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Finnish electric-supercar company known for its high-power 1MW Concept and subsequent EUSSTA M1 production plans.

Last updated August 26, 2026

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Overview

Toroidion was a Finnish start-up company focused on developing high-performance electric cars. The company was domiciled in Pohja, in the municipality of Raseborg, and became known internationally through its 1MW Concept, an electric supercar presented in 2015. The name referred to the concept vehicle's claimed one-megawatt power output, positioning Toroidion around extreme performance rather than mass-market electric mobility. The 1MW Concept was presented as a technological demonstration of a different approach to electric powertrain design. Toroidion described a central motor architecture divided into multiple stator sections. Each section could be supplied with three-phase current through a separate frequency converter, an arrangement intended to permit high power at a comparatively lower operating voltage. The company argued that lower voltage could improve safety in an electric vehicle, while the modular arrangement could be extended axially by adding further motor elements and converters. These claims were associated with a utility-model filing, but the company did not publicly demonstrate enough evidence to establish that the proposed system had overcome the broader engineering and production challenges of practical high-performance electric vehicles. The concept was specified with four independently driven wheels. Toroidion claimed a total output of 1,000 kW, equivalent to approximately 1,341 horsepower or 1,360 PS. The front wheels were each assigned a claimed 200 kW motor, while the rear wheels were each assigned a claimed 300 kW motor. The company also publicized a claimed 0-to-400 km/h time of 11 seconds. That performance figure was not formally tested, and the vehicle remained a concept and development program rather than a validated production model. In 2016, racing driver Mika Salo joined Toroidion's research and development team. His involvement supported the company's performance and motorsport ambitions, including a stated aim of entering the 24 Hours of Le Mans within several years. The Le Mans objective was never realized. Toroidion subsequently announced a production-oriented model called the EUSSTA M1. Reports in January 2019 said that cars would be built to order, with a proposed maximum production capacity of 75 vehicles and a stated price of €250,000. These plans suggested an intended transition from a technology demonstrator to a very limited-volume electric supercar business. That transition did not produce a completed commercial vehicle. On March 3, 2022, Toroidion filed for bankruptcy. Company management attributed the failure to a lack of funds. The company never publicly showed a finished vehicle and did not sell a production car. Toroidion therefore occupies a primarily historical and developmental place in the early wave of ambitious electric-supercar ventures: it attracted attention through unusually high claimed output, novel motor-system proposals, and motorsport aspirations, but did not reach sustained production or commercial operation.

History

Toroidion emerged in Finland as a start-up pursuing a highly ambitious form of electric performance-car development. Rather than targeting ordinary passenger vehicles, the company concentrated on the electric-supercar segment, where very high power, low-volume production, and technological differentiation could support a premium identity. Its base was in Pohja, Raseborg. The company's public profile was established by the 1MW Concept, introduced in 2015. The vehicle was described as an electric supercar with a claimed output of 1,000 kW. Toroidion assigned an individual motor to each wheel: two 200 kW units at the front and two 300 kW units at the rear. The resulting advertised total was approximately 1,341 horsepower, or 1,360 PS. Toroidion also claimed that the car could accelerate from rest to 400 km/h in 11 seconds, although this figure was not formally verified. Toroidion's technical narrative centered on a proposed motor and power-electronics arrangement. A utility-model description covered a central stator divided into multiple sections, with each section supplied by three-phase current through its own frequency converter. The intended benefit was the ability to produce high power while using a lower voltage than might otherwise be expected. Toroidion presented lower voltage as a potential safety advantage for an electric vehicle and suggested that additional motor elements could be added in the axial direction. In theory, such modularity could allow a motor to incorporate many frequency converters. Public evidence, however, did not establish that the concept had been developed into a proven, production-ready system. In 2016, former Formula One driver Mika Salo joined Toroidion's R&D team. His participation reinforced the company's performance orientation and coincided with its stated aspiration to compete in the 24 Hours of Le Mans within a few years. The intended endurance-racing program was not realized, and Toroidion did not become a Le Mans competitor. The company later moved toward a proposed production model. In January 2019, reports identified the vehicle as the EUSSTA M1 and described a made-to-order business model. Toroidion was reported to be planning a maximum production capacity of 75 cars and a price of €250,000 per vehicle. The announcement represented a shift from a concept-car presentation toward a limited-volume commercial offering, but the company did not ultimately demonstrate a finished production vehicle or report a completed sale. Toroidion's corporate life ended in insolvency. On March 3, 2022, it filed for bankruptcy, with management saying that the company had exhausted its available funds. The bankruptcy followed years in which the company had attracted attention through its high-power claims and proposed technical architecture but had not reached validated production. Its legacy is consequently that of an ambitious but unsuccessful Finnish electric-supercar venture: notable for its early emphasis on megawatt-class output and novel powertrain ideas, yet unable to convert those plans into a functioning commercial automobile business.

