Aptera Motors Corp

Aptera Motors Corp. (NASDAQ: APTERA) is an electric vehicle manufacturer headquartered in Carlsbad, California, with a mission to create the most efficient transportation on the planet through solar-powered, battery-electric vehicles. The company's website is www.aptera.us.

The company develops and produces the Aptera, an energy-efficient three-wheeled vehicle designed with integrated solar technology and advanced aerodynamics. The Launch Edition model features a targeted range of up to 400 miles on a single charge, with approximately 700 watts of embedded solar cells designed to provide up to 40 miles of daily solar-generated range under optimal conditions. The vehicle is engineered to consume approximately 100 watt-hours per mile, roughly one-third of the current industry average for electric vehicles. The Aptera is classified as a three-wheeled motorcycle under federal regulations and qualifies as an autocycle in most U.S. states, allowing operation with a standard Class C driver's license.

Aptera was incorporated in March 2019 and has completed numerous product development milestones, including substantially finishing production-intent vehicle design, establishing a supplier network, building nine drivable prototype vehicles, and assembling validation vehicles using production-intent parts. The company has amassed over 49,000 vehicle reservations and completed a direct listing on Nasdaq in October 2025. As of December 31, 2025, Aptera employed 46 full-time employees.

The company employs an asset-light assembly strategy, sourcing major sub-assemblies from specialized global suppliers while maintaining proprietary expertise in solar integration, advanced power electronics, and vehicle software. Strategic partnerships include collaborations with Chery New Energy for supply chain support, LG Energy Solution for battery cells, and Mitsubishi Chemical Group for carbon fiber composite materials. Aptera operates from a 77,000-square-foot leased facility in Carlsbad that houses corporate headquarters, research and development, engineering operations, and vehicle prototyping and validation activities.

The company intends to utilize a direct-to-consumer distribution model and plans to commence low-volume production with a goal of delivering first customer vehicles in 2026, contingent upon securing additional financing.