Inmotive Signs Letter of Intent for Multi-Sector Collaboration on Next-Generation Transmission Solutions
Strategic Industry Collaboration will Accelerate the Future of Multi-Speed EV Transmissions
Toronto, Canada – Jan 8th, 2025 - Inmotive, a leader in ultra-efficient multi-speed transmission technology, has signed a Letter of Intent (LOI) with a top-tier transmission supplier, marking a pivotal step toward bringing next-generation drivetrain solutions to market.
This strategic agreement validates industry interest in Inmotive’s breakthrough Ingear EV 2-speed transmission module and initiates a structured collaboration to advance design for manufacturability, prototype development, and commercial feasibility across multiple vehicle sectors, including off-road, utility, and passenger applications. By working with a Tier-1 supplier with extensive experience in mass production, Inmotive is well-positioned to accelerate the adoption of its technology.
"This agreement underscores the increasing demand for high-efficiency multi-speed electric drivetrains," said Paul Bottero, CEO of Inmotive. "Working alongside an established industry partner allows us to accelerate the commercialization of our technology and drive significant performance and cost benefits for automakers and fleet operators alike."
Under the LOI, both companies will engage in design for manufacturability (DFM), prototype development & testing, customer engagement, and licensing discussions. As the collaboration progresses, both parties will evaluate market viability through a combination of technical assessments, cost modeling, and strategic customer discussions. The agreement lays the groundwork for a potential licensing deal, aligning with Inmotive’s vision to revolutionize vehicle efficiency and electrification.
Further updates will be shared as the partnership advances.
About Inmotive Inc.
Inmotive is a pioneering developer of ultra-efficient multi-speed powertrains for electric vehicles. The company’s flagship product, the Ingear™ transmission, delivers superior efficiency and performance for a wide range of EV applications. Committed to advancing sustainable mobility, Inmotive partners with leading manufacturers to redefine what’s possible in electric and alternative energy transportation.
Media Contact
Brittney Popa
MBE Group (on behalf of Inmotive)
(231) 675-1692
bpopa@mbe.group