Protean Electric Partners With SKF To Develop Advanced Drive Solutions For The Hybrid And Electric Vehicle Markets

AUBURN HILLS, Mich., Jan. 15, 2013 /PRNewswire/ -- Protean Electric today announced a strategic partnership with SKF to provide critical components for Protean's in-wheel electric drive system. The two companies also will look at additional new areas of collaboration for the hybrid and electric vehicle market.

Protean's in-wheel electric drive system is at the forefront of the next generation of technology to power motor vehicles. The electric motors reside in the unoccupied space in the wheel, producing power or propulsion exactly where drivers need it.  Protean Drive™ is a flexible system that can be used in pure electric vehicles, fuel cell vehicles or hybrid applications. The system also can be retrofitted to vehicles currently on the road with minimal modifications and installation. Production is scheduled to begin in 2013 in Liyang China.

The Protean-SKF five-year strategic partnership agreement will initially focus on the unique wheel bearing system with integrated sealing and sensors developed by SKF specifically for Protean Electric. The bearing design has a significant influence on the performance of the in-wheel motor, which operates in an extremely harsh environment.  The Protean bearing is custom-designed, in anticipation of a new market segment for wheel motors.  Beyond this initial project the companies will both look for new areas of collaboration that capitalize on their core expertise.

"We believe our in-wheel electric drive system will enable the wide-spread transformation of the global auto industry, and we are very pleased to partner with SKF, which is also a leader in its field," said Protean Electric Chairman and CEO Bob Purcell. "Only SKF can supply a bearing to meet the requirements for our unique in-wheel electric drive system. SKF also has the competence and skills to support the entire development lifecycle and series production."

"Aligned with our BeyondZero strategy, SKF is committed to developing technology to support the electric and hybrid vehicle market to further reduce the carbon footprint. Combining our engineering knowledge with Protean's expertise for in-wheel motors will be an excellent way to develop this market," said Tryggve Sthen, president, SKF Automotive.

Protean's in-wheel solution provides: 

• Fuel economy improvements across a wide range of vehicles of up to 30 percent depending on battery size
• 81 kW (110 hp) and 800 Nm (590 lb.-ft. torque) in each motor
• Powerful enough for hybrid, PHEV or used as the only source of traction drive for EV applications
• Highest torque density of any of today's leading electric propulsion systems
• Weight of only 31 kg (68 lbs.) per motor
• Fits within the space of a conventional 18-inch road wheel, simplifying vehicle integration
• Superior regenerative braking capabilities, which allow up to 85 percent of the available kinetic energy to be recovered during braking

Protean has been awarded 25 patents for its unique technology and design, and 84 additional patent applications have been filed internationally and with specific countries in North America, Europe and Asia. Protean also has won the prestigious 2012 Technology Pioneers Award from the World Economic Forum and has been named one of the 10 most promising technologies for 2013 by Car and Driver magazine. 

Protean has developed multiple demonstration vehicles, including a Ford F150 pick-up truck, Volvo C30, Vauxhall Vivaro cargo van, Guangzhou Automobile Company Trumpchi, and BRABUS full electric and hybrid vehicles, based on the Mercedes-Benz E-Class.

About Protean:
Protean Electric is a leading clean technology company that designs, develops and manufactures the Protean Drive™, a fully integrated, in-wheel motor, direct-drive solution. Protean Electric is strategically positioned to play a major role in the hybrid and electric vehicle market by offering a combination of packaging advantages, new vehicle design opportunities, performance benefits and cost savings. Protean is funded by Oak Investment Partners, GSR Ventures and Jiangsu New Times Holding Group Co., Ltd. Protean Electric has operations in the United States, United Kingdom, Hong Kong and Germany. For more information, visit www.proteanelectric.com.

Contact:
Debbie Frakes
[email protected]
248.444.0746

SOURCE Protean Electric