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Aptera Motors isn't accepting new investments

Aptera Motors’ deadline was May 22, 2024

Follow the company to stay updated on their progress, including future investment opportunities


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Logo of Aptera Motors

Aptera Motors

Grid-independent, solar-charging vehicles | The efficient 1,000 mile EV
Green Power Automotive Electric Vehicles B2B B2C Combat Carbon
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Featured image of Aptera Motors
$1,726,577
Raised
1,515
Investors
Successfully funded and closed on May 22, 2024.
Invest in Aptera Motors

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Closed on May 22, 2024. Information may not be up-to-date. Campaign closed on May 22, 2024. Information displayed may not be up-to-date.
Problem Solution Product Traction Market Vision and strategy Impact Funding Leadership Summary Disclaimers
About Team Press

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg A+ securities offering by Aptera Motors Corp.. View the official SEC filing and all updates:
Official SEC Logo Form 1-A SEC.gov
Company documents
Subscription Agreement Aptera Motors Form 253G2.pdf Form CRS.pdf Disclosures & Disclaimers.pdf Additional Risk Disclosures.pdf
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Hear from some of the 1,515 investors in Aptera Motors


Show more

Highlights


  • A solar-powered EV that requires no charging for most daily use
  • Up to 1,000-mile range (based on internal testing)
  • 38,000+ pre-order reservations and $1.4B in potential revenue
  • Over $80M raised to date from over 15,000 investors
  • A large and growing electric vehicle market
  • Technology that assures minimal environmental impact at every step
  • 2 patents awarded and 27 in process for its unique design and technology

There may be other available opportunities that are similar to this investment but have different attributes, characteristics, cost factors, and fees. Disclosures & Disclaimers

Problem


Electric vehicles are growing...

but we see the two largest barriers to electric vehicle adoption as cost and range anxiety.

Solution


Listening to Drivers

With a less prohibitive price point
and ranges up to 1,000 miles per charge, our vehicles overcome most purchase hesitancy.

Your browser does not support HTML5 video.

Each vehicle can generate enough solar power for up to 40 miles of free daily driving. The average American drives less than 30 miles per day, so most Aptera owners will never have to plug their vehicle in to charge. This lessens the need for power grid improvements for EV adoption and makes Aptera one of the first electric vehicles that is “grid independent."

Product


The next generation of clean energy vehicles is here

Aptera's solar electric vehicles aim to change how the world drives.

Aptera was created from the ground up with one purpose in mind — energy efficiency. Our unique shape allows Aptera to slip through the air using far less energy than any other electric and hybrid vehicles on the road today. That efficiency allows Aptera to have a much longer range than competitive electric vehicles.

Whether commuting to work or camping off the grid, your options are limitless with Aptera. Each vehicle can generate enough solar power for up to 40 miles of free daily driving. And with the battery topped off from solar charging, you can travel up to 1,000 miles on a single charge.

Traction


38,000+ vehicle reservations and $1.4B+ in potential revenue

Aptera is leading a global
movement toward solar mobility.

More than 38,000 people have already reserved an Aptera, representing $1.4B+ in potential revenue. Aptera's growth is fueled by our future owners' passion. We are supported by 15,000 investors, 750,000+ community members, and 800 brand ambassadors who lend their expertise and enthusiasm to further our mission of creating more efficient solar transportation for everyone.

—

A significant moat of intellectual property.

Aptera has 60+ invention disclosures in process with 27 patents pending and 2 awarded for its unique design and revolutionary technology.

Market


Rising demand for EVs

In the first three months of 2022, EV registrations shot up 60 percent even as the overall market was down 18 percent, according to a report by Automotive News.

According to analysis by IHS Markit, 40–45 percent of new car sales could be electric by 2035. Reuters estimates that by 2050 more than half of the vehicles on U.S. roads could be EVs.

Fortune Business Insights projects the market will grow from $287.36 billion in 2021 to $1,318.22 billion in 2028 at a CAGR of 24.3%. The sudden rise is attributable to the market’s growth and demand, environmental impact of gas-powered vehicles, and the upsurge in gas prices.

Vision and strategy


We have a vision of a future that runs on sunshine


Our vision is to create a future that uses solar power to enable our mobility without sacrificing the health of our planet. We want to revolutionize the way we move while still enjoying greater freedom, endless adventure, and the ability to connect with people and places far and wide. 

Our vision extends far beyond where we are today. We want to apply breakthrough solar technology to every aspect of our lives — on passenger and utility vehicles, trucks, homes, boats, planes, and more. Aptera is the most efficient vehicle on the planet, but it's only just the beginning. 

Impact


Powering a healthy planet

Your browser does not support HTML5 video.At Aptera, we believe efficient transportation is at the heart of managing the Earth’s natural resources.

Each Aptera owner can significantly reduce their carbon footprint, making it easier for everyone to do their part to keep our planet healthy for future generations.

