We hinted at it last month, and it’s now official – Aptera Motors has re-opened its crowdfunding program, giving fans and believers in the startup’s solar electric vehicle technology the opportunity to invest and help it reach scaled production.
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Spoiler Alert: The low-speed function test is short and sweet but a milestone nonetheless. Solar EV startup Aptera Motors has finally given the public a look at its “PI-2” production-intent vehicle, which will now be used for real-world validation and testing en route to production… hopefully.
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While Aptera Motors continues to push forward with its production-intent (PI), solar EV builds ahead of production plans (hopefully) next year, and its timeline for initial customer deliveries is as cloudy as ever. The SEV startup quietly updated the estimated delivery timelines for all reservation holders, giving us an idea of where it stands in terms of scaled production. However, in speaking with Aptera, a lot of these numbers (for better or worse) depend on vital funding that has yet to be secured – a common theme in the startup world.
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According to a recent post from Aptera Motors co-CEO Steve Fambro, the solar EV startup has received a delivery of bodies in carbon (BinCs) from Italy. According to Fambro, the BinCs will be cleaned up and soon become Aptera’s next three production-intent solar EV builds.
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Big thanks to this year’s event sponsors: Velotric, NIU, Altair, Bridgestone, MathWorks, Generac, IOSiX, SunCat Solar, Tesla, and Event Partner, the National Park Service
It’s been another extremely successful year for the Electrek American Solar Challenge (ASC) and the Electrek Formula Sun Grand Prix (FSGP) pre-qualifier event! Now that racing has concluded and we’ve had time to decompress from all the solar excitement, here’s a quick recap and some highlights from the 2024 season.
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The 2024 Electrek American Solar Challenge (ASC) will arrive at Scotts Bluff National Monument in western Nebraska on Friday, July 26, marking the beginning of the final stage of what I can only imagine has been a grueling yet rewarding cross-country competition.
Congratulations to #2 – Michigan, which is currently leading the Single Occupant Vehicle (SOV) class by 53 miles with a total of 1233.2 miles traveled.
In the Multi-Occupant Vehicle (MOV) class, #55 – Poly Montreal and #828 – App State are currently neck and neck with 907 miles and 901 miles, respectively.
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Over the weekend, 16 teams that qualified from the Electrek Formula Sun Grand Prix (FSGP) departed from the Adventure Science Center in Nashville, TN, for an epic 8-day 1,550+ mile trek to Casper, WY, using nothing but energy from the sun.
Now, the solar vehicles have completed the first stage of the cross-country Electrek American Solar Challenge (ASC). Here are the results and how you can track the team’s locations in real time!
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Big thanks to this year’s event sponsors: Velotric, NIU, MathWorks, Generac, IOSi, SunCat Solar, and Tesla
In what can only be described as one of the most challenging years we’ve seen, teams competing in the 2024 Electrek Formula Sun Grand Prix (FSGP) found themselves navigating spotty weather, an unfamiliar track, and for some, critical mechanical issues at the eleventh hour.
The final day of the FSGP track event concluded on Thursday, July 18. Following the awards ceremony that evening, event officials announced which teams would advance to Saturday’s 1,550+ mile Electrek American Solar Challenge (ASC) cross-country main event.
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Big thanks to this year’s event sponsors: Velotric, NIU, MathWorks, Generac, IOSi, SunCat Solar, and Tesla
The second day of the 2024 Electrek Formula Sun Grand Prix (FSGP) at the NCM Motorsports Park was marked by intense competition for some and a struggle to get rolling for others.
École de Technologie Supérieure (ETS) out of Montreal, which translates to Superior Technology School, continued to lead the pack on day two with 65 laps. Meanwhile, Standford, Georgia Tech, MIT, and a few others continued to be plagued with mechanical issues. They hope to have those ironed out soon for tomorrow’s last day of racing.
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Aptera’s new partner, financial group US Capital Global, is helping lead the solar EV startup’s latest investment round, which will offer up to $60 million in convertible notes. With this funding, Aptera hopes to complete production intent SEV builds for crash testing ahead of a (very) low-volume start of production in early 2025. Here’s the latest.
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Solar EV startup Aptera Motors has submitted an Offering Memorandum to the SEC that provides numerous details about its progress in bringing its sustainable mobility technology to market. The startup continues to rely on public investment to fund its SEV development, and the latest filing details just how difficult the road to scaled production is for startups.
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Solar EV startup Aptera Motors announced it is leaving its “crowdfunding nest” of sorts, putting a bookend on three years of its Regulation A offering to pursue private funding. The startup shared a deadline for public investors while it engages in discussions with private financial group US Capital to help (finally) get its solar EVs into scaled production.
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Solar EV startup Aptera Motors has announced a clever new demand lever to get more of the public to invest in its technology en route to initial vehicle production later this year. Starting today, you can now invest in Aptera through a self-directed IRA. If you don’t know what a self-directed IRA is or do not have one yet, no worries; Aptera has the steps in place to walk you through it.
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Just weeks after announcing plans to showcase its solar EV technology to the public in the United Arab Emirates (UAE), startup Aptera Motors is taking things a step further. The company recently shared intentions to begin selling its nascent vehicles in the UAE, kicking off the new market entry with 53 production builds of an exclusive “Union Edition” model for early adopters in the Middle East.
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Aptera Motors is touting its latest milestone en route to solar EV production later this year. The first production body of its flagship vehicle has made its way over from Italy to Aptera’s headquarters in San Diego, enabling the team to finalize its design ahead of production-intent builds.
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Aptera Motors has just delivered its first solar EV to a customer. April fools! Yes, it is now April, which means we get another video update from Aptera. This month’s progress update recaps a recent visit to France, details an upcoming trip to the United Arab Emirates, and talks about the status of Aptera’s first production-intent solar EV builds. Watch the video in full below.
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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.
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Solar EV startup Aptera Motors continued its welcomed level of public transparency today, posting another progress update video for February, offering some juicy details. Aptera co-founder Steve Fambro walks you through the first glimpse at the upcoming Aptera app, which promises several cool features; plus, we get a look at some Solar EV battery packs and some hints at how safe the production vehicle will be. You can learn more in the full video below.
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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.
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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.
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Star-crossed startup Lightyear has finally thrown in the towel on attempting to bring its long-promised solar EVs to market – at least one donning its own badge and design language. The startup’s founding CEO, Lex Hoefsfloot, has been replaced as the born-again startup pivots toward solar panel development to be implemented on other companies’ vehicles. That, frankly, is just not as sexy.
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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.
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Resilient startup Aptera is back with a robust progress update after a busy summer promoting its upcoming solar EV by the same name, ahead of planned production next year. The company has posted not one, but two videos updating its fanbase about its progress, which appears to be coming along quite nicely. Could it be the first to successfully reach scaled solar EV production?
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Three men from Switzerland have formed the Peak Evolution Team with the goal of conquering the summit of Ojos del Salado in Chile – the world’s highest active volcano – in a solar electric truck, with the help of Austrian logistics company Gebrüder Weiss. The custom-built solar EV is on its way to Chile, and if the team proves successful, it will have achieved a world record that will quite literally bring the electric vehicle to new heights.
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