The Electric Pickup Truck with No Compromises

We know that people count on their trucks. From long hauls to mini excursions, they lead to quiet roads and new adventures. From the weekend road-trip to the worksite and everything in between, the truck aims to be an ultra-reliable and practical.

We want to preserve these experiences. Atlis XT electric pickup truck strives to handle the needs of today and deliver more.

No burden of fluctuating gas prices. No hassle of long charge times or range anxiety.

Atlis Motor Vehicles is an early-stage startup company developing electric vehicle technology for work vehicles. We are in the design for manufacturing then test and validation phases. Our team is 10 members currently and expected to grow to over 65 people in the coming 12 months. 

"To build a better future, we need to create better alternatives. We created Atlis Motor Vehicles because pickup trucks are some of the most popular vehicles on the market and a vehicle that can benefit significantly from electrification. To deliver an all-electric pickup truck, it must not compromise the existing experience."

- Mark Hanchett, Founder -

Atlis Motor Vehicles is designing and building a plug-in battery electric pickup truck. We want to build a truck with unprecedented capabilities at a reasonable price. We also want to change the customer experience from sales, ordering, financing, and delivery to maintenance and service.

XT Pickup Truck Reservations

XP Platform Expressed Interest
Expressed interest for the XP Platform is in relation to conversations currently underway with potential customers who have expressed interest in development of a specialized vehicle using our XP Platform. This expressed interest should not be taken as a guarantee of sale. Customer interest here is anonymous until further public disclosure agreements have been put in place. Dollar Value for this includes a combined expressed interest of 50,000 XP Platforms at $27,000/platform for a total of $1.35B in interest.

Vehicle ownership has grown complicated. While reliability has increased, vehicle ownership has faced continued challenges. The introduction of electrification has not yet solved these challenges and has, in fact, introduced new challenges.

Vehicle Ownership Should be Easy

Vehicle ownership should be as simple as making a payment. No hassle and worry over maintenance and services. Through electrification, we're able to bring a new kind of ownership experience. While you can still directly purchase a vehicle online, we're launching a subscription ownership experience for fleet and individual customers.  

Subscription

One Monthly Payment

- Includes Maintenance (1 set of tires per year)

- Includes Vehicle Purchase

- Includes Insurance

- Reduced cost of ownership

The Atlis Motor Vehicles XT pickup truck is expected to cost you less to own, putting more money in your pocket:

To build the best electric truck, we are focused on building more than just the vehicle. We aim to build the entire experience upon the vehicle's capabilities and charging infrastructure. So we're developing a battery-electric platform, an electric pickup built on that platform, and a charging network - all of which will help us deliver the best experience possible.

Our 100% electric vehicle platform is capable of integration into RV's, box trucks, delivery vehicles and beyond. Capable of extending range, adding accessory battery power, and adding tandem axle configurations for medium and heavy-duty vehicles.

Capable of delivering enough power for our 15-minute charge times today, and 5 minute charge times tomorrow. We are looking to deploy along major highway corridors to enable long-distance travel, and key metro areas where Atlis customers are concentrated. With a Plug-and-charge experience, you would never have to waste time interacting with a screen and payment system.

RV Data
483,672 RV’s sold
$27,000 XP Platform expected price
483,672 x $27,000 = ~$13B

Source: https://www.rvia.org/business-indicators
Charging Market Data

Source: https://www.woodmac.com/news/editorial/growth-of-evs-will-require-massive-charging-infrastructure-build-out/

Used Truck Market Data

Total number of pickup trucks represent 18% of 276 million vehicles on the road. This number is based on $700/month subscription revenue for used vehicle market
Source: https://hedgescompany.com/automotive-market-research-statistics/auto-mailing-lists-and-marketing/

Full-Size Pickup Truck Market Data

*2.4 million full-size trucks sold in US in 2018, average selling price $48,377, equals a $116 billion+ market size

Source: https://www.freep.com/story/money/cars/2018/10/04/pickup-truck-prices-vehicles/1455588002/
http://carsalesbase.com/us-car-sales-analysis-2018-large-pickup-segment/

From the daily drivers to the off-roaders, from weekend warriors to the truck enthusiasts, consumers of all kinds will appreciate the ease of electric vehicle ownership with the capabilities they need.

Individuals and businesses who use trucks to do their job benefit from reduced cost of ownership, less repair time, a quiet vehicle on the work site, extra storage, and on-board power.

Up-fitters looking for an electric platform for delivery vehicles, people movers, RVs, and more will find the highly customizable XP platform can fit their varied needs.

The benefits of quiet and capable vehicles with redundant drive systems are obvious, and coupled with autonomous capabilities which should free up resources and keep troops safer.

The aftermarket is essential to Atlis Motor Vehicles' success. Trucks are tools for people to do a job and are among the most highly customized vehicles to suit a wide variety of purposes. As such, we want the truck to be adaptable to as many situations as possible to meet the needs of the various customers. We alone aren’t going to be able to do it, and there are tens of thousands of accessories and add-ons in the truck market already. We want our trucks to be customized, to do real work. Atlis Motor Vehicles wants to work with top aftermarket vendors to ensure that the XT can be tailored to meet any needs.

