Where is Sevcon located?

Sevcon is headquartered in Newcastle Upon Tyne, United Kingdom.

How many employees does Sevcon have?

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

Is Sevcon a funded company?

Sevcon is a funded company, having raised a total of $***** in its 1st and only funding round.

How much is Sevcon worth?

The last known valuation of Sevcon was $***** as of Jul 17, 2017.

What is the annual revenue of Sevcon?

Annual revenue of Sevcon is between $10M and $50M as on Sep 30, 2016

Where does Sevcon rank among its competitors?

Sevcon ranks 8th amongst 54 active competitors, of which 9 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Webber ElectroCorp, which secured $110K in Dec, 2025.

Who are the top competitors of Sevcon?

Sevcon's top competitors include VisIC Tech, Zhenqu Technology and Exro. Among them, Webber ElectroCorp secured the most recent funding round in December, 2025.

Sevcon - 2026 Company Profile, Competitors & Financials

Q: Is Sevcon an acquired company?

Sevcon got acquired by BorgWarner on Jul 17, 2017.

Sevcon is an acquired company based in Newcastle Upon Tyne (United Kingdom), founded in 1962. It operates as a Developer of power electronics for electric vehicles. Sevcon has raised $10.1M in funding, with last known valuation of $*****. The company has 54 active competitors, including 9 funded and 7 that have exited. Its top competitors include companies like VisIC Tech, Zhenqu Technology and Exro.

Company Details

Sevcon is a manufacturer of power electronics for electric and hybrid vehicles. The company specializes in production of controllers, controllers and inverters for EV application. The company also develops battery chargers. The company has global presence with offices in UK, USA, France, Germany, Japan and South Korea.

Website: sevcon.com
Social
Email ID: *****@sevcon.com
Phone Number: +44 **********
Part Of

Key Metrics

Founded Year

1962

Location

Newcastle Upon Tyne, United Kingdom

Stage

Acquired

Total Funding

$10.1M

Last Known Valuation

$***** as on Jul 17, 2017

Ranked

8^th among 54 active competitors

Annual Revenue

$10M - $50M as on Sep 30, 2016

Employee Count

4 as on Dec 31, 2022

Investment & Acquisitions

bassi-srl.eu

Similar Companies

VisIC Tech & 36 more

Exit Details

Acquired by BorgWarner (Jul 17, 2017)

View Sevcon's full profile

Sevcon is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SEVCON, INC. CIN: 825411 , United States, Deadpooled	Jun 01, 2011	$10M - $50M (As on Sep 30, 2016)	-	-
Borgwarner Gateshead Limited CIN: 500106 , Germany, Active	Oct 05, 1951	£0 - £1M (As on Dec 31, 2022)	4 (As on Dec 31, 2022)

Sevcon got acquired by BorgWarner on Jul 17, 2017 at an acquisition amount of $*****.

Click here to take a look at Sevcon's acquisition in detail

Sevcon has raised a total funding of $10.1M.

Sevcon's employee count trend

Sevcon has 4 employees as of Dec 22. The total employee count is 91.0% lower than what it was in Dec 21. Here is Sevcon's employee count trend over the years:

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Top competitors of Sevcon include VisIC Tech, Zhenqu Technology and Exro. Here is the list of Top 10 competitors of Sevcon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	VisIC Tech 2010, Rehovot (Israel), Public	Developer of GaN power semiconductors for electric vehicle and industrial applications	$92.6M	MediaTek, GSR Capital & 6 others	64/100
2nd	Zhenqu Technology 2017, Pudong (China), Series E	Manufacturer of automotive-certified power modules and electric vehicle solutions	$236M	Legend Capital, SDIC Innovation & 19 others	56/100
3rd	Exro 2006, Vancouver (Canada), Public	Developer of power control system technologies for electric vehicles and storage	$313K	Intrynsyc Capital, Keiretsu Forum	53/100
4th	Webber ElectroCorp 2019, Pune (India), Seed	Manufacturer of battery management systems and controllers for electric vehicles	$1.12M	Eastman Auto & Power, Vasundharaayurvedicanusandhankendra ... & 9 others	49/100
5th	Solterra Technologies 2022, Ghaziabad (India), Unfunded	Manufacturer of electric vehicle charging components and power electronic systems	-	-	43/100
6th	Shanghai Dajun Power Control Technology 2005, Minhang (China), Series A	Manufacturer of electric motors and controllers for EVs	$20M	DFJ, Yonghua Capital & 4 others	40/100
7th	Guangzhou Daxiang Technology Development 2014, Guangzhou (China), Unfunded	Developer of motor kits for multi-category electric vehicles	-	-	37/100
8th	Sevcon 1962, Newcastle Upon Tyne (United Kingdom), Acquired	Developer of power electronics for electric vehicles	$10.1M	-	35/100
9th	zinsight Technology 2019, Nanjing (China), Series B	Manufacturer of electric drive systems and silicon carbide semiconductor devices	$13.9M	Qiancheng Capital, Guotai Junan Securities ... & 3 others	35/100
10th	Microwatt Energy Systems 2017, Bengaluru (India), Funding Raised	Tech-enabled platform offering control system for electric vehicles an energy storage system	-	Ncubate Capital Partners	34/100