June 14, 2018

Invesment by Bharat Forge Announced

Tevva welcomed a £10m investment by Bharat Forge Limited (BFL), a technology-driven Indian metal forming multinational, which will spearhead its global expansion ambitions and create further jobs and investment at its Chelmsford, Essex plant. Bharat Forge, part of the Kalyani Group, a conglomerate with multi-sectoral interests, has been working on its research, design and technology strategy in the Electric Vehicle space over the last few years. Tevva will strengthen BFL’s research and development activities in the e-mobility space. Tevva has licenced its technology to BFL for the Indian market, giving Tevva unprecedented access to the massive Indian truck market.

Timeline

Tevva responds to market demand, offers new option to buy/lease direct