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2050 Motors Inc. (ETFM)

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2050 Motors Inc. (Stock

Symbol ETFM)

This is the damage on the e-Go after a 35MPH crash test:

About 2050 Motors, Inc.

2050 Motors, Inc. ( and, is a publicly traded company

incorporated in Nevada in 2012. 2050 Motors was founded to develop and produce the next generation of clean,

lightweight, efficient vehicles and its associated technologies. Some of these technologies include alternative renewable

fuels, hybrid electric vehicles, advanced graphene lithium batteries and carbon fiber low cost vehicles. 2050 Motors has

been successful in forming long term relationships and exclusive contracts for a variety of game changing technologies.

2050 Motors entered into an agreement with Jiangsu Aoxin New Energy Automobile Co., Ltd., located in Jiangsu,

China, for the distribution in the United States of a new electric automobile, known as the e-Go EV (electric vehicle).

The e-Go EV is a revolutionary new concept in the ever evolving world of electric vehicles. It will be the only production

line electric car with a carbon fiber body and parts manufactured by a new process using robotic machines which

significantly reduces the fabrication time and cost of carbon fiber components. The e-Go EV will seat four passengers,

have a long battery life, and high energy efficiency rating up to 150+ MPG-E energy equivalent in urban driving due to

the light weight of the vehicle. The five passenger carbon fiber luxury sedan Ibis EV, the e-Go's big brother, will also be

showcased along with the e-Go EV for future sales in the United States. See videos of completion of the e-Go EV

manufacturing plant at and the unveiling of the e-Go EV at the

2014 Shanghai Auto Show . The company is fully reporting under

the SEC EDGAR system.

Business Description

2050 Motors, Inc., is a development stage public company formed to import, market, and sell electric cars

manufactured in China. 2050 Motors has entered into an agreement with Jiangsu Aoxin New Energy

Automobile Co., Ltd., located in Jiangsu, China, for the distribution in the United States of a new electric

automobile, known as the e-Go EV.


Most recent filing:


FORM 10-Q (Quarterly Report)

Filed 11/16/15 for the Period Ending 09/30/15  :



Telephone 702-591-6029

CIK 0000867028

Symbol "ETFM"

Recent Updates:

2050 Motors, Inc. Announces All Carbon Fiber Electric E-Go Passes Frontal Crash Test With Impressive


2050 Motors, Inc. carbon fiber electric e-Go passes front crash test with impressive results and discusses

plans for United States assembly facility.


LAS VEGAS, Feb. 12, 2016 (GLOBE NEWSWIRE) -- via PRWEB - Michael Hu, President of 2050 Motors, Inc.

(ETFM), announced today that the first all carbon fiber electric vehicle (the e-Go EV) has commenced crash

testing in China and has successfully passed the frontal crash test with amazing results.


The crash tests are being conducted according to European, Japanese and Chinese crash test standards. A

GIF file of the actual moving sequence of an e-Go car in a frontal crash test at 35 miles per hour in slow

motion reveals that the vehicle substantially returned to its original shape after the test. A photograph of the

front of the vehicle shows minimal damage after the test. The amazing sequence can be viewed at A more complete report on the crash tests will be announced in a

separate press release.

Mr. Hu commented on the results, "This means that the carbon fiber body absorbed the full force of the collision and

returned to its original shape. I believe that no other automobile for the consumer market has ever displayed such a

frontal crash resilience and shock absorbance of energy."


Mr. Hu further stated, "In 2015, the e-Go was re-engineered through extensive state-of-the-art computer crash test

analysis. Then, 22 demo e-Go vehicles were delivered to the Chinese government for months of testing to obtain the

production and export permits for the Yancheng automobile plant."


Later this year, 2050 Motors will proceed with the US DOT (Department of Transportation) crash test program for the

e-Go before it can be sold in the United States.


2050 Motors will initially sell and distribute the e-Go built from the Yancheng plant in China and then later start

assembly of the e-Go in Las Vegas, Nevada. The construction plans for the 2050 Motors assembly facility in the United

States have been progressing for many months and will create numerous high paying jobs. Please see the press

release dated January 20, 2016 titled "2050 Motors, Inc. Announces Launch of New Corporate Website Including Job

Creation Plans" for further info.



