Electric Vehicles Company for Sale in Bengaluru, India
Manufacturer of fully electric 3-wheel vehicles seeks investment for expansion.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 500 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Electric Vehicles |
| Locations | Bengaluru |
| Local Time | 6:34 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.47 million
(Native Currency: INR 140,000,000)
Reason: We are exploring a strategic exit from the business while also remaining open to investment opportun...
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Includes physical assets worth
USD
520 thousand
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Documents
GST Certificate
(234.7 KB)
Certificate of Incorporation
(523.9 KB)
Business Overview
- Located in Bengaluru, this business specializes in manufacturing fully electric three-wheel vehicles, catering to the growing demand in the electric vehicles (EV) sector.
- The company offers a diverse range of products, including 6 models across two categories: L3 (e-rickshaw and e-kart) and L5 (L5m and L5n models), providing various options for consumers and businesses.
- Each model is designed and developed in-house, ensuring high-quality battery packs, powertrains, and mechanical components meet the latest automotive standards.
- With a production capacity exceeding 300 units per month, the business is well-positioned to scale in a rapidly growing market.
- The company has experienced impressive growth, with turnover increasing 3.5X in its first year and projected to reach 6X in the current year, indicating strong market demand and operational efficiency.
- Revenue is generated primarily through strategic partnerships with dealers, expanding market reach and enhancing customer accessibility.
- Business is MCA registered with GST certificate.
- The company offers a diverse range of products, including 6 models across two categories: L3 (e-rickshaw and e-kart) and L5 (L5m and L5n models), providing various options for consumers and businesses.
- Each model is designed and developed in-house, ensuring high-quality battery packs, powertrains, and mechanical components meet the latest automotive standards.
- With a production capacity exceeding 300 units per month, the business is well-positioned to scale in a rapidly growing market.
- The company has experienced impressive growth, with turnover increasing 3.5X in its first year and projected to reach 6X in the current year, indicating strong market demand and operational efficiency.
- Revenue is generated primarily through strategic partnerships with dealers, expanding market reach and enhancing customer accessibility.
- Business is MCA registered with GST certificate.
Products & Services Overview
The business has 6 models in electric auto.1. 3 models in the L3 category (e-rickshaw, e-kart models)
2. 3 models in L5 category (L5m, L5n models)
Assets Overview
Manufacturing set-up with required machinery.9+ vehicle models certified with ARAI, ICAT & NATRAX.
Facilities Overview
The rented manufacturing plant is 1 acre with in-house fabrication, store, assembly, paint and QC setup.
Capitalization Overview
The business is currently bootstrapped. The founder holds 100% equity.
Recent Activity
-
Earlier than 15 daysConsulting Director, Business Consulting And Services, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Sheet Metal Fabrication, Jamshedpur, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Advertising And Marketing Services, Budapest, Individual Investor / Buyer connected with the Business
Tags:
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