Press Release | April 16, 2024
Detroit, Michigan — Torev Motors won the Global Automotive & Mobility Innovation Challenge (GAMIC) on Monday in Detroit, Michigan.
GAMIC is an innovation-driven organization that works to identify innovative companies, cultivate new technologies and solutions, and hasten their adoption into the automotive and mobility industries. Each year, GAMIC holds a global startup competition to locate the best emerging technology companies. This year, 1,500 applicants were narrowed down to 100 quarterfinalists, and then 10 startup innovators were selected to present their mobility solutions and roadmap to commercialization, to the audience and judges at the GAMIC finals in Detroit.
Torev Motors, based in Arlington, Virginia, was selected as one of the four winners of the 2024 competition. The winners share an award of over $300,000 of in-kind acceleration and manfucaturing support and services, as well as introductions to key strategic partners.
Torev Motors makes next generation electric motors for the transportation space, using a first-of-its kind double axial flux motor, which reduces the use of rare earth metals and improves vehicle efficiency and performance.
Founder and CEO of Torev, Rory Brogan, commented on the GAMIC win, “This is a huge win for Torev and a continuation of the strong market validation we have for our technology. We would especially like to thank our mentors, John Jennings of Amsted Automotive and Vic Havele of CAEtech Ventures, and the judges for your time, energy, and support. We are proud to play a role in advancing electrification and highlighting the innovation occurring in DMV-based companies.”
To learn more or schedule a meeting with Mr. Brogan, please visit Torev’s website at torevmotors.com.