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Vehizero |
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Country: Mexico
Sector(s): Energy Efficiency (Equipment Manufacturers & Providers)
Investment sought: US$4.7 million Investment received: US$ 410,000 Year founded: 1999 Number of employees: 27
Company summary:
Vehizero produces hybrid-electric vehicles that offer the urban delivery market a lower cost and environmentally friendly alternative to current delivery vehicles.
Company description:
Vehizero S.A. manufactures and assembles its own one-ton, hybrid electric powered delivery vehicle which it will sell in the urban delivery market. Vehizero is the first manufacturer of hybrid electric vehicles in Mexico. No other company has ever imported or is importing currently hybrid electric vehicles in Mexico.
Vehizero's vehicle is priced on par with traditional vehicles and will be cheaper to maintain, largely because they are much more energy efficient as compared to internal combustion powered vehicles.
In addition to winning first place at the New Ventures 2001 Investor Forum, the company has been invited by BASE in Switzerland and Germany to demonstrate its technological improvements.
Learn more about this company by reading the Rising Ventures profile, written by the New Ventures team.
Website:
http://www.vehizero.com
Contact:
Sean D. O'Hea Vehizero S.A. de C.V. Tel/fax: ++(52) 5485-0041 Email: vehizero@avantel.net
Download presentation:
http://www.new-ventures.org/PDF/vehizero.pdf
Entrepreneur biography:
Sean O'Hea is a Chemical Engineer with experience with lead acid batteries. He has been able to demonstrate with his technological developments and prototypes that a revolution is coming in the transport industry. As in all revolutions, some of the traditional companies will remain, while others will disappear, giving space and opportunity to new companies focused to market niches. Vehizero will be one of these new companies coming online.
Pressroom:
Hibridos, La Nueva Tecnologia Automotriz El Universal - May 2006
"Arman primeros hibridos" Reforma - October 28, 2005
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