Local Motors was a company that specialized in the design, prototyping, and manufacture of advanced vehicle technology. It was founded in upstate New York in 2007, and quickly rose to prominence for its 3D-printed cars and its crowdsourcing designs for cars.
Despite its innovative approach, however, the company was unable to remain solvent, and it ultimately closed its doors in December 2019.
The primary reason for Local Motors’ closure was the lack of investment capital. Despite a strong start in 2007, the company struggled to raise sufficient funds to keep its business model viable, and attempts to secure further funding were ultimately unsuccessful.
The business model that was used also played a role, as the company needed to produce small numbers of complex prototypes and vehicles, which was expensive to achieve. Ultimately, the low volumes and high costs – combined with a lack of funding – made it impossible for Local Motors to continue in operation.
Is Local Motors still building rally fighters?
No, Local Motors has announced that it has stopped manufacturing rally fighters. In 2019, the company announced that it no longer produces or sells the rally fighter. However, the original rally fighter remains available for purchase on the secondary market.
Local Motors currently focuses on producing vehicles with autonomous and electric drivetrains, such as the Olli shuttle bus. The company also offers 3D printing services and supports microfactories, which build limited-run custom vehicles.
What is Olli Local Motors?
Olli Local Motors is an exciting self-driving vehicle technology developed by Local Motors. The autonomous electric vehicle is designed for use in urban and suburban areas. It is the world’s first 3D-printed, self-driving vehicle and has been deployed on roads across the world since 2016.
Olli Local Motors is a collaboration between Local Motors and IBM Watson’s Cognitive Mobility platform. It is powered by cognitive computing, machine learning, and the Internet of Things, enabling the vehicle to understand its environment and interact with the people and objects within it.
Through its cognitive computing capabilities, Olli Local Motors can identify and predict the actions of pedestrians and other vehicles, as well as plan and adjust its trajectory accordingly. It features advanced sensors and avionics, as well as an innovative multimodal UI to interact with the user.
Additionally, Olli Local Motors is powered by renewable energy, making it an environmentally-friendly solution that reduces emissions and improves air quality. Olli Local Motors is a revolutionary self-driving vehicle technology that will revolutionize how people move around urban areas around the world.
Who bought Local Motors?
In October 2016, Stratasys Ltd. announced it has bought Local Motors, a ground mobility company that manufactures customized connected and autonomous electric vehicles (EVs). Stratasys is an American 3D printing and additive manufacturing company that manufactures 3D printers, materials, software and services.
Local Motors was founded in 2007 and originally focused on the concept of using crowd-sourced engineering, community collaboration and rapid prototype fabrication to design, build and sell customized cars.
In the years since, they have expanded and now include a wide range of vehicles — including autonomous and connected cars — as well as services. They operate multiple locations across the United States, including their headquarters in Chandler, Arizona.
The acquisition of Local Motors by Stratasys was completed for an ahead of plan consideration of $175 million. This acquisition was part of Stratasys’ effort to diversify their 3D printing and additive manufacturing capabilities in the automotive market.
Stratasys clearly saw the potential in Local Motors and the success of their unique approach to innovation, design, and fabrication.
How much does Olli cost?
The cost of Olli, an innovative self-driving vehicle, depends on the features and customization requested. Olli is offered in several models, such as Olli4, Olli10, and Olli20, which range in size from 4 to 20 passengers.
The prices for each model also range from around $32,000 for the 4-passenger model up to $100,000 for the 20-passenger model. The cost also increases if customizations or added features such as autonomous security systems or digital store fronts are requested.
What is autonomous bus?
An autonomous bus is an automated vehicle that can travel on its own on public roads without the need of a human driver. Autonomous buses offer a number of advantages to traditional buses as well as other forms of transportation.
Autonomous buses are equipped with a variety of features such as sensors, cameras, and adaptive cruise control which give them the capability to detect objects and react accordingly. This allows autonomous buses to avoid collisions, making travelling on them safer than a traditional bus.
Autonomous buses also eliminate the need for a human driver, reducing the cost of running the bus service. Furthermore, they allow for precise routes, times and decentralized trip scheduling, increasing efficiency.
This results in quicker and more consistent travel times as well as extended operating hours compared to traditional bus systems. Additionally, autonomous buses have a smaller ecological footprint, due to their ability to reduce energy consumption throughout their daily route.
Ultimately, autonomous buses bring revolutionary advancements to public transport and create a more reliable and cost-effective means for commuters to get from A to B.
Who printed the first 3D car?
The first 3D printed car was created by Local Motors, a Phoenix-based company, in 2014. The two-seater car, named Strati, was created by designers from around the world and was assembled in just 44 hours with a 3D printer at the 2014 International Manufacturing Technology Show in Chicago.
The Strati was the first mass-produced 3D printed car and it featured more than 40 components that were printed in ABS polymer. The car featured a drivetrain from Renault and a weight of only 1,400lbs.
It was only capable of reaching speeds of up to 40mph, but it was an impressive feat nonetheless. The Strati paved the way for other 3D printed cars, such as the V2 supercar developed by Divergent Technologies in 2017.
Did Local Motors go out of business?
No, Local Motors did not go out of business. Despite being impacted by the economic downturn, the company has remained in operation since its founding in 2007 and has worked to expand its reach, most recently by teaming up with Southwest Research Institute for an experimental chassis for their Olli autonomous vehicle.
Local Motors has cultivated relationships with the U. S. Navy, Army, NASA and the Department of Energy and has developed several innovations, such as the world’s first 3D-printed car, the Strati, unveiled in 2014.
Additionally, Local Motors has won awards from organizations like Popular Mechanics, Automotive News and the International Design Excellence Awards. With its commitment to creating eco-friendly, advanced transportation technologies, Local Motors is working toward a brighter future for the automotive and transportation industry.
