Aptera Motors Online Roadshow Presentation | October 15, 2025
Hey everybody, welcome to our investor presentation. I’m Chris McCammon, head of marketing. I’m here with uh co-founders and co-CEOs Chris Anthony and Steve Famro. Hello. All right, I’ll give you that. We’re swapping the mics here. Swapping the mics. So, we’re we’re here in New York, big city. Exciting days. Yeah, looking forward to tomorrow. All right, so first I’m going to read a forward-looking statement. So this presentation contains certain forward-looking statements within the meaning of the Securities Act and Exchange Act. These statements include those relating to the company’s product development, market opportunity, competitive competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities, and other statements that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts, and projections about the industry and markets in which we operate and management’s current beliefs and assumptions. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties and other factors which may cause actual results performance or achievements to be materially different from any future results performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the company’s filings with the SEC, including the registration statement on form S1 declared effective by the SEC on September 30th, 2025. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this presentation. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Phew, we did it. It’s a mouthful. Um, all right. Awesome. All right, guys. Well, we’re here in New York. Uh, which one of you wants to tell me about Aterara’s mission? Well, our mission is pretty simple, and that’s to make every journey powered by the sun. Uh we do that through our solar intellectual property and also by embracing extreme efficiency, lightweight and low drag aerodynamics. Those two things u enable our journeys to be powered by the sun. Awesome. Uh so what’s the problem we’re trying to solve? You know, really modern transportation today is dirty and inefficient. Um, it saddens me to be on the freeways in California and see so many boxy, inefficient, sometimes loud vehicles driving around me, knowing that most of the energy they’re burning in their combustion engines is not going to propel their vehicles forward, but is just wasted in heat and blowby and emissions and things that that just aren’t productive. um you know so much science and advancement and technology around us you would think that modern transportation would look a lot different now uh but it really doesn’t and uh we we we think there’s a solution yeah so what is our solution to modern transportation is a solution solar powered EVs um when you when you produce the fuel on the vehicle then you’re not worried about where it comes from it comes from the sun that’s it there’s no further discussion uh you don’t have to worry about anything else, right? So, what does Appara provide that nobody else does? You know, it’s really enabled by efficiency and um you know, our ethos from the beginning uh from the first time I met Steve was, you know, how do we make the most efficient vehicle possible? And um he had an amazing amount of books on the subject uh and had done a lot of research uh to determine that really aerodynamics drives everything. and we started talking through it and I was just struck by Steve’s brilliance um and how this idea could really change the world and change how people think about transportation. But it’s not just aerodynamic efficiency, it’s also the weight of the vehicle, the efficiency of the powertrain. It’s the whole package that enables solar mobility. And um you know, I remember uh sitting down uh at uh at at Steve’s kitchen table and looking through some of the first design books that he had on what an aerodynamic shape would really look like. Uh and we kind of narrowed in on the cambered body and uh decided, well, this this could seat two people side by side comfortably, and this seems like something that we could, you know, package in in into something that could be really mass market. Uh so so how do we do that? you know, we we we we started drawing. We started playing with clay models. We started getting CAD models put together. Uh the first big check that we wrote as a company, $17,000, went to NASA Langley to do the first aerodynamic analysis. Uh and it was just amazing to see NASA come back to us and say, um we don’t understand, uh the results from our computational fluid dynamics. They they seem anomalous. Can we get on a phone call with you guys uh and talk about it? and Steve and I sat on a conference call with six NASA engineers uh and explained to them what ground effect was and how the shape I was beside myself. I mean, we hired them to tell us why it was so low drag. Like, they’re supposed to be the experts, not us. But we knew we were on to something at that point and it was really off to the races to design something super efficient that could go really far on every drop of energy that you put into it. Awesome. So, what are some of the benefits when you produce your own energy on the vehicle? Um, Chris, you uh, you know, solar