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Most Innovative Companies

Local Motors

The World's Most Innovative Companies 2016In January 2015, Arizona-based motor vehicle manufacturing company Local Motors put out a call asking for design ideas for its 3-D-printed car. In November, the company unveiled the LM3D Swim at the SEMA automotive trade show in Las Vegas. The all-electric car has fewer than 50 individual parts (compared to the 30,000-plus parts seen in traditional vehicles rolling off the assembly line), 75 percent of which are 3-D-printed using a plastic and carbon fiber blend. Fewer parts means fewer emissions during production, and 3-D printing allows for customizable parts. "Cars could look radically different but be built on the same platform," the company claims. It's looking to open additional "microfactories" in Tennessee and Maryland. The challenge now is passing safety standards and convincing customers to put down $53,000 for the Swim. Local Motors says it will start taking orders this year and plans to have the car on the road by 2017.
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staff: 106
headquarters: Phoenix, AZ
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