Aptera’s 1,000-mile solar-powered EV is closer to reality than ever before thanks to interest from investors and drivers.
The San Diego-based startup behind the intriguing battery-powered three-wheeler, the Paradigm, recently announced that it accepted $4 million during its round of Series A funding. While that may not be much money for some automakers, it does move the company closer to production, which is scheduled to begin later this year.
Following the funding round, Aptera says it is now backed by crowdfunders, private investors and leaders in the auto industry, including Sandy Munro of Munro & Associates, Inc. “The industry needs more creative engineering like this to move forward,” the automotive engineering expert said in a statement. “I’m excited to help Aptera with their transition into production and beyond.”
But the company is not only seeing interest from investors. The same press release reveals that the company has collected more than 7,000 reservations for the standard Paradigm (which starts at $29,900) and the top-of-the-line Paradigm Plus ($46,900) since the EV made its official public debut in December. Although a breakdown of the models was not disclosed, the company said pre-orders total more than $250,000,000.
Even better, the vehicle can travel up to 45 miles a day (and 11,000 miles a year) on solar power alone, so you won’t even have to worry about charging it some days.
Aptera also announced that it has moved into a new production facility in the Sorrento Valley neighborhood of San Diego. It’s here that production of the Paradigm and Paradigm Plus is scheduled to begin later this year. The startup hopes to have 10,000 examples on the road by next year. You can reserve yours now through the Aptera website.
Aptera’s 1,000-Mile EV gets closer to production with millions of pre-orders and new funding