----

----

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

| Large      accelerated filer o | Accelerated      filer o | Non-accelerated      filer o                       | Smaller      reporting company x |
|--------------------------------|--------------------------|----------------------------------------------------|----------------------------------|
|                           |                     | (Do      not check if a smaller reporting company) |                             |

| Class                             | Outstanding      at August 5, 2008 |
|-----------------------------------|------------------------------------|
| Common      stock, par value $.10 | 3,271,322                          |

----

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                                  | 17   |
| Item      4     Controls and Procedures                                                                          | 18   |
| PART II - OTHER      INFORMATION                                                                                                          | 18   |
| Item 1 Legal Proceedings                                                                                                             | 18   |
| Item      1A  Risk Factors                                                                                                      | 18   |
| Item 2     Unregistered Sales of      Equity Securities and Use of Proceeds                                      | 19   |
| Item 3     Defaults upon Senior      Securities                                                                  | 19   |
| Item 4     Submission of Matters to      a Vote of Security Holders                                              | 19   |
| Item 5     Other      Information                                                                                | 19   |
| Item      6     Exhibits                                                                                         | 19   |
| SIGNATURES                                                                                                                                | 19   |
| INDEX OF      EXHIBITS                                                                                                                    | 19   |

----

Item 1 Financial Statements

CONSOLIDATED BALANCE SHEETS

| (in      thousands of dollars except per share data)                                                                                                                        |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                        |   | June      28,2008 |   |   | September      30,2007 |   |
|                                                                                                                                                                        |   |  (unaudited) |   |   | (derived      from audited statements) |   |
| ASSETS                                                                                                                                                                      |   |   |   |   |   |   |
| Current      assets:                                                                                                                                                        |   |   |   |   |   |   |
| Cash and cash      equivalents                                                                                                                                              |   | $ | 1,250 |   |   | $ | 1,014 |   |
| Receivables, net of allowances      for doubtful accounts of $235 at June 28, 2008and $180 at September 30,      2007                                                       |   |   | 8,142 |   |   |   | 8,714 |   |
| Inventories                                                                                                                                                                 |   |   | 5,420 |   |   |   | 5,422 |   |
| Prepaid expenses and other      current assets                                                                                                                              |   |   | 978 |   |   |   | 916 |   |
| Total      current assets                                                                                                                                                   |   |   | 15,790 |   |   |   | 16,066 |   |
| Property,      plant and equipment:                                                                                                                                         |   |   |   |   |   |   |   |   |
| At cost                                                                                                                                                                     |   |   | 12,612 |   |   |   | 12,265 |   |
| Less: accumulated depreciation      and amortization                                                                                                                        |   |   | 8,753 |   |   |   | 8,497 |   |
| Net      property, plant and equipment                                                                                                                                      |   |   | 3,859 |   |   |   | 3,768 |   |
| Long-term      deferred tax asset                                                                                                                                           |   |   | 613 |   |   |   | 657 |   |
| Goodwill                                                                                                                                                                    |   |   | 1,435 |   |   |   | 1,435 |   |
| Total      assets                                                                                                                                                           |   | $ | 21,697 |   |   | $ | 21,926 |   |
|                                                                                                                                                                        |   |   |   |   |   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS’ INVESTMENT                                                                                                                         |   |   |   |   |   |   |   |   |
| Current      liabilities:                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Accounts payable                                                                                                                                                            |   | $ | 3,239 |   |   | $ | 3,398 |   |
| Dividend payable                                                                                                                                                            |   |   | 98 |   |   |   | 97 |   |
| Accrued expenses                                                                                                                                                            |   |   | 3,238 |   |   |   | 3,162 |   |
| Accrued and deferred taxes on      income                                                                                                                                   |   |   | - |   |   |   | 530 |   |
| Total      current liabilities                                                                                                                                              |   |   | 6,575 |   |   |   | 7,187 |   |
| Liability      for pension benefits                                                                                                                                         |   |   | 2,179 |   |   |   | 2,244 |   |
| Other      long term liabilities                                                                                                                                            |   |   | 60 |   |   |   | 61 |   |
| Total      liabilities                                                                                                                                                      |   |   | 8,814 |   |   |   | 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 3,271,322 shares at      June 28, 2008 and 3,238,702 shares atSeptember 30,    2007 |   |   |   327 |   |   |   |   324 |   |
| Premium paid in on common      stock                                                                                                                                        |   |   | 4,810 |   |   |   | 4,623 |   |
| Retainedearnings                                                                                                                                                            |   |   | 8,142 |   |   |   | 7,961 |   |
| Cumulative other comprehensive      loss                                                                                                                                    |   |   | (396 | ) |   |   | (474 | ) |
| Total      stockholder equity                                                                                                                                               |   |   | 12,883 |   |   |   | 12,434 |   |
| Total      liabilities and stockholder equity                                                                                                                               |   | $ | 21,697 |   |   | $ | 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 |   |   | Nine      months ended |   |
|                                                 |   | June      28,2008 |   |   | June      30,2007 |   |   | June      28,2008 |   |   | June      30,2007 |   |
| Net      sales                                       |   | $ | 10,015 |   |   | $ | 10,341 |   |   | $ | 30,818 |   |   | $ | 28,941 |   |
| Cost      of sales                                   |   |   | 6,799 |   |   |   | 6,550 |   |   |   | 20,006 |   |   |   | 18,138 |   |
| Gross      Profit                                    |   |   | 3,216 |   |   |   | 3,791 |   |   |   | 10,812 |   |   |   | 10,803 |   |
| Selling,      research and administrative expenses   |   |   | 2,907 |   |   |   | 3,009 |   |   |   | 9,283 |   |   |   | 8,919 |   |
| Restructuring      charge (Note 12)                  |   |   | 700 |   |   |   | - |   |   |   | 700 |   |   |   | - |   |
| Operating      income (loss)                         |   |   | (391 | ) |   |   | 782 |   |   |   | 829 |   |   |   | 1,884 |   |
| Interest      expense                                |   |   | (29 | ) |   |   | (10 | ) |   |   | (82 | ) |   |   | (17 | ) |
| Interest      income                                 |   |   | 3 |   |   |   | 3 |   |   |   | 7 |   |   |   | 7 |   |
| Foreign      currency loss                           |   |   | (27 | ) |   |   | (40 | ) |   |   | (7 | ) |   |   | (130 | ) |
| Income      (loss) before income taxes               |   |   | (444 | ) |   |   | 735 |   |   |   | 747 |   |   |   | 1,744 |   |
| Income      taxes                                    |   |   | 155 |   |   |   | (252 | ) |   |   | (262 | ) |   |   | (605 | ) |
| Net      income (loss)                               |   | $ | (289 | ) |   | $ | 483 |   |   | $ | 485 |   |   | $ | 1,139 |   |
| Basic      income (loss) per share                   |   | $ | (.09 | ) |   | $ | .15 |   |   | $ | .15 |   |   | $ | .36 |   |
| Fully      diluted income (loss) per share           |   | $ | (.09 | ) |   | $ | .15 |   |   | $ | .15 |   |   | $ | .36 |   |

