A group of high-profile investors is looking to buy a majority stake in the electric car maker EVOM, a move that could have the potential to disrupt the industry’s dominance in the U.S. market.
In an email to clients, EVOM founder and CEO Daniel Loehrke said that he and his co-founders were interested in buying the company in order to invest in the company’s future growth.
The investment would be $3.9 billion, according to a copy of the email obtained by Bloomberg.
The $3 billion price tag is a big increase from the $1.8 billion that Loehkes original investment group paid for the company two years ago.
EVOM raised more than $5.5 billion from private investors, including $1 billion from Uber, the company Loehlkes founded in 2013.
The company now has about 3,000 customers and has delivered about 100,000 cars since launching in late 2015.
Loehke has made EVs more popular than any other vehicle on the road.
Since his founding, the electric automaker has sold more than 1 million vehicles, and more than 6 million have been sold in the United States.