  • 2022

    Bankruptcy filing

    [1]

    Toroidion filed for bankruptcy on March 3 after management said the company had run out of money.

  • 2019

    EUSSTA M1 production plan reported

    [1]

    The company was reported to be preparing made-to-order production of the EUSSTA M1, with a proposed capacity of 75 cars and a reported price of €250,000.

  • 2016

    Mika Salo joins the R&D team

    [1]

    Racing driver Mika Salo joined Toroidion's research and development team as the company pursued high-performance and potential endurance-racing applications.

  • 2016

    Le Mans ambition publicized

    [1]

    Toroidion stated that it was aiming to participate in the 24 Hours of Le Mans within several years, though the planned entry never materialized.

  • 2015

    1MW Concept introduced

    [1]

    Toroidion presented its electric supercar concept, promoted with a claimed 1,000 kW output and four independently powered wheels.

Products and positioning

High-performance electric supercar developer emphasizing extreme power output, novel motor architecture, and potential motorsport application.

  • Electric supercar concept · 2015

    1MW Concept

    Toroidion's principal public demonstrator, introduced in 2015. The concept used four wheel-mounted electric motors, with claimed outputs of 200 kW for each front motor and 300 kW for each rear motor. Its advertised combined output was 1,000 kW, or roughly 1,341 horsepower. Toroidion associated the car with a proposed lower-voltage, multi-section motor architecture and publicized an unverified 0-to-400 km/h acceleration claim.

  • Limited-production electric supercar · 2019

    EUSSTA M1

    The EUSSTA M1 was the production-oriented model announced after the 1MW Concept. Toroidion reportedly intended to build it only to order, with a planned maximum capacity of 75 vehicles and a reported price of €250,000. The program did not reach demonstrated commercial production: no finished vehicle was publicly shown and no production car was sold.

Brand decisions

  • 2022

    Bankruptcy filingOther

    Background

    Toroidion had not converted its concept and production plans into a completed commercial vehicle program.

    Action taken

    The company filed for bankruptcy on March 3, 2022.

    Aftermath

    Management attributed the bankruptcy to a lack of funds, ending the company's operating plans.

  • 2019

    Shift toward made-to-order EUSSTA M1 productionStrategy

    Background

    After presenting a technology demonstrator, Toroidion attempted to define a limited-volume commercial path for its electric supercar program.

    Action taken

    The company announced or was reported to be preparing EUSSTA M1 production on customer order, with a proposed maximum capacity of 75 cars and a reported €250,000 price.

    Aftermath

    The planned production transition did not result in a publicly completed vehicle or a recorded production sale.

    Reported proposed vehicle price. €250,000 (2019)

  • 2015

    Launch of the 1MW ConceptProduct launch

    Background

    Toroidion sought to establish itself as a high-performance electric-car developer through a supercar concept centered on megawatt-class output.

    Action taken

    The company introduced the 1MW Concept and publicized its four-motor layout, proposed powertrain architecture, and extreme performance targets.

    Aftermath

    The concept attracted attention but remained unvalidated as a production vehicle; its advertised 400 km/h acceleration claim was never formally tested.

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