Watt EV Holdings LTD Announced: Enabling The Future of Specialist EV Manufacturing

Watt EV Holdings LTD Announced: Enabling The Future of Specialist EV Manufacturing

Posted 06 May, 2022 at 11:00

Author Mark Bradshaw on behalf of Pronounce Concierge Service

  • Watt EV Holdings Ltd (Watt Electric Vehicles) brings together Watt Electric Vehicle Company (WEVC), JSC Automotive Ltd (JSC) and Stalcom Automotive Technologies (Stalcom) under one roof
  • Creates a potent synergy of expertise and resources for the development and production of low volume electric vehicles, from commercial vehicles to sports cars
  • Neil Yates, founder of WEVC and owner of JSC, becomes CCO of Watt Electric Vehicles
  • Paul Faithfull, founder of Potenza Technology, announced as CEO of Watt Electric Vehicles
  • Bob Mustard, founder of Stalcom, announced as CTO of Watt Electric Vehicles
  • Breakthrough EV light commercial vehicle from Watt Electric Vehicles to be revealed in Q3; will enter production in 2024 at the company’s new Midlands manufacturing site 
  • Deliveries of the company’s Coupé begin late 2022, produced at its Cornwall facility
  • In addition to manufacturing next-generation EVs, Watt Electric Vehicles offers a full suite of design, engineering, development and manufacturing services for third parties
  • Watt Electric Vehicles’ breakthrough PACES skateboard e-platform can support any
    low-to-medium volume manufacturer in the transition to zero emissions
  • https://www.wattelectricvehicles.com

A new powerhouse in low-volume EV design, engineering and manufacturing has been created, bringing together three established automotive businesses under one roof.

Watt EV Holdings Ltd (Watt Electric Vehicles) combines the talents of the Watt Electric Vehicle Company (WEVC), vehicle R&D and motorsport experts JSC Automotive Limited (JSC) and vehicle structures experts, Stalcom Automotive Technologies (Stalcom).

With a wealth of expertise in multiple areas of the specialist vehicle electrification sector, Watt Electric Vehicles will design, engineer and sell next-generation specialist EVs, enabling the future of low-to-medium volume electric vehicle production, both in the UK and globally.

Across two UK sites located in the Midlands and Cornwall, Watt Electric Vehicles will manufacture a range of low-volume commercial and passenger electric vehicles.  Alongside this, Watt Electric Vehicles will offer production, development, engineering and design services to third-parties and OEMs, enabling them to create almost any low-volume EV they require to suit their business needs.

Advanced e-platform technology

Watt Electric Vehicles’ innovative model to deliver sustainable mobility solutions is based upon a
low-investment, low-weight, flexible and scalable cell to chassis e-platform. Known as PACES – Passenger And Commercial EV Skateboard – the proprietary technology features bespoke aluminium lightweight extrusions and ultra-precise laser-cut and CNC-folded pieces, which ingeniously interlock and bond together, creating a technical innovation known as FlexTech®.

Flexible, scaleable, lightweight and cost-effective, PACES has been specifically designed for low volume manufacture. It can be applied to almost any size or shape of EV, from sports cars to buses – across FWD, RWD and AWD layouts – and complies with all ISO regulations and European Small Series Type Approval crash standards. Cutting-edge lithium-ion batteries used are sourced from a Tier 1 automotive supplier.

As well as designing, engineering and manufacturing its own vehicles based on PACES, Watt Electric Vehicles enables low volume manufacturers of commercial vehicles and cars to go electric without the cost burden of investing in their own specific chassis and/or electrification technology, getting their products to market in accelerated time, cost-effectively.

Unparalleled leadership expertise – Paul Faithfull joins as CEO

Key technical development partners on the PACES project have included Stalcom (responsible for FlexTech) and Potenza Technology (responsible for the project’s ISO26262-capable battery management, powertrain and body control systems).

Paul Faithfull, former Director and Founder of Potenza Technology is today announced as CEO of Watt Electric Vehicles. Bob Mustard, founder of Stalcom, becomes CTO of Watt Electric Vehicles.

Neil Yates, founder of WEVC and JSC Automotive (and also expert rally car production company Rallyprep), is CCO of Watt Electric Vehicles.

