# Olympian Motors

Next-generation Electric Vehicles⚡⚡

## Elevator pitch
Olympian Motors is building the most elegant electric vehicles of the 21st century. We blend the timeless design, minimalism and nature. We only use top-quality tactile materials. We provide military-grade data privacy & safety. We are Olympian.

- Canonical URL: https://wefunder.com/olympianmotors
- Entity ID: wefunder:company:112704
- Last updated: 2026-06-16T19:30:44Z
- Generated at: 2026-06-16T23:33:24Z

## Quick facts
- Olympian Motors is a next-generation EV and technology company.
- Manufacturing timeless, art-deco electric vehicles. We challenge today's mundane, weak car designs.
- Pioneering an open, modular, decoupled EV architecture. With 85% lower CAPEX. 60% faster lead times
- ⚡️⚡️ Upcoming Milestone: Model O1 Roadshow will start in October 2026 across OC, SF and NYC.
- Backed by: Y-Combinator, NVIDIA, Climate Capital, Amazon AWS, Soma & Collaborative.
- A rising American EV challenger to Tesla and Rivian, targeting 7% U.S. market share by 2030.
- High-caliber, technical founding team joined from Qualcomm, Tesla, and Apple.

## Active fundraises
- wefunder:fundraise:123979: 4(a)(6) successful (USD)
- wefunder:fundraise:123978: 4(a)(6) successful (USD)
- wefunder:fundraise:61217: 4(a)(6) successful (USD)
- wefunder:fundraise:61325: 4(a)(6) successful (USD)

## Story
PRE-IPO Round | Final Deadline: 08.30.2026-------💸 Revenue Backlog: $69M+ 🚗 Number of Orders: 850+🏭 Production Capacity: 1,800 units in 2026✅ Backed by: Y-Combinator, NVIDIA, CATL, Climate Capital, Mobility Vision, Amazon AWS, Soma & Collaborative Fund.🏁 🏁 Next Step > October 2026: Model O1 Roadshows start across NYC, SF, LA & OC.(If interested to join. please request an invite from ir@olympianmotors.com)⚡️Olympian builds timeless, art-deco electric vehicles. We challenge today’s mundane, weak, over-standardized car designs by traditional automakers.► Olympian EVs are powered by a fully modular, de-coupled EV architecture. We are pioneering a novel modular production model, delivering 85–90% reductions in tooling and machinery costs, and 60–80% faster production-lead-times.Thank you.-------PRE-IPO Round | Final Deadline: 08.30.2026

## FAQ
1. **Does Model 01 come with airbags for safety?**
   - Yes, of course! Similar to all the other automakers in the U.S., we are also subject to the regulations and safety requirements of NHTSA.
2. **Is there a cap table / data room we can review?**
   - Hi Brandon, Our co-founders & early employees cumulatively represent ~87.2% of shares in the pro-forma cap table, while previous investors have ~12.8%. We only provide data room access for institutional investors that includes certain due-diligence items such as our strategic partnership agreements, supplier agreements, the list of pre-ordered customers, our employee details, and our prototyping documentation. That being said, please feel free to directly email us for any particular quest...
3. **EARLY BIRD TERMS: $851,414 LEFT $2,593,585 raised from 111 investors What's the valuation if I invest? I see an early bird bonus: The first $1M of investments will be in a Safe with a $28M valuation cap. How long does the battery last and how much cost to replace the battery?**
   - The current valuation is $70M, with a 10% discount offered as an early bird bonus. Regarding your question about the battery, we offer two battery options. 1) 205 miles and 2) 335 miles. The cost of replacing a battery will be $9,700 on average for the US and Canada.
4. **One of the biggest challenges EVs face is their range. Why on earth would you use such aerodynamically inefficient body styles? Engineers have made huge strides optimizing body styles for decades, and you decide to go with a box and a design from before anyone had ever even co...**
   - Hi Matt, while battery range was a significant challenge 10 years ago, technological advancements have made it much less of an issue today. At Olympian Motors, we believe that design and performance can coexist. Our priority is creating vehicles with excellent range and an iconic style rather than focusing solely on aerodynamic efficiency. There are many options on the market for those who prioritize aerodynamics, but we’re proud to offer something distinct for those who value innovation and ...
5. **Hi team, I hope you are doing great. Congratulations on the raise so far. I have a few questions and apologizes if it has been a answered earlier. 1. How much does it cost to buy your vehicle? 2. Most of the car manufacturers face a steep uphill battle. Between prototype to ac...**
   - Hi Arul, great to hear from you! Thank you for your questions and the kind words. Here's a bit more detail on the points you raised: 1) The base MSRP for the Model O1 and Model 84 is $80,000 in the U.S. and Canada. Our new Olympus EV platform is priced at $50,000. 2) Olympian's fully modular EV architecture is the answer. We've taken a radically different approach across manufacturing, operations and company culture. In the past, those failed "first-gen" EV players followed a traditional vehi...

