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Looking for venture_capital

SLEEK EV

SLEEK EV is a pioneering company in the electric vehicle industry, dedicated to revolutionizing transportation with cutting-edge technology and sustainable solutions. Our mission, Mission Zero, focuses on creating innovative electric motorcycles and advanced powertrain technologies, alongside groundbreaking battery systems and energy infrastructure. Committed to sustainability, we lead the way in battery recycling and solar energy integration, striving for a greener future. Join us as we drive the future of electric mobility.

About

    Address

    บริษัท สลีค อีวี จำกัด 3A-3B ชั้น 1-2 อาคารที่ 3 เลขที่ 28 ถนนสุขุมวิท 22 แขวงคลองเตย เขตคลองเตย กรุงเทพมหานคร 10110

    Team size

    51-100

    Business Model Type

    b2b2c

    Founded Date

    Sep 01 2022

Details

    Operating Status

    Active

    Industries

    Legal Name

    SLEEK EV Co., Ltd

    Company Type

    Profit

    Business Model (Problem)

    In Southeast Asia, electric vehicles (EV) and clean tech products often come with a significant green premium, making them less accessible despite their long-term savings due to lower electricity costs. For EV motorcycles, this premium remains high, and the performance and price point are not yet competitive with traditional internal combustion engine (ICE) vehicles. Additionally, the infrastructure necessary to support widespread EV adoption is still underdeveloped, presenting further challenges for consumers. SLEEK EV aims to address these issues by offering high-performance, cost-effective electric motorcycles and advocating for better infrastructure to make sustainable transportation more accessible for everyone.

    Business Model (Solution)

    Our solution for the market addresses these challenges by developing our own powertrain technologies that deliver high performance and energy efficiency. We have partnered with global-level battery engineers to integrate advanced batteries with our powertrain, ensuring the warranty and lifespan of our electric motorcycles are competitive with ICE bikes. By focusing on production in Thailand and leveraging advanced production technologies, we can offer our products with minimal green premium, making our pricing competitive with ICE motorcycles. Additionally, our cutting-edge software enhances the consumer experience by providing features such as remote turning on and off, and remote vehicle diagnostics, ensuring safety and user-friendliness in every ride.

    Current Customer

    Our current customers are mass market users from middle to lower class who rely on motorcycles for their everyday commutes, and we are committed to making sustainable transportation accessible to them. Income Level 15,000-25,000thb.

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Funding Rounds

    Number of Funding Round

    5

    Total Funding Raised (USD)

    4.80 M

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    Announced Date

    Transaction Name

    Investor

    Money Raised

    5 Mar 2024
    bridge_round

    1.00 M

    6 Sep 2023
    bridge_round

    1.00 M

    6 May 2023
    bridge_round

    1.00 M

    6 May 2024
    bridge_round

    400.00 K

    30 Sep 2022
    pre-seed
    Angel Investors

    1.40 M

PEOPLE

Co-Founder, CEO

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