On Dec 7, Elaphe, a provider of in-wheel electric propulsion systems for New Energy Vehicles, was granted €7 million by the Slovenian government for further technology advancements. The subsidy will serve as a springboard to secure further growth of this 150+ engineering team towards higher market leadership in a sector of new mobility solutions, passenger vehicles, SUVs, LCVs, and other new mobility form factors taking advantage of high torque, high power direct drive motor technology.

 The Slovenian government sees great potential in Elaphe, having consistently delivered results in collaboration with traditional OEM and new mobility startups from all over the globe. As the company strives to be green, smart and creative, the Slovenian agency SPIRIT has acknowledged Elaphe as an Ambassador for the Slovenian economy. This acknowledgment is now followed by this Slovenian government grant for 2021-2024.

 “A subsidy of €7 million in Elaphe’s growth gives us an additional confirmation of our team efforts and enables us to grow faster and more efficient. With approaching new challenges and, of course also, opportunities, we are on the lookout for competent team players who are motivated to enable a new era of mobility”, said Gorazd Lampič, Elaphe’s CEO. 

Automobility Ltd. is proud that its portfolio company Elaphe received this endorsement from the Slovenian government to secure further growth to scale up its e-mobility efforts.

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