM manufacturers
Go-to-market motion1 record
EMF Innovations product offering
Product offeringCore offering
EMF Innovations designs and manufactures electric motors for electric vehicle applications, supplying these motor components directly to automotive OEM manufacturers. The company focuses on enabling automotive component manufacturers to transition from internal combustion engines to electric propulsion systems.
Product overview
EMF Innovations is an electric motor designer and manufacturer. According to the news source, the company focused on designing and manufacturing electric motors. No additional product details, modules, or specific product names are available in the source data.
Differentiator
Problem solved
Functional benefit
Products and services
- Electric Motors Electric motor design and manufacturing for electric vehicle applications, supplied to automotive OEM manufacturers and EV component buyers.
Companies that use EMF Innovations
Customer profileSegments1 record
Ideal customer profiles1 record
EMF Innovations technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
EMF Innovations partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
EMF Innovations competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
EMF Innovations financial estimates
Financial estimateRevenue estimate
Valuation estimate
EMF Innovations leadership team
Management profileNumber of profiles
EMF Innovations funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EMF Innovations M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EMF Innovations
What does EMF Innovations do?
EMF Innovations designs and manufactures electric motors for electric vehicle applications, supplying these motor components directly to automotive OEM manufacturers. The company focuses on enabling automotive component manufacturers to transition from internal combustion engines to electric propulsion systems.
Is EMF Innovations a public or private company?
EMF Innovations is a private company. It is classified as corporate owned and is currently acquired.
When was EMF Innovations founded?
EMF Innovations was founded in 2015. It employs 101 to 250 people.
Where is EMF Innovations based?
EMF Innovations is headquartered in Singapore, Singapore, in the Asia region.
How does EMF Innovations make money?
One revenue line is on record: electric Motor Manufacturing.
Does EMF Innovations have an API?
No public API is recorded for EMF Innovations.
What industry is EMF Innovations in?
EMF Innovations's product category is Electric Motors. Its primary akta.pro industry code is IMACAJAL, Automotive Electric Motors & Actuators Manufacturing (EPS/Brake-by-wire/Seat/Window), with a secondary code of IMACACAC, Electric Drive Unit / E-Axle Manufacturing (Motors/Inverters/Gearboxes). Its NAICS code is 335312 and its SIC code is 3621.