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Local Motors

Full company profile

uuid0002i8s

Namestring
Local Motors
Legal namestring
Local Motors
Websiteurl
localmotors.com
Company typeenum
Private
Founded yearint
2007
Descriptiontext

Local Motors was an American motor vehicle company founded in 2007 by John B. Rogers Jr. in Phoenix, Arizona, that designed and manufactured vehicles using 3D printing (additive manufacturing) and integrated autonomous driving technology into its product lines. The company's core products included the Rally Fighter (2009, open-source off-road vehicle), Strati (2014, claimed as the world's first 3D-printed electric car, printed in 44 hours), LM3D Swim (2015, 3D-printed car with IBM IoT connectivity), and the Olli autonomous electric shuttle family (Olli 1.0 in 2016 with 60-mile range; Olli 2.0 in 2019, 80% 3D-printed, 100-mile range, 25 mph top speed). Production was organized through small-scale, flexible "microfactories" capable of turning around customized vehicles in weeks rather than the multi-year cycles typical of traditional automotive manufacturing, with buyers participating in on-site assembly.

The company's business model centered on direct vehicle sales, licensing of its microfactory production concept, and a go-to-market motion driven by event-based demonstrations at trade shows (including the International Manufacturing Technology Show in Chicago) and earned media through television and film placements. It also pursued institutional shuttle deployments at universities, hospitals, and corporate campuses, and conducted international pilots such as a four-month Olli trial at the ITC-ILO campus in Turin, Italy. Customer engagement was anchored by an open-source co-creation design process drawing input from a worldwide online community of contributors.

Local Motors raised approximately $16.25 million across multiple funding rounds from 2012 through 2021, including a $15M round from Mirai Creation Fund in October 2020 and a corporate investment from GameAbove Mobility (a division of CapStone Holdings Inc.) in May 2021 aimed at scaling Olli production and expanding into the Americas, Europe, and Asia. Despite these efforts, the company was unable to reach self-sustaining commercial scale and ceased operations on January 14, 2022.

Short descriptiontext

Local Motors was a Phoenix-based American motor vehicle company (2007-2022) that manufactured 3D-printed vehicles and autonomous electric shuttles (Olli) via flexible microfactories, serving institutional customers such as universities, hospitals, and corporate campuses through direct sales and pilot deployments.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersChandler, United States
HQ citystring
Chandler
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
3D printed vehicles, autonomous electric shuttles, additive manufacturing automobiles, microfactory vehicle production, open-source vehicle design
Industry1 code
1Specialty Vehicle Body Manufacturing (Emergency/Military/Mobile Clinics)
CodeIMACAGADPrimaryYes
NAICS code1 code
  • Motor Vehicle Manufacturing3361
SIC code1 code
  • Truck & Bus Bodies3713
Product category
Automotive Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Vehicle Sales
TypeOne Time License
Description

Direct sales of manufactured vehicles including the Rally Fighter, Strati, LM3D Swim, and Olli autonomous shuttles to customers.

homegrail.com
2Microfactory Licensing
TypeLicensing Royalties
Description

The company operated microfactories for local vehicle production and potentially licensed this manufacturing model.

homegrail.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Local Motors designed, manufactured, and sold vehicles produced largely through 3D printing in small-scale microfactories, including the Rally Fighter off-road vehicle, the Strati (world's first 3D-printed electric car), the LM3D Swim, and the Olli autonomous electric shuttle for low-speed environments. The company operated an open-source co-creation design model with a global contributor community and pursued deployments of autonomous shuttles at universities, hospitals, and corporate campuses across the Americas, Europe, and Asia.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Vehicle production turnaround in weeks compared to multiple years for traditional automotive manufacturing
+3 more records
Product overview1 text field

Local Motors was an American automobile manufacturing company that specialized in 3D-printed vehicles and autonomous driving technology. The company operated a portfolio of products including the Rally Fighter (open-source off-road vehicle), Strati (world's first 3D-printed electric car), LM3D Swim (3D-printed car with IoT connectivity), and Olli (autonomous electric shuttle available in 1.0 and 2.0 versions). Production was enabled through innovative microfactories that allowed rapid vehicle turnaround. The company ceased operations on January 14, 2022.

