----

----

| Delaware                                                                      | 04-2985631                                          |
|-------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (I.R.S.                Employer Identification No.) |

| Class                                       | Outstanding                at February 12, 2008 |
|---------------------------------------------|-------------------------------------------------|
| Common                stock, par value $.10 | 3,270,702                                       |

----

TECH/OPS      SEVCON, INC.

| PART                I -FINANCIAL INFORMATION                                                                                                                                           | PAGE |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------|
| Item                1    Financial                Statements                                                                                                            | 3    |
|    Consolidated                Balance Sheets                                                                                                                           | 3    |
| Consolidated                Statements of                Income                                                                                                                        | 4    |
| Consolidated                Statements of                Comprehensive Income                                                                                                          | 4    |
| Consolidated                Statements of Cash                Flows                                                                                                                    | 5    |
| Notes                to Consolidated Financial                Statements                                                                                                               | 6    |
| Item                2     Management’s                Discussion and                Analysis of Financial Condition and Results of                Operations | 12   |
| Item                3     Quantitative                and Qualitative                Disclosures about Market Risk                                                 | 15   |
| Item                4     Controls                and                Procedures                                                                                    | 16   |
| PART                II -                OTHER INFORMATION                                                                                                                              | 17   |
| Item 1 Legal                Proceedings                                                                                                                                      | 17   |
| Item                1A   Risk                Factors                                                                                                                    | 17   |
| Item 2                     Unregistered                Sales of                Equity Securities and Use of Proceeds                                     | 17   |
| Item 3                     Defaults upon                Senior Securities                                                                                | 17   |
| Item 4                     Submission                of Matters                to a Vote of Security Holders                                             | 17   |
| Item 5                     Other                Information                                                                                              | 17   |
| Item                6      Exhibits                                                                                                                           | 17   |
| SIGNATURES                                                                                                                                                                             | 18   |
| INDEX                OF                EXHIBITS                                                                                                                                        | 18   |

