Aptera Engages US Capital for Production Funding, Ending Crowdfunding in June San Diego, CA - - Aptera Motors Corp. (“Aptera” or the “Company”), a leader in solar electric vehicles, is pleased to announce the upcoming end date of |
It is a strange looking vehicle, but there are a lot of things I like about the company’s philosophy and approach.
Their story is interesting, but also depressing. They were competing for government EV subsidies at the time and then the rules changed at the 11th hour, and they were excluded because their vehicles had 3 wheels instead of 4. Meanwhile, Tesla did get the funding.
Aptera was forced to sell everything to a Chinese firm, who never did anything with it. Then, a few years ago, Aptera’s original founders found the money to buy it all back and drafted a new roadmap to market.
It’s been touch-and-go this time around, too, but their technology and basic principles are just brilliant. The sheer practicality of what they are making is unmatched by anyone anywhere. I’m excited to see this finally come to market!
Their story is interesting, but also depressing. They were competing for government EV subsidies at the time and then the rules changed at the 11th hour, and they were excluded because their vehicles had 3 wheels instead of 4. Meanwhile, Tesla did get the funding.
Aptera was forced to sell everything to a Chinese firm, who never did anything with it. Then, a few years ago, Aptera’s original founders found the money to buy it all back and drafted a new roadmap to market.
It’s been touch-and-go this time around, too, but their technology and basic principles are just brilliant. The sheer practicality of what they are making is unmatched by anyone anywhere. I’m excited to see this finally come to market!
Huh I didnt know this story. Thanks for sharing!