Invest in Atlis Motor Vehicles
We're raising $1 million dollars to develop a working prototype of our 75T pickup truck.
To build a better future, we need to build better alternatives. We created Atlis Motor Vehicles because we believe pickup trucks are some of the most enjoyed and desired vehicles on the market, and the one vehicle that can benefit greatly from electrification. If we're going to deliver an all electric pickup truck, it must be done without compromises."
- Mark Hanchett, Founder
Atlis Motor Vehicles is designing and building a true plug in battery electric pickup truck, with unprecedented capabilities, at a reasonable price. Our goal is to bring back the excitement and affordability of the pickup truck, while racing towards the future of electric mobility.
We are raising funding to finish development of our prototype Atlis Motor Vehicles 75T pickup truck and Advanced Charging Station. We have completed our feasibility studies, small scale prototypes of key capabilities such as a fast charging battery pack, completed preliminary vehicle industrial design concepts, and are looking to design and build our full-scale prototype vehicle.
- Mark Hanchett, Founder
Atlis Motor Vehicles is designing and building a true plug in battery electric pickup truck, with unprecedented capabilities, at a reasonable price. Our goal is to bring back the excitement and affordability of the pickup truck, while racing towards the future of electric mobility.
We are raising funding to finish development of our prototype Atlis Motor Vehicles 75T pickup truck and Advanced Charging Station. We have completed our feasibility studies, small scale prototypes of key capabilities such as a fast charging battery pack, completed preliminary vehicle industrial design concepts, and are looking to design and build our full-scale prototype vehicle.
INVESTMENT$.29/share│When you invest you are betting the company’s future value will exceed $3.9M.
For details on the bonus, please see the Offering Summary below.
PERKS FOR INVESTORS*All investors*
For details on the bonus, please see the Offering Summary below.
PERKS FOR INVESTORS*All investors*
If we reach our $1 million dollar goal
- 4 Investors will be randomly selected and will receive an Atlis Motor Vehicles pickup truck.
- 1 Investor will be randomly selected to receive a brand new 2018 Ford Raptor which can be traded for one of our first Atlis Motor Vehicles 75TOR pickup truck when we begin shipping.
*Winners will be selected within 30 days of completion of fund raise
*Offer excludes family and friends of Atlis Motor Vehicles employees
*Atlis Motor Vehicles 75T and 75TOR vehicles are expected to begin shipping by late 2020
*Award of Atlis Motor Vehicles pickup truck is contingent on success of Atlis Motor Vehicles starting production.
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Level 0 PerkLevel 0 PerkLess than $1,000 investment
$500 off your purchase of an Atlis Motor Vehicles XT pickup truck A special invite to the public unveiling event of the 75T pickup truck. |
Level 1 Perk$1,015 Investment
$1,500 off your purchase of an Atlis Motor Vehicles XT pickup truck A special invite to the public unveiling event of the 75T pickup truck. |
Level 2 Perk$5,017 Investment
$7,000 off your purchase of an Atlis Motor Vehicles XT pickup truck An Atlis Motor Vehicles T-shirt. A special invite to the public unveiling event of the 75T pickup truck. A special invite to a private test drive event where future owners will be able to test drive our vehicles and give their feedback |
Level 3 Perk$10,005+ Investment
$16,000 off your purchase of an Atlis Motor Vehicles XT pickup truck A special invite to the public unveiling event of the 75T pickup truck. With commitment to purchase an Atlis Motor Vehicles XT pickup truck, investors will get an opportunity to participate in driving our pre-production test vehicles as part of our vehicle trial program. |
*All perks occur after the offering is completed.
OUR MISSION
We will change the world with a better alternative. We will build something that matters, not just something to play the game. Profitability means nothing, if our product doesn't engage with the expectation. We will solve problems that are key to our customer's success. We will not be afraid of big challenges.
We will change the world with a better alternative. We will build something that matters, not just something to play the game. Profitability means nothing, if our product doesn't engage with the expectation. We will solve problems that are key to our customer's success. We will not be afraid of big challenges.
THE ELECTRIC EXPERIENCED NEEDS AN UPDATE
RETURN ON INVESTMENT TAKES A LONG TIME
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Electric Vehicles are expensive. Prices start at $24,000 and are as high as $150,000. With high priced entries, returns on investment can take 3-5 years before realized.
Consumers are looking for more immediate returns when purchasing a vehicle. |
LOW RANGEL
eading electric vehicles provide average driving ranges of ~171 miles. For a pickup truck, this range would be reduced by as much as a 1/3 when fully loaded with a trailer or cargo in the bed. |
CHARGE TIMES ARE SLOWThe average charge time is 1 hour from 0 to 100%. With many options being 1.5, 2 hours, and even 8 and 12 hours time.
