GET A PIECE OF ALPHA MOTOR
Move Humanity®
$1,985,694.12 Raised
REASONS TO INVEST
PATENTED TECHNOLOGY - Alpha has proprietary advantages in technology, design, and process enabling speed-to-market efficiency of award-winning EV designs.
STRONG MARKET DEMAND - We have received over 52,500 vehicle preorder indications to date in addition to distribution agreements in Europe, the Middle East, and Asia. The EV market is expected to surpass US$1.5 trillion by 2030.*
EXPERIENCE AND ABILITY TO EXECUTE - Alpha’s automotive business proficiency comes from decades of experience at major corporations. Alpha has formed OEM-level strategic partnerships in the U.S. to efficiently develop and manufacture highly competitive EVs.
the pitch
Alpha is led by automotive professionals working to commercialize our award-winning EV designs. Our patented technology enables speed-to-market efficiency and with over 52,500 vehicle preorder indications received to date, we aim to manufacture for the EV mass market, which is expected to surpass US$1.5 trillion by 2030.
OVERVIEW
Alpha EV Revolution
Leveraging award-winning designs alongside patented technology and production methods, Alpha is efficiently creating the next generation of electric vehicles to be equipped with quality performance that is enjoyable and accessible.
*Alpha’s multi-purpose vehicle system enables shared solutions to streamline EV development. Images are computer-generated demo versions.
*Here's a look at our patented modular vehicle system. Images are computer-generated demo versions.
Alpha's unique vehicle system includes:
- Dimensionally adjustable chassis
- Interchangeable power components
- Interchangeable interior components
- Interchangeable subsystem components
- Interchangeable user interface control system
- Interchangeable body modules enabling vehicle variants
*Images are computer-generated demo versions of current vehicle models. Product is currently available for preorders.
The Alpha lineup encompasses multiple categories for the consumer market – including Utility, Sport, and Adventure Series vehicles. Our patented modular vehicle system allows us to rapidly create and develop a variety of EV solutions. Alpha is committed to creating the kinds of electric vehicles we believe the world has always wanted to see but that have not existed – until now.
THE PROBLEM & OUR SOLUTION
Green Economy Driven by EVs
On a global scale, gasoline-powered vehicles contribute massively to the deterioration of our planet’s atmosphere and are not sustainable as we move towards a net zero green economy. Alpha believes that the electrification of cars is the way forward, offering significant savings in fuel, maintenance, and overall ownership costs, compared to gasoline vehicles. Alpha’s vision to Move Humanity places focus on sustainability with an emphasis on the impact on our consumers. We are convinced that the decisions involving sustainability should consider accountability and values that stand the test of time.
In order to move the needle forward on mass adoption trends, it is Alpha’s observation that the current market is lacking in stylish, affordable, and functional EV options, and we are striving to fill the void.
*Images are computer-generated demo versions of current vehicle models. Product is currently available for pre-orders
**The EV Advantage: (source)
- Fuel costs average 60% less for EVs, equating to an annual savings of up to US$1,300.
- Maintenance averages 50% less for EVs, equating to a lifetime savings of up to US$4,600.
- EV Mile Range Efficiency is on average 285% greater, equating to 217 more MPGe.
- Refueling is reduced to an average of 6 times per year at home, which is 34 fewer trips to the gas station.
- An EV with a range of 250 miles covers 92% of a typical customer's annual driving needs with home charging.
- Resale value of EVs maintains a level comparable to ICE (Internal combustion engine vehicles) vehicles over a period of 5 years.
Our technology is backed by a level of experience and expertise that we believe is rare to the emerging EV industry. Our Leadership and Advisory Board carries an impressive track record of scaling business growth for top EV companies including Tesla. They believe in Alpha’s potential to become a highly influential brand and will further support the company to achieve significant milestones.
Through decades of automotive research and technical development, company founder, Edward Lee, a multi-award-winning American automotive designer, has worked with some of the world's most well-known automobile manufacturers including Toyota, Lexus, and Audi. Mr. Lee has been recognized by The Center for Leadership at CSU Fullerton for “Excellence in Executive Leadership in Innovation” and was named “Most Motivational Motor Vehicle Manufacturing Chairperson (USA)” by CEO Monthly.
