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Electric vehicle enthusiasts are eagerly awaiting the first fully solar-powered vehicles to reach consumers, but the industry has faced several challenges as solar EV startups rise and fall. However, as reported by Electrek, a company called Aptera just secured a major investment with a Tier 1 battery supplier, giving the company a big boost and great optimism for the future.
According to Electrek, Aptera is still developing an impressive-sounding EV that the company describes as “the most efficient vehicle on the planet.” But the company, which went bankrupt in 2011 and came back from the dead in 2021 (as described by The Verge), seems to be stuck in the prototype stage forever.
Now, it hopes that an investment and battery supply agreement from South Korean battery maker Creative Technology & Surprise (CTNS) will help overcome the difficulties.
CTNS CEO Ki-jeong Kwon said, “We believe this is an important moment for CTNS to become a future unicorn in the global market, and we sincerely thank Chris Anthony and Aptera Motors for being partners in this journey. “, he said at the signing ceremony. in Seoul, according to Electrek.
Chris Anthony, co-founder of Aptera, commented, “We were delighted to invite CTNS as an official partner of Aptera Motors and were very impressed with the enthusiasm and spirit of the Korean startup.”
Aptera’s news may have come in the nick of time. As of last year, the startup was cash-strapped and his crowdfunding campaign reportedly put him in trouble with the SEC.
Many of Electrek’s commenters have been following the Aptera story for years and were cautiously optimistic about what this news means for the company and the future of solar-powered EVs.
“This is exciting. I wish Aptera the best of luck and really hope they succeed in bringing their product to market, even if it’s a niche vehicle,” one commenter said. writing.
“I don’t have a good read on Aptera. They have a pretty vocal and supportive investor, early bird group. … I hope they turn the corner because their car is interesting.” And it would be great to see some kind of rendition. Even if it’s a limited edition,” another person wrote.
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