MotorChase readers have already been given an extensive explanation on Riversimple and Rasa, its second car and the one that will be submitted to Beta testing. And now the company has announced there will be 20 Rasa Beta cars for tests, but not only that. Riversimple has also opened the opportunity for investors to become partners with this crowdfunding campaign. It will allow anyone with £ 50 or more to buy shares of the company (up to 7.5% of the total company’s capital) and to help it build and start testing the first 20 Rasa units. The video below explains the business model of the company.
There are special categories of investment. The first 25 investors to invest £ 500 or more will get tickets to the London Motor Show, where Rasa is set to be one of the stars. If you are one of the first 19 partners to invest more than £ 100,000, you will get the chance to use one of these Rasa cars for as long as you want (your entire life, if that is your choice) and to name them. The name of the investor will be printed on the door sill or engraved on the dashboard. The first 20 Rasa units will be the only ones hand-built and entirely made of carbon fiber. The 20th unit will be reserved to the winner of a draw that everyone who invests in Riversimple will get the chance to enter. The lucky fellow will get the same lifetime usership as the ones that invest £ 100,000.
The Rasa is 3.67 m long, 1.63 m wide (including mirrors), 1.33 m tall and it has a wheelbase of 2.27 m. Its top speed is 60 mph (96 km/h) and it accelerates from 0 to 60 mph in 10 s. The current car weighs 580 kg, but Riversimple intends to reduce the Beta test cars to 520 kg. The production Rasa (3,500 units) that will be delivered in 2018 will present a weight between 550 kg and 600 kg. It has a small fuel cell unit, a tank that can hold 1.5 kg of hydrogen and four electric engines, one in each wheel, that provide 680 Nm of torque and 60 kW.
Besides the car, Riversimple proposes an entirely new model of use. No car will be sold: clients will pay a monthly fee in order to use the vehicles. This fee will include refuelling, maintenance and insurance. In other words, all the user will have to worry about is to get where one needs to go.
From now on, you have 29 days to become part of the first company to present a real sustainable mobility model. In case you have the money and the will to be part of that, this is your best shot at getting in.