Aptera Motors

World's First "Never-Charge" EV

Company Information

Website:

https://aptera.us/

Sector:

Electric Vehicles

Location:

Carlsbad, CA

Aptera is building the world’s first “never-charge” electric vehicle.

This vehicle generates enough solar power for up to forty miles of daily driving. The average American drives less than thirty miles a day, so most owners will never have to plug in their vehicle to charge. This makes Aptera’s EV one of the first that’s “energy-grid independent.”

Aptera has taken more than 38,000 vehicle registrations, amounting to nearly a billion-and-a-half dollars in potential revenue. The company has been awarded two patents and has twenty-seven patents pending.

Team Background

Chris Anthony - CEO
Steve Fambro - CEO

Co-Investors

Raising
$39.35 million
Committed
$1.542 million (4%)
Current Valuation
$800 million
Min. Investment
$210
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $9.8 million
    2010-04-15
    NRG Energy
  • $24 million
    2008-07-25
    Google
Notable Investors
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