Investor Relations:

Investor Relations


NuGen Mobility was incorporated in the State of Delaware in Sept 2006. The origins of technology can be traced back to the early 1990’s when R&D was conducted that led to the development of an innovative, advanced electric motor technology.  The core technology – the axial flux, DC brushless, permanent magnet motor – was first demonstrated in solar cars built and raced by this R&D team. Today, more than 90% of the solar car teams use this drive system, and these systems have produced winners every year and in every race ever since they were introduced in the market.

In pursuit of further developing and improving its technology, NuGen has taken a lead role in various projects, some of which include: Integration of NuGen’s heavy duty motors in a 22’ bus, a project that was funded by the Defense Advanced Research Projects Agency (DARPA); an electric bus project in Egypt to take tourists to the pyramids of Giza funded jointly by World Bank’s Global Environment Facility and Egyptian government’s Social Fund for Development; the Indian Zero Emission Transportation Project (IZET) funded by United States Agency for International Development (USAID) and partnered by Bajaj Auto of India; an electric micro truck project with Mahindra & Mahindra of India; and an electric scooter project with BSA motors also of India.


Ever since its inception, NuGen has focused on making the technology mass producible. While prototyping and production of low volume products, such as the solar car products, continues to be undertaken at the US facility, NuGen partners with overseas manufacturers, such as   Bajaj Auto of India  for a few categories of products.



Led by world class entrepreneurs, NuGen has a high caliber staff that consists of electrical,  mechanical, and software engineers; experts in the field of electro-magnetics and vehicle level simulation; integration specialists; and technology managers, many with advanced degrees, providing NuGen with extensive capabilities in electromagnetics; materials; mechanical and electrical design; heat transfer analysis; finite element analysis; and all aspects of vehicle design and simulation. 


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