About the investment opportunity:

Tevva was founded in 2013, with a development centre and production facility in Chelmsford, UK.  Tevva is a leading developer of electrification systems for commercial vehicles with a strong management team and a strong track record of key milestone achievements. Its technology across the electric powertrain drives superior performance, is applicable to a broad range of vehicles and duty cycles, and provides a solution which prevents emissions in urban areas, whilst enabling a fully practical vehicle for operators. Tevva has a modular approach to its technology design, enabling cost-effective integration into OEM vehicle platforms resulting in numerous competitive benefits for end users (significant reduction in Total Cost of Ownership compared to diesel vehicles). Tevva has developed and deployed directly with customers, and is now ready to scale production volumes.