YASA Limited

YASA Limited, based in the UK, specializes in advanced axial flux electric motors, enhancing efficiency and performance in electric vehicle applications, primarily serving the automotive industry. Founded in 2009 in the UK, YASA Limited develops innovative electric motor technologies. The company was acquired by Mercedes-Benz AG in July 2021, aiming to enhance electric vehicle production capabilities. Tim Woolmer, the founder, has a background in engineering and technology startups.

YASA has secured GBP 18. 31 mn in its latest funding round with investors including Inovia Capital and Oxford Sciences Enterprises. The company has raised a total of GBP 18. 31 mn to date, with a current valuation of GBP 97.

124 mn. YASA Limited specializes in the production of advanced axial flux electric motors, designed to deliver superior performance, efficiency, and compactness compared to traditional radial flux motors. Their flagship product, the YASA Axial Flux Motor, features a proprietary 'Yokeless And Segmented Armature' design that significantly enhances torque, power density, and manufacturability. These motors are applicable in multiple sectors, including automotive, marine, and defense, serving high-profile customers such as Mercedes-Benz and Automobili Lamborghini, among others.

The motors are engineered for high-performance electric vehicles (EVs) and are manufactured at YASA's state-of-the-art facility in Oxfordshire, UK. YASA’s technology is marketed primarily in Europe and North America, where it addresses the growing demand for efficient and sustainable electric propulsion solutions. YASA Limited generated GBP 79. 70 mn in revenue for the year 2023, with an EBITDA of GBP 1.

67 mn. The company operates through business-to-business transactions, supplying axial flux electric motors to automotive manufacturers and other industrial clients. YASA collaborates with prestigious clients to integrate their technology into high-performance vehicles, such as luxury sports cars and electric hybrids, supported by long-term agreements with major automotive manufacturers. YASA Limited aims to leverage the acquisition by Mercedes-Benz AG to enhance its electric motor technology and expand its product line.

The company is focused on developing new motor solutions for next-generation electric vehicles, targeting the luxury and performance markets by 2025. Recent funding will be utilized to support research and development initiatives, enabling YASA to accelerate its growth and meet the increasing demand for efficient electric propulsion systems.