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

|                                                    |   |                    | (in      thousands of dollars) |   |
|---------------------------------------------------------|--------|-------------------------|--------------------------------|--------|
|                                                    |   | Three      months ended |                           |   | Nine      months ended |   |
|                                                    |   | June      28,2008       |                           |   | June      30,2007 |   |   | June      28,2008 |   |   | June      30,2007 |   |
| Net      income (loss)                                  |   | $                       | (289                           | )      |   | $ | 483 |   |   | $ | 485 |   |   | $ | 1,139 |   |
| Foreign      currency translation adjustment            |   |                    | (17                            | )      |   |   | 193 |   |   |   | 126 |   |   |   | 528 |   |
| Changes      in fair market value of cash flow hedges   |   |                    | 115                            |   |   |   | - |   |   |   | (79 | ) |   |   | - |   |
| Amortization      of pension transition items to income |   |                    | 9                              |   |   |   | 11 |   |   |   | 31 |   |   |   | 37 |   |
| Comprehensive      income (loss)                        |   | $                       | (182                           | )      |   | $ | 687 |   |   | $ | 563 |   |   | $ | 1,704 |   |

----

CONSOLIDATED STATEMENTS OF CASH FLOWS

|                                                                                        |   | (in      thousands of dollars) |   |
|---------------------------------------------------------------------------------------------|--------|--------------------------------|--------|
|                                                                                        |   | Nine      months ended         |   |
|                                                                                        |   | June      28,2008              |   |   | June      30,2007 |   |
| Cash      flow from operating activities:                                                   |   |                           |   |   |   |   |
| Net      income                                                                             |   | $                              | 485    |   |   | $ | 1,139 |   |
| Adjustments      to reconcile net income to net cash from operating    activities:          |   |                           |   |   |   |   |   |   |
| Depreciation and      amortization                                                          |   |                           | 518    |   |   |   | 555 |   |
| Stock-based      compensation                                                               |   |                           | 163    |   |   |   | 142 |   |
| Pension contributions greater than      (less than) pension expense                         |   |                           | 8      |   |   |   | (68 | ) |
| Deferred tax    provision                                                                   |   |                           | 32     |   |   |   | - |   |
| Increase (decrease) in cash      resulting from changes in operating assets andliabilities: |   |                           |   |   |   |   |   |   |
| Receivables                                                                                 |   |                           | 888    |   |   |   | (2,641 | ) |
| Inventories                                                                                 |   |                           | (12    | ) |   |   | (1,159 | ) |
| Prepaid expenses and other      current assets                                              |   |                           | (92    | ) |   |   | (106 | ) |
| Accountspayable                                                                             |   |                           | (95    | ) |   |   | 1,855 |   |
| Accruedexpenses                                                                             |   |                           | (51    | ) |   |   | 46 |   |
| Accrued and deferred taxes on      income                                                   |   |                           | (527   | ) |   |   | 532 |   |
| Net      cash generated from operating activities                                           |   |                           | 1,317  |   |   |   | 295 |   |
| Cash      flow used by investing activities:                                                |   |                           |   |   |   |   |   |   |
| Acquisition of property, plant and      equipment                                           |   |                           | (678   | ) |   |   | (783 | ) |
| Net      cash used by investing activities                                                  |   |                           | (678   | ) |   |   | (783 | ) |
| Cash      flow used by financing activities:                                                |   |                           |   |   |   |   |   |   |
| Dividends paid                                                                              |   |                           | (293   | ) |   |   | (289 | ) |
| Exercise of stock      options                                                              |   |                           | 20     |   |   |   | 4 |   |
| Net cash used by financing      activities                                                  |   |                           | (273   | ) |   |   | (285 | ) |
| Effect      of exchange rate changes on cash                                                |   |                           | (130   | ) |   |   | 390 |   |
| Net      increase  (decrease) in cash                                             |   |                           | 236    |   |   |   | (383 | ) |
| Beginning      balance - cash and cash equivalents                                          |   |                           | 1,014  |   |   |   | 1,290 |   |
| Ending      balance - cash and cash equivalents                                             |   | $                              | 1,250  |   |   | $ | 907 |   |
| Supplemental      disclosure of cash flow information:                                      |   |                           |   |   |   |   |   |   |
| Cash paid for income      taxes                                                             |   | $                              | 618    |   |   | $ | 266 |   |
| Cash paid for    interest                                                                   |   | $                              | 82     |   |   | $ | 17 |   |
| Supplemental      disclosure of non-cash financing activity:                                |   |                           |   |   |   |   |   |   |
| Dividend declared                                                                           |   | $                              | 98     |   |   | $ | 97 |   |

----

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                              | (7,000)                                     | $4.37                                                        |                                                                             |                                                   |
| Cancelled                              | (53,500)                                    | $13.66                                                       |                                                                             |                                                   |
| Outstanding      at June 28, 2008      |  68,500                                | $6.88                                                        |  3.2                                                                        | $130,000                                               |
| Exercisable      at June 28, 2008      |  49,100                                | $7.08                                                        |  3.6                                                                        | $89,000                                                |

----

|                                                        |  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                                                     | 27,000                                          | $7.82                                             |
| Vested                                                      | (28,000)                                        | $6.76                                             |
| Forfeited                                                   |  -                                         |  N/A                                         |
| Non-vested      balance as of June 28, 2008                 | 54,000                                          | $6.74                                             |

|                                          |   | (in      thousands of dollars) |   |
|-----------------------------------------------|--------|--------------------------------|--------|
|                                          |   | Three      Months ended        |   |   | Nine      Months ended |   |
|                                          |   | June      28,2008              |   |   | June      30,2007 |   |   | June      28,2008 |   |   | June      30,2007 |   |
| Stock      option expense under SFAS No. 123R |   | $                              | 6      |   |   | $ | 6 |   |   | $ | 19 |   |   | $ | 27 |   |
| Restricted      stock grants:                 |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Employees                                     |   |                           | 20     |   |   |   | 19 |   |   |   | 80 |   |   |   | 54 |   |
| Non-employee    directors                     |   |                           | 20     |   |   |   | 23 |   |   |   | 64 |   |   |   | 61 |   |
| Total      stock based compensation expense   |   | $                              | 46     |   |   | $ | 48 |   |   | $ | 163 |   |   | $ | 142 |   |

