Pollution affects big cities all across America. That’s why Ethan Tucker and Pat Boone want to manufacture a car that runs on compressed air, making it a zero pollution solution. Will their product idea earn them a deal on
Shark Tank Zero Pollution Motors Update
- Entrepreneurs: Ethan Tucker, Pat Boone
- Business: Air-powered vehicles
- Ask: $5,000,000 for 50% equity
- Result: $5,000,000 for 50% equity, contingent on USA wide licensing
- Sharks: Robert Herjavec
Pat may have sold over 40 million hit records, but this time he’s selling environmentally friendly cars along with his business partner Ethan. They claim that their company Zero Pollution Motors produces the greenest car imaginable. Some of its selling features include its low cost, and that unlike electric vehicles, their car doesn’t need an expensive battery. According to them, air is the most environmentally perfect fuel there is.
The sharks were curious as to how the car worked. Ethan explained that the Air-Pod can be plugged into any outlet, which charges the motor and will give a range of about 100 miles. The vehicle can hit a top speed of 50 miles per hour, making this zero-pollution car perfect for commuters who travel short distances. Each vehicle costs just $10,000, and is produced with fiberglass and specialized resin which is not only cost-efficient, but also safe.
One major issue for the sharks came up when Ethan and Pat explained that their licensing deal restricted their manufacturing and distribution to Hawaii only. As an investor, Mark Cuban wasn’t interested because of the early-stages of the company. Daymond John felt that the company was too early in its stages to invest, so he went out. Lori Greiner went out due to the licensing agreement, and Kevin O’Leary went out because he just wasn’t interested.
Robert Herjavec was the final shark, and he offered $5,000,000 in exchange for 50% equity. His offer was contingent on them securing a negotiated deal with the company who owned the rights to the cars, allowing for vehicle distribution all across America. Ethan and Pat gladly accepted Robert’s deal. What happened next for their company? Keep reading our Zero Pollution Motors update to find out!
We have mixed news to report in our Zero Pollution Motors update. The contingency that Robert required for his deal to be finalized didn’t happen, which forced him to withdraw his offer. However, the company is still in business and seems to be taking order for their AirPod cars. The Zero Pollution Motors website states that they will be producing the first compressed air-powered car for sale in the United States by mid-2024.
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Jennifer is an avid Shark Tank fan that has been watching the show for years. She serves as Senior Editor at Shark Tank Recap and ensures that all our information is accurate and that our posts are up to date. Her favorite Shark Tank products are Le-Glue and Ring!