Aptera Resubmits Application for Federal Manufacturing Loan For 3-Wheeled EV
By John O'Dell October 30, 2009
President Obama has, as expected, signed a bill extending eligibility for federal Advanced Technology Vehicles Manufacturing Program loans to certain fuel-efficient, three-wheeled vehicles, and Aptera, for one, isn't wasting any time.
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Aptera 2e prototype being tested early this year.
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The Southern California-based vehicle developer and would-be manufacturer of the three-wheel, wingless-aircraft shaped Aptera 2e, said it is updating its previously rejected application for a $75 million loan from the program that would help finance its anticipated 2010 manufacturing launch.
Aptera 2e prototype being tested early this year.
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The company said it has received more than 4,000 advance orders for the battery-electric 2e version of the unique-looking vehicle.
Aptera has said that in addition to the two-seat battery-electric model, it plans to build plug-in hybrid and, possibly, gasoline-fueled versions and four-seat models with hybrid and EV powertrains.
Initial pricing of the Aptera 2e is $25,000, rising to as much as $40,000 with various options including other powertrains as they are added to the lineup.
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