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Comarth

Comarth
IndustryAutomotive
Founded1999
HeadquartersSan José de la Vega, Murcia, Spain
ProductsElectric vehicles
Websitewww.comarth.com

Comarth is a company based in San José de la Vega, Murcia, Spain, which specializes in the construction of electric cars.[1] It was founded by José Antonio Martínez Marín in 1999.

History

[edit]

Comarth began with the manufacture of two sports road models, both powered by original Ford engines, initially with:

  • Comarth S1, 26 units.
  • Comarth Xtamy, 5 units.

Subsequently, due to the higher profitability of electric vehicles, it focused solely on the manufacture of small vehicles powered by electric power, such as small urban vehicles, maintenance vehicles and golf carts, which was later expanded in 2014 to buses (T-Bus) and trucks (T-Trucks) with batteries with different charge cycles.[2][3]

At this time, the ownership of this company is divided between its founder, who holds 13% of the shareholding, a French investor, Demeter Partners, who accumulates 49% of the company's shares,[4] and the Mondragón Corporation since November 2013 with the remaining 38%.[5] The company currently has commercial interests in Spain, France and Norway and a global network of distributors on all continents.

Production

[edit]

Comarth's range is made up of:

  • Comarth Cross Rider
  • Comarth CR Sport
  • Comarth Toy Rider
  • Comarth T-Truck
  • Comarth T-Bus

Motorsport

[edit]

In its 2003 edition of the Dakar Rally, Comarth presented a modified S1, which was specially designed to take part in the rally raids. It was piloted by Antonio Ramos Martínez.[6]

References

[edit]
  1. ^ Kirsten Burkhardt (2019). Private Equity Firms: Their Role in the Formation of Strategic Alliances. John Wiley & Sons. ISBN 9781786303127.
  2. ^ "Comarth: la marca española de coches más polifacética... y menos conocida". Autopista (in Spanish). Retrieved 2020-10-04.
  3. ^ "Comarth se come el mundo". motorgiga.com (in Spanish). MotorGiga.com. 26 September 2014. Retrieved 2020-10-04.
  4. ^ "Demeter ups Comarth stake to 49%" (in Spanish). 11 April 2011. Retrieved 17 April 2011.
  5. ^ "Fagor Ederlan abrirá en 2014 una fábrica de vehículos eléctricos" (in Spanish). 13 November 2013. Archived from the original on 24 December 2013. Retrieved 22 December 2013.
  6. ^ "Un equipo netamente murciano en el Dakar 2003" (in Spanish). 18 February 2002. Retrieved 17 April 2011.
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Comarth
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