----

|                                                                                                                     |   | (in      thousands except per share data) |     |
|--------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|----------|
|                                                                                                                     |   | Three      Months ended                   |     |   | Nine      Months ended |   |
|                                                                                                                     |   | June      28,2008                         |     |   | June      30,2007 |   |   | June      28,2008 |   |   | June      30,2007 |   |
| Net      income (loss)                                                                                                   |   | $                                         | (289     | ) |   | $ | 483 |   |   | $ | 485 |   |   | $ | 1,139 |   |
| Weighted      average shares outstanding - basic                                                                         |   |                                      | 3,217    |   |   |   | 3,172 |   |   |   | 3,206 |   |   |   | 3,162 |   |
| Basic      (loss) income per share                                                                                       |   | $                                         | (.09     | ) |   | $ | .15 |   |   | $ | .15 |   |   | $ | .36 |   |
| Common      stock equivalents                                                                                            |   |                                      | -        |   |   |   | 53 |   |   |   | 33 |   |   |   | 44 |   |
| Weighted      average shares outstanding - diluted                                                                       |   |                                      | 3,217    |   |   |   | 3,225 |   |   |   | 3,239 |   |   |   | 3,206 |   |
| Diluted      income (loss) per share                                                                                     |   | $                                         | (.09     | ) |   | $ | .15 |   |   | $ | .15 |   |   | $ | .36 |   |
| No.      of options that are anti-dilutive excluded from calculation of common      stock equivalents                    |   |                                      |  69 |   |   |   |  80 |   |   |   |  38 |   |   |   |  100 |   |
| No.      of shares of restricted stock that are anti-dilutive excluded from      calculation of common stock equivalents |   |                                      |  54 |   |   |   |  - |   |   |   |  - |   |   |   |  - |   |

|                             |   | (in      thousands of dollars)        |   |
|----------------------------------|--------|---------------------------------------|--------|
|                             |   | Three      months ended June 28, 2008 |   |
|                             |   | Controls                              |   |   | Capacitors |   |   | Corporate |   |   | Total |   |
| Sales      to external customers |   | $                                     | 9,499  |   |   | $ | 516 |   |   | $ | - |   |   | $ | 10,015 |   |
| Inter-segment      revenues      |   |                                  | -      |   |   |   | 6 |   |   |   | - |   |   |   | 6 |   |
| Operating      loss              |   |                                  | (242   | ) |   |   | (82 | ) |   |   | (67 | ) |   |   | (391 | ) |
| Identifiable      assets         |   |                                  | 20,320 |   |   |   | 824 |   |   |   | 553 |   |   |   | 21,697 |   |

|                             |   | Three      months ended June 30, 2007 |   |
|----------------------------------|--------|---------------------------------------|--------|
|                             |   | Controls                              |   |   | Capacitors |   |   | Corporate |   |   | Total |   |
| Sales      to external customers |   | $                                     | 9,753  |   |   | $ | 588 |   |   | $ | - |   |   | $ | 10,341 |   |
| Inter-segment      revenues      |   |                                  | -      |   |   |   | 8 |   |   |   | - |   |   |   | 8 |   |
| Operating      income            |   |                                  | 963    |   |   |   | 8 |   |   |   | (189 | ) |   |   | 782 |   |
| Identifiable      assets         |   |                                  | 21,141 |   |   |   | 1,109 |   |   |   | 470 |   |   |   | 22,720 |   |

|                               |   | Nine      months ended June 28, 2008 |   |
|------------------------------------|--------|--------------------------------------|--------|
|                               |   | Controls                             |   |   | Capacitors |   |   | Corporate |   |   | Total |   |
| Sales      to external customers   |   | $                                    | 29,273 |   |   | $ | 1,545 |   |   | $ | - |   |   | $ | 30,818 |   |
| Inter-segment      revenues        |   |                                 | -      |   |   |   | 28 |   |   |   | - |   |   |   | 28 |   |
| Operating      income (loss)       |   |                                 | 1,265  |   |   |   | (174 | ) |   |   | (262 | ) |   |   | 829 |   |
| Depreciation      and amortization |   |                                 | 477    |   |   |   | 38 |   |   |   | 3 |   |   |   | 518 |   |
| Identifiable      assets           |   |                                 | 20,320 |   |   |   | 824 |   |   |   | 553 |   |   |   | 21,697 |   |
| Capital      expenditures          |   |                                 | 635    |   |   |   | 43 |   |   |   | - |   |   |   | 678 |   |

|                               |   | Nine      months ended June 30, 2007 |   |
|------------------------------------|--------|--------------------------------------|--------|
|                               |   | Controls                             |   |   | Capacitors |   |   | Corporate |   |   | Total |   |
| Sales      to external customers   |   | $                                    | 27,437 |   |   | $ | 1,504 |   |   | $ | - |   |   | $ | 28,941 |   |
| Inter-segment      revenues        |   |                                 | -      |   |   |   | 39 |   |   |   | - |   |   |   | 39 |   |
| Operating      income (loss)       |   |                                 | 2,211  |   |   |   | (25 | ) |   |   | (302 | ) |   |   | 1,884 |   |
| Depreciation      and amortization |   |                                 | 507    |   |   |   | 44 |   |   |   | 4 |   |   |   | 555 |   |
| Identifiable      assets           |   |                                 | 21,141 |   |   |   | 1,109 |   |   |   | 470 |   |   |   | 22,720 |   |
| Capital      expenditures          |   |                                 | 704    |   |   |   | 75 |   |   |   | 4 |   |   |   | 783 |   |