Product and service6 records
1Rally Fighter
CategoryAutomotive Manufacturing
Description

An open-source off-road pre-runner vehicle developed through co-creation design with a worldwide online community, introduced in 2009 after 18 months of development. Buyers assembled their vehicles at Local Motors microfactories with company employees. Featured on Top Gear, Game Changers, and in Transformers: Age of Extinction and The Fate of the Furious.

2Strati
CategoryAutomotive Manufacturing
Description

The world's first 3D-printed electric car, introduced in 2014 at the International Manufacturing Technology Show in Chicago. Made almost entirely of 3D-printed parts (excluding battery, electric motor, and tires) and printed in 44 hours.

3LM3D Swim
CategoryAutomotive Manufacturing
Description

A 3D-printed car debuted in 2015 featuring IBM IoT connectivity technology. Made from 20% carbon fiber and 80% ABS plastic and designed by community member Kevin Lo.

4Olli 1.0
CategoryAutonomous Vehicles
Description

An autonomous, electric-powered, and partly 3D-printed shuttle unveiled in 2016 for low-speed environments such as campuses, hospitals, and universities. Could run for 60 miles on a single charge.

5Olli 2.0
CategoryAutonomous Vehicles
Description

Upgraded version of the Olli autonomous shuttle released in 2019. 80% 3D-printed with 100 miles range on a single charge and top speed of 25 mph. Deployed internationally including at the ITC-ILO campus in Turin, Italy.

6Microfactories
CategoryManufacturing Services
Description

Local Motors' small-scale, flexible production facilities that enabled vehicle customization turnaround in weeks, with customers participating in assembly of their vehicles with company employees.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

EasyMile produces the EZ10 autonomous electric shuttle for low-speed environments such as campuses, airports, and hospitals — a near-identical use case to Local Motors' Olli, making it the most directly comparable peer.

TypeDirect peer
Description

Navya developed the Autonom autonomous shuttle, deployed at campuses, hospitals, and urban sites globally. It is a direct competitor in the same low-speed autonomous shuttle category as Olli.

TypeDirect peer
Description

May Mobility operates low-speed autonomous shuttle services on campuses and urban corridors, directly overlapping with Local Motors' target deployment environments and customer profile.

TypeDirect peer
Description

Optimus Ride deployed autonomous electric shuttles in low-speed geofenced environments including campuses and mixed-use developments, sharing Local Motors' institutional shuttle thesis.

TypeEmerging player
Description

Arrival pursued a microfactory-based electric vehicle production model for commercial vans and buses, conceptually aligned with Local Motors' distributed microfactory approach and specialty vehicle focus.

TypeBroad incumbent
Description

Nuro develops autonomous electric vehicles for last-mile goods delivery, representing a broader autonomous mobility incumbent pursuing adjacent low-speed urban use cases beyond Local Motors' passenger shuttle focus.

TypeBroad incumbent
Description

Mobileye provides advanced driver-assistance and autonomous driving technology integrated across many vehicle platforms, representing the broader AV technology stack that Local Motors' autonomous Olli relied upon.

TypeBroad incumbent
Description

Aptiv is a broad automotive technology supplier with autonomous driving capabilities and vehicle integration expertise, comparable as a large incumbent across the same automotive and mobility value chain.

TypeBroad incumbent
Description

Rivian is a venture-backed electric vehicle manufacturer building trucks and delivery vans at scale, comparable as a higher-capital alternative path in EV manufacturing that Local Motors' microfactory model sought to disrupt.

