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Teva Motors Limited. Asher Bennett, CEO 07450 647600 Range Extended Electric Trucks With Lower Life Time Costs Than Diesel Trucks. 23% saving. DIESEL. TEVA. Pollution charges. Incentives. With PREMS. Traditional system. Operational Limitations Lifetime cost

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Teva motors limited

Teva Motors Limited

Asher Bennett, CEO

07450 647600

Range Extended Electric Trucks With Lower Life Time Costs Than Diesel Trucks

Teva motors limited

23% saving



Pollution charges



Traditional system

  • Operational Limitations

  • Lifetime cost

  • Emissions

State of Charge (%)

Time (% of a full day of use)

Barriers and teva solution



Teva only needs depot 3-phase charging that already exists

Lack of charging infrastructure

Barriers and Teva Solution

Customers in the commercial sector focus on TCO

High sticker price

Range extender removes range limitations

Operational risk of running out of range

Customers in the commercial sector have predictable daily range with small variance

Unpredictable range

Trucks have physical space to put in different systems – simplifies development process

Limited space in vehicles

No costs – assembly line already exists, Teva brings in a complete chassis

High costs to set up assembly line

Team partners awards


Executive/Operational Team

CEO: Asher Bennett – Entrepreneur, EV and BATTERY specialist with 18 years experience.

Chairman: Sir Trevor Chinn – High profile businessman and ex chairman RAC, AA, Kwik-Fit.

Trevor Power: Automotive entrepreneur and EV specialist.

Malcolm Powell: Ex Tesla and Lotus.


China’s largest diesel truck exporter.

World’s largest truck fleet operator.


DECC Energy Entrepreneurs Fund Competition ~ £800K Grant

Teva motors limited

Investment to Date:£900K Grant funding, Angel Investors

Market Opportunity: 150,000 Trucks per year EU alone. China + USA huge opportunity

Next Steps:

3 Prototype Trucks on 2 Chassis Types – Q3

Prototype of Predictive Management Application – Q3


Series A investment: £1million (~ £250K to complete the round). HMRC approved for EIS