Newly Established Electrical Vehicles Company Equity Stake For Sale in Sulur, India

- Electric mobility company manufacturing personal electric two-wheelers, with planned expansion into battery pack manufacturing and metal fabrication.
- Designs and manufactures electric two-wheelers focused on ride quality, smooth performance, silent operation, and customer comfort. 60% in-house manufacturing.
- Products are sold through a network of dealers and direct sales, primarily across South India.
- Current production capacity is 2,000 electric two-wheelers per month in a single shift, with approximately 5% utilization, providing significant growth potential.
- Has an established dealer network comprising four active dealers supporting product distribution.
- Battery pack manufacturing unit is scheduled to commence operations with a planned production capacity of up to 50 battery packs per day.
- Also plans to leverage its existing facility to launch a metal fabrication unit, creating additional revenue streams and supporting vertical integration.
- Led by a promoter with prior experience at Tesla, bringing expertise in electric vehicle technology and product development.
- Registered approximately 8 years ago, with commercial operations commencing this year, and is expected to achieve profitability by the end of the year.
- Holds a CMVR license, enabling compliant manufacturing and sale of electric vehicles.