Gravity 99 Limited: Pioneering Electric Vehicle Infrastructure in Nigeria

Gravity 99 Limited is an electric vehicle wholesale, retail and infrastructure investment company. The company is seeking to build a portfolio of electric vehicle charging stations and electric vehicle retail and wholesale centres throughout Nigeria and the neighbouring states. To invest in high return charging stations and electric vehicle sales with a potential for higher returns. With the assistance of experienced/skilled staff effectively managing the entities to ensure maximum returns. Create wealth for funders/investors in line with or beyond market expectation. To grow the underlying assets in-excess of R5 billion within a period of 5-10 years. Gravity 99 Limited will invest in assets that meets with the following criteria: Sale of Income generating assets comprising of domestic and commercial vehicles, Acquire electric vehicles through joint ventures with reputable manufacturers, Assets acquired according to the major demand segments within the targeted sectors of commercial and domestic electric vehicle market. Charging Stations Outlets: Secure prime locations with existing petrol stations or greenfield projects, Assets within the targeted sectors and within a 100km distance between stations, Maintenance and mobile charging units where necessary, IRR of 18% regarding greenfield projects.