EV business

Hi folks, using a friends account to post this for stealth mode.

Friend says:

I plan to invest and start an EV vehicle company, which will start with affordable EV 2wheeler bikes.

I have a small team and setup available, and another investor/partner who already has a factory we can use.

The target audience is lower income segment and to launch a bike in the <70k segment.

I am looking for co-investors/partners. The expected investment is in the range of 30L-50L to get approval stage, and then another 30L-50L to ramp up marketing and sales. We will initially be focusing only on B2B sales for the first few months.

The factory is in Rohtak and we are based out of Gurgaon.