Funding Details
- Awarder
- StartEngine
- Date Award
- September 29, 2023
- Vertical
- Electric Vehicles
- Funding URL
- View Funding Page
- Premoney Valuation
-
$57,710,000
- Valuation
-
$57,710,000
Company Info
- Founding Year
- 2022
- Traction
- Eli’s team is made of designers, engineers and supply chain professionals with know-how and experience building golf carts and EVs. They have developed special structure, techniques, supply chain partnerships, and material know-hows tailored for micro-EV products. Eli has already partnered with two established OEM manufacturers with a combined capacity of over 15,000 units per year.
- Revenue Amount
-
$1,222,756,000,000
- Organizations Involved
- None
- Founders
- Marcus Li, Cody Dumont, Karen Wang
- Company Description
- Supported by over 2,600 investors, Eli Electric has successfully developed a category-defining EV that is efficient, affordable, and purposefully designed for modern-day needs. Starting from 2022, we’re ramping up small-batch production to meet surging market demand in Europe, and to prepare 2023 pilot sales in the US. Join us as an investor as we build more micro EVs, and become the change in personal mobility.
- Market
- Urban Mobility
- Location
-
Los Angeles,
CA,
US
- Coinvestors
- None
Links