Get all your news in one place.
100’s of premium titles.
One app.
Start reading
InsideEVs
InsideEVs
Technology
Dan Mihalascu

Aptera Previews Launch Edition, Needs $50M To Start Making It

As promised earlier this month, Aptera has released full details on the production-intent Delta, the fourth and final phase of the solar EV product development.

In a webinar presentation on January 20 (you can watch it above), the startup released new information on its solar electric three-wheeler, which is expected to enter production before the end of the year in Launch Edition configuration.

As the first series of its maiden production vehicle, the Aptera Launch Edition based on the Delta production-intent car will have an identical configuration for all customers, which should help speed up production. 

The vehicle has a 400-mile (643-kilometer) range battery pack, an integrated solar package of up to 40 miles (64 miles) of solar charge per day, three in-wheel motors offering all-wheel drive capability, and the Tesla charge port (NACS).

Thanks to its unique shape that enables a drag coefficient of just 0.13, ultra-lightweight and ultra-strong materials, the Aptera Launch Edition is said to need only a quarter of the energy to slip through the air compared to other electric and hybrid vehicles on the road today.

Gallery: 2024 Aptera Launch Edition

Live in Southern California? You many never have to plug in

Equipped with roughly 700 watts of proprietary solar technology, the Aptera Launch Edition can drive without ever charging from the grid, as long as the user is based in a location with very high sun exposure like Southern California and covers a daily average of 29 miles (46 kilometers).

In a location with medium sun exposure such as New York or Chicago, Aptera says users will only need to plug in roughly three times per year.

And when solar energy is hard to come by, any standard power outlet in the world can be used to charge the Aptera Launch Edition. For example, when plugged into a 120V outlet, the vehicle charges at over 13 miles (21 kilometers) per hour or roughly 150 miles (241 kilometers) overnight.

Using a 240V outlet, the charging speed is 57 miles (91 kilometers) per hour. There's no mention of Level 3 DC fast charging, and that's because the Aptera team believes the vehicle doesn't need it, at least not at the moment.

When it comes to performance, the Launch Edition does zero to 60 mph in 4 seconds and reaches a top speed of 101 mph (162.5 km/h). Aptera also revealed that the Launch Edition offers 32.5 cubic feet (920 liters) of cargo space, which is not bad at all when considering the car's size and teardrop shape. 

The company needs at least $50 million to start production

It all sounds great so far, but Aptera co-founders Steve Fambro and Chris Anthony noted during the webinar that the delivery timeline depends on the company securing necessary funding.

"While our delivery timeline is funding dependent, our goal is to begin production by the end of 2023. Once we meet our fundraising objectives, we will be able to provide a more accurate delivery timeline."

Chris Anthony, Aptera Co-Founder and Co-CEO

Aptera needs at least $50 million in additional capital this year just to start production of its solar EV. That's a lot of money considering Aptera has raised $85 million to date from over 15,000 investors, including previous crowdfunding campaigns.

The company claims to have over 40,000 reservations and is planning to build at least 5,000 Launch Editions. Provided that proper funding is secured, Aptera then aims to scale quickly into full-scale single shift production of 10,000 vehicles per year.

From there, Aptera plans to expand its output to 20,000 vehicles per year from two shifts at its Carlsbad, California facility. Further down the line, the company expects to have seven different assembly plants in operation by 2028.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.