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Company	Tevva Motors
Short Description	Supplier of electric range-extended trucks for the medium-duty delivery truck market
Status	Private
Year Founded	2013
Industry Group
Sector
TRL Range	7-8
Country	United Kingdom
Nbr Employees	11-50
Revenue Range
Total Equity Capital Raised	$101.5M
Last Stage Capital Raised	Growth Equity round of $57M 2021
Investors	Angel CoFund, Management Team, UK Department for Business, Energy and Industrial Strategy (BEIS), Bharat Forge, Advanced Propulsion Centre (APC) UK

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Tevva Motors

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Supplier of electric range-extended trucks for the medium-duty delivery truck market

Founded in 2013

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Company type Private Public ()

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TRL Range 7-8

TRL 1	Basic research
TRL 2	Technology formulation
TRL 3	Applied research
TRL 4	Small scale prototype
TRL 5	Large scale prototype
TRL 6	Prototype system
TRL 7	Demonstration system
TRL 8	First of a kind commercial system
TRL 9	Full commercial application

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Headquarters United Kingdom Brentwood, UK, United Kingdom

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Updated by Moria Bennett at tevva motors limited on 04/08/2015

Edited by Cleantech Group on 03/08/2021

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Moria Bennett

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2 customers
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4 partnerships
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9 financing events

6 investors

1 products

1 M&A items

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01/01/2014		UPS UPS Confirmed by UPS	Learn more	Delete

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	Can't find a partner? Add one Description 400/400 characters left Related press release or article about this deal Confirm relationship* (Enter the email address of your counterpart at this company so they can confirm your relationship!) Cancel Save
04/26/2021	Vattenfall Vattenfall Tevva and Vattenfall have signed a Memorandum of Understanding to develop zero-emission transport solutions for businesses looking to reduce their carbon footprint. View source Confirmed by Vattenfall	Project Development	Delete

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	Can't find an investor? Add an investor Valuation Description 400/400 characters left Related press release or article about this deal Cancel Save
11/16/2021	(0) Post-money valuation of This funding will be used to fit out Tevva's London-based production facility and scale up manufacturing. (source)	Growth Equity	$57,000,000	Delete

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Product image	Name	Product status	Revenue model	Cost metrics
Select Image	Description 400/400 characters left Cancel Save			US$/kW (current) US$/kWh (current) US$/kW (projected) US$/kWh (projected)
	Predictive Range Extender Management System PREMS increases the efficiency and range of and electric range extended vehicle by upto 20-30%	Product Development	License of Usage	$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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Predictive Range Extender Management System

PREMS increases the efficiency and range of and electric range extended vehicle by upto 20-30%

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$/kW (projected)
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Supplier of electric range-extended trucks for the medium-duty delivery truck market

IPO INFORMATION

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