New Kia Concept EV5 previews all-electric SUV for Chinese market

More

The Volkswagen ID. 2all previews sub-25,000 euros electric car

More

The Kia EV9 all-electric SUV revealed

More

2023 Lexus RZ 450e goes on sale with a starting price from $59,650

More

Truemag

  • Electric Car News
  • Electric Car Reviews
  • Plug-in Hybrids
  • Technology
  • Home
  • About Us
  • Privacy Policy
  • Advertise
  • Charging Map

Local Motors and Protean Electric Extend Strategic Partnership to Accelerate Adoption of Olli Electric Autonomous Vehicles

Autonomous vehicles manufacturer Local Motors and Protean Electric, the world leader of in-wheel motor technology, have expanded their long-standing partnership, inking a further three-year deal valued at $7.3 million.

Under this new order, Protean Electric will deliver thousands of its ProteanDrive in-wheel motors (IWMs) to power Local Motors’ Olli 2.0 electric autonomous shuttles, accelerating the rollout of the state-of-the-art vehicles around the world.

The Olli autonomous shuttle is in use today on campuses and city streets in the Americas, Europe and Asia. Olli’s autonomy system ensures safe autonomous operation and delivers an unmatched rider experience, thanks in large part to the ProteanDrive in-wheel motors, which are lighter, smoother, and more energy-efficient than alternative solutions such as e-axles. The ProteanDrive in-wheel motors also allow Local Motors to maximise passenger space, vehicle range, and platform reliability while reaping the cost benefits delivered by this best-in-class electric wheel technology.

“Now in live deployments around the world, Olli is truly changing the way that we look at transportation, providing a smart, safe, sustainable option for getting around,” said Vikrant Aggarwal, President of Local Motors. “One of the keys in driving broad-scale adoption of electric autonomous vehicles is delivering an exceptional passenger experience, and the ProteanDrive in-wheel motors play a huge role in that experience, providing a smooth, quiet, and reliable ride while allowing us to optimise vehicle design to better address real-world use cases.”

This major new order for ProteanDrive in-wheel motors comes amid burgeoning market demand for battery electric vehicles (BEVs); according to research from BloombergNEF, adoption of BEVs is set to grow from just three per cent of global automotive sales in 2020 to 28 per cent in 2030 and is expected to reach 58 per cent by 2040. Protean Electric is primed to capitalize on this significant growth opportunity; the company has been developing and refining its IWM technology for the past 12 years and is meeting the market with a reliable, tested solution ready for massive deployment. In addition to Local Motors, Protean is currently deeply engaged with four major automotive OEMs.

The accelerating climate crisis further underscores the urgent need to transition to BEVs; because road transportation is estimated to account for approximately 17 per cent of greenhouse gas emissions, the electrification of the automotive industry could drive significant, positive impact in the battle against climate change. The Local Motors/Protean Electric partnership represents a critical proof point for the reduction in carbon per passenger mile, offering an alternative autonomous transport solution that improves mobility for all of society.

“We are thrilled to be building on our alliance with Local Motors, enabling them to rapidly scale deployments of Olli 2.0,” said Andrew Whitehead, CEO, Protean Electric. “This new deal not only reinforces Local Motors’ commitment to the ProteanDrive IWM solution but offers important industry validation that the technology is mature, reliable, scalable, and delivers the cost and performance needed to address the massive acceleration in electric vehicle adoption.”

Jun 25, 2021Blagojce Krivevski
Ferrari 296 GTB with 830 HP plug-in hybrid powertrain revealedHyundai’s Elec City Fuel Cell Bus Begins Trial Service in Munich
You Might Also Like
 
Ford to make autonomous drive cars for ride-sharing by 2021
 
Microsoft and Baidu join forces in the intelligent cloud to advance autonomous driving
Blagojce Krivevski

Blagojce Krivevski is physicist and green technology lover. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+.

GalleryJune 25, 2021 Electric Car NewsAutonomous Drive, LM Industries, Local Motors, local motors olli, olli, protean electric, ProteanDrive
Follow Us
  • facebook
  • twitter
  • google-news
  • linkedin
  • youtube
  • instagram
  • rss
Recent News
New Kia Concept EV5 previews all-electric SUV for Chinese market
March 20, 2023
Ford Mustang Mach-E And Tesla Model Y Achieve Good Ratings In New Test By IIHS
March 20, 2023
LiveWire ONE Electric Motorcycle Launches in Europe
March 20, 2023
PowerCo breaks ground on battery cell gigafactory in Valencia
March 20, 2023
Repsol and SEUR sign a strategic agreement to advance electric mobility
March 19, 2023
About
ElectricCarsReport.com ElectricCarsReport.com is a website dedicated to pure electric vehicles and the full range of consumer information and tools about electric cars, green technology energy, and the environment.
Latest News
New Kia Concept EV5 previews all-electric SUV for Chinese market
March 20, 2023
Ford Mustang Mach-E And Tesla Model Y Achieve Good Ratings In New Test By IIHS
March 20, 2023
LiveWire ONE Electric Motorcycle Launches in Europe
March 20, 2023
Get in touch

Email: [email protected]

Get new stories by email:
Archives
  • facebook
  • twitter
  • google-news
  • linkedin
  • youtube
  • instagram
  • rss
DMCA.com
© ElectricCarsReport.com | All Rights Reserved.