THE MARKET & OUR TRACTION
Strong Market Demand Backed By National Production Power
Since being introduced to the market, Alpha’s designs have caught the attention of consumers and industry experts. In 2021, the company’s Wolf Electric Truck was exhibited in concept form to the public at the Petersen Automotive Museum in Los Angeles, and has remained on display by popular demand until very recently. This exhibition marked the successful completion of our proof-of-concept stage generating over 9,600 initial preorder indications.
Combining proprietary technology, patented design, and a differentiated go-to-market strategy led by the company’s most popular vehicles, we believe Alpha may be poised for international distribution with an end goal of streamlining mass market delivery starting in 2025. At present, the company is actively building custom-built vehicles in limited quantities, but is experiencing overwhelming demand, having received a total of over 52,500 vehicle preorder indications to date.
*Images are computer-generated demo versions of current vehicle models. Product is currently available for pre-orders
Alpha has formed OEM-level strategic partnerships in the U.S. including UHI, which has a 406,000 sq. ft vehicle manufacturing plant based in Sterling Heights, Michigan. Moreover, Alpha has secured multiple patents, which protects proprietary design, patented technology, and development process to streamline expansion. We believe that this unique advantage may enable Alpha to swiftly fulfill market demand and gain market share.
The company currently has distribution agreements in Europe, the Middle East, and Asia, equating to an initial projected volume of 3,150 vehicles annually. We also anticipate economic and capital advantages from lean manufacturing operations, tax credits, and government-backed incentives to boost EV sales.
WHY INVEST
Move Humanity Together!
From its early inception, Alpha has caught the attention of consumers and industry experts alike, winning awards for our designs and amassing substantial preorder demand. As we move to become a leader in the EV industry, the company plans to focus on successful commercialization and expansion well into the future with our diverse, differentiated, and accessible vehicle solutions.
Simply put, at Alpha, we build cars because we love seeing people enjoy them, and we are passionate about every step of our process. We trust that our investors will be proud to back a new American EV brand, producing some of the market’s most in-demand electric vehicle solutions, and we look forward to celebrating many milestones with our supporters. Let’s Move Humanity together. Join Us!
ABOUT
HEADQUARTERS
9551 Irvine Center Drive
Irvine, CA 92618
WEBSITE
View Site
Alpha Motor Corporation (Alpha) is an award-winning American automobile and mobility technology company focused on manufacturing Utility, Sport, and Adventure electric vehicles. Following a successful market introduction in 2020 and backed by over 52,500 vehicle preorder indications, Alpha is advancing to pre-production vehicle development in 2023.
TEAM
Edward Lee
Founder/CEO
Jada Lee
Co-Founder/Vice Chairman of the Board
Kevin Lee
Chief Of Research and Development
Michelle Quan
CFO
Jay Lijewski
Head of Marketing
Peter Bardenfleth-Hansen
Advisory Board Member
Jochen Rudat
Advisory Board Member
Oded Tal
Advisory Board Member
Marty Slater
Advisory Board Member
Noah Goldstein
Advisory Board Member
TERMS
Alpha Motor
Overview
PRICE PER SHARE
$18.50
DEADLINE
May 19, 2023
VALUATION
$125.06M
FUNDING GOAL
$15k - $5M
Breakdown
MIN INVESTMENT
$499.50
MAX INVESTMENT
$4,999,976.50
MIN NUMBER OF SHARES OFFERED
810
MAX NUMBER OF SHARES OFFERED
270,269
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives & Bonuses*
Time-Based:
VIP Early Birds
Invest within the first 48 hours and receive 15% bonus shares
Super Early Bird Bonus
Invest within the first week and receive 10% bonus shares
Early Bird Bonus
Invest within the first two weeks and receive 5% bonus shares
Amount-Based:
$5000+ | SILVER Level Perk
Invest $5000+ and receive
$500 credit upon purchase of a vehicle *1
Limited edition T-shirt
$10,000+ | GOLD Level Perk
Invest $10,000+ and receive
$1,500 credit upon purchase of a vehicle *1
Limited edition T-shirt
5% bonus shares
$20,000+ | PLATINUM Level Perk
Invest $20,000+ and receive
$3,000 credit upon purchase of a vehicle *1
Limited edition T-shirt
10% bonus shares
$250,000+ | ALPHA Level Perk
Invest $250,000+ and receive
Free Alpha vehicle at the start of production or US$100,000 credit *2
Exclusive Collectible Scale Model of Alpha Vehicle *3
Limited edition T-shirt
24 x 36 Exclusive Canvas Print Art Collectible
15% bonus shares
*1 The credit will apply towards purchase of a vehicle from Alpha Motor Corporation (“Alpha vehicle”). At the time of any required payment of deposit, you will be requested to pay the remainder of the deposit amount, should you choose to make a deposit for purchase of an Alpha vehicle. If the credit is higher than the deposit required, such surplus will be applied towards the purchase of an Alpha vehicle. The credit is nonrefundable.
