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Small Electrical Vehicles Company for Sale in Kuala Selangor, Malaysia

EV motorcycle company with VTA and JPJ approved vehicles to go on the road.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 63 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin Nil
Industries Electrical Vehicles
Locations  Kuala Selangor
Local Time 1:08 AM Asia / Kuala Lumpur
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 95 thousand (Native Currency: MYR 450,000)
Reason: Unable to get funding to continue the business.
Includes physical assets worth USD 95 thousand
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Business Name
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Business Overview

JPJ and VTA-approved EV vehicles to go on the road powered by lithium batteries.

We own 400 units of motorcycles.

Range of the vehicle is 70 Km in a single charge.

New owner can continue with the same brand name.

Distribution network and details will be given.

Legal name of the company is not part of the sale.

We are focussing on another business so the sales have reduced.

We have reduced selling vehicles but have enough staff to run the business at full capacity. Buyer will also get all the staff.

Products & Services Overview

We specialize in assembly and distribution of EV motorcycles and vehicles in Malaysia.

Assets Overview

Production line and stocks for 400 units of motorcycles.

Facilities Overview

Factory size is 10,000 sq ft and it is rented. New buyer can continue in the same facility.

Capitalization Overview

Business has 4 shareholders.

Company does not have any liabilities.

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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