Upcoming Electric Vehicle Startup Looking for Investment in Delhi/ncr

Listing ID: SL004221
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

This startup is still under planning phase. They are aiming to build a two wheeler which will run on Electricity.They have already built a prototype. They are expected to price this lower than their competitors. This will be a quick charge EV with sleek design.

They have planned for a lean manufacturing processes for the production. The capacity of the plant would be nearly 4000 units per month.They have already done a lot of market research and have found more than 60% of market acceptability. Though their initial product is a lower range market entry one,they have already planned two advanced versions of the same with greater torque and longer battery life.

They are looking for a seed funding of INR 3Cr for further product development and other running expenses.

Reason

Further product development

Keywords

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Competent Core Team futuristic product Potential customers Scope of Expansion

₹10 to ₹200 Cr

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