We review 15+ internet startups per working day. Vote for the one you think will be a killer.
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In their own words
“Local Motors will design, manufacture, and bring to market innovative, safer, more functional, lightweight, efficient cars through a revolutionary, local assembly and retail experience. These cars will revolutionize not only automobiles, but also the very structure of auto-making, auto-selling, and auto-servicing.”
Why it might be a killer
The US auto industry has repeatedly failed to modernize itself and many must question whether the Big 3 will ever be able to get their act together. Essentially, Local Motors appears to have done an intensive study, noted best practices throughout the world, and come up with a structure that may well put America back on the map. This forward thinking company seems to have come up with the ideal 2.0 solution to qualm the woes of the US auto industry.
Some questions
Will they really be able to compete in an ultra-competitive industry, especially considering the $50,000 price tag? They appear to have thought of everything but there are so many unknowns and is there really room out there for another auto maker?
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