Electrical Vehicles Businesses for Sale and Investment Opportunities

- Newly established operational two wheeler electrical vehicle showroom in prime locality with very good prospect and good returns. - We are authorized dealers for 2-wheeler electric vehicles. - We promote and sell the leading brands such as Hero, Okinawa, Komaki and Odysse low and high speed vehicles with better margin. - Have around 4 vendors across India. - Average of 20-35 customers visit our showroom on a daily basis. - We sell 40-50 vehicles in a month. - Also provide vehicle servicing for our customers.

- A mobility company offering EV motorcycle managed services. - 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.

- Electric scooter brand with 20+ company-operated showrooms. - We manufacture 4 different scooter variants and have a total production capacity of 1,000 units per month. Our current capacity utilization is 30% since we are manufacturing to the demand. - We have 22 company-operated showrooms: 21 in Bangalore and 1 in Mysore. - Revenue model: Apart from regular bookings, we also have a Ride and Pay model, a Pay to Own model, and provide vehicle rentals. - Our reported sales for the previous financial year are low since we started operations only in Q4. - Company has 2 directors with an equal shareholding stake. - Business does not have any debts or liabilities.

Our company offers multiple electric vehicles under its brand name that fulfill a variety of needs & requirements of our customers. - We do not manufacture any parts of the EVs ourselves. The production is outsourced to 6 manufacturers in Bengaluru, Karnataka. Each manufacturer produces different parts of our electric vehicles. We purchase these parts and bring them back to our facility. - Once we have the parts, our in-house team of automobile experts assembles them into the electric vehicles. Currently, we are offering 4 different electric vehicles. Our company only performs the assembling & sells each EV under our own brand name. - About 85 percent of the company's total revenue is generated through the sales of our e-rickshaw & electric cargo carrying vehicles. We sell them through multiple channels. - We receive about 10 to 15 direct purchase orders every month for these two vehicles from independent clients in South India. These clients are typically business owners or individuals who wish to begin a source of livelihood by driving an e-rickshaw. - We also sell our e-rickshaw & e-cargo vehicles to Indian Army camps, Indian Airforce camps, NGOs, Gram Panchayats, and schools across South India. We sell about 30 to 40 electric vehicles to these clients every year. The frequency of purchase orders is not fixed. - The remaining 15 percent of the company's total revenue is generated by selling our golf carts & electric garbage collecting vehicles to institutions. These clients are typically hotels, resorts, old-age homes, and universities in South India who wish to purchase these vehicles for personal use. We receive bout 3 to 4 purchase orders for these vehicles every month. - Our production capacity stands at 100 vehicles every month. Currently, our scope of operations & clientele is based in South India only. The pictures on the profile show our vehicles being used by our customers. - The business is extremely valuable due to the goodwill we have generated in the industry over a short span of time and an enormous growth potential in the EV industry. The valuation is based on our own estimate.

- Start-up futuristic company with new technology for electric bicycles. - Bicycles will be manufactured under our brand name using proprietary technology. - Most of the machinery and equipment are in place and need capital to start the operations. - Production capacity is yet to be decided depending on the investment we receive. - Bicycles will have a 25-50 km of range. - Business has 5 promoters with almost equal ownership and no liabilities.

SVITCH Bike is a premium electric foldable bicycle brand based out of Ahmedabad, Gujarat, India with a product portfolio of 4 premium electric foldable bicycles. SVITCH Bike is an OEM which supplies its bikes worldwide. SVITCH Bike has 125+ dealership & distributorship touchpoints. Across pan-India with its experience showrooms in Ladakh, Ahmedabad, Bengaluru & in Hyderabad. SVITCH Bike is owned & endorsed by multiple leading celebrities, business owners & high net worth individuals. The business model of the company relies on the sale of bikes online, and the rotation of bikes to the consumer nationally & internationally in terms of B2C. In terms of B2B, the revenue generation takes place via dealer bike rotation on either company-generated lead, footfall by the customer, or direct booking.

