Alpha Lujo Inc.(OTCBB: ALEV), an electric vehicle manufacturer focused on cost-effectiveness and affordability, similar to companies like UQM Technologies, Inc. (Amex: UQM) and Li-on Motors Corp (OTCBB: LMCO), is bringing cost-effective electric vehicles to the world, with its innovative engineering and manufacturing processes.
Alpha Lujo Inc. (OTCBB: ALEV) is an innovative electric vehicle manufacturer focused on providing cost-effective and affordable solutions to the global marketplace. The company manufactures vehicles, offers conversion services and sells proprietary components used in EVs through its expanding global network of facilities. While most large manufacturers are focused on the upper end of the market, such as Tesla Motors, Inc. (Nasdaq: TSLA), there is very little competition among affordably priced vehicles.
Unique Components & Manufacturing Keep Costs Down
Using localized manufacturing and proprietary components, Alpha Lujo Inc. is able to keep its costs extraordinary low and effectively compete in the low-end EV marketplace. The company is able to convert legacy auto manufacturing facilities into EV facilities, while locating them in the countries in which they intend to sell the vehicles. Since the most expensive part of the supply chain is distribution, the company is then well positioned to significantly reduce costs.
At the same time, Alpha Lujo Inc. has identified several areas where EVs can be made more efficient through the use of battery technology. For example, its electric vehicles require lead silicon batteries due to a proprietary battery technology, smart battery management system, controller and drive train, which enable enhanced output from these batteries. And using the lead silicon batteries compare to those of lithium batteries in EV, this result in significant cost savings and the ability to maintain margins at a lower price point.
Gearing Up to Expand Production Around the World
With the enormous amount of government subsidies focused on EVs, Alpha Lujo Inc. is well positioned to profit by competing at the lower end of the market. After all, its cars often qualify for the same subsidies as more expensive EVs, making it far cheaper on a relative basis. In fact, the company expects to sign up as many as 2,000 EV orders in 2011 alone, while its distribution already includes more than 11 different countries.
Alpha Lujo Inc. is also partnering with dealerships in Europe, U.S. and Australia to be able to distribute to a larger audience by piggybacking on their existing networks. Combined with its localized manufacturing initiatives, this strategy could enable it to rapidly increase its production over the near-term in several markets around the world. Energy investors seeking a solid growth stock in the emerging EV space may want to check out Alpha Lujo Inc. (OTCBB: ALEV).