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Eren Canarslan

Founder, Olympian Motors 


Join Date

October 2024

Gender

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Age

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About Eren Canarslan

Electronics Engineer and ex-VC turned into an entrepreneur.

Previously at Qualcomm, focused on autonomous driving, electric vehicles and augmented reality. Prior to that, Eren worked at multiple VC funds in New York and investment banks in Europe. He started his professional career at Ford Motors R&D department as an electronics engineer.

He holds an MBA degree from Columbia University, and a BSc Degree in Electronics Engineering.

Companies & Work

Olympian Motors

Olympian Motors

Olympian Motors is an electric vehicle company, based in New York.

We are manufacturing electric vehicles with our innovative 'modular' vehicle & drivetrain architecture (MVDS), providing Olympian with strong cost and lead-time advantages compared to legacy automakers like Tesla and Ford.

Olympian is disrupting 120+ years old automotive industry and targeting to capture 7% market share in the U.S. automotive market by 2030.

We changed the status-quo in automotive design, and bring aesthetic, color, experience and minimalism back to the cars.

Olympian MVDS has a 'Lego-like' architecture and built on 4-core-hardware and 2-software modules. We achieved 80% reduction in tooling & machinery costs and built ~60% faster production lead time.

We aim to reinvent the car manufacturing and bringing agility, speed and cost-efficiency back to the U.S. automotive industry.

+ Received 214 pre-orders for Olympian Model O1 ($17M+ pre-booked revenue)
+ Started manufacturing our EVs in Brooklyn & Detroit facilities. 2023 capacity: 320 vehicles
+ Pending traffic approval from NHTSA
+ Modular vehicle/drivetrain + Modular manufacturing: 4-hardware + 1-sofware modules. ~60% faster production lead time. 80% reduction in tooling, fitment and labor expenses.
+ Commercial Launch in Q3/2023. Unlike other EV companies, we don't waste time/resources. (It took 9+ years for Lucid and 11+ years for Rivian to make their first shipment).
+ Super-competitive battery efficiency in urban areas (Olympian early prototypes achieved slightly better miles/kwh efficiency than Tesla Model 3 and Rivian).
+ Carbon-sequestered and recyclable materials for +4% of vehicle components.


Olympian rejects today's commoditized and banal car experience.
+ We challenge the status-quo in automotive.
+ We prioritize aesthetic, nature and minimalism.
+ We use steel and wood in Olympian cars rather than not cheap plastic and toxic chemicals.
+ We have minimalistic cockpit, powered by Olympian Operating System (OOS)

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