Germany-Based Volektra Establishes El Dorado Hills, Headquarters Operations
05/26/2025
The company’s new U.S. headquarters will develop and produce its next-generation SEEM (Sustainable Electric Energy Motor) motors, including the latest iteration IESM (Inductive Electric Sustainable Motor) as well as support the production of the Gen 1 motors and control systems specifically tailored for the e-bike market.
“Setting up our headquarters in the Greater Sacramento region is a strategic move that aligns with Volektra’s commitment to sustainability and innovation,” said Manish Seth, Founder and Director of Volektra. “California’s robust support for green technology, combined with a talented workforce, makes it the ideal location for Volektra to accelerate the development of our breakthrough magnet-free motor technology and serve both domestic and international markets.”
Volektra specializes in magnet-free motor technologies, aiming to reduce reliance on rare earth minerals while achieving superior performance and lower costs. The company's key innovation is the Software Defined Virtual Magnet technology, which replaces physical magnets with a smart, software-controlled system.
“Our February Germany delegation trip strengthened ties with key industries, showcasing the region’s talent, R&D assets and affordability. This move reinforces Greater Sacramento’s position as a leader in cleantech innovation and a prime destination for global investment,” noted Barry Broome, President & CEO of the Greater Sacramento Economic Council. “I want to especially thank the late Supervisor John Hidahl, whose leadership was key in bringing companies like Volektra here. His contributions to our community will not be forgotten.”
Project Announcements
Ireland-Based Linde Plans Brownsville, Texas, Operations
06/12/2025
Canadian-Based Torvan Medical Plans High Point, North Carolina, Headquarters-Production Operations
06/12/2025
Amazon Web Services Plans Richmond County, North Carolina, Operations
06/12/2025
Rolls-Royce Expands Mankato, Minnesota, Manufacturing Operations
06/12/2025
StandardAero Component Services Expands Sharonville, Ohio, MRO Operations
06/12/2025
Azure Farms Plans South Point, Ohio, Production Operations
06/12/2025
Most Read
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Why Cold Storage May Defy the Tariff Crunch
Q2 2025
-
Get Your Mega Site ‘Project Ready’
Q2 2025
-
Navigating the new era of SCIF construction
Q1 2025