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Aptera Motors

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Aptera Motors Corp.
Company typePrivate company
IndustryAutomotive
Founded2019
Founders
  • Steven P. Fambro (Co-CEO)
  • Chris L. Anthony (Co-CEO)
  • Michael Johnson
Headquarters
Carlsbad, California
,
United States
Area served
not yet in production
Key people
  • Jason Hill (Design)
  • Nathan Armstrong (CTO)
ProductsAptera solar EV
  • Increase (loss) $34.9 million (2024)
  • Increase (loss) $59.2 million (2023)
  • Decrease (loss) $61.5 million (2022)
Total assets
  • Decrease $34.9 million (2024)
  • Decrease $37.6 million (2023)
  • Increase $39.9 million (2022)
Number of employees
33 (2024)
Websiteaptera.us
Footnotes / references
[1][2]

Aptera Motors Corp. is an American crowd funded, pre-production startup company based in Carlsbad, California which intends to manufacture an electric two-seat three-wheeler. The company had raised $140 million from 2019 to April 2025, and had planned to start deliveries of its vehicles since 2021. As of April 2025, initial sales of the vehicle are planned for 2026 and full-scale production is planned for 2028, with the company intending to raise $60 million for the start of low-volume production.

Aptera Motors Inc. was founded in 2006. The company was liquidated in 2011 with no vehicles mass-produced. A second company named Aptera USA owned by Zhejiang Jonway Group was launched in 2012 but it produced no vehicles. A third company, Aptera Motors Corp, was relaunched by the original founders in 2019.

Aptera Motors Inc. (2006–2011)

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Aptera was founded as Accelerated Composites in 2006 by Steve Fambro, who formerly worked at Illumina. Fambro hired Chris Anthony to be the COO shortly after founding the company.[3] The company name was later changed to Aptera Motors, making reference to the Greek word meaning "wingless flight."[4] In 2006, the company announced it had a three-wheeled car design, classified as a motorcycle, that would get an estimated 330 miles per US gallon (0.71 L/100 km) at 65 mph (105 km/h).[3]

In 2008, Aptera Motors hired several industry veterans to oversee engineering and production as well as marketing, and raised $24 million from Google and Idealab. It also announced it would start to sell its car by the end of that year[5] and received $500 deposits from approximately 4,000 people for the vehicles.[6] Near the end of 2008, it hired Paul Wilbur as CEO and announced that the launch of the vehicle would be delayed until 2009.[5] By that time, it was calling the "typ-1" the "2e".[5]

In March 2009, the U.S. government denied loans to Aptera Motors under the Advanced Technology Vehicles Manufacturing Loan Program because it was limited to four-wheeled-vehicle research and production.[7] After successfully lobbying to change the regulations,[8] the company reapplied for a $184 million loan in October 2009.[9][10] Founders Fambro and Anthony were ousted from the company in Autumn 2009, remaining on the board of directors but no longer being employees.[11]

The automotive X-prize competition was held in 2010 and Aptera's car entered but didn't finish the 50-lap trial when it overheated after 30 laps.[12]

On August 12, 2011, Aptera Motors started to return deposits from customers.[13] In December 2011, it announced that it was going out of business because it was running out of money; it said that the Department of Energy had offered it a $150 million low interest loan conditioned on the company raising the same amount from the private sector, but the company was not able to raise the matching funds. A New York Times reporter contacted the DoE, which said that it had not committed to loaning the company any money.[14] By that time, the company had abandoned the three-wheeled model and was working on a mid-sized four-wheeled four-door sedan.[14] At the time, 60,000 people had expressed interest to the company in buying a 2e, and 2,000 of them had paid a $500 deposit.[15]

The company was sold and liquidated in December 2011, after starting to return customer deposits in August.[16] By December the majority of the deposits have been returned according to Aptera, though some depositors reported difficulties getting in touch with Aptera or its liquidators.[17]

Aptera USA (2012)

