NetGain Motors
NetGain Motors is a Lockport, Illinois-based specialty distributor of electric motors, controllers, and patent-pending hybrid conversion hardware sold exclusively through a certified worldwide dealer network to EV conversion shops, racing teams, fleet operators, and industrial OEMs.
- Company typePrivate
- Founded1998
- HeadquartersLockport, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What NetGain Motors does
NetGain Motors, founded in 1998 and headquartered in Lockport, Illinois, is a specialty distributor of electric motors, controllers, and hybrid-conversion hardware serving the EV conversion market. The company's product portfolio centers on the HyPer 9 SRIPM (Synchronous Reluctance Internal Permanent Magnet) AC motor operating in IEC IE4 Super Premium Efficiency class, with matching HyPer-Drive X1 controller/inverter, the WarP/ImPulse/TransWarP series of brushed DC motors (9, 10, and 12 inch) manufactured by Warfield Electric in Frankfort, Illinois, and the Micro 8 IPM motor line for compact industrial and recreational applications. NetGain holds exclusive worldwide distribution rights for the SME/DANA-TM4-manufactured HyPer line and the Warfield DC line, and has developed a patent-pending Engine Motor Interface System (EMIS) for converting 1996+ rear-wheel-drive ICE vehicles into gas-electric or electric-assist hybrids.
The business model is exclusively channel-based: NetGain sells only to authorized motor dealers and OEM accounts that meet minimum purchase thresholds (3 motors initial, 3 per year ongoing), hold required business licenses and resale tax certificates, and demonstrate EV conversion expertise. Dealers are certified for HyPer 9IS and EMIS installations, and the company supports demand generation through NHRA and NEDRA drag-racing sponsorships (Bad Amplitude electric dragster), car-show circuits, PR distribution to Chicago-area publications and EV outlets, and website/knowledge-base content. Pricing is unit-based across product lines (a PDF price list is published), with no subscription, SaaS, or platform revenue disclosed.
NetGain serves four primary use-cases: (i) authorized conversion shops performing full EV or hybrid conversions for individual customers, (ii) racing teams using NetGain motors for high-performance electric drag racing and show vehicles, (iii) fleet operators being targeted for EMIS hybrid retrofits with modeled 18-24 month payback economics, and (iv) industrial OEMs requiring compact, high-power-density motors. The company operates on a very lean team (1-10 employees) with no institutional funding, no disclosed revenue, and family-controlled ownership centered on the Hamstra family. Strategic manufacturing dependencies on Warfield Electric (Illinois) and SME/DANA-TM4 (Italy) for proprietary hardware supply create a key supply-side concentration consideration.
NetGain Motors firmographics
Firmographics- Name
- NetGain Motors
- Legal name
- NetGain Motors, Inc.
- Website
- https://go-ev.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- NetGain Motors is a Lockport, Illinois-based specialty distributor of electric motors, controllers, and patent-pending hybrid conversion hardware sold exclusively through a certified worldwide dealer network to EV conversion shops, racing teams, fleet operators, and industrial OEMs.
- Ownership category
- akta.pro rank
NetGain Motors industry classification
Industry- Product category
- Electric Vehicle Motors and Powertrain Components
- NAICS
- Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)
- SIC
- Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Electric Drive Unit / E-Axle Manufacturing (Motors/Inverters/Gearboxes) (IMACACAC)
- akta.pro secondary industries
- AC Motors (Induction, Synchronous) (IMAGACAA), Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ)
Keywords
Where NetGain Motors is headquartered
LocationHeadquarters
- HQ city
- Lockport
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
NetGain Motors business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain
Revenue model
- Electric Motor Sales: Direct sales of electric motors (HyPer, WarP, ImPulse, TransWarP) to authorized dealers and OEMs worldwide. Products are sold as individual components (motors, controllers) or as integrated systems. Revenue is generated through product sales with pricing based on motor type, power rating, and configuration.
- EMIS Hybrid Conversion Systems: Sale of Engine Motor Interface System (EMIS) for hybrid conversions. Certified EMIS dealers perform installations. Product works with 1996+ rear wheel drive vehicles with automatic transmission, requiring 48V or 72V battery systems.
- Dealer Network Sales: Authorized dealers purchase motors and components for resale and installation. Dealers must meet prerequisites including minimum order quantities (3 motors minimum, 3 per year). Company provides support, visibility, and shared commitment to growth for dealer success.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Motor product lines with varying power ratings and configurations |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
NetGain Motors product offering
Product offeringCore offering
NetGain Motors distributes electric motors, controllers/inverters, and hybrid conversion systems for converting internal combustion engine vehicles to electric or hybrid powertrains. The company holds exclusive worldwide distribution rights for the HyPer SRIPM AC motors, WarP/ImPulse/TransWarP DC motors, and Micro IPM motors, paired with proprietary HyPer-Drive X1 inverters and the patent-pending EMIS hybrid interface system. Products are sold exclusively through an authorized global dealer network and to OEMs.
