The Arc Vector two-wheeler will be built in a converted hangar close to the Aston Martin Lagonda factory and will be the result of an investment initiative on crowdfunding platform Crowdcube.
The crowdfunding campaign goes live to the public on 6 May and will enable manufacturer Arc to finalise development of the game-changing Vector motorcycle as well as scaling the business through a state-of-the-art manufacturing facility. Car maker JLR’s investment arm Inmotion has put money into the project to kickstart work after the Vector was unveiled at the Milan motorcycle show last November.
Ex-JLR advanced technology engineer now CEO of Arc, Mark Truman, said in a statement, “Since launching the Arc Vector just 16 weeks ago we have been overwhelmed with how positively it has been received by global media, prospects and investors alike.
“To date we have received over 100 expressions of interest from prospects and we’re now opening up ownership of our transformative business in a similar way to the community ownership model made famous by the likes of Barcelona Football Club.
“So, whether you’re a motorbike aficionado, a seasoned investor, tech enthusiast or just someone who is passionate about the environment, this is a unique opportunity to join the Arc family and help accelerate our journey towards being an established global leader in the field of electric, recreational and luxury mobility.”
Arc St Athan will become operational in 2020 and will become the centre of excellence for the company’s manufacturing. The 65,000 square feet of premises will be reflective of the brand’s proposition; best in class, innovative and thoroughly British at heart. Welsh Government has held positive discussions with the company over the acquisition of a site at St Athan and talks are continuing.
Arc goes beyond just the machine and the company has created a revolutionary rider information system – a Human Machine Interface.
Utilising fighter pilot projection- based Heads-Up Display the company has developed the Arc Zenith Helmet.