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GET A PIECE OF ATLIS MOTOR VEHICLES, INC.

Electric without compromise

Atlis Motor Vehicles is a transportation technology company building electric work vehicles.

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.

$1,049,183.04 Raised

REASONS TO INVEST

Patent pending 15 minute rechargeable battery pack with a goal of providing unprecedented range, towing, and charge time specs

Raised the full $1.07M from 2,999 investors with 17,000+ reservations for our truck within just the last year and a half

Featured in news outlets like Top Speed, Car Buzz, Motor Authority and Inside EVs

ABOUT

HEADQUARTERS
7259 East Posada Ave
MESA, AZ 85212

Atlis Motor Vehicles is a transportation technology company building electric work vehicles.

TEAM

Mark Hanchett
Mark Hanchett
Chief Executive Officer

Mark Hanchett has over ten years of product development experience with 16 successful electromechanical and software product launches. Mark Hanchett brings a passion for solving hard problems in product strategy, design, manufacturing, and business operations, while continuously driving a focus on the best possible customer experience. Mark has served as Founder, Director, and CEO of Atlis Motor Vehicles since inception in 2016. Before starting Atlis Motor Vehicles, Mark was a director at Axon Enterprise Inc from 2012 to 2017, leading teams in the development of innovative hardware and software products for law enforcement. From 2007 to 2012 he served as a senior mechanical engineer and project manager leading cross-functional teams through design and development of innovative conductive electrical weapons at Axon Enterprise inc. He lives in Mesa, Arizona with his wife and two kids. Mark is full time with Atlis.

Glenn Reese
Glenn Reese
Executive Vice President - Business Development

Glenn has continually straddled the line between finance and technology with years of experience in new technology development, engineering finance, and venture capital. Graduating with a B.S. in Finance from Xavier University and an MBA from Cornell Tech, Glenn has held numerous roles at GE Energy, GE Oil & Gas, and GE Ventures where he worked on charging network expansions, EV ride sharing, and electrified public transport. He is passionate about a future dominated by alternative energy and believes expanding access to electrification technology is key to that realization. At Atlis, he will be leveraging his background to focus on business growth, market strategy, strategic partnerships, and building the resources to bring BEV pickups to the mass market. Glenn is full time with Atlis.

Ross Compton

Ross Compton

Lead Vehicle Designer

Ross is an award winning designer with a varied background within automotive design. After completing the famous Coventry University Automotive and Transport design course he went straight to Turin, Italy where he was lucky enough to work on the interior to the Willys AW380 show car shown in Bologna 2014. From there Ross has been on many smaller scale projects for new and developing brands, designing everything from supercars to trucks. Perhaps the most notable experience is his work at Bollinger Motors where Ross, alongside the owner, designed the Bollinger B1. His growing collection of works can be found on his own site www.macchinadesign.com

Derek Duff

Derek Duff

Vehicle Dynamics Engineer

Derek’s love for the automotive industry started with his first truck – since he can remember, he's been researching trucks and imagining ways to design and modify them. After graduating with a degree in Mechanical Engineering from the University of Maine, he moved to Michigan to work with IAV Automotive Engineering at the Chrysler Proving Grounds. A truck guy through-and-through, Derek spends most of his personal time designing and implementing his ideas into truck builds. He is currently designing, testing and validating the suspension and chassis designs for the Atlis Motor Vehicles XT and XP.

Matt Wilkins

Matt Wilkins

Mechanical Design Engineer

Matt has an experienced background in a wide variety of fields. While pursuing his Mechanical Engineering degree, he competed in the SAE Supermileage competition as a body design team lead. Matt then pursued his creative side and achieved his Masters in Design, New Product Innovation with Arizona State University. He has worked at TASER International as an industrial designer, performed consumer research, prototyping, and UI design at Nautilus Fitness, and has done freelance design. Matt is our swiss-army-knife here at Atlis, able to grind out CAD work on our platform and body for weeks on end, and then switch gears into creative UI, graphics, and video work at a moment's notice. In his spare time, Matt is a competitive cyclist and ultramarathoner.

Annie Pratt

Annie Pratt

Chief of Staff

Annie is a creative problem solver with a background in product management, design, and business. After studying Product Design at Stanford's design school, she kicked off her career as a Product Manager at Axon Enterprise, launching in-car video solutions for law enforcement. Most recently she served as the Director of Consumer Products at Axon, where she built an independent business unit and doubled both revenue and profit in three years. She brings a passion for design thinking, user experience, and business strategy to Atlis.  Annie is full time with Atlis.

Liam Burke

Liam Burke

Senior Engineer

Liam has a passion for emerging technologies, innovative ideas, and scrappy teams. A mechanical engineer by education, he has worked across a broad range of fields, from manufacturing technologies, to aerospace hardware, to consumer products. Before Atlis, Liam led the consumer engineering team at Axon/Taser, where he planned and developed mechanical, electrical, and software systems. Growing up between Montana and Washington, Liam loves the outdoors and believes a great product should be much like nature: inspiring, durable, sustainable, and simple, yet full of detail.

