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The company offers high-quality and innovative automotive solutions. The company acts as a bridge between the European automotive market and their licensed contract manufacturers in Asia. The business model is best described as a project based business, where every client specific innovative wish is turned into customer specific products and delivered based on the client's terms.
Particularities
The company delivers innovative electronic car parts, such as infotainment systems, interior and exterior lighting and wireless charging. The company has its roots in the passenger car market, which will also be the stable driver into the future, but is also taking the first very lucrative steps into other mobility segments: commercial verhicles, industrial machinery and leisure vehicles. The fruits of their labour are already visible with the first project deliveries in sight as per end of the year 2023.
Possibilities
The upside potential of the proposition is significant due to the entrance into these new markets. Especially with the capital light business model and significant operating leverage. The company can deliver significantly elevated revenues, with the existing cost basis. There is no need for extensive additional investments in staffing or fixed assets to increase revenue levels.
LandNederland
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