Electrical Vehicles Business Investment Opportunity in Noida, India
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.67 million |
| Run Rate Sales | USD 4.7 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Electrical Vehicles |
| Locations | Noida |
| Local Time | 12:47 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- The products are sold under our own brand name and they are approved by ICAT (International Center of Automotive Technology)
- We have about 65+ dealers across 10 states currently.
- Our annual manufacturing capacity is 12,000-15,000 units.
- We are selling approx 250-300 vehicles monthly and wish to sell at least 650-700 vehicles monthly in the next 6 months.
- Founder is 31 years old and has a double masters in marketing and international business (Melbourne).
- Looking to enter high-speed electric 3W and replace all CNG, petrol, and diesel commercial vehicles.
- Business has experienced a high growth rate due to product development, market growth, increase in demand, and more focus on sales.
- We have sold more than 5,000 electric 3W across India in the last 5 years.
- Electric loaders.
- E- Garbage cart for govt. bodies such as MCD.
- E- food carts for micro food entrepreneurs.
We also have a tie-up with an OEM fabrication partner with a facility of 85,000 sq ft (not owned). We work with them on a contractual basis.
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Earlier than 15 daysDirector, Professional Services, New Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Noida, M&A Advisor connected with the Business