introduction

Electric car pioneers have disrupted the car industry and become some of the most valuable companies in the world.

We believe Lightning is the best positioned motorcycle company to be a leader in the shift to electrification.

Motorcycles are just at the beginning of the shift to electric.

With 14+ years of engineering industry leading electric vehicle technology, Lightning motorcycle plans to disrupt the motorcycle industry by providing consumers one of the world’s highest performance, potentially longest, ranged, and fastest charging electric motorcycles.

"Meaningful work is work that inspires and creates a positive impact on everyone and everything. For myself and everyone at Lightning, building our products and company, not only provides us with the opportunity to be part of something bigger and better, but to contribute to progress in the relentless effort to save our planet."
- Richard Hatfield
CEO, Lightning Motorcycle

problem

The widespread adoption of electric motorcycles has long been hindered by a set of core concerns.

  • Performance is not on par with gas motorcycles
  • Price premium over gas motorcycle
  • Driving distance and range anxiety
  • Extended charging time
  • Limited choices

solution

Over the last 14+ years, Lightning has developed proprietary technologies that were proven in competition to build production bikes using agile design and manufacturing techniques.

Lightning’s technologies are designed to be capable of scaling to meet diverse segments of motorcycle categories from Superbikes, Adventure Bikes, to 250cc equivalents.

Lightning aims to change how motorcycle riders consume energy, all while elevating expectations.

Convenient. Desirable. Affordable.

Leveraging proprietary technologies, Lightning manufactures products aimed to attract consumers based on a superior user experience, accessible performance, and ease of operation for new and experienced riders.

  • Fast charging
  • Enhanced range
  • Some of the best-in-class power

FAST CHARGING

This industry leading feature not only allows for more time spent riding but along with best in class range per kw, addresses range anxiety concerns.

“I want to thank our partner Lightning for their expertise and agility in developing state-of-the-art hardware and software solutions which enabled us to deliver this high-end, ultra-fast charging motorcycle. For the consumer, this means that riders of electric motorcycles with Enevate Technology can now ride all day alongside conventional motorcycles without being left waiting hours at the charger.”
- Robert A. Rango
Enevate CEO

ENHANCED RANGE

  • Utilizing leading edge high energy battery technology, plus Lightning’s proprietary Battery Management System (BMS) and some of the best in class aero design, we aim to achieve industry leading range.
  • Combined with short charge times and some of the best in class range, Lightning e-motorcycles are designed to provide a riding time experience superior to that of Internal Combustion Engine (ICE) motorcycles of similar size and class.
  • Freedom to travel is more time for fun.

SOME OF THE BEST-IN-CLASS POWER

  • Proven top speed of 218 mph with 200+ HP (land speed record)
  • This performance leadership technology is applied to all of Lightning’s product offerings
  • In addition, proprietary thermal management system results in further gain in overall battery and system efficiencies
"What really blows my mind is that the LS-218 has the performance to exceed 218 mph at Bonneville, yet at the same time it is an economical bike and enjoyable bike to ride on your daily commute?"
- Paul Thede
CEO at Race Tech, Bonneville record holder

LIGHTWEIGHT

“Weight is the enemy of motorcycles” is the mantra of Lightning engineers. Lightning designs light weight throughout the entire bike system, from lightweight battery pack structure, lightweight chassis, lightweight components, and carbon fiber fairings. With Lightning’s lightweight technology and solution, our customers enjoy better handling, more range, and more acceleration.

LOWER THE TOTAL COST OF OWNERSHIP

The headaches of motorcycle ownership, such as keeping up with maintenance, can take the joy out of the ride. Lightning offers a simple, stress-free solution that can change the way you think about motorcycle ownership.

There are 15 tasks you may be able to forever check off your to-do list!

Big savings and reduction to environmental impact at the same time.

Why wait?

key investment highlights

  • One of the world’s fastest productions of electric motorcycles (land speed record: 215.960 mph, top speed of 218.637 mph).
  • Rapidly growing market
  • Tech-forward sales and service model (combining tech and local existing dealership) to build world-class user experience
  • Disruptive capabilities in several key technologies
  • Product roadmap covers a broad spectrum of products

market

600 million motorized two wheelers in the world today and growing*
These are mostly gasoline powered, and have an average life expectancy of 10 years.

