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Aptera Motors Reports Surging Interest, Funding, Preorders For 1,000-Mile Paradigm Solar-Electric EV
KEY POINTS
It is now backed by notable investors, including Sandy Munro of Munro & Associates
In just two months, preorders for the Paradigm already exceeded 7,000 units
The Paradigm, a 1,000-mile range solar EV concept from Aptera Motors, is a step closer to mass production. This comes after the manufacturer reported a recent growth of investors and consumers interest in the electric vehicle.
In one of its capital-raising activities, the company confirmed that it had gathered approximately $4 million in funding. This prompted the executives to announce that they can move on to the production phase sooner this year.
CaliforniaUnited-statesSan-diegoSandy-munroMunro-associatesAptera-motorsRobb-reportParadigm-plusTesla-modelLucid-airSorrento-valleyParadigmAptera EV Trike Gets Big Bucks, Inches Closer to Production
$4 million in Series A funding buys a lot of fiberglass, carbon fiber, and batteries for a three-wheeler that s claimed to offer 1000 miles of range.
That brings it closer to actual production, slated for the end of 2021.
The ultra-efficient three-wheeled two-seater promises 1000 miles of range.
Electric-trike maker Aptera finally has what it needs to really get going: money. Last week the company announced it had closed on $4 million in Series A funding. Aptera s continued momentum has now garnered it over 7000 vehicle reservations in just over two months, totaling a quarter-billion in orders, the company s news section read.
New-yorkUnited-statesSan-diegoCaliforniaLa-jollaSorrento-valleyAutomotivex-prizeApteraElectricTwo-seater1