About the offering
Electric vehicles provide a lot of benefits to both the environment and consumers, but people are reluctant to buy electric vehicles for three big reasons: limited range, lack of charging infrastructure, and the fact that many electric vehicles have a higher initial purchase price than traditional gas powered cars.SOLUTIONAt Shockwave Motors we aim to produce vehicles that address range anxiety and cost while still providing a fun, safe, and environmentally friendly ride.Shockwave’s first vehicle, the Defiant EV3 Electric Roadster™, is a hardtop/convertible with seating for three people. The battery is strategically located to allow easy access and provides the vehicle with an ultralow center of gravity for superior stability. It has a range of 100 miles on a single charge and can recharge from a 120-volt outlet in approximately 8 hours, providing a daily range of 200 miles – all this for less than the average price of a used vehicle!The pollution-free Defiant EV3 Roadster™:Plugs into a standard 120-volt outlet (Level ll Optional)When charged at work, has a daily range of up to 200 milesPrice $19,950 (After Federal Tax Rebate)Each roadster prevents an estimated 12,000 pounds of CO2 from entering the atmosphere per year and saves you an estimated $4,000+ per year in operating costs and repairsConvenience, low operating cost, and simplicity are what set us apartWe don’t need any new infrastructure, no new house wiring, or special charging stations. A simple 120-volt outlet is all you need to join the EV Revolution.
FAQ
How much has Shockwave Motors raised?
Shockwave Motors has raised $0 of a $1.24M goal.
Where is Shockwave Motors's campaign listed?
The offering is listed on Title3Funds, an SEC-registered Reg CF intermediary.
What are the terms of Shockwave Motors's raise?
Common Stock, $53.50/share.
When does Shockwave Motors's offering close?
The stated close date is May 31, 2025.