Next-gen low-volume e-CVs manufactured in the Midlands 

Meeting the highest industry standards in efficiency, safety and durability, PACES enables Watt Electric Vehicles to bring a broad range of niche EVs to market rapidly. With a capacity of 5,000 units per annum, the company’s new manufacturing facility in the West Midlands will be home to its light commercial EV range. The first prototype vehicle has been built and is in testing, and will be unveiled in Q3 2022, with production set to begin in 2024.

The 3.5-tonne cab and chassis unit will support a wide range of body styles and offer the option of a bespoke body design to facilitate the creation of mission-specific vehicles to precisely meet customers’ individual requirements. A choice of battery capacities and powertrain options, including hydrogen fuel cell, will further bolster customers’ ability to optimise vehicle specifications to fulfil bespoke requirements – be it to facilitate short-range inner-city deliveries or the ability to travel further afield.

In addition to releasing Watt Electric Vehicles-branded commercial EVs, ‘white label’ builds will also be undertaken for third party manufacturers and OEMs, to which they can apply their own badging and branding. Ultra-adaptable and fully customisable, Watt Electric Vehicles’ breakthrough technology delivers the freedom to create mission-specific e-CVs, from trucks and buses to vans and last-mile delivery solutions. Different body sizes, styles, and configurations can be specified to meet customers' precise requirements, all manufactured within Watt Electric Vehicles’ new production facility.

Watt Electric Vehicles will market its range of EVs within the UK and to a global customer base.

Next-gen niche passenger EVs made in Cornwall

Watt Electric Vehicles is also a manufacturer of premium sports EVs and next-gen passenger EVs, producing its Porsche 356-inspired Coupe in St Columb Major, near to Newquay Airport. The first production car to use PACES, the Coupe is a sub-1,000kg rear-wheel-drive fixed-head sports car that combines retro looks with state-of-the-art EV technology, featuring a 40kWh battery structurally integrated into the chassis. First customer deliveries will take place later in 2022

Outlining the scale of Watt Electric Vehicles’ ambition for its passenger and sportscar division, the company will open a new manufacturing facility in Cornwall in 2023, with a capacity of 500 units per annum. It will leverage the highly versatile nature of the PACES e-platform to release a new model every year by unveiling a new ‘top hat’ or body to sit on the same chassis. It will also design, develop and manufacture niche passenger vehicles for third parties. 

Neil Yates, Founder and CCO of Watt Electric Vehicles, said: “Amalgamating the expertise, resources, and revenue streams of Watt EV Company, JSC Automotive and Stalcom to form a formidable new powerhouse in low-volume vehicle electrification. Watt Electric Vehicles is poised to exploit the burgeoning demand for rapidly scalable niche electric vehicles, for both the passenger car and light commercial vehicle markets, alongside offering next-generation EV technologies and engineering consulting services.

“Combining the company’s in-house intellectual properties with its strategic external Tier 1 supplier partnerships creates a unique advantage within the niche EV electrification sector. Our first light commercial EV, featuring a flexible range of body styles, is currently undergoing intensive development, and is scheduled to enter production at our new manufacturing site in the Midlands in 2024, before scaling up to 5000 units per year. Watt Electric Vehicles will also deliver a sports coupé with classically inspired design and purist driving appeal underpinned by state-of-the-art EV technology to customers later in 2022.”

Paul Faithfull, Founder and CEO of Watt Electric Vehicles, said: “It is often said that the whole is greater than the sum of its parts. And we firmly believe that by combining Watt Electric Vehicle Company, JSC Automotive and Stalcom to form Watt Electric Vehicles, we have created an extraordinary organisation with the ability to lead the niche EV sector with our proprietary, versatile, and scalable, PACES platform technology. In addition, the three former companies that constitute Watt Electric Vehicles enjoy a strong track record of shared collaboration, which makes for seamless integration of resources, skillsets, and operational strategies.”

Bob Mustard, Founder and CTO of Watt Electric Vehicles, said: “As well as designing, developing and manufacturing outstanding low-volume electric commercial and passenger vehicles in the UK, Watt Electric Vehicles will form strategic alliances with overseas organisations over the coming months and years, further growing its network and influence. Within this new company lies a huge amount of practical, real-world EV development and manufacturing experience. Collectively we have already delivered multiple vehicle programmes to market – and we will deliver many more
next-gen EVs in short order. The potential of Watt Electric Vehicles is enormous.” 

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