Chinese NEVS buys leading in-wheel electric motor manufacturer

Protean in-wheel electric motorNational Electric Vehicles Sweden announced last week that it has bought Protean, a British manufacturer of in-wheel motors for electric cars. In announcing the tie-up with NEVS, Protean said the acquisition will speed the rollout of its technologies in next generation electric and self-driving cars, and "paves the way for NEVS to deploy Protean...