Tag: electric motor

EV motor company DeepDrive lands €30m investment

Germany-based electric motor manufacturer and startup, DeepDrive, has announced a successful investment of €30 million, in its Series B funding round.This second round of funding brings the total raised by the firm to just...

Renault and Valeo collaborate to slash emissions with the E7A electric motor

Renault and Valeo are jointly creating E7A, a rare-earth-free electric motor, to debut in 2027.E7A eliminates rare earths, reducing its carbon footprint by 30%, and operates at 800 volts for increased efficiency.The motor achieves...