Tagged: cars

Brief: Elio Motors to Announce Business Model for Mass Personalization at New York International Auto Show

This week, Elio Motors, Inc. (OTCQX: ELIO) announced it will be sharing details about its new ePlus Business Model for mass personalization at New York International Auto Show. This announcement comes just after the startup vehicle manufacturer revealed its plans to sell 100 pre-production vehicles built at its Shreveport,… Read More

Elio Motors Announces Plans to Sell 100 Pre-Production Vehicles in Shreveport, Louisiana Facility

Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 MPG with a targeted base price of $6,800, announced on Friday its plans to sell 100 pre-production vehicles built at its Shreveport, Louisiana facility… Read More

Seedrs Alum POD Point Launches £1.5M Equity/Bond Dual Campaign on Crowdcube

POD Point, a UK-based tech company that produces electric vehicle charging solutions, has recently launched an equity crowdfunding campaign/bond through Crowdcube to raise £1.5 million. The initiative(s) comes nearly a year since the company’s debut on Seedrs. POD Point has designed and manufactured electric vehicle (EV) charge… Read More

Paul Elio Declares at TEDxDetroit: “Simple Innovations Can Have Far Reaching Benefits”

Elio Motors’ founder and CEO Paul Elio today said innovation can come from some of the simplest ideas, but can have world-altering results.  The entrepreneur made his remarks at TEDxDetroit, where he was one of nearly 50 visionary leaders who took the stage to inform… Read More

Wildcat Opts to Offer More Equity to Investors as Crowdcube Campaign Nears Deadline

With less than a week until its Crowdcube campaign comes to an end, it looks as though UK’s Wildcat isn’t going to reach its £1.5 million dollars goal. As previously reported, Wildcat took to the equity crowdfunding platform last month to raise the funds for… Read More

Airbnb for Cars Company Ascendia Captures Over £200,000 in Less Than Two Weeks on Seedrs

Ascendia Drive, a Maidstone, UK-based airbnb for cars, has launched an equity crowdfunding campaign on Seedrs to secure £140,000 to disrupt the $60bn car hire industry. Ascendia is described as a peer-to-peer car rental platform that allows users to own their driving experience, without owning the car. It helps drivers to find, review… Read More

Vroom Raises $54 Million Series B Round to Overhaul the Car Buying Experience

Online pre-owned car retailer, Vroom, announced on Monday it has raised $54 million during a Series B funding round, bringing its total equity funding to date to $73 million. The investors in the round are Catterton (investors in major consumer retail brands such as Restoration Hardware and… Read More

Plymouth Car Brand Wildcat Seeks £1.5M on Crowdcube For New Off-Road Vehicles

Ready to expand its line of motorized vehicles, Plymouth-based Wildcat has launched an equity crowdfunding campaign on Crowdcube to raise £1.5 million for its new off-roadsters, the W22 and MV-LSV.  The raise represents a 15% equity stake in this 35 year old company.  There is also a tired reward program… Read More

Orange County Startup MotorMood Debuts Kickstarter to Make Roadways a Happier Place By Placing Smiley Faces on Cars

Taking a step to ending road rage, MotorMood has launched a Kickstarter campaign to raise $130,500 so that it can give motorized vehicles… smiley faces? You read that correctly: MotorMood’s self-titled system says thanks to other drivers at night using a remote controlled light-up happy face…. Read More

Peer to Peer Platform Beepi Announces Expansion of Services to Car Buyers & Sellers in Texas

Beepi, a peer-to-peer marketplace for buying and selling cars online, announced its expansion to Texas. The market launch provides residents with local inventory, vehicle inspectors and customer service resources to support its secure online car buying and selling platform in Austin and Dallas, and soon Houston… Read More

New York’s Bumper Bot Seeks Funds Through Kickstarter For Car Protecting System

Bumper Bot, a Brooklyn-based startup, has announced that its unique bumper saving technology is now available for pre-order on crowdfunding platform Kickstarter. An industry first, the Bumper Bot product is designed specifically to save drivers from bumps, scrapes, and more serious bumper damage through the use… Read More

Crowdcube Unveils Numbers Behind JustPark’s Record Breaking Equity Campaign (Infographic)

In celebration of JustPark’s successful and record breaking equity crowdfunding campaign, which captured over £3.7 million from 2,900 investors, Crowdcube has unveiled a new infographic that shows off the parking innovator’s exciting funding progress. As previously reported, JustPark, formerly Parkatmyhouse.com, is a website and app that allows… Read More

Hold My Mercedes McLaren, Would You? Luxury Asset Lender Borro Crowdfunds on OurCrowd

A “last-minute business opportunity” is why an 18-karat white gold bracelet, diamond weight approximately 19 carats, was taken off its owner’s wrist and housed in a highly secure vault or with Citibank or Malca-Amit—temporarily. But jewelry and diamonds are only one type of high-class goods… Read More

Beepi Raises $60 Million in Series B

Beepi, a peer-to-peer marketplace to seamlessly buy and sell cars online, has closed $60 million in Series B funding. The new  capital will allow Beepi to accelerate the growth and expansion of its platform, bringing hassle-free car buying and selling to consumers across the United… Read More

Australian Auto Maker Launches Crowdfunding Campaign For Supercar

Not letting a little speed bump get in the way of his automobile dreams, Australian native Matt Thomas launched a crowdfunding campaign on Kickstarter to bring his small supercar startup, JOSS, back to life. According to Motor Authority, Thomas founded JOSS in 1998 with a… Read More

Blancfleet: A Crowdfunding Platform for Dream Cars

New York-based startup Blancfleet, Inc. announced it has launched a disruptive crowdfunding platform to compete on price, fleet, and location with Hertz’s dream car fleet business. Blanfleet is using the crowdfunding to raise equity to cut car rent rates in half. On Tuesday, the company is currently… Read More

For PopSci #CrowdGrant Challenge, A 1,000-MPG Self-Driving Vehicle

The deadline has passed for project creators to submit their ideas to Popular Science’s #CrowdGrant challenge. The challenge aims to help scientists in varied fields find the funding they need to take their research to the next level. Enter the Elcano, a project with the… Read More

Driver Crowdfunds to Race in Worlds First International Championship for Electric Cars

Last year the FIA announced the first ever  electric car only race championship – which is scheduled to take place in 2014.  Electric cars are quite the rage these days  and the race industry is quickly adapting to this transition.  Large corporations and media have… Read More

Remote-Controlled Flying Car Fully Funded On Kickstarter

With a little over a week left in the campaign the “B” flying car is fully funded on Kickstarter, reaching and surpassing an £86,500 goal. We first reported on the B in May and highlighted the innovative design… A patent is pending for the design… Read More

Hyundai Crowdfunding Effort Trumps Dodge Dart Registry

Would you believe that after all of the noise the Dodge Dart Registry made when it launched in January of 2013, it resulted in two sales? Two. This is one of the revelations from a report on BrandChannel.com, a news outlet that covers brand marketing… Read More

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