Product overview
NetGain Motors is an electric motor distributor offering a portfolio of motors for electric vehicle conversions and hybrid applications. The core product line includes SRIPM motors (HyPer 9), DC motors (WarP, ImPulse, TransWarP), and IPM motors (Micro 8), paired with matching controllers/inverters (HyPer-Drive X1). The company also offers the EMIS hybrid conversion system as an add-on module that integrates with existing vehicle systems. Products are distributed exclusively through an authorized dealer network worldwide.
Differentiator
Problem solved
Functional benefit
Brands
- HyPer: SRIPM (Synchronous Reluctance Internal Permanent Magnet) motors including HyPer 9, a high-efficiency motor operating in IEC's highest efficiency class IE4.
- WarP
- ImPulse
- TransWarP
- EMIS
- HyPer-Drive
Products and services
- HyPer 9 SRIPM Motor 3-Phase AC Synchronous Reluctance Internal Permanent Magnet (SRIPM) motor operating in IEC IE4 Super Premium Efficiency class, delivering 30-40% more peak torque than comparable AC motors without rare-earth magnets. Features advanced programmability, tailorable regenerative braking, single pedal driving, and multiple operating profiles. ~95% peak efficiency, 173 lbs.-ft shaft torque at zero RPM, 85 KW peak load, 8000 max RPM.
- HyPer-Drive X1 Controller/Inverter
Quantifiable outcome
- ~95% peak efficiency for HyPer 9 motor system
- +5 more outcomes
Companies that use NetGain Motors
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles3 records
NetGain Motors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
NetGain Motors partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, minor and strategic.
- SME North America, Inc.coreStrategic relationship where SME manufactures HyPer 9 SRIPM motors and NetGain has exclusive worldwide distribution rights for electric vehicle conversions. Combined SME's SRIPM technology with NetGain's 20+ years of EV application experience. SME is a High Technology company headquartered in Italy with global presence.
- Briggs & StrattonminorSponsor of 'Bad Amplitude' battery powered dragster. World's largest producer of air-cooled gasoline engines. Provides Etek Electric Motor System and generators for battery charging between races. Demonstrates commitment to innovative power solutions.
- Bump and Grind Auto BodyminorSponsor providing custom paint work for 'Bad Amplitude' dragster. High quality finish work matching professional race team standards.
- Littelfuse, Inc.minorSponsor of NetGain's battery powered dragsters 'Bad Amplitude' and 'White Zombie'. Littelfuse provides fuses and circuit protection components for extreme electric vehicle drag racing conditions. NetGain uses Littelfuse products on both vehicles for safety.
- Keeley Small Cap Value FundminorFinancial sponsor of 'Bad Amplitude' electric dragster. Chicago-based investment fund supporting alternative energy research through motorsports.
- Fay Electric Wire Corp.coreFay Electric supplies custom cables, wires and assemblies exclusively through NetGain Motors for the EV marketplace. Materials designed for reliability, flexibility, abrasive resistance, anti-corrosion, anti-oxidation, temperature extremes and high voltage EV power transmission.
- Warfield Electric Motor CompanycoreExclusive arrangement where Warfield Electric manufactures DC motors (9", 10" and 12") for NetGain distribution. Motors include compound wound configurations with shunt and series field windings for regenerative braking. Warfield supplies motors designed for both street EVs and high-stress drag racing applications. NetGain showcases Warfield motors in racing applications.
- DANA/TM4coreManufacturer of Synchronous AC Motors (SRIPM) used in HyPer 9 motors. Located in Italy. Partnership enables production of high-efficiency IE4 motors for EV applications.
- NASAstrategicNetGain collaborated with NASA on research projects testing technology intended for Mars Rover applications. Company also worked with NASA Illinois on hybrid power supply systems research. NASA work contributed to development of EMIS technology.
- Wish Upon A Star FoundationminorChildren's charity benefiting sick and injured children. NetGain participates in charity events including Sheriff's Challenge 2000, providing exposure for alternative fuel technology while supporting community.
- PEP Boys Auto PartsminorSponsored charity car show benefiting Wish Upon A Star Foundation. NetGain displayed vehicles including Honda Insight 'Out-a-Sight' at PEP Boys sponsored event.
- Spitzer Race CarsminorBuilt custom flex chassis for 'Bad Amplitude' dragster, licensed for Advanced ET (300MPH+), ET-1. Chassis designed to NetGain Motors specifications.
- National Hot Rod Association (NHRA)strategicNHRA allows NetGain to showcase electric dragsters at Federal Mogul Series races. Beginning January 1999, NHRA rules changed to allow electric vehicles to compete. NetGain provides EV training manuals to NHRA tech inspectors.
