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When investing in early-stage private companies, like Volcon, once the funding round is filled… that’s it.

There’s only a certain amount of room before it’s closed, and at this rate, there’s no telling how long an investment round will last.

Especially after the response, we saw from our BIG reveal event on Tuesday.  

Members rushed into The Boardroom to get in on the action, and investments were flowing in too! 

The event replay is still up but is set to come down soon –– watch here while you still can.

Volcon is THE DEAL I’ve been on the hunt for all year. 

I’ve had a blast with everything leading up to this deal. With all that’s happened with EVs this year, we expect this one to be huge. 

Seeing the way so many have chosen to join this opportunity only solidifies our belief that Volcon is the future of EV off-road vehicles. 

I’ve put together a quick rundown of Volcon’s first vehicle –– the Grunt, what the press is saying about them, and share what has the EV community hyped on everything Volcon.

Volcon’s Grunt Off-Road Motorcycle

Volcon’s flagship product is the Grunt, an all-electric motorcycle. Guys, I have ridden this thing, and it’s so much fun! 

The Grunt has some impressive stats: 60 mph top speed, 100-mile range, and zero to sixty in six seconds. 

But, what impressed me most was how easy it is to ride. It sits low and has wide wheels making it ride almost like an ATV.

Hunters love that it’s silent, farmers love its pulling power, and anyone looking to get outside and explore will love its 100-mile range. 

Here’s the best part — you get all that for around $6,000, which blows the competition out of the water. 

Other Products: The Stag, Beast, and Runt

Volcon is also designing all-electric UTVs.

The Stag is a two-seater UTV that manages to balance sportiness with utility. The Beast is a heavy-duty four-seater UTV. These are set to come out shortly after the Grunt, sometime in late 2021.

Also, Volcon plans to release a smaller version of the Grunt called the Runt. This is perfect for kids too small for the big bike. 

Volcon In the News

Volcon is making headlines. Sites like Cycle World, Autoblog, and Digital Trends have covered the upcoming release of the much-anticipated Grunt motorcycle. 

Talking about Volcon, Roadshow says:

“That’s why it’s exciting to see a new electric powersports company that’s launching as an almost fully formed business with a product set to be available in just a couple of months. Not only that, but the product being launched isn’t some crazy future-tech thing; it’s a fun-looking and useful object that works with tech we have today.”

Elektrek writes that the Grunt has, “the right specs and price” and that it “walks the walk”. 

They go on to say:

“And the icing on the cake appears to be the Volcon Grunt’s pricing, with the Volcon Grunt listed at just $5,995 for a spring 2021 debut. That’s nearly half the price of the lowest-priced Zero electric motorcycle.”

What Customers Are Most Excited About

I’ve heard from a bunch of you guys about Volcon, specifically the Grunt motorcycle. There are a few things everyone seems to get excited about.

  1. The price. The Grunt sits in the just right place in the market where consumers can get something fun and powerful without breaking the bank. 
  2. The range. The range is the first thing everyone asks when it comes to EVs. The Grunt’s 100-mile range per battery with hot-swappable batteries seems to put everyone at ease.
  3. The simplicity. This thing requires almost no maintenance. The engine only has two moving parts for crying out loud! Most importantly, it’s easy to ride. The designers made the Grunt usable by almost anyone who can ride a bicycle.

The Pie’s Still On the Table

The Boardroom has already put a combined $250,000 into Volcon.

For those of you who missed the live event, watch the replay (until it’s taken down), and if the round is still open…learn how you can invest.

There just isn’t another brand out there like Volcon. The team, the roadmap, the products, it’s all there and all on point. And with all of the buzz around Volcon and the Grunt’s release right around the corner — I believe Volcon is going to grow fast

You all know the best return potential comes from early investments, and Volcon is right at the beginning. We want everyone to get a piece of this deal before it’s too late. Don’t miss your chance!

 

Author: Chris Graebe

Just take a look around you and how EV stocks have been skyrocketing this year.

Electric vehicles are no longer a thing of the future — they’re taking over the auto market by storm, and investors are taking notice.

If you missed out on those opportunities, it’s okay. There’s still a chance to get in on the action.

You see, there’s a special “little” niche in the EV industry that’s void of big-name brands like Tesla, GM, or Nissan. In other words, there’s market share for the taking.

