BisonEV converts fossil fuel vehicles to electric at a fraction of the cost of new EVs

Reasons to Invest

much lower cost, clean solution

BisonEV's ICE (Internal Combustion Engine) retrofitting technology is proven and turns fossil fuel vehicles into 100% exhaust-emissions free

The Electric Vehicle Retrofit market is significant and ripe for investment

  • converting to electric is SIGNIFICANTLY LESS EXPENSIVE than purchasing a new electric vehicle

  • HUGE DEMAND from fleets of school buses, last mile delivery vans and rideshare vehicles

Experienced management team including Tesla and other automobile manufacturers - combined 80 years of EV experience

$35,810

Total raised

27

Investors

$213.45 Million

Valuation

$1.00

Price per share

$250.00

Min. investment

Series CF Non-Voting Common Stock

Shares Offered

Equity

Offering type

$5 Million

Offering max

Reg CF

Offering

BisonEV

Market Opportunity

massive, ripe

Bison's Go-To-Market opportunity is huge and in advanced discussions with corporate owners of large fleets of school buses, delivery vans/trucks, and rental cars.

Our strategy focuses on vehicles with short routes, lengthy idle periods, and centrally located to charging stations making an affordable electric solution ideal.

School Buses

up to $20 billion Market Opportunity

School buses are significant polluters and diesel exhaust causes serious health issues for student riders

up to 480,000 school buses are expected to go electric by 2030

Problem: Schools can't afford new electric buses ($275,000 to $375,000 each)

Solution: BisonEV converts diesel school buses to electric for 1/4 the cost ($50,000 to $100,000 each)

Last Mile Delivery Vans

market primed for electrification

EVs in commercial fleets may grow to up to 8 million by 2030, according to research by McKinsey & Company.


Problem: Replacing existing fleets with all new electric vehicles is expensive and difficult due to availability 

Solution: BisonEV retrofitted vans and truck represent an affordable alternative to new EVs and operate at a cost up to 75% less than gasoline powered vehicles

RideSharing Vehicles

Uber/Lyft - going 100% emissions free

Uber and Lyft have both committed to transition towards 100% emissions free by 2030


Problem: Less than 1% of the rideshare vehicles in the US are currently electric due to availability and cost

Solution: BisonEV converts used higher-end “black cars/SUVs” with significant mileage into electric

The combination of the vehicle’s depreciated price, significantly lower energy/operating costs and “emission free” incentives provided by ridesharing companies* makes electric conversions affordable for drivers


BisonEV is in current negotiations with DriveItAway, a major provider of rent-to-own options for rideshare drivers in the US**


* There is no guarantee that the existing “electric incentives” offered to drivers by ridesharing companies will continue

** There is no guarantee of any partnership between BisonEV and DriveItAway


BisonEV

A Look At The EV Market

it's not the future, it's NOW

500,000

EV Chargers To Be Installed By 2030

2%

Currently only 2% of vehicles in US market are electric

$170 Billion

Upcoming US EV investment

UBER

100%

Uber and Lyft have committed to be 100% emission free by 2030

2050

The US is targeted to be net zero CO2 emissions by 2050

83%

The price of EV Lithium-Ion battery packs have fallen by 83% since 2010

BisonEV

Rapidly Growing Opportunity

be a part of the engine that powers the movement

Technology


Fast charging and cost-effective batteries

Policy


Government mandates lower CO2 emissions

Economics


EVs have lower operating and maintenance costs

Organizations


Fleet operators are accelerating their transition to EV vehicles to meet new mandates

BisonEV

Who We Are

Experienced, EV Experts

Hank Venter – CEO

Erasmus Johannes (Hank) Venter is a highly successful international businessman and a natural leader who has over 50 years of experience in Agri-business, mining minerals & metals and international minerals trading Industry.

  • 37 years worldwide mining experience
  • Previous CEO of 25 companies in South Africa
  • 22 years in the U.S., where he managed a public company and was a member of the board of directors for two other public companies

Ian Thomson – Co-CTO

Ian Thomson has over 35 years of global product development in the automotive industry. Projects include Opel Speedster, Aston Martin Vanquish, Tesla Roadster, Karma Revero GT, Alfa Romeo Giulia and Stelvio. Expert in BEV and FCEV vehicle development.

  • Highly accomplished design and engineering management professional with 35 years of experience.
  • CTO of Duesenberg Inc., H2X Australia, and owner of H2Engineering LLC; previous experience as Program Manager and lead on Tesla Speedster program; various roles with Maserati, Lotus and others.

Greg Coles – Director of Operations

Greg Coles is the founder of SELOC LLC, dedicated to successfully retrofitting several models of vehicles.

