Breakthrough
We've cracked the code to making a mass market affordable $19,995 (after federal tax credit) electric car that zips its driver along at the equivalent of 150-mpg for the short-distance driving (commuting and local errands) that comprises 70% to 80% of all car driving that gets to profits on as little as $50 million and 1,000 cars per year.
Investment sought:
We are simultaneously seeking $20 to $50 million from strategic investors and seeking investment of $1 million to $2 million to better attract those strategic investors. Think that the risk is too high and the rewards are too low for the first $1 to $2 million of investors but you see that electric vehicles have a high return potential - then you'll want to ask what we've done to reduce your risk so you can see a high (projected) return.
The Model T changed everything about personal transportation - the Model T of EVs will do the same
The Model T was mass market affordable, practical for daily driving, and profitable to build. Today's electric cars meet 1 out of 3 of this criteria -- which is why the market for EVs is so small even thought $100+ billion has been spent on electric cars so far.
Note that after the Model T debuted, it took just 20 years before there were more cars in America than horses. Yet, it has been 24 years since the debut of the EV1 - and EV sales in the US hover around 2% of the new vehicle market. That's because long-range EVs cost too much for most people and aren't as convenient as gas cars for really long trips.
Why Invest in Myers EV now?
If you believe that electric cars are a disruptive technology -- if you understand that disruptive technologies come to market differently than sustaining technologies -- if the valuations of Tesla and others pure-EV companies tells you that investors are predicting the future is electric -- then Myers EV should be in your investment portfolio because only Myers EV is following the proven path that disruptive technologies come to market. And it is that little difference that will create a big difference.
Ready to Ask For Funding for your company?
Post a Funding Request