Atlis Motor Vehicles is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$203.00 minimum investment

Atlis Motor Vehicles

The electric pickup truck with no compromises

Small OPO
MESA, AZ
Engineering
Accepting International Investment

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 create 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 truck that can benefit significantly from electrification. If we're going to deliver an all-electric pickup truck, it must not require compromises."


- Mark Hanchett, Founder

Atlis Motor Vehicles is designing and building a 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, developed small-scale prototypes of critical 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.

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 An investor will be randomly chosen to win 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.

*1 Entry for every 100 shares purchased

*Winners will be selected within 30 days of completion of fundraising

*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 the success of Atlis Motor Vehicles starting production


Level 0 Perk

Level 0 Perk

Less 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 a 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. 

THE ELECTRIC EXPERIENCED NEEDS AN UPDATE

RETURN ON INVESTMENT TAKES A LONG TIME

Electric Vehicles are expensive. Prices start at $24,000 and are as high as $150,000. With such high priced vehicles, returns on your purchase can take 3-5 years before realized.


Consumers are looking for more immediate returns when purchasing a vehicle. 


Sources:

Tesla Cost of ownership


Workhorse Group


Nikola Motors Cost


Tesla Semi Truck Price

 

LOW RANGE

Leading 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.


Source: 

Fleetcarma


CHARGE TIMES ARE SLOW

The 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.


Sources:
Cleantechnica


Chevy Life


Elektrek

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 most significant progress in innovation and shared investment is battery electric. The capability exists today to be competitive, and you have to go for it.


Sources:

GM platform


Toyota Fuel Cell Vehicles


GM/Honda Fuel Cell

THE ATLIS MOTOR VEHICELS XT PICKUP TRUCK












Capable

Expected Towing Performance

  • Grade-ability: 65mph at 8%
  • 5th wheel/gooseneck trailer tow rating: Up to 35,000 pounds GCWR*
  • Hitch trailer tow rating: Up to 18,000 pounds*
  • Payload rating: Up to 3,500 pounds*

Expected Acceleration and speed

  • 0 to 60 mph unloaded: Less than 5 seconds
  • 0 to 60 mph at max GCWR: Less than 18 seconds Top Speed:
  • 120mph (electronic speed limited)


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.

Key Features

  • Expected Standard Range: 300 miles
  • Optional: 500 miles
  • Expected Charge time: 15 minutes
  • 2 door and 4 door options
  • 5-foot and 8-foot bed with dual rear wheel option
  • True four-wheel drive with independent power delivery for maximum traction control
  • Single speed direct drive gearbox
  • Independent air spring suspension front and rear
  • 15 inches of ground clearance
  • Massive Front storage space
  • 360 Degrees of camera view with in-cabin digital mirror displays
  • Autonomous driving capable
  • Regenerative electronic braking with independent wheel control
  • Accessory power pack and plugs available. To power your tools and gear when you're away from it all. 
  • Power windows and locks
  • Remote heating/cooling for those that loved their remote start
  • Electronic window dimming to replace those pesky sun visors and keep the heat out in the summer 
  • Vinyl Floors



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's capabilities and charging infrastructure. So we're developing a battery electric truck, a battery electric truck platform for other vehicle up-fitters to utilize, a charging network, and a payment processing system, which will help us deliver the best vehicle owner experience possible.

The XT Pickup Truck

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


The XP Platform

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.

Advanced Charging Station

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 also expected to be made available with vehicles. Atlis Motor Vehicles is 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. 

SUPPORTING THE AFTERMARKET COMMUNITY




Let's face it, we love our pickup trucks, but we 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.



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 made 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 truck online in just a few minutes.


DIRECT PURCHASE

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. 

SUBSCRIPTION

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. 

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


2016 Top 5 Vehicles Sold

Courtesy: goodcarbadcar.net

Governments and organizations are pushing for electric solutions

WHO WE'RE BUILDING IT FOR

TRACTION

Current traction


We are currently taking reservations! We received $30 million in pre-orders in the first 24 hours of the offering.


