GET A PIECE OF TAU LOTUS INC
Electric Motorcycles for a More Human Future
$29,929.14 Raised
REASONS TO INVEST
Our prototype incorporates swappable batteries for long-distance travel and cutting-edge security and safety features for a new highly efficient and affordable two-wheel EV option.
As countries like India ban the use of gas-powered two-wheel transportation, we believe that the $51 billion ASEAN two-wheel vehicle market has a massive growing need for electric vehicles that are affordable to the average household.*
Our lead engineers connected during their time working for one of the biggest aviation suppliers over their belief that entrepreneurship can solve the world’s major problems. Now, our prototype is tested and complete, and we believe we are ready to launch end of May of 2023.
the pitch
Wolfhound Motors is Tau Lotus's new urban mobility brand that is all about modern lifestyles, convenience, and reducing pollution. We believe that digital integration of mobile devices and our lives in the cloud with our vehicles is key to delivering the convenience we are all used to. The first electric vehicle we are planning to bring to market is the E18 R a full-blooded, powerful, electric motorbike.
At Tau Lotus, we are working to build an emission-free future for transportation with highly desirable, affordable, and efficient electric two-wheel vehicles. With easily swappable batteries to tackle even the strongest range anxiety for long-distance travel, and seamlessly integrated security and safety features, our goal is to provide a much-needed solution to the $51 billion ASEAN two-wheel transportation market. We have recently completed and tested our prototype, and plan to launch our commercial product in the first half of 2023. The Company is in the pre-revenue stage of development.
*The above is a computer-generated rendering of a future product. The product is still currently under development and is not yet available on the market.
The Problem & Our solution
Expanding Accessibility to Two-Wheel Electric Vehicles
For the majority of average households, increased gasoline prices and unaffordable electric-powered products are cost-prohibitive to purchasing two-wheel transportation solutions. Recently, the Indian government passed regulations to remove all gas-powered two-wheelers from the roads by 2030, creating a major need for affordable EV motorcycles (Source | Source).
Our affordable electric-powered motorcycles can provide higher load carrying transportation, long-range uninterrupted travel with the help of swappable batteries, and an enhanced rider experience with the help of completely integrated mobile devices, a built-in four-way camera system, a Bluetooth-integrated helmet, and keyless access. Once in-market, we plan to combine B2C and B2B sales strategies for the distribution of our motorcycles with subscription services (maintenance, repair, members community) as well as spare parts and accessories.
*The above is a computer-generated rendering of a future product. The product is still currently under development and is not yet available on the market.
the market & Our Traction
A Completed Prototype Seeking to Define the Future of Transportation
*The average amount of 2-wheelers sold per month was calculated by averaging two-wheel sales from every December between 2018-2022.
The global two-wheel sector is valued at approximately $51 billion, with an average 1.8 million two-wheelers sales per month (Source). Due to growing environmental concerns, the future of the market is trending towards electric power. Meanwhile, the EV market is trending towards two-wheelers at a rate of 130% (Source).
*Images displayed in this graphic are in the prototype phase, our prototype is currently not available on the market.
We have undertaken deep R&D in establishing functional requirements, and have developed 69 testing requirements for product safety and reliability. We have completed the development of our highly efficient battery system, integrated safety and security systems into the vehicle, and embedded IoT, monitoring metrics, and an integrated touchscreen dashboard connected to mobile phones and helmets. We plan to complete our production-level prototype for launch in early 2023.
*Images used above are in the prototype phase, our prototype is not currently available on the market.
Why Invest
Bringing Eco-Friendly Mobility to Consumers
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
Our mission is to provide affordable, accessible mobility to the average household in an emission-free and sustainable way. Our completed prototype stands out in the market for its highly efficient battery system and design connectivity facilitating convenience, vehicle security, and rider safety. We plan to focus our initial launch in ASEAN and South Asia, and believe that our compliance with global legislation allows for global growth in the future. Join us to become a part of the renewable energy revolution.
*Images used above are in the prototype phase, our prototype is not currently available on the market.
ABOUT
HEADQUARTERS
100 West Broadway, Suite 610
Long Beach , CA 90802
WEBSITE
View Site
Tau Lotus, Inc. is on a mission to provide sustainable mobility solutions that support government initiatives for clean air and carbon emission reductions. We are endeavoring to create outstanding electric-powered motorcycles with completely integrated features that fits into the modern urban lifestyle. We are currently perfecting our prototype and plan to go to market in 2023. The Company is in the pre-revenue stage of development.
