Electrical Vehicles Businesses for Sale and Investment

Electric mobility company manufacturing personal electric two-wheelers, with planned expansion into battery pack manufacturing and metal fabrication. - Designs and manufactures electric two-wheelers focused on ride quality, smooth performance, silent operation, and customer comfort. 60% in-house manufacturing. - Products are sold through a network of dealers and direct sales, primarily across South India. - Current production capacity is 2,000 electric two-wheelers per month in a single shift, with approximately 5% utilization, providing significant growth potential. - Has an established dealer network comprising four active dealers supporting product distribution. - Battery pack manufacturing unit is scheduled to commence operations with a planned production capacity of up to 50 battery packs per day. - Also plans to leverage its existing facility to launch a metal fabrication unit, creating additional revenue streams and supporting vertical integration. - Led by a promoter with prior experience at Tesla, bringing expertise in electric vehicle technology and product development. - Registered approximately 8 years ago, with commercial operations commencing this year, and is expected to achieve profitability by the end of the year. - Holds a CMVR license, enabling compliant manufacturing and sale of electric vehicles.

Developed an innovative three-wheeled electric scooter based on Universal Design Principles, focused on safety, stability, and accessibility. - Founded and led by a team with expertise in automotive engineering, supply chain management, marketing, finance, and mobility solutions. - Successfully completed product development, testing, and validation, with over ₹1 crore invested in product development and market validation. - Design patent granted for our distinctive design and innovation. - Incubated and supported by leading innovation ecosystems including National Institute of Design and NDBI. - Recipient of support and recognition from StartupTN. - Established relationships with industry stakeholders across manufacturing, financing, charging infrastructure, and fleet mobility sectors. - Engaging with potential strategic partners in fleet operations, EV financing, and charging infrastructure to accelerate market adoption. - Positioned to address a large underserved mobility segment through a differentiated, safety-focused electric vehicle platform.

• Electric vehicle manufacturing company that previously manufactured passenger e-rickshaws, cargo e-rickshaw loaders, and electric two-wheelers in India. • The business ceased operations a couple of months ago and is seeking investment to restart manufacturing and commercial operations. • Manufactured passenger e-rickshaws, e-rickshaw loaders with different load capacities, and electric two-wheelers for the growing electric mobility market. • Sold approximately 100 electric vehicles with strong profit margins, primarily across southern Indian states before operations were suspended. • Operated in the rapidly growing electric vehicle and clean energy sector, supported by favorable government policies promoting EV adoption. • Holds all key manufacturing approvals, including WMI (World Manufacturer Identifier) and ICAT certification for vehicle manufacturing. • Has obtained state transport registration approvals for its electric vehicles in Tamil Nadu, Andhra Pradesh, Telangana, Chhattisgarh, and Maharashtra, enabling commercial sales in these markets. • Well positioned to resume operations and capitalize on increasing demand for electric mobility solutions through its existing approvals, manufacturing capabilities, and established product portfolio.

• Electric vehicle manufacturing company that previously manufactured passenger e-rickshaws, cargo e-rickshaw loaders, and electric two-wheelers in India. • The business ceased operations a couple of months ago and is seeking investment to restart manufacturing and commercial operations. • Manufactured passenger e-rickshaws, e-rickshaw loaders with different load capacities, and electric two-wheelers for the growing electric mobility market. • Sold approximately 100 electric vehicles with strong profit margins, primarily across southern Indian states before operations were suspended. • Operated in the rapidly growing electric vehicle and clean energy sector, supported by favorable government policies promoting EV adoption. • Holds all key manufacturing approvals, including WMI (World Manufacturer Identifier) and ICAT certification for vehicle manufacturing. • Has obtained state transport registration approvals for its electric vehicles in Tamil Nadu, Andhra Pradesh, Telangana, Chhattisgarh, and Maharashtra, enabling commercial sales in these markets. • Well positioned to resume operations and capitalize on increasing demand for electric mobility solutions through its existing approvals, manufacturing capabilities, and established product portfolio.

• Electric mobility and fleet management company operating across Kenya, Rwanda, Burundi, and the Democratic Republic of Congo. • Provides electric bikes and electric trucks through direct sales and financing-partner-supported acquisition models. • Offers subscription-based fleet management solutions including analytics, maintenance support, vehicle monitoring, and uptime guarantees. • Generates revenue through vehicle sales, fleet management subscriptions, logistics and delivery services, training programs, battery services, spare parts sales, and digital merchant integration. • Delivers logistics and last-mile delivery solutions for SMEs, merchants, and commercial platforms across underserved markets. • Provides professional rider, technician, and vendor training programs to improve safety, service quality, and operational efficiency. • Operates an integrated ecosystem combining electric vehicles, fleet technology, maintenance, training, financing access, and merchant onboarding. • Supports battery swapping, charging services, accessories, and spare parts distribution to improve vehicle uptime and affordability. • Offers WhatsApp-enabled digital storefront integration, allowing merchants and vendors to access delivery and mobility services more efficiently. • Addresses a large market opportunity driven by millions of informal vendors lacking reliable and affordable delivery infrastructure and widespread shortages of professionally trained riders. The business is currently focused on product development and has seen a drop in its sales. • Utilizes an asset-light growth strategy supported by off-balance-sheet financing partnerships, enabling rapid fleet deployment while minimizing capital-intensive ownership risks. • Benefits from IoT-enabled fleet management capabilities, creating operational visibility and performance tracking across deployed vehicles. • Positioned at the intersection of electric mobility, logistics, financial inclusion, and workforce development. • Business model aligns with sustainability, youth employment, women empowerment, climate-positive transportation, and SME growth initiatives. • Differentiates itself through a full-service ecosystem approach rather than focusing solely on vehicle manufacturing or distribution. The business holds a certificate of incorporation.

