Alpha Motor Corporation Launches Equity Offering for Electric Vehicles, Raises Half a Million in Just Five Days

IRVINE, Calif. – Alpha Motor Corporation (Alpha) has launched a Reg CF Equity Offering, Electric Vehicles That Move Humanity™, on StartEngine, a private investment platform regulated by the SEC. The company has already raised over $500,000 in just five days, with its community of supporters rapidly growing.

Leveraging patented technology, breathtaking design, and an executive leadership team with decades of automotive OEM experience, Alpha is poised to lead the EV revolution. The company’s patented technology, which protects proprietary design and development process, allows for speed-to-market efficiency of its award-winning EV designs.

“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.

In addition to its patented technology, Alpha has also seen strong market demand, receiving over 52,500 vehicle preorder indications to date and distribution agreements in Europe, the Middle East, and Asia. The EV market is expected to surpass $1.5 trillion by 2030.

The company’s experience and ability to execute is also a major advantage, with decades of experience at major corporations and OEM-level strategic partnerships in the U.S. to efficiently develop and manufacture highly competitive EVs. The company’s Advisory Board is also 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 marked the successful completion of its proof-of-concept stage after a yearlong public exhibition of its WOLF electric truck, generating significant demand through preorder indications. The company is currently in the preproduction development phase, which entails engineering and construction of test vehicles to complete certification and feasibility in mass manufacturing.

Alpha’s accelerated EV development strategy and experienced R&D team is led by engineering and design experts from top-selling big brand automotive companies including Tesla and Toyota. Alpha has formed OEM-level strategic partnerships in the U.S. including HTI (Hinduja Tech Inc), e-mobility engineering powerhouse of more than 1,500 engineers and UHI (Ultimate Hydroforming Inc), which has a 406,000 sq. ft vehicle manufacturing plant based in Sterling Heights, Michigan.