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Battle Approved Motors Hopes for Record Round of Funding: Charged Up and Ready to Go
Previously Published to Benzinga A few months ago, Battle Approved Motors (BAM) quickly raised $1.07 million via its first StartEngine Reg. CF offering, pushing its vehicles through the initial stages of production with over 1,300 investors. Now, they are gearing up to not only enter Round 2, but are sharing some extra-enticing news for those who become Legacy Members (fondly called Legacy Family). What Is BAM, and Why Are People Getting Involved? Battle Approved Motors believes that it isn’t just a luxury racing brand of electric utility terrain vehicles (UTVs). It’s a lifestyle brand — fast, sexy, and not afraid to get dirty. BAM’s ultra-sleek lineup of UTVs — all-electric, off-road vehicles…
- Electric Vehicles, Benzinga, Business, CleanTech, Climate Change, Finance, GreenTech, Startups, Travel
What is a UTV, and Why Might Investing in BAM be a Good Idea?
Previously Published to Benzinga. Most people know what an all-terrain vehicle (ATV) is, but not everyone has heard of a utility task vehicle (UTV). Some may even assume they are the same thing. While most ATVs are banned from U.S. public roadways, 32 states welcome UTVs on their roads. Some of those states that do not approve of UTVs on the roadways do make exceptions for law enforcement professionals, disabled individuals and emergency travel, as designated by the Director of Public Safety in those states. An all-terrain vehicle is a “quad,” or a four-wheeler, meant for a single rider. In general, they’re faster and cheaper than a UTV. Avid riders…
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