----

Item      1 Financial Statements

CONSOLIDATED      BALANCE SHEETS

| (in                thousands of dollars except per share data)                                                                                                                                                                                               |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                         |   | December                29,2007 |   |   | September                30,2007 |   |
|                                                                                                                                                                                                                                                         |   | (unaudited) |   |   | (derived                from audited statements) |   |
| ASSETS                                                                                                                                                                                                                                                       |   |   |   |   |   |   |
| Current                assets:                                                                                                                                                                                                                               |   |   |   |   |   |   |
| Cash                and cash                equivalents                                                                                                                                                                                                      |   | $ | 873 |   |   | $ | 1,014 |   |
| Receivables,                net of allowances                for doubtful accounts of $ 187 at December 29, 2007and                $180 at September 30,                2007                                                                                 |   |   | 8,549 |   |   |   | 8,714 |   |
| Inventories                                                                                                                                                                                                                                                  |   |   | 5,734 |   |   |   | 5,422 |   |
| Prepaid                expenses and other                current assets                                                                                                                                                                                      |   |   | 887 |   |   |   | 916 |   |
| Total                current assets                                                                                                                                                                                                                          |   |   | 16,043 |   |   |   | 16,066 |   |
| Property,                plant and equipment:                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |
| At                cost                                                                                                                                                                                                                                       |   |   | 12,297 |   |   |   | 12,265 |   |
| Less:                accumulated depreciation                and amortization                                                                                                                                                                                |   |   | 8,501 |   |   |   | 8,497 |   |
| Net                property, plant and equipment                                                                                                                                                                                                             |   |   | 3,796 |   |   |   | 3,768 |   |
| Long-term                deferred tax asset                                                                                                                                                                                                                  |   |   | 638 |   |   |   | 657 |   |
| Goodwill                                                                                                                                                                                                                                                     |   |   | 1,435 |   |   |   | 1,435 |   |
| Total                assets                                                                                                                                                                                                                                  |   | $ | 21,912 |   |   | $ | 21,926 |   |
|                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
| LIABILITIES                AND STOCKHOLDERS’ INVESTMENT                                                                                                                                                                                                |   |   |   |   |   |   |   |   |
| Current                liabilities:                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Accounts                payable                                                                                                                                                                                                                              |   | $ | 3,430 |   |   | $ | 3,398 |   |
| Dividend                payable                                                                                                                                                                                                                              |   |   | 98 |   |   |   | 97 |   |
| Accrued                expenses                                                                                                                                                                                                                              |   |   | 2,863 |   |   |   | 3,162 |   |
| Accrued                and deferred taxes on                income                                                                                                                                                                                           |   |   | 651 |   |   |   | 530 |   |
| Total                current liabilities                                                                                                                                                                                                                     |   |   | 7,042 |   |   |   | 7,187 |   |
| Liability                for pension benefits                                                                                                                                                                                                                |   |   | 2,208 |   |   |   | 2,244 |   |
| Other                long term liabilities                                                                                                                                                                                                                   |   |   | 60 |   |   |   | 61 |   |
| Total                liabilities                                                                                                                                                                                                                             |   |   | 9,310 |   |   |   | 9,492 |   |
| Stockholder                equity:                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |
| Preferred                stock, par value $.10                per share - authorized - 1,000,000 shares;outstanding                -                none                                                                                                     |   |   | - |   |   |   | - |   |
| Common                stock, par value $.10 per                share - authorized - 8,000,000 shares;Outstanding                3,257,702 shares at                December 29, 2007 and 3,238,702 shares atSeptember                30,                2007 |   |   | 326 |   |   |   | 324 |   |
| Premium                paid in on common                stock                                                                                                                                                                                                |   |   | 4,696 |   |   |   | 4,623 |   |
| Retained                earnings                                                                                                                                                                                                                             |   |   | 8,175 |   |   |   | 7,961 |   |
| Cumulative                other comprehensive                loss                                                                                                                                                                                            |   |   | (595 | ) |   |   | (474 | ) |
| Total                stockholder equity                                                                                                                                                                                                                      |   |   | 12,602 |   |   |   | 12,434 |   |
| Total                liabilities and stockholder equity                                                                                                                                                                                                      |   | $ | 21,912 |   |   | $ | 21,926 |   |
| The                accompanying notes are an integral part of these consolidated financial                statements                                                                                                                                         |   |

----

CONSOLIDATED      STATEMENTS OF INCOME 

| (in                thousands of dollars except per share data) |   |
|----------------------------------------------------------------|--------|
|                                                           |   | Three                months ended |   |
|                                                           |   | December                29,2007 |   |   | December                30,2006 |   |
| Net                sales                                       |   | $ | 10,243 |   |   | $ | 8,226 |   |
| Cost                of sales                                   |   |   | 6,361 |   |   |   | 5,228 |   |
| Gross                Profit                                    |   |   | 3,882 |   |   |   | 2,998 |   |
| Selling,                research and administrative expenses   |   |   | 3,297 |   |   |   | 2,794 |   |
| Operating                income                                |   |   | 585 |   |   |   | 204 |   |
| Interest                expense                                |   |   | (30 | ) |   |   | (5 | ) |
| Interest                income                                 |   |   | 2 |   |   |   | 2 |   |
| Foreign                currency loss                           |   |   | (75 | ) |   |   | (67 | ) |
| Income                before income taxes                      |   |   | 482 |   |   |   | 134 |   |
| Income                taxes                                    |   |   | (169 | ) |   |   | (46 | ) |
| Net                income                                      |   | $ | 313 |   |   | $ | 88 |   |
| Basic                income per share                          |   | $ | .10 |   |   | $ | .03 |   |
| Fully                diluted income per share                  |   | $ | .10 |   |   | $ | .03 |   |

CONSOLIDATED      STATEMENTS OF COMPREHENSIVE INCOME

|                                                              |   | (in                thousands of dollars) |   |
|-------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                              |   | Three                months ended        |   |
|                                                              |   | December                29,2007          |   |   | December                30,2006 |   |
| Net                income                                         |   | $                                        | 313    |   |   | $ | 88 |   |
| Foreign                currency translation adjustment            |   |                                     | (76    | ) |   |   | 315 |   |
| Changes                in fair market value of cash flow hedges   |   |                                     | (57    | ) |   |   | - |   |
| Amortization                of pension transition items to income |   |                                     | 11     |   |   |   | 12 |   |
| Comprehensive                income                               |   | $                                        | 191    |   |   | $ | 415 |   |

