Eli Electric Vehicles (Convertible Notes)

Funding Details
Awarder
StartEngine
Date Award
August 30, 2022
Vertical
Electric Vehicles
Funding URL
View Funding Page
Premoney Valuation
$1,000,000
Valuation
$18,000,000

Company Info
Founding Year
2020
Traction
Ready for production and sales in Q4 2020. They have partnered with an established automotive manufacturer on production and a European distributor group, and have received interest from various entities.
Organizations Involved
None
Founders
Marcus Li, Allen Wang, Taj Ahmad-Eldridge
Company Description
Eli reimagines personal vehicles by creating advanced, efficient and affordable micro-EVs for daily short trips. Eli’s goal is to revolutionize urban trips, connect cities and communities in a new way that reduces congestion and pollution. They have designed an advanced micro-EV and are planning to begin production in Q4 2020, and begin sales in the US and EU.
Market
Urban Mobility
Location
Los Angeles, CA, US
Coinvestors
None

Links
Back to Home Back to Electric Vehicles Deals View Funding Announcement