----

|                                                    |   | (in      thousands of dollars) |   |
|---------------------------------------------------------|--------|--------------------------------|--------|
|                                                    |   | Three      Months ended        |   |   | Nine      Months ended |   |
|                                                    |   | June      28,2008              |   |   | June      30,2007 |   |   | June      28,2008 |   |   | June      30,2007 |   |
| Electronic      controllers for battery driven vehicles |   | $                              | 6,580  |   |   | $ | 6,710 |   |   | $ | 20,429 |   |   | $ | 19,183 |   |
| Accessory      and aftermarket products and services    |   |                           | 2,919  |   |   |   | 3,043 |   |   |   | 8,844 |   |   |   | 8,254 |   |
| Total      controls segment revenues                    |   | $                              | 9,499  |   |   | $ | 9,753 |   |   | $ | 29,273 |   |   | $ | 27,437 |   |

|                                  |   | (in      thousands of dollars) |   |
|---------------------------------------|--------|--------------------------------|--------|
|                                  |   | Three      Months ended        |   |   | Nine      Months ended |   |
|                                  |   | June      28,2008              |   |   | June      30,2007 |   |   | June      28,2008 |   |   | June      30,2007 |   |
| Research      and Development expense |   | $                              | 899    |   |   | $ | 946 |   |   | $ | 2,895 |   |   | $ | 2,845 |   |
| Percentage      of sales              |   |                           | 9.0    | % |   |   | 9.1 | % |   |   | 9.4 | % |   |   | 9.8 | % |

|                                        |   | (in      thousands of dollars) |   |
|---------------------------------------------|--------|--------------------------------|--------|
|                                        |   | Three      Months ended        |   |   | Nine      Months ended |   |
|                                        |   | June      28,2008              |   |   | June      30,2007 |   |   | June      28,2008 |   |   | June      30,2007 |   |
| Service      cost                           |   | $                              | 152    |   |   | $ | 149 |   |   | $ | 459 |   |   | $ | 441 |   |
| Interest      cost                          |   |                           | 350    |   |   |   | 293 |   |   |   | 1054 |   |   |   | 863 |   |
| Expected      return on plan assets         |   |                           | (346   | ) |   |   | (290 | ) |   |   | (1,044 | ) |   |   | (854 | ) |
| Amortization      of prior service cost     |   |                           | 15     |   |   |   | 15 |   |   |   | 45 |   |   |   | 44 |   |
| Recognized      net actuarial gain          |   |                           | -      |   |   |   | 3 |   |   |   | - |   |   |   | 9 |   |
| Net      periodic benefit cost              |   |                           | 171    |   |   |   | 170 |   |   |   | 514 |   |   |   | 503 |   |
| Net      cost of defined contribution plans |   | $                              | 12     |   |   | $ | 11 |   |   | $ | 34 |   |   | $ | 33 |   |

|                                                       |   | (in      thousands of dollars) |   |
|------------------------------------------------------------|--------|--------------------------------|--------|
|                                                       |   | Nine      Months ended         |   |
|                                                       |   | June      28,2009              |   |   | June      30,2007 |   |
| Liability      for pension benefits at beginning of period |   | $                              | 2,244  |   |   | $ | 2,886 |   |
| Net      periodic benefit cost                             |   |                           | 514    |   |   |   | 503 |   |
| Plan      contributions                                    |   |                           | (495   | ) |   |   | (572 | ) |
| Effect      of exchange rate changes                       |   |                           | (84    | ) |   |   | 147 |   |
| Balance      at end of period                              |   | $                              | 2,179  |   |   | $ | 2,964 |   |

----

|                                                                                                           | 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 nine      months of fiscal 2008 |    -                     |    (45)               |    -                         |    14 |    (31) |
| Balance      at June 28, 2008                                                                                  | $      1  | $465                                 | $1,514                                      | $(596)               | $1,384                 |
| Amounts      expected to be recognized in the remainder of      fiscal 2008                                    |  -                                 |  (15)                           |  -                                     |  4              |  (11)             |

|                |   | (in      thousands of dollars) |   |
|---------------------|--------|--------------------------------|--------|
|                |   | June      28,2008              |   |   | September      30,2007 |   |
| Raw      materials  |   | $                              | 2,922  |   |   | $ | 2,517 |   |
| Work-in-process     |   |                           | 227    |   |   |   | 134 |   |
| Finished      goods |   |                           | 2,271  |   |   |   | 2,771 |   |
|                |   | $                              | 5,420  |   |   | $ | 5,422 |   |

