The Opportunity

• The EV market is booming, with governments worldwide incentivizing the transition to cleaner transportation.
• The GCC EV market was valued at $9.53 billion in 2025 and is projected to reach $26.71 billion by 2030, a CAGR of 22.89%.
• The market lacks a high-quality, low-cost EV specifically designed for hot climates and crowded city life.
• Oman has a strong vision for EVs, with 0% VAT, zero customs tax, and free registration fees.
• The Oman EV market was valued at $200 million in 2024 and is projected to reach $831.28 million by 2030.

Our Solution

• We are establishing a new EV factory in Oman to produce a small, modern, and affordable electric hatchback.
• Our product is a low-cost, high-quality vehicle perfect for crowded city life in Dubai and other major urban centers.
• This project uses crowdfunding, allowing new investors to join at the ground floor of a high-growth market.

The Product: The ‘O-EV’ Hatchback

• Design: A compact, modern hatchback built for crowded urban environments.
• Battery: Next-gen technology to reduce “range anxiety”.
• Optimized for GCC: Designed to perform efficiently in Gulf climates.
• International Collaboration: Suppliers from China, Germany, USA, and Korea.

Business Model & Competitive Advantage

• Low-Cost Production: Oman-based, optimized for efficiency.
• Strategic Sourcing: Global suppliers for best tech at competitive prices.
• Unique Value: Affordable, climate-optimized EV for GCC cities.
• Market Gap: Economy EVs (under $35K) growing at 23.91% CAGR.

Funding Ask

• Funding Goal: We are seeking to raise [Funding Amount] via crowdfunding.
• Use of Funds:
  • 30% Factory setup & equipment
  • 40% R&D – design, battery integration
  • 20% Operations – hiring, supply chain
  • 10% Marketing – GCC launch

Financial Projections & Milestones

• Q1–Q2: Secure crowdfunding, finalize factory location, start R&D
• Q3–Q4: Begin construction, prototype development
• Year 2: Production begins in Oman
• Years 3–5: Scale production & expand to GCC markets

Why Invest in Us?

• The Right Product: Affordable, city-friendly, climate-ready EVs.
• The Right Time: Market growth + supportive policies.
• The Right Place: Oman’s strong clean energy commitment.
• Join us in driving the future of mobility in the GCC.

Appendix / References

This presentation is based on the EV White Paper provided by Asfar Group and additional data from public sources.