[50], Production and customer availability announcements, Last edited on 24 February 2023, at 22:49, Advanced Technology Vehicles Manufacturing Loan Program, "Exclusive: 3-Wheeled Aptera Reboots as World's Most Efficient Electric Car", "Aptera Motors Corp. | Electric Vehicles", "Aptera just closed a $2M private round! The Swedish battery cell manufacturer Northvolt wants to go public. Then they told me it had not been received and was sent back straight away. Best, Aptera Motors Investor Support. [34] At Aptera's Gamma prototype reveal on September 10, 2022,[35] Chief Designer Jason Hill said he expected the production intent prototype named Delta to be completed in November. Li-Cycle Holdings. The Los Angeles Times called trading that Tuesday "a frenzy the likes of which hasn't been seen on Wall Street since the go-go days of the 1960s.". Aptera is not yet publicly traded, although one of the founders took a lithium battery company public before he restarted Aptera. canva.com Consumer & Lifestyle. Aptera To Refund Deposits", "Unable to Raise Financing, Aptera Shuts Down", "Santa Rosa said to be home for reborn Aptera electric roadster", "New company set to resurrect the Aptera automobile", "330 MPG! New Frontier Media, which oversees nine adult-themed pay-per-view . The third vehicle, the Aptera 2e, was intended for production, but the funding required was not achieved. This lessens the need for power grid improvements for EV adoption and makes Aptera the first EV that is grid independent. . Operator of a solar mobility company intended to produce innovative, efficient solar-electric vehicles. Since then, the vehicle underwent a series of redesigns, including the addition of side mirrors and expansion of the interior space, however, retaining its three-wheel configuration and its aerodynamic teardrop shape. I consider timing is everything in the marketplace and the price of the product a close second. That efficiency allows Aptera to have a much longer range than competitive electric vehicles. By now, youre probably realizing that the next big milestone for eVTOL companies to hit is certification from the Federal Aviation Authority (FAA). Aptera has taken more than 3,000 orders for a new solar-powered EV arriving in 2021 that it says never needs to be charged. [22] The company's website features a calculator to estimate how often their owners would need to charge an Aptera, based on where they live and how much they drive. When the company announced the funding, it said it would start to sell its car by the end of the year. The reception, the number of reservations, the technical and patent IP, the lean manufacturing process, the timeliness (CAs grid issues) all conspire to give me the deep feeling this venture is going to succeed because we all need for it to succeed. The first mass-produced solar-powered cars are slated to roll off the assembly line . They plan to produce 1,000 vehicles in the first few months of production. Please confirm you want to block this member. [42] By that time, it was calling the "typ-1" the "2e". I wonder if it's still a good entry point today at $10.50? Although Publix is not a publicly-traded company, there is a Publix stock. Welcome to OurGlobal Community of Tech Investors. One reason I didnt is I dont know the POV of Aptera in this, especially since supply and demand may make for a possible profit when supply is so limited. For more information, please see our 9 Photos. In other words, you're only reason for a pit stop on a road trip will be for bathroom breaks. The first two vehicles were intended as concept cars for soliciting investment money rather than production vehicles. Discussing Aptera Motors, vehicles & company. Confirmation of receipt of funds is quick, I believe, even if the shares are slow to show up on Carta. The metric entry into service or EIS is the year during which the manufacturer expects to begin operating commercially. [12], In 2021 the company built 3 more engineering prototypes, revised the Aptera design to give it more interior room and an improved suspension, and raised over $39 million in funding. Will I even get my money back than or any return of investment? The intended listing is to take place in 2022 or 2023 and bring the company a valuation of 20 to 30 billion euros. [43] After successfully lobbying to change the regulations,[44] in October 2009, the company reapplied for a $184 million loan. Why the first uploads werent accepted. October 14, 1980 was a wild day at the stock market. In December of last year, a California-based startup called Aptera Motors started taking pre-orders for an electric car that's partly solar powered. Thats where were sitting with a new type of electric vehicle the electric vertical takeoff and landing vehicle (eVTOL). Not only have I reserved an aptera among the first few hundreds but I also just made my 5th ? Cash distributions decrease and are commonly dispersed quarterly. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. However in January 2023 the company revealed it's new plan for mass production needed more funds to purchase the tooling and equipment needed to start production. Being able to produce aircraft at scale and at an economically viable price point is just the beginning. Aptera is a company that seeks to address both those issues by providing an electric vehicle thats economical (entry price point is projected to be in the high $30ks) and has a 1k+ mile range on a single charge. At this time, Aptera Motors started to take reservations from residents of California for its pilot models then called the Typ-1e and Typ-1h. Cookie Notice New Supply Of Publicly Traded Stock Can't Fill The Gap. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company).In some jurisdictions, public companies over a certain size must be . The company folded before real-world crash test results were made. [42] Near the end of year, it hired Paul Wilbur as CEO, and Fambro stepped down as CEO and assumed the title of Chief Technical Officer. