Auto Evolve
Auto Evolve, Auto Evolve LLC (the “Company”) was founded in Texas in 2003 with an objective to build a recycling business for End-of-Life Vehicles (ELV’s) which utilizes ecologically-based technology and maximizes the recycling of the vehicles’ components.
Auto Evolve, has the opportunity to develop the first national branded chain of high efficiency, environmentally friendly auto dismantling and recycling plants in the US. They will introduce into the US market an award-winning green technology developed in Europe which recycles 98% of each vehicle—the highest standard yet achieved in the industry. Instead of sitting in scrap yards, cars, small trucks and SUV’s will be able to be disassembled at a rate of six per hour, two shifts a day per disassembly line.
The Auto Evolve system of recycling will revolutionize the auto recycling sector primarily due to five factors:
Auto Evolve researched appropriate technologies and has entered into negotiations with the European company that developed and patented an ecologically-based auto dismantling and recycling technology being used in Europe. Auto Evolve intends to set up disassembly/recycling plants, in parallel with developing a series of Company owned and potentially franchised operations throughout the USA.
- Recycling yield: a higher percentage of each vehicle is recycled and recycled components have a higher value
- Labor: labor for processing a vehicle is reduced by approximately 250% compared to existing methods
- Land: land required per vehicle processed annually is reduced by approximately 165% compared to existing facilities
- Inventory: the rapid turnaround of vehicles results in reducing inventory carrying costs compared to existing methods
- Environmental: environmental damage is reduced to almost nothing
To achieve the above, Auto Evolve will be combining patented technology currently used in Europe with management’s strong knowledge of process operations and industrial engineering. The first plant will be built and the processes designed, optimized and documented to allow for rapid duplication across the country. When combined, these two factors will dramatically change the economics and environmental impact of this industry.
Funding Opportunity
Auto Evolve is seeking approximately $2.9 million dollars for the establishment of the first two US Auto Evolve recycling plants, comprising of two disassembly lines, its management staff and operations, and the corresponding finance/investment banking fees. AE will utilize private equity investment, competitive government grants and state technology funds.
Mission: Auto Evolve’s mission is to introduce and market an environmentally-friendly auto dismantling technology to the US auto recycling industry. The use of this technology will not only solve many of the industries ecological issues, but will result in increased profitability for Auto Evolve in its own plants and for others who employ this methodology.
Auto Evolve’s Advantages:
- Clean Tech , Environmentally -friendly
- Good Neighbor for the communities AE is of service to.
- Creates Skilled Jobs with benefits for the community.
Milestones met since Founding:
- Collaborating with TECH Fort Worth Business Incubator, Tarrant County Community College, and University of Texas Arlington.
- Prototype est.2004
- Market Relationships created.
- Presenting Entrepreneur SW Venture Forum Cox School of Business Center of Entrepreneurship SMU
Present Milestones 2011
- Early-stage funding for two dismantling plants.
- Initiate environmental training of local mechanics.
For more infomation, please use the contact infomartion below.
Auto Evolve, LLC
Julia Holden
Industrial Engineer & President
juliah@autoevolve.net
214-453-0049
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