Electric/Solar Commercial Pickup Truck Manufacturing Company Seeking $300M Investment

Electric/Solar Commercial Pickup Co

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Financial Details

Asking Price:
$300,000,000
Cash Flow / SDE:
$300,000,000
Profit Metric:
Investment Sought
Valuation Multiple:
1.0x
Location:
US
Source:
Date:
September 15, 2025

Key Highlights

Unique, world's only on-highway electric pickup truck designed for commercial use with significant operating cost savings ($0.02/mile vs $0.21/mile).
Strong market potential driven by government mandates (California and six other states pushing for electric trucks by 2024) and substantial pre-sales ($3.9B commercial pre-sales with a $68M first-year delivery schedule).
Well-positioned for growth with identified manufacturing plant, owned tooling, patents, validated supply chain, experienced management team, and clear exit strategies including an expected IPO in three years.

Description

This listing seeks a $300 million investment for an innovative Electric/Solar Commercial Pickup Truck company. The company has developed the world's first on-highway electric pickup truck specifically designed for commercial use by cities, counties, municipalities, and businesses. Key features include solar charging capability, programmable speed/acceleration, a range of 100 miles per charge, and significantly lower operating costs ($0.02 per mile compared to $0.21 for gas/diesel trucks). The company has identified a manufacturing plant in the USA, owns its tooling and patents, and has a validated supply chain. It boasts $3.9 billion in commercial pre-sales, with a confirmed delivery schedule of $68 million in the first year of production. The management team possesses over 20 years of auto manufacturing experience. The company is debt-free and expects an IPO in three years, offering multiple investor exit strategies. Production is estimated to commence within 7 months of funding, with $50 million sufficient to initiate production.

Industry Information

Industry Description:
Green Energy / Solar / Renewables
Classification:
Manufacturing

Real Estate & Lease

Status:
Not Specified

Listing Details

Listing ID:
d71fcda6-1b97-41b1-9d55-dd0cef0ae57a
Deal Status:
For Sale
Date Posted:
August 27, 2020
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

Tags & Categories
Electric Vehicles Commercial Trucks Manufacturing Green Energy Investment Opportunity