energy really gives you the freedom to travel wherever you want to go. Um, this is an interesting picture. You know, it’s cool to think of the Upterra being a vehicle that you could take out 200 miles to your favorite camping spot, uh, camp for a week and actually create more energy and put it back into the Upter than you left with. So, a vehicle that creates its own fuel is just something that’s never existed. It uh you know, it untethers you from the grid, from the responsibilities of charging every night, from the responsibilities of having to you know, stop at a supercharger for a lot of trips. Um, and you really gives you the freedom to think about your transportation in a very different way, right? And speaking of all the solar power, I think it’s much more important uh than people realize. Well, solar power isn’t just an add-on. you know, for our vehicle. It’s the key part, it’s the largest part of our intellectual property portfolio. And uh by creating this new segment of vehicle that’s not quite a car, but it’s solar powered. Um and it’s really the first one to be that. It’s um there’s really nothing else like it in the marketplace. So people ask, well, who are you competing against? We’re competing against no one. There’s no one else in this category. Um and and solar is the true differentiator, right? Uh well, how could Acta change the world with this solar energy? Uh you know, the impact that this vehicle could have is enormous. Not just in the miles of free driving that is provided, um the uh the the amount of savings uh that people will see not spending money for those miles. Uh but also in the amount of emissions put into our air, the the clean air um you know that our children breathe, that our grandchildren will breathe. Um and the amount of stuff that we take out of the ground uh you know building the vehicle in such a lightweight efficient fashion means that we pull less out of the ground in terms of um aluminum and copper and magnesium and the things we build the body structure with. Uh but you know moving vehicles with petroleum means a lot of that has to come out of the ground. It has to be refined. uh to think that this vehicle could have a global impact that it could with a million appear on the road is is quite exciting and we think that you know uh we can really change the world by putting as many of these on the road as possible 100%. All right now let’s talk about the company Aptterara not just the vehicle Appara uh so why does Apttera exist and what have we built together? Well, a terra exists to do more, right? We we do more with less. And that’s not really a cliche. It’s about going further with a smaller battery pack. Uh having a structure that weighs less. All of those things enable uh really great efficiency and and lots of range. You know, we’ve built a missiondriven community. Uh an amazing amount of people that are following us on social, a million plus. Uh having close to 50,000 reservations now is quite exciting. uh and you know as we look to list the company on the NASDAQ tomorrow having over 20,000 existing investors uh is just amazing. Um you know we’re we’re scalable and capital light getting this vehicle to production um is just a much easier task than what you’ve seen in in other bigger automotive programs. Uh and we’re really building a new category of transportation. A vehicle that produces its own fuel just hasn’t existed. uh something that can take care of most your daily driving with just the power of the sun really enabled through lightweight aerodynamics. Um and you know it’s something that it would be really difficult for somebody else to to step into right. Yeah. How has the vehicle been received in the EV landscape or how many orders we got? What we what are we dealing with here? Yeah. Uh close to$2 billion dollars um in reservations now. Uh is exciting to think about delivering on. Uh, and you know, we opened up our accelerator slots. Uh, thank you to all those accelerators who are listening out there. Uh, it was amazing to have, you know, an average investment of over $20,000 uh, for each of those slots. Uh, so getting this vehicle into people’s hands uh, is really the mission now. Uh, we know that people want them. Uh, we have a passionate community that’s excited to get them and drive them and show their friends uh, and spread the terra love. Um, and now it’s all about just getting the vehicle built. Totally. All right. Well, let’s talk about our manufacturing model. I think that’s pretty innovative, too. Yeah. Most people don’t realize a typical automotive body structure, they call a body in white, has about 200 steel parts, and they all have to be stamped and fixtured and welded together. And that’s a lot of tooling. That’s a lot of inventory, a lot of part management. Aera has about six structural parts. So, we have a much lighter capital structure because we have less tooling. We have less tooling because we have fewer parts. Um, and so that’s just one example of how this vehicle is built differently. It’s also made from forged carbon fiber, not the kind of stuff you think about with airplanes or race cars. It’s very laborious and high