|                                        |   | (in      thousands of dollars) |   |
|---------------------------------------------|--------|--------------------------------|--------|
|                                        |   | June      28,2008              |   |   | September      30,2007 |   |
| Accrued      compensation and related costs |   | $                              | 1,471  |   |   | $ | 1,118 |   |
| Warranty      reserves                      |   |                           | 381    |   |   |   | 458 |   |
| Other      accrued expenses                 |   |                           | 1,386  |   |   |   | 1,586 |   |
|                                        |   | $                              | 3,238  |   |   | $ | 3,162 |   |

|                                                                                       |   | (in      thousands of dollars) |    |
|--------------------------------------------------------------------------------------------|--------|--------------------------------|---------|
|                                                                                       |   | Three      Months ended        |    |   | Nine      Months ended |   |
|                                                                                       |   | June      28,2008              |    |   | June      30,2007 |   |   | June      28,2008 |   |   | June      30,2007 |   |
| Warranty      reserves at beginning of period                                              |   | $                              | 398     |   |   | $ | 418 |   |   | $ | 458 |   |   | $ | 364 |   |
| Decrease      in beginning balance for warranty obligations settled during the      period |   |                           | (65     | ) |   |   | (76 | ) |   |   | (363 | ) |   |   | (258 | ) |
| Other      changes to pre-existing warranties                                              |   |                           | -  |   |   |   | 3 |   |   |   | -  |   |   |   | 13 |   |
| Net      increase in warranty reserves for products sold during the      period            |   |                           | 48      |   |   |   | 125 |   |   |   | 286 |   |   |   | 351 |   |
| Warranty      reserves at end of period                                                    |   | $                              | 381     |   |   | $ | 470 |   |   | $ | 381 |   |   | $ | 470 |   |

----

|                                   | (in      thousands of dollars) |
|----------------------------------------|--------------------------------|
| Severance      and other related costs | $ 685                     |
| Professional      fees                 |  15                       |
| Total      restructuring charge        | $ 700                     |

|                                   |   |                            |   |   |    |   |   | (in      thousands of dollars) |   |
|----------------------------------------|--------|---------------------------------|--------|--------|---------|--------|--------|--------------------------------|--------|
|                                   |   | Balance      at October 1, 2007 |   |   | Charges |   |   | Payments                       |   |   | Balance      at June 28, 2008 |   |
| Severance      and other related costs |   | $                               | -      |   |    | $      | 685    |                           |   | $ | 105 |   |   | $ | 580 |   |
| Professional      fees                 |   |                            | -      |   |    |   | 15     |                           |   |   | 15 |   |   |   | - |   |
| Total                                  |   | $                               | -      |   |    | $      | 700    |                           |   | $ | 120 |   |   | $ | 580 |   |

Item 2     Management's Discussion andAnalysis 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%                      | $650                                                   | 30%                          |
| Inflation      rate                                        | 0.1%                      | 400                                                    | 18%                          |
| Salary      Increase                                       | 0.5%                      | 900                                                    | 41%                          |
| Mortality      rate                                        | 1      year               | 650                                                    | 30%                          |
| Assumption      impacting plan assets:                     |                      |                                                   |                         |
| Return      on plan assets                                 | 0.1%      per year        | $20      per year                                      | 1%      per year             |

