Electric and hydrogen truck pioneer Tevva successfully raised US$57 million by way of an oversubscribed private placement from new and existing investors to fit out its brand-new London based production facility and rapidly scale up manufacturing. The fundraise swiftly follows the launch of the new Tevva Truck, the Company’s first 7.5-tonne electric truck designed for mass production, the first British designed 7.5-tonne electric truck with hydrogen range extender intended for mass production in the UK.