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