*2 Investor may select any Alpha vehicle so long as such vehicle is in mass production, up to US $60,000 value. For any Alpha vehicle above US $60,000, investor shall pay the difference. For any investor that has placed an order made and down payment for the Limited Edition Montage, US$100,000 credit out of the amount invested will be applied towards the remaining payment balance.
*3 The model will be a fractional scale to an Alpha vehicle, e.g., 1:64 scale.
* In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Alpha Motor will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $18.50 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $1,850. 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 during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
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. Salary payments made to one’s self, a friend or relative.
PRESS
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
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Furaha Bryant
4 months ago
MOVE HUMANITY in between drives with a uniquely designed and custom dedicated Alpha Motor E-Cycle like no other; Unseen Derailleur-less and Unknown Cassette-less Drivetrain-nuance, all licenses for Alpha🌐! Please respond or send me to your leader! THX! MOVE HUMANITY‐EARNS‐peer‐ritual!
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Barry Knopf
4 months ago
How long will it take to charge these autos and truck? And is the infrastructure available for charging? Finally, are you totally dependant on lithium battery technology and are these vehicles adaptable to new power technologies?
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Kevin Lee
5 months ago
We encourage review of our presentation in the "OVERVIEW" and "ABOUT" sections and campaign updates in the "PRESS & UPDATES" section.
Detailed information is provided through our campaign updates regarding Alpha's business, product development, production roadmap, etc. More information is also available on the company website at www.alphamotorinc.com.
As a new vehicle manufacturer, bringing our electric vehicles to the market on a massive scale is a process in which the company is experienced and committed to undertake, but it takes time to do it right and in an efficient manner.
When Alpha successfully reaches its goal, it is our belief that Alpha will change the world and in a direction that is healthier and greener for people and our environment. This is no simple challenge.
Everyone’s comments are well noted and important to us.
We encourage a mindful and respectful environment.
We care about your feedback.
Thank you.
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Justin Horvath
5 months ago
Hi,
In addition to my question, how many engineers and design staff are currently on your payroll at your $125 million design house company, I have two more questions.
You said you have 52,500 pre order indications. What are these indications from? How are you defining a pre order indication?
What is a realistic time frame for prototyping and manufacturing? Who are some vendors you are working with? Do you plan to do manufacture your designs?
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Michelle Quan
5 months ago
Exciting to see the great support in our vision to Move Humanity. Go Alpha!
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Kevin Lee
5 months ago
We are now past $3.7 million raised! We look forward to the next steps in our development.
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Brett Denaro
5 months ago
Before you invest in Alpha Motors, watch this video!
https://youtu.be/qoD2WeBJhqY
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John Webster
5 months ago
thanks for response so based on what you said as far as capacity 20k,25K annually the pre orders alone will take you over 2 years to manufacture. meaning new customers will have to wait at least two years plus? before their vehicle even start being manufactured. lets say you get an order for 50k more customer looking at 4 years roughly to have their vehicle ready to roll. yikes! is there anyway to make the process better etc.with pre orders are you taking half up front then other half later etc? thanks for your time. the vehicles look beautiful. your production capacity scares me.
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John Webster
5 months ago
i like this, i invested in several ev related companies. i saw where the ev market in general saw a nice bump. interest rates aren't stopping people. everybody isn't affected. somebody asked the question about a rough avg for the pre orders 52500 that is good for you but how long will it take to actually fulfill that and can you take on more orders? your current plant etc what is the capacity for that how many vehicles can you crank out of there etc. lastly, would you ever consider working with other companies that sell ev vehicles to have a few of your vehicles at their locations? thanks
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allen Sonstein
2 months ago
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