The Ampere Motor offering is now closed and is no longer accepting investments.

Ampere Motor

$9,900 Electric Sports Roadster

Regulation Crowdfunding
Santa Monica, CA
Transportation
Accepting International Investment

Bringing Stylish, Innovative Electric Vehicles to the Modern Consumer

Invest in Ampere Motor

Ampere Motor aims to produce vehicles that are as stylish as they are affordable. Our three-wheel roadster is just under $10,000, making our vehicle accessible to everyone, not just the wealthy. People love that our roadsters are sophisticated, sleek, and fun to drive.


We have seen that many environmentally conscious people are consumers who have opted to trade out their traditional gas-guzzling vehicles for cleaner alternatives. 


According to a recent report from the International Energy Agency (IEA), 2016 was a record year for electric vehicle (EV) sales. More than 750,000 EVs were sold worldwide last year, compared to 547,220 sold in 2015.  While that may sound like a lot, according to the same agency, it’s actually only 0.2% of the estimated 250-260 million vehicles on the road in the United States today.

 

Why so few? We believe it comes down to two reasons: lack of access and lack of options.

 

Most electric cars do not come cheap. A Tesla roadster goes for just over $100,000, according to the Tesla website. 

  

Even for less sophisticated “economy” models, the average price tends to sit at around $40,000, based on Consumer Reports. The census bureau states that the average American household income barely exceeds $55,000 so how can a majority of people afford the current high priced electric cars?


Tony Chan

Founder, CEO, and Director

Our Mission is to Build and Sell Exhilarating, Safe, and Affordable Electric Vehicles for the Masses.

The Ampere Motors Story

The Ampere Motor team consists of passionate and highly experienced car designers, engineers, and race drivers. Our Co-Founder Tony Chan has been a car fanatic all his life. He started waxing his neighbors’ cars for pocket money when he was seven and repaired classic cars to pay for his tuition and expenses when he was at UCLA. He then worked as a software engineer at Microsoft and built race cars on the side. Tony then left Microsoft to start his venture in product design and manufacturing; he successfully supplied various product lines to large national retailers such as Sears and Lowe's.


Tony and his partners started the Ampere project more than four years ago to design and build green, affordable, and exciting vehicles for everyone to enjoy. Currently, Ampere is working with world-class designers and engineers from the same institutions from which the designers of Audi, Mercedes, and Ferrari designers come.


The body of the Ampere Roadster combines vintage race car elements as well as futuristic curves and lines. Even the Sharks on Shark Tank said it looked amazing and everyone who sees it will most likely want to get behind the wheel.

Some of the first vehicles to hit the market at the turn of the 20th Century were three-wheel roadsters. Today Ampere is putting a 21st Century twist on that model, creating sporty roadster convertibles that look like they belong on an Italian racetrack. Registered as motorcycles, they only require a regular driver's license to operate.

 

Our three-wheeler offers up to 160 km of range in its most basic configuration, while owners who wish to take more extensive trips can upgrade to up to 240 km. Regardless of battery life, the sprint from 0 to 60 mph takes about eight seconds, and top speed checks in at about 100-120 km/h (60-75 mph). 


Recharging the three-wheeled ‘one’s’ battery takes about 5-6 hours when plugged into a regular household power outlet; about 2 hours via a level 2 charger. Once charged, the charge will last for up to 160 km before requiring another charge.

“We wanted to make an electric car that is affordable to as many people as possible, so we designed the ampere 1 to be simple and practical. at the same time, it’s also stylish like an exotic sports car and really fun to drive. our team has been driving race cars for over 20 years, so we use a lot of race car technology in this car. it’s built with a very strong and lightweight race car derive tubular chassis and a double wishbone suspension similar to that of luxury sports cars.”


Tony Chan

Co-Founder of Ampere Motor

The Ampere Motor Electric Roadster

Specifications

Subject to change as we finalize mass production.


  • Range: up to 100 miles, upgrade-able to 150 miles for $2800
  • 0-60: about 7-8 seconds
  • Top speed: 60-75 mph for mostly city driving, optimal efficiency, and safety
  • Smart regenerative braking and automatic transmission
  • Trunk space: Fits about the size of one golf bag
  • Windshield comes standard
  • Warranty: 3 years
  • Includes charger that conveniently charges in a regular outlet in 5-6 hours. With a level 2 charger, it charges in 2-3 hours

Options

Costs are approximate.


  • Removable hardtop: $1500
  • Radio and stereo system:$299
  • AC/Heater system: $1000
  • 10 colors: silver, red, black,white, blue, green, gold, grey, purple, bronze

The Offering

Investment
$63/share of Common Stock│When you invest you are betting the company’s future value will exceed $61.2M.


Perks*

$700+ Ampere T Shirt & 3% discount on your Ampere purchase

$2000+ Personal tour of our factory in California & 6% discount on your Ampere purchase

$5000+ Personal tour of our factory in California & 10% discount on your Ampere purchase

$20000+ Personal tour of our factory in California & 15% discount on your Ampere purchase & personalized graphics on vehicle 


*All perks occur after the offering is completed.  All discounts are limited to purchase of 1 vehicle

CNBC and Shark Tank

How Do We Keep Prices So Low?

As explained during our appearance on Shark Tank, we designed the Ampere Roadsters to be simple and practical, similar to Henry Ford’s vision when he built the Model T. In addition, we have developed an innovative manufacturing and vehicle system. These require only a few million dollars for mass production and worldwide sales to begin.