|                                                                           |   |   |   |   | %      change due to: |   |
|--------------------------------------------------------------------------------|--------|--------|--------|--------|-----------------------|--------|
|                                                                           |   | 2008   |   |   | 2007                  |   |   | Total |   |   | Currency |   |   | Volume      / other |   |
| Sales:                                                                         |   |   |   |   |                  |   |   |   |   |   |   |   |   |   |   |
| Controls - to external      customers                                          |   | $      | 9,499  |   |                  | $      | 9,753 |   |   |   | -3 | % |   |   | 5 | % |   |   | -8 | % |
| Capacitors - to external      customers                                        |   |   | 516    |   |                  |   | 588 |   |   |   | -12 | % |   |   | 0 | % |   |   | -12 | % |
| Capacitors -      inter-segment                                                |   |   | 6      |   |                  |   | 8 |   |   |   | -25 | % |   |   | 0 | % |   |   | -25 | % |
| Capacitors – total                                                       |   |   | 522    |   |                  |   | 596 |   |   |   | -12 | % |   |   | 0 | % |   |   | -12 | % |
| Total sales to external      customers                                         |   |   | 10,015 |   |                  |   | 10,341 |   |   |   | -3 | % |   |   | 4 | % |   |   | -7 | % |
| Gross      Profit:                                                             |   |   |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                                       |   |   | 3,027  |   |                  |   | 3,566 |   |   |   | -15 | % |   |   | 6 | % |   |   | -21 | % |
| Capacitors                                                                     |   |   | 189    |   |                  |   | 225 |   |   |   | -16 | % |   |   | -1 | % |   |   | -15 | % |
| Total                                                                          |   |   | 3,216  |   |                  |   | 3,791 |   |   |   | -15 | % |   |   | 6 | % |   |   | -21 | % |
| Selling      research and administrative expenses and restructuring    charge: |   |   |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                                       |   |   | 3,269  |   |                  |   | 2,603 |   |   |   | 26 | % |   |   | 2 | % |   |   | 24 | % |
| Capacitors                                                                     |   |   | 271    |   |                  |   | 217 |   |   |   | 25 | % |   |   | 0 | % |   |   | 25 | % |
| Unallocated corporate      expense                                             |   |   | 67     |   |                  |   | 189 |   |   |   | -65 | % |   |   | 0 | % |   |   | -65 | % |
| Total                                                                          |   |   | 3,607  |   |                  |   | 3,009 |   |   |   | 20 | % |   |   | 2 | % |   |   | 18 | % |
| Operating      income:                                                         |   |   |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                                       |   |   | (242   | )      |                  |   | 963 |   |   |   | -125 | % |   |   | 16 | % |   |   | -141 | % |
| Capacitors                                                                     |   |   | (82    | )      |                  |   | 8 |   |   |   | -1,125 | % |   |   | -9 | % |   |   | -1,116 | % |
| Unallocated corporate      expense                                             |   |   | (67    | )      |                  |   | (189 | ) |   |   | -65 | % |   |   | 0 | % |   |   | -65 | % |
| Total                                                                          |   |   | (391   | )      |                  |   | 782 |   |   |   | -150 | % |   |   | 20 | % |   |   | -170 | % |
| Other      income and expense                                                  |   |   | (53    | )      |                  |   | (47 | ) |   |   | 13 | % |   |   | -30 | % |   |   | 43 | % |
| Income      (loss) before income taxes                                         |   |   | (444   | )      |                  |   | 735 |   |   |   | -160 | % |   |   | 23 | % |   |   | -183 | % |
| Income      taxes                                                              |   |   | 155    |   |                  |   | (252 | ) |   |   | -162 | % |   |   | 23 | % |   |   | -185 | % |
| Net      Income (loss)                                                         |   | $      | (289   | )      |                  | $      | 483 |   |   |   | -160 | % |   |   | 23 | % |   |   | -183 | % |

----

----

|                                                                           |   | Nine      months ended |   |   | %      change due to: |   |
