Tesla Co-Founder Martin Eberhard’s EV Startup Acquired by SF Motors

Tesla co-founder Martin Eberhard’s most recent endeavor in the electric vehicle space, a battery modularization startup called InEVit Inc., has been acquired by China’s SF Motors.

Eberhard left his role as Tesla CEO in 2008 after disagreements with Elon Musk. Earlier this year, Eberhard’s LinkedIn profile noted his work on InEVit.

The company has developed and patented a unique EV chassis architecture, battery module design innovations and manufacturing techniques that will it says will enable the EV industry to rapidly scale manufacturing of cost-and-feature-competitive vehicles. The pre-revenue company will become a wholly owned subsidiary of SF Motors, and will continue to market and license its innovations to competitive vehicle OEMs.

Eberhard had previously worked with SF Motors as a key strategic advisor, and will now serve as Chief Innovation Officer and Vice Chairman of SF Motors’ Board when he joins the company. In this new role, Eberhard will primarily focus on technology innovation, product development, product positioning and branding.

Other key members of the InEVit leadership team will join SF Motors in senior roles. Heiner Fees will now serve on the SF Motors Innovation Committee and continue as Managing Director of InEVit GmbH, while company CEO Mike Miskovsky will become SF Motors’ Chief Development Officer while also retaining his prior title at InEVit.

“I have truly enjoyed working with SF Motors and playing a role in the company’s strategic vision, and am excited to join the company along with the rest of the InEVit family as we work to establish the next great milestone in clean mobility,” Eberhard said in a release.

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