Lit Motors on Wefunder

Raise closed, search for fresh raises on Seedstage

San Francisco, CA

A revolutionary self-balancing electric vehicle designed for urban commuting, addressing efficiency and sustainability challenges.

  • Mission: Revolutionizing urban commuting by offering a self-balancing electric vehicle that combines the efficiency of a motorcycle with the safety and comfort of a car.  
  • Innovation: A self-balancing two-wheeled electric car (AEV) utilizing cutting-edge gyroscopic technology to ensure stability, safety, and efficiency in city environments.  
  • Market Opportunity: Positioned to disrupt the $1.01 trillion automotive market, with over 1,450 preorders already secured and plans to scale production.  
  • Sustainability Impact: Designed to reduce environmental impact by offering a more efficient, lightweight, and sustainable alternative to traditional electric vehicles.  
  • Leadership: Backed by a team of experienced engineers from top companies like Raytheon, Honeywell, and Audi, bringing industry expertise to this groundbreaking project.  
  • Strategic Positioning: Lit Motors aims to transform personal transportation, offering a safer, more efficient solution for urban commuters while addressing key issues like parking and traffic congestion.

Lit Motors is on the cutting edge of transportation technology with its revolutionary self-balancing two-wheeled electric car (AEV). Designed for urban commuting, the AEV addresses common challenges faced by city dwellers, such as parking difficulties and inefficiencies associated with larger vehicles.

With over 1,450 preorders already secured, resulting in a projected revenue of approximately $46.4 million, the company is well-positioned to disrupt the $1.01 trillion automotive market, which is projected to grow to $5 trillion by 2030. The AEV combines innovative gyroscopic technology with a streamlined design, ensuring stability and safety while reducing environmental impact.

Led by a team of engineers from industry giants like Raytheon, Honeywell, and Audi, Lit Motors is poised to redefine personal transportation through sustainability and efficiency. The funds raised will be used to manufacture a production prototype, enabling the company to move closer to serial production and widespread market launch.

Company Info

Lit Motors develops a gyro-stabilized electric vehicle that combines motorcycle efficiency with car safety.

Lit Motors aims to revolutionize personal transportation through its Autonomous-balancing Electric Vehicle (AEV), which integrates the safety and comfort of a car with the efficiency and romance of a motorcycle. The AEV utilizes self-balancing gyro-technology, allowing it to maintain stability and control while leaning around turns. With a top speed of over 100 mph and a range of 170 miles per charge, the vehicle is designed to be more efficient and sustainable than traditional electric vehicles, boasting significantly fewer parts and weight. The AEV is equipped with safety features such as seatbelts, airbags, and a robust chassis, aiming to provide a safer alternative for urban commuting. Lit Motors was founded in 2005, with a mission to reduce waste and emissions while enhancing the daily commute experience. The company is currently refining its design and engineering to ensure optimal performance and user experience.

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