Ampere Motor has already started production on chassis and powertrain components.  We are already more than 80% mass production ready right now, and our goal is to become profitable once our first run vehicles finish production later this year.  We believe this is an absolute first in this industry.


At launch, our initial low-volume gross profit margin should be at least 20%. Within two years, we anticipate high-volume profit margins of between 25 and 40%. Ampere has already received hundreds of pre-orders over the past few months and demand is only increasing.


With your investment, Ampere Motors will target fulfillment of our current pre-orders and further our goal of helping more people to drive toward (and for) environmental sustainability.

We Have Already Received Hundreds of Pre-Orders

When we showcase our Ampere Roadster, most of the people who it becomes excited enough to place one on preorder. As we want to make our roadsters accessible to as many people as possible, we are requiring only $200.00 for reservations.

 

The Ampere Model

The Ampere roadster is perfect for a city commute and weekend fun. Our vehicles are designed to look and do great at the same time, for an affordable price. The windshield will be standard and optional removable top will be offered.

What Early Adopters and Investors Are Saying

“Just paid the $200 deposit for my new car!!!! I think this is an amazing idea and would be willing to invest. How do I invest?”


Brian

“Do you have more info on your electric car...  Your car I think is better than Tesla a price point the masses can afford. Good luck. Love more info and if you plan to take your company public.

Thank you."


Steve V.

“Hi, I'm quite interested in your car. Two questions I have. Would I be able to invest in this company, maybe an IPO coming?

Also, could I buy this car with a windshield and roof option or is one at least planned and when?”


Michael

"I guess you could say this new car is positively ELECTRIFYING! In all seriousness, it looks absolutely fantastic for a vehicle that is much more affordable than most other cars on the market. Two thumbs up from this guy."


Brandon Cade

“The unusual vehicle (it will need to be registered as a motorcycle) on display was just a prototype, but it's one that the team has apparently been testing and driving for a year already. Co-founder Tony Chan said that what you see is 90-percent production ready and that the plan is to start building these trikes in the summer of 2018.” 


Forbes

Just How Big is the Market?

According to a recent article in Forbes, the total number of electric vehicles globally is poised to climb from 1.2 million in 2017 to 1.6 million in 2018. This trend is only expected to continue, with an estimated 2 million electric vehicles on the road in 2019.

 

This is a fantastic beginning for growth. We’re even more optimistic about growth than the above numbers. Other companies, following Ampere’s footsteps by making electric vehicles more affordable and exciting, can speed up adoption among segments of the market that are currently priced out.

The Ampere Motor Difference

We want drivers of our roadster to stand out in their vehicles. We want them to stand out as a result of the cutting-edge design, and also because driving a vehicle that’s affordable and green makes an appreciable, positive difference for the world.

 

To date, we have pre-sold around 400 Amperes for $200.00 pre reservation, which translates to more than $4-million dollars in future receivable sales. This has all happened just in the past couple months since our initial launch.


This is just the beginning. As more people learn about our exciting, affordable, and green vehicle, we expect momentum to build. 

With your investment, we can fulfill our current orders and begin the work of taking Ampere Motor to even grander heights. Again this is a first in the industry, and our goal is to deliver up to 100,000 Amperes within the next four years.  Invest in Ampere Motor today, and help us spark the next electric-vehicle revolution in the automotive industry.

In the Press

This firm says its electric cars will cost under 10k
October 1, 2017

Ampere Motor USA will make affordable electric sports cars — which you can purchase for less than $10k, says the company's President Tony Chan

Offering Summary

Maximum 1600 shares of Common Stock ($100,800)

*Maximum subject to adjustment for bonus shares. See 10% Bonus below

Minimum 160 shares of Common Stock ($10,080)


Company
AMPERE ELECTRIC CARS, INC.
 

Corporate Address
395 Santa Monica Place, Unit 308, Santa Monica, CA 90401
 

Description of Business
Ampere Motor USA designs and manufactures electric vehicles that are beautiful, fun-to-drive, and affordable.  Ampere has already built a couple of working prototypes and is getting ready to start mass production in 2018.  Ampere plans to sell vehicles worldwide.

 

Type of Security Offered
Common Stock
 
Purchase Price of Security Offered
$63 per share
 

Minimum Investment Amount (per investor) 
$189












Perks*

$700+ Ampere T Shirt & 3% discount on your Ampere purchase

$2000+ Personal tour of our factory in California & 6% discount on your Ampere purchase

$5000+ Personal tour of our factory in California & 10% discount on your Ampere purchase

$20000+ Personal tour of our factory in California & 15% discount on your Ampere purchase & personalized graphics on vehicle 

*All perks occur after the offering is completed. All discounts are limited to purchase of 1 vehicle


The 10% Bonus for StartEngine Shareholders

AMPERE ELECTRIC CARS, INC. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date.  This means you will receive a bonus for any shares you purchase.  For example, if you buy 10 shares of Common Stock at $63 / share, you will receive 1 Common Stock bonus share, meaning you'll own 11 shares for $630.   Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$0.00 USD
$0.00 USD
Cash And Cash Equivalents
$0.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$250,000.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Ampere Motor has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Ampere Motor be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Ampere Motor has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Ampere Motor be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Ampere Motor offering. Here's an excerpt describing the specifics of the change:


AMPERE ELECTRIC CARS, INC. has updated their financial statements.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Show More Updates End of Updates

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