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In April 2012, the Chinese automaker Zhejiang Jonway Group purchased the intellectual property of Aptera Motors from creditors, and in May, it announced that it would start manufacturing the 2e at its factory in Shanghai and intended to ship chassis to a small assembly plant, initially employing 15-20 people, that it would set up in Santa Rosa, with sales commencing in early 2013. Jonway was a major investor in Zap Jonway, which had been working on electric cars in Santa Rosa since the mid-1990s. The company planned to name the US company "Zaptera USA" and it displayed a prototype 2e next to a Zap Jonway car at the Beijing Motor Show. However, the close association with Zap was met with protest by electric-car enthusiasts and by May, the company said it would call the company Aptera USA and keep it independent of Zap Jonway. The company stated it would manufacture 5000 vehicles by the end of 2012.[15]

In June 2013, Zaptera USA said it would split into two companies: the existing Jonway-owned Zaptera USA, and an independent Aptera USA; Zaptera would make the all-electric 2e and Aptera would make a gasoline-powered version called the 2g.[18] The companies as of June 2013 were still planning on releasing vehicles in early 2014,[19] but provided no further updates by May 2014[20] and did not manufacture any vehicles by 2019.[21]

Aptera Motors Corp. (2019)

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The company was relaunched in 2019 as Aptera Motors Corp. by the original Aptera founders, Chris Anthony and Steve Fambro.[22] The company planned on using a crowdfunding campaign to restart development of the vehicle.[22] On December 8th 2020, the company presented a driveable prototype and started accepting reservations. By December 14th the company had over 3000 refundable preorders for $100 each.[23]

Multiple solar panel, motor, and battery configurations were planned, with estimated ranges from 250 to 1,000 miles (400 to 1,610 km), and initial estimated prices from $25,900 to over $47,000.[24] The 400-mile (640 km) model, initially priced at $29,800,[25] was priced by Aptera in 2025 at $40,000 for the front-wheel drive option[26] which the company planned as of 2023 to be the only available model on release.[27]

Aptera planned delivering production units of the Aptera vehicle in 2021, and projected sales of the first 314 vehicles at a loss with a cost of goods of about $6 million and operating expenses of about $15 million. Aptera projected sales of 4,287 vehicles at a profit of $38 million the following year, with a cost of goods of about $92 million and about $16 million in operating expenses.[28] By October 2021 Aptera had raised $28 million.[29]

In March 2022 Aptera announced they were on schedule to deliver vehicles by the end of the year.[30] Aptera released its 2021 annual report in May 2022, stating they had 103 employees and over 18,000 reservations for their solar electric vehicle.[31] By mid 2022, the company raised a total of $40 million, planning to get to production by the end of the year.[32] They acquired three buildings in Carlsbad, California, with a combined space of over 100,000 sq ft (9,300 m2).[33] In November 2022 Aptera announced they have redesigned the structural components of the vehicle, and it requires more funding before they can get to production.[34]

In January 2023 the company announced a fund drive to raise $50 million, saying they needed at least that amount to start production.[35] The company announced in February that the funds would allow for the "initial phases of production", and the following month said it requires additional funds to produce and deliver vehicles to customers.[36] Aptera Motors' stated in their 2022 annual report released in May 2023 that the company then had 55 full-time employees. They reported $39.9 million in total assets and an operating loss of $61.5 million.[37]

Aptera stated in June 2024 that they have finalized the design of the vehicle in late 2023.[38] Aptera announced in July 2024 that they have replaced the hub motor design of the drivetrain with a Vitesco Technologies axle drive motor design.[39] The company demonstrated its production-intent PI2 model in October 2024.[40]

In January 2025, electric truck startup TELO Trucks partnered with Aptera to offer solar panels as an option for its compact MT1 pickup.[41][42][43] In early April 2025, Aptera announced they have raised a total of $130 million through crowdfunding and $10 million from other investors, and the company requires an additional $60 million before it can start low-volume production,[44][45] with deliveries planned for late 2025.[46][47] As of late April 2025, initial sales are planned for 2026 and full-scale production is planned for 2028.[48]

