British EV technology company Electrogenic has acquired the
business of TREMEC Electric GT, establishing a permanent base in the United
States as it enters the next stage of its North American expansion.
The acquisition of the California-based business strengthens
Electrogenic’s position in the EV powertrain sector and provides the company
with a base in Huntington Beach to further scale its North American operations.
The move follows years of sustained growth for Electrogenic
in the North American market. With the establishment of its US headquarters,
the company plans to deliver its EV powertrain technology to a larger customer
base while providing enhanced local service.
Steve Drummond, CEO, Electrogenic, said, “We are proud to
announce the latest stage in our US expansion with this acquisition. It’s an
exciting business underpinned by a talented and like-minded team. The USA is
our most important market and we wanted to provide additional support to our US
partners, as well as establishing a strategic base in California as part of our
ongoing SDV software development programme.”
He added that the move would enable Electrogenic to
accelerate new products, extend manufacturing options and further enhance its
service offering for new and existing customers across North America.
Founded in 2014, TREMEC Electric GT specialises in electric
vehicle powertrain systems design and integration. The company develops turnkey
EV powertrains for low-volume manufacturers, supports specialist vehicle
builders with integration and supplies the aftermarket conversion sector with
its range of e-Crate ‘swap’ systems.
These complete plug-and-play packages electrify a wide range
of vehicles while retaining their existing frame, body, driveline and
suspension. TREMEC Electric GT has previously electrified vehicles ranging from
classic Porsches to American muscle cars.
TREMEC Electric GT’s growth has been limited by its need for
sophisticated vehicle software and control systems to complement its
powertrains. Electrogenic’s software and control technology is intended to
address this requirement.
For Electrogenic, the acquisition builds on its
international growth by adding a permanent US base to its Oxford, UK,
headquarters and expanding global network of partner installers.
Drummond said, “The teams have been working together for
some time and the acquisition seemed a natural evolution for both TREMEC,
Electrogenic and the Huntington Beach team. Electrogenic gains a technical
centre of expertise on the USA West Coast and the Huntington Beach specialists
get lots of new tech toys to play with.”
He added that Electrogenic and TREMEC would continue to
explore future opportunities in advanced technology and manufacturing. The US
operation will also provide greater support to Electrogenic’s North American
partner installers.
Electrogenic’s portfolio includes bespoke EV conversions,
its range of ‘drop-in’ kits, turnkey electric powertrains for car manufacturers
and applications for the defence sector. Its powertrains use proprietary EV
technology developed in-house by a research and development team comprising
automotive engineers, programmers and high-voltage electrical experts.
The company develops and manufactures its own technology,
including proprietary vehicle control software, microprocessor designs for
driver interface and vehicle body control, and digital dashboards.
Its conversions also use mechanical components including a
system for creating high-density battery packs and compact in-line and
transverse reduction gearboxes manufactured by Electrogenic in the UK. The
packaging is designed to preserve the existing vehicle structure and
architecture without cutting or drilling, making all Electrogenic conversions
entirely reversible.
Electrogenic’s bespoke conversions are completed at its
Oxford headquarters and will now also be undertaken in Huntington Beach,
California. Its ‘drop-in’ kit range is offered internationally through a
network of partner installers, which will now receive technical support on
Pacific Time as well as GMT.