Newly Established Electrical Vehicles Company Investment Opportunity in Santa Barbara, United States

Startup company in the process of developing customized electric delivery trucks for fleet operators.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Local Time
4:02 AM United States
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 500 thousand for 10.0% stake (Native Currency: USD 500,000)
Reason: We need these funds to finalize the prototype and to prepare for serial production. We are intending... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Press Release
Press Release LOI
Pitch
Business Overview

- We are a startup developing a customized electric delivery trucks with team members based in the US, Europe, and Asia.

- We plan show the functional prototype on the ACT Expo in Long Beach in April and start assembly by Q4 2019.

- The founder and president of the company has over 30 years of experience in product development.

- Currently developing smart, light-duty (Class 3-5) commercial electric vehicles.

- Our approach allows customization of key infrastructure components which helps to develop completely customized trucks for large fleet operators.

We received an LOI for the purchase of the first 100 trucks from an LA fleet operator. Further developments are expected at the ACT Expo.

Products & Services Overview

Customized electrical trucks for the last mile, focused on customer needs.

Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more