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Bob Lutz

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Current Motors (clever name) of Ann Arbor, Michigan just got a healthy cash infusion, as General Motors’s former Vice Chairman (and avid motorcycle collector), Bob Lutz, just dropped a check off for $1.5 million to the electric scooter manufacturer. While money is well and good, and we imagine the folks at Current are more than amped (oh yes, we just did that) about getting money during these tough capital-raising markets, the real electrifying news here is that the charismatic executive will be taking a seat on the company’s advisory board.

With a resum√© that includes names like GM, Ford, Chrysler, and BMW, Lutz’s insights on bringing vehicles to market and overall business acumen will be a huge boon for this relatively unknown startup, and could easily galvanize other investors into investing in the company.