"I love the idea of electric, and I know everything is going electric, I don't think an electric pickup truck works. But, If you built that today, I'll buy it." Kurt, drywall and paint repair specialist.


THE COMPETITION

General Motors/Chevrolet

SIERRA/SILVERADO

Gas / Diesel / Hybrid versions. Full-size trucks. 1/2 Ton to 1 Ton models. #2 selling vehicle in America.


GM is planning 20 new electrified vehicles over the next six years. Conceptual mention of an electrified truck platform using fuel cell technologies.


Source: GM electric

Ford Motor Company

F_SERIES

Gas / Diesel/ Hybrid versions. Full-size trucks. 1/2 Ton to 1 Ton models. #1 selling vehicle in America.


Ford to spend over $5 billion over the next five years on electrified vehicles. Including battery electric and hybrid vehicles. Ford has mentioned the development of a hybrid pickup truck.

Source: FORD electric

Fiat Chrysler Automobiles

RAM

Gas/ Diesel / Hybrid versions. Full-size trucks. 1/2 Ton to 1 Ton models.


The parent company is investing > $11 billion in EV technology for Mercedes branded products. Including Electric vehicles and battery factory. No mention of an electric pickup truck.


Source: Daimler Electric

Nissan Motor Company

TITAN

Gas and Diesel options are available. Full-size truck. 1/2 Ton models only.


Nissan is launching 12 new electrified vehicles over the next five years. No mention of an electric truck.


Source: NISSAN Electric

Honda Motor Company

RIDGELINE

Gas and Diesel (location dependent) options only. Small, mid-size class truck.


Investing $6 billion in vehicle research, with two new vehicles expected by 2018. Honda is investing heavily in battery technology and fuel cell technologies.

Source: Honda Electric

Toyota Motor Corporation

TUNDRA

Gas and Diesel (location dependent) options only. Full-size truck. 1/2 ton models only.


Toyota is making significant investments in hybrid and fuel cell technology. With an expectation that 1/3 of all vehicles sold will be electrified by 2030. No mention of an electric truck.

Source: Toyota Electric

Workhorse Group

W-15

Hybrid Utility Truck. 80 Miles on 100% electric, with BMW 3 cylinder range extender. 1/2 Ton equivalent model only. Significant verbal pre-orders committed by fleet customers.


Workhorse group is currently raising money to begin development of production capabilities for their W-15 pickup truck

Source: Workhorse Group

Bollinger Motors

B1

100% Electric Sport-Utility Truck. Up to 200 miles of range. 15 inches of ground travel, 4 wheel drive.


Source: Bollinger

Tesla

UNKOWN

Unknown, assumptions are: May have Tesla SEMI design cues. Will most likely be capable of hauling cargo, with 30 minutes to 80% full charge times. Range and cargo hauling capability will be competitive. Has significant charging infrastructure in place today.

DEVELOPING ATLIS MOTOR VEHICLES

For any light to heavy-duty truck, one of the most critical aspects is whether or not the vehicle can meet the demanding performance expectations. How much can the truck tow? How much cargo can the vehicle haul in the bed? How far can the truck travel on a single charge? 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


  • 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 significant challenges.


WHAT WE'VE BEEN DOING......

Completed Feasibility Study

Scale Test of Battery Pack

Selected components and designed vehicle architecture

Meeting with our customers

Completed our concept design

We have a plan

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.


Having the support of our customers and community helps us to validate that we're doing the right things for the customer.


So join us, and invest in Atlis Motor Vehicles.

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 financing 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 pickup truck. 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 the development of production capabilities to begin delivery of the first Atlis Motor Vehicles XT pickup trucks in 2020.

