ProteanDrive Wheel Motors for Local Motors Olli EVs
Leader in the design, manufacturing, and deployment of autonomous vehicles Local Motors and Protean Electric have expanded their long-standing partnership, inking a further three-year deal valued at USD 7.3 million. Under this significant new order, Protean Electric will deliver thousands of its ProteanDrive in-wheel motors 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.
Protean Electric is primed to capitalize on this significant growth opportunity in EVs. 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.