Company Description
HW Electro is the first company in Japan to obtain a license plate number for imported electric light commercial vehicles and also one of the three companies that sell electric light commercial vehicles in Japan.
The electric light commercial vehicles we sell belong to the category of “light commercial vehicles,” which are commercial carrier vehicles with a gross vehicle weight of no more than 3,500 kilograms.
We commenced selling and delivering two models of electric light commercial vehicles, ELEMO and ELEMO-K, in Japan in April 2022 and July 2022, respectively, and have been working with Cenntro, our cooperating manufacturer, to produce them under our brand, “ELEMO,” in its factory in Hangzhou, China.
Since June 2023, we have commenced the sales of a new model called “ELEMO-L,” a van-type electric vehicle that could be used for commercial and recreational camping purposes, which we expect may enable us to increase consumer market penetration.
Since the inception of our operation, we have been leveraging the customizability and adjustability of our electric light commercial vehicles to attract corporations in different industries and local governments that have varying needs from their departments in Japan.
| Country | Japan |
| Founded | 2019 |
| Industry | Auto Manufacturers |
| Sector | Consumer Discretionary |
| Employees | 14 |
| CEO | Weicheng Hsiao |
Contact Details
Address: 301, Aomi 2-chome 7-4 the SOHO Koto-ku, Tokyo 135-0064 Japan | |
| Phone | (+81) 3-6457-1469 |
| Website | hwelectro.co.jp |
Stock Details
| Ticker Symbol | HWEC |
| Exchange | NYSEAMERICAN |
| Fiscal Year | October - September |
| Reporting Currency | USD |
| IPO Price | $3.00 |
| CIK Code | 0001980262 |
| SIC Code | 3711 |
Key Executives
| Name | Position |
|---|---|
| Weicheng Hsiao | Representative Director and Chief Executive Officer |
| Eiji Fujino | Director |
| Hiroto Nagura | Chief Financial Officer |
| Taisuke Otsubo | Corporate auditor |
| Takashi Watanabe | Corporate Executive Officer and Chief Marketing Officer |
| Hirotaka Ikeda | Independent Director and Nominating Committee Member |
| Takayuki Tokoroda | Independent Director and Nominating Committee Member |
| Yuri Konno | Independent Director and Audit Committee Member |
| Koki Kawana | Independent Director, Audit Committee Member, and Compensation Committee Member |
| Feng Wu | Independent Director, Audit Committee Member, and Compensation Committee Member |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 29, 2024 | F-1 | Registration statement for certain foreign private issuers |
| Apr 29, 2024 | RW | Filing |
| Apr 19, 2024 | POS AM | Post-Effective amendments for registration statement |
| Mar 20, 2024 | SP 15D2 | Filing |
| Mar 12, 2024 | POS AM | Post-Effective amendments for registration statement |
| Jan 4, 2024 | FWP | Free Writing Prospectus |
| Dec 29, 2023 | EFFECT | Notice of Effectiveness |
| Dec 29, 2023 | EFFECT | Notice of Effectiveness |
| Dec 21, 2023 | F-1/A | [Amend] Registration statement for certain foreign private issuers |
| Dec 19, 2023 | F-6 | Filing |