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EVO Electric
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Short description

Developer of electrical motors, generators, gensets, and integrated hybrid electric drivetrain systems based on proprietary axial flux motor/generator technology

Founded in 2006
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 9
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
TRL Range

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Headquarters United Kingdom Woking, United Kingdom
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Updated by Cleantech Group on 10/01/2020

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Date Company
03/02/2010

Lotus Engineering Lotus Engineering

EVO Electric technology featured in is featured in the Lotus Evora 414E Hybrid

Confirmed by Lotus Engineering

Partnerships
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Date Partner Type
06/22/2011
GKN Driveline GKN Driveline
The JV will develop, manufacture and sell Axial Flux electric motors and drive systems for use in hybrid and electric vehicles.
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Confirmed by GKN Driveline
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IPO INFORMATION

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Description

Date Investors Type Amount
06/15/2011 GKN GKN , Imperial Innovations Imperial Innovations (2)
Post-money valuation of
Series A $8,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

eMachines

Drive systems and electric machines based on axial flux motor technology for use in hybrid and all-electric vehicles.

Wide Commercial Availability Products - Retail
$/kW (current)
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