All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. I was asking if they'd be able to scale up production, details about battery manufacturing, and details about proof of concept translating to tangible and scalable manufacture. The offering is open to the public and investors must purchase at least 16 shares at $15.88 . Rivian: The base price for the 230-mile version of the R1T truck is $62,000. Of course from a large companies perspective, this would be a great savings on gas. The Atlis XT promises even more range, faster charging, and a lower starting price. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. At face value, its the kind of undertaking that sounds like it could bankrupt a legacy automaker. Tesla survived through the rough times on their Fanboy base, its big! This new funding will allow us to continue to scale operations to produce state-of-the-art batteries, platforms and pickups needed to advance the work truck market.. This didnt age well considering the current valuation. This will allow for it to make a high-capacity, high-output, fast-charging work truck. So we are still going down the path of developing the solution., Atlis plan: electric truck, platform, charging. ATLIS is developing a fully electric vehicle platform, proprietary battery cells and packs, and the necessary charging infrastructure to recharge a 500-mile range battery in less than 15 minutes. About ATLIS Motor VehiclesATLIS is a mobility technology company developing products that will power work. Mr. Hanchetts mission for Atlis Motors is to create a reliable alternative to traditional combustion engine vehicles that will meet the needs of both consumers and businesses alike without compromising on quality or performance. All sales will be direct no dealerships. Along with new, higher range ratings for models with Dual Motor models, Rivian revealed that the smaller, mass-market R2 lineup will be simplified and easier to build. Additionally, its important to keep up with company news and updates so that you are always informed about where the company stands regardig production and sales. Cookie Notice Our focus is really to be sort of the Apple of energy and vehicle systems, so weve got an energy group thats focused on energy storage, charging infrastructure, battery technology, he said. Atlas Corporation (ATCO) is a good company to consider for investment. The XT pickup truck, targeted at the work truck market, is being developed to meet the size, refueling, towing and payload capabilities of conventional diesel-powered pickup trucks. OldProspectR 8 mo. William was born in Denton, TX and currently resides in Austin. Maserati on Your Mind? About The GEM GroupGlobal Emerging Markets ("GEM") is a $3.4 billion alternative investment group based in Paris, New York, The Bahamas, and Los Angeles. Atlis: The Atlis XT truck, designed as a working mans pickup, has only been seen in digital form. Atlis Motor Vehicles went public on September 17th, 2020, when it held its initial public offering (IPO) and began trading on the NASDAQ stock exchange as AMV stock. Whether Atlis stock is a good investment or not is difficult to say, as it is a high-risk venture with no liquidity. Rivian plans to offer three battery sizes: 105 kWh, 135 kWh, and 180 kWh. Privacy Policy. "AUSMV's investment, combined with the Reg A+ offering that we just launched, are critical milestones in the momentum of Atlis Motor Vehicles," said Mark Hanchett, ATLIS founder and CEO. Hanchett said that the CharIn (CCS) consortium thats working toward a 1 to 3 MW standard for electric commercial trucks will result in another inconsistent experience. Then I thought I remembered someone told me that the general public cannot invest in a pre IPO stock because they aren't considered a sophisticated investor. The Battle of Sodden Hill Coming Alive From the Books. Gonna post the link at the bottom. if anyone knows anything about this please give me some insight. Level 2: $5,017 Investment. The Max Pack versions will only come in Dual Motor form, with the companys latest, in-house Enduro drive units. According to Hanchett, Atlis has already built in-house the motors, gearboxes, frame, and suspension for the platform and/or the truck, as well as body control modules, vehicle dynamic systems, and braking systems. Lets go over everything we know so far about the Atlis Motors IPO plans. I saw an ad to invest in Atlis Motor Company. What is described is a more advanced ability set than Volkswagen Group and Hyundai are reportedly working on for their multi-billion-dollar premium EV platforms, or what would likely be possible with GM's Ultium battery systemwhich usesa new kind of wireless battery management system. To meet the towing and payload capabilities of legacy diesel-powered vehicles, ATLIS also is developing proprietary battery technology, electric motors, and a modular system architecture to create a high capacity, high