Hercules Electric Vehicles and Pininfarina SpA sign long-term agreement for automotive and marine design
Hercules Electric Vehicles and Prieto Battery, Inc. Establish Strategic Partnership for Battery Technology in 2025 Hercules Trucks | Business Wire DETROIT & FORT COLLINS, Colo.–(BUSINESS WIRE)–Hercules Electric Vehicles and Prieto Battery, Inc. today announced they have signed a Letter of Intent to form a strategic partnership for the development and commercialization of Prieto’s 3D Lithium-ion…
CAR AND DRIVER – Pininfarina to Design Startup’s 1000-HP Hercules Alpha Electric Pickup Detroit EV startup Hercules has signed a long-term agreement with the Italian design powerhouse, and the early sketch looks very promising. The Detroit-based EV startup Hercules has signed Pininfarina to design its upcoming battery-electric pickup. Hercules Electric Vehicles says the Alpha pickup…
Hercules Electric Mobility will be bringing rugged performance luxury eco-utility trucks to market in a new way. Founder and CEO, James Breyer, reveals how the upstart company plans to customize electric trucks and more.
He has been working in the automotive industry for decades. He was instrumental in launching fuel-cell, hybrid, and electric vehicles while at Ford Research Center. At General Motors, he led the Chevrolet Volt powertrain and global EV powertrain development. In March, Hercules Electric Vehicles launched a $20 million Series A investment round managed by CMD Global Partners.....[more]
Hercules EV opens $20M Series A round; targeting electric pickup in late 2022; Prieto solid-state batteries.
Hercules Electric Vehicles—a Detroit-based startup—is opening a $20-million Series A investment round managed by CMD Global Partners, a boutique investment bank. Hercules is developing an all-electric sport pickup truck, the Hercules Alpha, which will be available in late 2022. Hercules expects to demonstrate its first drivable architectural mule in April 2021.
James Breyer founded Hercules Electric Vehicles in 2018 with a vision to bring luxury eco-utility products to market, beginning with an electric pickup truck and followed by other electric mobility products. Hercules vehicles will offer integrated solar charging, long-range batteries and optional fuel-cell range-extender options. [READ MORE HERE]
Hercules Electric Vehicles announced recently that it is opening a $20 million Series A investment round - managed by CMD Global Partners, a boutique investment bank - to support product development and add team members.
The company, founded in December 2018 in Detroit, says that is working on a "rugged luxury" electric pickup called Hercules Alpha scheduled for market launch in late 2022, but we have been very cautious about Hercules ever since we first heard about the project about a year ago.
In November, Bloomberg reported that the company might partner with Nissan (probably use the Nissan Titan not only in the visualizations but also as a vehicle base).
Things may become more clear this month, as according to the press release, in April Hercules will demonstrate its first drivable architectural mule:
"Hercules is developing an all-electric sport pickup truck, the Hercules Alpha, which will be available in late 2022. Hercules expects to demonstrate its first drivable architectural mule in April 2021."