- National Electric Drag Racing Association (NEDRA)strategicElectric vehicle racing organization hosting events including Mason Dixon Electric Drags. Bad Amplitude won fastest/quickest EV recognition at NEDRA events.
- Fox Valley Electric Auto Association (FVEAA)minorSponsored student EV conversion project at Triton College converting Ford Ranger to electric power using NetGain motors.
Scale indicators8 records
Recent moves8 records
Expansion highlights5 records
NetGain Motors competitors and assessment
Company assessmentDirect peers
- EVTV Motor Werks: EV conversion media and components retailer (Jack Rickard), historically a leading distributor of motors and controllers for DIY converters — directly comparable to NetGain's products and dealer/distribution model.
- EV West: A leading EV conversion shop and component supplier offering motors, controllers, and full conversion kits — directly competes with NetGain's dealer-fulfilled conversion parts ecosystem.
- Canadian Electric Vehicles: Manufacturer and supplier of EV conversion kits, motors, and controllers for converting ICE vehicles to electric — same conversion aftermarket served by NetGain.
- Thunderstruck Motors: Supplier of EV conversion motors (including AC induction), controllers, BMS units, and components aimed at the same EV-conversion dealer/hobbyist market that NetGain serves.
- HPEVS (Hybrid Performance Electric Vehicle Solutions): A direct competitor offering AC induction motors, controllers, and EV conversion drivetrain packages for hobbyist and light commercial EV conversions — the closest product-overlap peer to NetGain's HyPer and HyPer-Drive lines.
- Zero EV: UK-based EV conversion specialist offering drivetrain components and conversion kits with similar AC motor/controller configurations to those NetGain distributes.
Broad incumbents
- Cascadia Motion: Parker Hannifin / Dana integrated EV drive unit business producing motors and inverters for OEM and specialty vehicle electrification — a broader incumbent with potential competitive overlap at the EV drive-unit level.
- Turntide Technologies: Larger motor and power electronics company with a broad electrification portfolio; competes more broadly across industrial and mobility applications, with potential overlap in EV-conversion-adjacent markets.
Emerging players
- AEM (Advanced Electric Machines): Develops rare-earth-free electric motors for commercial vehicles and other applications — competes with NetGain's rare-earth-free SRIPM positioning in adjacent commercial/mobility markets.
- Metric Mind Corporation: EV conversion technology supplier and engineering services for retrofitting ICE vehicles, with offerings that intersect NetGain's conversion and EMIS-style hybrid retrofit space.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
NetGain Motors social profiles
Digital presenceNetGain Motors financial estimates
Financial estimateRevenue estimate
Valuation estimate
NetGain Motors leadership team
Management profileNumber of profiles
Profiles7 records
NetGain Motors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NetGain Motors 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 NetGain Motors
What does NetGain Motors do?
NetGain Motors distributes electric motors, controllers/inverters, and hybrid conversion systems for converting internal combustion engine vehicles to electric or hybrid powertrains. The company holds exclusive worldwide distribution rights for the HyPer SRIPM AC motors, WarP/ImPulse/TransWarP DC motors, and Micro IPM motors, paired with proprietary HyPer-Drive X1 inverters and the patent-pending EMIS hybrid interface system. Products are sold exclusively through an authorized global dealer network and to OEMs.
Is NetGain Motors a public or private company?
NetGain Motors is a private company. It is classified as family owned and is currently operating.
When was NetGain Motors founded?
NetGain Motors was founded in 1998. It employs 1 to 10 people.
Where is NetGain Motors based?
NetGain Motors is headquartered in Lockport, United States, in the North America region.
How does NetGain Motors make money?
Three revenue lines are on record. Electric Motor Sales are the primary driver. The others are EMIS Hybrid Conversion Systems and dealer Network Sales.
Who are NetGain Motors's main competitors?
Direct peers on record are EVTV Motor Werks, EV West, Canadian Electric Vehicles, Thunderstruck Motors, HPEVS (Hybrid Performance Electric Vehicle Solutions) and Zero EV. Broad incumbents are Cascadia Motion and Turntide Technologies. Emerging players are AEM (Advanced Electric Machines) and Metric Mind Corporation.
Does NetGain Motors have an API?
No public API is recorded for NetGain Motors.
What industry is NetGain Motors in?
NetGain Motors's product category is Electric Vehicle Motors and Powertrain Components. Its primary akta.pro industry code is IMACACAC, Electric Drive Unit / E-Axle Manufacturing (Motors/Inverters/Gearboxes), with a secondary code of IMAGACAA, AC Motors (Induction, Synchronous). Its NAICS code is 33632 and its SIC code is 3621.