Profitable Electrical Vehicles Company Seeking Loan in Jakarta, Indonesia
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | USD 1.2 million |
EBITDA Margin | 34 % |
Industries | Electrical Vehicles |
Locations | Jakarta |
Local Time | 7:04 PM Europe / Warsaw |
Listed By | Business Owner / Director |
Status | Active |
- Operations started just 3 months back.
- We source fuel-based motorcycles from 60 brand dealers across Indonesia, convert to EVs in our assembling plant and are sold to clients.
- Targeted market is B2B and B2G.
- Currently, our market is only B2B and we have 3 industrial clients.
- Revenue is generated by offering subscription contracts, which is valid for 2 years and we supply vehicles on monthly basis.
- Sold over 2,000 vehicles since inception and planning to sell 3,000 by December 2023.
- There are 15 permanent employees and additionally, we have a 10 to 15 contract employees.
- Projecting an annual turnover of USD 800k and profit margins of >40% by next year.
Sold to B2B and B2G markets - industrial clients.
Currently there are 3 shareholders holding 50%, 40% and 10%.
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Earlier than 15 daysProject Manager, Engineering Consultancy, Jakarta, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Compliance, Corporate Investment, Bangkok, Corporate Investor / Buyer connected with the Business