EV Automakers are pitching 9 minute, 15 minute, and 30 minute charges, but these only provide 100 miles, 150 miles, or 80% of available battery. |
HYBRID VS. FUEL CELL VS. BATTERY EV
Automakers are still developing hybrid and fuel cell vehicles, with no clear path forward. Such fragmentation in options is creating confusion and excessive cost in development to make EV's practical. The path with the greatest progress in innovation, and shared investment, is battery electric. The capability exist today to be competitive, you just have to go for it. |
The Economics Of Owning A Tesla Car (TSLA, TM)
In the market for a new car? Thinking about getting a hybrid to save the environment (and gas money)? Tesla (TSLA) has the car you want.
Tesla’s Model S is its most popular model, and it comes with a few options. In America, consumers have three choices of Model S that vary based on the number of motors and battery power. For this article, the Model S 85D will be used, as it is the middle option.
Read more: The Economics Of Owning A Tesla Car (TSLA, TM) | Investopedia https://www.investopedia.com/articles/active-trading/041515/economics-owning-tesla-car.asp#ixzz5C64Kbyif
Follow us: Investopedia on Facebook
Initial CostThe initial cost of purchasing a Tesla Model S 85D is steep: $85 000 without options. There is a federal tax credit available worth $7,500, and California, Colorado, Georgia, Massachusetts and Utah offer state tax incentives.
The options available are pricey but feel like necessities. There’s the autopilot feature, Smart Air Suspension, and upgraded sound system, each at $2,500; higher quality finish for $5,000; Executive Rear Seats for $3,000; the Subzero Weather Package for $1,000; and two additional seats for $3,000.
Let’s add everything but the luxury finish and rear seats. Now, a car that seats seven will cost $96,500. Leasing is available – for 15,000 miles a year, the monthly charge is $1,038 without options.
The car is expensive, but the initial cost is slowly recouped over the years though savings on gas, maintenance, and intangibles like convenience.
No More Stopping For GasFirst, the biggest savings: no more expensive gas. With 100 miles using 34kWh (about 100 MPG) and electricity costing an average of $0.12/kWh, the yearly cost to drive a Tesla Model S 85D 15,000 miles is $612. Compare that to Toyota (TM) Camry’s 30 MPG and an average cost of gas of $2.40 per gallon. At 15,000 miles per year, the Camry will cost $1,200 – almost double what the Tesla Model S 85D costs. What’s more, the Model S 85D will likely cost less than $1,000 for a long time whereas oil prices change daily and could return to $4+ at any time.
Another benefit of plugging in instead of fueling up is the peace of mind that comes from knowing each morning that the vehicle is ready to go. No more planning to stop at the gas station, no more standing in the cold or smelling gasoline fumes – just plug in at night, unplug in the morning and the battery is full. (For more, see: Uncovering Oil And Gas Futures.)
Other SavingsTesla’s Model S 85D has virtually no maintenance because its electric engine has far fewer moving parts than a regular internal combustion engine. The battery is guaranteed for eight years with unlimited miles and, after that, is replaceable for $12,000. The vehicle comes with a limited warranty and $600 yearly inspections are optional.
All Model S cars financed through Tesla come with the option to sell the car back to Tesla at a fixed price at the end of the term. This price is about 46% of the purchase price or $44,390 for the Model S 85D example.
The MathLet’s add everything up. The initial cost, including all options, is $96,500. With 15% down and 2% financing over five years, the interest charges would be $4,237.87, bringing the grand total to $100,737.87.
When we apply Teslanomics (subtracting every dollar possible to lower the effective monthly payment), we can subtract $7,500 in federal tax incentive as well as the gas savings of $600 per year and an average of $400 per year on maintenance.
After five years and $100,737.87 in costs, the savings add up to $12,500. Selling the Model S 85D back to Tesla earns about $44,390 (although it could bring in more if sold on the private market), which brings the car’s net cost for five years to $43,847.87 or $730.80 per month.
The Bottom LineThe cost of a luxury sedan is about $730 a month. For the same price as a Lexus or an Audi, you can purchase a Tesla Model S and benefit from the convenience of not having to fuel up, the peace of mind and extra time that comes from not having to worry about maintenance issues like oil changes or buying new filters. Couple that with the fact that the car seats seven (or has more storage space) and its claim of having “the highest safety rating of any car ever tested” and the Tesla’s Model S is a strong economic choice for today’s consumers.
Tesla’s Model S is its most popular model, and it comes with a few options. In America, consumers have three choices of Model S that vary based on the number of motors and battery power. For this article, the Model S 85D will be used, as it is the middle option.
