Olympian Motors

Olympian Motors, headquartered in New York, NY, with additional operations in Los Angeles, CA, operates within the industrials sector, specifically in the automotive sub-industry. The company, which is part of the Y-Combinator W22 batch, employs a team of 10 and serves regions across the United States and Canada. Olympian Motors is pioneering in the electric vehicle (EV) market with its modular vehicle and drivetrain system (MVDS), which features a ‘Lego-like’ architecture consisting of four core hardware and two software modules. This system has enabled the company to achieve an 80% reduction in tooling and machinery costs and approximately 60% faster production lead times compared to traditional methods. The company has received 214 pre-orders for its Olympian Model O1, generating over $17 million in pre-booked revenue. Manufacturing is conducted in facilities located in Brooklyn and Detroit, with a combined capacity to produce 320 vehicles in 2023. A commercial launch of their vehicles is scheduled for the third quarter of 2023. Olympian Motors’ early prototypes have demonstrated superior battery efficiency in urban settings, outperforming competitors like Tesla Model 3 and Rivian. The company is committed to sustainability, utilizing over 4% carbon-sequestered and recyclable materials in their vehicles. The design philosophy of Olympian Motors emphasizes aesthetics, nature, and minimalism, incorporating materials such as steel and wood instead of plastic and toxic chemicals. The vehicles feature a minimalistic cockpit powered by the Olympian Operating System (OOS). The company is currently awaiting traffic approval from the National Highway Traffic Safety Administration (NHTSA).