Electrical Vehicles Company Seeking Loan in Reading, United Kingdom
| Established | 60-70 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Electrical Vehicles |
| Locations | Reading |
| Local Time | 3:40 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
More than six decades after its founding, the company that developed 'The First Indian Car’ and once built vehicles for Indian royalty, has revealed a new electric car progeny. The car will reflect the company’s legacy and is a culmination of dreams stitched together over three generations.
The target price for the entry-level LP model will be around USD 200,000 to be launched in 2027.
The manufacturing base will be in the United Kingdom.
The expected revenue in 2030 is USD 25 billion.
We are in discussions with the following UK partners for our initial development:
Williams Advanced Engineering (an off-shoot of Williams F1 Group), Frank Stephenson Design and Elevenci (one of the top auto consultancies). We are signing up with Munro, Deloitte and many others too.
The 65-year brand equity, the trademark, developed intellectual property, complete NPD plans, and representation of the First Indian Car via Trust.
We are currently working across India and UK.
The car will be built in UK for the global market across five regions.
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Earlier than 15 daysFounder, Surat, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, London, M&A Advisor connected with the Business
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Earlier than 15 daysIndependent Advisor, Delhi, Business Broker connected with the Business
