2050 Motors Ibis

2050 Motors Ibis

The "Angry Tesla Model S" - Aoxin Ibis is back.

The company that would like to sell this car in the U.S. (!!!) is called 2050 Motors, while the car itself is named Ibis.

"Today Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM), announced that last week the new Ibis all-carbon fiber electric sedan arrived in the United States."

2050 Motors refers to the Tesla Model S in its press release stating that unfortunately the logo of both models are similar, but Ibis is different in other areas - like in its carbon fiber body and high-strength extruded aluminum frame, which results in lower weight compared to the Tesla Model S.

Michael Hu said:

2050 Motors Ibis

2050 Motors Ibis

"I would like to clarify some of the Internet comments depicting the Ibis as an imitation of the Tesla Model S. Uninformed people have stated that the Ibis emblem is a 'knockoff' of the Tesla emblem. It's really unfortunate that the two emblems are similar, but that is where the resemblance ends. The following factors I think are more important:

"The Ibis body is built totally out of carbon fiber which is five times stronger than steel and one third the weight. The Tesla body is fabricated from punched out aluminum sheeting.

"Even though the Tesla body is made of aluminum, the Ibis is at least 800 lbs lighter which everyone knows will produce better mileage, especially in urban driving conditions.

"The next important point is that the Ibis carbon fiber body sits on a high strength extruded aluminum frame not on a sheet metal punched out aluminum frame as the Tesla."

2050 Motors Ibis

2050 Motors Ibis

2050 Motors Ibis is to be equipped with a 72 kWh battery (compared to 70/85/90 kWh Tesla Model S) and sold for ~$69,500 pre-tax credit.

Editor's Note: The company promotes a $59,500 figure after deducting the federal tax credit, and then later separately notes a California based rebate of $5,500...so we assume they don't have a real good handle on how EVs are actually sold in the US.

According to the press release, lower weight will enable similar range despite the smaller battery.

"Another point is that both vehicles carry impressive battery packs. The Ibis at 72 kWh and the Tesla at 70 kWh and 85 kWh. The lighter weight of the Ibis will certainly compensate for the slightly lower energy capacity of its battery pack. Therefore, both vehicles will have a similar driving range.

"The next item is cost. Most Tesla Model S are priced over $100,000 after federal rebates. The Ibis, after federal rebates, will be $59,500. A cost that is significantly different and not something to sneeze at."

2050 Motors Ibis

2050 Motors Ibis

Acceleration of Ibis is to be comparable with most gasoline-operated vehicles. The motor is just 134 kW, or way less than a Model S.

0-60 acceleration is estimated at 8.5 seconds. However if that doesn't satisfy the company promises "several (undetailed) options" to "increase the acceleration" to approximately to 5-6 seconds.

"Both cars have a variety of gadgetry based on customers' desires. However, the Tesla was the first to demonstrate to the world that an electric car can compete in every aspect with regular gasoline-powered vehicles. We acknowledge Tesla for this accomplishment. However, building an electric car that can accelerate from zero to 60 mph faster than a Ferrari, although impressive, is not what electric cars are all about, they are about the environment. Incidentally, the Ibis acceleration is comparable to most gasoline operated vehicles on the road today. Finally, let's remember that high powered electric motors used to accomplish hair raising acceleration also consume battery energy at phenomenal rates and are as unnecessary as gas powered muscle cars for the general public."

"Electric cars are being developed to reduce our dependence on foreign oil and reduce all emissions including the ones causing climate change. We believe the Ibis will capture a portion of the high-end middle market which offers all of the high-tech gadgets at an affordable price and, the e-Go will capture a portion of the lower-end middle market – both due to their carbon fiber bodies and space age aluminum frames which no other manufacturer offers."

2050 Motors Ibis

2050 Motors Ibis

Not much details were provided on when and where you could see or buy Ibis in the U.S. were released.