|--------------------------------------------------------------------------------|--------|------------------------|--------|--------|-----------------------|--------|
|                                                                           |   | June      28,2008      |   |   | June      30,2007     |   |   | Total |   |   | Currency |   |   | Volume      / other |   |
| Sales:                                                                         |   |                   |   |   |                  |   |   |   |   |   |   |   |   |   |   |
| Controls - to external      customers                                          |   | $                      | 29,273 |   |                  | $      | 27,437 |   |   |   | 7 | % |   |   | 6 | % |   |   | 1 | % |
| Capacitors - to external      customers                                        |   |                   | 1,545  |   |                  |   | 1,504 |   |   |   | 3 | % |   |   | 2 | % |   |   | 1 | % |
| Capacitors -      inter-segment                                                |   |                   | 28     |   |                  |   | 39 |   |   |   | -28 | % |   |   | 0 | % |   |   | -28 | % |
| Capacitors – total                                                       |   |                   | 1,573  |   |                  |   | 1,543 |   |   |   | 2 | % |   |   | 2 | % |   |   | 0 | % |
| Total sales to external      customers                                         |   |                   | 30,818 |   |                  |   | 28,941 |   |   |   | 6 | % |   |   | 5 | % |   |   | 1 | % |
| Gross      Profit:                                                             |   |                   |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                                       |   |                   | 10,287 |   |                  |   | 10,223 |   |   |   | 1 | % |   |   | 8 | % |   |   | -7 | % |
| Capacitors                                                                     |   |                   | 525    |   |                  |   | 580 |   |   |   | 9 | % |   |   | 2 | % |   |   | -11 | % |
| Total                                                                          |   |                   | 10,812 |   |                  |   | 10,803 |   |   |   | 0 | % |   |   | 7 | % |   |   | -7 | % |
| Selling      research and administrative expenses and restructuring    charge: |   |                   |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                                       |   |                   | 9,022  |   |                  |   | 8,012 |   |   |   | 13 | % |   |   | 4 | % |   |   | 9 | % |
| Capacitors                                                                     |   |                   | 699    |   |                  |   | 605 |   |   |   | 16 | % |   |   | 2 | % |   |   | 14 | % |
| Unallocated corporate      expense                                             |   |                   | 262    |   |                  |   | 302 |   |   |   | -13 | % |   |   | 0 | % |   |   | -13 | % |
| Total                                                                          |   |                   | 9,983  |   |                  |   | 8,919 |   |   |   | 12 | % |   |   | 3 | % |   |   | 9 | % |
| Operating      income:                                                         |   |                   |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Controls                                                                       |   |                   | 1,265  |   |                  |   | 2,211 |   |   |   | -43 | % |   |   | 21 | % |   |   | -64 | % |
| Capacitors                                                                     |   |                   | (174   | )      |                  |   | (25 | ) |   |   | 596 | % |   |   | 13 | % |   |   | 583 | % |
| Unallocated corporate      expense                                             |   |                   | (262   | )      |                  |   | (302 | ) |   |   | -13 | % |   |   | 0 | % |   |   | -13 | % |
| Total                                                                          |   |                   | 829    |   |                  |   | 1,884 |   |   |   | -56 | % |   |   | 25 | % |   |   | -81 | % |
| Other      income and expense                                                  |   |                   | (82    | )      |                  |   | (140 | ) |   |   | -41 | % |   |   | -87 | % |   |   | 46 | % |
| Income      before income taxes                                                |   |                   | 747    |   |                  |   | 1,744 |   |   |   | -57 | % |   |   | 34 | % |   |   | -91 | % |
| Income      taxes                                                              |   |                   | (262   | )      |                  |   | (605 | ) |   |   | -57 | % |   |   | 34 | % |   |   | -91 | % |
| Net      Income                                                                |   | $                      | 485    |   |                  | $      | 1,139 |   |   |   | -57 | % |   |   | 34 | % |   |   | -91 | % |