$9,999.78 raised


Product Development

  • Complete interior design concepts


Funding Campaign

  • Increase campaign efforts as we work to gain market visibility. 
  • Create campaign video for Startengine.com page. 


Vehicle Interest Campaign

  • Launch marketing campaign to take pre-order interest for the Atlis Motor Vehicles XT Pickup truck.


$348,000.00 raised


Product Development

  • Rapid charging vehicle battery pack.
  • Prototype Vehicle Charging Station
  • Atlis Motor Vehicles XP platform vehicle concept.


Facilities and Location

  • Team will use founder and friend's garage locations, along with partner prototype facilities to develop prototypes.


Team Members 

  • Atlis Motor Vehicles will utilize minimal efforts from team members, while heavily leaning on partnerships to accomplish our prototype goals. 


Funding Campaign

  • Continue social media campaign to raise funding
  • Create campaign video for Startengine.com page.


Vehicle Interest Campaign

  • Launch marketing campaign to take pre-order interest for the Atlis Motor Vehicles XT Pickup truck.


$1,035,714.41 raised


Product Development

  • Prototype Vehicle Charging Station
  • Atlis Motor Vehicles 75T pickup truck prototype vehicle. 


Facilities and Location

  • A permanent residence and prototype facility will be established. Two locations are currently in the running. 


Team Members 

  • Atlis Motor Vehicles will bring on full-time team members who have previously worked part time on efforts
  • Atlis Motor Vehicles will lean on industry experts to assist in developing prototype components and final vehicle assembly.


Funding Campaign

  • Continue social media campaign to raise funding
  • Create campaign video for Startengine.com page. 


Vehicle Interest Campaign

  • Launch marketing campaign to take pre-order interest for the Atlis Motor Vehicles XT Pickup truck.

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 an uninterrupted delivery of a fantastic product. We plan to start slowly and earn the right to invest more as we grow.


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 critical 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

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 think 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 vehicle solution, and the desire to keep prices at the appropriate price point meant someone had to step up and perform; this is Atlis Motor Vehicles' purpose.

Tesla has a large lead in electric vehicle technology, what makes you different?

Tesla 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 a 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 five years. Having a broad focus on many different vehicle types and platforms can create distractions, and result in excessive spending. Existing automakers are investing heavily in 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 a purpose-built design versus contracted plug and play designs. Atlis Motor Vehicles is taking a different, much faster route 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 is 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 small stepping stones forward and will need to be upgraded once again when new higher powered vehicles are released. Atlis Motor Vehicles is taking a different approach; we're developing a technology that will 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. Atlis Motor Vehicles believes our vehicle can deliver a very competitive customer experience today that will only get slightly better as technology improves, versus providing 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 to continually 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 many challenges. The most significant 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 a variety of stations to be built that can accommodate smaller passenger cars to large semi trucks, as well as vehicles towing trailers 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 will remain 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 the development of this capability to be included in all vehicles. Partnerships will allow us to reduce the cost of development, manufacturing, 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. The selection of key vendors for non-critical components will allow us to very quickly develop and implement critical features for the prototype and proof of concept vehicles.


For the 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 grown across 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 contribute to the development 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 units 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.  


WHERE WE'VE BEEN, AND WHERE WE'RE GOING...

Truck prices have steadily increased over the years, electric is catching your attention, and we felt it was time to start working towards a better goal.

Offering Summary

Maximum 3,571,429* shares of common stock ($1,035,714.41)

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

Minimum 34,482 shares of common stock ($9,999.78)


Company
Atlis Motor Vehicles, Inc
 

Corporate Address
7259 E Posada Ave, Mesa, AZ 85212
 

Description of Business
XT pickup truck, charging station, and infrastructure manufacturer
 

Type of Security Offered
Common Stock
 
Purchase Price of Security Offered
$0.29
 

Minimum Investment Amount (per investor) 
$203.00











Perks*

Atlis Motor Vehicles will offer additional perks for those who invested in us at such an early stage. 


