Aptera late on Wednesday announced the end date for its crowdfunding phase, as it seeks private funding as it moves “towards volume production” of its solar-powered electric three-wheeled vehicle. Highly efficient solar power.
The crowdfunding company’s Regulation A, which bypasses traditional investors and the stock market and emphasizes smaller amounts, will end on June 30, and it is partnering with the company. US Capital for additional funding.
Through all stages of crowdfunding to date, over three years, Aptera has raised more than $100 million from more than 17,000 investors. It was incentivized last year with an Accelerator Program that gave investors—a minimum of $10,000 each—priority booking for the first 2,000 initial construction slots of three-wheeled electric cars.
Notably, Aptera did not say that funding had been secured. Instead, it said that its crowdfunding efforts “paved the way for the company to partner with US Capital to secure funding for the production of the Launch Edition vehicle.”
Aptera launch version
Charger Aptera launch version
Aptera Launch Edition core specifications
The Released version revealed in January 2023 with 0-60 mph acceleration in 4.0 seconds, a 42 kwh battery pack that can provide up to 400 miles of range, and a solar power system that can Provides 700 watts of continuous power for 40 miles. range per day, according to the company. Its price has been set at $33,200.
Aptera has announced its use Tesla’s NACS Gateway even before the wave of electric vehicle brands in the US market switching charging standards last year.
Aptera investment incentives
The company announced the completion of the Accelerator Program in February and noted that it had raised enough funds to “to finance the early stages of production”—about $33 million, as of the end of January. Aptera seemed to reiterate that a few weeks later, when it provided an update noting “the start of production of the Starter Edition need more capital.” Aptera later clarified to Green Car Reports that the previous statement about the early stages of production referred to “production-oriented construction of the vehicle.”
Aptera also now says it plans to bring the vehicle to market “at scale” by 2025, and in recent months it has hinted that a number of design changes will bring efficiency and savings. cost savings. So far, it has relied on the CPC in Italy because carbon fiber body plus chassis and suspension components, to battery supplier EVE Energy for 2170 format cylindrical NMC cells and for CTNS in Korea for battery modules.