What area in the EV industry am I referring to?

It’s the all-electric powersports space.

The broader powersports market, made up of various gas-powered off-road vehicles is already a $30+ Billion market.

It’s set to grow at a 6% CAGR through 2026 (Global Market Insights).

Now, there’s a company out there that is taking this market by storm with their line-up of totally electric off-road vehicles

 

 

Tonight at 8 PM ET, The Boardroom, my early investing team, is hosting a special live event IPO Mania: EV Edition, featuring our biggest early-stage investment of 2020.

We will reveal the company we invested in, share WHY they secured a $250,000 investment from The Boardroom, and explain how you too can invest in this startup opportunity.

No investment is risk-free and investing in startups is no different. 

It’s about doing your homework, educating yourself, and learning about the sector you’re investing in.

I’ve broken down the electric powersports space and the opportunity I see in this article.

 

Powersports Market Growth

 

Since the recession, we have seen fairly flat motorcycle sales, about 1% to 2% growth. Over the same period, we have seen strong double-digit growth from the UTV sector.

UTVs — Utility Terrain Vehicles; some people call them side-by-sides. 

Whereas with ATVs, All-Terrain Vehicles, you sit on top of them like a motorcycle, UTVs are small Jeep-like vehicles. 

Going into COVID, UTV sales were booming. The general idea was that the pandemic would spell disaster for the industry, but after just a few bad months, UTV sales took off, performing exponentially better than before.

In 2017, UTVs were a $7.7 billion industry, and by 2025, it is expected to reach $14 billion, a compound annual growth rate (CAGR) of 7.8%.

And the electric powersport segment (motorcycles, ATVs, and UTCs) is anticipated to have the highest growth rate, a CAGR of 14.6% through 2025.

 

Areas of the Powersports Market

 

The best thing about Powersports is their wide range of uses. Here are the biggest markets for electric Powersports today.

Agriculture 

A UTV is perfect for utility-type tasks on a farm or other large property. Electric is well suited for rough outdoor work because of the torque it can offer, its ease of operation, and the fact that there is next to no maintenance required. 

Also, they provide exceptional power-to-weight ratios, offering great pulling power even in small utility vehicles or bikes. These vehicles can carry heavy loads across many acres.

 

Outdoor Recreation

Electric Powersports are the perfect vehicles for hunters, fishers, campers, or anyone going outdoors to explore. They can go places that pickup trucks just can’t go, pushing deeper into the woods where the trees are too tight. 

Electric vehicles can get closer to an animal than any other type of vehicle because they are extremely quiet.

 

Sports and Adventure

Enthusiasts who ride motorcycles, dirtbikes, and ATVs now have electric alternatives. This more “extreme” part of the market is fast-growing. These electric Powersports offer unique performance advantages that make them a unique and exciting ride.

 

Electric Powersports Advantages

 

There are many things electric bikes, ATVs, and UTCs do better than their gas-guzzling competition. Here are a few areas in which electric Powersports shine. 

Performance

The simplicity of an electric engine results in almost no energy lost in friction between moving parts, like what happens in internal combustion engines. Nearly all energy generated by an electric engine ends up transferred to the wheels, propelling the vehicle.

Maintenance

An average offroad, gas motorcycle has 1,200 to 1,500 moving parts between the engine and the transmission that it requires to put power to the wheel. Each part is essentially another potential point of breakage and results in a loss of power to friction. All-electric motorcycles typically have far fewer moving parts. Durability and reliability are built into the platform. 

 

EV bikes have virtually no maintenance requirements. Check the tire pressure and lube the chain. 

Ease of Use

For motorcycles, one of the biggest deterrents for this crowd is the clutch and gearbox. Coming from an automatic car to a gear system on a bike is difficult. With EV Powersports, it’s one engine, one “gear”, you just throttle as hard as you want to go. 

 

The Inevitable Electric Shift

Another thing that electric Powersports have going for them — like it or not, we are moving into a full-electric world. The future of the automotive and transportation industries is electric, and Powersports are no different. 

Consumers’ environmental concerns and government regulations are accelerating the shift to zero-emission and all-electric vehicles. 

We have already seen big, established companies invest in the EV space as well as loads of successful EV startups.