Read more: The Economics Of Owning A Tesla Car (TSLA, TM) | Investopedia https://www.investopedia.com/articles/active-trading/041515/economics-owning-tesla-car.asp#ixzz5C64Kbyif
Follow us: Investopedia on Facebook
Initial CostThe initial cost of purchasing a Tesla Model S 85D is steep: $85 000 without options. There is a federal tax credit available worth $7,500, and California, Colorado, Georgia, Massachusetts and Utah offer state tax incentives.
The options available are pricey but feel like necessities. There’s the autopilot feature, Smart Air Suspension, and upgraded sound system, each at $2,500; higher quality finish for $5,000; Executive Rear Seats for $3,000; the Subzero Weather Package for $1,000; and two additional seats for $3,000.
Let’s add everything but the luxury finish and rear seats. Now, a car that seats seven will cost $96,500. Leasing is available – for 15,000 miles a year, the monthly charge is $1,038 without options.
The car is expensive, but the initial cost is slowly recouped over the years though savings on gas, maintenance, and intangibles like convenience.
No More Stopping For GasFirst, the biggest savings: no more expensive gas. With 100 miles using 34kWh (about 100 MPG) and electricity costing an average of $0.12/kWh, the yearly cost to drive a Tesla Model S 85D 15,000 miles is $612. Compare that to Toyota (TM) Camry’s 30 MPG and an average cost of gas of $2.40 per gallon. At 15,000 miles per year, the Camry will cost $1,200 – almost double what the Tesla Model S 85D costs. What’s more, the Model S 85D will likely cost less than $1,000 for a long time whereas oil prices change daily and could return to $4+ at any time.
Another benefit of plugging in instead of fueling up is the peace of mind that comes from knowing each morning that the vehicle is ready to go. No more planning to stop at the gas station, no more standing in the cold or smelling gasoline fumes – just plug in at night, unplug in the morning and the battery is full. (For more, see: Uncovering Oil And Gas Futures.)
Other SavingsTesla’s Model S 85D has virtually no maintenance because its electric engine has far fewer moving parts than a regular internal combustion engine. The battery is guaranteed for eight years with unlimited miles and, after that, is replaceable for $12,000. The vehicle comes with a limited warranty and $600 yearly inspections are optional.
All Model S cars financed through Tesla come with the option to sell the car back to Tesla at a fixed price at the end of the term. This price is about 46% of the purchase price or $44,390 for the Model S 85D example.
The MathLet’s add everything up. The initial cost, including all options, is $96,500. With 15% down and 2% financing over five years, the interest charges would be $4,237.87, bringing the grand total to $100,737.87.
When we apply Teslanomics (subtracting every dollar possible to lower the effective monthly payment), we can subtract $7,500 in federal tax incentive as well as the gas savings of $600 per year and an average of $400 per year on maintenance.
After five years and $100,737.87 in costs, the savings add up to $12,500. Selling the Model S 85D back to Tesla earns about $44,390 (although it could bring in more if sold on the private market), which brings the car’s net cost for five years to $43,847.87 or $730.80 per month.
The Bottom LineThe cost of a luxury sedan is about $730 a month. For the same price as a Lexus or an Audi, you can purchase a Tesla Model S and benefit from the convenience of not having to fuel up, the peace of mind and extra time that comes from not having to worry about maintenance issues like oil changes or buying new filters. Couple that with the fact that the car seats seven (or has more storage space) and its claim of having “the highest safety rating of any car ever tested” and the Tesla’s Model S is a strong economic choice for today’s consumers.
THE ATLIS MOTOR VEHICELS XT PICKUP TRUCK
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Key Features
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Capable
Expected Towing Performance
Note: These are minimum requirements the vehicle is intended to meet. Atlis Motor Vehicles will certify performance against industry criteria, such as the SAE J2807 tow rating standards. *Expected capabilities at maximum are with 100T dual rear wheel, heavy duty truck model. Results may differ with models 50T and 75T. |
AN ELECTRIC ECOSYSTEM
To build the best electric truck, we had to put our attention on more than just the vehicle. The entire experience is built upon the vehicle, charging, capability, and infrastructure. So we're building an battery electric truck, an battery electric truck platform for other vehicle upfitters to utilize, a charging network, and a payment processing system, that will help us deliver the best vehicle owner experience possible.
To build the best electric truck, we had to put our attention on more than just the vehicle. The entire experience is built upon the vehicle, charging, capability, and infrastructure. So we're building an battery electric truck, an battery electric truck platform for other vehicle upfitters to utilize, a charging network, and a payment processing system, that will help us deliver the best vehicle owner experience possible.
The XT Pickup Truck The XP Platform Advanced Charging Station
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The world's first 100% plug in electric pickup truck, with zero compromises.