Global electric motorcycles industry exceeded 10 million unit annual sales in 2021, an 81% increase over the pre-pandemic 2019.

*Riders Share
Electric adoption worldwide
Most countries in the world have a government policy to electrify transportation. Two-wheelers are already driving the EV transition. The inherent efficiency and affordability of small, two-wheeled EVs mean they could play a vital role in speeding it along.

The growth of Electric Cars paves the way:
- Improving battery technology may increase range and reduce cost.
- Charging infrastructure is becoming ubiquitous. As of November 2022, there are just over 2.3 million charging stations worldwide. The number is expected to surpass 16.83 million by the end of 2028.
- In the USA, there are 49,992 public charging stations installed nationwide.

Increasing strong public awareness and support of environmental issues increases EV adoption.

Who could rule this $100B market?

No obvious leader today… Why not Lightning?

"Keeping up with the best Kawasaki has to offer is a monumental step forward for electric motorcycles…What the electric motorcycle industry needs is more emotion. It needs things that leave you at loss for words."
Zack Court
Motorcycleistonline.com

business model

Lightning’s business model aims to build a valuable brand, competitive product price and best customer experience to be a consumer choice motorcycle.

  • Introduce high performance product lines to build the brand
  • Start mass production for the Strike and Spark product lines to create volume and potentially drive profitability
  • Direct-to-consumer through Lightning Experience Center
  • Fast product Time-to-Market using Lightning’s modular platform

management team

Richard Hatfield
Founder and CEO
- Multiple Design Patents
- Innovated modular technology architecture for electric motorcycle
- Deep knowledge in battery technologies and pack design
- Successful previous business $200M portfolio
- Founded Lightning Motors in 2009
- Lifelong motorcycle rider / car racer with a passion for tech
- 1988 to 2009: Amateur car race driver
- Winner: Western Endurance Racing Championship 2006, 2007
- 1997: Recruited to e-Porsche team. This was where the fascination for EVs began

Jojo Hatfield (Wan Chang)
Co-Founder and COO
- 10+ years Supply Chain and Operation experience
- Software Entrepreneur and funded a SAS start-up company
- MS in Computer Science UCSB, MBA Purdue
- Joined Lightning Motors in 2011
Richard Keller
Head of Electrical Engineering
Prior to joining Lightning, Richard was president of A consultancy firm focusing on switching power supply design for more than 50 companies in silicon valley over a 20 year period. Previously Richard held technical engineering positions at Power Integrations, Wyze, ROLM, Modular Devices, Boschert, Ford Aerospace and Perkin Elmer. Richard has a Masters Degree in Electrical Engineering from the University of Santa Clara and a Bachelor’s degree from California Polytechnic University, Pomona.
Guido Seibt
Head of Software Engineering
Guido joined Lightning Motorcycle after building Apple’s consumer email process. He oversaw the development of several data centers, leading to the inception of self-healing platforms. Guido’s teams architected and implemented advanced monitoring systems, vastly improving uptime and reducing operational cost. Guido also integrated SAP material management and production modules for various companies. Guido holds a MS in Computer Science from Technical University Berlin, Germany.
Dave Swock
Head of Sales
Previously Remy International North American Sales Manager, Hybrid Business. 35 years Sales experience in multiple industries. Led Remy’s effort to develop automotive, specialty vehicle and motorcycle markets for advanced electric motors. Exceptional business developer with high level contacts in the advanced electrification market.

advisors

James Cullen
Advisor
Founder and CEO of JSI logistics. Grow JSI from start-up to international business, with 2800 employees worldwide. Investor of several high-tech companies. Veteran US Navy Vietnam holds a BA from University, San Francisco International business. My hobby has been and remains Vintage car racing.
ZZ Zimmerman
Advisor
Born and raised in the heart of Silicon Valley, Zz has been developing software full time since he was a teenager. Starting his career at Intel at 19 he learned engineering on the job and built a track record as a fix/build-the-whatever software engineer. Since then he has worked at many of the major companies including Apple, Microsoft and Netflix, with stops at many startups along the way (most notably Danger, Afero and Lightning Motors). He has developed code from the smallest embedded devices up to highly scalable servers in the cloud. Although his motto is “if you can’t fix it by typing, I’m not interested” he’s not afraid to pick up a soldering iron when needed.
Rob W. Thull
Advisor
Rob Thull is Managing Director and founder of Pacific Edge Capital, LLC. Pacific Edge Capital primarily invests in companies that lease heavy duty freight transportation equipment. Pacific Edge provides advisory services to private equity firms acquiring companies in the transportation equipment leasing industry. Rob is a Board Member and part owner of Star Leasing, Inc; an Ohio based trailer leasing company with a fleet of over 20,000 highway trailers. He is also an advisor to Lightning Motorcycles. Rob is also a Member of the United States Chamber of Commerce Foundation Board.

