BMW i Ventures Invest in DeepDrive’s Transformative EV Motor
Marcus Behrendt, Managing Director at BMW i Ventures, pointed out that DeepDrive’s innovative technology could “set new standards for e-mobility” and pave the way for the next generation of electric vehicles. The investment aligns perfectly with BMW’s broader strategy to support startups focusing on sustainability and efficiency in the automotive sector.
Tackling the challenges of EV adoption
DeepDrive’s dual-rotor motor technology addresses some of the biggest challenges in the automotive industry as it transitions to e-mobility. By reducing the price gap between internal combustion engine vehicles and EVs, DeepDrive’s motor could make electric cars more accessible to consumers, accelerating the mass adoption of EVs.
Additionally, the motor’s improved efficiency and extended range make it a prime candidate to help EVs reach their full potential in performance and sustainability. The environmental benefits of DeepDrive’s motor are just as impressive, offering a reduction in CO2 emissions during production and operation. Fewer natural resources are needed to build the motor and its efficiency helps to minimise the energy required during use.
Looking to the future
With this fresh funding, DeepDrive is gearing up to convert high-volume projects from its customer pipeline, including eight of the world’s ten largest automakers.
Their goal? To build in-house production lines capable of industrialising their dual-rotor motor technology, making it available globally. By 2026, DeepDrive aims to have its motors powering a new wave of EVs[1], helping to shape the future of e-mobility.
As Felix Pornbacher confidently stated, their technology will “revolutionise vehicle electrification” – and with the backing of BMW i Ventures and other significant investors, DeepDrive is on the fast track to making that vision a reality.