About Sevcon
Sevcon is a company based in Newcastle Upon Tyne (United Kingdom) founded in 1962 was acquired by BorgWarner in July 2017. The company has 4 employees. Sevcon has completed 1 acquisition, including bassi-srl.eu. Sevcon operates in a competitive market with competitors including XP Power, Shinry Technologies, YM Tech, Epic Power and Silex, among others.
- Headquarter Newcastle Upon Tyne, United Kingdom
- Employees 4
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website sevcon.com
- Social LinkedIn X
- Acquired by BorgWarner (Jul 2017)
- Legal Name Borgwarner Gateshead Limited
- Date of Incorporation 06 Oct, 1951
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$49.8 M (USD)21as on Sep 30, 2016
- Net Profit-$5.81 M (USD)-469as on Sep 30, 2016
- EBITDA-$5.33 M (USD)-382as on Sep 30, 2016
- Investors
- Employee Count4
- Investments & Acquisitions
- Acquired byBorgWarner
(Jul 2017)
Investors in Sevcon
Sevcon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BorgWarner.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of multiple automotive parts and accessories | 1928 | borgwarner.com | Auburn Hills, United States |
Investor details for Sevcon
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People of Sevcon
1 people are tracked at Sevcon (1 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
Matthew Boyle | CEO & President | Leadership |
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IPO & Listings of Sevcon
Sevcon is a publicly listed company on the NASDAQ with ticker symbol SEV in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Oct 2008
- Listed onNASDAQ: SEV
- Listed entityAptera Motors Corp.
- Exchange sectorConsumer durables
Investments & Acquisitions by Sevcon
Sevcon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include bassi-srl.eu.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Battery chargers for motive and stand-by power applications are manufactured. | bassi-srl.eu | Lugo, Italy | 1974 | Feb 2016 | •••• |
Complete acquisition details for Sevcon
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Timeline of Sevcon
4 dated milestones of Sevcon across 55 years, from founding to its latest funding, stage changes and deals.
- Founded Sevcon is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires bassi-srl.eu.
- Exit Acquired by BorgWarner.
Competitors of Sevcon
Sevcon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as XP Power, Shinry Technologies, YM Tech, Epic Power and Silex, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xppower.com | 1991 | Sunnyvale, United States | – | 2 | Manufacturer of power solutions | |
| shinry.com | 2005 | Shenzhen, China | – | – | Power controllers for hybrid and electric vehicles and LED lighting | |
| goodymt.com | 1988 | Cheongju-si, South Korea | – | – | Electrical relay manufacturer | |
| epicpower.es | 2012 | Zaragoza, Spain | – | – | Energy recovery for elevators is enabled through ultracapacitor storage. | |
| silex.hu | 1990 | Budapest, Hungary | – | – | Power electronics and powertrains for electric commercial vehicles are supplied. | |
| azastra.com | 2013 | Ottawa, Canada | – | – | Optoelectronic components for hybrid and electric vehicles are developed. | |
| rinehartmotion.com | 2002 | Wilsonville, United States | – | 20 | Power electronics for electric vehicles and propulsion systems are developed. | |
| lgmagna.com | 2021 | Incheon, South Korea | – | – | Manufactures electric motors and power electronics for electric vehicles globally. |
Detailed competitors of Sevcon
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Web traffic of Sevcon
Websites that share an audience with Sevcon (sevcon.com).
Websites whose visitors overlap most with Sevcon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| curtisinstruments.com | 100% | 27.1K | #1,065,036 | View details | |
| sev.co.uk | 100% | – | – | View details |
Latest news on Sevcon
Complete news archive for Sevcon
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Similar companies to Sevcon
10 companies that operate in the same segment as Sevcon (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Sevcon
Sevcon was founded in 1962.
Sevcon is headquartered in Newcastle Upon Tyne, United Kingdom.
Matthew Boyle is the current CEO of Sevcon.
Sevcon has 4 employees.
Annual revenue of Sevcon is $49.8M as on Sep 30, 2016.
Sevcon was founded in 1962 in Newcastle Upon Tyne, United Kingdom, and operates in the electric vehicle sector. Power electronics, including controllers and inverters, are produced for EV applications, along with battery chargers. Operations extend globally, with offices maintained in the UK, USA, France, Germany, Japan, and South Korea to support manufacturing and distribution.
Sevcon's top competitors include YM Tech, XP Power and Azastra Optoelectrics.
Yes, Sevcon is publicly traded on NASDAQ under the ticker symbol SEV.
Sevcon has made 1 acquisition, including bassi-srl.eu.
Sevcon has 1 investor. Key investors include BorgWarner.
Sevcon operates through Borgwarner Gateshead Limited.
Yes. Sevcon was acquired by BorgWarner in July 2017.