In-wheel electric drive company Protean Electric raises $40M; JV with Weifu
Green Car Congress
JUNE 1, 2018
The Series E financing proceeds will support Protean’s on-going business activities and help to establish a global licensing model covering all key markets. Protean maintains operations in the United Kingdom, China and the US, with its manufacturing plant at Tianjin, China. —Kwok-Yin Chan, CEO of Protean Electric.
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