And as EV technology keeps getting better each year, electric Powersports not only become more attractive to the environmentally minded, but also those concerned with performance and efficiency. 

 

Our Next Big Startup Deal: EV Powersports Company

 

This startup aims to be the leading all-electric Powersports company. As it stands today, it is the only all-electric Powersports company. 

This puts them in the top spot by default, but believe me, their competitors would like to claim that position. The fact is, the competition is just years behind. 

A bit about the founder — he has been in the Powersports world his whole life. He grew up riding offroad motorcycles with his dad, then graduated to racing motorcycles professionally, and after graduating college, he took his passion into the Powersports industry. And his co-founders have founded successful EV companies before and bring their expertise to the table.

He is a three-term Motorcycle Industry Council board member. He frequently studies the high-level trends and data in the motorcycle industry giving him an insider’s view of the industry,

 

Electric Powersport Products

There are currently three vehicles in the company’s lineup, fully designed and ready to begin manufacture in 2021. 

All-Electric Off-Road Motorcycle 

This is an easy-to-ride, capable bike with a 100-mile range, 60mph top speed, that goes zero to sixty in six seconds. It has hot-swappable batteries for extended range. With no gear system, a low center of gravity, and different driving modes, this bike is usable by children 13 and up. It’s even waterproof, able to operate while submerged in water. 

Compact UTV

Next, they offer a UTV with the looks and suspension of a sports vehicle with the function and room of a utility vehicle. This is available in two-wheel and four-wheel drive, has a 150-mile range, 70 mph top speed, and goes zero to sixty in five seconds.

Full-Size UTV

Finally, they have a four-person UTV with a pickup-style flatbed. It can be converted into a two-seater making more room in the flatbed for storage. The max range is over 150 miles, top speed 80 mph, and zero to sixty in four and a half seconds.

 

Reasons We Believe This E-Powersports Startup is Poised for Success

Big players in the industry like Polaris, Arctic Cat, and Textron are investing in EVs, but I’m going to show you why they can’t compete with our new startup.

And while acquisition is certainly seen as an option, that’s not the goal here. 

They want to give their shareholders the most value possible and they are confident in the prospect of an IPO for the company –– targeting a late 2021 IPO (no guarantees here, but that’s what they’re aiming for).

Here’s what they are doing that made us jump at the chance to invest.

Competition

The biggest players in the Powersports market do have EVs on their minds, but they are years away from production. They are currently having too much success with their leading gas-powered vehicles which are enjoying booming sales at high margins. 

Their flagship products are selling out, and pivoting to EVs just isn’t a short-term goal for them.

Let’s look at an example.

Polaris has just announced a partnership with Zero Motorcycles. Zero is the leading on-road electric motorcycle manufacturer. 

Despite how huge this news is, the founder of this EV startup says Polaris’ president and CEO said this is an early stage partnership and that they don’t expect they will deliver vehicles to market for four to five years. Compare that to our next startup investment that will bring its first product to market in Q2 of 2021.

Zero is the front-runner in the electric Powersports market, and they are well behind our company in terms of production. On top of that, Zero doesn’t even make off-road vehicles. 

The other two big players in the ePowersports space, Arctic Cat and Textron are even further behind than Polaris.

Speed to Market

These vehicles are going on sale in Q2 of 2021. After that, the plan gets aggressive. 

They already have manufacturing taken care of with a factory set up to bring them through the first stage of production. For their first product to go to market, the off-road motorcycle, they already have a working prototype. 

According to this startup’s team, they plan to sell 1,500 vehicles in the first year. Then, in 2022 they will scale up production significantly. The next rounds of funding will be used to build a larger, permanent factory that will help them to scale up to 5,000 to 10,000 units per year. 

EV Technology

The electric utility vehicles on the market today are essentially golf carts. These have lead-acid batteries and offer very little in terms of sophistication. 

This new brand, on the other hand, is using high-tech lithium-ion batteries and vehicles that offer drive modes accessible on a touch screen. 

And with the simplicity of their design, they manage a 50% margin across all of their electric Powersports. Even manufacturing them in the U.S. they can reach those margins. 

Sales and Marketing Channels

  • A select group of Powersports dealers will be able to sell these products. 
  • Vehicles will also be available online, direct-to-consumer. 
  • They plan on partnering with outdoor sports companies like Bass Pro Shops.
  • Finally, they will be sold through farm equipment suppliers.