In 2012 and 2013, the Company made a total payment of $50,000 and signed an exclusive license agreement

with Aoxin to import, assemble and manufacture the
advanced carbon fiber electric vehicle, the e-Go EV

  model. The cost of this license agreement has been recognized as a long-term asset and is evaluated, by


management, for impairment losses at each reporting period.




In November 2013, the Company signed a new facility lease. The monthly lease amount is $2,400. The lease term

commenced on December 15, 2013 and will
expire on December 31, 2015.

Effective September 16, 2015, the Company renewed its residential lease agreement in California for its traveling

consultants. Effective September 2015, the
Company extended the lease agreement for one more year with a new

monthly amount of $2,300. The lease expires on September 15, 2016.


Effective March 1, 2014, the Company signed a four thousand square feet of industrial space in North Las Vegas. The

term of the lease is for three years and cost
$2,200 per month.

Rent expense was $21,807 and $66,920 for the three and nine months ended September 30, 2015. Rent expense was

$19,500 and $51,900 for the three and nine
months ended September 30, 2014.

According to the license agreement signed between the Company and Aoxin, in order to maintain exclusive rights for

the United States (US), the Company is
required to purchase and sell certain amount of e-Go EV model vehicles per

year for a certain period of time starting from the completion of the requirements
established by the United States

Department of Transportation’s protocols for the e-Go EV model.

The table below demonstrates the required amount of vehicles
that the company needs to sell per year.

First year          2,000

Second year     6,000

Third year       12,000

Fourth year     24,000

Fifth year        48,000

5 Year Total    92,000


As part of the license agreement, the Company is committed to pay expenses related to any required

airbag testing procedures. The cost of these airbags could be
as little as $500,000 or as much as $2


2050 Motors has purchased three prototype test models for delivery into the United States. One will

undergo an advanced crash test known in the Automobile Safety Industry as the “overlap crash test”

designed by the Insurance Institute for Highway Safety. The other two will be used for marketing and

sales purposes. Actual production line models are not expected to be deliverable until year 2016.

2050 Motors, Inc. announces the arrival of the first e-Go EV car.

The Ibis electric luxury sedan will arrive soon afterward and both

vehicles will be showcased in Las Vegas with impressive


The "IBIS"

Contender to Tesla's Model S
Why buy the E-Go EV?
  • Most Efficient Production Car Ever Built

    Range of 200 Miles or More

    30 Minutes for Half Full Battery Charge, 4 to 8 Hours for Full Battery Charge Depending on System

    150 Miles per Gallon Energy Equivalent

    Only Carbon Composite Fiber Production Vehicle Ever Built at Affordable Prices

    Carbon Fiber Body is Five Times Stronger than and One Third the Weight of Steel

    1400 lbs. Total Weight is Less Than Half of Comparable Vehicles

    Seating for Five Passengers

    High Energy Lithium Battery Pack  with Over Three Times the Life of Any Other in its Class

    Most Affordable Car to Operate: No Tune Ups, Smog Checks or Oil Changes

    Race Car Suspension Handling and Regenerative Brakes

    Complimentary Roadside Service

    Advanced Navigation System

    "A Renew Earth Vehicle"

