Aptera gets closer to series production with cash infusion and initial orders

Aptera Motors has received four million dollars in initial funding and has received more than 7,000 reservation orders for the automaker's "never charge" EV. This is a good sign for the San Diego-based company who recently procured a 65,000 sq. ft. space for production. The 7,000 orders potentially represent more than $100,000,000 in income. For those interested in more info, check out the previous post and media releases after the "read more" jump. There is also info regarding investing in Aptera as well as a link to their website where you can place your order for the EV with solar panels that could, with regular daily driving, never need external charging. Those with lead feet will probably need external charging. Of course the aerodynamics also help with range as well as the Aptera's light weight. More to come...

Source: Aptera Motors - Pics, media releases and video. Previous post.

Media Release 1:

Aptera Closes $4M Series A Round and Takes a Quarter-Billion in Orders

Backed by Notable Investors such as Sandy Munro,

Aptera Continues Growth

Aptera Motors announces it has closed its round of Series A funding, accepting a total of over $4 million. Aptera’s continued momentum has now garnered it over 7,000 vehicle reservations in just over two months totaling a quarter-billion in orders. The Solar Electric Vehicle (SEV) company is backed by crowdfunders, private investors and automotive leaders such as Sandy Munro of Munro & Associates, Inc.

“I’m betting on a solar future, and I’m betting on Aptera,” says the lean design expert. “The industry needs more creative engineering like this to progress ahead. I’m happy to be assisting Aptera as they move into production and beyond,” comments Munro.

Earlier this month, Aptera moved into a new production design facility in the Sorrento Valley area of San Diego. Part of a 60,500 square foot campus, the facility will be home to Aptera’s three completed vehicles and a team of development engineers. Areas of focus will be advanced 3D printing, composites, UI/UX development, and battery technologies development. As the company expands, Aptera will be evaluating additional locations for production facilities in San Diego and around the world.

“We’re excited to have Sandy’s support as we move into the Beta Design design phase of our Solar Electric Vehicles production plan. His decades of automotive knowledge and genius analysis of other EV players is great validation that we’re on the right path,” responds Chris Anthony, Co-Founder of Aptera.

Media Release 2:$100 Million in Orders & a Viral Video

When we launched Aptera a week ago, we were hopeful the world would see the potential of an ultra-efficient vehicle that can travel farther than any other and charge itself with the power of the sun. However, we never could have imagined the outpouring of interest and support that has followed our announcement. We quickly sold out of our Aptera Paradigm and Paradigm+ editions on the first day, and things haven't slowed down since. It's with excitement and gratitude we announce we've accepted over $100 million in pre-orders with over 3,000 vehicles reserved by future Aptera owners in the U.S. and internationally. We'll be ramping our production with a new facility in San Diego and two more development vehicles in the coming weeks, working towards our goal to begin deliveries in 2021 and early 2022. If you want to learn more about our mission, click below watch our video on YouTube (it's going viral with over 500,000 views and counting!) Our deepest thanks to all of the fans who have believed in us and made it possible to start this movement towards a more efficient future,
About Aptera MotorsAptera Motors delivers the world’s most technologically advanced solar electric vehicles (sEVs), made possible by breakthroughs in battery efficiency, aerodynamics, material science, and manufacturing. A lightweight three-wheeler, Aptera is the first in a series of eco-friendly vehicles that will be offered for consumer and commercial use. It has the longest range of any production vehicle with 1,000 miles per charge and the ability to travel up to 46 miles a day on free power from its integrated solar panels. With only four key structural parts, Aptera’s unique body shape allows it to slip through the air using far less energy than other electric and hybrid vehicles on the road today. Learn more and configure your vehicle at www.aptera.us.