Electric Vehicle Company Raising Funds In Hyderabad
Product / Service
Electric vehicle Trucks
EV Power-trains
EV Skateboard platform
EV Charging station
Clientele type
Logistics, Transportation, Ports, Cargo, and Automobile.
Premises
They have premises in India, USA, and UAE.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 100.00 Cr
Minimum ticket size
INR 25.00 Cr
Reason
They are raising funds to build micro factories and manufacturign plant for power trains and skateboard chasis for heavy trucks.
Other Details
Founders in USA, built over 500 explosion proof electric mining vehicles in China, electric buses, electric trucks, and electric refrigerated trucks.
Incorporated in 2015 – Made in North America for the world.
• Debt-free with $30 million total investments.
• Transforming from repower to end-to-end mobility.
• Vertically integrated commercial ZEV company offering scalable, smart vehicle platform for multiple industries.
• Customer-centric IP-driven venture for light, medium and heavy-duty commercial vehicles.
• Award-winning ZEV company leading the way in commercial EV decarbonization.
• Over 200 vehicles rely on our proven technology.
Co-Founder, Director & CEO:
• 12+ years of experience in the medium and heavy-duty electric vehicle industry for multiple MNCs.
• His mission is to create solutions for faster adoption of electric platforms.
Co-Founder, Director & CTO:
• 12+ years of automotive experience, which includes 9 years spent on development of Electric Vehicle & Battery Technology in multiple MNCs.
• His mission is to create the most advanced powertrain systems for sustainable transportation.
Co-Founder, Director & CFO
• 10+ years of experience in managing finances and acquisitions in automotive space with strong presence in startup ecosystem.
• She leads the company valuations, finances, audits, legal & accounting. Her mission is to empower & contribute to the financial ecosystem to achieve 100% sustainable transportation.
Investor Relations, Marketing & COO:
• 20+ years of project and business management experience across UAE &GCC Countries.
• He oversees investorrelations, strategy marketingand business development.
Chief Strategy Officer:
• Innovative business and technology strategist with 20 years experience as Founder/CEO of venture backed technology startups. Held roles in startup and Fortune 500 companies in product development, marketing, sales, operations, and general management.
• He is responsible for leading the development and executionof short-term, mid-term & long-term strategies.
Public & Customer Relations:
• Global zero emission transportation expert and market transformation strategist. He has over 45 years of experience that encompasses technology and market development, clean tech commercialization strategies, impactful marketing and environmental communications.
• He will be advising & educating the team on regulatory topics, strategy for customer acquisition, building relationships with government entities and securing public grants.
Electrified Vehicles delivered:
• 9-15ton Mining Vehicle - 200 Vehicles Medium Vol Prod
• 12mt Electric Prototype Bus - 1 for a Vehicle OEM in China
• 50HP Electric Tractor - 10 Pilot Vehicles
• Class 6 Electric Truck with built in dual plug V2V charging - 1 Pilot Vehicle
• Class 8 25ton Refrigerated Truck - 5 Pilot Vehicles
• Class 6 AAA Electric truck with integrated V2V charging - 2 Pilot Vehicles
• Prior to HBEV: UPS Class 5 & 6 Electric Truck - 110 Vehicles Small Vol Production & many more.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?