Invest in Olympian Motors ✅ (YC W22)

Olympian Motors challenges the status-quo in automotive design, and brings aesthetics, style, and experience back.

We introduce an open, modular EV manufacturing system to the U.S. automotive industry.

Overview:

🌠 Bold and aesthetic designs merged with a modular, open EV platform

🚗 Number of Vehicle Orders: 557 (as of October 2024)

💸 Revenue Backlog: $42M (as of October 2024)

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✅ Backed by: Y Combinator, Foxconn, Nvidia, Google, MIH, Mobility Vision Fund, Collaborative Fund, Reunited, Soma, Climate Capital.

🦾 Experienced, technical founder team joined from Tesla, Nvidia, Ford, Qualcomm and Apple.

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Recent Milestones:

🌆 Oct 2024: Showcased Model 84 and Olympus Platform at our Demo Day as part of San Francisco Tech Week

🏭 May 2024: Established a new production line of Model 84 in Los Angeles, CA

🌆 Jan 2024: Debuted Model O1 and Olympus EV platform at CES 2024 in Las Vegas

🌆 Nov 2023: Launched Model O1 at NY Tech Week and NYC Climate Week

➡️Product Differentiation:

At Olympian Motors, we reject the overly standardized and generic car experiences of today. Our focus is on bold, distinctive designs that bring style and aesthetics back to vehicles.

We prioritize:

• Simplicity and user experience over unnecessary features
• Natural materials like steel and wood, avoiding plastics and chemicals
• A screenless, minimalist cockpit for a more intuitive and focused driving experience

We believe in creating vehicles that are both functional and beautiful, standing apart from the commoditized cars on the market.

➡️Technical Differentiation:

We engineered a new, open, and modular electric vehicle platform and operating system (OS).

This approach simplifies the vehicle’s electro-mechanical design, speeding up manufacturing and reducing costs. Our platforms are flexible and scalable, allowing us to build different vehicle models more efficiently without compromising quality.

It's a practical solution that positions us to compete in the evolving EV market while maintaining a clear focus on production efficiency and adaptability.

Olympus EV Platform and OS enables:

• 70-80% reduction in tooling & machinery costs
• 75% faster production lead-time compared to legacy automakers Ford, GM, Volkswagen

Our Long Term Objectives:

• Capture 7% market share in the U.S. passenger & commercial vehicle market by 2030.
• Reset the standards for style, design, and experience in automotive.
• Become the Android of electric vehicles. Our modular EV platform, Olympus, gives us a competitive edge to outpace Lucid, Rivian, Ford, and GM by 2030. The simplicity and modularity of our platform allow for more efficient production and a cost-effective way to build cars at scale. We aim to pioneer modular EV production and drive higher production outputs while sustaining positive unit economics.