What We’re Doing

Our green automotive-prototyping and -manufacturing business has engineered and built a mid-engine, rear-wheel drive, 100 mpg commuter car to road legal (U.S.) specifications.

·         We have completed Finite Element Analysis for FMVSS impact scenarios.

·         We have built an on-road test vehicle in Washington, with a second under construction in Michigan.

·         We are now bringing revolutionary technology to the widest part of the market.

·         We are now structuring ourselves to produce 100 mpg vehicles for public sale.

Stats and Accolades

·         We tied for 10th place in our class of 136 cars in the $10 million Progressive Insurance Automotive X PRIZE for 100 mpg cars, ahead of MIT and Tesla Motors.

·         Our gasoline-powered test vehicle gets 104 mpg in the city (UDDS) and 114 mpg on the highway (HWFET) on simulated cycles extrapolated from fuel-consumption actuals

 

How We’re Doing It

Product, Technology, and Method

·         WIKISPEED uses a Lean/Agile/Scrum product-development and business model to deliver more value for less money.

o    Lean: reducing complexity and minimizing waste

o    Agile: faster rapid prototyping and iterative problem solving

o    Scrum: clear product ownership, immediate evidence-based decision making

 

Promotion and Sponsors

·         Existing race sponsors and partners from our participation in the Automotive X Prize include

Market-Strategy Highlights

·         We aim to be high-tech and interactive.

o    Attracting folks who are comfortable shopping online for least initial cost to market.

·         As we grow we will remain approachable and fun.

o    Online virtual test drives; viral marketing, possibly drive head to head with your saved online configured car and your current car.

o    Focus on least-complex marketable asset and pursue multiple revenue streams

o    Mature from 100 mpg commuter kit-car sales (less complex, less risk) to turn-key sales (wider market) as formal tests are passed.

o    Simultaneously develop mass-personalization and opportunities for lifestyle customers to stay engaged.

·         We plan to license intellectual property where it makes sense to finance further development.

·         We will take advantage of the online gaming community.

o    Working to include our X Prize race vehicle in the next crop of racing games.

·         Personalized Online sales, from unique graphics and paint to selectable hard system modules

What We Need to Succeed

We are approximately $4,000,000 from production and are soliciting $300,000 in angel investment to support the construction of a show car to campaign on the auto-show circuit and to expedite our time to market by promoting our tech to the venture capital required to initiate production.

What We Can Do with the Proper Angel Investment

1.     frequent, iterative CAD designs

2.     expert exterior-panel fabrication

3.     auto-show booth rental

4.     show-quality finishes to the car

5.     press materials

6.     market testing

What’s In It for Our Partners and Investors

1.     Modular/customizable design means major contributors can customize their 100 mpg hypercar, have it built, and drive past gas stations every day.

2.     This technology provides us a real opportunity to change automotive transportation as we know it.

3.     If manufacturing locale is important to you, supporting WIKISPEED can support bringing green ultra-modern manufacture to your chosen locale.

4.     Multiple targeted revenue streams reduce investment risk, and fuel-efficiency technology is attractive to government incentives.

Where We Are

Our primary visionary and owner, Joe Justice, maintains a garage in Seattle, Washington, where the prototype was constructed. A second team in Hillsdale, Michigan, headed by ASE-certified mechanic Bryan Ford, began work on the second model this spring. The remainder of our team—engineers, electricians, mentors, software developers, production managers, and technical writers—volunteer their time from the Seattle area, across the United States, and even Ireland.