3 MODELS 50T - 1/2 TON Model 75T - 3/4 TON Model 100T - 1 TON Model |
A 100% electric vehicle platform built off our truck, capable of integration into RV's box trucks, step vans and beyond.
Capable of extending range, adding accessory battery power, and adding tandem axle configurations for heavy duty vehicles. |
Capable of delivering enough power for our 15 minute charge times today, and 5 minute charge times tomorrow.
Note: Adapters for existing, slower charging stations are expected to also be made available with vehicles. Atlis Motor Vehicles is also openly discussing partnerships to advance this development at a faster pace. |
SAVE AN AVERAGE OF $268/MONTH
The Atlis Motor Vehicles XT pickup truck is expected to cost you less to own, putting more money in your pocket.
- Competitive initial price
- Zero Maintenance guarantee
- Warranty for 10 years
- And NO Tax credit considerations
Source: Kelleybluebook.com, average cost of ownership publication of 2016 model vehicles with comparable features.
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Let's face it, we love our pickup trucks, but we really love lifted pickup trucks with big tires. Atlis Motor Vehicles will be launching an aftermarket portal where vendors can sign up and request information needed to develop aftermarket products. Whether that be lift kits, bumpers, or utility bed upgrades for the workhorses of the world, we believe in providing the best aftermarket experience possible.
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SIMPLIFY THE EXPERIENCE
All XT pickup trucks are made to order. Atlis Motor Vehicles will continuously expand by building local sales and repair shops; However all sales will be done through our online configuration menu - your vehicle will ship and be delivered right to your door. You, as a customer, will be able to configure and buy your vehicle online in just a few minutes.
DIRECT PURCHASE SUBSCRIPTION
Owners may purchase their vehicle outright in cash or finance through our select vendors. Vehicle purchases will include our maintenance-free guarantee, minus consumables such as tires, as well as our 10-year vehicle warranty.
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Atlis Motor Vehicles will be offering a subscription service for vehicle owners who want to replace their vehicle every 5 or 7 years. This subscription model includes the cost of the vehicle, vehicle charging, vehicle insurance as well as all regular maintenance such as tire changes and repairs for one low monthly price.
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THE MARKET
$100+ Billion Dollar Market
In the United States, pickup trucks account for the #1, #2, and #3 best-selling vehicles.
Growth in International markets such as China and Australia
Average 8.4% Growth YOY for the last 5 years
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DEVELOPING ATLIS MOTOR VEHICLES
For any light to heavy duty truck, one of the most important aspects is whether or not the vehicle can meet the demanding performance expectations. How much can the vehicle tow? How much cargo can the vehicle haul in the bed? How far can the vehicle drive? How long will it take me to "fill up" when I need to? A truck that can pull 25,000 lbs, drive 100 miles, and take 60 minutes to fill up isn't practical, even if it is nice to look at and comfy on the inside. Atlis has spent a great deal of our time focused on the hard challenges; ensuring that it is possible to meet the demanding requirements that a pickup truck needs.
Our guiding principles
Our guiding principles
- Build something that matters, not just something to play the game
- Profitability means nothing, if your product doesn’t engage with the expectation.
- Focus on the experience and exceed the expectation.
- Solve a problem, a big problem, one that people don’t realize must be solved.
- Don’t be afraid of big challenges
Scale Test of Battery Pack Completed our concept design
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Selected components and designed We have a plan
vehicle architecture
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NEXT GENERATION AUTOMOTIVE COMPANY, OWNED BY THE COMMUNITY
We want to give our supporters and future vehicle owners the opportunity to share in the financial success that so many early investors have with startup companies. Together, with the support of our community we will start the next generation of great automotive companies.
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JOIN US ON THIS JOURNEY
Our current priorities are to raise funding, and complete the prototype of an Atlis Motor Vehicles 75T pickup truck within 12 months of the close date of the funding round. We have finalized many technical requirements for the vehicle, and will continue to refine these requirements as we develop the full-scale working prototype of the 75T vehicle. This effort will involve many short term and long term partnerships with organizations that can assist Atlis Motor Vehicles is bringing our 75T pickup truck from an idea to prototype, then to production. Atlis Motor Vehicles begin a pre-order campaign as we get closer to the debut of our 75T pickup truck prototype. This pre-order campaign will be used to justify funding needs to develop a production model as well as development of production capabilities to begin delivery of the first Atlis Motor Vehicles XT pickup trucks in 2020.
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$9,999.78 raised
Product Development
Funding Campaign
Vehicle Interest Campaign
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$348,000.00 raised
Product Development
Facilities and Location
Team Members
Funding Campaign
Vehicle Interest Campaign
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$1,035,714.41 raised
Product Development
Facilities and Location
Team Members
Funding Campaign
Vehicle Interest Campaign
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HOW ARE WE GOING TO DO THIS WITHOUT LARGE INVESTMENTS?
