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Aptera

Aptera CEOs discuss IPO plans, variants, and possible 4-wheel EV

Video footage meant for investors has leaked, showing Aptera Motors co-founders and co-CEOs Steve Fambro and Chris Anthony discussing many topics about the solar EV startup’s future, including a potential IPO. Usually, when we share progress updates from notable solar EV developer Aptera Motors, they come directly from the horse’s mouth. The born-again startup is known for keeping an open line of communication with its growing fanbase of investors, Accelerator program reservation holders, and EV…

Aptera shows off production-intent solar EV build process [Video]

Fresh off a successful crowdfunding program to gain capital and secure slots for its first 2,000 solar EV builds, Aptera Motors is offering a peek at its production-intent design currently being finalized in Italy. See more in the video below. Aptera Motors is harnessing the power of our Sun and making welcomed strides in 2024 so far – a year that offers the prospect of an official start of long-anticipated solar EV production. That process will begin with the Launch Edition version of the Aptera…

First 2,000 Aptera solar EV Launch Edition production slots claimed

A futuristic-looking electric vehicle that was launched by a Californian startup way back in 2007 is finally on the road to production. Following a year-long crowdfunding effort, the first 2,000 Aptera Launch Edition solar EV production slots have now been taken.Looking like something straight out of a sci-fi movie, the two-passenger vehicle was designed to be much more than a smooth-lined, teardrop-shaped head-turner, it was developed for super low drag and maximum fuel efficiency.The original Typ-1 was to be made in two…

Aptera sells all Launch Edition production slots, raising $34 million

We are just over one year removed from the initial launch of solar EV startup Aptera’s Accelerator program, which was implemented to not only get customers to commit to their SEV purchase fully but also help give the company some financial runway as it inches toward scaled production. It may have taken longer than anticipated, but the program succeeded, raising nearly $34 million. Today’s milestone is another feather in the cap of solar EV developer Aptera, the last prominent startup remaining in…

Aptera secures multi-million dollar deal for solar EV battery packs

As Aptera Motors looks to reach its long-sought scaled solar EV production milestone, it has secured a tier-1 battery supplier and a hefty investment from Korean manufacturer CTNS. Solar EV startup Aptera Motors hit us with an encouraging progress update as we shut the book on 2023 and look toward 2024, the year we may finally see scaled production of the company’s solar EV by the same name. Since the startup debuted in its second iteration years ago, we’ve shared its progress nearly every step…

Solar electric car design enters validation phase, ET Auto

Aptera is developing an aerodynamic car with three wheels, a high-efficiency motor, and a unique teardrop design. New Delhi: Aptera, a producer of solar electric vehicles, has begun the validation phase of its unique aerodynamic design in the famed Pininfarina Wind Tunnel.Aptera is developing an aerodynamic car with three wheels, a high-efficiency motor, and a unique teardrop design. Aptera will test and validate its unique solar electric car design in conjunction with

Aptera anticipates lowest drag coefficient of any car ever in wind tunnel testing

Aptera’s “Gamma” prototype of its solar-powered, three-wheeled electric car is overseas right now, doing aerodynamic testing at Pininfarina’s wind tunnel near Turin, Italy, in the shadow of the Italian Alps. The company is confident that when results come in, the Aptera will have the lowest aerodynamic drag coefficient of any production passenger car. Pininfarina’s wind tunnel was opened in 1972, one of the first full-size wind tunnels in the world to be completed and the first in Italy.…

Aptera pauses Accelerator invest program at request of SEC

Nearly six months into its Accelerator crowdfunding program, solar EV startup Aptera is putting a pause on new investments while it files requested paperwork with the Securities and Exchange Commission (SEC). As a result, many of the loyal believers that make up the Aptera community and have helped get the company this far will no longer be able to invest unless they meet certain criteria. Aptera first launched the Accelerator Program in late January, one week after officially debuting the…

Aptera to integrate openpilot driver assistance into its solar EVs

Aptera Motors is back with its second exciting news update this week, announcing it has selected an open-source driver assistance system called “openpilot” as its official system that will be integrated into its production model solar EVs. Aptera Motors continues to take large strides in 2023 on its journey to reaching the holy grail of scaled EV production, hopefully sometime next year. The startup’s recently-extended Accelerator program should help it garner some big funding to purchase the…

Aptera secures first fleet order for 101 solar EVs

Solar electric vehicle start-up Aptera Motors has announced its first fleet order from SustainabilitySooner, Inc. The initial pre-order is for 101 of Aptera’s 400-mile range solar EVs and is expected to deliver millions in future revenue. However, what may be more exciting is the prospect of future fleet orders as SustainabilitySooner looks to eventually operate a fleet of over 100,000 SEVs. As one of the few remaining solar EV start-ups left in the world and the closest to reaching scaled…