What evec does

EVEC is a Sweden-based, privately held sole-trader-scale business founded in 2016 by Martin Söderlind, operating from Förslöv in southern Sweden. The company specializes in electrifying existing internal combustion vehicles rather than manufacturing new EVs, offering four product lines: individual electric conversion parts for DIY builders, pre-engineered bolt-on conversion kits for specific vehicle models, full-service end-to-end conversion projects performed in-house, and paid consulting/advisory services for conversion planning. The underlying technology centers on vehicle-agnostic electrification hardware — motors, batteries, and mounting systems — packaged as configurable kits that minimize custom fabrication for the end user.

Revenue is generated through direct hardware sales (parts and kits) and professional services (full conversions and consulting). Pricing is not publicly disclosed; each project is quoted on a custom basis after direct contact via phone or email. Customers are acquired through a direct-to-customer model with no channel partners, supported by a basic website and organic social media presence on Instagram and Facebook. The stated customer segments are individual vehicle owners seeking electrification, DIY conversion enthusiasts, and a secondary B2B/fleet opportunity that has not been commercially developed per the input.

The company is founder-owned, bootstrapped, and extremely small (1–10 employees), and is in the process of rebranding to "Evesab" with a new website. The only publicly documented project in progress is the Electric MX5 (Mazda Miata) conversion, which functions as a showcase build. There is no evidence of external investment, partnerships, patents, certifications, or institutional customer relationships.

Name

evec

Legal name

EVEC

Website

https://evec.se

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

EVEC is a small Sweden-based company that converts internal combustion vehicles to electric power, selling conversion parts, bolt-on kits, full-service conversion projects, and consulting. It serves individual vehicle owners, DIY enthusiasts, and potentially fleet operators, and is rebranding to Evesab.

Ownership category

akta.pro rank

Product category

Electric Vehicle Conversion

SIC

Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Automotive Accessories & Aftermarket DTC (CRAFACAK)

Keywords

• Electric vehicle conversion
• Conversion kits
• EV components
• Vehicle electrification
• Conversion services

Headquarters

HQ city

Förslöv

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Electric Conversion Parts: Sale of individual parts and components needed for electric vehicle conversions, sold directly to customers for DIY projects
2. Bolt-on Conversion Kits: Pre-configured conversion kit packages for specific vehicle models, bolt-on installation approach
3. Complete Conversion Projects: Full-service electric conversion projects where the company performs the entire conversion for the customer
4. Consulting Services: Expert consulting services for electric conversion projects, guidance and technical advice

Distribution channels1 record

Marketing channels3 records

Core offering

EVEC develops and sells electric vehicle conversion kits, individual conversion components, and provides complete vehicle conversion services along with consulting. Customers can purchase individual parts for DIY conversions, buy pre-engineered bolt-on kits for specific vehicles, or contract EVEC to handle the entire conversion project from start to finish. The company is based in southern Sweden and serves the Scandinavian/Nordic market.

Product overview

EVEC is an electric vehicle conversion company offering a portfolio of products and services centered on transforming internal combustion engine vehicles into electric vehicles. The core offerings include bolt-on conversion kits and individual parts for DIY conversions, along with full-service conversion projects where the company performs the entire conversion. The company also provides consulting services. An Electric MX5 conversion project is currently in progress and serves as a reference for completed work.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Conversion Parts
• Bolt-on Conversion Kits
• Full Conversion Services
• Consulting Services

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Zelectric Motors: US-based shop specializing in converting classic air-cooled Volkswagens and Porsches to electric drivetrains. Directly comparable to EVEC as a specialist conversion house offering both turnkey builds and parts/services to enthusiasts on existing donor vehicles.
• Electric Classic Cars: UK-based specialist converting classic cars to electric, with a strong YouTube-driven brand and a mix of full builds and parts sales. Closely mirrors EVEC's combination of conversion services, parts supply, and public project showcases.
• Fellten: UK company producing drop-in EV conversion kits (notably for classic Minis and Land Rovers) and offering training, parts, and turnkey services. A direct competitor to EVEC's bolt-on-kit and full-conversion model in the European classic-to-EV segment.
• Zero EV: UK-based EV conversion specialist selling vehicle-specific kits and offering conversion services for classics. Overlaps directly with EVEC's bolt-on kit and full-service conversion offerings, particularly for hobbyist and small-fleet customers.
• EV West: US supplier of EV conversion components, motor/controller packages, and high-voltage parts, with an in-house conversion shop. Comparable to EVEC as a parts-plus-services conversion business, though operating at larger scale and with broader product depth.
• Lightning eMotors: US-based provider of fleet EV conversions (vans, shuttle buses, trucks) and charging infrastructure. Comparable to EVEC in the commercial/fleet conversion use case identified for EVEC's B2B segment, but at materially greater scale and with OEM partnerships.

Regional players

• Jaunt Motors: Australia-based EV conversion shop focused on classic Land Rovers and similar 4x4s. Comparable to EVEC as a specialist conversion house, but operating in a different geography and concentrated on off-road donor platforms.

Broad incumbents

• Workhorse Group: US-listed manufacturer of electric delivery trucks and drones for last-mile logistics. Relevant adjacent incumbent whose fleet electrification product competes for the same B2B/fleet conversion budget that EVEC is targeting with its commercial vehicle service line.

Emerging players

• Arcimoto: US-based maker of a three-wheeled electric utility vehicle for urban and fleet use. Adjacent emerging player in the small-format electric mobility space EVEC serves, with a different delivery model (purpose-built vehicle vs. conversion) but overlapping customer mindset.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/evecdotse
• Instagraminstagram.com/evesabdotcom
• LinkedInlinkedin.com/company/evecdotse

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about evec