Portable electric car charger, magnetic, charge your electric car while you driving, It can save life in emergency situation, provide power to reach destination, provide power in cold weather conditions, increase electric car mileage
Current Status
I sold 1 device to Tesla car owner
Market
All electric vehicles owners , for the last 3 years 33 million electric cars was sold, that mean I have 33 millions customer or I can do 411 daily sales
Problem or Opportunity
Problem is spending time on charging your car at charging stations and also spending time on road
Solution (product or service)
Decided to create portable electric car charger, you can put inside your car and charge while you driving, plus cloud management
Competitors
Echoflow,Zipcharge,Anker,Electron,SparkCharge,Cummins,Kempower,Zendure
(they all energy storage devices work from lithium ion battery) , yquantum is energy producing device
Advantages or differentiators
Circuit, 3d modeling , code api and this device is producing energy not storing like all companies which exist now
Finance
● When will you break even?
Calculation part and explanation:
Let’s suppose I have 1 million now. We are going to calculate everything here.
$1000.000(amount I have) / ($300(device cost) - $90 (30% expenses)) = 4767.9 = Float(4767.9) = 4768 (devices I will sell to reach 1000000)
Now we are going to get numbers from the lowest year 2020 of electric vehicle sales. 3 million electric cars were sold in 2020 total.
We are going to calculate how many vehicles are selling every day. 3000000(vehicles) / 365(days) = 8220 vehicles were sold every day.
Let’s take 5% from this daily sale. 8220 * 5% = 411 vehicles equal 5%;
now we can calculate the minimum of electric car chargers sales per day: 411(vehicles) * $300(cost) - $90 (30% expenses) = 411 * 210 = $86310 daily profit.
Now we are going to determine how many days we need to return funds:
1000000 / 86310 = 11.5 => 12 days. but we will add 1.5 years to grow our sales and build a production and make improvements because it will take little time.
365(days 1 year) + 183(6 month) + 12 = 560 days to return funding. Total roughly it will be 1.5 years. It was a rough calculation and I added 548 days (just in case to make production and sales). Also A month will take to organize production and the company factory to produce 411 devices daily.
● How will investors be repaid?
if 5000000 = 5% => 5000000 / 5 => 1000000 = 1%;
Percent of the company will be shares. Every month after 1.5 years the investor will get payments from company depends of how much he invested by percentage of shares.
Hope, dream, actions, trust, transparent and honesty will grow this technology company.
Business model
I uploaded business pitch inside I have picture , I will create small manufacturing of portable electric car charger, also will create sales through website and Amazon, Walmart and others resources, this business is scalable for aerospace, robotics and home
Money will be spent on
organize mini factory and sales
Offer for investor
If you invest you will become reach, I have product and plan to grow it
With my calculations above I have stable returns and profit
Incubation/Acceleration programs accomplishment
I was accepted by startup grind, I am often participating in idea to ipo groups in meetup and I visited RSA conference where I met met new people’s and And hacker dogo from Santa Clara and I still constantly learning and visiting and developing startup and small production