DEVELOPMENT HIGHLIGHTS 1/18 – 03/03

March 3, 2023

Wolf truck vehicle components are in development.

March 2, 2023

Wolf truck body development video.

March 1, 2023

Wolf truck test vehicle chassis is completed and is currently undergoing motor and battery integration.

February 23, 2023

Alpha aims to start mass production, with a focus on Wolf and Wolf+ Trucks while leveraging its proprietary development process to prepare future production of Ace, Jax, Saga, and Rex vehicles. 

Alpha plans to leverage its platform sharing strategy to accelerate revenue generation and increase profitability.

Wolf truck driving prototype is scheduled for completion by mid-year.

Alpha plans to validate more than 90% of its new vehicle development to expedite commercialization and profitability.

Alpha is currently preparing molds from the first Wolf Truck prototype to efficiently reproduce the exterior body.

Alpha plans to apply a component commonization strategy across its vehicle lineup to achieve rapid development, reduce manufacturing costs and control quality.

Alpha’s user interface prototype is currently projected to be completed for vehicle integration by the end of the first quarter and currently undergoing graphic user interface (GUI) testing.

Vehicle closures, seating, steering, electronics, and various other component solutions are in development.

Pre-production development is planned to move forward with Alpha’s manufacturing partner, UHI, which will focus on mass production and assembly of major steel components such as the chassis and exterior body.

Alpha plans to initiate pre-production activities such as stamping of full steel bodies by next year.

February 21, 2023

Alpha Motor Corporation receives “Electric Vehicle Manufacturer of the Year – California” Award.

February 17, 2023

  • Wolf Electric Truck Video Presentation

  • Through a public voting process, Alpha received the 2021 LA Auto Show THE ZEVAS™ Top Zero-Emission Vehicle Award for its Ace coupe, a finalist nomination for its Jax CUV, and nominations for its Wolf and Superwolf trucks.

  • Based on THE ZEVAS™ Awards, Alpha believes people favor new brands and products over existing ICE brands and vehicles which are converted into EVs.

  • We believe Alpha has the right products in an industry which is projected for exponential growth. Established systems which have been created to sustain long term success for large organizations focused on mass producing ICE vehicles may now be the reason why they are lacking relevance to consumers who desire EV solutions.

February 15, 2023

  • Wolf Truck Prototype Video

  • Photo Gallery of Original Wolf Truck Prototype

February 14, 2023

  • Alpha Motor Corporation is an automotive electric vehicle startup that has positioned itself to reduce all of the risks of a startup.

  • We have a clear product that is in demand by an existing (and expanding) market.

  • We have experienced team members, advisors, and partners that all share the common goal to move our company’s vision forward.

  • We were founded by individuals who have over 25 years of relationship. We did not just get together to do this business. We aligned on every level of our vision and philosophy, which reduces any risk of discord.

  • We scale at pace and as per needed. We consider momentum and necessity in our plans for expansion because we understand that an overly fast-paced growth leads to waste of resources and shortage of cash.

  • Each of our team members has a diverse range of skills and is able to multitask and contribute to areas that are both in and outside of their fields of expertise. 

  • We know that we are in a capital-intensive business. But we also have the conviction that we have the right process, product, and leadership to become an incredibly successful business.

  • Alpha Motor Corporation will continue to move and innovate with high aspirations and discipline to increase its value, which is our commitment to investors.

February 13, 2023

  • Video and photographs of Alpha's development of the Wolf Plus (4-seater) electric truck.

  • Alpha aims to increase profitability through a multiple model offering that leverages our platform-sharing strategy.

  • The Wolf truck platform is a basis to produce a variety of models which satisfies different consumer needs.

  • Alpha has been progressing the Wolf and Wolf Plus models to increase our ability to grow market share. Both vehicles are slated to be showcased by June 2023.

February 9, 2023

  • Alpha receives letter of support from world class e-mobility engineering company Hinduja Tech Inc (HTI).

  • Insider investment notice is published.

February 8, 2023

  • Alpha is applying advanced Computer Aided Engineering (CAE) to efficiently bring its vehicles to the market.

  • Alpha aims to validate over 90% of its vehicle development through virtual validation which is projected to expedite commercialization and significantly reduce the footprint of industrialization.

  • Alpha’s process simulates the entire construction of the vehicle and configuration of the total Bill Materials (BoM) which effectively manages the cost of manufacturing.

February 7, 2023

  • Alpha’s technical proficiency and disruptive operation strategy enabled creation of the Wolf truck with no additional cost to the company’s balance sheet.

  • Alpha achieved profitability in 2022.

February 3, 2023

After the current Reg CF investment round, Alpha plans to progress to a Reg A investment offering. We believe that Alpha Motor Corporation’s valuation will increase significantly in the next equity round based on the following factors:

  1. Conversion to Deposit-based Reservations

  2. More Vehicle Distribution Arrangements

  3. Wolf Truck Driving Prototype in Construction

In response to a question about going public, we consider going public to be a natural pathway to mass production. More importantly, we believe that our company is well positioned to consider IPO in the near future, given the industry sector, growth trajectory, and vision of our company. We also appreciate and recognize that going public will provide more visibility and liquidity to all stakeholders. Concurrently, it would help us reach the mass consumer market efficiently.

January 30, 2023

  • Alpha’s electric vehicles are in development to integrate battery packs with an estimated energy capacity range of between 65kWh to 85kWh.

  • Alpha is planning to equip its electric vehicles with both home-charging capabilities using a standard 120V AC outlet and DC fast-charging using a Combined Charging System (CCS) to achieve 80% charge in 30 minutes to an hour.

  • Full ISO 15118 compatibility (an international standard defining V2G communication interface for bi-directional charging/discharging of electric vehicles) is also expected to support user-friendliness and support wide adoption of our EVs.

January 27, 2023

  • Alpha Motor Corporation announces partnership with industry leading automobile manufacturer UHI Group to mass produce electric vehicles in the U.S.

  • Alpha Motors' offering raised the most capital out of all Reg CF offerings during the week of 1/18 - 1/21, according to KingsCrowd.

  • People living in the U.S. drive an average of 12,785 miles, which is equivalent to 35 miles a day.

  • Alpha plans to equip its electric vehicles with lithium-ion NMC battery packs, integrated liquid cooling, and minimum range capacity of 250+ miles.

  • 80% of gasoline is burned into pollution by a vehicle with an internal combustion engine while 90% of energy is effectively used to power an EV.

  • 78.5% of 14 million vehicles sold in the U.S. last year were light trucks (Pickup Trucks and SUVs).

  • As much as we love trucks in the U.S., Alpha is equally driven to find a solution for people to enjoy them on a zero-emission basis by commercializing its series of pure electric Wolf Trucks.

January 26, 2023

Alpha Motor Corporation receives Certificate of Congressional Recognition from The United States House of Representatives for its technology patents and dedication to sustainable transportation.

January 24, 2023

  • Alpha achieves precision engineering by computerizing automobile production.

  • Alpha improves major industry short comings through proprietary development including unique application of Computer Aided Engineering (CAE).

  • By saving resources through a computer-assisted process, Alpha is projected to improve ROI generation and bring focus to a greener economy for the industry and consumers.

January 23, 2023

  • Alpha raises Over $500,000 in less than 5 days.

  • Alpha launches Reg CF offering on January 18, 2023.

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