 

The founder has connections into these channels, especially the lucrative outdoor sports and farm equipment companies. 

If this doesn’t get you excited about the untapped EV market that is powersports, I don’t know what will.

 


Tonight (Oct. 27, 2020) at 8PM ET, I’m revealing the EV (electric vehicle) company behind The Boardroom’s BIGGEST startup investment this year in a special one-time only LIVE event – IPO Mania: EV Edition.

 

Click Here To Reserve Your Spot To This Event

 

Author: Chris Graebe

This week, there were 22 IPOs. 

Most of which were blank check companies (SPACs) going public.

Their mission: Find promising companies, take them public, and hopefully bring big gains for those who invested.

What my investing partners and I do in The Boardroom (our investing group), is seek out and find great early-stage deal opportunities for our members to consider.

After learning about the company, if they like what they see, they have access to the deal and can invest.

Well, if you haven’t heard by now, we just invested in our biggest deal of the year

And on Tuesday, October 27th at 8:00PM ET, we will reveal the details of this company and why we believe they are posed to take over the EV (electric vehicle) market.

Click here to reserve your spot for this one-time event and learn how you could win one of their FIRST production vehicles.

According to this company’s CEO, “We fully plan on IPOing in Q3 of 2021.”

Nothing is guaranteed, but I must say, that potential is pretty thrilling.

Now in the meantime, I thought it’d be fun to look back at some of the IPOs we’ve seen so far this year.

You may have different ones on your list, but here are some that caught my attention.

 

A Wild Year For IPOs

 

This year has been a wild one when it comes to startup exits — especially IPOs. 

Last year by this time the US stock market had seen just 194 IPOs. Compare that to 343 so far in 2020. The best part is, the trend isn’t slowing down, it’s keeping momentum heading into the new year.

Here are just a few of the IPOs that happened in 2020.

 

Unity

Unity Technologies is a cross-platform game engine. It creates tools and services for developers of interactive content like 2D, 3D, VR, and AR games, as well as simulations and other experiences. While mostly known for its use in video game development, the software is also used in the film, automotive, architecture, and engineering industries.

Unity went public on the NYSE in September. It sold for $52 per share and raised $13.7 billion. 

 

Canoo

Canoo makes electric vehicles with a subscription model. This company set out to make EVs more accessible and sensible, especially for people living in urban environments. 

Starting with a “skateboard” base, different vehicles can be assembled and customized. There are four planned models, each focused on a different market — lifestyle, ride-sharing, delivery, and commuting. 

Canoo went public on the NASDAQ through a reverse merger with Hennessy Capital. This deal valued Canoo at $2.4 billion and will see the startup get $600 million in funding. 

 

Palantir

Palantir was founded by Paypal co-founder and early Facebook investor, Peter Thiel. This data analysis company helps organizations spot patterns and identify threats. Its customers include the U.S. Department of Defense and the UK’s National Health Service.

Palantir went public on the NYSE at $10 per share. Through the funding raised during the IPO, the company reached a valuation of around $20 billion. 

 

Casper

Casper sells a line of sleep products, namely mattresses, directly to consumers. By cutting out the middleman and eliminating commission-driven prices, Casper can sell high-quality mattresses for a fraction of the normal price. The startup has expanded its line to include pillows, sheets, duvets, and even dog mattresses. 

At the start of 2020, Casper has its IPO on the NYSE. It raised $100 million at $12 per share.

 

Li Auto

Li Auto is another EV company that went public this year. The Beijing-based carmaker researches, designs, and manufactures its vehicles that include smart EVs and electric SUVs. 

Unlike other EV carmakers, Li focuses on extended-range electric vehicles that can use either electricity or gasoline. This compensates for China’s limited EV charging infrastructure and makes Li’s vehicles an easy transition for drivers coming from gas-powered vehicles. 

On July 30, 2020, Li Auto went public on the NASDAQ at a valuation of $19.2 billion. It raised $1.1 billion at $11.50 per share.

 

Snowflake

Snowflake wins the award for the biggest tech IPO this year. This is a “built-for-the-cloud” data warehouse that gives customers access to real-time data and analytics. 