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.

Electrical vehicle manufacturing and trading company with two brands. One for the sale of multi-brand EVs for the B2C segment. While the other is for the production and sale of electric 2-wheelers for commercial purposes. Highlights of our EVs: - Strong model with regulatory approvals. - Globally successful model vehicles. - Huge potential for institutional and last-mile delivery. - Monthly production capacity is 400 units. We have grown 10X in terms of turnover in the last 3 years and won Radio City's favorite brand award. Promoters have strong business acumen, Global exposure with local expertise, and more than 15 years of automotive experience. Apart from our team of 20 full-time employees, we have some part-time employees as well.

Varcas is one of the reputed electric bicycles, electric scooters manufacturing brand in Hyderabad. We offer the best electric vehicles with latest features and competitive pricing. Team Varcas comprises of professionals from USA & India who have extensive professional experience of 20+ years in IT, automobile and pharmaceutical industries. We work towards providing complete E-mobility solutions, for which the required infrastructure has been put in place with 2 assembly units in Hyderabad. Electric vehicles are the future so become a dealer and become a part of the future.

- Our products are designed with German technical collaboration, manufacturing fully electric 2 and 3-wheelers. - Prototypes of two models are ready for production. - We have outsourced the manufacturing of the parts but the final assembly of the vehicles will be at our facility. - On an annual basis we can manufacture 5,000 units. - Within a few years we aim to start a second manufacturing plant in Goa with an annual production capacity of 12,000 units. - Our products will be sold under our own brand name. - Customers will be able to order our product in three ways- - Directly through our website (not in the initial phases of production) - Through our dealership network (initially we will have a network of 32 dealers) - Through brand ambassadors (we will give INR 5,000 per order as a commission to the brand ambassadors) - Currently, the business has two Indian directors. - The third director will be from Germany and the legal documentation is still in progress. After the documentation they will have a 60% stake in the company and the two Indian directors will have a 40% stake. - Business does not have any outstanding loans. - We plan to start the manufacturing process by the first quarter of the next year. - We project an annual turnover of INR 48 crore with an EBITDA of 22% in the initial year. - Business is registered in Thane but located in Chakan.

Aiming to hit INR 120 crore of annual revenue in the next two years. Currently, we are an INR 31 crore annual turnover company. This is the right moment to scale up, and we need to do it fast. We are the exclusive distributors of an emerging electric vehicle brand for 2W electric vehicles and spares. We are distributors for both retail and wholesale customers. Our EV brand is one of the only competent and viable mid-level players in the 2W EV segment. Ather and Ola are in the premium segment and the removal of FAME subsidies has further increased their price points. Our brand and its products thus have a competitive advantage as they are patented, have good cash flow, and have all the necessary regulatory approvals. 80% of revenue comes from retail 2W EV sales and the rest is from the sale of spares. We get about 40-60 walk-in customers every day across our three showrooms in Chennai. All appointed dealers buy both vehicles and spares from us and they have a 45-day payment period. Our revenue per employee is at par with the industry standards. The high growth in revenue is due to the attractive price point of our models, especially, after Ather and Ola increased their prices. We invite others to join us and engage in an honest, transparent, and trustworthy relationship, with many more exciting ideas to be implemented in the future.

- We are a pre-revenue electric vehicle manufacturing business based in Bengaluru with our own brand of motorcycles to be launched. - Promoters have more than 15 years of experience in this industry and have spent the last 2 years on the R&D of this product. - We are designing, developing, and will manufacture electric 2W motorcycles for the Indian market. - Our product is a modular smart commuter that has unique features offered by no other companies. These include storage space and safety alerts that are in-built with advanced technology in the vehicles. - The batteries and chargers are portable making this model feasible to people living in apartments, having flexibility in charging the batteries from any floor. - Product will be launched in 9 months after acquiring the investment, through our studios and online channels. We will also be partnering with other top brands for repairs and maintenance. - To increase the overall sales we will franchise the business at the right time.