Photo - F U R Y - Electric Mobiles
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F U R Y - Electric Mobiles

FURY - HORIZON

India
Market: Other
Stage of the project: Idea or something is already done

Date of last change: 17.10.2017
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Idea

Hi. My name is Jeet and I'm a Car designer. For 2 years I have been working on The project of My Electric Car. It is an Commerical Vehicle build to give the utmost Performance possible. I have personally designed every single thing in it. The Range has been improved and car can go up to 300kms on full charge. With the top speed of around 250kmph. And much more.

Current Status

We have the Prototype Blueprints. With the Plan to build it. It's not an idea anymore. It is a project one step before reality.

Market

In today's market, where all the Automobile Company is moving towards Electric, we do have competition. But they are manufacturing the low budget small range cars, where as we are giving full range day to day usable car.

Problem or Opportunity

It's a Big opportunity for the Investor. With the investment of 55 lakhs, the Investor will get around 2.2crs. The tenure is of 1.6years. In today's market, no one will give you 2.2 crs on the Investment of 55lakhs.

Solution (product or service)

We Tend to Manufacturer the ultimate vehicle. With​ The best saftey and Best driving experience. We also focus on the budget, to give the customer the best buying Option available.

Competitors

Yes, we do have competitors, but we are here to give the customers the best of everything, not to look after the competitors.

Advantages or differentiators

As we have different designs and technology, there are very less chances of getting copied.

Finance

As we have lot of connection with suppliers, we can get the materials on low cost, and we will sell our cars at the lowest price possible.

Business model

We have a simple plan that can be used to Stabilize the business. We will be using the Money that we will get on selling a Car. We will sell the model till we reach the marked Point. And when we are in a full profit we will use the Money and Do our business.

Money will be spent on

All the money will be spent on making the prototype of the Car. We will use the best plan to accomplish the task as fast as possible and in the best way possible.

Offer for investor

We are ready to give 2.2 crores. The Investment is about 55 lakhs and in return you will be getting 2.2crores. that is very high amount return on 55lakhs.

Risks

There are very less chances of risks. We have a stable plan. A one of a kind Car. So we don't see any type of Risk in it.

Incubation/Acceleration programs accomplishment

No, we have not even applied for an incubation program as we know what we are supposed to do. We might be new but every human is different and can accomplish anything.

Won the competition and other awards

No, we have not taken any part in a competition.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation