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Protean Electric
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Developer of in-wheel electric drive systems for hybrid and electric vehicle applications

Founded in 2009
Founded in

Company type Acquired Public ()
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Industry Group transportation & logistics

Sector vehicle components

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Troy, MI Troy, United States
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Updated by Tom Prucha at Protean Electric Inc. on 09/24/2016

Edited by Cleantech Group on 06/30/2022

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06/29/2021
Local Motors Local Motors
Protean Electric will provide in-wheel motors for Local Motors' electric autonomous shuttles.
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Confirmed by Local Motors
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Date Investors Type Amount
05/31/2018 Weifu High Technology Group Weifu High Technology Group , Oak Investment Partners Oak Investment Partners (2)
Post-money valuation of
The Series E funding will support Protean’s on-going activities and help to establish a global licensing model covering all key markets. Weifu have further invested in the relationship by agreeing to form a Joint Venture in China for the manufacture of ProteanDrive Pd18.
 Growth Equity $40,000,000
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Protean Electric In-Wheel Motor PD18

Protean Electric has designed and developed a unique in-wheel electric drive system for hybrid, plug-in hybrid and battery electric light-duty vehicles. The Protean Drive® system can improve vehicle fuel economy, add torque, increase power and enable improved vehicle handling to both new and existing vehicles. Protean Drive® is a fully-integrated, direct-drive solution.

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