- CEO
- Ian David Foley
- Full Time Employees
- 61
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Norfolk United Kingdom
- IPO Date
- Jul 29, 2022
- Business
- Equipmake Holdings Plc is a United Kingdom-based engineering and technology company that designs, develops, commercialises, and manufactures high-performance electric powertrain systems, power electronics, and electrification components for the automotive, aerospace, marine, bus, coach, and off-highway commercial vehicle sectors. Founded in 1997 and headquartered in Snetterton, Norfolk, the company provides end-to-end electric propulsion solutions, integrating proprietary hardware and dedicated control software. The company's core product and service portfolio comprises Advanced Permanent Magnet (APM) spoke-architecture electric motors, including the APM-120 and APM-200; ultra-lightweight, 3D-printed electric motors and integrated e-axle assemblies, such as the Ampere-220; extreme-power-density motors for aerospace and space applications, including the HPM-400; high-voltage silicon carbide (SiC) and IGBT power inverters, such as the HPI-800; modular Zero Emission Drivetrain (ZED) platforms for commercial passenger and freight transport; custom battery pack integration and active thermal management systems; vehicle control unit (VCU) software; bus repowering services that retrofit diesel vehicles to full battery-electric propulsion; and bespoke engineering consultancy, simulation, rapid prototyping, and contract research and development for original equipment manufacturers (OEMs). The company serves customers across the United Kingdom, Continental Europe, South America, and Asia-Pacific. In recent strategic and operational developments, Equipmake restructured its business model to focus primarily on higher-margin drivetrain component manufacturing and OEM technology integration while scaling back lower-margin fleet repowering operations. The company secured strategic equity investments totalling £8 million from Caterpillar Inc. to accelerate industrial electrification solutions and broaden international market access. Furthermore, Equipmake expanded its commercial footprint in South America via major multi-million-pound drivetrain production contracts with Agrale S.A., entered into a development agreement with JCB to design specialized power electronics for construction and agricultural machinery, progressed electric motor programs with Swiss aviation firm H55, and reinforced its executive governance with appointments across its board and operations leadership.