TypeEmerging player
Description

Canoo is an electric vehicle startup that pursued subscription-based mobility and specialty-purpose EVs (including shuttles and delivery vehicles), and is a thematic comparable in the capital-constrained EV startup space that ultimately faced execution challenges similar to Local Motors.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability1 record

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Local Motors

Automotive Manufacturinglocalmotors.com

Local Motors was a Phoenix-based American motor vehicle company (2007-2022) that manufactured 3D-printed vehicles and autonomous electric shuttles (Olli) via flexible microfactories, serving institutional customers such as universities, hospitals, and corporate campuses through direct sales and pilot deployments.

What Local Motors does

Local Motors was an American motor vehicle company founded in 2007 by John B. Rogers Jr. in Phoenix, Arizona, that designed and manufactured vehicles using 3D printing (additive manufacturing) and integrated autonomous driving technology into its product lines. The company's core products included the Rally Fighter (2009, open-source off-road vehicle), Strati (2014, claimed as the world's first 3D-printed electric car, printed in 44 hours), LM3D Swim (2015, 3D-printed car with IBM IoT connectivity), and the Olli autonomous electric shuttle family (Olli 1.0 in 2016 with 60-mile range; Olli 2.0 in 2019, 80% 3D-printed, 100-mile range, 25 mph top speed). Production was organized through small-scale, flexible "microfactories" capable of turning around customized vehicles in weeks rather than the multi-year cycles typical of traditional automotive manufacturing, with buyers participating in on-site assembly.

The company's business model centered on direct vehicle sales, licensing of its microfactory production concept, and a go-to-market motion driven by event-based demonstrations at trade shows (including the International Manufacturing Technology Show in Chicago) and earned media through television and film placements. It also pursued institutional shuttle deployments at universities, hospitals, and corporate campuses, and conducted international pilots such as a four-month Olli trial at the ITC-ILO campus in Turin, Italy. Customer engagement was anchored by an open-source co-creation design process drawing input from a worldwide online community of contributors.

Local Motors raised approximately $16.25 million across multiple funding rounds from 2012 through 2021, including a $15M round from Mirai Creation Fund in October 2020 and a corporate investment from GameAbove Mobility (a division of CapStone Holdings Inc.) in May 2021 aimed at scaling Olli production and expanding into the Americas, Europe, and Asia. Despite these efforts, the company was unable to reach self-sustaining commercial scale and ceased operations on January 14, 2022.

Local Motors firmographics

Firmographics
Name
Local Motors
Legal name
Local Motors
Website
https://localmotors.com
Company type
Private
Founded year
2007
Operating status
Closed
Headcount range
251–500 employees
Short description
Local Motors was a Phoenix-based American motor vehicle company (2007-2022) that manufactured 3D-printed vehicles and autonomous electric shuttles (Olli) via flexible microfactories, serving institutional customers such as universities, hospitals, and corporate campuses through direct sales and pilot deployments.
Ownership category
akta.pro rank

Local Motors industry classification

Industry
Product category
Automotive Manufacturing
NAICS
Motor Vehicle Manufacturing (3361)
SIC
Truck & Bus Bodies (3713)
akta.pro primary industry
Specialty Vehicle Body Manufacturing (Emergency/Military/Mobile Clinics) (IMACAGAD)

Keywords

  • 3D printed vehicles
  • Autonomous electric shuttles
  • Additive manufacturing automobiles
  • Microfactory vehicle production
  • Open-source vehicle design

Where Local Motors is headquartered

Location

Headquarters

HQ city
Chandler
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Local Motors business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

  1. Vehicle Sales: Direct sales of manufactured vehicles including the Rally Fighter, Strati, LM3D Swim, and Olli autonomous shuttles to customers.
  2. Microfactory Licensing: The company operated microfactories for local vehicle production and potentially licensed this manufacturing model.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Local Motors product offering

Product offering

Core offering

Local Motors designed, manufactured, and sold vehicles produced largely through 3D printing in small-scale microfactories, including the Rally Fighter off-road vehicle, the Strati (world's first 3D-printed electric car), the LM3D Swim, and the Olli autonomous electric shuttle for low-speed environments. The company operated an open-source co-creation design model with a global contributor community and pursued deployments of autonomous shuttles at universities, hospitals, and corporate campuses across the Americas, Europe, and Asia.