Atlis Motor Vehicles recognizes that to succeed we need to be scrappy, and cost conscious at the start. We need to minimize our investments into flashy things and focus on solid delivery of a fantastic product. We plan to start slowly, and earn the right to investment more as we grow.
Key Points of our strategy
Expected Delivery Schedule of Production Ready Products
2020 - 100 pickup trucks delivered to our early customers
2021 - 1,000 pickup trucks delivered to our pre-order customers
2022 - 10,000 pickup trucks delivered
2023 - 30,000 pickup trucks delivered
** These numbers subject to change based on demand. If Atlis Motor Vehicles receives higher then expected pre-order interest, we will begin a much more rapid acceleration of vehicle deliveries while ensuring we meet the highest quality ever experienced in a pickup truck.
Key Points of our strategy
- By leveraging existing expertise where needed, Atlis Motor Vehicles will be able to speed development time, while keeping cost low.
- By making investments in key areas to reduce cost, such as battery manufacturing, Atlis Motor Vehicles will march towards a path of profitability.
- By starting off slow, and earning the right to spend more after delivering a solid product the meets expectations. Atlis Motor Vehicles wants a positive experience in every product delivered, right from the start. Our first 100 trucks shouldn't be the "beta" trucks, these should be high quality reliable vehicles you can depend on.
Expected Delivery Schedule of Production Ready Products
2020 - 100 pickup trucks delivered to our early customers
2021 - 1,000 pickup trucks delivered to our pre-order customers
2022 - 10,000 pickup trucks delivered
2023 - 30,000 pickup trucks delivered
** These numbers subject to change based on demand. If Atlis Motor Vehicles receives higher then expected pre-order interest, we will begin a much more rapid acceleration of vehicle deliveries while ensuring we meet the highest quality ever experienced in a pickup truck.
ATLIS MOTOR VEHICLES FAQs
ATLIS MOTOR VEHICLES FAQs
Why did you start Atlis Motor Vehicles?
We started Atlis Motor Vehicles because we own, and love pickup trucks. Our team believes that electric is the future, but doesn't believe in delivering higher priced vehicles with less performance just because the incumbents are doing it. We believe that the continuous increase in vehicle prices is causing a divergence in vehicle ownership. People who own vehicles, love their vehicles, and truck buyers LOVE their trucks. But with the recent announcements of high priced options, the lack of real effort in delivering a great electric solution, and the desire to keep prices at the appropriate price point meant someone had to step up and deliver, this is what Atlis Motor Vehicles is about.
Tesla has a large lead in electric vehicle technology, what makes you different?
Tesla definitely has a substantial lead in the market, a large team, with a tremendous amount of capital to spend. It's important to remember that competition is not scary, that we learn from both their success and failure.
Major automakers have pledged billions in investments to develop electric vehicles, how can Atlis Motor Vehicles compete?
Existing automakers, including Tesla, are following the same path for electrification of vehicles. Cylindrical and OEM provided prismatic cells, existing major battery suppliers or cell construction, low quality expectations given history of vehicles, and complex and buggy user interfaces that mirror their ICE counterparts.
While major automakers make public statements of investment into electric vehicle technologies, with pledges to develop and begin shipping 10's of vehicles in the next 5 years. Having a broad focus accross many different vehicle types and platforms can create distractions, and result in excessive spending. Existing automakers are investing heavily into battery electric, hybrid, and fuel cell technologies, while Atlis Motor Vehicles is taking a 100% battery electric approach.
Atlis Motor Vehicles is blazing a different path of vehicle architecture, focused on purpose built designs versus contracted plug and play designs. Atlis Motor Vehicles is taking a different, much faster path to customer acceptance of electric vehicle designs.
Sources:
GM, Ford, Nissan, Toyota, Daimler, GM battery, Tesla Battery, Lucid Motors Battery
You're claiming 15 minute charge times, others are saying the technology doesn't exist, how can you make this work?
Atlis approach to all technology is simple. We start with the needs of our customer, then investigate existing technologies that are available today and what's available tomorrow. From here, we develop a solution that meets those expectations, not by bending the rules of what's possible, but by making what is possible work for us. Using this approach, Atlis Motor Vehicles has developed a battery pack solution, using off the shelf technologies available today, that achieves our goal for range, charge times, and safety.
Automakers have indicated they are making investments in rapid charging stations, how is AMV different, or how will AMV address this?
Atlis Motor Vehicles knows that other automakers will be making investments in charging technologies. However these are slow stepping tones forward, and will need to be upgraded once again when new higher power vehicles are developed. Atlis Motor Vehicles is taking different approach, we're developing a technology that should support the needs of vehicles for the next 20 years. Future generations of our charging stations may support greater power for faster charging, but will ultimately result in smaller more efficient charging stations and better power management.
