Aptera Throws Investment Competition To Try To Survive

Australia News News

Aptera Throws Investment Competition To Try To Survive
Australia Latest News,Australia Headlines
  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

In a recent announcement, Aptera kicked off an investment competition. To get in the game, you've gotta invest at least $10,000 in the company. The prize? If you're among the top 2,000 investors, you get

, the company was careful to first detail just how ready it is to kick the vehicle into production and bring that revenue into the company .In a blog post, Aptera explains that it has been selected for a State of California grant worth $21.9 million. To get those funds, the company has to raise its own matching funds and spend those first, and then it will be reimbursed for that spending.

Aptera also says that once it reaches its funding goal, it will need about a year to start production, and that the longer it takes to get those funds raised, the longer it will take to get that year started and work toward production. But, this vehicle slot opportunity ends on March 27th, so it is trying to get investors to go ahead and get the money in ASAP.The most obvious perspective is Aptera’s own history.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

cleantechnica /  🏆 565. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rice nips Charlotte on late free throws, runs winning streak to 4Rice nips Charlotte on late free throws, runs winning streak to 4Besides posting a double-double of 26 points and 10 rebounds, Quincy Olivari broke a tie...
Read more »

Buffalo throws lion in air 'like ragdoll' after hunting calfBuffalo throws lion in air 'like ragdoll' after hunting calfWildlife photographer Mario Paul told Newsweek: 'After all was done, we just sat there in utter disbelief of what just unfolded in front of us!'
Read more »

Popcaan Throws a Blessed Up Party On 'Great Is He'Popcaan Throws a Blessed Up Party On 'Great Is He'The Jamaican singer’s fifth album is balances soothing and swaggy, motivational and moody.
Read more »

Video: Someone throws lit firework at police cruiser in downtown LAVideo: Someone throws lit firework at police cruiser in downtown LATensions briefly rose in downtown Los Angeles as demonstrators and protesters took to the streets to demand justice for Tyre Nichols, a 29-year-old man who died in police custody in Memphis, Tennessee.
Read more »

$6.6 billion-worth fintech Wise accused by rival of harming competition$6.6 billion-worth fintech Wise accused by rival of harming competitionWise was accused of harming competition in the money transfer market by delisting a rival, Atlantic Money, from its currency exchange comparison tool.
Read more »

StudioCanal Returns To UK Production Investment By Backing Strong Film & TelevisionStudioCanal Returns To UK Production Investment By Backing Strong Film & TelevisionEXCLUSIVE: StudioCanal is returning to the UK television production investment scene as it finalizes a deal with an outfit co-founded by a Vigil and Downton Abbey director. The French production gr…
Read more »



Render Time: 2025-02-25 23:00:57