Bedeo completed the acquisition of Protean Electric from New Energy Vehicle Group.

Bedeo, a technology company bringing smart, sustainable transportation solutions to companies, completed the acquisition of Protean Electric, an automotive technology firm, from New Energy Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group. Financial terms were not disclosed. "This acquisition ensures we will be well capitalised to meet the burgeoning demand from existing and new customers," Andrew Whitehead, Protean CEO.