EIT InnoEnergy invests €4.2M in electric in-wheel drive company Elaphe

Green Car Congress
By mmillikinOct 3, 2020, 4:30 am372 pts
EIT InnoEnergy announced a €4.2-million A+ investment in Elaphe Propulsion Technologies Ltd. (Elaphe), a developer of electric in-wheel-drive technology for electric vehicles. The investment will serve as a springboard to secure further growth. Elaphe’s approach to the in-wheel powertrain system is a fully…

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