Irvine, California, United States, Jan. 23, 2023 (GLOBE NEWSWIRE) — Alpha Motor Corporation (Alpha) announced its Reg CF Equity Offering, Electric Vehicles That Move Humanity™, on StartEngine a private investment platform regulated by the SEC. With over US$500,000 raised in less than 5 days, Alpha’s community of supporters is rapidly growing to accelerate the company’s vision and business plan to commercialize its EVs.
Leveraging patented technology, breathtaking design, and an executive leadership team with decades of automotive OEM experience, the innovative American automotive and mobility tech manufacturer is prepared to lead the EV revolution.
“We believe the world has been waiting for our electric vehicles and Alpha will continue to strive towards market entry of our EVs,” said Alpha Motor Corporation.
Patented Technology – Alpha has secured multiple patents, which protects proprietary design, patented technology, and development process to streamline expansion. Alpha believes that this unique advantage enables speed-to-market efficiency of its award-winning EV designs.
Strong Market Demand – Alpha has received over 52,500 vehicle preorder indications to date in addition to distribution agreements in Europe, the Middle East, and Asia. The EV market is expected to surpass US$1.5 trillion by 2030.
Experience and Ability to Execute – Alpha’s automotive business proficiency comes from decades of experience at major corporations. Alpha has formed OEM-level strategic partnerships in the U.S. to efficiently develop and manufacture highly competitive EVs.
Sales Leadership Experience
The company’s Advisory Board is appointed with exceptional industry leaders, including ex-Tesla executive Peter Bardenfleth-Hansen, who led the expansion of Tesla across Europe, the Middle East, and Japan, for ten years. Alpha currently has distribution agreements in Europe, the Middle East, and Asia, equating to an initial projected volume of 3,150 vehicles annually.
Confirmation of Market Feasibility
Alpha marked the successful completion of its proof-of-concept stage after