Sleek driving skills! Meet Thailand’s Sleek EV. They’re a two-wheeler EV startup that just raised a Pre-Series A extension.
Investor check. Finnoventure Fund, managed by Krungsri Bank’s Krungsri Finnovate invested.
🏍️ What’s your ride?
They’ve designed and manufactured four types of two-wheeled EVs with different driving ranges, motor power, and features.
All about the tech. They have their own proprietary software, powertrain system, and mobile app, as well as swappable batteries.
Battery power. They’re building S Charge, Thailand’s first charging ecosystem for two-wheelers, allowing you to charge from home or any of their stations.
Distribution. They’ve partnered with two-wheeler dealerships across Thailand and have enterprise clients like 7-11.
Money (doesn’t) matter. They even offer financing with zero downpayment and low interest rates to help push adoption!
🚀 Next up!
They’ll be pushing for more R&D with their powertrain system and software. They’ll also increase production capacity, hire more, and use the funding as working capital for production.
The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.