On the NYSE, Snowflake opened at $120 per share which later jumped up to $245. The IPO raised $3 billion, the most of any software company ever. The IPO placed Snowflake’s valuation at an incredible $70 billion. 

 

JFrog

JFrog’s flagship product, Artifactory, has changed the way developers and DevOps teams store and manage binary code. This, along with its software distribution product, Bintray, make JFrog an end-to-end, development-to-distribution platform.

The startup’s incredibly successful IPO was overshadowed by the insane performance of Snowflake that fell on the same day. JFrog opened at $77 per share, finishing strong with a new valuation of $5.7 billion.

 

ChargePoint

ChargePoint is a startup we have been following for a while. This company manages the largest network of EV charging stations in the world. 

By the end of 2019, the company reached a total of 100,000 charging stations worldwide. By 2025, it plans to have over 2,500,000 of them. Now with funding from the public market, ChargePoint is on track to reach that goal.

ChargePoint went public through a reverse merger with the special purpose acquisition company, Switchback Energy Acquisition. This saw the charging station giant valued at $2.4 billion. ChargePoint will now have around $683 in cash to invest in its energy solutions. 

 

QuantumScape

This renewable energy company makes lithium solid-state batteries that increase the driving range of electric vehicles. Backed by Bill Gates and Volkswagen, QuantumScape plans to disrupt the battery industry and push the commercialization of solid-state batteries.

QuantumScape has entered into a definitive agreement with blank check company Kensington Capital to join forces in a reverse merger. This deal will see QuantumScape go live on the NYSE at a value of $3.3 billion.

 

Vroom

Vroom is an e-commerce platform for buying and selling used vehicles. This takes all aspects of buying and selling into one data-driven app. With Vroom, users get a large selection of vehicles, competitive pricing, and even home pick-up for their vehicle right at their fingertips.

Vroom went public and raised $467.5 million at $22 per share on the NASDAQ.

 

Asana

Asana offers a suite of cloud-based project management tools. These SaaS solutions allow teams to add tasks, assign them to team members, set goals for completion, communicate, and share documents. Asana’s clients include NASA, Spotify, and Uber. 

Asana went into its direct-listing IPO at a valuation of $4 billion, selling shares for $27 each.

 

Shift4 Payments

Shift4 Payments is a leader in secure payment processing solutions. This company has been private since 1994, growing over time into a global giant with eight offices across the U.S. and Europe. Today, Shift4 processes over 1 billion transactions per year, representing over $100 billion in payments. 

On the NYSE, Shift4 Payments raised $345 million at $23 per share.

 

Xpeng Motors

Xpeng is another China-based EV company. Stacked with auto industry experts from Tesla, Mercedes-Benz, Ford, and Porsche, this carmaker designs and manufactures smart EVs. 

Its premium EV sedan, the P7, directly competes with the Tesla Model 3. While the Model 3 wins customers on brand and technology, the P7 is more popular with customers who value driving range and cost-to-performance.

Xpeng is now live on the NYSE. On August 27 it went public at a valuation of $8.4 billion. It raised $1.5 billion at $15 per share. 

 

Rackspace Technology

Another cloud service provider, Rackspace takes its customer’s problems and solves them using the world’s leading technologies. This “multicloud” solution covers apps, data, and security.

Rackspace raised $704 million at $21 per share in its IPO on the NASDAQ. 

 

Lemonade

Lemonade offers a new way to find homeowners and renters insurance. Users communicate with an AI called Maya through the Lemonade app to qualify and shop for insurance. The app eliminates the need for brokers, streamlining and simplifying the insurance shopping process.

Lemonade raised $319 million in its IPO. The New York-based startup opened on the NYSE priced at $29 but finished the day trading for as much as $64. 

 

Amwell

The telehealth platform, Amwell, connects healthcare providers, insurers, and patients. The Boston-based startup supports all telehealth needs including acute and post-acute care, chronic care management, and healthy living, all from one platform. 

In September Amwell had its IPO on the NYSE. It raised $742 million at $18 per share.

 

______________________________________________________________________

I’m revealing the EV (electric vehicle) company behind The Boardroom’s BIGGEST investment this year in a special one-time only LIVE event this Tuesday, October 27th at 8PM ET.

Click here to reserve your spot to this limited-attendance event and learn how you could win one of their FIRST production vehicles.

Author: Chris Graebe