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EXEDY Corporation acquires in-wheel motor developer Protean Electric, UK

On March 6, Protean Electric (Protean) announced that it had been acquired by EXEDY Corporation (EXEDY) from vehicle electrification technology provider BEDEO Group. Under the ownership of EXEDY, Protean will be able to meet the market demand for its in-wheel motors at an industrial scale and competitive cost.  It wi....

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