Prototypes

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Aptera Mk-0 and Mk-1/Typ-1

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Aptera Mk-1
Overview
AssemblyUnited States
Body and chassis
ClassSubcompact
Body style2-door three-wheeled car
Powertrain
Engine
  • Diesel: 9 kW (12 hp)
  • Electric: 19 kW (25 hp)
TransmissionCVT
Dimensions
Wheelbase1,625 mm (64 in)
Length4,394 mm (173 in)
Curb weight386 kg (851 lb)

The 2009 Aptera Motors' vehicle design has undergone several design revisions. The first two prototypes, Aptera Mk-0 and Mk-1, were intended as concept cars for attracting investor funds, rather than as production vehicles. The third vehicle, the Aptera 2e, was intended for production, but the required funding was not achieved.

Aptera's introductory press release stated its design would achieve 330 mpg‑US (0.71 L/100 km; 400 mpg‑imp), and included computer renderings of the vehicle. The body shape was estimated to have a drag coefficient of Cd=0.055 to 0.06, and would have sported a 12 hp (9 kW) diesel engine and a 24 hp (18 kW) permanent magnet DC motor. The design also called for a CVT and ultracapacitors, and would sell for under US$20,000 as of 2006.[49]

In September 2007, the Aptera Motors website was updated with the new Aptera design dubbed the Aptera Typ-1, and the Mk-1 pre-production prototype was unveiled. It was redesigned from the Mk-0 prototype by Jason Hill, who worked on the Smart Fortwo and Porsche Carrera GT and engineered by Nathan Armstrong,[50] with a finished interior and new body styling. Aptera Motors then began accepting reservations from California residents for its pilot models – then called the Typ-1e and Typ-1h.[51]

Aptera 2 Series

[edit]
Aptera 2 Series
Overview
Also calledAptera 2e, Aptera 2h
DesignerJason Hill
Body and chassis
ClassSubcompact
Body style2-door three-wheeled car
LayoutFront-engine, front-wheel drive layout
Powertrain
Engine2e: Remy 82 kW electric motor
2h: Gasoline generator + electric motor[52]
Transmission2e: Borg-Warner single ratio transaxle[53]
2h: Series hybrid layout
Dimensions
Wheelbase2,819 mm (111 in)[53]
Length4,394 mm (173.0 in)[53]
Width2,311 mm (91.0 in)[53]
Height1,346 mm (53.0 in)[53]
Curb weight680 kg (1,500 lb)[53]

The next Aptera Motors' design was a three-wheeled two-seat vehicle named the Aptera 2 Series. Its advertised fuel efficiency of 300 mpg‑US (0.78 L/100 km; 360 mpg‑imp), when plugged in every 120 miles (190 km), would have made it one of the most fuel-efficient passenger vehicles in the world.[54]

The first prototype attained a drag coefficient of Cd=0.11[52] by making use of an "Eyes-Forward" rear-view camera system instead of side-view mirrors, which create a large amount of drag. A September 2008 Aptera newsletter showed a rendering of the car featuring a conventional driver-side mirror and no driver-side rear-view camera.[55] Aptera CTO Steve Fambro stated that the system was simplified to make use of a single camera mounted near the top of the vehicle.[56]

An early Aptera 2h design used a "small, water-cooled EFI gasoline engine with closed loop oxygen feedback and catalytic converter," coupled with a 12 kW generator/starter.[57] With a tank capacity of "up to five gallons,"[52] the Aptera 2h would have a claimed range of 600 to 700 miles (970 to 1,130 km),[58] compared to the 120 miles (190 km) range of the Aptera 2e. The 2h would have been a series hybrid: The engine would not be connected to the drivetrain, instead being used to recharge the batteries.

