Photo - ERPE-1V
22374

ERPE-1V

India
Market: Auto Maintenance, Mechanical engineering, Transport
Stage of the project: Idea or something is already done

Date of last change: 10/13/2017
Min investment
$  1.000.000
0
Total required
$ 10.000.000
Rating
equalizer 85 из 1000
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Idea

I am a automobile engineer and I have a idea about creating a automobile engine without use of any fossil fuel and its not an electric engine either. So i am looking forward for investors for startup.

Current Status

Currently i am working on the prototype which is working and now iam trying to improve its power to 2000hp.

Market

As this idea can permanently stop the use of fossil fuels. I am sure that the world would be easily attracted as the current scenario is to find a source of power with lesser input.

Problem or Opportunity

I am looking for a opportunity to change the world and create a better tomorrow.

Solution (product or service)

I am looking to make my idea as a startup and create a new company.

Competitors

Tesla would be a big rival, and other car manufacturers as well.

Advantages or differentiators

The main advantage is that use of fossil fuels can be permanently stopped as well as hydroelectric power stations as well.

Finance

At the starting a lesser finance is only needed as i have already made a engine. But in order to put into a car, a new car should be designed and made. For that purpose iam looking for investment.

Business model

Tesla

Money will be spent on

Making the car and starting the company.

Offer for investor

Iam sure that the engine will a innovation in the field of automobile. As we can permanently stop the use of fossil fuels. As we know that almost everything is powered by Fossil fuels,the locomotive, car, everything can be run by using this engine. So iam looking forward for investors who are willing to create a better tomorrow. As we are a monopoly (in business) and we are aiming for long run, we would only get profit.

Risks

It would take sometime to make our car. Cause its far more complicated thab the ordinary car shape.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video