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Mark Hanchett is the Founder and CEO of ATLIS Motor Vehicles. ATLIS is revolutionizing battery technology from the ground up and developing the AMV cell entirely in-house, reimagining what a work vehicle powered by their AMV technology should look like with the XT pickup truck. He started ATLIS in his garage in 2017 after a career in product development for law enforcement at Axon where he started as an engineer, working his way up to run their R&D group. Mark has a mechanical engineering background and has been a truck enthusiast his entire life.
SHOW SPONSORS
Covercraft • Techforce • American Collectors Insurance • Linkage Magazine
INSPIRATION
Life experiences spurred Mark’s entrepreneur life. And then working at AXON where everything he did changed the world.
CHALLENGE
Coming into the EV space somewhat blind and taking the ‘leap’ required getting over doubt, both external and internal.
SPECIAL AUTOMOBILE
His first truck, a 1973-ish Ford F100
BOOK RECOMMENDATION
Measure What Matters by John Doerr
Creativity Inc. by Ed Catmull and Amy Wallace
PARTING WORDS OF WISDOM
When you have an idea, experts are going to tell you not to do it. Take that feedback and then go and do it.
WHERE TO FIND MARK
SHARE THE INSPIRATION
If you enjoyed this show, please go to Apple Podcast and leave me a five-star review. That would help tremendously in getting the word out and help others to be inspired by Cars Yeah. * indicates a past Cars Yeah guest.
Saw this article on the web. Mark Hanchett, CEO and founder of Atlis, seems to have eschewed a salary in the company’s early days. He first earned a steady paycheck from the company in 2019, three years after its founding, when he earned $25,000. The following year, his pay skyrocketed to $180,384.85 for a total overall payout of $205,384.85. His salary is a drop in the bucket, however, compared to his stock in the company. Hanchett owns 61% of Atlis, an incredible 11,284,583 shares. Like Aptera, those shares aren’t traded publicly, but earlier this year they were offered for $8.25/share to private investors. That puts Hanchett’s stake in Atlis at a wholly theoretical value of nearly ninety-three million dollars. His salary pushes him over the edge, to a grand total of $93,190,348.77.
Note: The contact information provided is for Atlis Motor Vehicles and Mark Hanchett, CEO if you wish to contact them. It is not the information of the sender of this message. A rather long, but interesting comment about Atlis Motor Vehicles of Mesa that you may find interesting, from QAD.WISTIA ——–(Archived by administrator, May 01, 2022) (begin) Just a few comments from my observations of over the past 7 years when AMV began as “Volta Motors LLC, of Mesa (602) 309-5425” (Google it). Folks, AMV is falling behind, but you can still make a lot of money quickly as shareholders. They are attempting to go IPO in the summer of 2022. AMV was just able to cobble together a plywood-Styrofoam (R) truck to show for the latest crowd-funding rounds. It does not drive per expectations, cannot tow anything, has no operating windows, air bags, weather seals, turn signal steering wheel stalk, windshield wipers, proper windshield safety glass, roll down windows, air conditioning-heating system, compressor-air tank installation, inverters, SAE approved mirrors or exterior lighting, lacks tires and wheels that meet the load rating, spare tire carrier, has never been tested on a bi-directional chassis dyno or with an AMV battery pack.. So far AMV has never even produced a complete battery pack, (May-2022) they claimed futuristic, unbelievable specifications six years ago for non-existent hardware, have no charging pedestals, or have an electrical service entrance to their facility (currently 600A, 277/480V, not even 300kW) large enough to develop and test a claimed 1.5MW charging system, just to mention a few deficiencies. The XT Prototype has never been seen driving on the road at highway speeds or towing anything, its limit seems to be under 2MPH traveling a few feet on level smooth ground. AMV does not own a bi-directional chassis dynamometer which is necessary for vehicle and battery road simulation performance testing. No independent laboratory test have ever been conducted, on the vehicle, cells, battery modules or battery packs or chassis, no hardware has never been shown at a trade or auto show (May-2022) Virtually nothing on the prototype vehicle is an example of anything close to “production ready” it would never pass crash testing or SAE safety standards. As of May 2022 Atlis has never displayed any hardware at a symposium, trade show, seminar, workshop or published detailed specifications or independent laboratory test verification of any hardware. Any record of a customer ever riding in an Atlis vehicle has not been located. 