Former deputy head of the Ministry of Communications and Ex-CEO of the
Yota Group, Denis Sverdlov, has invested in
Charge . The company is engaged in the production of hybrid power units for freight electric vehicles. Strictly speaking, the investment came not from Sverdlov himself, but from his new Kinetik fund. This is the first fund transaction in the UK. Its volume is $ 500 million.
Experts believe that the choice of Charge is inconsistent with the traditional practice of investing in this market segment.
The company Charge is engaged in the production of power plants that will allow electric vehicles - heavy commercial vehicles, such as buses and trucks, to consume conventional fuel. These technologies will significantly increase the maximum distance that such electric vehicles are able to move. Sverdlov noted that this technology would save the usual fuel consumption three times.
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Kinetik believes that such installations can be supplied at the same cost as conventional internal combustion engines. In this case, it will not include the price of the battery. "We will seek cooperation with a large number of companies and manufacturers," said the founder of the fund.
“For commercial vehicles, conventional electric cars are not enough. So cars need to work constantly. In the next 15–20 years, this extended range will be standard, ”Sverdlov explained. According to him, Charge will focus on cars weighing 2.5-26 tons.
Sverdlov’s desire to invest in "heavy" electric cars is not typical in this market segment. So far,
Tesla Motors and other companies that manufacture passenger electric cars have achieved the greatest success,
the Financial Times reports.
Denis Sverdlov until August of the year before last served as deputy head of the Ministry of Communications. In the ministry, he oversaw communications issues, including one of the initiators of MNP, the portability of telephone numbers. However, in 2013, he quit his job due to a law prohibiting officials from owning assets abroad.
In 2007, Sverdlov became CEO of Scartel, and in 2010 he headed the Yota Group,
reminds RBC.