Aptera Motors Raises $2.2M

Bruce V. Bigelow

July 14th, 2011

Carlsbad, CA-based Aptera Motors, developer of a teardrop-shaped three-wheel electric vehicle called the Aptera 2e, has raised more than $2.2 million in equity and rights, according to a recent regulatory filing. The cleantech automaker, which has been awaiting a key federal loan guarantee from the U.S. Department of Energy, said in May that it plans to move its manufacturing operation from Oceanside, CA, to somewhere east of the Mississippi River. Aptera Motors has raised $44 million so far from investors that include Google and Idealab, according to VentureWire.

Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow