Protean Electric, the automotive technology company focused on in-wheel electric drive systems, and diversified global manufacturing company Linamar Corp., announced today that Linamar has become the manufacturing partner for ProteanDrive in key growth segments globally.
The agreement covers the full range of ProteanDrive models, with Linamar providing manufacturing capacity to support market opportunities in all passenger car and commercial vehicle segments for North American OEMs Worldwide. Protean will provide the technology and product validation expertise for the full product lifecycle, enabling Linamar to manufacture and sell ProteanDrive using its existing supply chains, manufacturing facilities and customer relationships.
“We are excited about this new partnership with Protean for in-wheel drive systems. Protean has developed excellent technology we think will revolutionize the drive of electric vehicles in the future,” said Linamar CEO Linda Hasenfratz.
“I am delighted that Linamar has agreed to partner with us. Their expertise and reputation for manufacturing highly engineered components at scale makes them the perfect partner. This agreement allows Linamar and Protean Electric to focus on their independent strengths to give customers far better access to our technology at competitive pricing,” said KY Chan, CEO and chairman of Protean Electric.