$3.0 M Expansion Capital – Smart Electric Producer

$3.0 M USD EXPANSION CAPITAL – FOR Smart Electric Vehicle Swiss Producer

Today´s terms of mobility – the automobile, as a status symbol, is old news.

According to recent studies, the car as a status symbol has served its time. Mostly the younger generation does not refer to the automobile as “the German´s favourite” anymore. It´s about getting from point A to point B and it better be as simple, affordable and emission-free as possible. Trends like Car Sharing, Car2Go and state-wide carpooling opportunities elucidate this progress even more.

One of the reasons for this trend is, according to studies, the growing urbanization. More people live in the bigger cities and need to travel across them to get to work, to go shopping or to do some leisure activities. Many metropolitan cities are being often brought to full traffic collapse. Some of them, for example Rome, Paris, Berlin or New York, are trying to find new ways to solve this problem by creating car-free zones in their downtown areas.

But even in smaller towns, where the number of motor vehicles is not that big, the drivers need patience and time to get through traffic. In rush hour the average speed drops drastically. In addition, the public transport is not always a good and convenient option. It is overcrowded, aerially and timewise not so flexible and sometimes much too expensive.

Looking at the requirements for such a vehicle mainly in the metropolitan areas, it becomes obvious that there is a missing concept for covering short and medium distances in a fast, ecological, economical and compact manner.

Our Smart Electric Vehicle helps to fill this Market Niche.

All our vehicles got the European and Swiss Type Approval, and we are working to get the approval as first vehicle with adaptive maximal speed limit legally approved.
Our mature technology will be the base of new narrow lane lightweight leaning vehicles.
The vehicles can be customized and are available in a wide variety of performance classes. There are over 4’200 vehicles already sold worldwide.

The new models from 2022 are successfully established on the market and now it is the moment for increase the sales worldwide.

Capital Requirement

$3 million USD for expansion of the company, development of new and expansion of existing markets, as well as for product optimisation and new patents are required.
The bottleneck in the past was always the finance of the production in time.
Because of this reason, it could only be produced in small batches, and often due late payments the goods had to be shipped by air and all the profit was wasted.

eDrive Concept exist for 10 Years, and more than 2 million CHF was invested in the product and patents. We could reach the positive carried forward profit in 2021.