We reported in August that Shockwave Motors had been accepted into the International Cleantech Open Accelerator Program. Now, Founder John McMillan reports that the developer of the Defiant EV3 Roadster won the Southeast Regional competition and is a finalist for the international event in January in California.
“The accelerator program is a great opportunity and learning experience, and we are honored to be able to participate in the program and look forward to International event,” he said.
In addition to winning the $15,000 prize package for the regional competition, the roadster was also recognized with the “Sustainability Award” in honor of its significant reduction in greenhouse gas emissions.
Shockwave Motors is the latest East Tennessee company to participate in the Cleantech Open. Over the past 13 years, the organization has awarded more than $6 million in cash and in-kind services, and the 1,400 alumni companies have raised $1.2 billion in external funding.