Article for more information regarding incumbent efforts: https://electrek.co/2017/12/05/bmw-porsche-electric-car-charging-450-kw-charge-rate/
Battery technology is changing rapidly, how will Atlis stay ahead of this?
By 2025, battery technology should allow for a 5 minute charge time. Atlis Motor Vehicles recognizes this reality, and our focus will be to adopt this technology as it becomes available. There is a cost versus implementation analysis the must be done. Atlis Motor Vehicles believes our vehicle can deliver a very competitive customer experience today that will only get slightly better as technology improves, versus delivering an "ok" experience today with a massive improvement tomorrow. Our approach to vehicle architecture and design is to develop a vehicle which can quickly adopt new battery technologies without the necessity to perform a complete vehicle or platform re-design. This same vehicle architecture would allow this rapid adoption approach to be available for many different vehicle technologies including but not limited to; propulsion, self driving technology, HVAC technologies, suspension and driveline technologies, towing, and beyond.
Our approach to new vehicle designs allows Atlis Motor Vehicles in constantly improve our vehicles and technology with minimal capital investments and expenses, throughout the life of a product.
Why not do battery swaps versus fast charging?
Atlis Motor Vehicles started with an idea to swap out batteries. We looked at multiple different options including pull up stations, side swapping, having a "car wash" model where the system glides the vehicle through while swapping out cells. This solution was explored in depth, but faced a number of challenges. The largest challenge of note was that vehicles come in many shapes and sizes, and trucks can tow trailers of an infinite number of shapes and sizes. The idea of using a car wash, or in ground swapping station required too many variables to align in order to make this feasible, coupled with the fact that battery charging rates and energy are accelerating in development, the idea was then abandoned.
Other automakers have tried and failed or partially succeeded to enter the pickup truck market, how will Atlis Motor Vehicles succeed?
Atlis Motor Vehicles is focused on providing the best pickup truck at the best price. Our pickup truck will be American Made, American Owned, and will beat any gas or diesel pickup truck in a side by side comparison. We're focused on keeping in line with the passion behind those that own pickup trucks. Whether the truck is used as a work truck, for some off-road adventures, taking the boat to the lake, taking the RV for a weekend camping trip, or just hauling the groceries back home.
Will Atlis Motor Vehicles need to raise more funding in the future?
Yes, Atlis Motor Vehicles will need to raise funding in the future as we work towards mass producing the Atlis Motor Vehicles XT Electric pickup truck.
Will the the Atlis Motor Vehicle's have self driving technology?
Atlis Motor Vehicles plans to include self driving capabilities with all vehicles and vehicle platforms as standard features. We are currently looking at partnerships in development of this capability to be included in all vehicles. Partnerships will allow us to reduce cost of development, and integrate with other vehicles on the road.
How will Atlis Motor Vehicles gain recognition and traction in the market?
Atlis Motor Vehicles has a plan specifically focused on utilizing new and innovative methods to build brand awareness.
Insourcing versus Outsourcing?
For the prototype stage of development, Atlis Motor Vehicles will utilize many outsourced components, solutions, and partners. This will allow us to very quickly develop and implement key features for the prototype and proof of concept vehicles.
For development of the manufacturable pickup truck manufacturing systems, as well as sustaining efforts, Atlis Motor Vehicles will ramp to an insource model, where in house expertise is developed accross many different technical engineering, marketing, and sales teams.
What is our hiring strategy?
Atlis Motor Vehicles is primarily focused on hiring technical team members to both guide and directly develop our pickup truck. Here is a very high level view of team hiring efforts.
What is the size of the battery pack?
Atlis Motor Vehicles chooses not to disclose the actual capacity of the battery pack in terms of mAh or KWh at this time. Our goal is to provide a vehicle that performs above expectations, keep cost low, and charge times at 15 minutes or less.
Why did Atlis choose battery electric versus a fuel cell powered vehicle?
Fuel cell vehicles, although almost 2x efficient when compared to a gas/diesel vehicle (source: fuel cell efficiency), the generation of hydrogen is incredibly inefficient. Only 30% of the energy used to produce hydrogen is extracted from hydrogen. (source: energy to produce hydrogen, energy density of hydrogen). This combined with the efficiency of a fuel cell, you are left with a net efficiency of ~18%, meaning that only 18% of the energy used to produce hydrogen is used to power a vehicle. Meanwhile, a battery electric vehicle is typically capable of a minimum efficiency of 58% (source: BEV efficiency)
Will the Atlis Motor Vehicles' XT pickup trucks meet all safety standards?
