Electric truck maker Atlis crowdfunds $2M in 24 hours

Electric truck maker Atlis crowdfunds $2M in 24 hours

Atlis says it is focused on three business units: Energy, its XP platform and its XT pickup truck.

Atlis Motor Vehicles closed in on a $5 million regulation CF crowdfunding target after launching in early September and securing $2 million within 24 hours. The Arizona-based company says it had already attracted over $16 million in previous crowdfunding toward developing its own electric vehicle battery cells and packs to power 300-, 400-, or 500-mile range versions of the Atlis XP vehicle platform and XT pickup truck, to debut in 2022.

Atlis also plans to commercially launch its next-generation AMV battery cell in Q4 2021.

The company says it is focused on three business units: Energy, XP platform and XT pickup truck.

Atlis-XP-skateboard 1400

The energy pillar includes battery production and the ecosystem necessary to recharge, while the XP platform is the base for the XT truck, and enables ATLIS to produce other vehicle configurations, such as emergency vehicles, delivery vans or box trucks.

You May Also Like

BorgWarner signs relationship agreement for LFP battery packs

BorgWarner said it will be the only non-OEM localized manufacturer with rights to localize LFP battery packs for commercial vehicles.

BorgWarner-Santroll-eMotor-Handshake

BorgWarner entered a strategic relationship agreement with FinDreams Battery, a subsidiary of BYD Company Limited. Under this agreement, BorgWarner said it will be the only non-OEM localized manufacturer, unaffiliated with FinDreams Battery, with rights to localize LFP battery packs for commercial vehicles utilizing FinDreams Battery blade cells in Europe, the Americas, and select regions of Asia Pacific. The duration of the agreement is eight years.

Unico acquires Present Power Systems

Through the acquisition, Unico will adopt Present Power Systems’ portfolio of solutions for battery cell, module and pack testing, and more.

Unico-acquisition
Cox Automotive opened an EV battery solutions center

The EV battery service center offers a variety of storage, logistics, diagnostics, repair and remanufacturing services.

Cox-Auto_EV_Battery_Service_Network
StoreDot produces XFC silicon prismatic battery cells

Prismatic cells, which are rectangular and stacked in layers, now represent the form factor of choice for EV manufacturers.

StoreDot-achieves-major-commercialization-milestone-with-first-prismatic-XFC-battery-cells
InductEV reveals new director of port & intermodal strategies

Tim DeMoss joined the company after 17 years with the Port of Los Angeles, where he most recently served as an environmental affairs officer.

InductEV-Tim-DeMoss-headshot

Other Posts

Monolith partners with About:Energy

The immediate focus for the partnership is automotive, with the potential to roll out to other transport sectors, such as micromobility.

Monolith-AI-platform
Black Book, Recurrent team up on Battery Adjusted Values

Black Book said its Battery Adjusted Values will apply an additional increase or decrease to Black Book’s VIN-specific valuations.

Canada-EV-standard-1400
Elywhere launches in North America

Elywhere said its chargers can be configured to support power in the 1 MW range, providing solutions for electric fleets.

Electric-Grid-EV-Growth-1400
Celgard, Æsir partner on next-gen battery technology

Celgard said it will supply 100% of Æsir’s battery separators for current applications, as well as future needs for a new battery gigafactory.

Celgard_AESIR-600