*All investors*


If we reach our $1 million dollar goal


  • An invitation to our unveiling of the Atlis Motor vehicles plug in electric pickup truck
  • 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.

*1 Entry for every 100 shares purchased

*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 trucks 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.


Level 0: Less then $1015 investment. $500 off your purchase of an Atlis Motor Vehicles XT pickup truck. A special invite to the public unveiling event of the 100T pickup truck.

Level 1: $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 100T pickup truck. An Atlis Motor Vehicles pickup truck.

Level 2: $5,017 Investment. $6,000 off your purchase of an Atlis Motor Vehicles XT pickup truck. A special invite to a private test drive event where future owners and investors will be able to test drive our vehicles and give their feedback. 

Level 3: $10,005+ Investment. $16,000 off your purchase of an Atlis Motor Vehicles XT 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.


The 10% Bonus for StartEngine Shareholders

Atlis Motor Vehicles, 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 1,000 shares of Common Stock at $0.29 / share, you will receive 100 Common Stock bonus shares, meaning you'll own 1,100 shares for $290.   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 might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a contractor, or colleague; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$609.00 USD
-$1,251.00 USD
Cash And Cash Equivalents
$609.00 USD
-$1,251.00 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
-$41,140.00 USD
-$1,251.00 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

21 days ago

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

Hello!

As you might know, Atlis Motor Vehicles 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 Atlis Motor Vehicles 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

We are progressing forward, facing challenges, and working to push through.

about 1 month ago

Hello everyone,

I wanted to write to the community and provide a few updates to our projected schedule, as well as some progress news related to the company. 


Battery Pack Update and Schedule Change

As everyone knows, we have been progressing forward with development of our full-scale battery pack as our primary near-term objective. As we have progressed forward with this innovative design, it's inevitable that challenges will arise, and we have seen our fair share. We have pushed and progressed as much as we could, but it appears that we will be unable to showcase our pack during this month of June 2018. This is unfortunate and not something we take lightly. 


The major challenge we're facing is related to the manufacturing of the individual cells. Because we are developing an alternative cell construction; the processes and tooling necessary to achieve our goals can be difficult to develop and time-consuming to produce during the prototype stage. While we continue to address challenges related to cell construction, we are making great progress in the cell enclosure and pack assemblies which are also key components needed to make this possible. We will begin sharing greater details about our pack design over the coming weeks in an effort to bring greater transparency in how we are achieving our goal to deliver the fastest charging pickup truck on the market. 


Schedule Update: Pack debut Moved to August 2018

We are projecting that the latest schedule update will put us into August for delivery of the rapid charging battery pack alongside our XP Truck Platform debut. 


Key items to complete before pack can be shown. 
Here is a high-level overview of key items we must ensure are completed prior to the debut of our battery pack

  • Resolve issues with cell construction relating to delayed delivery
  • Test and qualify each cell for assembly into the main pack
  • Characterize pack and configure BMS to ensure pack performs as designed and safely. 
  • Complete assembly of each individual module within the larger battery pack. 
  • Complete discharge and charge cycle testing to ensure BMS, thermal management, and vehicle charger integration is operating properly before the pack debut.


Continued Risks

  • Since we are developing a new pack assembly and architecture, the system is prone to faults until processes and material quality can be properly controlled with investments in proper manufacturing equipment. We are working to mitigate these risks and develop a list of lessons learned and concerns which must be addressed to meet our long-term goals.
  • Ensuring that our battery partners are willing to maintain long-term relationships. As LG, Samsung, Panasonic, and CATL continue to dominate the current automotive battery space, smaller players which we have worked with initially are beginning to shift their core focus away from the EV space. This is a high-risk item for us as smaller organizations are typically much more comfortable with research and development programs but can shy away due to influence and dominance in markets by larger manufacturers. To mitigate this risk, we are working to re-open conversations with larger organizations for our long-term, larger-scale manufacturing goals. In parallel we are also exploring opportunities to manufacture cells in-house, developing an understanding of the necessary steps and costs and how this translates to low volume R&D to high volume Gigafactory level efforts. 
  • R&D development of batteries can be expensive. To mitigate costs we have been utilizing as much off the shelf components and solutions as possible. For future efforts, greater investments in this area will be required for Atlis Motor Vehicles to be successful. 