Product overview

Local Motors was an American automobile manufacturing company that specialized in 3D-printed vehicles and autonomous driving technology. The company operated a portfolio of products including the Rally Fighter (open-source off-road vehicle), Strati (world's first 3D-printed electric car), LM3D Swim (3D-printed car with IoT connectivity), and Olli (autonomous electric shuttle available in 1.0 and 2.0 versions). Production was enabled through innovative microfactories that allowed rapid vehicle turnaround. The company ceased operations on January 14, 2022.

Differentiator

Problem solved

Functional benefit

Products and services

  • Rally Fighter An open-source off-road pre-runner vehicle developed through co-creation design with a worldwide online community, introduced in 2009 after 18 months of development. Buyers assembled their vehicles at Local Motors microfactories with company employees. Featured on Top Gear, Game Changers, and in Transformers: Age of Extinction and The Fate of the Furious.
  • Strati The world's first 3D-printed electric car, introduced in 2014 at the International Manufacturing Technology Show in Chicago. Made almost entirely of 3D-printed parts (excluding battery, electric motor, and tires) and printed in 44 hours.
  • LM3D Swim A 3D-printed car debuted in 2015 featuring IBM IoT connectivity technology. Made from 20% carbon fiber and 80% ABS plastic and designed by community member Kevin Lo.
  • Olli 1.0 An autonomous, electric-powered, and partly 3D-printed shuttle unveiled in 2016 for low-speed environments such as campuses, hospitals, and universities. Could run for 60 miles on a single charge.
  • Olli 2.0 Upgraded version of the Olli autonomous shuttle released in 2019. 80% 3D-printed with 100 miles range on a single charge and top speed of 25 mph. Deployed internationally including at the ITC-ILO campus in Turin, Italy.
  • Microfactories Local Motors' small-scale, flexible production facilities that enabled vehicle customization turnaround in weeks, with customers participating in assembly of their vehicles with company employees.

Quantifiable outcome

  • Vehicle production turnaround in weeks compared to multiple years for traditional automotive manufacturing
  • +3 more outcomes

Companies that use Local Motors

Customer profile

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Local Motors technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Local Motors partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Local Motors competitors and assessment

Company assessment

Direct peers

  • EasyMile: EasyMile produces the EZ10 autonomous electric shuttle for low-speed environments such as campuses, airports, and hospitals — a near-identical use case to Local Motors' Olli, making it the most directly comparable peer.
  • Navya: Navya developed the Autonom autonomous shuttle, deployed at campuses, hospitals, and urban sites globally. It is a direct competitor in the same low-speed autonomous shuttle category as Olli.
  • May Mobility: May Mobility operates low-speed autonomous shuttle services on campuses and urban corridors, directly overlapping with Local Motors' target deployment environments and customer profile.
  • Optimus Ride: Optimus Ride deployed autonomous electric shuttles in low-speed geofenced environments including campuses and mixed-use developments, sharing Local Motors' institutional shuttle thesis.

Emerging players

  • Arrival: Arrival pursued a microfactory-based electric vehicle production model for commercial vans and buses, conceptually aligned with Local Motors' distributed microfactory approach and specialty vehicle focus.
  • Canoo: Canoo is an electric vehicle startup that pursued subscription-based mobility and specialty-purpose EVs (including shuttles and delivery vehicles), and is a thematic comparable in the capital-constrained EV startup space that ultimately faced execution challenges similar to Local Motors.

