Dubuc Electric Vehicles
Dubuc Motors Inc is situated in Quebec Canada.
The Co-founders, Mario Dubuc with 30 years automotive experience and
Mike Kakoganiannakis first partnered in 2004 to produce a more efficient
form of transportation without having to sacrifice aesthetics and
luxury. The company’s motto, Crazy Simple, sets out their vision to
develop the first electric sports kit car. Dubuc Motors followed an
unconventional funding route for auto manufacturers, raising funds
through crowdfunding. Dubuc debuted in 2013 through portals such as
IndieGoGo where it only raised around $4000 of a $150,000 target. The
company changed strategy away from the kit car concept to producing a 2 +
2 sports car. Dubuc also moved its crowdfunding efforts to StartEngine
where it set to raise $20 million, of which $5 million was confirmed in
January 2017. The final product unveiling is set for the CES in Vegas
January 2018. The company aims to produce 1500 units per anum from a
200,000 square foot factory, which is expected to fund from Government
grants and investor funding. Initial production is only set at between
10 and 100 units though. Dubuc is targeting the North American and Chinese markets.
Dubuc Electric Car Strategy in the news
2017 Week 22 Tomahawk production confirmed
Dubuc Motors of Canada this week confirmed that they will start producing the Tomahawk sports car from 2018.
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