AIN
Convert to Electric

Convert to Electric

location_on Midwest ,  United States

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Short Summary

Converting used vehicles to electric on an industrial scale is a cost effective solution in countries where the cost of gas is high. The selling price for a converted vehicle in "as new condition" would be less than 1/2 the price of a new vehicle.

Highlights

  • Conversion to electric is economically sound and the market is very large.
  • Low risk investment because practically all necessary machinery is in place
  • Plans are already under way to provide unique after sales customer care
  • Preliminary discussions under way to provide conversions to fleet operators
  • Local engineering and marketing talent at reasonable cost widely available

Overview

Target ZAR 18,000,000
Minimum ZAR 900,000
Investment Raised ZAR 0
Previous Rounds ZAR 0
Stage Pre-Startup/R&D
Investor Role Any

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