Broad incumbents

  • Nuro: Nuro develops autonomous electric vehicles for last-mile goods delivery, representing a broader autonomous mobility incumbent pursuing adjacent low-speed urban use cases beyond Local Motors' passenger shuttle focus.
  • Mobileye: Mobileye provides advanced driver-assistance and autonomous driving technology integrated across many vehicle platforms, representing the broader AV technology stack that Local Motors' autonomous Olli relied upon.
  • Aptiv: Aptiv is a broad automotive technology supplier with autonomous driving capabilities and vehicle integration expertise, comparable as a large incumbent across the same automotive and mobility value chain.
  • Rivian: Rivian is a venture-backed electric vehicle manufacturer building trucks and delivery vans at scale, comparable as a higher-capital alternative path in EV manufacturing that Local Motors' microfactory model sought to disrupt.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Local Motors social profiles

Digital presence

Local Motors financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Local Motors leadership team

Management profile

Number of profiles

Profiles7 records

Local Motors funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Local Motors M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Local Motors

What does Local Motors do?

Local Motors designed, manufactured, and sold vehicles produced largely through 3D printing in small-scale microfactories, including the Rally Fighter off-road vehicle, the Strati (world's first 3D-printed electric car), the LM3D Swim, and the Olli autonomous electric shuttle for low-speed environments. The company operated an open-source co-creation design model with a global contributor community and pursued deployments of autonomous shuttles at universities, hospitals, and corporate campuses across the Americas, Europe, and Asia.

Is Local Motors a public or private company?

Local Motors is a private company. It is classified as venture growth investor backed and is currently closed.

When was Local Motors founded?

Local Motors was founded in 2007. It employs 251 to 500 people.

Where is Local Motors based?

Local Motors is headquartered in Chandler, United States, in the North America region.

How does Local Motors make money?

Two revenue lines are on record. Vehicle Sales are the primary driver. The others are microfactory Licensing.

Who are Local Motors's main competitors?

Direct peers on record are EasyMile, Navya, May Mobility and Optimus Ride. Emerging players are Arrival and Canoo. Broad incumbents are Nuro, Mobileye, Aptiv and Rivian.

Does Local Motors have an API?

No public API is recorded for Local Motors.

What industry is Local Motors in?

Local Motors's product category is Automotive Manufacturing. Its primary akta.pro industry code is IMACAGAD, Specialty Vehicle Body Manufacturing (Emergency/Military/Mobile Clinics). Its NAICS code is 3361 and its SIC code is 3713.