----

CONSOLIDATED      STATEMENTS OF CASH FLOWS

|                                                                                                                                 |   | (in                thousands of dollars) |   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                                                                                                 |   | Three                months ended        |   |
|                                                                                                                                 |   | December                29,2007          |   |   | December                30,2006 |   |
| Cash                flow from operating activities:                                                                                  |   |                                     |   |   |   |   |
| Net                income                                                                                                            |   | $                                        | 313    |   |   | $ | 88 |   |
| Adjustments                to reconcile net income to net cash from operating                activities:                             |   |                                     |   |   |   |   |   |   |
| Depreciation                and                amortization                                                                          |   |                                     | 179    |   |   |   | 178 |   |
| Stock-based                compensation                                                                                              |   |                                     | 58     |   |   |   | 47 |   |
| Pension                contributions less than                pension expense                                                        |   |                                     | 23     |   |   |   | - |   |
| Deferred                tax                benefit                                                                                   |   |                                     | -      |   |   |   | (35 | ) |
| Increase                (decrease) in cash                resulting from changes in operating assets and                liabilities: |   |                                     |   |   |   |   |   |   |
| Receivables                                                                                                                          |   |                                     | 211    |   |   |   | (26 | ) |
| Inventories                                                                                                                          |   |                                     | (376   | ) |   |   | 84 |   |
| Prepaid                expenses and other                current assets                                                              |   |                                     | 6      |   |   |   | (28 | ) |
| Accounts                payable                                                                                                      |   |                                     | 120    |   |   |   | 336 |   |
| Accrued                expenses                                                                                                      |   |                                     | (331   | ) |   |   | (262 | ) |
| Accrued                and deferred taxes on                income                                                                   |   |                                     | 123    |   |   |   | 9 |   |
| Net                cash generated from operating activities                                                                          |   |                                     | 326    |   |   |   | 391 |   |
| Cash                flow used by investing activities:                                                                               |   |                                     |   |   |   |   |   |   |
| Acquisition                of property, plant and                equipment                                                           |   |                                     | (287   | ) |   |   | (237 | ) |
| Net                cash used by investing activities                                                                                 |   |                                     | (287   | ) |   |   | (237 | ) |
| Cash                flow used by financing activities:                                                                               |   |                                     |   |   |   |   |   |   |
| Dividends                paid                                                                                                        |   |                                     | (97    | ) |   |   | (96 | ) |
| Exercise                of stock                options                                                                              |   |                                     | 18     |   |   |   | - |   |
| Net                cash used by financing                activities                                                                  |   |                                     | (79    | ) |   |   | (96 | ) |
| Effect                of exchange rate changes on cash                                                                               |   |                                     | (101   | ) |   |   | 278 |   |
| Net                (decrease) increase in cash                                                                                       |   |                                     | (141   | ) |   |   | 336 |   |
| Beginning                balance - cash and cash equivalents                                                                         |   |                                     | 1,014  |   |   |   | 1,290 |   |
| Ending                balance - cash and cash equivalents                                                                            |   | $                                        | 873    |   |   | $ | 1,626 |   |
| Supplemental                disclosure of cash flow information:                                                                     |   |                                     |   |   |   |   |   |   |
| Cash                paid for income                taxes                                                                             |   | $                                        | 80     |   |   | $ | 196 |   |
| Cash                paid for                interest                                                                                 |   | $                                        | 29     |   |   | $ | 5 |   |
| Supplemental                disclosure of non-cash financing activity:                                                               |   |                                     |   |   |   |   |   |   |
| Dividend                declared                                                                                                     |   | $                                        | 98     |   |   | $ | 96 |   |

----

TECH/OPS      SEVCON,      INC.

| (1) | Basis                of Presentation |
|-----|--------------------------------------|

