NEVS buys in-wheel motor developer Protean Electric

Green Car Congress
By mmillikinJun 4, 2019, 6:00 am245 pts
National Electric Vehicle Sweden (NEVS), a subsidiary of Evergrande Health, has acquired Protean Electric, a leading developer of in-wheel motor technology. The acquisition is part of Evergrande’s strategy to become a major player in the global electric vehicle (EV) industry, and paves the way for NEVS to…

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