Yes, the Atlis Motor Vehicles T series pickup trucks are intended to meet all safety and performance standards as outlined by, but not limited to, such groups as the The National Highway Traffic Safety Administration (NHTSA), Federal Motor Vehicle Safety Standards (FMVSS), or the Society of Automotive Engineers (SAE) test and performance requirements.
When will Atlis Motor Vehicles create a board of directors?
Atlis Motor Vehicles has two different strategies for board members and advisors.
Vehicle Advisory Board
Atlis Motor Vehicles will seek out advisors who have industry experience that can assist in building relationships or finding expertise in various parts of the business. Each member of our advisory board will be someone with a specific skill set required to guide Atlis Motor Vehicles through the next phase of our business' growth.
Board of Directors
Atlis Motor Vehicles will begin seeking out board representatives upon completion of our pickup truck prototype and begin our second round of funding.
ATLIS MOTOR VEHICLES FAQs
Why did you start Atlis Motor Vehicles?
We started Atlis Motor Vehicles because we own, and love pickup trucks. Our team believes that electric is the future, but doesn't believe in delivering higher priced vehicles with less performance just because the incumbents are doing it. We believe that the continuous increase in vehicle prices is causing a divergence in vehicle ownership. People who own vehicles, love their vehicles, and truck buyers LOVE their trucks. But with the recent announcements of high priced options, the lack of real effort in delivering a great electric solution, and the desire to keep prices at the appropriate price point meant someone had to step up and deliver, this is what Atlis Motor Vehicles is about.
Tesla has a large lead in electric vehicle technology, what makes you different?
Tesla definitely has a substantial lead in the market, a large team, with a tremendous amount of capital to spend. It's important to remember that competition is not scary, that we learn from both their success and failure.
- We're focused on building vehicles people can afford immediately, without the necessity for long term returns on investment.
- We're taking an alternative approach to battery technology and integration into vehicles to facilitate a better customer experience for pickup truck owners.
- We're slowly rolling up production efforts at a consistent pace, ensuring that we can meet delivery expectations while keeping cost low.
Major automakers have pledged billions in investments to develop electric vehicles, how can Atlis Motor Vehicles compete?
Existing automakers, including Tesla, are following the same path for electrification of vehicles. Cylindrical and OEM provided prismatic cells, existing major battery suppliers or cell construction, low quality expectations given history of vehicles, and complex and buggy user interfaces that mirror their ICE counterparts.
While major automakers make public statements of investment into electric vehicle technologies, with pledges to develop and begin shipping 10's of vehicles in the next 5 years. Having a broad focus accross many different vehicle types and platforms can create distractions, and result in excessive spending. Existing automakers are investing heavily into battery electric, hybrid, and fuel cell technologies, while Atlis Motor Vehicles is taking a 100% battery electric approach.
Atlis Motor Vehicles is blazing a different path of vehicle architecture, focused on purpose built designs versus contracted plug and play designs. Atlis Motor Vehicles is taking a different, much faster path to customer acceptance of electric vehicle designs.
Sources:
GM, Ford, Nissan, Toyota, Daimler, GM battery, Tesla Battery, Lucid Motors Battery
You're claiming 15 minute charge times, others are saying the technology doesn't exist, how can you make this work?
Atlis approach to all technology is simple. We start with the needs of our customer, then investigate existing technologies that are available today and what's available tomorrow. From here, we develop a solution that meets those expectations, not by bending the rules of what's possible, but by making what is possible work for us. Using this approach, Atlis Motor Vehicles has developed a battery pack solution, using off the shelf technologies available today, that achieves our goal for range, charge times, and safety.
Automakers have indicated they are making investments in rapid charging stations, how is AMV different, or how will AMV address this?
Atlis Motor Vehicles knows that other automakers will be making investments in charging technologies. However these are slow stepping tones forward, and will need to be upgraded once again when new higher power vehicles are developed. Atlis Motor Vehicles is taking different approach, we're developing a technology that should support the needs of vehicles for the next 20 years. Future generations of our charging stations may support greater power for faster charging, but will ultimately result in smaller more efficient charging stations and better power management.
Article for more information regarding incumbent efforts: https://electrek.co/2017/12/05/bmw-porsche-electric-car-charging-450-kw-charge-rate/
Battery technology is changing rapidly, how will Atlis stay ahead of this?
By 2025, battery technology should allow for a 5 minute charge time. Atlis Motor Vehicles recognizes this reality, and our focus will be to adopt this technology as it becomes available. There is a cost versus implementation analysis the must be done. Atlis Motor Vehicles believes our vehicle can deliver a very competitive customer experience today that will only get slightly better as technology improves, versus delivering an "ok" experience today with a massive improvement tomorrow. Our approach to vehicle architecture and design is to develop a vehicle which can quickly adopt new battery technologies without the necessity to perform a complete vehicle or platform re-design. This same vehicle architecture would allow this rapid adoption approach to be available for many different vehicle technologies including but not limited to; propulsion, self driving technology, HVAC technologies, suspension and driveline technologies, towing, and beyond.
