The VELMotor Promise
VELMotor is the European alternative for manufacturers who demand performance without compromise. We focus on high-efficiency motor solutions that deliver reliable performance — without the unnecessary cost layers common in legacy brands.
EU Production
Our electric motors are manufactured in the European Union, complying fully with CE standards and supported by EUR.1 certification.
High Efficiency
Fair Pricing
We focus on high-efficiency solutions that deliver reliable performance — without the unnecessary cost layers.
Stable Supply
Stable production planning, clear lead times, and support from engineers who understand your application.
Built from Real Industry Experience
The Begining
Our story begins in 1950, when John Doe founded our third-generation financial planning firm.
Acquisition
Finovate has been acquired by NM Holdings, LP, a financial services distribution company, to drive future growth and support ongoing mergers and acquisitions plans.
Partnership
Finovate has formed a partnership with Meks Capital Group, LLC, a financial services holding company, to drive continued growth through mergers and acquisitions.
Expansion
Finovate has been acquired by Move Holdings, LP, a financial services distribution company, to fuel future growth and advance ongoing mergers and acquisitions strategies.
Vlachakis George
Co-Founder, VEL Motor
Vlachakis George is an established entrepreneur and engineering specialist with a proven track record in industrial systems, precision technologies, and advanced manufacturing. As the owner of Vlachakis Systems Ltd and Unijet Waterjetting Systems, he has spent years developing high-performance machinery.
With deep practical expertise in mechanical design, automation, and high-pressure cutting technologies, George has built a reputation for quality, reliability, and continuous innovation. His companies have served a wide range of industries.
George’s vision is to create a European-standard manufacturing hub capable of producing robust, efficient, and environmentally friendly electric motors for industrial, commercial, and specialized applications.
Oğuzhan Tokgöz
Co-Founder, VEL Motor
Oğuzhan Tokgöz brings a strong background in technical operations, industrial sourcing, and international sales management. Before establishing VEL Motor, he built his career across engineering-driven environments and commercial roles.
Throughout his career, he has combined hands-on technical understanding with a results-oriented commercial mindset—managing production workflows, overseeing quality processes, developing supplier networks, and leading international sales initiatives across multiple markets.
At VEL Motor, Oğuzhan is responsible for strategic planning, supplier partnerships, production coordination, and global market development. His vision is to build VEL Motor into a trusted brand recognized for engineering excellence.
Designed for Real Applications
“Our purpose is to help people and organizations dream bigger, move faster, and build better tomorrows for all.”
John Smith
2024 Diversity, Equity, and Inclusion Report
- 2025
