Lit Motors is an innovative electric vehicle company from San Francisco, USA that was founded in 2010 by Daniel Kim, a visionary entrepreneur who previously built custom SUVs.
In 2008, Kim first sketched out the concept for the C1, a revolutionary self-balancing electric scooter-car that combines the efficiency and freedom of a motorcycle with the safety and convenience of a car. The C1 features a cutting-edge dual gyroscope stabilization system that allows the vehicle to remain upright even at a standstill.
Over the years, Lit Motors has attracted investments from notable figures like Google co-founder Larry Page and Zynga founder Mark Pincus. Despite facing challenges in bringing the C1 to full production, the company has persevered and maintained its key technological assets, including international patents for its gyro-stabilization, vehicle design, and collision-avoidance systems.
As of 2023, Lit Motors has opened orders for the C1 and is determined to bring the vehicle to market. The company plans to have sold 100,000 units by 2031.