Leadership Team Development

I am continuing in an effort to bring on individuals who can help develop the company from an early stage startup to a more mature and structured organization capable of properly executing on our goals. As part of this effort, I have been seeking out individuals with a vast amount of experience in early-stage bootstrapped startups, business development, operations, and automotive expertise that can assist us in building a world-class organization. You can expect to begin learning more about our new team members and how they will help us continue to grow over the next several weeks.


We're finding a bigger home for Atlis Motor Vehicles
We have been a small bootstrapped startup working almost entirely out of a garage since inception. Moving forward, as we continue to grow our team and make progress in the development of our prototype vehicles, we are in need of a larger, more capable space. We have been making great progress in identifying a space here in the Phoenix area and hope to finalize the details by August 1st. This new office space will be our permanent home as we progress from an early stage company to development of manufacturing and engineering test vehicles. We will also be looking at satellite locations in the mid-west as well as the west coast where specialty skills and manufacturing partners can work in close proximity. 


Thank you so much for your time, we greatly appreciate the support you have provided and look forward to a better future. 

Mark Hanchett

CEO Atlis Motor Vehicles


P.s. Below is a quick teaser sketch that our vehicle designer, Ross, has been developing as we work towards the final design of that Atlis Motor Vehicles XT pickup truck.

Amending our Securities Offering

about 1 month ago

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


Atlis Motor Vehicles, Inc has extended their offering.


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.

Notice of Funds Disbursement

2 months ago

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

Hello!

As you might know, Atlis Motor Vehicles 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 Atlis Motor Vehicles 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

3 months ago

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

Hello!

As you might know, Atlis Motor Vehicles 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 Atlis Motor Vehicles 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

Concept picture of the interior

4 months ago

Hello everyone, as promised when we reach the first approximate $10k mark we would complete development of our interior concepts. Here is a quick look at the possible interior for the vehicle. This is very preliminary and is still in development but clearly gives a representation of what we're attempting to develop here. The center cheat will have a fold-down armrest/cupholder/and storage compartment which can be folded up to make a 3rd seat for a grand total of 6 seats in the vehicle.

Our Team

4 months ago

Several individuals have expressed interest in knowing who our team members are. We have several team members with expertise in marketing, battery technologies, electrical engineering, mechanical engineering, design, and software development.

Battery Expertise - With years of experience in development of electronic systems and battery design, our team is made up of experts in battery chemistry, custom battery pack design, battery cell design, charging systems, and thermal management. Using our vast experience in these fields, we're developing a unique battery pack, charging system, and cell design to significantly increase charging speeds and maintain thermal efficiency while delivering a vehicle battery pack that can last an expected 10 years. 


Electrical Engineering - Our team is made up of experts in high and low voltage systems, DC-DC, AC-DC, and DC-AC systems, battery charging, power supplies, more. Our electric engineering team has vast experience in developing ultra high efficient systems in high compact configurations. This expertise is what will help us succeed in developing a very low power, highly efficient, and compact vehicle drive systems for our Atlis Motor Vehicles XT and XP products. We expect to grow our team in 2018 as we look to bring in expertise in vehicle controls, infotainment, vehicle dynamics, propulsion and traction control systems, self driving technology, lighting, instrumentation, and beyond.

Vehicle Body Engineering - We are quickly developing and acquiring internal and external expertise in vehicle body structures. Team development will be centered around designing for manufacturing, designing for safety, and design for quality.

