BMW-backed DeepDrive raises €30M to industrialise ultra-efficient EV motor

German startup DeepDrive has bagged €30mn to scale up its electric motor technology that promises to boost EV range to over 800km — without any changes to battery capacity. Founded in 2021, DeepDrive claims its dual-rotor motor boasts the highest torque and power density of any EV motor available today. It also has low noise emissions, and is built using far fewer rare earth materials.   DeepDrive says its technology can make electric cars 20% more energy efficient, enabling automakers to build EVs with greater range at a lower cost.   DeepDrive is currently co-developing its electric motors with eight  of the…

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