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Aptera takes BinC delivery, multiple production intent builds coming [Video]

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Startup Funding

According to a recent post from Aptera Motors co-CEO Steve Fambro, the solar EV startup has received a delivery of bodies in carbon (BinCs) from Italy. According to Fambro, the BinCs will be cleaned up and soon become Aptera’s next three production-intent solar EV builds.

Solar EV startup Aptera Motors continues to push forward toward its holy grail of scaled production and is another step closer in the process. After announcing it would end its crowdfunding campaigns, which garnered $135 million from over $17,000 investors, Aptera announced a partnership with financial group US Capital Global.

US Capital is leading a new investment round that includes up to $60 million in convertible notes of Aptera Motors Corp.

According to US Capital’s Aptera investor presentation, the $60 million will provide the startup with enough cash to build 10-12 validation prototypes, complete crash testing, and then manufacture 10-15 production intent vehicles that will be sold. Aptera has been teasing its production-intent buildsfor some time …

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