Dubuc Motors Launches the First EV on StartEngine

SANTA MONICA, CA, Jan. 22, 2016 /CNW Telbec/ - In a first for the cleantech automotive industry, Dubuc Motors will launch its electric supercar, the Tomahawk, on an equity crowdfunding platform, StartEngine. Dubuc Motors, a spirited and respected startup, will unveil a world's first with a 2+2 all-electric supercar offering an extended range.  

(Photo: http://photos.prnewswire.com/prnh/20160122/325055)

The launch comes at a time of exciting growth in the electric vehicle market. The total EV market, including plug­ins, hybrids and other electric vehicles, is expected to jump from 2.6 million vehicles sold in 2015 to more than six million vehicles by 2024. The total sales of plug­in electric vehicles alone were expected to reach one million in the United States during the same period, according to hybridcars.com and navigantresearch.com

Already boasting accolades and recognition internationally, Dubuc Motors has arrived to "complete the Tesla line" and the electric vehicle market.

"Nearly 15 years ago, we decided to combine our automotive passion with a stubborn belief that a cleaner and more viable way of producing cars was possible. Our commitment and dedication through exhaustive R&D and numerous prototypes have led us here today. The Tomahawk embodies ingenuity and furthermore is a great vehicle to drive and promote our engagement towards sustainable development", said Mike Kakogiannakis, co-­founder of Dubuc Motors. 

"A dual revolution is now underway in the worlds of both transportation and entrepreneurship," said Ron Miller, CEO at StartEngine. "Equity crowdfunding is fueling innovation, enabling investors across America to support progressive companies like Dubuc Motors at a ground floor level."

Beginning on January 22, investors will learn about an opportunity to become part of EV history when Dubuc tests the waters with a funding campaign on the StartEngine equity crowdfunding platform.

View the Dubuc Motors video:  https://www.startengine.com/startup/dubuc-motors

THIS COMMUNICATION MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY.  THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY'S MANAGEMENT.  WHEN USED IN THE OFFERING MATERIALS, THE WORDS "ESTIMATE," "PROJECT," "BELIEVE," "ANTICIPATE," "INTEND," "EXPECT" AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS.  INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE.  THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED.

NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION. AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.

 

SOURCE Dubuc Motors

Image with caption: "Welcome to the rEVolution of electric vehicles (CNW Group/Dubuc Motors)". Image available at: http://photos.newswire.ca/images/download/20160122_C3642_PHOTO_EN_604320.jpg

Image with caption: "Logo: Welcome to the rEVolution of electric vehicles (CNW Group/Dubuc Motors)". Image available at: http://photos.newswire.ca/images/download/20160122_C3642_PHOTO_EN_604322.jpg

For further information: For interviews with the Dubuc team, please contact Ronjini Joshua: Ronjini Joshua, Ronjini@TheSilverTelegram.com, +1 562­735­0071; For interviews with Ron Miller of StartEngine, please contact Dustin Winn: Dustin Winn, dustin@fortyseven.com, mobile 951­496­6399, desk 323­658­1200

RELATED LINKS
www.dubucmotors.com

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