Zero Pollution Motors, an eco-friendly car that runs on compressed air, was pitched on Shark Tank in 2015. The pitch was memorable for several reasons. One, singer Pat Boone was part of it. Two, investor and car enthusiast Robert Herjavec agreed to invest $5 million for 50 percent equity of the company. After the show, the deal fell through. The Zero Pollution Motors didn’t own the rights across North America. Herjavec explained, “The Zero Pollution Motors didn’t own the rights to the product across North America. They were really a distributor, which isn’t a bad thing. But in terms of the scale that we wanted to build, it was difficult to scale that out.”
[LEFT: Popular compressed air tools like this pneumatic screwdriver at Amazon hint at the future]
Zero Pollution Motors claims it is “poised to produce the first compressed air-powered car for sale in the United States by Q4 2017-Q1 2018.” Zero Pollution video pitch below.
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