Atlis Motor Vehicles, a US mobility technology company, has announced plans to submit an Nasdaq Global Market application in anticipation of a public listing on the stock market. The ticker symbol “AMV” has been reserved by Atlis on Nasdaq.
The company is developing an electric truck for individuals and fleet owners who work in the agriculture, service, utility, and construction industries.
To meet the towing and payload capabilities of legacy diesel-powered vehicles, Atlis also is developing proprietary battery technology, electric motors, and a modular system architecture to create a high capacity, high output, fast-charging work truck to meet customer needs.
The Atlis XP platform is the base for the 500-mile range electric ATLIS XT pickup, and it is a stand-alone medium to heavy-duty electric platform.
The XP is the only full suite EV skateboard solution to convert a traditional internal combustion engine (ICE) vehicle to an EV.
Atlis says investors may continue to purchase shares of ATLIS through the company’s Regulation A offering on the website, located at https://investinatlis.com, which contains important information and disclosures, including the offering statement.
Investors will be able to purchase shares on the open market once the company goes public.
Mark Hanchett, ATLIS founder and CEO, says: “From inception, we’ve had an unwavering commitment to produce an electric truck that does not comprise performance or durability. By going public, we will unlock the capital needed to succeed. This new funding will allow us to continue to scale operations to produce state-of-the-art batteries, platforms and pickups needed to advance the work truck market. I’d like to acknowledge and thank our 20,000+ investors that have backed our efforts over the years; this is a milestone moment for them as well.”
Atlis Motor Vehicles XP Platform
Arizona-based ATLIS is developing its own electric vehicle battery cells and packs to power 300, 400, and 500-mile range batteries for the ATLIS XP platform and XT pickup truck.
Keyword: US EV Maker Atlis Motor Vehicles Announces Plans to List on Nasdaq