Invest in Lit Motors
Revolutionary Self-Balancing 2-Wheeled Software Defined EV 2.0
Highlights
Notable Angel
Raised $25k or more from a notable angel investor
Featured Investors
Tech investor, patent holder, works in healthcare.
“I became utterly captivated by Lit Motors more than a decade ago, the moment I laid eyes on the unveiling of the C-1 concept. The sheer innovation and capabilities it promised left me thoroughly astounded, compelling me immediately to place a reservation. Fast forward to today, and my admiration for what Lit Motors is striving to achieve has only grown stronger. The company now boasts an exceptional team, one I've taken the time to learn about in detail (rest assured, my due diligence has bee...”
“These days so many things get hyped with buzzwords - “Transformational!” “Groundbreaking!” You get the idea. That being said, it is my sincere belief that what Lit Motors is developing is worthy of these buzzwords and dozens more. The global implications of this vehicle hitting the world’s roads would be nothing short of massive. Cleaner air in dense cities, maximizing limited resources - battery materials and road space, developing an EV that is more affordable to a much greater part of the driving population. The list goes on. Fundamentally it just makes sense. As for my experience with Lit Motors I’ve seen continual growth with various system or vehicle prototypes and the creation of a comprehensive wide-ranging patent portfolio that the company holds on it’s books. It has not been an easy path. Through ups and downs Danny's determination is constant. Very few people could bring together topflight aerospace engineers and topflight car development professionals. Danny is one of those few people. I am proud and excited to be part of the process of making this vehicle a reality.”
Our Team
Pitch
Meet your next car. Faster, cheaper, easier, and more convenient—reimagine your commute with the Lit Motors Auto-balance Electric Vehicle (AEV).
Perfect for city dwellers, multi-car families, and everyone in between, the AEV bridges the gap between public transportation (unreliable, slow) and full-size vehicles (inefficient, expensive), welcoming a new era of agility, efficiency, and sustainability to the vehicle market.
The AEV holds the same value proposition of a 4W EV while reducing circular economic waste. Reduce commute time with lane split ability, and say goodbye to parking anxiety!
- Seats two (driver and passenger)
- Smaller battery = more efficient to charge, reduced replacement cost
- ~5 min - 6 hr charge time (Tesla supercharger to 110V electrical outlet)
- Convenient to maneuver and park
Our robust patent portfolio establishes our patent moat through 2039, and our granted controls patents secure our intellectual dominance in Europe, Asia, India, and North America.
As cities become increasingly overpopulated, urban commuters are looking for a mode of personal transportation that offers flexibility, convenience, safety, and privacy. We are poised to disrupt two major industries that will generate a combined revenue of $1.1-$5 trillion in revenue from 2024-2030: 4W cars and motorcycles.
With over 1450 preorders for the AEV, we’ve already demonstrated a strong market demand for a highly efficient 2W commuter vehicle. At point of sale (POS), we currently expect a projected revenue of $46.4M at a $32,000 MSRP (projections not guaranteed).
- International patent portfolio issued in Asia, Europe, US, and India
- First market mover
- 1/10 the parts count of a car = faster production time and double digit margins
- Poised to disrupt the $1.1T automotive industry
- Multiple massive applications: private ownership, rideshare, B2C delivery, business utility, military, medical transport, commuter, sports, luxury, CAAS
EV buyers today commonly face range anxiety, affordability, battery replacement, and maintenance costs. The EV market has demonstrated year over year growth, but consumers are now looking for better value, practicality, and sustainability.
Current market trends demonstrate a strong market for 2-wheeled EVs. Based on global transportation statistics, trends, and growth, our vehicle is projected to make an extraordinary impact in Asia, Europe, and major North American cities, introducing a new level of efficiency for drivers around the globe.
Honda invests $3.4 billion with aim of selling 4 million electric motorcycles a year by 2030. (source: New York Times. Link)
China and Europe are dominating global EV sales (source: IEA. Link)
By 2030, EVs could reach 62%-86% of global vehicle sales (source: RMI. Link)
EV Market’s Surge Toward $57 Trillion Sparks Global Flashpoints (source: Bloomberg. Link)
Our twin Control Moment Gyroscopes (CMGs), primarily used for satellite positioning, are the foundation of the AEV’s technical innovations. It's the absolute best of motorcycles, EVs, and satellite technology, all in one!
Safety is our top priority. Our balancing system ensures that the imparted force from a side impact is naturally transferred to the gyros and not the occupants, providing a 4th level of protection unmatched by any other vehicle on the market.
The gyroscopes allow for incredible stability, even in icy conditions. Fitted with the same features of a 4W vehicle (front and side airbags, seatbelts, aluminum/steel chassis/safety cell, plus additional advantages of gyroscope technology) this is the next evolution in EVs without compromising safety, speed, or performance.
Consider this: EVs typically have a low resale value due to their enormous cost of replacement. The cost to replace the battery of a Tesla Model S is akin to buying a new car.