----

|                                             |   | OptionsNo.                of shares |    |   | Weighted                average Exercise Price |   |   | Weighted                average remaining contractual life (years) |   |   | Aggregate                Intrinsic Value |   |
|--------------------------------------------------|--------|-------------------------------------|---------|--------|------------------------------------------------|--------|--------|--------------------------------------------------------------------|--------|--------|------------------------------------------|--------|
| Outstanding                at September 30, 2007 |   |                                | 129,000 |   |                                           | $      | 9.47   |                                                               |   |   | 2.0                                      |   |   |   | 204,000 |   |
| Granted                                          |   |                                | -       |   |                                           |   |   |                                                               |   |   |                                     |   |   |   |   |   |
| Exercised                                        |   |                                | (4,000  | )      |                                           | $      | 4.37   |                                                               |   |   |                                     |   |   |   |   |   |
| Cancelled                                        |   |                                | (22,500 | )      |                                           | $      | 13.93  |                                                               |   |   |                                     |   |   |   |   |   |
| Outstanding                at December 29, 2007  |   |                                | 102,500 |   |                                           | $      | 8.80   |                                                               |   |   | 2.3                                      |   |   | $ | 133,000 |   |
| Exercisable                at December 29, 2007  |   |                                | 72,500  |   |                                           | $      | 9.77   |                                                               |   |   | 2.7                                      |   |   | $ | 69,000 |   |

----

|                                                                  |   | Number                of shares of Restricted Stock |    |   | Weighted                Average Grant-Date Fair Value |   |
|-----------------------------------------------------------------------|--------|-----------------------------------------------------|---------|--------|-------------------------------------------------------|--------|
| Non-vested                balance as of  September 30, 2007 |   |                                                | 55,000  |   |                                                  | $      | 6.22 |   |
| Granted                                                               |   |                                                | 15,000  |   |                                                  | $      | 8.80 |   |
| Vested                                                                |   |                                                | (14,000 | )      |                                                  | $      | 6.11 |   |
| Forfeited                                                             |   |                                                | -       |   |                                                  |   | N/A |   |
| Non-vested                balance as of December 29, 2007             |   |                                                | 56,000  |   |                                                  | $      | 6.94 |   |

|                                                  |   | (in                thousands of dollars) |   |
|-------------------------------------------------------|--------|------------------------------------------|--------|
|                                                  |   | Three                Months ended        |   |
|                                                  |   | December                29,2007          |   |   | December                30,2006 |   |
| Stock                option expense under SFAS # 123R |   | $                                        | 6      |   |   | $ | 11 |   |
| Restricted                stock grants:               |   |                                     |   |   |   |   |   |   |
| Employees                                             |   |                                     | 29     |   |   |   | 19 |   |
| Non-employee                directors                 |   |                                     | 23     |   |   |   | 17 |   |
| Total                stock based compensation expense |   | $                                        | 58     |   |   | $ | 47 |   |

|                                                                                                                      |   | (in                thousands except per share data) |   |
|---------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|--------|
|                                                                                                                      |   | Three                Months ended                   |   |
|                                                                                                                      |   | December                29,2007                     |   |   | December                30,2006 |   |
| Net                income                                                                                                 |   | $                                                   | 313    |   |   | $ | 88 |   |
| Weighted                average shares outstanding - basic                                                                |   |                                                | 3,188  |   |   |   | 3,147 |   |
| Basic                income per share                                                                                     |   | $                                                   | .10    |   |   | $ | .03 |   |
| Common                stock equivalents                                                                                   |   |                                                | 47     |   |   |   | 46 |   |
| Weighted                average shares outstanding - diluted                                                              |   |                                                | 3,235  |   |   |   | 3,193 |   |
| Diluted                income per share                                                                                   |   | $                                                   | .10    |   |   | $ | .03 |   |
| No.                of options that are anti-dilutive excluded from calculation of common                stock equivalents |   |                                                | 80     |   |   |   | 90 |   |