output, fast-charging work truck to meet customer needs. Jul 01, 2021, 10:46 ET. Atlis Motors says that it intends to submit an S-1 format Form 1-A and Nasdaq Global Market application. Check out our wiki to learn more! Together these five investors have prvided Atlis Motor Vehicles with much needed investment to help them continue their mission of creating reliable electric vehicles for the future. An XT pickup truck will serve as the launch vehicle and flagshipstarting at $45,000, with a 10,000-pound tow rating and a 125-kwh pack with an alleged 300-mile range. As of January 29 its website showed a total of nearly $4.23 million raised. Create an account to follow your favorite communities and start taking part in conversations. But the first vehicle available from Rivian, starting in 2020, will be the 400-mile version. South Koreabased Media Tech will supply, install, and calibrate the basis for a limited-run prototype battery cell production line, while Greatech, which is based in Malaysia but has a Detroit-area factory in the works, will supply the equipment for limited-production prototype packs. Almost any post related to stocks is welcome on /r/stocks. Atlis approach involves having each of its cellsrather than the module or the whole packsubmerged in thermally managed coolant, so that they each function as part of a heat exchanger. Its financial performance has been strong, with increasing sales and profitability over the past few years. The company has raised over $8 billion in investment capital since its founding and is one of the most highly valued startups in the US. By going public, we will unlock the capital needed to succeed," said Mark Hanchett, ATLIS founder and CEO. Revamped 360-mile Tesla Model X: Will a yoke really replace a steering wheel? For more information visit www.atlismotorvehicles.com. GEM manages a diverse set of investment vehicles focused on emerging markets that provide the group and its investors with a diversified portfolio of asset classes that span the global private investing spectrum. The IPO was conducted through a Registration A process. The company gave a few rides in working pre-production models when it debuted the truck at the 2018 L.A. Auto Show. Through a smart switching system, the 400V packs have the capability to change their effective voltage of the entire pack to 800V or 1,600V on demandallowing back-compatibility for 400V CCS charging. Its backers include the Sumitomo Corporation of America and Saudi Arabias Abdul Latif Jameel Company. It all happens at the free AI Super Summit. You can catch up on all of this news by checking out the following links! Is the Atlis Motor vehicle pre-IPO round of investing real? For more information: https://www.gemny.com, View original content:https://www.prnewswire.com/news-releases/atlis-motor-vehicles-secures-300-million-capital-commitment-from-global-emerging-markets-gem-301324435.html, Plus500. Atlis has some very good ideasparticularly around the simplification of platform components, in something that might be used for an urban delivery vehicle all the way up to a light- or medium-duty Semi. Home Finance Invest in the Future with Atlis Motors Stocks! Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. Nasdaq Based in Plymouth, Michigan, Rivian was founded in 2009 and is focused on launching electric pickup and SUV models as well as providing delivery vans to Amazon. Copyright For more information, visit www.atlismotorvehicles.com. His expertise and passion for electric vehicles led him to found Atlis Motors in 2018. And Nissan held the line on EV projections for the U.S., but its delivering some of its new Ariya EVs with electric semis. With this dedicated group of individuals, Atlis Motor Vehicles is able to provide innovative solutions for customers around the world. That equates to 230, 300 and 400 miles. Concurrent with a public listing, ATLIS Motor Vehicles will issue warrants to GEM to purchase up to 4.2% of the common stock of the company. (Note: they have successfully tested a small scale 3kwh battery with their fast charging). When typing in this field, a list of search results will appear and be automatically updated as you type. Bollinger, for instance, has planned its vehicles as Class 3, meaning that they wont be held to some of the same safety standards as light vehicles. The electric automaker went public on March 17, 2021 on the Nasdaq stock exchange under the ticker symbol RIV. Atlis Motor Vehicles Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. The price for that longer-range model has not yet been announced. Three things that investors should take note of: Atlis is addressing the issues of low range and long charge times: Their current vehicle has a range of up to 500 miles and their patent-pending charging technology can bring the vehicle's battery to a full charge in under 15 minutes! 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