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. Please allow a few minutes for this process to complete. Joby has employed first-principles thinking and built everything from the ground up which means a lot more investment is needed and a lot more problems can happen. In fact, Buffett's Berkshire Hathaway ( BRK.A 0.51%) ( BRK.B 0.31%) owns roughly 39 million shares of USG's stock, which is a 26.7% stake in the company currently worth more than $1.1 billion . Jonway was a major investor in Zap Jonway, which had been working on electric cars in Santa Rosa since the mid-1990s. Ambri isn't available to retail investors right now since it isn't traded on the public stock exchange. The opening Rivian IPO trade was = $106.75. Legal DisclaimerThe offering will be made only by means of an offering circular. The SEC has qualified that offering statement which only means that the company may make sales of the securities described by that offering statement. If Aptera winds up being successful, they are going to go public. Thanks for reaching out to us about this! According to EHang, we passed that milestone a long time ago. Most of them are expected to close by Q1 or Q2 . The system gives you an error (wrong payment system) when you click the submit button. Three publicly traded eVTOL stocks expect to enter service in 2024 with varying degrees of likelihoods (probabilities assigned by SMG consulting). By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Its not necessarily about how good the Delta is going to be, but when will it be finally developed and the actual cost of the final product. [52] However, by mid-May the following year, those new Aptera companies had gone silent. As the world moves toward sustainability, clean energy is the way to go. Funds will be drawn from the following account in 1-2 business days: Name on Bank Account: 123. That was up . If, as the firm says, Lilium has about 18 months before its cash runs dry, then the rubber meets the road in 2023 when theyre expected to have a sufficient number of test flights for certification. Just because a new transportation method is lauded by critics doesnt mean society will adopt it. Reserve your Aptera for $30 off ($70 refundable deposit instead of the usual $100) by using this link:https://tinyurl.com/apterapreorderJoin our Discord Serv. And they took my money and said I couldnt invest and then told me they had returned my money which they hadnt and now say that my bank wont accept it when they try to return it. And think about that the fact that with everyday commuting, you may never have to plug it it. I asked for an explanation and just received this answer via email; Hello Randy, Thank you for contacting Aptera Motors Investor Support. Do to new banking regulations regarding Reg A investments, our escrow agent is no longer able to operate in Hawaii. An in-car touch-screen computer served as entertainment, navigation, and communication system. Minimize your risk withour stock research, investment tools, and portfolios, andfind out which tech stocks you should avoid. [48], On August 12, 2011, Aptera Motors started to return deposits from customers. Operator of a solar mobility company intended to produce innovative, efficient solar-electric vehicles. There is no shortage of great ideas being peddled out there by any number of publicly traded companies. The second report then went on to raise questions about battery technology and IP which seems too deep into the nitty-gritty. Its businesses include processing cereal grains, oil seeds, and agricultural storage and transportation. Some of the companies were woefully underfunded, while others produced or raised plenty of cash. Looks like well have to wait a few years to see whos right. You are right Shento I can see us easily making 10x in 24 months. Prior to the qualification of this Offering Statement, the company will effect a 30-for-1 stock split; all the share numbers in this Offering Circular, except in the financial statements and unless indicated otherwise, are on a post-split basis. Sincerely, Chris Anthony Aptera Motors Corp, Aptera Support (Aptera) Sep 21, 2022, 08:24 PDT Hi Deborah! Strategic agreements with Red Viking, Elaphe, and Yazaki are just a few of the supply-side agreements weve cemented to bring us closer and closer to a commercial launch. The resulting vehicle is estimated to require less than 100 Wh of energy per mile, making it about 2.5 times as energy efficient as a Tesla Model 3, with half the Model 3's passenger capacity but more cargo space than the Model 3.[20]. Globally, over 60 stock exchanges operate, 21 of which are worth over $1 trillion, constituting over 90% of total global market cap in August 2021. It also coincides with the year during which all the revenues come pouring in according to the glossy SPAC decks. They will respond to you within a couple weeks about your questions. Aptera Motors General Information. Aptera's first batch of 330 special-edition EVs sold out within 24 hours . Making it easier for everyone to do their part to keep our planet healthy for future generations. Funding. That would be good to know. [58], In February 2008, the Mk-1 was featured in an advertisement for Touchstone Energy Cooperatives. The theatre in Aptera, Greece was very important to public life in the ancient times. Learn more here. Bloomberg projects that Electric Vehicle sales will increase from 1.7 million vehicles in 2020 to 54 million by 2040. When you invest in a SAFE on Wefunder, it is a "Simple Agreement for Future Equity", implying the company will go public at some point in the future, if they are able to bring their product to market successfully. [51], In June 2013, Zaptera USA said it would split into two companies: the existing Jonway-owned Zaptera USA, and an independent Aptera USA; Zaptera would make the all-electric 2e and Aptera would make a gasoline-powered version called the 2g. If I may suggest, The invest portal is run by a contract company and not by Aptera itself, I and others have had difficulties getting items attended to by them on occasion. My second investment mid June 2021was to support the ongoing idea of what was accomplished thus far, by the end of the year I upped my investment to the level that APTERA offers 5% discount off your purchase of your vehicle. Anthony mentioned crash testing of the first production intent vehicles would likely be completed, and videos of them released, in the second quarter of 2023, so first customer availability would be soon after that time. 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