----

|                                       |   | (in                thousands of dollars)            |   |
|--------------------------------------------|--------|-----------------------------------------------------|--------|
|                                       |   | Three                months ended December 29, 2007 |   |
|                                       |   | Controls                                            |   |   | Capacitors |   |   | Corporate |   |   | Total |   |
| Sales                to external customers |   | $                                                   | 9,707  |   |   | $ | 536 |   |   | $ | - |   |   | $ | 10,243 |   |
| Inter-segment                revenues      |   |                                                | -      |   |   |   | 12 |   |   |   | - |   |   |   | 12 |   |
| Operating                income            |   |                                                | 651    |   |   |   | (34 | ) |   |   | (32 | ) |   |   | 585 |   |
| Identifiable                assets         |   |                                                | 20,504 |   |   |   | 917 |   |   |   | 491 |   |   |   | 21,912 |   |

|                                       |   | Three                months ended December 30, 2006 |   |
|--------------------------------------------|--------|-----------------------------------------------------|--------|
|                                       |   | Controls                                            |   |   | Capacitors |   |   | Corporate |   |   | Total |   |
| Sales                to external customers |   | $                                                   | 7,803  |   |   | $ | 423 |   |   | $ | - |   |   | $ | 8,226 |   |
| Inter-segment                revenues      |   |                                                | -      |   |   |   | 15 |   |   |   | - |   |   |   | 15 |   |
| Operating                income            |   |                                                | 319    |   |   |   | (75 | ) |   |   | (40 | ) |   |   | 204 |   |
| Identifiable                assets         |   |                                                | 17,763 |   |   |   | 1,028 |   |   |   | 419 |   |   |   | 19,210 |   |

|                                                              |   | (in                thousands of dollars) |   |
|-------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                              |   | Three                Months ended        |   |
|                                                              |   | December                29,2007          |   |   | December                30,2006 |   |
| Electronic                controllers for battery driven vehicles |   | $                                        | 6,693  |   |   | $ | 5,176 |   |
| Accessory                and aftermarket products and services    |   |                                     | 3,014  |   |   |   | 2,627 |   |
| Total                controls segment revenues                    |   | $                                        | 9,707  |   |   | $ | 7,803 |   |

|                                            |   | (in                thousands of dollars) |   |
|-------------------------------------------------|--------|------------------------------------------|--------|
|                                            |   | Three                Months ended        |   |
|                                            |   | December                29,2007          |   |   | December                30,2006 |   |
| Research                and Development expense |   | $                                        | 1,078  |   |   | $ | 895 |   |
| Percentage                of sales              |   |                                     | 10.5   |   |   |   | 10.9 |   |

----

|                                                  |   | (in                thousands of dollars) |   |
|-------------------------------------------------------|--------|------------------------------------------|--------|
|                                                  |   | Three                Months ended        |   |
|                                                  |   | December                29,2007          |   |   | December                30,2006 |   |
| Service                cost                           |   | $                                        | 153    |   |   | $ | 145 |   |
| Interest                cost                          |   |                                     | 350    |   |   |   | 283 |   |
| Expected                return on plan assets         |   |                                     | (347   | ) |   |   | (280 | ) |
| Amortization                of prior service cost     |   |                                     | 15     |   |   |   | 14 |   |
| Recognized                net actuarial gain (loss)   |   |                                     | -      |   |   |   | 3 |   |
| Net                periodic benefit cost              |   |                                     | 171    |   |   |   | 165 |   |
| Net                cost of defined contribution plans |   | $                                        | 11     |   |   | $ | 11 |   |

|                                                                 |   | (in                thousands of dollars) |   |
|----------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                                 |   | Three                Months ended        |   |
|                                                                 |   | December                29,2007          |   |   | December                30,2006 |   |
| Liability                for pension benefits at beginning of period |   | $                                        | 2,244  |   |   | $ | 2,886 |   |
| Net                periodic benefit cost                             |   |                                     | 174    |   |   |   | 165 |   |
| Plan                contributions                                    |   |                                     | (155   | ) |   |   | (153 | ) |
| Effect                of exchange rate changes                       |   |                                     | (55    | ) |   |   | 94 |   |
| Balance                at end of period                              |   | $                                        | 2,208  |   |   | $ | 2,992 |   |

