Three automotive firms have joined forces to create "a new powerhouse in low-volume EV design, engineering and manufacturing" with headquarters in Cornwall and the West Midlands.
The new company, Watt EV Holdings Ltd, is made up of Cornish firm Watt Electric Vehicle Company (WEVC), Worcestershire-based vehicle architecture developer Stalcom and R&D outfit JSC Automotive.
The three firms will now work together as one entity to design, engineer and sell low-volume electric vehicles for both the passenger and commercial sectors. It will also offer those services for third-party companies looking to put an EV into small-scale production, thereby removing the need for them to invest heavily in developing a bespoke platform and carrying out a lengthy development programme for relatively small-scale products.
