Aptera Motors Stock

aptera.us/Transportation / Electric VehiclesFounded: 2005

Aptera Motors, founded in 2019, is an automotive company specializing in solar electric vehicles. Aptera is committed to energy efficiency and sustainability, creating vehicles with unique designs that are designed to optimize aerodynamics and energy use. Aptera's cars are capable of 1,000 miles on a single charge, with up to 40 miles of solar-powered driving per day. Aptera's mission focuses on reducing carbon footprints and promoting eco-friendly transportation. Aptera Motors is headquartered in San Diego, California.

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Aptera Motors investors also invested in these private companies

Bay Wharf Capital
Impala Ventures

Team

Management Team

Steve Fambro
Co-Founder & Co-Chief Executive Officer
Chris Anthony
Co-Founder, Co-Chief Executive Officer & President
Michael Johnson
Co-Founder
Sarah Hardwick
Chief Marketing Officer
Blake Ryan
Vice President of Finance

Board Members

Brian Snow
Impala Ventures

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News Highlights

Aptera secures multimillion-dollar supply deal and investment for solar EV battery packs
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. Solar EV startup Aptera Motors hit us with an encouraging progress update as we shut the book on 2023 and look toward 2024, the year we may finally see scaled production of the company’s solar EV by the same name.
This solar car company just got $21 million to produce its innovative, sun-powered vehicles: ‘Thinking outside the box’
Solar electric vehicle startup Aptera Motors has received a $21 million state grant from the California Energy Commission (CEC). The grant will allow the company to scale up production of its EVs for the mass market, making it one of the few remaining startups attempting to do so. The grant – combined with Aptera’s Accelerate crowdfunding campaign, which raised nearly $8 million across 544 vehicle reservations – will help Aptera make significant progress in delivering its high-efficiency Launch Edition solar EV.
Aptera Unveils ‘Launch’ Edition
Aptera Motors has unveiled its inaugural Launch Edition, the first series of over 40,000 orders for a fleet of what the Carlsbad-based startup describes as “ultra-efficient vehicles that will bring solar mobility and freedom from the grid a reality.” Steve Fambro, Aptera co-founder and co-CEO, said on January 20 during a live web event introducing the Launch Edition: “We’ve solved the equation for a more efficient way to travel by harnessing the power of the sun, and we’re excited to introduce our Launch Edition vehicle to the world.”
Updated on: Feb 24, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.