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KersTech Vehicle Systems
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Short description

Manufacturer of energy-efficient motors for buses, forklifts and other automobiles

Founded in 2004
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 Beaverton, OR Beaverton, United States
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Updated by Lester Erlston at KersTech, Inc. on 08/18/2015

Edited by Cleantech Group on 05/18/2021

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IPO INFORMATION

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Description

Date Investors Type Amount
01/31/2014 NACCO Materials Handling Group NACCO Materials Handling Group (1)
Post-money valuation of
in-kind
Grant $40,000
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Products
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Product image Name Product status Revenue model Cost metrics

TwinTorq

Range-extending EV Motor

Concept Products - Wholesale
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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