Last deal

Amount

Seed

Stage

01.03.2018

Date

1

all rounds

General

About Company
Hitech Electric offers affordable electric vehicles focused on innovation for emerging economies.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Hitech, Hitech-e

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Hitech Electric is a Brazilian automaker of Electric Vehicles (VE), offering models of cars and trucks accessible and focused on innovation for countries of emerging economies. The company provides a high level of service and support, through a comprehensive maintenance and repair network, in partnership with the Porto Seguro Network. Its purpose is to solve the management problem and high operational costs of fleet for companies, offering packages that bring a huge reduction in Operational cost and increase in Automation and Quality of services. The company also develops a range of unique products, including a solar-powered car plus standalone vehicle capabilities, which will allow Hitech Electric to offer ample supply to markets untapped by large automakers.