The company opened pre-ordering for residents of California, but stopped taking deposits in July 2011. The following month, Aptera announced it would return all deposits from customers who had signed up to buy a car.[59]

Aptera 4-door

[edit]

By the time of the original company's liquidation in 2011, it had abandoned development of the Aptera 2e and had begun design of a 5-passenger, 4-wheeled EV sedan with a lightweight composite body and a projected 130-mile range. No body and only a few test mules for the car were built.[14]

Aptera solar vehicle

[edit]
View of the solar panels throughout the vehicle
Main article: Aptera (solar electric vehicle)

Aptera Motors Corp planned to have four stages of prototypes for its Aptera solar vehicle, with the third stage of prototypes nearing the final production design, and the fourth representing a prototype that's identical to production vehicles.[60]

The first planned production Aptera vehicle in 2019 was a two-seat, three-wheeled passenger battery electric vehicle (BEV). The company claimed the vehicle would get a predicted EPA test-cycle range of up to 1,000 miles (1,600 km), with solar panels that could add up to 40 miles (65 km) of range per day,[61] making it the most efficient motor vehicle designed for mass production at the time, with the longest battery range.[22] Embedded solar panels were designed to contribute up to an estimated additional 40 miles (65 km) per day from sunlight under optimal conditions.[27][62] Most American drivers drive less than 30 miles (48 km) per day.[63]

The 2019 design included two or three 50 KW wheel hub motors.[39] Aptera announced in June 2022 a detailed plan to scale in-wheel motor production in Slovenia by Elaphe.[64] Due to issues with getting the Aptera in-wheel motor design to production it was replaced in 2024 with a standard front-wheel drive axle design for the production model.[39]

Another prototype of the Aptera vehicle was shown in January 2025 at the Consumer Electronics Show. The prototype shown at CES 2025 was "nearly" ready for production.[65] The carbon-fiber and fiberglass panels of the vehicle were made with production tooling, however the diecast metal suspension arms and the injection-molded interior components were not.[26]

