Electrical Vehicles Company Investment Opportunity in New Delhi, India
|Run Rate Sales||USD 570 thousand|
|EBITDA Margin||20 - 30 %|
|Local Time||12:24 AM New Delhi|
|Listed By||Business Owner / Director|
- Manufacturer of Commercial Electric Three Wheeler, E-rickshaws and E-carts.
- Have our manufacturing unit in Delhi.
- We are also OEM manufacturing partner for a reputed automotive company with an exclusive arrangement.
- Approved by ICAT and sold more than 2,500 units till date.
- Promoters and the core team comprises of automotive experts who have worked with Honda Japan, Volvo-Eicher, Suzuki and Faros Simulations.
- Have 4 company owned showrooms apart from dealer network.
- The India electric three-wheeler market is predicted to grow at 45.2% CAGR between 2018 and 2024 in terms of fleet size.
- Government has recently announced to remove the registration tax from electric vehicles in order to form an alternative transport system to curb vehicular emissions.
- Looking for investment to enhance the operations and to develop a fully functional prototype of VP2 (Vehicle) and hire experienced and skilled individuals for handling the respective departments.
Commercial Electric Vehicle, E-rickshaw, E-cart, Mechanical design services, Utility Three wheeler, Electric 3-Wheeler.
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with this business
Earlier than 15 daysMD, Delhi, Financial Advisor connected with this business
Earlier than 15 daysDirector, Automobile, Delhi, Corporate Investor / Buyer connected with this business