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Categories
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Technology, Sustainability, Financial Services, Transportation & Storage
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Min Investment
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$100
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Location
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College Park, MD
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$124.00K
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No. Investors
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17
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $4,741
- Revenue
- $0
- Short Term Debt
- $-288
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-22,888
Key Deal Facts
Repowering in-use vehicles to electric; cheaper, greener and faster to market than new.
Trucks and buses are the largest contributor to transportation CO2. EV trucks to be 42% of market by 2030
Green Collar Jobs: Industrial jobs with environmental and economic development impact.
EV trucks and buses have reduced fuel costs, lower maintenance costs and less specialized equipment needs
A Qualified Opportunity Zone Business
"Truck-as-a-service" business that eliminates the high upfront costs with a transition to electric
Stong government incentives to convert to EV trucks and buses
Management Team / Advisory Board Bios
Leonard O Mills Founder and CEOExperienced angel investor, entrepreneur, top-25 fund manager, over $1 Trillion in asset management experience.
Planning for Baltimore-Washington operations.
"We started this company because we could not find any other company like it."