 In 1996 Rob founded Milestone Equipment Holdings. With his management team and the help of private equity partners, Milestone became second largest highway and intermodal trailer lessor in North America with over 80,000 leased assets and 100 employees in 30 branch locations.

 As Group Marketing Manager for Southern Pacific Railroad, Rob and his team developed and successfully implemented the Nation’s “pilot project” for railroad industry deregulation that involved transcontinental shipment of fresh fruits and vegetables. This experiment was authorized by the Interstate Commerce Commission and its success facilitated broader deregulation of the railroad industry.

 Rob earned his bachelor’s degree in business administration from Michigan State University.

Use of Proceeds


If the offering's maximum amount of $4,999,991 is raised:

UseValue% of Proceeds
Upscaling Production and Inventory$2,000,00040.0%
Compensation (Expand Team)$1,250,00025.0%
Toolings$1,000,00020.0%
Sales & Marketing$450,0009.0%
Professional Services$54,9921.1%
Intermediary fees$245,0004.9%

Terms

This is an offering of Common Stock, under registration exemption 4(a)(6), in Lightning Motors Corporation, doing business as Lightning Motorcycle. This offering must raise at least $10,000 by November 28, 2023 at 11:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. Lightning Motorcycle may issue additional securities to raise up to $4,999,991, the offering’s maximum.

If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:

7,593,643 shares
×
$10.56 per share
$80,188,870implied valuation

Financials

Lightning Motorcycle’s official name is Lightning Motors Corporation, so that’s the name that appears in the statements below.

These financial statements have been audited by an independent Certified Public Accountant.

CPA audit report

SEC Filings

The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.

We’re also required to share links to each of the SEC filings related to this offering with investors.

Understand the Risks

Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.

Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.

The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

More Info

Updates

  • Sep 29, 2023
    Filed Form C/A
  • Sep 27, 2023
    Hello Lightning community, Lightning...

    Hello Lightning community,

    Lightning Motorcycles was inducted into the International Green Industry Hall Of Fame in 2020. This year’s annual induction ceremony is on October 25 in Hayward CA and it is the first in-person ceremony since 2017. Richard will be the keynote speaker this year and we will display Lightning motorcycles at the event.

    Contact us at lightningmotorcycle.com/contact and let us know if you can attend this event. Or subscribe to get notified at https://lightningmotorcycle.com/free-subscription.

    See you there.

    Invest Today
  • Sep 26, 2023
    Filed Form C/A
  • Sep 21, 2023
    Hello Lightning community, Lightning will be...

    Hello Lightning community,

    Lightning will be presenting in Netcapital Demo Day today (9-21-2023) at 3pm EST. You are invited to attend. Here is the demo presentation URL: https://us06web.zoom.us/webinar/register/7516945417178/WN_HalwtFeETv-kUEeEfiT4DA.

    Be there to learn more about Lightning or ask questions. We look forward to seeing you there.

    Invest in Lightning Today!

    Invest Today
  • Sep 19, 2023
    Don't take our words for it. Read about the...

    Don’t take our words for it. Read about the independent journalist’s view of Lightning products.

    “The Lightning LS-218 is the fastest production electric motorcycle, but it offers much more than just speed. 10 Things We Like About The Lightning LS-218”.

    #1 Powerful Electric Motor

    #2 Battery Capacity And Range

    #3 Lightning-Fast Charging System

    #4 Performance A Speed

    #5 Sophisticated Suspension And Brakes

    #6 Sleek Aerodynamic Design

    #7 First Electric Bike To Break 200 MPH

    #8 Pikes Peak And Le Mans Race Victory

    #9 Advanced Features and Technology

    #10 Customization And Upgrade Options

    Read the full article at https://www.topspeed.com/things-we-like-about-the-lightning-ls-218/.