Why are Local Motors shutting down?
Local Motors is shuttering its facility due to financial pressures resulting from the COVID-19 pandemic. The company has faced a variety of challenges in recent years and the pandemic further impacted the company’s ability to operate.
It had already been cutting costs and trying to find new sources of revenue to stay afloat. Ultimately, these efforts were not enough to keep the business running, and Local Motors announced plans to close its facility.
The sudden economic downturn caused by the pandemic resulted in decreased consumer spending, leading to a dramatic drop in demand for Local Motors’ products. The pandemic also had an effect on the company’s supply chain, making it difficult to get parts and materials needed to manufacture vehicles.
The company’s liquidity also took a big hit due to decreased revenue and increased costs related to the pandemic.
Ultimately, the combination of these challenges made it difficult for Local Motors to stay in business. The company has expressed its gratitude to its customers and supporters and hopes to be back in action soon.
How much is a Local Motors Rally Fighter?
The cost of a Local Motors Rally Fighter can vary greatly depending on a few factors. In general, you can expect to pay anywhere around $99,000-$125,000 for a base model Rally Fighter. You may also expect to pay additional fees associated with registration, taxes, and other associated costs.
Of course, these prices can range higher or lower depending on where you live and the specific modifications that you opt to make. For example, if you wanted to outfit your Rally Fighter with a off-road suspension or a 454 LSX engine upgrade, the costs could go up considerably.
Ultimately, the cost of a Local Motors Rally Fighter will depend on the modifications you choose to make and any additional fees associated with your purchase.
Are Rally Fighters street legal?
No, Rally Fighters are not street legal. The Rally Fighter is a hand-crafted, off-road vehicle that is designed specifically for racing off-road. It is not designed to be street legal, as it is not certified and inspected to adhere to all the necessary safety and emissions standards required to be a street legal vehicle in the United States.
Additionally, the vast majority of U. S. states and canadian provinces have regulations in place that would prevent a Rally Fighter from being street legal. Therefore, while you may see some Rally Fighters driving in certain parts of the country, they are not street legal vehicles.
Who makes the Rally Fighter?
The Rally Fighter is a custom-built vehicle created by Local Motors, a US-based, collaborative motor vehicle design and manufacturing company that specializes in low-volume production of open-source motor vehicles.
All of the vehicles produced by Local Motors are created using an open-source platform, which allows designers all over the world to submit their own designs, which are then evaluated by the company.
The Rally Fighter is no different; it is a unique, custom-built vehicle that was created through the use of this open-source platform.
Unlike most cars that come off the assembly line, the Rally Fighter was designed to be a high-performance, off-road race car from the ground up. It was designed with a 600 horsepower supercharged engine, heavy-duty suspension, large off-road tires, and an advanced performance computer that integrates with the vehicle’s traction control system.
The Rally Fighter is also capable of reaching speeds of up to 155 mph and is built to last on the most difficult off-road terrain.
The Rally Fighter is an impressive machine with a unique design that sets it apart from other off-road vehicles. Its sophisticated technology and sleek design have made it an enthusiast favorite and have earned it a reputation as a reliable, fast, and stylish off-road ride.
What is Local Motors value proposition?
Local Motors is a unique maker of mobility solutions, from automobiles to self-driving shuttles, which provides a compelling value proposition to buyers. The company offers end-to-end mobility solutions, from product conception to production, allowing for an unparalleled level of customization for buyers.
Their vehicles are built with innovative technologies, including 3D printing, open-source software, and connected technology, allowing customers to buy speedier and cheaper transportation solutions. Additionally, they have a deep involvement in the local community, partnering with makers, prosumers, experts, and academics in order to advance emerging mobility technologies.
Finally, their vehicles are highly efficient, with their in-house developed LOCO gas engine delivering more than 250 miles on a single gallon of fuel. This not only keeps fuel costs low, but also has a positive impact on the environment.
This combination of features provides buyers with a unique and powerful value proposition; a potential buying community can join forces with Local Motors to create the mobility solutions they need at a fraction of the cost and in a fraction of the time.
Can I still buy a Rally Fighter?
Yes, you can still buy a Rally Fighter. The Rally Fighter is a limited-edition, off-road vehicle that was introduced in 2009 by Local Motors. Local Motors is a company that specializes in designing and engineering unique, custom-built vehicles.
The Rally Fighter was designed as an open source vehicle for consumers and off-road enthusiasts alike. Since it was introduced, the Rally Fighter has been a popular choice among adrenaline junkies and drivers who want an off-road experience with a unique twist.
You can purchase the Rally Fighter directly from Local Motors, and each one is custom-built to your specifications. The process typically takes 6-8 months and is priced per vehicle at roughly $99,000.
Local Motors also offers Rally Fighter demonstration days and driving experiences, so you can get a feel for the vehicle before committing to the purchase.
Overall, the Rally Fighter is an excellent choice for those who want a unique and exciting off-road experience. With its powerful V8 engine and rugged design, the Rally Fighter has plenty of potential on and off the road.
If you have the budget and are looking for an adrenaline-pumping ride, the Rally Fighter should be at the top of your list.
What type of co-creation is Local Motors using?
Local Motors is using a type of co-creation known as “open source co-creation” that encourages people to get involved in the development process. This type of co-creation utilizes online platforms to crowdsource ideas and expertise from a large community of participants.
Through its platforms, Local Motors enables users to upload designs, collaborate on ideas, and suggest improvements through comment threads and forums. From these online interactions, the company is able to develop innovative solutions at a fraction of the cost and timeline of traditional development methods.
Additionally, Local Motors’ co-creation approach allows them to tap into the significant technical and creative resources found in niche markets, leading to solutions that are just as valuable as those of industry experts.