|                                                                                                                                          |   | Unrecognized                transition obligation |   |   | Unrecognized                prior service cost |   |   | Unrecognized                net actuarial gain (loss) |   |   | Deferred                Tax |   |   | Total  |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------|--------|--------|------------------------------------------------|--------|--------|-------------------------------------------------------|--------|--------|-----------------------------|--------|--------|--------|--------|
| Balance                at September 30, 2007                                                                                                  |   | $                                                 | 1      |   |                                           | $      | 510    |                                                  |   | $      | 1,514                       |   |   | $      | (610   | ) |   | $ | 1,415 |   |
| Amounts                recognized in accumulated other comprehensive income in the first                quarter                of fiscal 2008 |   |                                              | -      |   |                                           |   | (15    | )                                                     |   |   | -                           |   |   |   | 4      |   |   |   | (11 | ) |
| Balance                at December 29, 2007                                                                                                   |   | $                                                 | 1      |   |                                           | $      | 495    |                                                  |   | $      | 1,514                       |   |   | $      | (606   | ) |   | $ | 1,404 |   |
| Amounts                expected to be recognized in the remainder of fiscal 2008                                                              |   |                                              | -      |   |                                           |   | (45    | )                                                     |   |   | -                           |   |   |   | 12     |   |   |   | (33 | ) |

----

|                          |   | (in                thousands of dollars) |   |
|-------------------------------|--------|------------------------------------------|--------|
|                          |   | December                29,2007          |   |   | September                30,2007 |   |
| Raw                materials  |   | $                                        | 3,016  |   |   | $ | 2,517 |   |
| Work-in-process               |   |                                     | 212    |   |   |   | 134 |   |
| Finished                goods |   |                                     | 2,506  |   |   |   | 2,771 |   |
|                          |   | $                                        | 5,734  |   |   | $ | 5,422 |   |

|                                                  |   | (in                thousands of dollars) |   |
|-------------------------------------------------------|--------|------------------------------------------|--------|
|                                                  |   | December                29,2007          |   |   | September                30,2007 |   |
| Accrued                compensation and related costs |   | $                                        | 730    |   |   | $ | 1,118 |   |
| Warranty                reserves                      |   |                                     | 443    |   |   |   | 458 |   |
| Other                accrued expenses                 |   |                                     | 1,690  |   |   |   | 1,586 |   |
|                                                  |   | $                                        | 2,863  |   |   | $ | 3,162 |   |

|                                                                                                           |   | (in                thousands of dollars) |   |
|----------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                                                                           |   | Three                Months Ended        |   |
|                                                                                                           |   | December                29,2007          |   |   | December                30,2006 |   |
| Warranty                reserves at beginning of period                                                        |   | $                                        | 458    |   |   | $ | 364 |   |
| Decrease                in beginning balance for warranty obligations settled during the                period |   |                                     | (146   | ) |   |   | (109 | ) |
| Other                changes to pre-existing warranties                                                        |   |                                     | -      |   |   |   | 10 |   |
| Net                increase in warranty reserves for products sold during the                period            |   |                                     | 131    |   |   |   | 125 |   |
| Warranty                reserves at end of period                                                              |   | $                                        | 443    |   |   | $ | 390 |   |

----

Item      2 Management's Discussion and Analysis of Financial Condition      and Results of Operations.

| Plan                Assumption                                       | Change                in Assumption | Impact                on Funded Status(in                thousands of dollars) | Change                in funded status |
|----------------------------------------------------------------------|-------------------------------------|--------------------------------------------------------------------------------|----------------------------------------|
| Assumptions                impacting accumulated benefit obligation: |                                |                                                                           |                                   |
| Discount                rate                                         | 0.1%                                | $550                                                                           | 22%                                    |
| Inflation                rate                                        | 0.1%                                | 330                                                                            | 13%                                    |
| Salary                Increase                                       | 0.1%                                | 770                                                                            | 31%                                    |
| Mortality                rate                                        | 1                year               | 550                                                                            | 22%                                    |
| Assumption                impacting plan assets:                     |                                |                                                                           |                                   |
| Return                on plan assets                                 | 0.1%                per year        | $20                per year                                                    | 1%                per year             |

