Dear Squad friends
When we announced our crowdfunding campaign on Republic Europe recently, we also received quite a number of questions on the progress of the Squad's development. This inspired us to share with you what we've been working on and how it will ultimately benefit the Squad community. So here we go.
Today, we are taking you on a small tour of the Squad chassis and assembly concept.
Squad Mobility production stories:
the assembly
At Squad Mobility, the way we work is in line with our mission: affordable and sustainable mobility for all. From the start, we’ve worked with a first-principles mentality. Looking at a problem from a fundamental point of view and reasoning from the ground up. We also study a situation in a holistic way. Meaning, not just the Squad car, but how it exists afterwards and how it is before it’s assembled. Making the parts, how parts travel, to which locations. And going further, we look at it from a community perspective. Who assembles the Squads, how are they distributed, and even further, how are they maintained throughout their lifecycle.
Let’s start with our tubular chassis
Our engineers are working on a visible tubular chassis concept, using extrusion profiles and combining functionalities as much as possible. The advantage of a tubular chassis concept vs the stamped chassis of many other vehicles is the flexibility of the production. Stamping tooling requires significant investment and is therefore better suitable for centralized production. Our goal is to improve the possibility to localize sourcing and manufacturing.
Assembly sequence
To put things in perspective, a current standard assembly sequence in automotive typically begins with stamping the body and chassis. Then, spot welding everything together, resulting in the body in white. Then paint, remove the doors, fit everything inside the body, and put the doors back on at the end.
Inside first
Squad uses what we call, an inside-out assembly. As the term suggests, assembly begins from the inside: floor, battery, seating. Then we assemble the surrounding chassis, finish the bodywork, apply the glazing and install the solar panel. Starting with the fundamentals and working our way outwards. No repeats.
The plus for the Squad community
Just a few days left
Our campaign is going strong. We're now up to more than 230 future investors! Now's your chance to still preregister and support us in our journey.
Pre-register on Republic Europe today, and you:
- Secure your priority: Guaranteeing your spot in the round before we launch publicly.
- Drive momentum: Building the crucial social proof we need for accelerated growth..
- Deepen your ownership: Reaffirming your stake at this stage in our mission confirming your vision and advanced knowledge of the market.
Quick Clarification: Being on the priority list on Republic Europe is just an expression of interest right now. It is non-binding, and no money will be moved. We’re just building our potentially interested investor list!
We are launching soon, and your participation matters now more than ever.
Visit our campaign page, and join the priority list!
Thank you, from the entire team, for continuing to share this journey with us. We are taking the Squad further towards production, and we genuinely want you by our side.
☀️ Ready to drive change together?
Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future. No communications about any campaigns on Republic Europe you receive from Republic Europe or the fundraising business, through email or any other medium, should be construed as an investment recommendation.
Seedrs Limited (trading as Republic Europe) is authorised and regulated by the Financial Conduct Authority. Seedrs Limited is a limited company, registered in England and Wales (No. 06848016), with registered office at Office 206, Cubo Soho, Ilona Rose House, Manette Street, London W1D 4AL.
Header photo by lifeforstock on Freepik.