Drako Motors Founder on Disrupting the EV Market with $1.2M Supercar

Drako Motors

A year after the 2020 Drako GTE was officially announced, the 1,200-horsepower, electric, luxury sedan is still getting tons of attention and notoriety for its robust performance, and hefty price tag. After nearly 10 years of development, co-founders Dean Drako and Shiv Sikand made a splash in the EV market with an ultra-exclusive, limited production of just 25 cars. In today’s segment, we catch up with Dean Drako to discuss the future of Drako Motors and the electric vehicle market as a whole.

Dean and Shiv embarked on this venture because they saw that electric vehicles were and are trending at such a speed that they will eventually take over and dominate the automotive industry. They also saw the EV market as a vessel to explore innovation in software and technology. EVs open up a new world of engineering possibilities.

“I believe the cleanliness and the ease of use and ease of maintenance of electric cars will win out in the long run,” says Dean. “They’re just a lot simpler in their mechanical constructs, than gas-powered engines.

Dean is a Silicon Valley tech entrepreneur who has started a number of successful companies like Barracuda Networks, Eagle Eye Networks, and IC Manage.

Did you enjoy this interview with Dean Drako? Please share your thoughts, comments, or questions regarding this topic with host Jim Fitzpatrick at jfitzpatrick@cbtnews.com.

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