Atlis Motor Vehicles completed the rolling XP platform prototype in March of 2019, complete with suspension and steering systems integrated into our modular drive system design. The modular drive units are nearly identical front and rear, with the exception of the steering mechanisms. In the future, we believe 4-wheel-steer will be possible with this system, but by using this modular approach we are able to keep supplier and manufacturing costs down compared with traditional approaches. With this platform, we are performing testing and refining our design, such as improving our air-over-shock setup and creating an independent rear suspension dually version.

Our cell technology is developed to provide an unparalleled performance, capable of massive range and super-fast charge times due to its unique structure.

In October of 2018 we completed a prototype battery pack that we were able to fully charge in less than 15 minutes - under 13 minutes, actually - beating our goal by over two minutes. This battery pack was about 3 kWh in size, and was charged with a Chademo DC fast charge station. Our prototype pack has a unique cooling system for optimum temperature management during charging or operation. Atlis Motor Vehicles is in the process of scaling this pack to a larger size to continue testing.

It is expected that Ford and General Motors will release electrified and complete battery electric pickup trucks by 2021 and into 2022. It is still unclear what capabilities the electrified pickup trucks will bring to the market. Ram has not made any public announcements at the time of this writing indicating that they are working to develop an electric pickup truck. 

Tesla, Rivian, and Bollinger are other US-based EV companies that are also developing electric pickups. These developments are proof of the growing demand for electrification within the truck and SUV segment. 

Tesla CyberTruck

Tesla has released the CyberTruck, a unibody truck design. 

www.tesla.com

Rivian

Rivian has revealed the R1T, a mid-size pickup with a short bed. The truck is aimed towards the luxury/adventure market with pricing starting above $69,000.

www.rivian.com

Bollinger Motors

Bollinger Motors is developing a mid-size pickup called the B2. It will have a range of 200 miles and a focus on being a utilitarian work truck. They are currently taking pre-orders, although with pricing above $125,000, it will not be competing in the same market as us.

www.bollingermotors.com

Lordstown Motors

The Workhorse W-15 is now Lordstown Motors, is a plug-in hybrid (PHEV) with an all-electric range of 80 miles. Lordstown Motors has indicated that they are developing a complete battery electric pickup truck as an alternative for fleet customers. No specs or details have been released as the date this was published. www.lordstownmotors.com

Our current priority is to raise funding to complete our development and testing and take us into the early small-scale manufacturing phase. This includes expanding our facilities, growing our team, deploying charging stations, and more. 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 XT pickup truck. This effort will involve many short-term and long-term partnerships with organizations that can assist Atlis Motor Vehicles in bringing our XT pickup truck to prototype and to production. We are hoping to begin a pre-order campaign as we get closer to the start of manufacturing.

We want to give our supporters and future vehicle owners the opportunity to share in our financial success. Together, with the support of our community, we will continue the growth of our company and provide products that exceed customer expectations.

Having the support of our customers and community helps us to validate that we're satisfying the needs of the market.

So join us as an investor, a customer, and a follower.

Will Atlis expand into other types of vehicles such as passenger cars?

We believe in sticking to what interests us, and more importantly what the industry is most interested in. Car sales are declining while trucks and SUVs are increasing. We have no intention of developing an electric passenger car at this time.  We may consider other types of work vehicles, pursuing other styles that may make sense on our platform such as vans.

Where will you be selling your truck?

We plan for you to be able to purchase and receive your Atlis Motor Vehicles XT pickup truck within any of the 50 United States when we begin shipping.  We do not currently have a plan to sell internationally immediately following the launch, however, we are working on proposals for certain international markets and will provide more details in the future. Where we focus our efforts will depend on the opportunity in other regions.

How will you interact with the service and aftermarket communities?

Atlis Motor Vehicles understands that trucks are tools for you to customize to your needs.  As such, we want to work with the aftermarket community to make sure you can configure your XT pickup to do the jobs you need.  We also support the concept of right-to-repair and plan to ensure that the proper diagrams and diagnostic tools are available to owners and certified service facilities.

What will you do for the legal blocks to your plans, such as direct sales in certain states, and digital mirrors which aren't legal in the US?

We understand that the legal landscape is constantly changing and that new technology and business models are often ahead of the law.  Of course, Atlis Motor Vehicles must work within the current laws but we always have our eye on the future.  Tesla - and others - are already fighting some legal battles which should benefit Atlis Motor Vehicles and others to follow as well.  If the laws haven't changed when we're ready then we plan to implement alternate options that are in compliance.

How will you compete with other EV startups, Tesla, and Ford who may also be planning electric pickup trucks?
There is no full-size battery-electric production pickup truck in existence to date, nor are any of them on the near-term production horizon for the next couple of years.  There are a few players who have made a variety of announcements, but the market is still wide open.  Atlis Motor Vehicles always welcomes competition as it drives innovation for everyone.  The pickup truck market in America is a very large market with many sub-segments, and it is still growing so we believe there is a great opportunity for disruptive technologies like our own.

How will your batteries handle 15-minute charge times, when nobody else is doing it?

Current battery technology can support charging at a 4C rate (15-minute full charge) and already does so (and more) in a variety of consumer industries.  Batteries rated at 4C are readily available from numerous manufacturers.  Hyundai EVs have had over 2C charging rates for years, and the upcoming Audi and Porsche vehicles will be approaching 4C rates as well.  The problem isn't so much the batteries, but when assembling these batteries into a large battery pack for an EV then other problems arise such as thermal management, and ability to transfer current through a human-manageable cable and connector.  These are the issues that Atlis is working to solve.