TEAM
Vasu Ram Ayithi
CEO and President
Vasu presents rich engineering and business management expertise. His primary core strengths are building businesses, envisioning products, developing, and manufacturing with practical & lean principles approach. He has vast knowledge and experience in regulatory compliance needs, in product design & certification, manufacturing of various product segments.
He developed offshore engineering centers, manufacturing units, integrated with two aerospace corporations at global level, also been part of few mergers and acquisitions. Vasu holds patents in Aerospace products. Vasu also developed a software ERP level product, integrates SIOP.
Vasu is holding two master’s degrees, one in Engineering (MS) and one in Global Business Management Administration (MBA) with his main BS in mechanical engineering stream.
Abraham Sarraf
Chief Marketing and Sales Officer
With a strong grasp of what makes businesses tick Abraham also co-owns a wine maker and distribution company in France, supplying the world of transportation – aviation, rail and cruise ships – with excellent wines in innovative and environmentally conscious packaging. Abraham has a bachelor’s degree in mechanical engineering from Tecnológico de Monterrey in his native Mexico and a bachelor’s degree in engineering and industrial management from Brigham Young University in the United States. Abraham has lived in the United States for almost 30 years being strongly invested in volunteering work for a children hospital and orphanage.
Christoph Geppert
Branding and Product Design Lead
From Christoph’s early studies in management strategy and environmental economics at the University of St Andrews and in Münster, Germany in the early nineties, Christoph’s desire to utilize design as a driving force to advance sustainability has been clear. After several years of working as a strategic consultant, Christoph’s belief in design as a corporate tool for success was strengthened enough to study industrial design at Central St Martin’s College in London. This lead to design projects for the next 20 years ranging from strategic definition and name development to product design and aircraft interiors, websites and many other brand experiences. Clients range from large corporates like Qualcomm, Sony PlayStation, Nokia and British Airways to startups and disruptors like ecoATM, Floreon, Catwalk Club and Spring Bank. Christoph latest quest for learning means he is IEMA certified for Carbon Management and GRI certified for Sustainability Reporting.
TERMS
Tau Lotus Inc
Overview
PRICE PER SHARE
$4.50
DEADLINE
Aug 4, 2023
VALUATION
$38.44M
FUNDING GOAL
$15k - $1.23M
Breakdown
MIN INVESTMENT
$346.50
MAX INVESTMENT
$1,234,998
MIN NUMBER OF SHARES OFFERED
3,333
MAX NUMBER OF SHARES OFFERED
274,444
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Class B 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.
Investment Incentives & Bonuses*
Time-Based:
Friends and Family Early Birds
Invest within the first 72 hours and receive 10% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive 8% bonus shares.
Early Bird Bonus
Invest within the second week and receive 5% bonus shares.
Amount-Based:
Tier 1
Invest $1,000+ and receive 2% bonus shares.
Tier 2
Invest $2,500+ and receive 5% bonus shares.
Tier 3
Invest $5,000+ and receive 6% bonus shares.
Tier 4
Invest $10,000+ and receive 7% bonus shares.
*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
Tau Lotus, Inc. ("Tau Lotus" or the "Company") 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 Class B Common Stock at $4.50/ share, you will receive 110 shares of Class B Common Stock, meaning you'll own 110 shares for $450. 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 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.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
PINNED BY STARTUP
Vasu Ayithi
Tau Lotus Inc
•
4 months ago
We are excited about product launch on May 17, 2023, in Bengaluru India, our first launch.
0
0
Furaha Bryant
4 months ago
I appreciate you Vasu Ayithi! Your name's fun 2 say! We must've talked or walked in much of the same way through life - fun in tuning gene'ration'ally in aims S🌞L names, selecting candidates hire 4 higher Sri aims!²¹⁸
0
0
Furaha Bryant
4 months ago
A great first raise. Are you in the space to incorporate or collaborate to upgrade the legacy of future ROI for everyone - shall we chat prior raise end? THX.
0
0
Vasu Ayithi
Tau Lotus Inc
•
4 months ago
Thank you for your interments. We appreciate you being part of our journey.
0
0
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
Your info is your info. We take pride in keeping it that way!
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.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
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.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
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.
PINNED BY STARTUP
Vasu Ayithi
Tau Lotus Inc
•
4 months ago
0
0