Protean Electric has announces a partnership with FAW-VOLKSWAGEN (China) to develop an all new electric propulsion system that will include Protean Electric's in-wheel motors with intent towards a demonstration vehicle program and production.
FAW-VW will create an all-new rear-wheel drivetrain for a pure Electric Vehicle (EV) based on the new Bora compact sedan, utilizing two Protean in-wheel motors. This cooperation began several months ago and so all bench testing, engineering calibration and on site application support is expected to be completed within a year. Protean Electric will also assist FAW-VW in the development of safety and vehicle controls that can be applied to additional vehicle programs.
"Protean Electric is very pleased and honored to be working with FAW-VW. Our involvement with this prestigious automaker shows that Protean Electric is continuing to serve as a valuable resource for OEMs as they develop New Energy Vehicle programs," says Kwok-yin Chan, CEO of Protean Holdings Corp. "This is a two-phase project that will capitalize on the torque and packaging freedoms that Protean Drive™ can bring to an automaker. Our technology will return the space to the new Bora vehicle platform that was formerly occupied by an in-board motor and powertrain."
Protean raised $84 Million in VC funding last year and moved their operation to Liyang, Jiangsu Province, China.
