Aptera Motors Corp.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Chris Anthony
- Full Time Employees
- 46
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- 5818 El Camino Real Carlsbad CA United States of America 92008
- IPO Date
- Oct 16, 2025
- CIK
- 0001786471
- Website
- aptera.us
- Similar Companies
- Business
- Aptera Motors Corp. (NASDAQ: SEV) develops, manufactures and commercializes solar electric vehicles with a focus on ultra-high efficiency transportation; the company offers the flagship Aptera vehicle, a two-seat three-wheeled battery-electric passenger car featuring approximately 700 watts of integrated solar cells for up to 40 miles of daily solar-powered driving under optimal conditions, 400 miles of EPA-estimated range per full charge on the front-wheel-drive model with a Vitesco Technologies axle motor, 0-60 mph acceleration in under 6 seconds, advanced aerodynamics with a low drag coefficient, lightweight composite body made from carbon fiber and fiberglass, and customizable battery and solar configurations starting at around $40,000. Founded in 2006 as Accelerated Composites and headquartered in Carlsbad, California, Aptera Motors Corp. relaunched in 2019 under original founders Steve Fambro and Chris Anthony following prior iterations' liquidations, operates primarily in the United States with production preparations including a validation assembly line in Southern California and partnerships for components such as composite bodies produced by CPC Group in Modena, Italy, and targets eco-conscious consumers seeking emissions-free personal mobility with over 48,000 pre-orders representing potential revenue exceeding $1.7 billion. Recent developments include a direct listing on NASDAQ in October 2025 enabling trading of Class B shares, execution of a $75 million equity line of credit facility in association with S-1 effectiveness, a $60 million convertible note offering led by US Capital Global in 2024 for low-volume production initiation, replacement of in-wheel motors with standard front-wheel-drive axle in 2024, demonstration of production-intent PI2 prototype in October 2024, start of validation line assembly in November 2025, a January 2025 partnership with Telo Trucks for optional solar panels on its MT1 pickup, and cumulative fundraising of approximately $140 million through crowdfunding and investors by April 2025 to support initial sales planned for 2026 and full-scale production by 2028.
Company News
Aptera Solar Electric Vehicle Exceeds Daily Solar Energy Target in Independent TÜV Rheinland Testing
Aptera Motors Partners with Launch Design to Accelerate Path to High-Volume Production
Aptera Motors Appoints Wellington “Duke” Reiter to Board of Directors
Aptera Motors Reports Second Quarter and First Half 2026 Financial Results
Aptera Orders Bodies and Chassis for Its First 40 Production Vehicles
Aptera Motors Partners with RepairPal to Bring Certified Service to Customers Nationwide
Aptera Motors Announces Closing of Warrant Inducement Transaction for $5.96 Million in Gross Proceeds
Aptera Motors Announces a Warrant Inducement Transaction for $5.7 Million in Gross Proceeds
Aptera Motors Receives EPA Certificate of Conformity for 2026 Launch Edition, Marking a Key Regulatory Milestone
Aptera Exceeds Solar Charging Expectations During Real-World Validation Testing
Aptera Motors to Participate in the Northland Growth Conference
Aptera Motors Reports First Quarter 2026 Financial Results
Aptera Motors Drives First Five Validation Vehicles Off the Line
Aptera Motors to Present at the Emerging Growth Conference on May 6, 2026
Aptera Motors Resolves Legal Matter with Zaptera USA, Inc.
Aptera Motors: Just Keep Selling
Aptera Motors Reports Fourth Quarter and Full Year 2025 Financial Results
How Aptera's solar-powered EV could change transportation
Aptera Motors Announces a Warrant Inducement Transaction for $6.3 Million in Gross Proceeds
Aptera Motors Announces Closing of $9 Million Public Offering