----

|                                                            |   | Three                months ended |   |   | %                change due to:  |   |
|-----------------------------------------------------------------|--------|-----------------------------------|--------|--------|----------------------------------|--------|
|                                                            |   | December                29, 2007  |   |   | December                30, 2006 |   |   | Total |   |   | Currency |   |   | Volume                / other |   |
| Sales:                                                          |   |                              |   |   |                             |   |   |   |   |   |   |   |   |   |   |
| Controls                - to external                customers  |   | $                                 | 9,707  |   |                             | $      | 7,803 |   |   |   | 25% |   |   |   | 7% |   |   |   | 18% |   |
| Capacitors-                to external                customers |   |                              | 536    |   |                             |   | 423 |   |   |   | 26% |   |   |   | 6% |   |   |   | 20% |   |
| Capacitors                -                inter-segment        |   |                              | 12     |   |                             |   | 15 |   |   |   | -20% |   |   |   | 3% |   |   |   | -23% |   |
| Capacitors–total                                          |   |                              | 548    |   |                             |   | 438 |   |   |   | 25% |   |   |   | 6% |   |   |   | 19% |   |
| Total                sales to external                customers |   |                              | 10,243 |   |                             |   | 8,226 |   |   |   | 25% |   |   |   | 7% |   |   |   | 18% |   |
| Gross                Profit:                                    |   |                              |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                        |   |                              | 3,686  |   |                             |   | 2,866 |   |   |   | 29% |   |   |   | 8% |   |   |   | 21% |   |
| Capacitors                                                      |   |                              | 196    |   |                             |   | 132 |   |   |   | 49% |   |   |   | 7% |   |   |   | 42% |   |
| Total                                                           |   |                              | 3,882  |   |                             |   | 2,998 |   |   |   | 30% |   |   |   | 8% |   |   |   | 22% |   |
| Selling                research and administrative expenses:    |   |                              |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                        |   |                              | 3,035  |   |                             |   | 2,547 |   |   |   | 19% |   |   |   | -6% |   |   |   | 25% |   |
| Capacitors                                                      |   |                              | 230    |   |                             |   | 207 |   |   |   | 11% |   |   |   | -6% |   |   |   | 17% |   |
| Unallocated                corporate                expense     |   |                              | 32     |   |                             |   | 40 |   |   |   | -20% |   |   |   | 0% |   |   |   | -20% |   |
| Total                                                           |   |                              | 3,297  |   |                             |   | 2,794 |   |   |   | 18% |   |   |   | -6% |   |   |   | 24% |   |
| Operating                income:                                |   |                              |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                        |   |                              | 651    |   |                             |   | 319 |   |   |   | 104% |   |   |   | 25% |   |   |   | 79% |   |
| Capacitors                                                      |   |                              | (34    | )      |                             |   | (75 | ) |   |   | -55% |   |   |   | 4% |   |   |   | -59% |   |
| Unallocated                corporate                expense     |   |                              | (32    | )      |                             |   | (40 | ) |   |   | -20% |   |   |   | 0% |   |   |   | -20% |   |
| Total                                                           |   |                              | 585    |   |                             |   | 204 |   |   |   | 187% |   |   |   | 39% |   |   |   | 148% |   |
| Other                income and expense                         |   |                              | (103   | )      |                             |   | (70 | ) |   |   | 47% |   |   |   | 14% |   |   |   | 33% |   |
| Income                before income taxes                       |   |                              | 482    |   |                             |   | 134 |   |   |   | 260% |   |   |   | 51% |   |   |   | 209% |   |
| Income                taxes                                     |   |                              | (169   | )      |                             |   | (46 | ) |   |   | 266% |   |   |   | 52% |   |   |   | 214% |   |
| Net                Income                                       |   | $                                 | 313    |   |                             | $      | 88 |   |   |   | 256% |   |   |   | 50% |   |   |   | 206% |   |