By designing and manufacturing electric recovery vehicles (E-tow trucks), SELOC aims to make towing and recovery more cost effective, reliable, and safer.

In 2021, SELOC teamed with Bison EV. The powerful backing of Bison EV will materialize both company’s vision of roads in the United States and abroad being traversed with E-towing vehicles, E-buses, last mile delivery E-vans and a multitude of service E-vehicles.

Fernando Mera – COO

Fernando has over forty years of proven performance in developing, engineering, managing, financing, implementing, and operating international projects.

  • Industry expert in various Operations functions, responsible for overseeing large scale operations and labor forces
  • Various senior roles on several continents; significant experience in battery car retrofits in Latin America and China

Steve Petusky – Technology and Marketing Executive

Steve has over 25 years of company development, leadership, and project implementation.

  • Has been involved with the start-up and profitable exit of six companies.
  • With his extensive experience in business development, sales, product development, team leadership, international business and importing, Steve has acquired countless skills.

Dr. Gerard Human – Co-CTO

Industry expert in hydrogen production and storage with comprehensive knowledge of hydrogen trends, technologies and key industry players.

Extensive experience in:

  • PEM electrolyser cell development
  • PEM electrolyser testing
  • Application of renewable energy technologies and integration with electrolysis
  • Green hydrogen supply chain activities

Further expertise in the design and modelling of renewable energy systems including hydrogen components and dispensing units.

BisonEV

Network of Strategic Partnerships and Alliances

With early negotiations, BisonEV intends to employ best-in-class technology with its established partners and allies.

*Partnerships are in negotiations and are not guaranteed.

BisonEV

The BisonEV Timeline

2010

Timeline 0 Heading

Technology developed in South Africa with BisonEV CEO
2020

Timeline 1 Heading

Existing management worked with UK taxi and bus retrofitting contracts to gain more experience
2021

Timeline Heading 3

Developed commercialization plan with larger scale U.S. roll-out
2021

Timeline Heading 4

Prototypes developed and built in North Carolina
2022

Timeline Heading 5

Projected U.S. roll-out of 6,440 electric vehicles in Year 1. (Based on internal estimates)

BisonEV

Our Growth Prospects

Retrofit Facility

Bison EV has identified a 66-acre site in North Carolina with 630,000 square feet, with the capacity to retrofit more than 100,000/year

Ideal Location

Retrofit facility offers proximal access to major populations in the eastern US as well as potential for government grants and incentives

Quick Revenue

Bison EV has a goal to generate revenue from its retrofit facility within 6 months post funding

Capital Requirements

Long term capital requirements of over $120 million based on identified potential contracts, strategic acquisitions and joint ventures

BisonEV

OFFERING SUMMARY_____________________________________________________________________________

COMPANY:

BisonEV Retrofits Inc

CORPORATE ADDRESS:

1 Water Street, Old Ford, NC 28762

OFFERING MINIMUM:

$25,000

OFFERING MAXIMUM:

$5,000,000

MINIMUM INVESTMENT AMOUNT (PER INVESTOR):

$250

TERMS_____________________________________________________________________________

OFFERING TYPE:

Equity

SECURITY NAME:

Series CF Non-Voting Common Stock

MINIMUM NUMBER OF SHARES OFFERED:

25,000

MAXIMUM NUMBER OF SHARES OFFERED:

5,000,000

PRICE PER SHARE:

$1.00

PRE-MONEY VALUATION:

$213,450,000

* Maximum Number of Shares Offered may be subject to adjustment for bonus shares, if applicable.

Use of Proceeds May Change Materially

Any information provided regarding the use of proceeds is an estimated forecast only. The Company might incur uses of proceeds that differ materially from any use of proceeds information provided to prospective investors, including salary or other compensation to current owners, founders, senior management, or their friends or relatives.


OFFERING DETAILS (LINK)

FORM C FILING (LINK)


RISKS

These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration. A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature.

IMPORTANT MESSAGE

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All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. Castle Placement, LLC does not provide any investment advice or recommendations, and does not provide any legal or tax advice with respect to any securities. Castle Placement, LLC does not verify the adequacy, accuracy or completeness of any information.

Neither Castle Placement, LLC nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures contained herein.

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2 Comments
  1. Ron bara 3 months ago

    North Carolina? Consider Plainfield,Illinois,close to O’Hare,hourly flights from china,,75 regional airports for regional logistics, 100’s of automotive warehouses,at center of America at 80 and 90 interesting section,near Illinois river get barges from china,containers,should be able to develop mobile unit that will allow you to do onsite ev retrofits. Should consider this.north Carolina is for retired military types to drive their gmc

  2. Daniel bartmanovich 1 month ago

    How much is the minimum investment needed to start?

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Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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