IRP is a leading electric powertrain systems supplier specializes in high-power electric powertrain systems for a variety of e-mobility platforms.
IRP makes electric vehicles powerful and affordable.
IRP Systems was founded in 2015 by Moran Price. The coompany is headquartered in Ness Ziona, Ness Ziona, Israel.
IRP's goal is to make electric mobility technology affordable for the mass market and to accelerate its adoption worldwide.
IRP leverages breakthrough technology in control algorithms and powertrain design to reach an unprecedented level of efficiency, in full compliance with mass-production practices.
IRP's product TrueDrive offers high performance, a unique driving experience and advanced functionality, while being cost-effective.
IRP Systems is backed by Fosun RZ Capital, JAL Ventures, and Entrée Capital. The company raised $17M in a Series B round on May 12, 2020. This brings IRP's total funding to $20M to date.