See also

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References

[edit]
  1. ^ "Aptera Motors Corp. Annual Report 2023". SEC. 2024-04-03.
  2. ^ "Aptera Motors Corp. Annual Report 2024", SEC, 2025-03-11
  3. ^ a b Bradley, Fikes (2007-09-25). "Prototype gets 300 mpg, company says, qualifies for car-pool lane". North County Times. Archived from the original on 2008-06-08.
  4. ^ Lambrecth, Andrew (2021-05-29). "Aptera Motors Founder on Reviving an EV Startup". Business Insider. Retrieved 2023-10-01.
  5. ^ a b c Wert, Ray (2009-11-16). "Aptera Founders Ousted in Boardroom Showdown". Jalopnik.
  6. ^ Nikolewski, Rob (2023-04-27). "Will drivers buy a 3-wheeled EV that's also powered by solar? A Carlsbad carmaker is betting on it". San Diego Union Tribune. Archived from the original on 2023-05-10. Retrieved 2023-10-01.
  7. ^ Squatriglia, Chuck (2009-03-11). "Tri, Tri Again for Aptera 3-Wheeler Loan From Feds | Autopia". Wired. Archived from the original on 2009-11-13. Retrieved 2009-10-25.
  8. ^ Squatriglia, Chuck (2009-10-30). "Obama Says Aptera's 3-Wheeler Is a Car". Wired. Retrieved 2020-02-25.
  9. ^ Korzeniewski, Jeremy (2009-10-30). "Aptera officially resubmits application for DOE loan – Autoblog Green". Green.autoblog.com. Retrieved 2010-09-06.
  10. ^ "April 14 Press Release". 2010-04-14. Archived from the original on 2011-07-07. Retrieved 2010-04-15.
  11. ^ Siry, Darryl (2010-02-01). "Aptera Founder Takes a Permanent Vacation". Wired. Retrieved 2023-10-01.
  12. ^ "Automotive X Prize: Why some teams failed". Consumer Reports News. 2010-09-23.
  13. ^ John Voelcker (2011-08-13). "Futuristic Electric-Car Dream Dead? Aptera To Refund Deposits". Green Car Reports. Retrieved 2011-08-13.
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  24. ^ Markus, Frank (2021-09-30). "2022 Aptera First Look: The Solar-Powered Electric Vehicle". Motor Trend. Discovery, Inc. Retrieved 2024-01-09.
  25. ^ Rachel Cormack (2021-06-09), "Watch Aptera's Solar-Powered 3-Wheel EV Cruise Southern California's Winding Coastal Roads", Robb Report
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  40. ^ Mark Vaughn (2024-10-31), "Whatever Happened To Aptera, Anyway?", Autoweek
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  44. ^ Chloe Aiello (2025-04-01), "This Futuristic Solar-Powered EV Just Took a Road Trip Across the American West", inc.com
  45. ^ Dnistran, Iulian (2024-12-03). "Aptera Needs Your Money To Bring Its Solar EV To The Market--Again". www.msn.com. Retrieved 2025-02-21.{{cite web}}: CS1 maint: url-status (link)
  46. ^ Richard Ingram (2025-04-01), "Aptera solar car does 300 miles – powered only by the sun!", Auto Express
  47. ^ Jameson Dow (2025-01-08), "Aptera shows its production-intent solar EV at CES, ships this year? (Update)", electrek
  48. ^ Sarah Chea (2025-04-18), "Exclusive: Hankook Tire to supply tires for Aptera solar EVs", Korea JoongAng Daily
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  50. ^ Eric, Hagerman (2007-12-20). "1 Gallon of Gas, 100 Miles – $10 Million: The Race to Build the Supergreen Car". Wired Magazine. Archived from the original on 2008-05-09. Retrieved 2008-04-01.
  51. ^ Ackerman, Evan (2007-09-28). "OhGizmo! » Archive » Aptera Electric/Hybrid Car On Pre-Order for $500". OhGizmo!. Archived from the original on 2008-05-17. Retrieved 2008-05-13.
  52. ^ a b c Ring, Ed (2007-10-16). "Aptera's Series Hybrid". EcoWorld. Archived from the original on 2007-10-22. Retrieved 2007-12-11.
  53. ^ a b c d e f "Aptera 2e Brochure" (PDF). Archived from the original (PDF) on 2010-01-02. Retrieved 2010-04-15.
  54. ^ Baker, Billy (2006-09-01). "The Race to 100 MPG". Popular Science. Retrieved 2007-11-22.
  55. ^ "Aptera 25 September 2008". Archived from the original on 2008-10-03. Retrieved 2008-10-01.
  56. ^ Coolong, Amanda (2008-11-20). "The Aptera. It's Electric!". TechZulu.com. Archived from the original on 2010-06-18. Retrieved 2010-05-18.
  57. ^ "Aptera Details". Aptera Motors. Archived from the original on 2010-05-15. Retrieved 2010-05-18.
  58. ^ "Jetsons-Style Car Gets Space Age Mileage". News 8 KFMB, San Diego. 2007-09-28. Archived from the original on 2007-12-27. Retrieved 2008-01-19.
  59. ^ John Voelcker (2011-08-13). "Futuristic Electric-Car Dream Dead? Aptera To Refund Deposits". Green Car Reports. Retrieved 2011-08-13.
  60. ^ Sensiba, Jennifer (2021-11-02). "Aptera Ends Alpha Production, Beta Production Under Way". CleanTechnica. Retrieved 2023-10-03.
  61. ^ Lambrecht, Andrew (2023-07-18). "Can Aptera make a cheap solar EV?". HotCars. Retrieved 2024-01-09.
  62. ^ "Electric Vehicles". Aptera.us. Aptera Motors Corp. Retrieved 2020-01-04.
  63. ^ "National Household Travel Survey Daily Travel Quick Facts". bts.gov. Bureau of Transportation Statistics. Retrieved 2021-12-21.
  64. ^ Randall, Chris (2022-06-23). "Aptera orders in-wheel motors from Elaphe". Electrive. Berlin: Rabbit Publishing GmbH. Retrieved 2023-10-03.
  65. ^ Vijay Pattni (2025-01-07), "Aptera's self-charging, solar-powered car is (nearly) ready for production", Top Gear
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