2023-08-11 News from China Quality News Network, recently, Weilai Capital WeChat public account announced that it has led the investment in the A-round financing of Mavel, an electric drive solution provider, and the latter has obtained a platform for the next generation of Weilai Automobile. Designated project development point for core components.
It is reported that Mavel has successively completed rounds A and A+ of tens of millions of US dollars in financing, and is accelerating the implementation of the industry and continuing to expand domestic and foreign OEM customers.
According to information, Mavel was established in Italy in 1999, and its core team comes from Jaguar Land Rover, Mercedes-Benz, BMW, SAIC, BAIC and other OEMs. The founder has accumulated more than 20 years of industrial resources in the automotive industry. The technical team has been focusing on the research and development of high-speed, high-power-density electric drive systems, and has provided electric drive solutions for many vehicle manufacturers.
Zhu Yan, managing partner of Weilai Capital, said: ”With the rapid development of the new energy vehicle industry, the electric drive system is the core part of new energy vehicles, and the market demand continues to grow . It has advantages in performance such as power density, and we look forward to working with Mavel to push the product to mass production. ”
It is reported that the electric drive system is composed of drive motor, motor controller and transmission system, and its performance determines the power, economy, comfort and safety of the vehicle. In terms of technology, Mavel has mastered a number of patents such as mixed magnetic technology, closed slot continuous flat wire and unique cooling method . At present, Mavel’s products have entered the mass production stage, and its main customers include car companies such as Aston Martin, McLaren, Ducati, Norton and Weilai.
Post time: Aug-18-2023