laev
Posts: 148
Joined: Tue Aug 09, 2016 8:10 pm

New all-electric Can-Am Spyder concept with 105 miles of range [Video]

Sun Nov 06, 2016 9:30 pm

The Model Sondors 3-wheeled electric vehicle is the latest automotive startup to take advantage of new rules to raise funds. Sondors is using equity crowdfunding, “where a crowd of accredited and nonaccredited investors alike can invest up to $1 million in an early-stage company,” according to Grant Harvey, who is working with the company on this campaign.

This particular type of crowdfunding came into being as part of the JOBS Act passed in May. It’s different from the Regulation A+ stock offerings that Elio Motors used to raise funds for its gasoline-powered 3-wheeled car. Harvey worked with Elio on that campaign as well; both used the StartEngine capital crowdfunding site. Harvey said that Elio’s campaign “is the largest equity raise via Reg A+ in the country.” Sondors has some experience in successful crowdfunding as well. The company founder, Storm Sondors, previously raised $10 million on IndieGogo for his Sondors eBike.

The Model Sondors EV campaign had a minimum raise of $70,000, which the company raised within a day on StartEngine. The campaign is now halfway to its maximum allotted raise of $1 million with two months of fundraising left. The company plans to have a working prototype complete and ready to unveil within 12 months of the campaign’s closing date, with sales of 120,000 vehicles projected in the first year.

Crowdfunding small cars is an idea that’s spilling over into other countries. Uniti Sweden is using a similar campaign via FundedByMe to raise funds for its little electric car (with four wheels), and it’s 180% funded with more than two weeks left in the campaign.

The Model Sondors aims to provide inexpensive, accessible electric transportation. The car will be available with 50-mile, 100-mile, or 200-mile ranges, with a goal starting price of $10,000. It will also be able to recharge in a normal household outlet, so there’s no need to hire an electrician to install a charging station.

Full article https://techcrunch.com/2016/11/01/sondo ... aise-500k/

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Tessy
Posts: 134
Joined: Sat Jul 09, 2016 1:51 pm

Re: New all-electric Can-Am Spyder concept with 105 miles of range [Video]

Wed Nov 09, 2016 6:30 pm

Wow. It kind of looks like a spider

carFlyer213
Posts: 15
Joined: Tue Nov 01, 2016 5:02 am

Re: New all-electric Can-Am Spyder concept with 105 miles of range [Video]

Sat Nov 26, 2016 7:22 pm

It is a cool looking car. Does it look a bit small?

jimmyjon
Posts: 147
Joined: Tue Aug 09, 2016 8:08 pm

Re: New all-electric Can-Am Spyder concept with 105 miles of range [Video]

Wed Nov 30, 2016 7:06 am

That totally looks like a spider. Creepy

splitmitten
Posts: 113
Joined: Thu Oct 27, 2016 12:00 am

Re: New all-electric Can-Am Spyder concept with 105 miles of range [Video]

Mon Dec 05, 2016 4:55 am

A starting price of $10,000 everyone could afford that

m16charged
Posts: 39
Joined: Wed Oct 26, 2016 11:54 pm

Re: New all-electric Can-Am Spyder concept with 105 miles of range [Video]

Wed Jan 04, 2017 1:44 am

splitmitten wrote:A starting price of $10,000 everyone could afford that



Seriously cheap

citygirl
Posts: 83
Joined: Wed Feb 15, 2017 12:01 am

Re: New all-electric Can-Am Spyder concept with 105 miles of range [Video]

Wed Feb 15, 2017 5:52 am

What a cool looking car . Love that I can charge it in my house outlets.

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