DeepDrive

DeepDrive's End-of-Year Review

DeepDrive News: 22.12.2022

About DeepDrive

DeepDrive is a Munich-based high-tech startup offering e-motors for EVs. With our revolutionary new electric motor technology, we address the main problems of today’s electric vehicles by significantly reducing their cost by €3,000+ and increasing vehicle range by 20%. In addition, the technology is so compact that, instead of a central position, it can be integrated inside the wheels. At DeepDrive, we combine a radically new design with proven, deep expertise in the industrialisation of powertrains and develop a technology made for low-cost large-scale production. We received huge interest from the automotive industry and are working with 8 of the top 10 automakers in multiple development projects. With main partnerships already set up, we aim to start small series production by 2024 and proceed with large-scale series production by 2026.

DeepDrive is backed by renowned high-tech investors such as UVC Partners and Bayern Kapital, as well as business angels Jonas Rieke (COO of Personio) and Peter Mertens (former board member at Audi and Volvo).

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