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05 Nov
09:37

Bedeo acquires Protean for EV expansion

EV manufacturer Bedeo has agreed to acquire British start-up Protean Electric from the automotive subsidiary of China's Evergrande Group, Kallanish reports.  On 4 November, Evergrande New Energy Automobile issued a statement confirming the news without disclosing the terms of the transaction. Bedeo mainly provides light commercial vehicles and zero-emission transportation technologies. In 2019, the company signed a contract to provide power transmis…
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