EV maker Bedeo acquires Protean from Evergrande's auto unit

September 29, 2022

Register now for FREE unlimited access to Reuters.com RegisterA crane stands at a construction site near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China, Sept. 26, 2021. REUTERS/Aly Song/File PhotoNov 4 (Reuters) - UK-based e-mobility firm Bedeo said on Thursday it has acquired Protean Electric from China Evergrande Group's (3333.HK) automotive unit. Bedeo is buying Protean from National Electric Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group. Evergrande bought Protean, that produces in-wheel motors, in 2019. Register now for FREE unlimited access to Reuters.com RegisterReporting by Juby Babu and Maria Ponnezhath in Bengaluru; Additional reporting by Shivam Patel; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.