Chara develops rare-earth-free synchronous reluctance motor systems that match the efficiency of permanent magnet motors while offering cost advantages. Their intelligent controllers utilize advanced firmware to optimize motor performance, thermal management, and torque delivery across EV and industrial applications. This technology provides customers with sustainable, reliable, and high-efficiency motor solutions free from rare-earth supply chain risks.
Funding
$5.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EVFounders
Product
Problem
Electric motors often rely on rare-earth magnets, which are subject to volatile supply chains, environmental concerns related to mining, and significant cost fluctuations. This dependence creates supply risks and increases the overall cost of motor systems.
Solution
Chara develops synchronous reluctance motor systems that eliminate the need for rare-earth magnets by utilizing sustainable and readily available materials. These motor systems achieve energy efficiency comparable to permanent magnet motors while significantly reducing costs. By removing reliance on rare-earth minerals, Chara mitigates supply chain risks and lowers CO2 emissions associated with their extraction and processing. The technology offers a sustainable and cost-effective alternative for a wide range of applications.
Target Audience
Chara's target audience includes manufacturers of electric vehicles, industrial equipment, and other applications requiring efficient and sustainable motor systems.
Features
- Synchronous reluctance motor design that avoids the use of rare-earth magnets
- Utilization of sustainable materials to minimize environmental impact
- Energy efficiency comparable to permanent magnet motors
- Intelligent motor controllers with Drive Control Firmware (DCF) for optimized performance
- Enhanced durability through the use of cost-effective, high-strength materials
- Ripple-free torque delivery for smooth operation
- Advanced firmware for efficiency and reliability in demanding applications