TERMS

Atlis Motor Vehicles, Inc.
Overview
PRICE PER SHARE
$5.93
DEADLINE
Apr 30, 2020
VALUATION
$89.82M
FUNDING GOAL
$10k - $1.06M
Breakdown
MIN INVESTMENT
$296.50
MAX INVESTMENT
$106,994.99
MIN NUMBER OF SHARES OFFERED
1,686
MAX NUMBER OF SHARES OFFERED
178,705
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below

Early bird investor bonus

Any investor who invest in the first 24 hours of the campaign going live will receive a bonus 50% additional shares.

Early adopter investor bonus

Any investor who invests within the second 24 hours of the campaign going live will receive a bonus 25% additional shares. 

I want to be in the first week bonus

Any investor who invests within the first week of the campaign going live will receive a bonus 10% additional shares.

Perks*

Invest Up to $500

Get $500 off the purchase of your XT Pickup truck, or 1 free month of our subscription membership.

Invest $998.66

Get $1,500 off the purchase of your XT Pickup truck, or 2 free months of our subscription membership. 

Invest $4,999.28

Get $6,500 off the purchase of your XT Pickup truck, or 1 year free of our subscription membership. 

Invest $19,997.12

Get $25,000 off the purchase of your XT Pickup truck, or 3 free years of our subscription membership. 

Invest $45,000+

Get an XT Pickup truck, or 6 years free of our subscription membership. 

*All perks occur after the offering is completed.

The 10% Bonus for StartEngine Shareholders

Atlis Motor Vehicle Inc. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 or made at least two investments in StartEngine's own offerings.

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 $5.93 / share, you will receive 110 Common Stock shares, meaning you'll own 110 shares for $593. 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 cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

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: Any expense labeled “Travel and Entertainment”. Inter company debt or back payments. Vendor payments.

PRESS

Article Image
Auto123

Atlis XT Electric Pickup Could Have 800-Km Range

Article Image
The Fast Lane Truck

Atlis Electric Truck Is Unveiled: Wants to Tow 35,000 Lbs & Accelerate to 60 MPH in 5 Seconds

Article Image
INSIDEEVs

Electric Pickup Trucks Compared: Tesla, Rivian, Atlis, Bollinger

Article Image
Maxim

This Electric Pickup Tows 20,000 Pounds and Charges in 15 Minutes

Article Image
Uncrate

Atlis XT Electric Pickup Truck

ALL UPDATES

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Atlis Motor Vehicles, Inc..

JOIN THE DISCUSSION

0/2500

KC
Katy Cummings

2 years ago

Hi Mark, I'm 5'0". At work, my boss used to sing "little girl in a big truck" to the tune of Chris Farley's "fat guy in a little coat" when he would see me driving our work trucks. I almost always have problems seeing over the dashboard in trucks - sometimes I'm even looking out from under part of the steering wheel. Besides the obvious discomfort of driving like this, I know it's also more dangerous for me as my geometry isn't suited for the way the air bag goes off. Any chance you can make a "short people" interior option for folks like me? Or at least don't design the dashboard to be taller on the driver side, vertically adjustable seats, and steering wheels that can lower? Thanks for your consideration!

0

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AB
Anthony Bradshaw

2 years ago

is there any other way to invest now that i finally have some extra money to invest in the company i have been following you since 2017 please let me know when the next round is open for investing in your company thanx

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RD
Richard Dodds

3 years ago

Are we able to invest through Start Engine for the Altis offering or only through alternative platforms?

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RM
Ryan McGrail

3 years ago

Any word on the next round?

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TP
Thomas Peariso

3 years ago

Are you making any advances with the pickup? How back is all this virus shut down stuff affecting your operation? I hope you press on ; this truck is a winner.

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mC
matt Cuddigan

3 years ago

Where are my stocks?

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GD
GUY DEEBLE

3 years ago

Hello Mark, My investment goes back almost 2 years, excited to see the progress made.......How are operations going in this covid situation? I hope progress has not been hindered. And a specific question from the investor's perspective; Is there a timeline expectation for becoming a publicly traded company? Will our current equity shares transfer equally to become stock shares?

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DW
Darlene Wallace

3 years ago

Hello. I see that this round is closed and according to one of your responses below, you will be opening another round after finalizing all of your SEC details. In the meantime, show I reserve shares? It appears to currently be an option by clicking "invest". Or should I just wait until you open the next round?

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BT
Brian Thomson

3 years ago

Hello. Please consider lowering your minimum investment required amount down to somewhere around $100 US during your next funding round. As an international investor, this would help myself and my partners/friends be able to invest in you which is something we greatly would like to do. Thank you.

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JS
Jim Salera

3 years ago

Mark, I bought shares in the initial crowd funding campaign and I'm thrilled to see how far you guys have come since then. Given the valution multiples that are being slapped on operaters in the EV market don't you think that you could land a lot more money for the company by tapping into equity markets? If Nikola motors can fetch a $26B valuation with $0 revenue and some photoshop work I feel there would be strong demand for Atlis Shares. Love to know your thoughts!

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HOW INVESTING WORKS

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

WHY STARTENGINE?

REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

SECURE

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DIVERSE INVESTMENTS

Invest in over 200 start-ups and collectibles!

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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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
$1,049,183.04
INVESTORS
1,175
MIN INVEST
$296.50
VALUATION
$89.82M

Get To Know Us

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Important Message

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