Our lightweight vehicle architecture lends to more efficient battery usage due to the vehicle's reduced weight and improved aerodynamics (the lower the coefficient of drag, the better) - and as a result, requires just 1/6 the battery size of a typical EV.
- Maintain long term EV value with affordable battery replacement
- Less energy consumption, more efficient and cost-friendly
- Faster charging capability
- Less effects on range due to reduced vehicle weight
- Lower manufacturing cost and environmental impact
The Lit Motors AEV consists of fewer than 2,500 parts which means less maintenance, battery consumption, manufacturing and operation emissions, and never-before-seen margins in the automobile industry.
We have successfully created two prototypes in 2012 and 2014, but took a major hiatus between 2015-2020 while our founder and CEO recovered from a debilitating motorcycle accident.
During this 5 year period, we developed an impenetrable patent portfolio and assembled a world class core engineering team while the EV market was maturing. Our AEV has become more relevant than ever, and our team is extremely excited to move forward with development.
With this round of funding, our crucial next step is to manufacture a production prototype (beta) that will be a drive experience prototype; looking and feeling as close to the finished product as possible, while engineered and designed to meet EU NCAP standards.
We are ready to bring this beta prototype to life in coordination with Ideenion (Ingolstodt, Germany) alongside our team of world-class engineers. This will allow us to implement long test drives and gain authentic customer feedback in a qualitative clinic similar to the Lit Motors HBS.
This hard data will be used to refine adjustments and gauge production potential before entering the next phase of fundraising for serial production and increasing preorders in the process.
Our goal is to produce a total of 1,000,000 units by year 10 (50% faster than Tesla) according to the production timeline strategy developed by our team of former Audi experts.
Year 1 begins as soon as we reach our fundraising goal and money hits the bank. The next steps are to develop a “BOM” (bill of materials), a manufacturing assembly sequence, a tooling and supply chain strategy, and bring the AEV up to EU NCAP standards.
Once funded, we plan to move into small scale production to build 3 additional beta prototypes in 12-24 months. After that point, larger scale production will be possible after raising $300M for a 50,000 unit/yr assembly line.
We expect preorders to skyrocket once our first beta goes live and we increase brand awareness on social media, hold showroom events, and convert interested consumers into the next generation of AEV believers.
Serial production of 10,000 units will generate $320,000,000 in revenue, making Lit Motors net income positive. Our valuation, depending on the multiplier (10-30x), is valued at $3-9B (projections not guaranteed).
Our core product development team of space, missile, and automotive engineers, is composed of industry experts from Honeywell, Raytheon, and Audi: an engineering dream come true.
Gyro Team
No one has been able to recreate what we have, thanks to the incredible contributions of David Bailey, who was able to solve the integrated problem of drive-by-wire steering and Control Moment Gyros.
Based on thousands of hours of development of an AEV-specific vehicle dynamics model, a non-linear closed loop controls model, and MATLAB Simulink simulation, this unique combination of math, dynamics, and robotics is nothing short of a miracle; we'd even call it magic.
Vehicle Development-to-Serial Production Team
Our former-Audi team of experts make serial production possible up to 50,000 units per year. Volker, Stefan, and Mirko bring over 70+ combined years of experience, and in-depth knowledge in BOM development, factory planning, tooling/supply chain strategy, and NCAP readiness in a process similar to producing luxury cars.
We imagine a world where our vehicle efficiency could allow for faster deliveries, quicker response times for emergency vehicles, and potential for new racing/recreation categories.
Our AEV platform is set to revolutionize transportation with a wide variety of vertical applications such as B2B, B2C, military, police, medical transport, last mile options, and auto sports.
Our groundbreaking tech has been covered by the New York times, Wired, Forbes, TechCrunch, CNN, BBC, The Wall Street Journal, Bloomberg, USA Today, LA Times, CNET, and more.
We are a voice for the next generation - leading the way for a better, more sustainable future. Lit Motors is committed to leading this new era sustainability, convenience, and efficiency. Best of all, we’re bringing fun back into driving.
Some of our key investors and longtime supporters include Mark Pincus (founder of Zynga), Joe Gebbia (co-founder of Airbnb), three other ultra high-net worth individuals, Yves Behar (founder of fuseproject), Scott Belskey (co-creator of Behance), Oliver Bruce (angel investor and co-host of the Micromobility Podcast), and Kelly Slater (professional surfer).
In our goal to reach $11M in funding the beta development, we are raising $5M from Wefunder and $6M from private investors. We invite you to be part of this journey to redefine the future of transportation, balanced on two wheels.
Investment Summary
- $5 Trillion EV market (projected by 2030)
- Engineering team from Honeywell, Raytheon, and Audi
- Proof of demand: 1000+ preorders
- Control patent moat, protected until 2039
- EV market has caught up with us and matured
- Manufacturing partnership
- 5 ultra-high net worth investors
- 1 Trillion valuation potential
Join us to inspire the next generation of sustainable transportation.
🔥 Lit Motors Investor Pitch Deck
🔥 Lit Motors Patent Portfolio (Google Patents)
🔥 White Paper: Influence of Vehicle Specifications on CO₂ Emissions