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

INVEST IN AMPERE MOTOR TODAY!

$9,900 Electric Sports Roadster

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$65,961.00 Raised

REASONS TO INVEST

ABOUT

HEADQUARTERS

395 Santa Monica Place, Unit 308
Santa Monica, CA 90401
VALUATION

$61.11M

TEAM

Tony Chan
Tony Chan
Founder, CEO, and Director

Tony has been a car fanatic all his life; he started waxing his neighbors’ cars for pocket money when he was 7, and repaired and sold classic cars to pay for all 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 team started the Ampere project more than 4 years ago to design and build green, affordable, and exciting vehicles for everyone to enjoy. Tony also worked at Coolpeds as a director from 2013 to 2017. Tony now works at Ampere full time.

Filipe G.

Filipe G.

Senior Automotive Designer

Filipe has over 20 years of experience in automotive design and engineering, He was on the original Mercedes Smart Car design team.

Dr. Gene Liu

Dr. Gene Liu

Senior Manufacturing Advisor and Expert in Electric Drive

Gene has a PhD from the University of Michigan and Masters from Columbia University in engineering. He has over 15 years of experience in large scale automotive mass production. He worked at GM and Ford in vehicle production. He has also published numerous research papers in electric vehicles and advanced battery technologies.

Brian Mahon

Brian Mahon

Senior Business Strategist

Brian Mac Mahon is a serial entrepreneur and investor and has owned companies in over 35 countries.

Angela Chan

Angela Chan

Assistant Marketing Manager

Angela has over 6 years of experience in design and social marketing.

Gabriel Lin

Gabriel Lin

Automotive Designer and Mechanical engineer

Automotive designer and mechanical engineer with years of experience.

Judy Szeto

Judy Szeto

Corporate Secretary, Director

Judy ran a manufacturing and trading company for over 15 years in Los Angeles. From 2015 to 2017, Judy did not work for any company. Since August, 2017, she has been working full-time for Ampere.

Tejesh G.

Tejesh G.

Automotive Designer

Tejesh has a masters degree in transportation design from the world famous Art Center College of Design in Pasadena. He has worked on various projects for companies such as Fiat Chrysler.

Dr. Frank Y.

Dr. Frank Y.

Senior Automotive Engineer

Frank has a PHD in automotive engineering. He worked at Toyota and was head of his university electric car race team.

TERMS

Ampere Motor
Overview
PRICE PER SHARE
$63
DEADLINE
Sep 4, 2018
VALUATION
$61.11M
AMOUNT RAISED
$65,961.00
Breakdown
MIN INVESTMENT
$189.00
MAX INVESTMENT
$100,800.00
MIN NUMBER OF SHARES OFFERED
160
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
MAX NUMBER OF SHARES OFFERED
1,600

Maximum Number of Shares Offered subject to adjustment for bonus shares

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.

PRESS

Article Image
This firm says its electric cars will cost under 10k

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

ALL UPDATES

08.16.18

Notice of Funds Disbursement

[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

07.26.18

Notice of Funds Disbursement

[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

06.12.18

Notice of Material Change in Offering

[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.

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

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SECURE

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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

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StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

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Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

RAISED
$65,961.00
INVESTORS
104
MIN INVEST
$189.00
VALUATION
$61.11M

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