    Even if you missed the last big EV event, Don’t Miss this opportunity. Invest today!

    Invest Today
  • Sep 12, 2023
    Hello Lightning community, Thank you for your...

    Hello Lightning community,

    Thank you for your continued strong support. We appreciate it.

    The electric motorcycle market is growing fast. The capital we raise here will help us to make affordable products without compromising performance. With your investment, we truly can change the world by bringing the world-class Lightning motorcycle line of bikes to the masses!

    Having questions? Check out our FAQ page at lightningmotorcycle/faq. You are welcome to submit additional questions at lightningmotorcycle/contact.

    Invest Today!

    Lightning vs 2 other competitors
  • Sep 6, 2023
    Lightning's vision lies not only the promise of...

    Lightning’s vision lies not only the promise of a sustainable future but also our commitment to astoundingly high-performance, and technologically advanced electric motorcycles, redefining the very boundaries of what an electric motorcycle can achieve.

    As the electric motorcycle market grows and evolves, Lightning is ready to meet the challenges head-on and seize the market opportunities.

    Invest In Lightning Today!

    Invest Today
  • Aug 28, 2023
    What Sets Lightning Apart? Second, Lightning...

    What Sets Lightning Apart? Second, Lightning Keep Evolving the Technology.

    When Lightning was founded, we believed that electric motorcycles had to provide performance that equaled or exceeded what the best ICE motorcycles provided to convince riders to go electric. However, back then lithium batteries and electric drive systems were still in their infancy so Lightning had to develop the technology to meet the challenge of providing a better rider experience.

    Lightning’s innovative and passionate engineering team addressed these challenges by making our bikes lighter, more agile, more powerful, and developed software to optimize the rider experience. Innovation is a commitment, and it is an on-going and continuous effort in Lightning.

    As the world adapts to accept more electric vehicles, there’s no better time to invest in this booming industry. The time is now to invest in Electric Vehicles, like Lightning Motorcycles.

    Invest in Lightning Today

    Contact Lightning Team
  • Aug 22, 2023
    What sets Lightning apart? First Lightning has...

    What sets Lightning apart? First Lightning has a different strategy and goals.

    According to Richard Hatfield, CEO of Lightning, “Achieving high performance with best riding experience goal required dedicating a lot of time to develop technology to create that experience. If you look at range, for example, it was a challenge initially to build a bike that could deliver 100 miles at 70 miles an hour. Our top bikes now will go over 170 miles at 70 miles an hour and recharge to 80 percent in 10 minutes. We credit it to our legacy of setting world records and winning racing championships, and the fact that we do our engineering in-house which allows agile integration of the best new technology from our ecosystem of cutting-edge battery companies, aerodynamics and power electronics resources.”

     In-house know-how and Lightning modular technology platform are the foundation of Lightning product.

 That differentiates Lightning from our competitors! 

  Invest in Lightning Today.
    Invest Today
  • Aug 14, 2023
    Shaping the future of mobility isn't a simple...

    Shaping the future of mobility isn’t a simple task. It requires not only technological innovation but also a keen understanding and commitment towards environmental sustainability. Electric motorcycle is an integral part of this global effort.

    Lightning’s electric motorcycles are not only ecologically friendly, but also powerful and agile with the best riding experience. We are ready to expand our production to capture the market demand.

    Don’t miss to be part of the growing market opportunity. Invest in Lightning Today !

    Invest Today
  • Aug 8, 2023
    Hello Lightning Community, Imagine riding a...

    Hello Lightning Community,

    Imagine riding a futuristic electric motorcycle accelerating effortlessly on a city street, without noise, vibration or air pollution. Lightning electric motorcycles provide a thrilling riding experience, making our motorcycles the perfect choice for environmentally conscious commuters and adventure enthusiasts alike.

    But it doesn’t stop there. Lightning’s cutting-edge technology ensures a seamless integration of smart features, ultra-Fast charging capability (to 80% in 10mins), and user-friendly mobile app. From monitoring battery life to managing charging speed, Lightning’s electric motorcycles offer convenience and the best riding experience.

    The market potential for electric vehicles is rapidly expanding, with analysts predicting significant growth in the coming years. By investing in Lightning, you’ll not only be at the forefront of this revolution but also position yourself as an industry leader in sustainable transportation.