## Team
- Eren Alan Canarslan (Founder, CEO & Chief Engineer)
- Adam Ruddle (Head of Vehicle Engineering)
- Henry Wang (Product & Manufacturing)
- Jasmine Sungu (Strategy & Ops)

## Recent posts
- Behind The Scenes: Olympus Platform | Open, Modular EV Skateboard (2026-04-14T16:33:28Z)
- 🚀 Model O1 is featured in Inc. Magazine. (2026-01-22T22:14:35Z)
- This Week – Olympian Motors at The Detroit Battery Show: Launching 2026 EV Platform Kit (2025-10-06T17:19:36Z)
- Amazon AWS & Olympian Partner to Unveil AI-Cockpit in Model O1! 🕹️ (2025-09-15T23:16:14Z)
- Investor Webinar + Live Demo - Q3/2025 (2025-08-05T04:23:49Z)
- 💾 Save the Date: Olympian Demo Day in Los Angeles!🌅 (2025-05-26T23:21:13Z)
- NVIDIA and Olympian Motors Partner to Build the First AI-Powered EV Platform 🦾 (2024-12-24T23:55:45Z)
- 🚀Celebrating Olympian Demo Day in San Francisco! (2024-10-18T21:14:59Z)
- Olympian x MATLAB (2023-12-20T22:53:06Z)
- Olympian Motors at CES 2024! 🌠 (2023-12-13T04:36:54Z)
- Model O1 Premieres at NY Tech Week 2023! (2023-11-07T23:40:36Z)

