Island Car Company Llc.
Prep
ared by: Andrew Sneath, CTO
May 23, 2017
EXECUTIVE SUMMARY
Objective
Bring to market an electric classic car for ride sharing and individual use with zero emissions.
Goals
1.Develop a profitable electric classic car with the latest technology and manufacturing techniques.
2.Standardize the platform to support other ride sharing vehicles (eg. Uber and Lyft) and personal car designs.
3.Develop and roll out our own ride sharing app and support service.
Production goals.
1.Year 1 50 Jolles
2.Year 2 150 Jolles and Cab
3.Year 3 300 Jolle and Cab
Solution
Year one.
Raise $1 million dollars to scale up Jolle production, hire key marketing/office staff and develop Jolle Cab.
Year two.
Raise $5 million to fund developing the Jolle ride sharing App, build 50 Jolle Cab’s and open four key locations.
Project Outline
Island Car Company is a Florida based electric car building company. Our focus is the small electric car market, ride sharing platform and Neighborhood Electric Vehicle (NEV) market. Our vehicle platform delivers Zero emissions with the ability to be automated.
The Jolle is our first classic car. The body design attracts more interest and a high value to generate profits. Our key markets are private individuals and resorts in Florida and California. NEV are a growing segment of the car industry as people opt to drive electric locally and ride share or rent for the longer journey’s.
Island Car Company already has 10 Jolle orders and ships the full production Jolle on August 1st to Palm Beach, Florida.
The sales locations include Palm Beach, Jupiter, Lyford Cay and Baha Mar Resort, Nassau.
The Jolle is selling from between $34,000 to $52,000 excluding taxes and shipping.
Island car Company secured the prestigious opportunity as the 2016 Neiman Marcus ‘His and Her’s fantasy gift. This generated world wide interest and encouraged us to build our own drive system design to supersede all others NEV’s on the market.
Most NEV’s will have serious faults before12k miles. With minimum maintenance the Jolle will exceed 100k.
The 1960’s Jolly was a classic beach car built by the Ghia design studio for Fiat as a mega yacht land tender. 100 Fiat 600 Jolly’s where made and only 70 remain, one resently sold for over $120,000.
The Jolle captures the style of the Jolly without the high maintenance costs and emissions.
Our Jolle features:
•Custom designed drive system and suspension.
•Full monocoque composite, non corroding, body.
•Lithium power pack and charging system with over 3,000 cycles.
•Battery maintenance and monitoring system.
•Level Two Fast charge.
•Custom front suspension with large disc brakes and coil over shock absorbers.
•High levels of refinement and customization.
The Island Car Company looks forward to your interest and support to meet the market needs and deliver the greens, zero emissions, electric car on the market.
Andrew Sneath.
CTO.
(561) 797 7054