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Local Motors Stock
Local Motors is a technology company that designs, builds, and sells vehicles.
About Local Motors Stock
As a technology company that designs, builds and sells vehicles, Local Motors doesn’t just dream about the future, it dares to build it. Local Motors utilizes its growing system of microfactories, rather than gigantic megafactories, to build small, just-in-time batches of vehicles through direct digital manufacturing, the process of using software to map, create, and edit designs. This allows Local Motors to make its ideas big and its footprint small, reducing the need for capital and decreasing its environmental impact. Local Motors operates under the belief that co-creation (the process of open collaboration for the design and development of vehicles) and micro-manufacturing can change the world of transportation. Local Motors operates a growing global network of microfactories, where each destination is a place for innovators to create amazing products and consumers the opportunity to marvel and shop. Local Motors has rallied a global network of inspired innovators ready to confront the world’s most formidable challenges. These dreamers and doers have brought to life a portfolio of vehicles, including Olli, the world's first cognitive, self-driving shuttle. Their creative potential is launching a new industrial revolution. Local Motors offers this unique software as a service platform known as Launch Forth, to offer the power of co-creation and micro-manufacturing to select partners, including GE and Airbus, looking for manufacturing agility and boundless creative potential.
Funding History
June 2012 | $250K |
---|---|
September 2013 | $0 |
July 2014 | $0 |
January 2016 | $0 |
Management
Chief Strategy Officer
Justin Fishkin
Chief Operating Officer
Matt Rivett
Head of Product Development
Alex Fiechter
Chairman & CEO
John B. Rogers
Co -Founder
Mark Smith
Director of Human Experience
Karen Folwell
Build Floor Manager, PHX
James Rivera
Chief Financial Officer
David Cayet
Co-founder and Chief Executive Officer - Local Motors GmbH
Damien Declercq
Chief Sales Officer
Mitch Menaker
Press
Reinventing Mobility And Manufacturing At Once: Local Motors
Forbes - Mar, 17 2020
Come along, take a ride
TechCrunch - Aug, 31 2019
The Near-Future Of Transport Is Connectivity, Not Autonomy
Forbes - May, 29 2019
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Some data provided by Crunchbase