TaiSan Raises £1.3M to Build Critical EV Drivetrain Components in the UK

TaiSan, a UK electric vehicle components manufacturer, has raised £1.3 million from Exergon, HEARTFELT_, InnoEnergy, and TSP Ventures to develop and produce critical drivetrain components for electric vehicles. The company is manufacturing e-motors, battery packs, and power electronics — the three core electromechanical systems that determine an electric vehicle's performance, efficiency, and range — for supply to vehicle manufacturers, OEM tier suppliers, and specialist EV conversion and development programmes.

The transition to electric vehicles is reshaping the automotive supply chain at its most fundamental level. Internal combustion engine vehicles depend on a supply base built around engine blocks, exhaust systems, fuel injection components, and transmission systems that have been refined over a century. Electric vehicles replace all of this with a fundamentally different set of core components: the electric motor that converts electrical energy to mechanical motion, the battery pack that stores energy, and the power electronics — inverters, converters, onboard chargers — that manage the flow of electricity throughout the vehicle. These components require different manufacturing processes, different materials knowledge, and different engineering expertise from the ICE supply base.

The UK faces a particular imperative to develop domestic capability in these component categories. The country's automotive industry — which includes major vehicle assembly plants for Jaguar Land Rover, BMW (Mini), and Stellantis — depends on a supply chain that, to remain commercially viable as EV production volumes grow, must develop the ability to supply EV-specific components without relying entirely on imported supply from Asian manufacturers. InnoEnergy, a European energy transition investment and innovation engine that counts major energy and industrial companies among its partners, is particularly well positioned to support companies addressing this industrial transition. HEARTFELT_ and Exergon are investment vehicles active in the cleantech and energy transition space.

The funding will be used to develop TaiSan's component manufacturing capability, advance product development, and build the supply relationships with vehicle manufacturers and tier suppliers that will drive commercial growth.

Sources

• Crunchbase — TaiSan company profile