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Evtec Automotive
Tier 1 supplier of complex automotive assemblies
About Evtec Automotive
Evtec Automotive is a Tier 1 supplier of assembled products and complex assemblies for the automotive industry, with a strategic focus on the electric vehicle (EV) sector. The company operates from Coventry, UK, positioning itself as a key supplier to original equipment manufacturers (OEMs) like Jaguar Land Rover, Ford, and Aston Martin. Evtec simplifies the supply chain for its clients by managing all suppliers within an assembly process, providing a single point of contact and increasing production efficiency. Its services include manual assembly, pick and pack services, aftermarket kits, and in-house production of components such as resin injection molded parts and battery cooling systems.
The company has a rich history rooted in social responsibility, originating from a 1944 government initiative called Remploy, which provided employment for ex-servicemen and people with disabilities. This legacy continues to be a core value. The current iteration, Evtec Automotive, was formed in January 2021 through the acquisition of Arlington Engineered Systems out of administration by industrialist David Roberts, who serves as Chairman. This acquisition saved numerous jobs and refocused the business on its heritage of social value, mandating that a significant portion of its workforce consists of people with disabilities. As of early 2024, over 43% of its employees are people with a disability.
Evtec's business model is centered on being a single-source supplier for complex vehicle assemblies, covering a product's entire lifecycle from development to aftermarket support, which can span 25 years. The company collaborates with OEMs from the early stages of product development to offer cost and assembly efficiencies. Revenue is generated through the supply of these assemblies and components directly to car manufacturers. Under the leadership of Chairman David Roberts and Managing Director Kevin Hubbard, Evtec has pursued significant growth, including a £40 million investment to strengthen the UK automotive supply chain and enhance its die-casting capabilities.
Source: Dealroom company dataAt a glance
- Founded
- 2020
- Headquarters
- Coventry, United Kingdom
- Sector
- Transportation
- Power Law
- Colt$25–100M revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Cynergy Business Finance
Source: Dealroom Talent Intelligence.
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