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Tevva Motors, the British electric truck which supplies electric trucks to Royal Mail, plans to shift its base to the US following a merger agreement with...
Tevva Motors, the British electric truck which supplies electric trucks to Royal Mail, plans to shift its base to the US following a merger agreement with...
ElectraMeccanica, a designer and assembler of electric vehicles, and Tevva, a pioneer in electric medium- and heavy-duty commercial vehicles (“Tevva”),
Start-up intends to maintain electric truck factory in Essex but will shift headquarters across the pond after agreeing merger deal with US electric vehicle manufacturer ElectraMeccanica
Under the terms of the deal, Mesa-based ElectraMeccanica shareholders will own 23.5% of the combined company, with Tevva shareholders owning 76.5%.