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Electrical Vehicles Company Investment Opportunity in Bangkok, Thailand

Electric vehicle startup with an MoU to overhaul a taxi fleet of over 25,000 taxis.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles
Locations  Bangkok
Local Time 12:48 PM Asia / Bangkok
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 4 million for 20.0% stake (Native Currency: THB 150,000,000)
Reason: We invite an investor to provide seed funding in our electric vehicle startup with high growth poten... View More
Includes physical assets worth USD 550 thousand
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Business Overview

- We are the first start-up that produces and sells electric vehicles to our partners of taxi unions in Thailand.

- Company has developed one prototype vehicle.

- Have signed a memorandum of understanding (MOU) with China's National Automotive Design Institute to provide engineering control at an affordable price.

- Company has also signed an MOU with a Chinese company to build cost-effective electric vehicles.

- Company will import parts for the vehicles from China and assemble them in a facility in Thailand.

- 12 taxi unions in Thailand have signed an MOU and a memorandum of agreement with us for a fleet overhaul to electric vehicles.

- The 12 taxi unions have a combined fleet size of 25,000 taxis.

- Company will provide fleet charging solutions for taxis and establish a distribution center for spare parts, service, and training.

- Future expansion will entail the manufacture and selling of electric buses and motorcycles.

- Looking for an investor who can help with financial support.

Products & Services Overview

Electric cars, charging stations, distribution centers for spare parts, service, and training.

Assets Overview

Old factory with machinery, our new motor technology, our new Al-ion battery technology. Factory can be modified to be a warehouse for our new company.

This is an approximate valuation of our tangible and intangible assets.

Facilities Overview

We will establish an assembly facility/warehouse in Thailand along with 1 distribution center and 6 charging stations in the Bangkok area.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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