Aptera Motors Corp

Aptera Motors Corp., formed on March 4, 2019, in Delaware and headquartered in Carlsbad, California, develops, produces, and distributes energy-efficient solar-powered, battery-electric vehicles. The company designs the Aptera vehicle to collect energy from the sun, storing it in a proprietary battery pack to provide up to an estimated 40 miles per day. Internal tests indicate that in optimal sunny locations, the solar panels have the potential to generate over 10,000 miles of driving power annually, with over 1,000 miles generated per month during summer. Each vehicle is designed with over three square meters of embedded solar panels and can charge from a standard home electrical outlet or using the North American Charging Standard (NACS) connector. The Launch Edition Aptera is designed with a targeted range of up to 400 miles on a single charge. Since 2019, the company has substantially completed production-intent vehicle design and established a supplier network for future production parts and capital equipment, including strategic relationships for battery pack manufacturing and battery cell supply. Aptera Motors Corp. has built nine drivable prototype vehicles and completed the assembly of its first validation vehicle using production-intent parts, which is currently undergoing testing and certification. The company has also initiated its validation vehicle assembly line in Carlsbad, California, validating its "Body in Carbon" (BinC) assembly fixtures and bonding processes, and conducted initial coast-down and aerodynamic testing.