Reply To: Thoughts on meeting European regulations

Aptera Community Aptera Discussions Thoughts on meeting European regulations Reply To: Thoughts on meeting European regulations

Aptera Community Aptera Discussions Thoughts on meeting European regulations Reply To: Thoughts on meeting European regulations

  • Joshua Rosen

    Member
    September 8, 2021 at 10:03 am

    As a practical matter I don’t see how they can think about exports for several years. Aptera has avoided raising huge amounts of money so that they can maintain control. Rivian by contrast has raised $10.5B and they are about to do an $80B IPO which will allow them to jump into all markets simultaneously, Lucid has raised a billion from the Saudi’s and another $4.5 in with their SPAC, which is enough for them to go all out. Aptera by contrast has raised pennies. In the next couple of years “export” for Aptera means anything out if California. They have to figure out how to provide service and how to provide test drives in regions outside of their own, that’s going to be a big task for them given how little money they’ve raised.