—

Obsessed with Manufacturing Efficiency

Aptera's efficiency starts with its manufacture. With only six key structural parts, we have lower cost and lower carbon footprint technologies that assure minimal environmental impact at every step.

Funding


 $80M+ raised to date

From more than 15,000 investors

Leadership


Steve Fambro
and Chris Anthony

An idea unlike any other

The founders of Aptera, Chris Anthony and Steve Fambro, helped to create the electric vehicle market in 2006 with an idea unlike any other. It was the first to achieve 300 mpg and it got a lot of attention, landing on the cover of dozens of magazines and even appearing in the movie Star Trek.

Flash forward a decade. EV technology is more advanced, the supply chain is more established, and consumer demand is even greater. Recognizing an opportunity, in 2019 our founders relaunched Aptera as a solar electric vehicle brand. 

With experience innovating in other emerging industries such as lithium battery technology and vertical farm production, their goal is to build lightweight and aerodynamic vehicles powered by the sun that are able to handle most daily driving needs completely off the grid.


Summary


We’re leading a movement

to create the most efficient
forms of mobility on the planet.

Through continuous innovation, we are working tirelessly to change the status quo of how the world thinks of energy, of mobility, and even what a vehicle can look like. 

As we prepare for production, we invite you to join us on the road to solar mobility.  

Disclaimers


Risks of early stage investment. Not an offer to buy or sell securities. This is a long-term speculative illiquid investment. Investment is not FDIC or SiPC insured. You may lose money.

Your investment is binding and irrevocable, although we reserve the right to reject it for any reason or no reason at all. Funds committed will remain in an escrow account maintained by BankProv until such time as a closing occurs. Securities offered through OpenDeal Broker LLC, a registered broker dealer, member of FINRA (www.finra.org), member of SIPC (www.sipc.org). We will pay OpenDeal Broker LLC, a registered broker-dealer, a cash commission equal to 4.75% of the amount raised through the Republic Platform and a non-cash commission in Class B Common Stock equal to 2% of the total number of series interests sold in this offering, plus certain offering costs. Please review OpenDeal Broker LLC’s Form CRS. OpenDeal Broker LLC may require additional documents or information from you to complete your purchase, you will be contacted by a registered representative in this event.

An offering statement relating to Aptera Motors Corp’s Class B Common Stock has been filed with the Securities and Exchange Commission and became qualified on August 29, 2022. Prior to making any investment in Aptera Motors Corp’s Class B Common Stock, you should review a copy of the offering circular, or contact Aptera Motors Corp by phone at (858) 371-3151. No offer to sell any securities, and no solicitation of an offer to buy any securities, is being made in any jurisdiction in which such offer, sale, or solicitation would not be permitted by applicable law.

Deal terms


Minimum investment

$210

The smallest investment amount the issuer is accepting in this offering.

Maximum investment

$500,000

The largest investment amount the issuer is accepting in this offering.

Funding goal

$39.35M

Aptera Motors must achieve its minimum goal of $0.01 before the deadline. The maximum amount the offering can raise is $39.35M.
Learn more

Deadline
Aptera Motors campaign will end on .
Type of security

Class B Common shares
Learn more

Price per share

$10.5

The price of each share of Class B Common.

How it works

Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg A+ securities offering by Aptera Motors Corp.. View the official SEC filing and all updates:
Official SEC Logo Form 1-A SEC.gov
Company documents
Subscription Agreement Aptera Motors Form 253G2.pdf Form CRS.pdf Disclosures & Disclaimers.pdf Additional Risk Disclosures.pdf

Bonus perks

In addition to your Class B Common shares, you'll receive perks for investing in Aptera Motors.
Invest
$1,000
Receive
  • One free preorder reservation (value $100)
Invest
$10,000
Receive
  • 5% discount on the final purchase of your Aptera, up to $2,500 value
Invest
$25,000
Receive
  • Tour of Aptera headquarters in Carlsbad, California and test ride in one of our development vehicles
Invest
$100,000
Receive
  • Lunch with our founders, Chris Anthony and Steve Fambro

About Aptera Motors

Legal Name
Aptera Motors Corp.
Founded
Mar 2019
Form
Delaware Corporation
Employees
81
Website
aptera.us
Social Media
Headquarters
Google Map location of of Aptera Motors
5818 El Camino Real , Carlsbad, CA
Headquarters
5818 El Camino Real, Carlsbad, CA, United States 92008

Aptera Motors Team
Everyone helping build Aptera Motors, not limited to employees

