Sevcon

Newcastle Upon Tyne, United Kingdom Founded: 1962 • Age: 64 yrs Acquired By BorgWarner
Power electronics for electric and hybrid vehicles are manufactured.
Annual revenue $49.8M Latest available
Total funding - Funding intelligence
Employees 4 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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 as of December 31, 2022. 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 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Borgwarner Gateshead Limited
  • Date of Incorporation 06 Oct, 1951
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $49.8 M (USD)
    21
    as on Sep 30, 2016
  • Net Profit
    -$5.81 M (USD)
    -469
    as on Sep 30, 2016
  • EBITDA
    -$5.33 M (USD)
    -382
    as on Sep 30, 2016
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    4

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    BorgWarner

    (Jul 17, 2017)

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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.

Exchange: NASDAQ · Ticker: SEV · Sector: Consumer durables · USA

Funding Insights of Sevcon

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Detailed funding history for Sevcon

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Investors in Sevcon

Sevcon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BorgWarner.

All
Institutional
Investor Description Founded Year Domain Location
Manufacturer of multiple automotive parts and accessories
Locked Locked Locked
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Investor details for Sevcon

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Investments & Acquisitions by Sevcon

Sevcon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include bassi-srl.eu.

Investments
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Investment portfolio details for Sevcon

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Battery chargers for motive and stand-by power applications are manufactured.
Locked Locked 1974 Locked
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Complete acquisition details for Sevcon

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Financial Statements - Sevcon

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Detailed financials for Sevcon

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Sevcon Comparisons

Sevcon Primary company
Description
Power electronics for electric and hybrid vehicles are manuf...
Location
Newcastle Upon Tyne, United Kingdom
Founded Year
1962
Annual Revenue
$49.8 M (USD)
Net Profit
-$5.81 M (USD)
EBITDA
-$5.33 M (USD)
Employees
4
As of 2022
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Peer comparison for Sevcon

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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 year HQ Location Description
Locked Locked Locked
Manufacturer of power solutions
Locked Locked Locked
Power controllers for hybrid and electric vehicles and LED lighting
Locked Locked Locked
Electrical relay manufacturer
Locked Locked Locked
Energy recovery for elevators is enabled through ultracapacitor storage.
Locked Locked Locked
Power electronics and powertrains for electric commercial vehicles are supplied.
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Detailed competitors of Sevcon

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Latest news on Sevcon

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Complete news archive for Sevcon

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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.

As of Dec 31, 2022, the latest employee count at Sevcon is 4.

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.

The ticker symbol of Sevcon is SEV on NASDAQ.

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