Eleco
INVESTMENT
PROPOSAL
Seed Round
Feb, 2021
Saudi/Egypt Market Demand
Based on a questionnaires that directed to the target
groups of young men and women (20 to 35 years old).
Smart/Compact Design.
Digital Features
Affordability
… Meets The Needs
Listening to the young ambitions
Design
by Themselves
Lots of integrated sensors
Rich digitized Dashboard & Mobile App
Starting from $15,000 selling price
… Current Situation
As
signed a partnership agreement with Indian factory
that specialized in converting the mechanical vehicles to fully
electric vehicles:
Designing phase
Building a strong supervisory board
Prototype preparation (…Why we need fund?)
… Current Situation
01
designing team
working currently to
develop one of most
02
competitive
advantages of Eleco …
Self car washing using
03
tinny embedded drone.
Prototype Preparation
SEDAN
CUV
Supervisory Board
dedicates a Stock Option Pool % to compensate the desired
talents with financial return that we cannot pay their market value
Akshay Aggarwal Ali Alshahrani
Building Prototype
Indian Compage
Factory
Software
Development
USA-Lucid
Dr. Mahmoud
Bahgat
Dr. Mohammed Anderson Luan
Abdelaziz
Hiten Patel
Drone Tech
Battery Backs
Marketing Advisor Head of Automotive
India-PrimeUAV
Developer
Founder-Legendary Engineering Dept.
Shanghai Hito TechUK
ASU
China
Saudi Market Volume &
Share
Despite the harsh conditions that most of the market sectors have been exposed to as a result of
the outbreak of the Covid-19 virus, car sales have rebounded significantly and with an increase
over the previous year 2019, driven by two factors, the first of which is tens of thousands of
women who have obtained driving licenses, and the second is the high demand of Saudi youth for
Working in delivery companies.
1
245,000
3
3% - 5%
18,000
5.5%
1,000
Saudi Market Volume &
Share
Egypt Market Volume &
Share
As Egyptian government issued decisions that would encourage merchants and consumers to
trade in Electric cars with a package of decisions, the most important of which is the abolition of
customs duties (0%) on imported electric cars, whether new or used. We at Eleco have an offer
from an electric car dealer in Egypt to purchase the entire production of Eleco cars for the first
year. This can show how much Eleco is promising.
Direct Sale
Car Renting / Car Sharing
Distribution Channels
Export
Competitive Advantages
Digitizing Touch
Design, games,
control, reports
Efficiency
Motor and Battery
Patents
Design
Save money
Interior / Exterior
impressive touch
30% less of similar
class
01
Unused surplus from electricity production
Profit returns from selling the surplus
electricity production
02
Environmental Health
Emit less greenhouse gases and air
pollutants over their life
03
Evs Charging Stations Licenses
Egypt and Saudi governments granted dozens
of licenses to build electric vehicle charging
stations, and it has become imperative to
regulate work on them and set charging rates
Eleco Competitive Advantages
Full Digital Processes
Customize, Test Drive,
Payment, Insurance,
Delivery, SLA,,,,,,,,,,,,,
Send Geft
Ordering it for himself or if it
is a gift for someone else to
share the customization
with him.
Select & Customize
Customizing each and
every part of the chosen
vehicle in a 3D racing game
Intelligent App/Dashboard
Using Eleco app for intelligent realtime cloud based vehicle parameters
& status monitoring (temperature,
battery charging level,,,,,,,, etc)
Auto Wash with Drone
Order car wash from
mobile app … Imbedded
drone will do the job
Augmented/Virtual Reality
Tech
Mobile camera scanning the
expected trouble item to show
repair suggestions.
COMPETITION
1
2
3
Infrastructure
Granting licenses to build dozens of
electric vehicle charging stations
Allowing EVs commercial import
Starting Jun 09, 2020. Commercial
import of EVs and its accessories
Lucid EV in Saudi
Saudi Public Investment Fund (SPIF)
invested one billion dollars in Lucid and will
move its factories to Saudi Arabia
Subsidize
As Eleco is the first of its kind in the
MEA region, we can obtain subsidize
from Monshaat and others
Investment Stages and Targets
01
02
03
… 20%
Purpose: Complete the two
prototypes
Forecast : ~
… 15-20%
Purpose: Build Eleco assembling
factory , producing 1248 EVs
Forecast : ~
… 15-20%
Purpose: 3744 EVs Production
SEED ROUND
Dec 2020 – Sep 2021
ROUND “A”
Oct 2021 – Dec 2022
ROUND “B”
Jan 2023 – Dec 2023
04
Forecast : ~
… 15-20%
Purpose: 6240 EVs Production
ROUND “C”
Jan 2024 – Dec 2024
Eleco
Needed fund to complete the two EVs Prototypes:
$315,000
Equity amount that potential co-founder will own:
20%
Eleco post-money valuation:
$1,575,000
Raised amount across past 10 months:
$450,000
Eleco Pre-money valuation:
$1,250,000
OPTION
POOL
Potential CoFounder(s) =
$315,000
1
SALAH2SHATA
Founder
SAAD GEBRIL
Cofounder
AKSHAY
AGGARWAL
Cofounder
Advisors
3
4%
4%
4%
4%
4%
4%
4%
4%
To inspire is to empower
Thank you
Salah Shata, LinkedIn Profile : https://www.linkedin.com/in/salah-shata-386a4a2b/