Argentina: Design, Development, Production and Sale of Electric Vehicles and Technology for Electric Mobility

Created on: 22 Jul 2015 Last updated: 27 Apr 2017
Project Location
Argentina
Paraná, Entre Ríos, Argentina
Primary Industry
Manufacturing
Investment Amount
$0 to $10 Million
Investment Type
Equity Investment

Project Description

The project owner seeks investments and strategic partners to launch its products in the main markets worldwide and become a reference company in terms of electric mobility and high-performance motorcycles. During the first five years of the company’s commercialization development, the company expects to sell 10,000 units with a turnover of over US$ 100 million. The ongoing demand for electric vehicles in developed countries and the fact that an important share of the market is left unattended by the largest companies, open the door to new companies and their cutting-edge technology in a market of over U$S100 trillion per year. Motorcycles will be sold on the Internet and in exclusive stores. These motorcycles are profitable in themselves and are completely customized thanks to the modular design of Voltu products. The INITIO system will be sold to other factories that wish to use it in electric vehicles, hybrids or industrial machines.

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