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Industry | Electric automotive |
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Founded | 2014 |
Headquarters | Tel Aviv, Israel |
Key people | Dr. Asaf Formoza (CEO and founder) and Udi Meridor (COO and founder) |
Products | Ct-1 ct-2 |
Website | https://www.citytransformer.com/ |
City Transformer is an Israeli electric vehicle company [1] [2] founded in 2014 by Dr. Asaf Formoza and Udi Meridor. [3] [4] [5]
City Transformer has 2 models: CT-1 – ready for production, and CT-2 – future model.
In 2013 Dr. Formoza, Gidi Goldwine, and Erez Abramov developed a foldable car chassis design. [6] [7] This mechanism enabled them to create a two-seater urban electric micro vehicle that could change its width while driving, transforming from a width of 1.4 meters to a width of 1 meter. [8] [9] The wide mode is designated for open roads where the vehicle can reach a speed of 90 km/h and the narrow mode is designated for urban heavy traffic and for parking in narrow spaces. [8] [9] The founders then created a two-seater electric vehicle that changed its width while driving. [10] [8] [9]
In 2014, the company was founded and automobile designer Eyal Kremer joined the company along with Johanne Tomforde. [11] In late 2017, the car concept was revealed at the Smart mobility Summit in Tel Aviv. [5] The design has received various awards, [12] [13] including a gold medal in passenger vehicle design at the German Design Council in 2023. [14]
The company received a grant of NIS 3.15 million ($900,000) from the Innovations authority of Israel, in conjunction with the Israel Prime Minister's Office's national program for fuel alternatives and smart mobility. [15] The company's concept was revealed in 2017. [16]
In 2020, the company was featured in Time ’s "100 inventions for 2020". [17]
In 2021, the company signed a deal to provide United Hatzalah emergency responders with vehicles that have the ability to contract to 1 meter for easy maneuvering in times of emergency. [18] [19] [20] In 2022, the company entered a partnership with Bosch Software. [21] [22]
The company raised $20 million since inception, from private and corporate investors, including: Afifi Group, Lubinski Group, Matam Motors, Eitan Ben-Eliyahu, Barak Rosen and Eyal Chomsky. [23]
CT-1 is a two-seater foldable electric vehicle with dimensions of 250L/153H/140W cm while unfolded and 250L/143H/100W cm when folded. [24] [11] [7] The model was introduced in August 2021. [25] CT-1 is powered by two electric motors of 7.5 kW and weighs 450 kg without a battery and 590 kg with a battery. [7]
In 2021, CT-1 made a debut at the Munich IAA mobility. [26] [27] In 2022, the CT-1 model participated in the 2022 Paris Motor Show. [28]
The CT-2 model will be launched at the end of 2024. [1] CT-2 model will have features such as a range of 180 km, a sunroof, smartphone connectivity, electric windows, AC, and heating. [29]