    Invest Today!

    Invest Today
  • Aug 2, 2023
    Hello Lightning Community, When Lightning was...

    Hello Lightning Community, When Lightning was founded, we believed that electric motorcycles had to provide performance that equaled or exceeded what the best ICE motorcycles provided to convince riders to go electric. However, back then lithium batteries and electric drive systems were still in their infancy so Lightning had to develop the technology to meet the challenge of providing a better rider experience.

    Innovation is a commitment, and it is an on-going and continuous effort in Lightning. That differentiates Lightning from our competitors.

    Invest Today!

    Contact Lightning Team
  • Jul 27, 2023
    Hello Lightning community, Thank you for your...

    Hello Lightning community,

    Thank you for your continued strong support. We appreciate it.

    The electric motorcycle market is growing fast. With your investment, we truly can change the world by bringing the world-class Lightning motorcycle line of bikes to the masses!

    Having questions? Check out our FAQ page at lightningmotorcycle/faq. You are welcome to submit additional questions at lightningmotorcycle/contact.

    Invest Today!

    Ask Questions
  • Jul 24, 2023
    Greeting Lightning Community, We believe that...

    Greeting Lightning Community,

    We believe that motorcycles in the future need to be: ● More energy efficient: People want more miles for every dollar they spend. ● Sustainable - Machines in the future need to help protect our future. ● Environmentally responsible - The gas guzzling of the past needs to stay right there ● Exciting - While we’re still waiting for our flying cars, our vehicles need to be exhilarating.

    Lightning Motorcycle checks all of those boxes and more! If you haven’t invested yet, don’t miss your chance to create changes in the world of motorcycles with Lightning.

    All the best,

    Lightning Team

  • Jul 18, 2023
    In the recent motorcycle article by Auto...

    In the recent motorcycle article by Auto Influence, it described Lightning strategy is different from others, “Lightning took a different path and focused on demonstrating the performance of its machines, with the LS-218 taking first place in the 2013 Pikes Peak hill climb against gasoline motorcycles before becoming available for purchase in 2014.” Lightning has built in-house capabilities and vertically integrated modular system as the platforms to build our products. In the long run, we believe that is a better strategy over sourcing based strategy.

    Here is why you should invest in Lightning:

    1. Significant progress made: making 2 product lines in the USA and 3 new products in pipeline.
    2. Large and growing market : There are 8M motorcycles registered in USA and about 600M in the world.
    3. Highly experienced leadership – leaders and advisors with combined 100+ years of experience in building and growing technology companies

    Join Lightning today !!

    Invest Today
  • Jul 11, 2023
    Lightning’s team devoted years on research and...

    Lightning’s team devoted years on research and development, followed by rigorous testing in competition and in the hands of early consumers. Today, Lighting is leading in the electric motorcycle technologies. This has been driven by the strong leadership and their vision for the future EV.

    Contact us if you would like to meet with Lightning management team.

    Contact Lightning Team
  • Jul 2, 2023
    In recent webinar “Meet with Lightning CEO”,...

    In recent webinar “Meet with Lightning CEO”, Lightning provided an overview on the Lightning-fast charging technology and advantages. Through the actual public demonstration, we demonstrated the next generation of Lightning’s technology and how much faster Lightning’s can charge.

    Watch now
  • Jun 30, 2023
    Filed Form C/A
  • May 26, 2023
    Filed Form C/A
  • Apr 28, 2023
    Filed Form C/A
  • Apr 21, 2023
    Lightning’s innovative EV technologies solve 4...

    Lightning’s innovative EV technologies solve 4 key challenges: Fast Charging, Long Range, Light Weight and Great Handling. Lightning’s technologies are designed to be capable of scaling quickly to meet diverse segments of motorcycle categories from Superbikes, Adventure Bikes, to 250cc equivalents. Using Lightning’s modular technology platform, we can bring new electric motorcycle products to market faster and with lower development cost.

    There are over 600,000,000 motorcycles in the world today. Most of them will be electric in the future. The market size is huge, and the early market leaders will have an important headstart.

    Invest Today!

    Invest Today!
  • Mar 16, 2023
    Primary offering of 473,484 shares at $10.56
  • Mar 16, 2023
    Filed Form C

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