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Live signals
AdditivemanufacturingEvaluating the Printability and Mechanical Properties of LFAM RegrindSABIC conducted a study to evaluate the feasibility of regrinding materials used in large-format additive manufacturing (LFAM) for reuse, alongside the now-defunct Local Motors. The study found that while 100% regrind materials presented some mechanical performance degradation, they could be processed without significant printing issues. The findings highlight the potential for recycling LFAM waste, although challenges remain in establishing a sustainable recycling process.RapidmadeFrom Prototype to Reality: How 3D Printing is Transforming Product DevelopmentAn explainer article outlines how 3D printing is reshaping product development, citing benefits such as faster time to market, greater design flexibility and lower tooling costs. It cites Adidas' Futurecraft 4D shoes and Local Motors' Strati as examples, and names CAD and slicer software. It also notes material and size limitations and points to aerospace, healthcare, automotive, robotics, jewelry and fashion applications.PR NewswireBeep and Local Motors Successfully Conclude Autonomous Shuttle Project at Yellowstone National ParkBeep successfully completed the T.E.D.D.Y. autonomous shuttle pilot project at Yellowstone National Park, operating Olli 3D-printed shuttles manufactured by Local Motors across two routes from June 9 to August 31, 2021. The project transported thousands of visitors and demonstrated growing public confidence in autonomous vehicle technology, with data collected on ridership, route optimization, and vehicle operations. The National Park Service plans to use the learnings to evaluate potential future autonomous vehicle operations at parks across the United States.PR NewswirePerrone Robotics to Feature Flagship All-Electric Autonomous Vehicles and New Partnerships at APTA's TRANSform Conference & EXPOPerrone Robotics announced its participation at the APTA TRANSform Conference & EXPO in Orlando from Nov. 7–10, 2021, where it will showcase all-electric autonomous vehicle solutions including the AV Star shuttle and the TONY-LM Olli. The company highlighted partnerships with the Jacksonville Transportation Authority and Local Motors, with live demonstrations of its patented TONY autonomous technology platform. Perrone's CEO stated the company is experiencing growing demand for reliable AV solutions across multiple transportation sectors.FinancialContent Business PageLocal Motors Selects Ouster Lidar for Production of Its Next-Generation Autonomous ShuttlesOuster signed a strategic agreement with Local Motors to supply digital lidar sensors for its next-generation autonomous shuttles. The deal includes a binding commitment of over 1,000 sensors through 2023 and a non-binding forecast of over 20,000 through 2025. Local Motors will use the sensors for Level 3 autonomous vehicles on mapped routes.TechCrunchWe don’t just need an AV revolution — we need a design evolutionThe Coalition for Safe Autonomous Vehicles and Electrification (SAVE) was launched by Zoox, Nuro, and Local Motors to promote safe, electric, and accessible autonomous vehicles. The coalition cites a Virginia Tech study showing zero-occupant delivery AVs could reduce fatal crashes by about 60% and claims that shared electric AVs could cut CO2 emissions by 80% by 2050.PR NewswireGeorgia's Longest Running Clean Fleet-Demonstration Series Opens Live (and Virtual) on October 5th at Peachtree CornersThe annual Clean Energy Roadshow series, hosted by PSC Vice Chairman Tim Echols, opens its 11th year in Peachtree Corners, Georgia, on October 5th, featuring a showcase of propane, natural gas, and electric commercial vehicles. The event brings together manufacturers such as Blue Bird, Local Motors, and BYD USA with fleet managers and officials to educate attendees on the environmental and economic benefits of alternative fuel fleets. Subsequent stops will be held in Macon and Savannah to further promote low-emission infrastructure and funding resources.PR NewswireLocal Motors poursuit sa croissance avec la nomination de Vikrant Aggarwal au poste de directeur généralLocal Motors announced that Vikrant Aggarwal, previously president and chief operating officer, has been promoted to chief executive officer, succeeding Jay Rogers who moves to an advisory role as vice-chairman. The leadership change follows the company's international commercial expansion of its autonomous electric shuttle Olli, which in August 2021 achieved the company's highest single-month vehicle deliveries and provided thousands of secure trips in low-speed environments worldwide. Global interest in autonomous vehicles is rising with more favorable legislation and increased deployments across various use cases.PR NewswireVikrant Aggarwal wird Chief Executive Officer: Local Motors weiter auf WachstumskursLocal Motors announced the appointment of Vikrant Aggarwal as Chief Executive Officer, effective immediately, as the company continues its global market expansion of the Olli autonomous electric shuttle. In 2021 alone, Olli vehicles completed thousands of safe low-speed rides worldwide, with August 2021 marking the highest monthly vehicle deliveries in the company's history. Jay Rogers, the co-founder and former CEO, will transition to a non-executive vice chairman advisory role as Local Motors focuses on scaling production and entering its next growth phase.PR NewswireLocal Motors continúa su crecimiento y Vikrant Aggarwal se convierte en consejero delegadoLocal Motors announced that its president and chief operating officer, Vikrant Aggarwal, has been promoted to chief executive officer, succeeding John (Jay) B. Rogers, Jr., who transitions to a non-executive advisory role as vice chairman. The leadership change coincides with the company's demonstrated market traction, including global commercial deployments of its Olli autonomous electric shuttle, which provided thousands of safe rides in 2021, with August 2021 marking the company's highest single-month vehicle deliveries in its history.