Cityfreighter offering is now closed and is no longer accepting investments.

INVEST IN CITYFREIGHTER TODAY!

Electric Trucks for the Last Mile

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.
Cityfreighter

$105,100.00 Raised

REASONS TO INVEST

ABOUT

HEADQUARTERS


VALUATION

TEAM

Michael Schoening
Michael Schoening
Founder, Director and President

Entrepreneur for life. Business Developer. Michael has over 30 years of product development experience. Before starting Cityfreighter, Michael served as president for Enblue Technology USA, Inc., a mobile devices accessories company, from 2015 until August 2018. He's currently the President of Cityfreighter Inc. from inception in June 2018 to present, working full time.

Joe Storment
Joe Storment
Co-Founder, COO and Director

Joe runs US Infrastructure development at Cityfreighter Inc. from inception in June 2018 to present working full time for the company. He has also been a private investor from 2008 to present.

Martin Pölöskey

Martin Pölöskey

Technology Development

Specialist in automotive electronics and advanced driver assistance systems (ADAS). Runs an engineering company developing automotive and rail innovations

Harry Hu

Harry Hu

Asian Operations

Harry is currently president sale& marketing for a Chinese electric vehicle manufacturer

John Bailey

John Bailey

Advisory Board

John is an expert on strategy execution, operational excellence and growing businesses internationally with a background and network also in the logistics industry

Ignacio Ayala

Ignacio Ayala

US East Coast Operations

Ignacio worked in the EV charging industry. Member of diverse Clean City committees

Peter Hulzebos

Peter Hulzebos

Adviser E-Mobility

Peter has 19 years working experience in the commercial automotive and electric mobility market . Works currently for a battery technology development company in the Netherlands

Reiner Brenner

Reiner Brenner

Adviser Coatings and Structures

Reiner owns a large automotive body shop business in Germany and understands structural engineering

Hector Realubit

Hector Realubit

Design

Automotive Designer Los Angeles. A-class automobile project experience

Shawn Sakamoto

Shawn Sakamoto

IT Adviser

Information Developer for Hewlett Packard in Sacramento, CA

TERMS

Cityfreighter
Overview
PRICE PER SHARE
DEADLINE
Apr 9, 2019
VALUATION
AMOUNT RAISED
$105,100.00
Breakdown
MIN INVESTMENT
MAX INVESTMENT
MIN NUMBER OF SHARES OFFERED
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
MAX NUMBER OF SHARES OFFERED

Maximum Number of Shares Offered subject to adjustment for bonus shares

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:

ALL UPDATES

07.31.20

We are now starting into Phase II

Hi,

I sincerely hope that you and your families are well during this crazy days. We are moving further guys. 

Here is our press release from today.

Please share it with your friends.


Best,


Michael Schoening

President CityFreighter Inc.


"CityFreighter uses Crowdinvesting to accelerate Phase II

Unique Modular Electric Truck with lower cost and faster time-to-market

Santa Barbara, CA, July 31st, 2020 — CityFreighter Inc., (CF) who introduced its fully

functional prototype CF1 on last year's ACT show in Long Beach, is moving into Phase II, to

build the beta version of its unique modular truck concept. To accelerate the process and to

generate broader investor interest, the company is starting a Regulation Crowdfunding

campaign on Wefunder today.

For Phase II, CF is going to build a beta version of its concept. The chassis, the driver´s cabin,

and the cargo area are designed as a modular system that allows being configured quickly

in different vehicle variations and sizes. To be able to move on with the project, while

discussions are still ongoing with potential investors for larger investment commitments, CF is

turning back to crowd investing. CF is starting a raise on the leading crowdfunding platform

in the US, Wefunder.

CF has been incorporated in 2018. CF is developing smart, user-focused, fully electric lowfloor

class 3 trucks from scratch for the last mile delivery industry. Our concept is based on to

speed up time-to-market, and to decrease standard development costs significantly.

Michael Schoening, President of CityFreighter Inc.: ” For a start-up, we love crowdfunding.

You can engage with a broader global audience, it is a great form of marketing and you

often can get valuable feedback for further product development. If you can convince the

crowd in your product, funding goes smoothly. The exponential growth and demand in the

last-mile logistics industry requires fleet operators to look out for flexible solutions and we

believe that our concept perfectly meet their needs”

Please visit wefunder.com/cityfreighter "


04.04.19

Step by Step

04.02.19

Very final Days

Guys, 6 Days til campaign end. Last chance ever to participate at lower rates. We are going to present the functional prototype

on the ACT Expo in Long Beach, April 23-26.




