How To Sell Canadian Electric Vehicles

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1 BUSINESS FOR SALE CANADIAN ELECTRIC VEHICLES ERRINGTON, BC Electric vehicle manufacturing in operation for over 25 years Turnkey operation, seller willing to transition buyer by continuing to work in the business for a period of time Positioned in green vehicle market, substantial growth market Location flexibility for buyer, business can be moved Business model is assembly not fabrication, requires less capital to purchase Opportunities to improve sales and income including: o Expanding market with municipalities greening the fleet o Expand dealer network Financial and asset information available and up to date Business offered for sale at $975,000 including inventory

2 Company Profile Overview Canadian Electric Vehicles (CEV) has been designing and manufacturing electric vehicles and electric vehicle components for over 25 years. With world-wide sales CEV is a successful global business. Vehicles in service range in size from three ton aircraft refueling and LAV trucks to the Might-E Tug, an electric towing unit which tows a variety of carts and equipment weighing up to 10,000 pounds. The primary CEV product is the Might-E Truck, a custom heavy duty electric utility vehicle. Might-E Trucks are in operation at Universities, Government Sites, Industries, Parks, Municipalities and private companies. Green Product Line Today customers face challenges complying with emerging global environmental legislation. A fully electric product line provides the solution. Product Performance CEV products perform exceptionally well in the field. This quality product performance results in repeat orders, minimal after market product support and strong positive customer references/referrals. Strong Vendor Partnership CEV has sourced reliable, competitively affordable vendors. A strong partnership with vendors allows for custom orders and, in some cases, products being manufactured exclusively for CEV.

3 Ground Support Vehicles Product Lines Canadian Electric Vehicles has the experience of converting over 60 aircraft refueling trucks to electric power. These vehicles are in use at airports in North America, Europe, Middle East and Australia. CEV's experience in the design and installation of conversion kits provides a drop-in system that is easy to install and customized to the end users requirements. All the parts required are provided by CEV giving the customer one experienced supplier to provide a kit for them to efficiently and quickly convert their equipment.

4 Might-E Truck Might-E Truck is an electric powered mid-size work vehicle with up to 1,500 pound load capacity. The truck utilizes standard North American built automotive suspension and braking systems and has a field adjustable top speed of mph. Available as a base chassis, cab and chassis, pickup box, flat deck, van or customized for specific applications. Cabs are constructed of steel and composites for durability and long life. Might-E Tug The Might-E Tug is a multipurpose electric towing unit designed to move a variety of carts, bin and equipment. The Might-E Tug is available in 24-Volt regular and super-duty models, and has a pulling capacity of 2,000-7,000 pounds on hard, level surfaces.

5 The Might-E Tug is ergonomically designed for ease of operation, and greatly reduces the potential for operator injury by eliminating the effort of moving heavy loads. Might-E Cart The Might-E Cart is an electric powered utility cart for both indoor and outdoor use. The Might-E Cart works well in a range of applications: industrial /warehouse, hospital and outdoor garden. Simple and safe controls make this unit easy for all to operate. Highly maneuverable, the Might-E Cart fits through standard doors and steers easily in tight spaces. Available in 24-Volt standard-duty and super-duty models with maximum load capacities of 400 and 800lbs.

6 Business Sale Offering Inventory Engineering Drawings Vendor List and Introduction Company Contact Randy Holmquist Owner Canadian Electric Vehicles Business and Inventory offered for sale $975,000.00

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