Operates an electric vehicle business focused on assembly of fully electric three-wheelers. - Offers multiple vehicle variants including passenger carriers, loaders, and delivery vans. - Currently at pre-revenue stage with inventory ready for sale but no active marketing initiated. - Follows an asset-light model with manufacturing outsourced and in-house assembly operations. - Positioned in the growing electric mobility segment with potential for scale through distribution and sales activation. - Business operations currently limited to assembly and product readiness. - Registered with the Ministry of Corporate Affairs (MCA), ensuring legal compliance.

E Roots Enterprises is a trusted and fast-growing vehicle spare parts and service centre specialising in all types of electric bikes and e-rickshaws. With successful operations in Namakkal and Salem, we have built a strong reputation over the past 5 years for quality service, genuine spare parts, and technical expertise in the rapidly expanding EV segment. Backed by hands-on industry experience and a deep understanding of electric vehicle maintenance, we provide end-to-end solutions including diagnostics, repairs, spare parts supply, and technical support. Now, as the EV market continues to grow significantly across India, we are expanding our footprint by offering franchise opportunities to aspiring entrepreneurs who are looking for the right guidance, proven systems, and technical support to enter the electric vehicle industry with confidence. We hold MSME certification, ensuring compliance, credibility, and operational stability. Join us in building a strong EV service network and capitalise on the rapidly growing electric mobility revolution.

Core Business: Design, development, and manufacturing of EV charging components, including EV sockets, charging cables, plug connectors, and EV chargers. - Clients & Market Reach: Serves a growing base of EV manufacturers, EVSE companies, automobile dealers, automotive R&D firms, and EV infrastructure providers across India. - Revenue Model: B2B-focused revenue through manufacturing and supply of EV components, customized solutions for OEMs and infrastructure projects, and long-term supply partnerships, and an active client base of 300+. - Promoter Experience: Bringing over a decade of experience in technology-driven manufacturing, engineering solutions, and industrial operations. - Business Relationships: Strong associations with EV manufacturers, charging infrastructure developers, system integrators, and automotive ecosystem partners, enabling end-to-end EV charging solutions. - Quality & Compliance: Emphasis on quality, safety, regulatory compliance, and reliability. Products are ARAI certified. - Innovation & Vision: Focused on future-proof, cost-effective EV solutions, continuous product development, and knowledge-driven innovation for the automotive industry. - Production capacity & utilization: As the company has in-house manufacturing, the production capacity is 100 EV chargers per day, with a current utilization rate of approximately 25%. - Awards & Recognition: Promoter group has received multiple industry recognitions and business excellence awards, reflecting credibility, leadership, and consistent performance.

The company is an EV charging infrastructure development firm. - We commenced operations this year and therefore do not have prior-year revenue to report. - The company currently operates two EV charging outlets and has more than five additional projects under development. - Our revenue model is diversified. - First, we earn revenue directly from our owned charging outlets when vehicles charge at our stations. - Second, we execute EV charging station development projects where partners provide the land and financing, and we charge based on the project requirements. - Third, when partners provide only the land, we facilitate financing and operate the stations under a revenue-sharing model. - Our EV charging stations support capacities starting from 30 kW and can scale up to 1 megawatt, depending on project requirements. - Under revenue-sharing arrangements, we charge ₹1.5 per kWh. - The revenue figures provided are projected for the current financial year once the 5+ projects under development are operational. - The company develops both EV charging hardware and software. - We are also building our own OCPP-based application for charger management and operations. - The company has three permanent employees who manage marketing and day-to-day operations. The charging stations are fully automated and do not require on-site staff. - The company is registered as a private limited entity and holds GST and MSME registrations.

Located in Bengaluru, this business specializes in manufacturing fully electric three-wheel vehicles, catering to the growing demand in the electric vehicles (EV) sector. - The company offers a diverse range of products, including 6 models across two categories: L3 (e-rickshaw and e-kart) and L5 (L5m and L5n models), providing various options for consumers and businesses. - Each model is designed and developed in-house, ensuring high-quality battery packs, powertrains, and mechanical components meet the latest automotive standards. - With a production capacity exceeding 300 units per month, the business is well-positioned to scale in a rapidly growing market. - The company has experienced impressive growth, with turnover increasing 3.5X in its first year and projected to reach 6X in the current year, indicating strong market demand and operational efficiency. - Revenue is generated primarily through strategic partnerships with dealers, expanding market reach and enhancing customer accessibility. - Business is MCA registered with GST certificate.