Possible by the support from you guys here and other early-stage investors. Yes!


Stay tuned for more exciting news


The CityFreighter Team

03.30.19

Only a couple days left

Hi Guys, 


only a couple days left to invest now, before the show starts. We will show a real one! 

03.18.19

Notice of Funds Disbursement

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

Hello!

As you might know, Cityfreighter 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 Cityfreighter 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

03.12.19

Nest milestone achieved

Electric Drive and the battery system of our CF1 prototype have been installed. Parameters were set and had the first drive yesterday. Next step transport to our R&D facility in the Netherlands, finalizing interior and exterior design work. Followed by final CAN bus integrations and software implementations.  Then we need to get it into the 747, nonstop to LA...


Two years ago, many people told us that we are too ambitious to realize this project with the given timeframe and budget. Today we are exactly where we wanted to be (well, not 100%, you always need money as a start-up, right? :)). Thanks to a great team, and premium supply chain collaboration partners, we will be able to demonstrate our solution to the future of urban last mile delivery. 

And a big Thank You to you guys here on Startengine. 

02.18.19

Progress but time is moving and trying to raise more funds

Final cad files of interior add-on designs are finished and now the tooling for the thermoforming parts are made. Same for interior dashboard design.

As stated before, the booth at the ACT Expo has been booked and paid for. Due to time limits, we are now intending to fly the prototype over from Europe to the US. Yes, it will cost more but it will provide us with significant timing advantages. Currently talking to airfreight specialists to find the best option, but it needs to go into a Boing 747 Freighter.

Working on new wire harness and CPU setup. Our new, optical bonded, 15.6" touchscreen with sunlight readable capabilities will arrive in the second week of March.

Digital mirrors are in, working on the casing design.

We are in promising negotiations with larger investors but all of that takes time and we still need to raise between 150 and 200K to finalize the prototype. 

Please help us here to move forward. Last week we secured a reasonable investment from a direct investor. Once we reach 100K here on Startengine, they will put in more marketing efforts to move this further.


The pictures we are currently posting will only show partial parts of the design process. For example, the center console, it will get a gear shifter inlet and a wireless charging pad for mobile phones. 

At this stage, we do not want to disclosure so much of the final design. We want to unveil it at the ACT EXPO in front of the global press. Can only tell you it will be awesome!


02.16.19

Notice of Funds Disbursement

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

Hello!

As you might know, Cityfreighter 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 Cityfreighter 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

02.04.19

Notice of Material Change in Offering

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

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


Extending campaign 60 days.


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.

02.03.19

Progress Continues

First of all, we agreed with Startengine to extend the campaign another 60 days. This will allow you guys here to add some more investment. We have some investors who invested a couple times. We still need to raise some significant funding, any support here will be highly appreciated.

We are providing frequent updates here so that you can get a better feeling about our progress. All are on time for the ACT Expo. We are thinking to arrange a kind of uncover press conference there, actually, it will be a world premiere.

Busy as hell, working almost 24/7, but we are moving. At the moment, we are implementing the electric system for the drive train.


Next week, we are sending the final CAD files for the exterior thermoform parts and for the dashboard over to the thermoform specialists. Really looking forward to it. 


All is down to fine details. Have a look at our motor fixation base.


And this is a mock-up for our central display. It will be a 15.6 touchscreen, sunlight readable and made for automotive use. Optical bonded with silicon, to withstand higher temperature differences. 


The picture is just a mock-up. We are going to implement a navigation on-demand system from a leading company in this field. We had pretty good discussions on the CES in Las Vegas. Very exciting!

Working as well on the new CPU, we are going to base it on AGL, automotive grade Linux.


And we made some efforts to determine the color for the prototype. Our designer recommended using the outer left, a bit darker color.

We think it will look pretty cool.


Negotiations for our possible future facility in Arizona are progressing as well. We are getting political support there, and we are discussing to receive a larger investment. Wouldn't it be great to become neighbors of Lucid Motors and Nikola?

We are receiving a visitor from India next week who is interested to form a partnership. They run a  very interesting manufacturing business in the airport handling equipment industry. 

As you can see, a lot is going on......



You guys have a wonderful week!

The CityFreighter Team



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