YASA Motors attracts £5m in new investment

YASA Motors announced today that it has received £5m in new investment.

The new equity finance has been raised from a combination of existing and new investors, and will be used to increase production capacity to meet customer demand and to expand its commercial activities.

YASA Motors manufactures a highly differentiated axial flux electric motor and generator that are claimed to achieve best-in-class power and torque densities based on its proprietary Yokeless And Segmented Armature (YASA) technology.