- Startups - John "Jay" Rogers of Local Motors

TL;DR

Local Motors, a company that crowdsources car designs, is disrupting the automotive industry by allowing customers to build their own vehicles and collaborate with designers and engineers to create unique and game-changing cars.

Transcript

today on this week in startups Jay Rogers the president CEO and co-founder of Local Motors is in the studio and outside we have the rally fighter the first crowd-sourced automobile it is awesome David Doral is on the phone line for another ass Jason and finally finally Tyler is here in studio he's back from his tour of Asia and he is going to pick ... Read More

Key Insights

• 😨 Local Motors is disrupting the automotive industry by allowing customers to build their own cars and collaborate with designers and engineers.
• 🚙 The company has successfully crowdsourced car designs and produced unique and game-changing vehicles, such as the Rally Fighter.
• 🚙 Local Motors has expanded its collaborations to other industries, such as footwear with Reebok and military vehicles with the US government.
• 👻 Crowdsourcing allows for innovation, customization, and community engagement in the design process.

Questions & Answers

Q: How does Local Motors select the winning designs in their crowdsourcing competitions?

The winning designs are selected based on a combination of community votes and expert judgment. The designs that receive the most votes and have the most potential for manufacturing and market success are generally chosen as winners.

Q: What is the process for building a car with Local Motors?

Customers can purchase a kit to build their own car or visit one of the micro-factories where they can participate in a two-weekend build process. The process involves assembling the car with guidance and support from the Local Motors team.

Q: How does Local Motors ensure safety and compliance with regulations for their custom-built cars?

Local Motors follows all necessary safety regulations and works closely with government agencies to ensure compliance. The company also offers guidance and support to customers during the build process to ensure safety standards are met.

Q: What are some of the benefits of crowdsourcing car designs?

Crowdsourcing allows for a wide range of unique and innovative designs that may not have been possible through traditional methods. It also engages the community and fosters a sense of ownership and pride among customers who have contributed to the design process.

Summary & Key Takeaways

• Local Motors is a company that enables customers to build their own cars through the crowdsourcing of car designs and collaboration with designers and engineers.

• The company has created the Rally Fighter, the first crowd-sourced automobile, which is designed for off-road adventures and is customizable.

• Local Motors has expanded beyond cars and has collaborated with other companies, such as Reebok and the US military, to design and develop products in various industries.