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Aptera Motors shuts down, effective today; cites lack of private sector investment to match DOE commitment

Green Car Congress

Aptera Motors, the developer of an all-electric, three-wheeled lightweight aerodynamic vehicle ( earlier post ) is shutting down. Aptera executives had been engaged in exhaustive due diligence with the Department of Energy (DOE) pertaining to an ATVM (Advance Technology Vehicle Manufacturing) loan.

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Aptera delays 2e until 2010

Revenge of the Electric Car

Big changes at Aptera … more details ( plus official press release ) after the jump: Officially Official: Aptera production pushed back to 2010. Addressing the situation he said: “Right now my advanced work is a lower priority for Aptera. Officially Official: Aptera production pushed back to 2010.

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