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Formula Electric Racing - NUST

Formula Electric Racing - NUST Revenue

Motor Vehicle ManufacturingFlag of PKKarāchi, Sindh, Pakistan21-50 Employees

$

Formula Electric Racing - NUST revenue & valuation

Annual revenue$3,251,090
Revenue per employee$86,000
Estimated valuation?$10,500,000
Total fundingNo funding

Key Contacts at Formula Electric Racing - NUST

Flag of US

Sara Zain

Autonomous Director

Flag of PK

Eman Zafar

Marketing Director

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Rehaab Khan

Marketing Director

Flag of PK

Qazi Khizar

Mechanical Director

Company overview

HeadquartersKarāchi, Sindh, Pakistan
Website
NAICS3361
Keywords
Automotive, Engineering, Designing
Founded2014
Employees21-50

Formula Electric Racing - NUST Email Formats

Formula Electric Racing - NUST uses 2 email formats. The most common is {first name} (e.g., john@nust.edu.pk), used 83.3% of the time.

FormatExamplePercentage
{first name}
john@nust.edu.pk
83.3%
{last name}
doe@nust.edu.pk
16.7%

About Formula Electric Racing - NUST

Formula Electric Racing NUST, is an initiative by students of PNEC-NUST to design and build a Formula-style race car to compete in Formula SAE and Formula Student events each year. The primary aim of the team is to create a marketable car capable of being produced on a large-scale which appeals to both professional and amateur racers, while adhering to the standards defined by SAE. The team also carries out marketing and finance-related activities to enable the effort. The team participated in Formula SAE Electric 2016 as Pakistan's first-ever Electric Formula-style car in Lincoln, NE, USA. Formula Student and Formula SAE are student-level design competitions held all over the world which challenge student engineers to design, build and test a single seat racing car in one year. The cars are then judged on their speed, acceleration, handling and endurance in a series of time-trial races, while the teams are tested on their design, costing and business presentation skills. In 2018 team participated in Formula Student UK by Institute of Mechanical Engineers (IMechE) held at Silverstone Circuit, Towcester, from 11th to 15th July 2018. The team performed remarkably well, being ranked the best Asian team in the electric category. The team also managed to clear the technical inspection of chassis, and was praised by the judges for our innovative design of accumulator container. These competitions serve as testing grounds for the next generation of world-class engineers and are held in high regard by industry professionals who often come to recruit at the event venue. Facebook: /formulae.racing.nust Twitter: @formulaenust Instagram: @formulaelectricracing

Employees by Management Level

Total employees: 21-50

Seniority

Employees

Manager
Entry
Director

Employees by Department

Formula Electric Racing - NUST has 8 employees across 1 departments.

Departments

Number of employees

Funding Data

Formula Electric Racing - NUST has never raised funding before.

Frequently asked questions

Formula Electric Racing - NUST is located in Karāchi, Sindh, PK.
Formula Electric Racing - NUST generates an estimated annual revenue of $3,251,090. This revenue figure reflects the company's market position and business performance in its industry.
Formula Electric Racing - NUST has an estimated valuation of $10,500,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Formula Electric Racing - NUST was founded in 2014, making it 12 years old. The company has established itself as a significant player in its industry over this time.
Formula Electric Racing - NUST has approximately 21-50 employees. The company continues to grow its workforce to support its business operations and expansion.

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