Electrical Vehicles Company Equity Stake For Sale in Kolkata, India

- A year old company manufacturing electric vehicles approved by ARAI in Kolkata.
- Have done 8 years of ground work before starting this business.
- Currently producing 3 models in low speed vehicle category and have already taken permission to manufacture high speed vehicles and E-rickshaws.
- Production capacity of our factory is around 500 bikes per month, however, we are manufacturing around 100 to 150 vehicles on a monthly basis.
- Each 2 wheeler electric vehicle costs INR 40 to 50 thousand and the driving range is between 50 to 60 km on a full charge.
- Auto parts such as electric components and motors are procured from China and body components are sourced locally in India.
- Since Jan 2018 to Dec 2018 we produced 700 to 800 vehicles.
- We currently have 25 dealers in Odisha, Uttar Pradesh, West Bengal, Maharashtra, Chhattisgarh and Jharkhand.
- We aim to be amongst top 3 manufacturers of Electric 2-wheeler and 3-wheeler in India by 2030.
- Physical assets include own land, building, manufacturing machinery and stocks.