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Electrical Vehicles Company Investment Opportunity in North Rhine-Westphalia, Germany

Ultra low-floor software defined EV platform built for RVs, up-fitters, shuttle buses, and last mile.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles + 1 more
Locations  California + 1 more
Local Time 12:30 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 975 thousand for 10.0% stake (Native Currency: USD 975,000)
Reason: Seize the current moment as a prime investment opportunity. We're seeking a swift cash bridge from a... View More
Includes physical assets worth USD 2 million
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Business Overview

Our journey began with unveiling a functional prototype at the ACT Expo in Long Beach three years ago. Since then, we've progressed to showcasing a fully functional Beta Version last year. Currently, we're focused on refining our Gamma Design, validation, and homologation processes.

Our team boasts extensive experience in business development, automotive engineering, and sales. Our innovative approach involves customizable infrastructure components. Notably, we secured a purchase order for 500 trucks from a prominent LA fleet operator.

Collaboration is key to our success, evident in our partnerships with renowned automotive supply chain leaders, like Bosch and others. . Furthermore, we're on the cusp of finalizing a collaboration with a European RV manufacturer, providing us with investment and a larger purchase agreement.

Products & Services Overview

Revolutionizing the rapidly expanding market with a customer-centric electric platform, with game-changing innovations, serving multiple niche markets. Our modular approach ensures swift development while substantially reducing costs.

Assets Overview

Full functional proof of concept, full functional beta prototype.

Facilities Overview

Nestled in Santa Barbara, our main office thrives. Across the Atlantic, our European facility resides in Geilenkirchen, Germany. Our journey commenced with incorporation in the US five years ago.

Capitalization Overview

Up until now, our business has been supported by its founder, along with smaller investors and a successful crowdfunding campaign. Notably, the primary founder retains a substantial majority stake of over 60% in the company.

Recent Activity
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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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