Executivesummaryfse

TECNUN SEED GROUP- UNIVERSITY OF NAVARRA
CAR NUMBER E41
THE TEAM
We are Tecnun SEED group. SEED stands for Sustainability through Electric Energy
Developments).In reference to e-TEK MK II (our electric car name) we want to demonstrate
that a vehicle which is hundred percent respectful with the environment can be ascompetitive
as a combustion car.
PRODUCT
As the Tecnun Seed group car is a pure battery electric car, levels of pollution are almost
inexistent. We can guarantee an autonomyup to 150 km which is a competitive number in the
sector. Our LiFePO4 batteries and our continuous research in new equipment enables us to
reach our desiredperformance and to offer an excellence product to our clients.
MARKET
We are aware of the delicate time Europe and the 1st world is currently going through due to
thefinancial crisis. That is why our target audience is people from 20 years old to their middle
forties and upper-middle class. As it is a sports car we are conscious thatwe are addressing
people passionate about the engine and sensitized with the environment.
INVESTMENT
To achieve a production capacity of 1000 racing vehicles peryear an initial investment in both
fixed assets and working capital will be required.
Workshop facilities:
Testing laboratory:
Civil work:
Working capital:
TOTAL100,000.00€
200,000.00€
400,000.00€
50,000.00€
750,000.00€

PROFITABILITY
Considering a sales price of about 40,000€. These are the investment indicators:NPV: 8,360,871.01€
IRR: 85%
PAYBACK: 2 years
Taking into account these numbers we conclude that investment in this project is a great
business opportunity.