Current Motor Wins 2015 Michigan MobiPrize

By Daniel I. DeWolf, Samuel Asher Effron

Mintz was excited to see its client, Current Motor, win the second annual Michigan MobiPrize. Presented by NextEnergy and the University of Michigan’s Sustainable Mobility and Accessibility Research and Transformation (SMART), the award honors Michigan-based mobility entrepreneurs who are developing and commercializing innovative mobility solutions in Michigan.

Current Motor is a privately held electric motorcycle and solar charging station manufacturing company with locations in Ann Arbor and Manchester, Michigan. In addition to electric motorcycle and solar charging station applications, Current Motor has developed a mini-fleet-in-a-box technology comprised of four electric motorcycles nested within a solar charging station and built-in batteries for energy storage.

Sponsored by NextEnergy, the Michigan MobiPrize is one in a series of MobiPrizes awarded around the globe. Developed by the University of Michigan’s SMART initiative in 2012, MobiPrize was designed to honor entrepreneurial ventures, as well as city, state, and national governments that are changing the world through sustainable transportation.

RideHop and RightThereWare received honorary mentions for the Michigan MobiPrize. Detroit-based RideHop’s mobile application provides real-time transportation tracking, allowing drivers and riders to plan their commutes more effectively. RightThereWare has developed optimized multi-stop navigation technology that automatically re-routes drivers as traffic conditions change.

Congratulations to Current Motor, which will receive a $5,000 cash prize plus mentorship and networking opportunities and will travel to an award ceremony in New Delhi, India.

 

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    MintzTech Connect Industry News - December 2015

    December 15, 2015| Article

    Authors

    Daniel I. DeWolf

    Daniel I. DeWolf

    Member / Chair, Technology Practice; Co-chair, Venture Capital & Emerging Companies Practice

    Daniel I. DeWolf is a leading authority on growth companies and venture capital law — and has worked on pioneering online capital-raising methods. He is immersed in the national and international ecosystem of emerging companies and investors focused on start-ups. He has also been a member of NYU Law School’s faculty since 2003, where he teaches venture capital law.
    Samuel Asher Effron

    Samuel Asher Effron

    Member / Co-chair, Venture Capital & Emerging Companies Practice

    Samuel Asher Effron assists Mintz clients with venture capital and private equity transactions, helping start-ups with legal and business matters. He has clients in a variety of technology sectors, including video gaming, music, virtual and augmented reality, and consumer electronics.