The alliance could spring the company's Tomahawk electric sports car from prototype to production - the first step in bringing it to consumers
SUNNYVALE, California, July 11, 2018 /PRNewswire/ -- The announcement of one of the world's first and fastest all-electric four seater sports car has taken the automotive universe by storm, and now, a dynamic alliance could help secure the Tomahawk's road path for commercialization around the globe.
Dubuc Motors, a low-volume automobile manufacturer of opulent high performance electric vehicles and the creators of the fiercely-designed Tomahawk sports car has partnered with Xnergy Financial LLC, a multi-faceted investment banking firm providing debt and equity as well as merger and acquisition services to emerging growth and middle market companies.
Through this joint partnership, Dubuc Motors expects that if institutional capital gets behind the company, it could leverage the completion of tests and certifications required in becoming federally compliant whilst also securing land and a production facility of approximately 200 000 sq. ft. The company intends to sharply increase its roster by hiring additional personnel to satisfy a lean manufacturing process of quality craftsmanship in the thousands of units annually.
"We engineer emotions, we want the quality of our vehicles and genuine passion of our team to shine through. It was also important for us to engineer the Tomahawk to be gender centric, unbiased of stereotypes yet cater to demographics previously under-served in this segment. Consumers will have practicality and sophistication for a deeper and more fulfilling driving experience" says cofounder Mike Kakogiannakis.
The company believes it can also broaden its consumer base by catering to the 11% demographic of big and tall men in North America as well as to women, who are seeking a luxurious sports car that's flexible to their lifestyle. The extra row of seats and generous cargo space allows for daily commutes and is even more so versatile to needs of a family. Dubuc Motors aims to position itself as a responsible contender of change in the world and become known as the most innovative company in the sport car industry.
About Dubuc Motors
Dubuc Motors, Inc., an early stage electric car company developing high end luxury vehicles, committed to designing and manufacturing smart automobiles that are equally efficient and stunning. The company's first design, the Tomahawk, is an alluring sports model, one of the world's first and fastest all-electric four seater sports cars. More information can be found at https://dubucmotors.com
About Xnergy Financial LLC
Xnergy Financial LLC, Member FINRA/ SIPC, an international investment banking firm with extensive expertise in a broad range of industries enables them to deliver prompt, creative finance solutions to their clients regardless of complexity. Sector specific teams of professionals continuously tailor the finance solutions they provide to respond to the changing opportunities of their clients. Xnergy's services include debt and equity corporate finance, merger, acquisition, and disposition services, and business and financial advisory services. http://www.xnergyib.com
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Media and Investor Relations, Mike Kakogiannakis, mike@dubucmotors.com