DG Innovate receives Chinese patent for Pareta® eDrive system, expanding presence in China’s EV market

DG Innovate announced that the China National Intellectual Property Administration (CNIPA) has issued DGI’s first-ever Chinese patent, covering its proprietary Pareta® electric drive system. This grants DGI intellectual property rights for this technology in China, allowing the Company to expand its footprint in the world’s largest market for electric vehicles (EVs). Commenting, Peter Bardenfleth-Hansen, DGI CEO, said:

“The grant of a patent from the CNIPA is a significant milestone for DGI. The market for EVs in China is growing at an unprecedented rate and Pareta® is a unique and transformative solution: it is safe, scalable, and flexible in its applications, with the potential to transform the future of transport in its path towards decarbonisation. Along with our R&D team, I look forward to driving our growth in the region, leveraging the best of British innovation internationally.”

DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. Deregallera is a subsidiary of DG Innovate.

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