Electrical Vehicles Company Investment Opportunity in Bangalore, India

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.