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 1.8 million |
Run Rate Sales | USD 5 million |
EBITDA Margin | 0 - 10 % |
Industries | Electrical Vehicles |
Locations | Noida |
Local Time | 4:27 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Manufacturer of electric 3W such as e-rickshaws, e- loaders, and other customized products.
- 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.
- E rickshaws.
- Electric loaders.
- E- Garbage cart for govt. bodies such as MCD.
- E- food carts for micro food entrepreneurs.
Physical assets include land and building with the company with an area of 50,000 sq ft.
Head office and assembling and partial fabrication Unit located in Noida with an area of 50,000 sq ft (self-owned).
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.
It's a bootstrapped business with no loans or debts on us. And it is fully owned by 1 individual as of now.
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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
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Earlier than 15 daysMD, Logistics And Electric Vehicles, Noida, Corporate Investor / Buyer connected with the Business