## Q&A
- Q: Hi team, I hope you are doing great. Congratulations on the raise so far. I have a few questions and apologizes if it has been a answered earlier. 1. How much does it cost to buy your vehicle? 2. Most of the car manufacturers face a steep uphill battle. Between prototype to actually putting the product in the market there are going to a lot of challenges, how do you plan to overcome this? (Failed startups included sono motors, Strom motors and many more) 3. When do you estimate to be see your product reach the hands of the customer? And how much do you expect to spend till say you sell all your pre-orders? 4. How do you plan on tackling autonomous driving technology? (If it matures earlier) Thankyou so much. Looking forward to hearing from you.
  - A: Hi Arul, great to hear from you! Thank you for your questions and the kind words. Here's a bit more detail on the points you raised: 1) The base MSRP for the Model O1 and Model 84 is $80,000 in the U.S. and Canada. Our new Olympus EV platform is priced at $50,000. 2) Olympian's fully modular EV architecture is the answer. We've taken a radically different approach across manufacturing, operations and company culture. In the past, those failed "first-gen" EV players followed a traditional vehicle development approach, which often took at least 3-5 years to bring a vehicle to market. They faced high cash burn rates, invested in lavish offices and facilities, and built large, bureaucratic organizations. Unfortunately, most of these companies failed before ever delivering a vehicle to customers. We've simplified the electro-mechanical system, reduced sensor, actuator and harness complexity, and fully modularized our drivetrain, chassis, upper vehicle body and cockpit components. We've also combined our infotainment and diagnostics software into a single, efficient application. We maintain a lean team with 10X engineers and prioritize co-development with our strategic partners, rather than attempting to build everything in-house. 3) We scheduled our first customer deliveries in December 2024, which will mark one of the fastest go-to-market launches ever by an automaker. 4) Regarding autonomous driving, we currently have no plans to pursue L2/L3 autonomy development in-house, as it's a completely different business line that requires distinct technical expertise. Our core focus remains on building exceptional vehicles. That said, when the market matures and it's the right time for Olympian Motors, we intend to integrate an existing solution, or even potentially license it from Tesla when/if it becomes available to other automakers.
- Q: Could you please respond to the questions people posted here in the past few months?????!!!
  - A: Hi Samuel, thank you for your patience! We’re actively working through the backlog of questions. We have focused on developing our Model 84, which was launched at Tech Week in San Francisco this month! We truly appreciate your understanding and support.
- Q: Good day all, Where are you on deliveries right now. I see the backlog but curious on deliveries from orders.
- Q: One of the biggest challenges EVs face is their range. Why on earth would you use such aerodynamically inefficient body styles? Engineers have made huge strides optimizing body styles for decades, and you decide to go with a box and a design from before anyone had ever even considered aerodynamics in automobile design...???
  - A: Hi Matt, while battery range was a significant challenge 10 years ago, technological advancements have made it much less of an issue today. At Olympian Motors, we believe that design and performance can coexist. Our priority is creating vehicles with excellent range and an iconic style rather than focusing solely on aerodynamic efficiency. There are many options on the market for those who prioritize aerodynamics, but we’re proud to offer something distinct for those who value innovation and timeless design.
- Q: Is there a cap table / data room we can review?
  - A: Hi Brandon, Our co-founders & early employees cumulatively represent ~87.2% of shares in the pro-forma cap table, while previous investors have ~12.8%. We only provide data room access for institutional investors that includes certain due-diligence items such as our strategic partnership agreements, supplier agreements, the list of pre-ordered customers, our employee details, and our prototyping documentation. That being said, please feel free to directly email us for any particular question - we will do our best to provide you with a detailed answer. Thank you! Eren
- Q: Hi, my name is Lucas, and I’m very interested in Olympian Motors as a company. I’m considering investing but have a few questions regarding the technological direction of your vehicles. I appreciate the minimalist approach, but modern consumers often look for more than just design—they value connectivity, customization, and innovation. With that in mind: 1. How will Olympian Motors integrate smartphone connectivity? Will there be a way for users to remotely access or update their vehicles through a mobile app or other platform? 2. Are the dials and instrumentation in the vehicle completely fixed, or is there any digital adaptability, like customizable gauges or display options? 3. Many buyers choose Tesla or Rivian not just for the EV aspect but for their evolving software and tech-forward experience. What features set Olympian apart in terms of digital functionality beyond the classic aesthetic? 4. Some brands, like Bugatti, have chosen to go fully mechanical, while others focus on software-driven experiences. Where does Olympian Motors position itself between timeless minimalism and modern digital enhancements? I’d love to hear more about the company’s vision for balancing simplicity with innovation. Looking forward to your insights!
- Q: Hi team, Given that the base MSRP for your vehicles is significantly higher than many established and emerging competitors’ entry-level EVs, such as Tesla's Model 3 or Hyundai's Ioniq 5, how do you plan to convince price-sensitive or first-time EV buyers of the added value of Olympian Motors' offerings? What specific features, performance metrics, or ownership benefits justify the premium price point, and how do you envision overcoming price as a barrier to market penetration?
- Q: What is the price of each share of Olympian Motors on wefunder.com!??????
  - A: Hi Gerorge, The latest Share Price (est.) = $4.76, as of October 2024, Series-A Round.
- Q: Awesome start-up company
  - A: Thank you for your support, George! We are excited to have you on board.
- Q: Hi team, A few questions as a previous investor from 2023. 1. How much funding is need to get to the revenue of 68M pre-orders? 2. What would be a realistic timeline, not optimistic? (reference to my question back from Sep 2023 where you explained why other companies failed and took them 3-5 years to get to market. Almost 2 and a half years later where is Olympian?) 3. What major hurdles do you see along this path? 4. Many automobile companies came and went because of the manufacturing struggle and of course you claim to have an edge there with lego like model but visibly as an investor with almost 3 passing years the pitch and reality seems to be a bit different. What do you all think I might be missing here? 5. How many customers have been served so far? Did your previous timeline of Dec 2024 met? If not what were the learnings?
  - A: We are executing fearlessly at Olympian. I see no hurdles or problems.We are accomplishing all major objectives in our timeline, and doing this in a world where legacy automakers closing their EV programs.Olympian has been already delivering Platform skateboards since Q4/2025.Model O1 will be on the road by Q3/2026.So, I’m even more optimistic today than I was three years ago.Thanks - Eren
- Q: I like to invest in EV companies but I am waiting for that big return still. I wonder i read some of the previous questions, How many deliveries 1) do you have so far as of August 2025? 2_ What is the profit margin on those deliveries? I think you planned to have at least one if I have read the previous questions correctly. 80k is a high price for a EV but if you can make a profit due to modularity that would be nice. Lucid Air and Gravity are not profitable but they are very nice rides. Car and driver car of the year 2024. I visited your site I saw the range it is okay. So what do your deliveries look like for 2025 and 2026? If you have significant deliveries where can I see customer feedback?
- Q: Ok
- Q: Hi, I was wondering if there was any chance of recovering my $250 investment? I have recently become disabled and no longer have much in the way of discretionary funds. Any help with this would be greatly appreciated. Thanks, Sandra Gollmar
  - A: Hi Sandra, I’m really sorry to hear about your situation. Please email us directly to discuss this. IR@olympianmotors.com. We want to help.
- Q: What is the first raise limit-$4.5M?
- Q: How many vehicles did you actually ship in 2023? Early promotional materials suggested 40 would be shipped, and elsewhere that capacity was for 320 vehicles (either for 2023 or each quarter starting at Q2 of 2023). Did you achieve those numbers