GEM Vehicles

Anaheim, United States Founded: 1998 • Age: 28 yrs Acquired By Waev
Provider of automotive electrical vehicles
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About GEM Vehicles

GEM Vehicles is a company based in Anaheim (United States) founded in 1998 was acquired by Waev in January 2022.. GEM Vehicles offers products and services including e2, e4, e6, and eL XD Truck. GEM Vehicles operates in a competitive market with competitors including Ridepanda, Highland Electric Fleet, Electrada, Zeus Electric Chassis and CCE Golf Cars, among others.

  • Headquarter Anaheim, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gem 2 Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Waev

    (Jan 03, 2022)

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Products & Services of GEM Vehicles

GEM Vehicles offers a comprehensive portfolio of products and services, including e2, e4, e6, and eL XD Truck. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Compact electric vehicle for local trips with up to 113 miles range.

Versatile electric car for up to four passengers and 106 miles range.

Shuttle vehicle for up to six seats with up to 78 miles range.

Utility truck with 1,415 lbs payload and up to 78 miles range.

Funding Insights of GEM Vehicles

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GEM Vehicles

GEM Vehicles has secured backing from 1 investor. Prominent investors backing the company include Waev Inc.. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Waev Inc. is recognized as a low-speed electric vehicle manufacturer.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GEM Vehicles

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GEM Vehicles

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gem Vehicles Comparisons

Employees
+
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Competitors of GEM Vehicles

GEM Vehicles operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ridepanda, Highland Electric Fleet, Electrada, Zeus Electric Chassis and CCE Golf Cars, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multi-category electric vehicles are retailed online via quiz-based recommendations.
domain founded_year HQ Location
Dealership services for automotive electric vehicles are provided.
domain founded_year HQ Location
Automotive electric vehicles are manufactured by Electrada.
domain founded_year HQ Location
Automotive electric chassis are manufactured for vehicle applications.
domain founded_year HQ Location
Electric Club Car and GEM/Polaris vehicles are distributed.
domain founded_year HQ Location
Multi-category electric vehicles are retailed online by Vene Rides.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Gem Vehicles

Frequently Asked Questions about GEM Vehicles

When was GEM Vehicles founded?

GEM Vehicles was founded in 1998.

Where is GEM Vehicles located?

GEM Vehicles is headquartered in Anaheim, United States. It is registered at Anaheim, California, United States.

What does GEM Vehicles do?

GEM Vehicles was founded in 1998 and is based in Anaheim, United States. Electric vehicles are manufactured and distributed by the company within the automotive sector. Focus is placed on low-speed neighborhood electric vehicles designed for short-distance travel. Operations include production and sales through the domain gemcar.com, with emphasis on sustainable transport solutions in the US market. Services encompass vehicle assembly and customization for commercial and personal use.

Who are the top competitors of GEM Vehicles?

GEM Vehicles's top competitors include Highland Electric Fleet, Ridepanda and Electrada.

What products or services does GEM Vehicles offer?

GEM Vehicles offers e2, e4, e6, and eL XD Truck.

Who are GEM Vehicles's investors?

GEM Vehicles has 1 investor. Key investors include Waev Inc..

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