Tevva Motors
Tevva Motors produces Electric Range Extended Vehicles (EREVs) for use in the urban delivery market.
Launch date
Employees
Market cap
-
Enterprise valuation
€185—278m (Dealroom.co estimates Jun 2022.)
Company register number 08368694
Tilbury England (HQ)
Financials
Estimates*
| GBP | 2020 |
|---|---|
| Revenues | <1m |
| EBITDA | (4.3m) |
| % EBITDA margin | (947 %) |
| Profit | (4.8m) |
| % profit margin | (1054 %) |
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Early VC | ||
£1.2m | Grant | ||
N/A | Grant | ||
$13.5m | Late VC | ||
N/A | Grant | ||
£4.2m | Grant | ||
| N/A | $12.5m | Late VC | |
$5.7m | Grant | ||
* | N/A | $57.0m | Late VC |
* | N/A | $51.0m | Late VC |
* | N/A | Grant | |
| Total Funding | €134m | ||
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ACQUISITION by Xos Trucks Jan 2024