Profile picture of Chris Anthony
Chris Anthony
Founder and Co-CEO
Founder and former CEO of Flux Power, an advanced lithium-battery technology company. Has raised more than $100m in private equity, DPO, and grant funding for technology ventures. B.S. in Finance from the University of North Carolina.
Profile picture of Steve Fambro
Steve Fambro
Founder and Co-CEO
Venture partner and COO of Ocean Holding, an investment and development company dedicated to advancing the use of clean, renewable energy. Founder of Famgro; superefficient pesticide/ herbicide-free indoor food-production system.
Profile picture of Michael Johnson
Michael Johnson
Co-Founder
Venture co-founder, owner, and president/CEO of Esenjay Petroleum, an upstream O&G exploration company based in Corpus Christi, Tex. Co-founder, major shareholder, and director of Flux Power, a lithium-power provider.
Profile picture of Sarah Hardwick
Sarah Hardwick
Chief Marketing Officer
Founder of award-winning agency Zenzi. History of success collaborating with high-profile brands including Nestle, Chiquita, Crystal Geyser, AOL, DirecTV, and more. Savvy digital marketer, passionate community builder, driver of revenue and growth.
Profile picture of Jason Hill
Jason Hill
Chief of Design
Founder and president of Eleven LLC, a design studio whose clients include Subaru, IAT, WM China Motors, and SUNRY Automotive. First designer at Porsche’s American design studio; designed exterior of Porsche Carrera GT show car.
Profile picture of Akos  Feher
Akos Feher
VP of Engineering
Former VP of Operations at Shelby American where led the development of Shelby Mustangs. Prior to that, Akos lead the Hot Wheels Racing brand at Mattel. Akos holds a BS in Mechanical Engineering from UC San Diego, and an MBA from USC.
Profile picture of Jim Chyou
Jim Chyou
CEO of Asia Pacific Operations
With 30+ years of industry experience, Jim focuses on building strategic alliances in the Asia Pacific region to advance Aptera's efforts. Most recently, Chyou served as VP of Product Development at Chery Jaguar Land Rover in Shanghai, China.
4 more team members
Chris Anthony
Founder and Co-CEO
Steve Fambro
Founder and Co-CEO
Michael Johnson
Co-Founder
Sarah Hardwick
Chief Marketing Officer
Jason Hill
Chief of Design
Akos Feher
VP of Engineering
Jim Chyou
CEO of Asia Pacific Operations

Press

Aptera Motors is first EV maker to integrate Tesla chargi...
Automotive World Automotive World
·
Nov 30, 2022

Ultra-Efficient Solar Vehicles will Feature Newly Opened North American Charging Standard Solar electric vehicle (sEV) ma...

1000-mile Aptera solar EV will get Italian carbon-fiber body
Green Car Reports Green Car Reports
·
Nov 7, 2022

The Aptera solar-assisted EV will get a carbon-fiber composite body from the same supplier used by supercar makers, to ai...

Aptera names solar cell supplier as it begins panel produ...
Electrek Electrek
·
Oct 4, 2022

Solar EV startup Aptera Motors has just announced another major milestone in bringing its long-promised flagship model in...

Solar-Powered EV With 1,000-Mile Range Coming Next Year
CarBuzz CarBuzz
·
Sep 13, 2022

Electric vehicles such as the new Cadillac Lyriq are often touted as the way forward. Thanks to advancements in technolog...

Watch: Aptera Motors Unveils the Newest Version of Its 1,...
Yahoo Yahoo
·
Sep 12, 2022

Aptera Motors is taking the time to make sure it gets its first solar electric vehicle (sEV) just right. The California-b...

Average Electric Car kWh Per Mile [Results From 231 EVs]
Eco Cost Savings Eco Cost Savings
·
Oct 25, 2020

Find the average electric car kWh per 100 miles, along with the best and the worst. Plus see the costs, savings and how y...

Electric Vehicle Basics
NRDC NRDC
·
Jul 31, 2019

Going into our electric road trip through the Midwest, we were well aware of numerous benefits that electric vehicles (EV...

Aptera Announces Solar Cell Supplier: Maxeon Solar Techno...
InsideEVs InsideEVs

Aptera seems to have come a long way in the last year and now looks like it's on the home stretch to actually start produ...

Why Aren't More People Talking About Solar Cars?
Forbes Forbes

For those of you who are regular readers, you expect a question or conundrum to be posed and then hopefully followed by a...

1000 Miles Per Charge - What's 'Under The Hood' Of The Lo...
Forbes Forbes

The race is on to build the most efficient electric car. This alone is worth taking note of, as only a few years back, mo...

Aptera Gets $550,000 Crowd-Led Investment Round
Forbes Forbes

Aptera has successfully raised over a half-million dollars through the crowd-investing site WeFunder. Over a thousand peo...

Aptera Closes $4 Million Series A Round, Claims $250 Mill...
Forbes Forbes

Aptera Motors is slowly doing the things it needs to do to actually gets its quirky three-wheeled electric vehicles into ...

Aptera Electric Car Is Incredibly Efficient And Green, Bu...
Forbes Forbes

Aptera was an established electric car maker which never had much success with their early plans, but has roared back wit...

It looks like the Batmobile, works on solar energy, and c...
Washington Post Washington Post

Climate Solutions Warning: This graphic requires JavaScript. Please enable JavaScript for the best experience. The dream ...

Show all
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Aptera Motors

Aptera Motors successfully raised $1,726,578 from 1515 investors on May 22, 2024
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