Electrical Vehicle Business Investment Opportunities in Vapi

Located in Vapi, this electric vehicle manufacturer has been operational for 7 years, focusing on electric scooters and bikes tailored for students and commuters. - The company specializes in both non-RTO and RTO electric scooters, addressing the needs of office commuters and families. - Aiming to boost production capability to 30,000 electric vehicles annually, with future plans to achieve a valuation of INR 600 crore and secure central government approvals. - Current production of electric vehicles stands at 50 units per month with a maximum capacity of 200-400 units, constrained due to funding shortages. - Parts for the electric scooters are imported from China, underscoring the potential for cost optimization and supply chain improvements. - Despite a recent slump in sales due to cash constraints, the company is poised for growth upon securing additional investments. - Holds necessary MSME and GST certifications, facilitating smooth operational and fiscal compliance. - The business is strategically positioned to tap into the burgeoning electric scooter market in India, focusing on eco-friendly transportation solutions. - The company is registered in Udwada, Gujarat.

Located in Vapi, this electric vehicle manufacturer has been operational for 7 years, focusing on electric scooters and bikes tailored for students and commuters. - The company specializes in both non-RTO and RTO electric scooters, addressing the needs of office commuters and families. - Aiming to boost production capability to 30,000 electric vehicles annually, with future plans to achieve a valuation of INR 600 crore and secure central government approvals. - Current production of electric vehicles stands at 50 units per month with a maximum capacity of 200-400 units, constrained due to funding shortages. - Parts for the electric scooters are imported from China, underscoring the potential for cost optimization and supply chain improvements. - Despite a recent slump in sales due to cash constraints, the company is poised for growth upon securing additional investments. - Holds necessary MSME and GST certifications, facilitating smooth operational and fiscal compliance. - The business is strategically positioned to tap into the burgeoning electric scooter market in India, focusing on eco-friendly transportation solutions. - The company is registered in Udwada, Gujarat.