DeepDrive GmbH
Entry last updated on April 2, 2024

DeepDrive, a high-tech company based in Munich, is on track to become the industry leader for electric motors in the automotive industry and beyond. By addressing the most significant challenges facing today's electric vehicles (EVs), DeepDrive's patented dual-rotor motor topology not only enables EVs with a range of over 800 km, but can also save automakers more than €1 billion in costs when implemented in large-scale production. Additionally, DeepDrive's motor technology enables EV carbon emissions to be reduced by one-fifth, potentially saving several gigatons of CO2 emissions over the lifetime of an EV fleet. Its versatile design allows DeepDrive's technology to be seamlessly integrated into the wheels or used as a traditional central drive.

Founded by a team of visionaries with extensive experience in high-volume production, DeepDrive has achieved significant industry recognition and is currently working on initial production applications with eight of the top 10 automakers. Backed by leading automotive and financial investors, including BMW i Ventures, the corporate venture capital unit of Continental, UVC-Partners, and Bayern Kapital, DeepDrive is accelerating its growth. Dr. Peter Mertens, former board member and CTO of Audi and Volvo, and Jonas Rieke, COO of Personio, also contribute to DeepDrive's growth.

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7

Founders

2021

Founding year

Growth stage

Stage

70

Employees

B2B

Business model

Financing

History

Company location

DeepDrive GmbH
Pasteurstrasse 23
80999 Munich

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