Dubuc Motors is creating a new generation of luxurious and eco-friendly supercars. The company’s first car, the Tomahawk, will revolutionize the car industry as the first all-electric 2+2 sports car with a long range. Dubuc Motors’ innovators, robust technical team and seamless software unite to make the American automotive industry rule the roads again.
Who started the company? Do you / team members have tech background?
The company was co-founded by Mike Kakogiannakis and Mario Dubuc, beginning market research and product design on the Tomahawk in 2004. Built out of a passion for cars, Dubuc Motors aims to build a car that is green, beautiful, luxurious and comfortable for many different build models. Mario’s extensive engineering experience leads the Tomahawk to be built more like a machine than a car. As such, the company has advisors that specialize in tech and entrepreneurship rather than seasoned auto industry veterans.
How are you being financed?
Dubuc Motors has been fully self-funded to date. Pending the approval of our Title IV filing with the SEC, our Testing The Waters (TTW) StartEngine campaign will go live and we will begin our equity raise. The TTW campaign has raised more than $6 million in reservations and we look forward to working with our community to debut the Tomahawk in 2018.
What do you think will be / is a big obstacle to overcome?
Time is the most precious commodity in life and also our biggest obstacle moving ahead. We intend to start production in 2018, so every minute counts!
How do you go about finding good developers / IT guys for your company?
Having engaged and worked with colleges and universities on projects in the past, we have the privilege of building good relationships with many and are often recommended the brightest minds right out of college. We are fortunate to gather talented people who are passionate in our space and love our product. We also receive a great number of CV’s and presentations.
Who is your biggest competition?
Rather than competitors, we see ourselves as completing the current Tesla line. We offer more range with a sports car design and offer comfortable seating for drivers up to 6’5″ which is uncommon for a sports car. Other 2+2 seater sports cars don’t have an eco-friendly component, which makes the Tomahawk truly unique.
How are you intending on taking your company to million dollars in revenues? In what markets?
Being in the automotive space – more precisely the luxury car industry – we expect to generate millions of dollars in revenue selling our Tomahawk sports car. The retail price is in the hundreds of thousands of dollars and we anticipate the demand will be phenomenal.
What is the big lesson you’ve learned (success or failure) with this project?
Don’t take advice from someone you’re not willing to trade places with. As entrepreneurs, we get caught up in this world of over populated information and it’s crucial to discern and evaluate the valuable intel. We constantly strive to learn from titans in all industries and study their habits more so today than ever before.
Want to reserve your car? Reserve it here: https://www.startengine.com/startup/dubuc-motors