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
ETFM News: Current Report Filing (8-k) 02/21/2018 06:08:57 AM
ETFM News: Information Statement - All Other (definitive) (def 14c) 02/05/2018 05:19:03 PM
ETFM News: Current Report Filing (8-k) 01/30/2018 06:08:07 AM
ETFM News: Proxy Statement - Other Information (preliminary) (pre 14c) 01/18/2018 06:07:38 AM
ETFM News: Quarterly Report (10-q) 11/17/2017 01:26:22 PM
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#916  Sticky Note TY.. New ceo announced few days ago. Werbe 02/02/18 11:49:02 AM
#1073   It got hit. wellsg27 03/19/18 04:56:47 PM
#1072   Interesting t trade ! wedman 03/19/18 04:56:16 PM
#1071   Yeah, good indication that big low bid won't Almost A Myth 03/19/18 01:31:14 PM
#1070   Ok last observation for the day because I wedman 03/19/18 01:28:17 PM
#1069   Yep ! I get their game! wedman 03/19/18 01:17:00 PM
#1068   Looks like ARCA downticked their 500k offer also Almost A Myth 03/19/18 01:10:51 PM
#1067   Humm the bid support just got bigger . wedman 03/19/18 01:07:47 PM
#1066   Last time I was watching closely was when Almost A Myth 03/17/18 02:05:37 PM
#1065   I did watch the 005s get taken out. wedman 03/17/18 02:00:22 PM
#1064   Seems like the dilution is slowing us down Almost A Myth 03/17/18 01:56:01 PM
#1063   On watch OrangeShovel 03/15/18 01:18:32 PM
#1062   I have been watching this all morning. wedman 03/15/18 11:39:04 AM
#1061   ETFM - wedman 03/15/18 10:48:07 AM
#1060   Stock is up today -- someone may have NYSal 03/13/18 02:05:47 PM
#1059   another one firad 03/08/18 10:56:30 AM
#1058   That is the best video ever -- Asked NYSal 03/07/18 12:14:35 PM
#1057   You nailed it straight on the head. Huggy Bear 03/01/18 05:05:55 PM
#1056   Good read about Graphene This will be a Orangeman3 03/01/18 03:03:09 PM
#1055 firad 03/01/18 10:42:39 AM
#1054   Those pictures are very old and have never NYSal 03/01/18 10:42:25 AM
#1053   I do not see him listed as having Orangeman3 03/01/18 09:51:43 AM
#1052   what new management firad 03/01/18 07:36:30 AM
#1051   None of these involve new management announced DD_dempsey 03/01/18 05:56:19 AM
#1050   what about JBird Scam firad 03/01/18 05:47:29 AM
#1049  Restored Joe LaStella is a longtime pennystock scammer. He's firad 03/01/18 05:14:40 AM
#1048   I could have read this past post DD_dempsey 03/01/18 05:10:32 AM
#1047   Joe LaStella is a longtime pennystock scammer. He's firad 03/01/18 05:03:05 AM
#1046   Grabbed more $ETFM - range is .005-.009 pps DD_dempsey 03/01/18 03:31:32 AM
#1045   You say pictures of cars that don't exist? Orangeman3 03/01/18 12:36:54 AM
#1044   SCAM alert? NYSal 02/28/18 09:38:13 PM
#1043   That is amazing !! wedman 02/28/18 11:32:03 AM
#1042   Carbon fiber is resilient also. The pic Almost A Myth 02/28/18 11:31:21 AM
#1041   Carbon fiber is amazing and lightweight! I wedman 02/28/18 11:18:53 AM
#1040   I like the carbon fiber body. Five Almost A Myth 02/27/18 11:03:41 PM
#1039   E-Go isn't bad either: Almost A Myth 02/27/18 10:57:58 PM
#1038   Looks like a pretty respectable car: Almost A Myth 02/27/18 10:53:30 PM
#1037   Agreed loading zone .005-.009 pps $ELFM DD_dempsey 02/27/18 10:49:53 PM
#1036   I added yesterday as well. Would have Almost A Myth 02/27/18 07:23:04 PM
#1035   Adding Down here at perceived bottom DD_dempsey 02/27/18 08:57:28 AM
#1034   this company is a scam firad 02/25/18 05:44:17 AM
#1033   Welcome DD This is a great company to Orangeman3 02/23/18 02:28:47 PM
#1032   seems wise Dahmer 02/23/18 12:07:10 PM
#1031   .0125 was close enough TrendTrade2016 02/23/18 06:04:56 AM
#1030   yes me too, adding on the dips. 0.005 goforthebet 02/23/18 02:54:15 AM
#1029   This company is a serial scam. Huggy Bear 02/22/18 06:03:05 PM
#1028   Gonna keep adding on the dilutive drops .005-.007 DD_dempsey 02/22/18 04:51:58 PM
#1027   I agree goforthebet 02/22/18 04:01:11 PM
#1026   Looks like dilution tardigrade8 02/22/18 03:58:01 PM
#1025   Very interesting ... appreciate the welcome! $ETFM Papa Bear 02/22/18 02:40:06 PM
#1024   On watch OrangeShovel 02/22/18 02:30:12 PM