Apterra Raises Another $40 Million


While solar on electric vehicles has been limited to countering vampire drain or adding just a few miles of range, Aptera’s electric car is so efficient that by fitting up to 700 watts of solar power you can add up to 40 miles of range per day by just parking it outside – add a starting price of just $25,000, and it’s enough to create a lot of hype.

We reported last week that Aptera managed to convert that hype into over 22,000 reservations for the vehicle. Now it just needs to bring it to production, which is no easy task for a small startup, but now it’s at least a well-funded startup.

The company announced that it has received $40 million in commitments for its latest round of crowdfunding:

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