California-based startup Aptera is working on a three-wheeled solar-powered electric vehicle. In May, the startup launched a crowdfunding campaign to finance its development, during which it raised $135 million from 19 thousand investors. Now the company needs another $60 million to complete development and start assembling production-ready models.
According to Aptera representatives, those wishing to invest in the startup can do so by investing at least $1000. This amount allows you to purchase shares in the company, which are currently valued at $14.80 per share.
The company also spoke about the progress made. Currently, Aptera is testing its first prototype close to mass production. It uses a new electric motor, different from the one used in previous models. Initially, the three-wheeler was supposed to have a motor-wheel on the rear axle, but the new version uses an internal drive from Vitesco Technologies. As noted by Aptera, the changes were necessary because the motor wheel was not ready in time for the start of production.
If the necessary funding is available, Aptera plans to start mass production of its solar electric vehicle next year. The initial batch will be about 7000 units, but it all depends on whether Aptera can convince enough people to invest another $60 million. So far, the company has created only a few prototypes and promising statements.
Theoretically, a solar-powered tricycle looks like an ideal option for urban travel. Aptera claims that thanks to small solar panels located throughout the body, the electric vehicle can get up to 17,700 km of range per year from solar energy alone. This is about 48 km per day under ideal conditions. In fact, this distance can be traveled without any fuel or energy costs.
If the weather is cloudy, rainy, or snowy, this figure will certainly decrease, but owners will be able to charge the battery as in conventional electric vehicles. In total, the Aptera SEV can travel up to 643 km on a full charge, according to the manufacturer.
The expected price ranges from $25,900 to $48,300, depending on the number of solar panels, battery size, and powertrain configuration.
Source: insideevs