Invest in Olympian Motors ✅ (YC W22)

Manufacturing modular electric vehicles⚡⚡ An emerging competitor to Tesla and Rivian.

EARLY BIRD TERMS: $201,868 LEFT

$5,605,132

of a $8,910,000 goal
INVESTMENT TERMS
Future Equity
 $70M  $63M valuation cap
Early Bird Bonus: The first $400K of investments will be in a SAFE with a $63M valuation cap
$2K, $10K, $25K, $50K, $99K

Highlights

VC-Backed

Raised $250K or more from a venture firm

Y Combinator

Raised from Y Combinator

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⚡️Olympian Motors is manufacturing modular electric vehicles for the U.S. passenger vehicle market.
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⚙️We engineered a new Modular Vehicle/eDrivetrain (MVDS). ▚ Reduced tooling/machinery costs by ~80%.
3
✚ $45M revenue pipeline. ✚ Booked 570+ orders for Olympian Model O1 and Model 84. (As of Nov 2024)
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✅ Current Investors: Y-Combinator, Climate Capital, Mobility Vision, Reunited, Soma & Collaborative.

Featured Investors


Our Team

We love aesthetics, minimalism and privacy. We decided to blend timeless design, minimalism and nature to bring people the most elegant electric vehicles of the 21st century.

Olympian Motors is a modular electric vehicle company, based in New York.

⚡️ Olympian manufactures modular electric vehicles with class & aesthetics.

► Bold styles merged with a disruptive, modular-open EV platform.

💸 Revenue Backlog: $45M $29M (as of Nov 19th, 2024)

🚗 Number of Orders: 564 394 (as of Nov 19th, 2024)

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⚙️ Our team engineered Olympian eMVDS: A disruptive, modular, Lego-EV architecture that enables cost-efficient, scalable, and accelerated production.

🏭 Current Production Capacity (2024): 320 EVs (across Brooklyn & LA sites)

🏭🏭 Projected Production Capacity : ►3K units in 2025 | ►24,000 units in 2026

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

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

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Recent Commercial Milestones:

💥 Oct 2024: Hosted Olympian Demo Day in San Francisco with Model 84

► Sept 2024: Started test-drives of Model 84 and Olympus Platform in Malibu, CA

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

► Jan 2024: Debuted Model O1 & Olympus EV platform at CES 2024 in Las Vegas

► Dec 2023: Started test-drives of Model O1 and Model 84 in Brooklyn, NY

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

Model O1, June 2024
Olympus Platform and Model 84, Oct 2024

➡️ Olympus eMVDS: Our disruptive "Lego-EV"

Olympian is pioneering modular EV production in the American auto industry.

► We engineered a disruptive, modular/open electric vehicle platform to change traditional EV manufacturing methodologies in the United States.

Olympian eMVDS offers a disruptive 'Lego-EV' architecture that drastically cuts tooling, machinery, fitment and labor expenses, reduced production lead times and enables our rapid go-to-market plan.

Full-compatibility with Tesla charging standard (NACS): All Olympian vehicles are fully compatible with the Tesla (NACS) standard, allowing our customers to use Tesla home chargers and Superchargers seamlessly. Unlike other automakers, Olympian provides easy access to Tesla's established charging network across the U.S. and Canada.

►  Minimalistic cockpit: We offer a simplified infotainment/navigation module and removed dependency to excessively large display screens and buttons in today's cars.

Built via Olympian eMVDS, our disruptive modular EV architecture.

 Model O1 (Sedan) and ► Model 84 (SUV)

Olympus Modular eMVDS and Open OS enables:

•  Rapid design-to-production cycle: Shortened to 8 months from the industry average of 5+ years

•  ~70% reduction in tooling & machinery costs

•  ~30% reduction in wiring harness & associated labor expenses

•  ~60% faster production lead-time compared to legacy automakers like Ford, GM, Volkswagen

Our novel modular EV manufacturing approach revolutionizes the conventional car production process, enabling a Lego-like assembly of Olympian vehicles that reduces costs and accelerates production.


At Olympian Motors, we reject today's commoditized standardized and boring car experiences.

We prioritize:

► Experience over cliche.

► Aesthetics over horsepower.

► Silence over noise.

► Steel and wood over plastic and toxic chemicals.

► A screenless, minimalist cockpit over large, invasive display screens


Key Long Term Objectives:

  1. Capture 7% market share in the U.S. passenger vehicle market by 2030.
  2. Change the status-quo in automotive design, and bring aesthetics, style and experience back to the car industry.
  3. Pioneer modular, "Lego-EV" production and change the manufacturing inertia in United States. We aim to bring agility, speed and cost-efficiency back to the U.S. automotive industry.
  4. Outcompete Lucid, Rivian, Ford and GM by 2030, using the advantage of Olympian eMVDS - modular vehicle/drivetrain system. We strongly believe that our modular EV approach is a smarter way to produce cars.
  5. Make Olympian 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 cash-positive unit economics.

Model O1, Brooklyn, June 2024
Model O1, CES 2024, Las Vegas
Oct 2024: Olympian Demo Day in San Francisco
Model 84, San Francisco, Oct 2024
Model 84, San Francisco, Oct 2024






Overview