To be honest, given what we have seen so far, and they way it is being presented today to Americans, we don't believe it will succeed, and would advise caution.  (Also take note of disclosure statement surrounding the Ibis - attached at borrom)

If you are curious about 2050 Motors, Inc., here's the company's own description of itself:

"2050 Motors, Inc. ( http://www.2050motors.com and http://www.etfm.com ), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to develop and produce the next generation of clean, lightweight, efficient vehicles and its associated technologies. Some of these technologies include alternative renewable fuels, hybrid electric vehicles, advanced graphene lithium batteries and carbon fiber low cost vehicles. 2050 Motors has been successful in forming long term relationships and exclusive contracts for a variety of game changing technologies. 2050 Motors entered into an agreement with Jiangsu Aoxin New Energy Automobile Co., Ltd., located in Jiangsu, China, for the distribution in the United States of a new electric automobile, known as the e-Go EV (electric vehicle). The e-Go EV is a revolutionary new concept in the ever evolving world of electric vehicles. It will be the only production line electric car with a carbon fiber body and parts manufactured by a new process using robotic machines which significantly reduces the fabrication time and cost of carbon fiber components. The e-Go EV will seat four passengers, have a long battery life, and high energy efficiency rating up to 150+ MPG-E energy equivalent in urban driving due to the light weight of the vehicle. The five passenger carbon fiber luxury sedan Ibis EV, the e-Go's big brother, will also be showcased along with the e-Go EV for future sales in the United States. See videos of completion of the e-Go EV manufacturing plant at https://www.youtube.com/watch?v=wih8_xxZNgA and the unveiling of the e-Go EV at the 2014 Shanghai Auto Show http://www.2050motors.com/shanghaishow.html . The company is fully reporting under the SEC EDGAR system."

Lastly, some Ibis specs:

2050 Motors Ibis spec:

VehicleType
Electric Luxury Passenger Sedan
 Body Material
Lightweight Aluminum and Carbon Fiber
Shape Parameters
Overall Length
16' 4.8" (5000 mm)
Overall Width
6' 2.7" (1898 mm)
Total Height
5' 3.18" (1605 mm)
Wheelbase
9' 7.35" (2930 mm)
Front/ Rear Track
1614 mm/1614 mm (5' 3.5")
Minimum Ground Clearance
 Power System
 Motor Type
AC Permanent Magnet Synchronous
 System Voltage
360 V
Motor Rated
180 HP (134 kW)
Maximum Torque
250 foot-pound (339 Nm)
Charging Time
 5-6h (15kW car AC Charging)
High Speed Charging
 Available
 Motor System
AC permanent magnet synchronous motor, rear drive after a single motor, DSP/EBS
 Battery System
Ternary lithium polymer battery, located under the underbody shield, integrated BMS and charger
 Steering System
Rack and Pinion with EPS
 Braking System
Hydraulic Brake with ABS, ESP, Electric Vacuum Booster, Front and Rear Disc Brakes
 Tire Specifications/wheels
245/ 45ZR19/ light alloy
 Suspension System
 Double Transverse Arm Type, with Hydraulic Shock Absorbers
 Brake Energy Recovery
 Motor Regenerative Braking Energy Recovery
Rated Crew 
5 Passengers
Quality Parameters 
Maximum Total Mass
5,026 lbs (2,280 kg)
Curb Weight
4,000 lbs (1,815 kg)
Performance
Maximum Speed (electronically limited)
95 mph (153 km / h)
Maximum Speed Unlimited
112 mph (180 km / h)
Maximum Gradeability
28%

Miles per charge

(depending on driving conditions)
200-240 miles (320-396 km)

NOTE 1: The acceleration of the Ibis for the standard model version is approximately in the 8.5 second range from 0-60 mph which is comparable to most other gasoline operated automobiles. Several options including a more powerful motor and controller, can increase the acceleration from approximately 8.5 seconds to approximately a 5-6 second range.

NOTE 2: The standard version of the Ibis will have a very powerful 72 kWh battery pack. The Ibis will also be offered with a larger battery pack and/or range extender. The range extender option which will increase the range of the Ibis to well over 700 km per charge.

NOTE 3: The battery pack comes with a 10-year warranty or 150,000 miles.

NOTE 4: The cost of the Ibis is estimated to be $69,500 USD before Federal Rebates ($7,500 USD) and State Rebates (such as those available in California up to $5,500 USD).

NOTE 5: The carbon fiber body sits on an extremely strong aluminum frame (not a sheet metal aluminum stamped frame similar to our competitors).

IBIS 2050 Motors

2050motors - January 20, 2015 - Grand Opening

20150 Motors Disclaimer Attached To Announcement - Filling Us With Confidence

20150 Motors Disclaimer Attached To Announcement - Filling Us With Confidence