Selex Motors

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Selex Motors - overview

Established

2018

Location

Hanoi, -, Vietnam

Primary Industry

Automobiles, Other Vehicles & Parts

About

Based in Vietnam, and founded in 2018 by Nguyen Huu Phuoc Nguyen, Nguyen Trong Hai, and Nguyen Dinh Quang, Selex JSC, operates as a manufacturer of smart electric motorcycles. In October 2023, Selex Motors raised USD 20 million in series A funding. As of 2023, the company has partnered with companies like Denso, Baemin, Lazada, and many more. Selex offers various electric automobile products that include electric motorcycles, battery packs, battery swapping stations, and many more.


It provides a mobile application platform that allows users to find the nearest charging stations and request servicing assistance. The company also provides electric vehicle components such as motor controllers, power management systems, and display screens.


Current Investors

Nextrans, ADB Ventures, Touchstone Partners

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Electric Utilities, Automobiles, Other Vehicles & Parts, Energy Storage & Batteries

Website

www.selex.vn

Verticals

Electric & Hybrid Vehicles, Manufacturing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Selex Motors - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)--203,184,176203,184,176---
% Revenue Growth (YoY)-------
EBITDA (USD)(57,318,794)(2,372,646,144)(2,221,689,930)(2,350,642,546)---
Operating Income (USD)(57,318,794)(2,372,646,144)(2,221,689,930)(2,350,642,546)---
Operating Margin--(1093.4%)(1156.9%)---
% EBITDA Margin--(1093.4%)(1156.9%)---
NET Income (USD)(57,300,875)(2,362,168,740)(2,221,689,930)(2,347,303,174)---
% Net Margin--(1093.4%)(1155.3%)---
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