Aptera Motors Completes $9 Million Equity Raise, Shares Solar EV Production Update

Aptera Motors, a solar EV startup, has completed a $9 million equity raise, days after announcing its direct listing on the Nasdaq. The funds will be used to finish validating its solar EVs before production. The company aims to deliver SEVs to customers before the end of the year, despite concerns raised by its decision not to benefit financially from the listing. Aptera continues to push solar EV development forward, with its co-founders addressing the recent equity raise and its impact on production in a new video update.