Profitable Electrical Vehicles Company Investment Opportunity in Dubai, United Arab Emirates
A tech focused EV manufacturer providing personal and commercial vehicles expanding operations regionally.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 720 thousand |
| Run Rate Sales | USD 4.9 million |
| EBITDA Margin | 40 % |
| Industries | Electrical Vehicles |
| Locations | Dubai |
| Local Time | 5:47 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.1 million
for
2.0%
stake
(Native Currency: AED 4,000,000)
Reason: Require bridge to Series A capital for stability, developing the mobile app to provide an inter-conn...
View More
Includes physical assets worth
USD
49 thousand
Interested to connect with advisors
Documents
Future of Mobility in GCC
(697.2 KB)
Micromobility Feasibility Study UAE
(9.0 MB)
Domain-Verification.pdf
(213.0 KB)
Trade License
(138.5 KB)
Business Overview
- We are an electric vehicle company.
- Have a company formed in the UAE, UK, India and Australia.
- Sales office in the UAE.
- Generating sales (small volumes) at the moment and expecting full-fledged wholesale distribution by Q2 2020.
- Active pipeline $305m in GCC and $147m in India.
- JV secured for R&D hub with RIT University Dubai.
- We are the only EEC, RTA, and ESMA certified EV company in UAE.
- Award winning products and designs.
- UAE dealership and showroom has been set up.
- Trademark secured and Product IP secured (modular).
- Sales forecast by 2023 is 100,000 units.
- Have progressed discussions with corporate entities such as Careem, Talabat, Zomato, Massar Solutions, Deliveroo, Delivery Hero, Freedom Pizza, and confirmed sales from Jumeirah Hospitality.
- Have a company formed in the UAE, UK, India and Australia.
- Sales office in the UAE.
- Generating sales (small volumes) at the moment and expecting full-fledged wholesale distribution by Q2 2020.
- Active pipeline $305m in GCC and $147m in India.
- JV secured for R&D hub with RIT University Dubai.
- We are the only EEC, RTA, and ESMA certified EV company in UAE.
- Award winning products and designs.
- UAE dealership and showroom has been set up.
- Trademark secured and Product IP secured (modular).
- Sales forecast by 2023 is 100,000 units.
- Have progressed discussions with corporate entities such as Careem, Talabat, Zomato, Massar Solutions, Deliveroo, Delivery Hero, Freedom Pizza, and confirmed sales from Jumeirah Hospitality.
Products & Services Overview
- B2B sales and leasing.- B2C sales.
- All EV mobile car charging.
- Private and commercial electric vehicles in both two and four wheeler variants.
- Mobile EV charging (all cars)
- Swappable battery banks for EVs.
Assets Overview
We own 10 electric scooters, 4 Byka, 3 Electa, 5 Ryda (Ebikes) and some film production equipment.
Facilities Overview
We have partnered with existing dealerships, to manage sales, leasing, after-sales and service contracts. We also have an office setup in London, UK and Dubai, UAE for distribution.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Auto Parts Manufacturer, Gurgaon, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Oil & Gas, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Manager, Banking, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Profitable Electrical Vehicles Company Investment Opportunity in Dubai, United Arab Emirates
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·Profitable Electrical Vehicles Company Investment Opportunity
·Investment Opportunity in Dubai, United Arab Emirates
·Invest in Profitable Electrical Vehicles Company
·Invest in Dubai, United Arab Emirates
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