Turbo Power Systems Raises $4.2 Million in Funding
With the new funding, the company plans to expand its technology roadmap and start production of its high-power EV chargers.
May 2, 2023
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Turbo Power Systems (TPS), a UK-based company that designs and manufactures high-speed permanent magnet electric motors and generators for use in industrial and energy applications, secured £3.8 million (~$4.2 million) funding from HSBC UK to launch its ultra-rapid electric vehicle (EV) chargers for commercial fleets.
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Sohini Aich
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