Our approach to new vehicle designs allows Atlis Motor Vehicles in constantly improve our vehicles and technology with minimal capital investments and expenses, throughout the life of a product.
Why not do battery swaps versus fast charging?
Atlis Motor Vehicles started with an idea to swap out batteries. We looked at multiple different options including pull up stations, side swapping, having a "car wash" model where the system glides the vehicle through while swapping out cells. This solution was explored in depth, but faced a number of challenges. The largest challenge of note was that vehicles come in many shapes and sizes, and trucks can tow trailers of an infinite number of shapes and sizes. The idea of using a car wash, or in ground swapping station required too many variables to align in order to make this feasible, coupled with the fact that battery charging rates and energy are accelerating in development, the idea was then abandoned.
Other automakers have tried and failed or partially succeeded to enter the pickup truck market, how will Atlis Motor Vehicles succeed?
Atlis Motor Vehicles is focused on providing the best pickup truck at the best price. Our pickup truck will be American Made, American Owned, and will beat any gas or diesel pickup truck in a side by side comparison. We're focused on keeping in line with the passion behind those that own pickup trucks. Whether the truck is used as a work truck, for some off-road adventures, taking the boat to the lake, taking the RV for a weekend camping trip, or just hauling the groceries back home.
Will Atlis Motor Vehicles need to raise more funding in the future?
Yes, Atlis Motor Vehicles will need to raise funding in the future as we work towards mass producing the Atlis Motor Vehicles XT Electric pickup truck.
Will the the Atlis Motor Vehicle's have self driving technology?
Atlis Motor Vehicles plans to include self driving capabilities with all vehicles and vehicle platforms as standard features. We are currently looking at partnerships in development of this capability to be included in all vehicles. Partnerships will allow us to reduce cost of development, and integrate with other vehicles on the road.
How will Atlis Motor Vehicles gain recognition and traction in the market?
Atlis Motor Vehicles has a plan specifically focused on utilizing new and innovative methods to build brand awareness.
Insourcing versus Outsourcing?
For the prototype stage of development, Atlis Motor Vehicles will utilize many outsourced components, solutions, and partners. This will allow us to very quickly develop and implement key features for the prototype and proof of concept vehicles.
For development of the manufacturable pickup truck manufacturing systems, as well as sustaining efforts, Atlis Motor Vehicles will ramp to an insource model, where in house expertise is developed accross many different technical engineering, marketing, and sales teams.
What is our hiring strategy?
Atlis Motor Vehicles is primarily focused on hiring technical team members to both guide and directly develop our pickup truck. Here is a very high level view of team hiring efforts.
- 75% technical
- 20% customer relations, people, and infrastructure
- 5% leadership
What is the size of the battery pack?
Atlis Motor Vehicles chooses not to disclose the actual capacity of the battery pack in terms of mAh or KWh at this time. Our goal is to provide a vehicle that performs above expectations, keep cost low, and charge times at 15 minutes or less.
Why did Atlis choose battery electric versus a fuel cell powered vehicle?
Fuel cell vehicles, although almost 2x efficient when compared to a gas/diesel vehicle (source: fuel cell efficiency), the generation of hydrogen is incredibly inefficient. Only 30% of the energy used to produce hydrogen is extracted from hydrogen. (source: energy to produce hydrogen, energy density of hydrogen). This combined with the efficiency of a fuel cell, you are left with a net efficiency of ~18%, meaning that only 18% of the energy used to produce hydrogen is used to power a vehicle. Meanwhile, a battery electric vehicle is typically capable of a minimum efficiency of 58% (source: BEV efficiency)
Will the Atlis Motor Vehicles' XT pickup trucks meet all safety standards?
Yes, the Atlis Motor Vehicles T series pickup trucks are intended to meet all safety and performance standards as outlined by, but not limited to, such groups as the The National Highway Traffic Safety Administration (NHTSA), Federal Motor Vehicle Safety Standards (FMVSS), or the Society of Automotive Engineers (SAE) test and performance requirements.
When will Atlis Motor Vehicles create a board of directors?
Atlis Motor Vehicles has two different strategies for board members and advisors.
Vehicle Advisory Board
Atlis Motor Vehicles will seek out advisors who have industry experience that can assist in building relationships or finding expertise in various parts of the business. Each member of our advisory board will be someone with a specific skill set required to guide Atlis Motor Vehicles through the next phase of our business' growth.
Board of Directors
Atlis Motor Vehicles will begin seeking out board representatives upon completion of our pickup truck prototype and begin our second round of funding.
