Newly Established Electrical Vehicles Company Investment Opportunity in Madurai, India

Electric Vehicle and charging infrastructure manufacturing company, having capacity to produce 4 vehicles per month.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 160 thousand
EBITDA Margin
31 %
Industries
Locations
Local Time
11:25 PM Tamil Nadu
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 660 thousand for 60.0% stake (Native Currency: INR 50,000,000)
Reason: To setup dealership network all over India and to increase production capacity.
Includes physical assets worth USD 130 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Newly incorporated EV manufacturing company based in Madurai.

- We have 2 EV models and 4 portable EV chargers for now.

- Facility can manufacture 4 vehicles on a monthly basis.

- Sold 3-5 products directly to customers.

- Each vehicle costs around INR 2-3 lakh.

- Promoter has more than 12 years of experience in this industry.

- Company owns production platform and machinery.

Products & Services Overview

Manufacturer of electric scooters, auto rickshaw and loading trucks.

Facilities Overview
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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