INVESTORS

Tevva has opportunities for financial and corporate investors looking to make strategic investments, particularly if this can be combined with strategic collaboration to grow and develop the business.

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.

To date, Tevva has been well supported by its investors, and has used its capital to establish a high performance team and world class facilities and to deploy vehicles into full commercial use. We have been grateful for the support of our strategic investor, Bharat Forge, our earlier stage investors and Angel Cofund who have supported our growth since 2014.  Please note that Tevva is not a public company and we do not currently have investment opportunities suitable for retail investors.

 

Our growth timeline

OEM’s of commercial vehicles face the harsh reality that their significant investment in ICE powered vehicles has to be matched by parallel and complementary investment in electric powertrains. The market is moving, climate and emissions goals demand it, and regulation will enforce it. Tevva has solved many of the technology development issues required to electrify medium duty trucks, and is well positioned to be a technical partner and OEM Tier 1 supplier of choice, enabling electric variants of new  and existing vehicle models to be brought to market rapidly and with only modest capital investment.  The electrification of “return to base” logistics is inevitable, with growing market demand and an absolute requirement for suitable vehicles to become available in a short timeframe.”
Michael Black

Finance Director, Tevva

Current and prospective investors can request more information on the current investment opportunities by emailing: investors@tevva.com