Dubuc Looks To “Alternative” Fundraising To Bring Electric Supercar To Market By 2017

dubuc tomahawk


Dubuc Tomahawk

Dubuc Tomahawk

Dubuc Motors of Quebec plans to release its fully-electric supercar within the next year. In order to make this happen, the new Canadian auto company hopes to raise $25 million through crowdfunding.

The car will be capable of 0-60 mph in 3 seconds, with a 300-mile range.

Similar to Tesla’s vehicles, the Tomahawk will have a high price tag. It will cost $100,000 and will be marketed as the world’s first super car with 2 seats in front and 2 seats in back.

Mike Kakogiannakis, Dubuc co-founder, believes the car will not compete with Tesla, but rather complement Tesla’s line up. It is meant to attract a different audience.

Dubuc Tomahawk prototype

Dubuc Tomahawk

He explains that, “Although Tesla’s current line of cars deliver breathtaking accelerations, our target market is addressed to those looking for that supercar look and feel. The demand for such a car is currently not being met.” The Tomahawk “was engineered to also address a problem automakers keep ignoring . . . the big and tall can now fit in a sports car comfortably, opening a market for professional athletes.”

Some are uncertain that the Tomahawk will find a place in the current market. Established automakers like Porsche have successfully made hybrid supercars that appeal to sports car aficionados.

Brett David, CEO of Prestige Imports shares:

“The biggest supercar manufacturers are switching to hybrid. It is a perfect mix. I think a fully electric car may be a little foolish at the time. I think we will see more electric cars because it appeases more people, but I do not think consumer confidence will allow for full electric [supercars] right now. In five to 10 years, there could be a market for it.”

It will be interesting to see if Dubuc can generate enough funds to make the project a reality, especially since a fully-electric supercar may not be what buyers need or want in the current market.

Source: CNBC

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15 Comments on "Dubuc Looks To “Alternative” Fundraising To Bring Electric Supercar To Market By 2017"

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Range is the only reason to still want an hybrid.

Only one successful sport BEV will kill sports hybrids, as the S/X are killing other luxury brands.
The future is all electric… and clean.

This video shows a much improved interior from the one i’ve seen 2 years ago.
At the time, the battery pack was behind the car, a no-no in my opinion. looks like mayby the plans have been improved and thats good for them. They should use Tesla’s patents ans superchargers to help things move faster to get to market.

Tomahawk…that was the Chrysler V10 Motorcycle.,That I think Jay Leno owns now. …BTW, Ev’s Don’t need grills ., They look Silly too. I wonder who’s pockets will get filled with this So called Fund Raising for this Phony Car company. In Canada Public Co.’s Have the License to steal & they Do!! They relieve the unsuspecting Public from their monies Daily. This is a common occurance On a daily Basis in Canada, I Know ,because They Robbed Me & many others …

Your comment is B.S. as usual


Dear Brett David,

Nobody “needs” a supercar. Supercars are all about want. I do believe there are rich dudes that want an all electric supercar but it must have supercar performance that beats all sedans in its price range.

Plus, people need to trust the company they are buying from. They are literally trusting their life to the auto company they are buying from.

Rob Stark

Nice concept, Tesla Roadster does need some friends to race around with. Going to need deep pockets on getting this one into production!

Good luck to this company. The design seems off to me, kind of “scrunched” sporty – super -wide kit car…with white fenders?

If it truly goes 300 miles and to 60mph ( should be less than 3 sec. IMHO )…It could find a small, no…tiny market. NBA players may want one, but they seem to like Escalades and pimped Bentleys with 3″ monster wheels best… Yet even if Dubuc
found a way to effectively market the car to them — They want custom rides, to out-do their peers, and impress peons.

Would that be a market large enough to support a car company?

This approach doesn’t seem one that would inspire like Tesla’s did. Tesla took the world by surprise. A true high performance car with classic sports car looks – that beat many more expensive established brands on what they thought were their exclusive territories – like speed and exclusivity. The fact that electric cars that were exciting was NEW was the draw. This car is seeking a teenie tiny niche.

These Guys are So Full Of …. They’ll Raise Money Pay themselves “Huge” Keep raising money over & over as Long As they can get away with it..When it”s all said & done the Shareholders will be left Holding the Bag…I’ve seen it so many Times Before with these Startup Canadian Companies.

We don’t need more electric supercars with million-dollar price tags. We need sensible daily use electric cars for the masses somebody will eventually get that formula correct

Plus it has arrêt Lights.

“the Tomahawk will have a high price tag. It will cost $100,000”

Isn’t there a zero missing?

Hard to imagine how you can build a vehicle which beats the Model S in both performance and range for considerably less money.

Translation: We haven’t been able to find a real investor, so we’ll try to cajole uneducated Internet “investors”.

“Normal” crowdfunding like Kickstarter/Indiegogo is also pretty unethical, but at least there people who “donate” the price of a “product” hope to get that product.
What exactly would this company offer someone who donates, say, $100? A T-Shirt saying “I donated to Dubuc and all I got was this lousy T-Shirt”? (-:

All the classic small sportscar companies with almost a century of engineering & racing experience didn’t last — none of them are still independent, and most just whored their brand & logos (e.g., MG) .

Unless these guys have someone with, say, $400-500M ready to back them as is, they don’t have a prayer.

Indeed. This looks like either the promoters are astoundingly clueless about how much money it takes to put a car into production, or else — more likely — it’s a scam.

Sadly, such scammers are rarely prosecuted, because they can just claim they spent all the money they were given on fruitless R&D plus their salaries. And if they give themselves big fat salaries for doing nothing, well that’s not illegal, right?

$25 million?

You need billions of dollars in capital investment to build a company capable of mass producing a car.

Crowdfunding that… is not a realistic goal.