About Power Electric Vehicle
Power Electric Vehicle was a Transportation, Automotive & Logistics company based in Roorkee (India) founded in 2010. It manufactures and supplies electric rickshaws for sustainable urban mobility. It operates on a B2B model. Its Indian entity Epower Vehicles Private Limited reported revenue of ₹37.6 Lakh. The company is recorded as dissolved. Its focus areas include Transportation, Electric Vehicles, Manufacturing and Rickshaw Production. Its competitors include TI Clean Mobility, 3evi and ETO Motors; 3 of its 3 listed competitors have raised funding.
Company details
Power Electric Vehicle operates with a B2B model, focusing on providing transportation services, developing electric vehicles, producing manufactured goods, and rickshaw production. Manufactures and supplies electric rickshaws for sustainable urban mobility. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Roorkee, India
- SectorsTransportation, Automotive & Logistics
- Website powerev.in
- Social Facebook
- Legal Name Epower Vehicles Private Limited
- Date of Incorporation 09 Jun, 2015
- Jurisdiction Roorkee, Uttarakhand, India
- Annual Revenue₹37.6 Lakh
FY 2024 · -57% YoY
- Net Profit₹32,331
FY 2024 · 1% margin
- EBITDA₹1.4 Lakh
FY 2024 · 4% margin
Associated legal entities of Power Electric Vehicle
Power Electric Vehicle operates through Epower Vehicles Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Epower Vehicles Private Limited CIN U34100UR2015PTC001547 | Active | 09 Jun 2015 | Roorkee, Uttarakhand | ₹0.4 Cr | 2 | View details |
Board of directors of Epower Vehicles Private Limited (Power Electric Vehicle)
Epower Vehicles Private Limited is the primary company behind Power Electric Vehicle. The board of Epower Vehicles Private Limited currently have 2 directors; the longest-serving is Amit Pundir, appointed in 2024. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Pundir DIN 10370581 | Additional Director | 23 Jan 2024 | 2 yrs 9 mo | Epower Vehicles Private Limited |
| Mamta Pundir DIN 10449582 | Additional Director | 23 Mar 2024 | 2 yrs 7 mo | Epower Vehicles Private Limited |
Financials of Power Electric Vehicle
Figures of Epower Vehicles Private Limited, the primary company behind Power Electric Vehicle, for FY 2024. Revenue was ₹37.6 Lakh (-57% year on year). Net profit was ₹32,331 (1% margin). EBITDA was ₹1.4 Lakh (4% margin). Revenue has grown at a compounded annual rate of -8% over three years and -30% over five years.
- ₹37.6 LakhRevenue · FY 2024 · -57% YoY
- ₹32,331Net profit · 1% margin
- ₹1.4 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
- -30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Epower Vehicles Private Limited are on its company page.
Detailed financial statements for Power Electric Vehicle
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- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of Power Electric Vehicle
Power Electric Vehicle has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, 3evi and ETO Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | ||
| 3evi.com | 2019 | Bengaluru, India | $24.64M | 250 | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | |
| etomotors.com | 2018 | Hyderabad, India | $15.2M | 109 | Online platform offering electric vehicles and fleet management solutions |
Detailed competitors of Power Electric Vehicle
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- Full competitor set
- Operating metrics
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Power Electric Vehicle (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Frequently Asked Questions about Power Electric Vehicle
Power Electric Vehicle was founded in 2010.
Power Electric Vehicle is headquartered in Roorkee, India. It is registered at Roorkee, Uttarakhand, India.
The primary company behind Power Electric Vehicle, Epower Vehicles Private Limited, reported revenue of ₹37.6 Lakh for FY 2024, down 57% year on year.
Power Electric Vehicle operates with a B2B model, focusing on providing transportation services, developing electric vehicles, producing manufactured goods, and rickshaw production. Manufactures and supplies electric rickshaws for sustainable urban mobility. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Power Electric Vehicle's top competitors include ETO Motors, TI Clean Mobility and 3evi.
Power Electric Vehicle operates through Epower Vehicles Private Limited.
The legal entities of Power Electric Vehicle currently have 2 directors, including Amit Pundir, Mamta Pundir.