30 patents claimed are just “applications” costing less than $100 to file and not requiring working models. AMV specializes in promotional videos and CGI (Computer Generated Imagery) that claim to show vehicles and scientific tests that they have conducted. AMV claims to have generated between $1.2B and $2.0B in contracted commitments for XT pickup trucks, this is the value of “free, no deposit reservations”; there is no cash value. AMV claims to have MOU’s and LOI’s, for over $400M in battery pack interest but has never published the names of the actual organizations and has never delivered any product except for T-shirts and hats. They claim to have military government contracts for their technology but have never disclosed any details or documents. Their cell design is being surpassed by the BYD Blade Cell which has superior performance, cost and safety attributes, is currently in production and available to purchase and used in numerous vehicles. BYD has positioned themselves to make billions of cells, has production factories that cover 100’s of acres of land, 250,000 employees, has world-wide patents publicly available, and is becoming the industry standard. AMV is attempting to make a cell production facility out of 2 X 4’s, plastic sheeting and a shipping container, which is laughable. They seem to be on their 5th revision of their basic cell, the 4th revision of their motors and 7th revision of their 1.5MW charging connector with no real test data on any of these devices ever revealed (May-2022). Over 25 key employees have left the company despite pay rates in the 6 figure area. The days of an individual or small company producing a complex vehicle seem to be over. You may see AMV’s attempt to survive by farming out the body, cells, motors, drive system and other components to experts or buying off the shelf components. Employees that have recently left AMV, include: Huda lmashhadany, Head of Energy; Eric Anderson, Electrical Technician; Kenneth Baca, Senior Firmware Engineer; Anirudh (Ani) Bhokarika, Mechanical Engineer – Battery Cell Division; Ching-Yen Chung, Lead Mechanical Engineer; Ross Compton, Lead Vehicle Designer XP – XT Program; Christopher Dawson, Vice President of Manufacturing Engineering; Jack Al Ferzly, Head of Energy and Director of Pack Development; Craig Trzebny,Director of Energy Engineer; Kishor Satish Gaikwad, Power Electronics; Bassam Raza, Senior Electrical Engineer; Devon Huck, Design Researcher & Materials Specialist; Keith Rose, Senior Mechanical Engineer; Karel Hage, Marketing Specialist; Michael Konstas, Chief Financial Officer, and Tamica Sears, VP of Talent, Matthew Wilkins, Senior Design Lead; Andrew Gwynn, Technical Program Manager; Chief Financial Officers Glenn Reese and Greg Hassler, Mark Nelson, Director, Robert Healey, General Manager of Energy; Director Of Operations, Demarco Cason; and Ishaan Puranik, Senior Battery Systems Engineers; Robert Mandrov, VP of Operations; more research will follow. Web information is gathered from Linkedin, Jobonom, Glassdoor, Myvisajobs, RocketeReach, Facebook, Twitter, Signalhire, Apollo, Lunchmeet, Xing, Bark, Doostang, WayupDOTcom, JobekaDOTlk Wayup, ZipRecruiter, SEC documents, Zoominfo, Apollo.io, Redhired, Wayup, Ziprecruiter, Datanyze, Search4itjobs, Zippia, SalaryDOTcom, H1bdata, Theladders, WhatsApp, Instagram, WeChat, Telegram, Pinterest, The Waback Machine, Arc.Dev, Grabjobs, citybiz.co Directlyapply, and others. If ever produced, AMV vehicles will not be cost effective, and be too expensive to be competitive. Watch for the next Crowdfunding Round, money is being made by manipulating the shares, by low, sell high. People have made thousands already. As far as actual hardware, the XT, XP, Cube Cell, 1.5MW charging, and 15 minute charging are all products that live in the computerized imaginary world of CGI (Computer Generated Imagery). These are products of the future, and always will be. AMV losses have totaled over $133 MILLION See the latest loss figures ftom the SEC, page 5: https://sec.report/Document/0001214659-22-006889/ If you are interested in current real EV engineering and on the road technology currently available visit the “Monro Live” (48,250,000+ channel views and the “WeberAuto (33,000,000+ channel views) … a final thought, you may want to visit AMV’ World Headquarters in Mesa to see what’s going on. (end) Inc: Thomas Edison in The Electrician (London) Feb. 17, 1883 said: “The storage battery is, in my opinion, a catchpenny, a sensation, a mechanism for swindling the public by stock companies. The storage battery is one of those peculiar things which appeals to the imagination, and no more perfect thing could be desired by stock swindlers than that very selfsame thing. … Just as soon as a man gets working on the secondary battery it brings out his latent capacity for lying.” REFF: >https://qad.wistia.com/medias/w688ohft8w?hss_channel=fbp-1586124775024416< SCAM INFORMATION: https://topedgefx.com/investinatlis-review-atlis-motor-vehicles-investing-scam/