Vehicle Design - We have two designers on staff, and an expert vehicle designer waiting to come on board within the next 2 months. With these 3 individuals Atlis Motor Vehicles will be able to rapidly accelerate our design efforts as we work towards development of our prototype Atlis Motor Vehicles pickup truck.

Software Engineering - Atlis Motor Vehicles has internal software expertise in embedded systems, high and low voltage systems, as well as battery management systems. As part of our continued progress for 2018, we will be bringing on more team members to help develop our vehicle propulsion systems, vehicle dynamics, infotainment, and instrumentation, sensors, as well as integrations for outside partners in autonomous driving technologies.

Interior and Comfort - We recognize that there are a large number of external experts in development of interior and comfort components for vehicles. Once we have finalized our design concepts for the vehicle interior, we will be engaging with external partners to develop seating, safety, and other comfort systems.

Vehicle Dynamics - Vehicle dynamics such as steering, suspension, traction control, and other systems will be developed in partnership with external vendors. Atlis Motor Vehicles is currently developing an internal team to lead this development effort with the help of external expertise.

Vehicle Manufacturing - Atlis Motor Vehicles has several open positions available to lead our vehicle manufacturing development team, and will update this information as we identify and find such individuals.

Team Size today: 5 people
Expected team growth: We expect to grow our team size to 50 people through 2018 and into 2019.

Atlis Motor Vehicles team,

Answering some questions from Social Media inquiries

4 months ago

A few parties through social media have asked various questions regarding the proposed solutions. 

Performance at Temperature: Atlis Motor Vehicles is currently in development of a solution which minimizes the impacts at temperature. Our approach to solve this problem is a combination of efforts; selection of a battery chemistry which has the broadest range of temperature performance possible, development of a battery cell with improved thermal efficiency, and development of a battery enclosure and thermal management system which minimizes thermal losses. We are working through details of the larger scale pack to be developed, and there is a potential risk in each of these efforts but we're confident that our solution will be viable. We are not re-inventing technology, we are applying existing technologies which exist separately into a combined systematic solution.  

Accessory systems reducing drivable range: We have a proposed solution going into our vehicle development which minimizes these impacts. We will share significantly more details soon regarding this design once our intellectual property filing has been completed. Please note that our goal is to overcome challenges such as this, we see the impacts of accessory systems such as lights, HVAC, entertainment, and self driving technology as a major hinderance to electric vehicle adoption and have recognized this as one of our core  challenges we must solve before product launch.

Towing Range: Similar to an ICE vehicle, available range when towing a trailer or carrying a significant payload in the bed of the pickup truck. We understand this impact and are working to ensure that available ranges when towing a trailer is competitive with your experiences in an ICE vehicle today. Pickup trucks are working vehicles, and we believe that expectations should be that the vehicle performs as close to the capabilities of an ICE vehicle as possible. No compromises. 

First 23 hours, and we've reached goal #1.

4 months ago

Hello everyone, thank you so much for the support. We've met our first goal within the first 23 hours, that is awesome! We still have a long ways to go, and to those that have committed to supporting us, you are awesome and we greatly appreciate everything you've done.

Atlis Motor Vehicles team

Our Perks! Why the vehicle give away?

4 months ago

A few individuals have had questions regarding our perks, such as why are we giving away a Ford Raptor?

We understand that developing an electric vehicle company is a very risky venture, and we wanted to offer an exciting incentive beyond the typical discounts and event invitations for our early stage investors. We're all about pickup trucks afterall. So if you invest today, we'd love to have you on board, and 4 of you could win one of our trucks, while the fifth person will receive a Ford Raptor AND be able to trade it in for one of our 75TOR (off-road) vehicles when we begin shipping. We'd love to have you on board, and let's have some fun while we're at it.


Our first full day is underway!

4 months ago

Hello everyone, our first full day for our offering is underway. We're very appreciative of the support we've received so far, thank you so much. 

Atlis Motor Vehicles team

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