----

----

Item 3    Quantitative and Qualitative Disclosuresabout Market Risk.

|                                                        |   | (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                  |   |                                                          | 2,108  |   |   |   | - |   |   |   | 2,108 |   |   |   | 2,108 |   |
| Accounts receivable in      Euros                           |   |                                                          | 3,764  |   |   |   | - |   |   |   | 3,764 |   |   |   | 3,764 |   |
| Accounts payable in British      Pounds                     |   |                                                          | 4,852  |   |   |   | - |   |   |   | 4,852 |   |   |   | 4,852 |   |
| Accounts payable in      Euros                              |   |                                                          | 346    |   |   |   | - |   |   |   | 346 |   |   |   | 346 |   |
| Anticipated      Transactions and related derivatives       |   |                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In $ US Functional      Currency                            |   |                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Firmly committed sales      contracts                       |   |                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In British Pounds                                           |   |                                                          | 2,044  |   |   |   | 7 |   |   |   | 2,051 |   |   |   | 2,051 |   |
| In Euros                                                    |   |                                                          | 854    |   |   |   | 74 |   |   |   | 928 |   |   |   | 928 |   |
| Forward exchange      agreements                            |   |                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Sell US Dollars for British      Pounds                     |   |                                                          | 450    |   |   |   | - |   |   |   | 450 |   |   |   | 450 |   |
| Sell Euros for British      Pounds                          |   |                                                          | 1,383  |   |   |   | - |   |   |   | 1,383 |   |   |   | 1,383 |   |
| Average contractual exchange      rate                      |   |                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| US Dollars = British      Pound                             |   |                                                          | 1.95   |   |   |   | - |   |   |   | 1.95 |   |   |   | - |   |
| Euro = British      Pound                                   |   |                                                          | 1.36   |   |   |   | - |   |   |   | 1.36 |   |   |   | - |   |
|  Amount recorded as      other comprehensive loss |   | $                                                             | 76     |   |   | $ | - |   |   | $ | 76 |   |   | $ | 76 |   |

----

Item 4    Controls andProcedures.

PART II.  OTHER INFORMATION

Item 1 Legal Proceedings

Item 1A Risk Factors

----

Item 2      UnregisteredSales of Equity Securities and Use of Proceeds

Item 3      Defaults upon SeniorSecurities

Item 4      Submission of Matters to aVote of Security Holders

Item 5      OtherInformation

Item 6      Exhibits

SIGNATURES

|                      | TECH/OPS      SEVCON, INC                                  |
|---------------------------|------------------------------------------------------------|
|                      |                                                       |
|                      |                                                       |
| Date:      August 5, 2008 | By:      /s/ Paul N. Farquhar                              |
|                      | Paul      N. Farquhar                                      |
|                      | Chief      Financial Officer (Principal Financial Officer) |
|                      |

INDEX OFEXHIBITS

|    |                                                                                                                                                                             |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Exhibit | Description                                                                                                                                                                 |
| (3)(a)  | Certificate      of Incorporation of the registrant (incorporated by reference to Exhibit      (3)(a) to Quarterly Report on Form 10-Q for the quarter ended July 3,      2004). |
|    |                                                                                                                                                                             |
| (3)(b)  | By-laws      of the registrant (incorporated by reference to Exhibit (3) (b) to      Quarterly Report on Form 10-Q for the quarter ended June 30,      2000).                    |
|    |                                                                                                                                                                             |
| 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.       |

----