Electrical Vehicles Businesses for Sale and Investment Opportunities in Maharashtra

- Business plans to start manufacturing e-cycles. - The business is currently in the pre-revenue stage and taking orders to start the manufacturing process. - Have a network of 40 suppliers for the raw material used for manufacturing. - Have also set up a distributor network all over India. - Have set up the workshop and will start manufacturing once the funds are received. - Have completed the prototype designs of a few models. - The product will be used by people in the community for business, food delivery, courier parcels, delivery, restaurant delivery, some self employers, grocery shopkeepers, and more. - The purpose is to make the e-cycle available to the general public for rent or free service rather than selling it.

- EV charging solutions provider, based in Pune. - We provide 3kW to 360kW of AC/DC - slow/fast EV chargers for all kinds of vehicles. - Have 1000+ customers who charged their EVs at our EVCS at different locations. - We have installed 200+ EV chargers throughout India at various locations like highways, hotels, airports, business parks, etc. - We receive orders for 50 to 100 units per quarter. The average value of each product ranges between INR 1 lakh to 25 lakhs. - Main parts are procured from China and assembling is done through a vendor in MP. - Currently, the business has 6 permanent employees and they are yet to hire more for HR and marketing roles. - The company has MCA, Udyam and GST registration.

- Company established for the development, manufacturing, and sale of 2-wheeler electric vehicles. - The company has done R&D for the last 2 years. - We have studied build quality, completed feasibility analysis, and market research. - We require funds to develop a prototype and obtain govt approval for the sale of batteries and 2-wheeler electric vehicles. - Product pricing shall be around INR 80,000. - The company has no bank loans. It has 2 directors with a 95% and 5% shareholding each. - The founder is a B. Tech Production Engineer, and also has an M. Tech in Project Management with 3 years of work experience. - Company-operated as a sole proprietorship for the past 2 years. We incorporated as a private limited entity this year.

- Successfully designed and developed 2 EVs within 24 months of inception; One of them is homologated and launched, and the other is to launch on Diwali. - 10+ unique attachments, including active hot box and cool keep attachment, designed and developed with the patent-pending mechanism of swappability under 30 seconds. - 15+ filed design and technology patents and trademarks. - 25+ National and global B2B clients: Projected order size of 65,000 units in the first year of production. - Winner of the National Start up Award in the Transport category; Runner-up of CleanTech Open’s Global Forum; Top finalist in the Altair Startup India challenge; - First crorepati of Shark Tank India- season 1. Order books of Rs 750 crores and Rs 150 crores are likely to be completed this year.

- Electric bicycle manufacturing company that sells e-bicycle along with DIY conversion kit. - We have sold products to more than 500 customers. - Have catered to individual users, personal commuters, and government clients. - We buy parts from 2-3 suppliers and outsource the manufacturing process to 1 manufacturer. - e-powertrain is our own design and proprietary product. - Currently in the process of developing a local solution for e-powertrain. - Soon our motor, controller, cluster and chargers, etc. products will be manufactured locally, in Maharashtra/ Pune reducing the complete dependency of the supply chain from imports. - Director of the company has worked at a senior level in KPIT and holds more than 25 years of experience which includes 10 years in the electrical automobile sector. - He is also the holder of more than 40 patents in the field of electric, hybrid vehicle technology, and alternate energy.

First of all, the founder has 40 years of rich experience in the automotive industry, and that too at senior levels such as CTO and vice president at passenger car OEMs. As a startup, we registered as engineering suppliers to Mercedes-Benz Research and Development India. Our current client is Greaves Cotton and previously, we offered advice and assisted Ola in setting up the full engineering department for their EV company. We have had consistent revenues of INR 1 to 1.3 crores per year as a single person, including the Covid phase, with a high EBITDA of more than 30 to 40%. Have a part-time team of 3 people who are not on payroll. We also have 2 senior consultants on a contract basis. We are now pivoting to product, we have filed for innovative patents and are eager to create the next EV Unicorn out of India. Our international patent application has been duly scrutinized and published by WIPO, Geneva in January this year. We have also filed National phase Patents in India and the US (more patents are in the pipeline). Revenue models to choose from: licensing the technology, using contract manufacturers, selling under our own brand name, and setting up our own manufacturing plant. The target market will be India and Europe. Being a bootstrapped company to date, we are all set to get large investments and enter the EV industry with path-breaking technology and high quality in order to provide unique benefits to customers and expand EV adoption and market share.