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|                                                                                   |   | (in                thousands of dollars, except average contract rates) |   |
|----------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------|--------|
|                                                                                   |   | Expected                maturity or                transaction date     |   |   |   |   |
|                                                                                   |   | FY2008                                                                  |   |   | FY2009 |   |   | Total |   |   | Fair                Value |   |
| On                balance sheet financial instruments:                                 |   |                                                                    |   |   |   |   |   |   |   |   |   |   |
| In                $ US Functional                Currency                              |   |                                                                    |   |   |   |   |   |   |   |   |   |   |
| Accounts                receivable in British                Pounds                    |   |                                                                    | 1,321  |   |   |   | - |   |   |   | 1,321 |   |   |   | 1,321 |   |
| Accounts                receivable in                Euros                             |   |                                                                    | 3,868  |   |   |   | - |   |   |   | 3,868 |   |   |   | 3,868 |   |
| Accounts                payable in British                Pounds                       |   |                                                                    | 2,967  |   |   |   | - |   |   |   | 2,967 |   |   |   | 2,967 |   |
| Accounts                payable in                Euros                                |   |                                                                    | 160    |   |   |   | - |   |   |   | 160 |   |   |   | 160 |   |
| Anticipated                Transactions and related derivatives                        |   |                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In                $ US Functional                Currency                              |   |                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Firmly                committed sales                contracts                         |   |                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In                British Pounds                                                       |   |                                                                    | 1,033  |   |   |   | - |   |   |   | 1,033 |   |   |   | 1,033 |   |
| In                Euros                                                                |   |                                                                    | 1,494  |   |   |   | - |   |   |   | 1,494 |   |   |   | 1,494 |   |
| Forward                exchange                agreements                              |   |                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Sell                US Dollars for British                Pounds                       |   |                                                                    | 2,400  |   |   |   | - |   |   |   | 2,400 |   |   |   | 2,400 |   |
| Sell                Euros for British                Pounds                            |   |                                                                    | 3,504  |   |   |   | - |   |   |   | 3,504 |   |   |   | 3,504 |   |
| Average                contractual exchange                rate                        |   |                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| US                Dollars = British                Pound                               |   |                                                                    | 2.01   |   |   |   | - |   |   |   | 2.01 |   |   |   | - |   |
| Euro                = British                Pound                                     |   |                                                                    | 1.40   |   |   |   | - |   |   |   | 1.40 |   |   |   | - |   |
|  Amount                recorded as                other comprehensive income |   | $                                                                       | 54     |   |   | $ | - |   |   | $ | 54 |   |   | $ | 54 |   |

Item      4 Controls and Procedures.

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PART      II.  OTHER INFORMATION

Item      1 Legal Proceedings

Item      2    Unregistered Sales of Equity Securities and Use of Proceeds

Item      3     Defaults upon Senior      Securities

Item      4     Submission of Matters to a Vote      of Security Holders

Item      5     Other      Information

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SIGNATURES

|                                   | TECH/OPS                SEVCON, INC                                  |
|----------------------------------------|----------------------------------------------------------------------|
|                                   |                                                                 |
|                                   |                                                                 |
| Date:                February 12, 2008 | By:                /s/ Paul N. Farquhar                              |
|                                   | Paul                N. Farquhar                                      |
|                                   | Chief                Financial Officer (Principal Financial Officer) |
|                                   |
|                                   |                                                                 |
|                                   |                                                                 |
|                                   |                                                                 |
|                                   |                                                                 |

|    |                                                                                                                                                                                                                    |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Exhibit | Description                                                                                                                                                                                                             |
|    |                                                                                                                                                                                                                    |
| 31.1    | Certification                of Principal Executive Officer pursuant to section 302 of the                Sarbanes-Oxley Act of 2002. Filed herewith.                                                                   |
|    |                                                                                                                                                                                                                    |
| 31.2    | Certification                of Principal Financial Officer pursuant to section 302 of the                Sarbanes-Oxley Act of 2002. Filed herewith.                                                                   |
|    |                                                                                                                                                                                                                    |
| 32.1    | Certification                of Principal Executive Officer and Principal Financial Officer pursuant                to                section 906 of the Sarbanes-Oxley Act of 2002. Furnished                herewith. |

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