AIN
Convert to Electric

Convert to Electric

location_on Midwest ,  United States

The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Investors should carry out their own due diligence and take professional advice where necessary.

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 £750,000
Minimum £40,000
Investment Raised £0
Previous Rounds £0
Stage Pre-Startup/R&D
Investor Role Any

Ask a question
Got a question about this project?

Similar Projects

This promotion is exempt from the general restriction in section 21 of the Financial Services and Markets Act 2000 on the communication of invitations or inducements to engage in investment activity on the grounds it is made exclusively to ‘investment professionals’ within the meaning of Article 19 of the Financial Services and Markets Act (Financial Promotion) Order 2005 (FinProm); persons believed on reasonable grounds to be ‘certified high net worth individuals’ within the meaning of Article 48 FinProm; persons who are ‘certified sophisticated investors’ within the meaning of Article 50 FinProm; and persons who are ‘self-certified sophisticated investors’ within the meaning of Article 50A FinProm.

If you are in any doubt about the investment to which this email relates, you are strongly recommended to consult an appropriately authorised financial adviser qualified to give advice in relation to investment. This investment opportunity will not necessarily be suitable for all recipients of this email. Applications to subscribe for shares will only be accepted at the company's discretion from persons eligible to invest.