Battle Approved Motors (BAM) is building premium all-electric utility terrain vehicles (UTVs) designed for serious off-road enthusiasts.
Instead of buying a standard UTV and spending thousands of dollars on aftermarket upgrades, customers get a high-performance vehicle that's built for racing and recreation straight from the factory. The company is also planning an electric off-road racing series and a private testing facility to help build its brand and community.
BAM has raised about $1.3 million, completed its proprietary chassis and electric platform, and is building its first R101 prototype.
The company has secured approximately $18.5 million in Phase 1 orders and owns more than 200 acres for its future testing and performance center. It's targeting the rapidly growing global UTV market, which is expected to reach more than $16 billion by 2030.