Protean Electric

Activity by year

201820192020202120222023202420252026

PartnershipContractAcquisition

Feb 20, 2026ACQUISITIONUnited Kingdom$32.8M
Exedy Corporation to acquire Protean Electric Ltd. for JPY 5.17 billion
Exedy Corporation resolved to acquire all shares of Protean Electric Ltd., a UK-based developer of in-wheel motors, for approximately JPY 5.17 billion, making it a wholly owned subsidiary. The acquisition date is February 26, 2026.
Exedy Corporation acquirer Protean Electric target BD Auto And Energy Ltd. partner BEDEO Group partner #Automotive Components japanir.jp autocarmotor.com marketscreener.com
Jun 25, 2021CONTRACTUnited States$7.30M
Local Motors orders $7.3M in Protean Electric motors for Olli shuttles
Local Motors placed a $7.3 million, three-year contract with Protean Electric to supply thousands of in-wheel drive motors for its Olli 2.0 autonomous shuttles.
Protean Electric supplier Local Motors customer #Automotive Components 3dprint.com
Nov 2, 2018PARTNERSHIPUnited States
Linamar becomes manufacturing partner for ProteanDrive
Linamar Corporation has become the manufacturing partner for Protean Electric's in-wheel electric drive systems, covering all ProteanDrive models for North American OEMs.
Linamar partner Protean Electric partner #Automotive Components just-auto.com

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