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Hybrid Electric Vehicle Technologies (HEVT)
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Developer of electric drive train technologies for electric and hybrid electric vehicles, which eliminate the need for permanent magnets

Founded in 2005
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 4-6
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 Chicago, IL Chicago, United States
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Updated by Cleantech Group on 03/22/2022

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Date Company
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Date Partner Type
09/29/2011
University of Texas at Dallas University of Texas at Dallas
HEVT has partnered with the University of Texas at Dallas to design a switch reluctance motor. The project has scored $2.8m in funding from ARPA-E.
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Confirmed by University of Texas at Dallas
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IPO INFORMATION

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Date Investors Type Amount
11/13/2012 (0)
Post-money valuation of
HEVT has won the Grand Prize at the 2012 Cleantech Open, scoring $250k in funding.
Grant $250,000
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