We've Designed a More Efficient Engine
Internal Combustion Engines (ICE) are the most common motor in the world, used in everything from cars to tractors to chainsaws. But despite their prevalence, we've been using the same basic ICE design for over 140 years. Essentially, the explosion that powers the engine happens when the piston is in the "top dead center" position, when the piston, connecting rod, and crankshaft are aligned. This causes significant energy to be transferred directly into metal components, to the point where the Department of Energy says only 15% of fuel energy goes toward actually moving the vehicle. Think about it like a bicycle: pushing on the pedal before it's in an optimal position is a waste of your energy.
At Vela, we've created what could be an industry-altering solution. Our patented design allows the crankshaft to rotate where energy from the explosion is best utilized, keeping the piston in optimal compressed position to increase efficiency.
Our Market is Enormous
Besides safety, the No. 1 concern for ICE manufacturers in today’s market is to lower carbon emissions, true for combustion engines large, small, and in-between. Our vision is to reduce 10% of the amount of carbon emission released into the atmosphere by a typical ICE's, which could equate to a savings of more than 1 billion tons of CO2. So, ICE manufacturers are our direct clients. We'll license the design to them so that they can continue to produce ever-improving machines, working together to make our world better while fossil fuels are still around. In fact, we already have a conditional licensing agreement in place with Fiat for $200M once our testing cycle has been completed.
Our Progress So Far
We've bootstrapped the design of our working prototype and have verbal commitments from places like Fiat, but we need additional funding in order to complete third-party testing to ensure trust and functionality with potential clients. Once those testings are complete, we'll be able to begin licensing and manufacturing deals. We're also looking to patent the design in additional countries and bring on licensing contracts for fast growth and profitability.
Luis' Lightbulb Moment
While helping his son build a more efficient bicycle, Luis realized he could improve the internal combustion engines the same way.
First Utility Patent Issued
Vela Motor Company Incorporates
With the business plan approved, legal counsel retained, and core team established, we officially established Vela Motor Company LLC.
Second Utility Patent Application Filed
First Funding Round Completed
Check Out Our Pitch Deck
Let's Change Engines Together
Dear Potential Investors,
“Are you kidding me? Who wouldn’t want to be part of changing the world?” That was my reaction when Luis first approached me about his incredible idea. The day prior, I had consulted with him on the status of the business side of the project -- he couldn’t answer any of my business-related questions. The technology is amazing, hands down and without question, but I told him without a business, a business plan, a strategy, a great team, and funding, he wasn’t going anywhere.
The next day he called me back, invited me to be his partner, and lead the business-side of Vela. I had to think about it for about … two seconds before accepting. He thought we would make a great team: we are both dreamers, geniuses, and love to work hard. With his mechanical expertise and my 20+ years of business expertise, we are a perfect match.
I wondered how in the world a simple extendable connecting rod could be a game-changing technology. Of course, once I understood the principle behind what it actually does, it became a no-brainer. If you think about it, even for one moment, you will realize without a doubt that our technology will change the world. Our technology will be in every internal combustion engine – there isn’t another option for manufacturers.
So out of all the investment opportunities out there, which businesses can honestly say they can change the entire WORLD? We can. Think of this: if we can improve fuel efficiency by only ten percent, that is a 10% savings to families on their fuel bill, but more importantly, a 10% reduction in carbon dioxide emissions, equaling 1 billion tons every year! What’s more, we believe we can do far better than ten percent.
Join us, grow with us, and let’s change the world together!
CEO and Cofounder of Vela Motor Company