labor content. This is stamped out every few minutes just like a high volume part, a high volume steel part, except it’s lightweight and it’s carbon or fiberglass. Uh so we’ve got a a very capital-like model that lets us copy and paste this kind of production facility anywhere in the world in a leased building without having to do a lot of special input to the building at all. So it’s a it’s a new way to make a vehicle. It’s a simpler way to make make a vehicle and it’s something that once we demonstrate here in Carlsbad at scale, we can copy and paste anywhere in the world where it makes sense to do so. Right. Yeah. Uh so we have some great partners too to make this happen, don’t we? Yeah, I mean you see we’re Aera from the beginning has really become a global company. You know, we started the company uh in the height of COVID and that forced us to work with partners worldwide. Uh Co-Stamp Group and CPC Mitsubishi um are are instrumental for the structure and for the body. U Max of course without them and their their fabulous solar cells and the Gen 7 we wouldn’t have the solar electric vehicle. Um Chris you can speak to some of the other partners. Yeah, LG Energy Solutions for the battery cells uh help us make one of the most energy dense battery packs uh in the industry and it’s exciting to see that program uh come together with CTNS uh in Korea. Um and you know a lot of our other design partners along the way uh Rous Performance uh helping us with a lot of tasks uh to make this vehicle uh not just the most efficient vehicle in the world but also very efficiently manufactured. Right. Uh let’s check out the leadership team that works within Aftara to make this uh mission a reality. We’ve got a great group of uh individuals with Steve and myself. Uh Tom’s here uh with us and hopefully we’ll be answering uh questions a little later. Uh but he’s helped several companies go public uh you know as CFO of Ricardo uh and helping Monster.com through their IPO process. Uh Blake Ryan is also our VP of finance who unfortunately couldn’t make it uh to uh New York uh because he and his kids are sick, but uh but he’s worked very very hard to get us here. Um so uh so we miss him here. Uh but but send him our best wishes. Uh and Tim Dy coming to us from some other bigger companies and awesome uh automotive programs. uh has been a great lead in getting this validation started. And a new hire uh Leon um our new um VP of engineering uh comes to us with a wealth of experience in in getting startups to volume production uh and seeing companies from a very young age to uh to stable and producing many many vehicles which we hope to be um u in suite with too. I think we’re announcing our our directors for the first time in this slide so it hasn’t been public yet. So, we pleased to announce Tony Kerton and Todd Boots as um pronounce his name. He um both you know Tony comes from a seale automotive marketing side uh and Todd has a wealth of experience in manufacturing and finance and uh both of these I think the key takeaway from all of these folks is that an idea you know the founders an idea is one thing but it takes a real team to bring this into reality both on the financial side on the engineering side on the production side and I’m pleased to say that we’ve been very good at hiring people much smarter and much more capable than ourselves. So, yeah, I’m there, too. Yes. And um awesome. Well, now let’s talk about our uh first product, our three- wheeled solar EV. Um so, how does Appera use efficiency and aerodynamics as a strategic lever? Well, when most people don’t know this, but the the marketplace has already selected for efficiency. When Chris and I started the company, we looked at about 10 years of sales data and to us the data were very clear when we we looked at it through all different ways through mat lab and we saw clear trends that told us that the customers are selecting for efficiency by buying the highest range vehicles but with the most affordable cost. Um those vehicles to deliver that have to be very efficient. And so that told us that if we could maximize efficiency uh meaning more range for the fewest amount of dollars that we could really make a dent in the marketplace. And so by by having such an efficient vehicle, we use a much smaller battery pack. And battery packs are the most expensive part of the EV. So we use it as a strategic lever efficiency aerodynamics uh to make the vehicle structurally lower priced. Yeah, we’re having a lot of those conversations uh here in New York now. Um you know, how are we going to make this vehicle super mass market uh and through efficiency, you know, comes lower cost, uh less materials used in the vehicle, uh much cheaper battery pack. You can also think of the drivetrain having to do much less work uh for a much lighter uh much more efficient vehicle. And uh that that really helps us um you know all around with making this product very very compelling not just but from a performance perspective uh but also from a cost perspective. Um you know you you put all that together and we end up using about a third of the energy per mile versus the average EV and we weigh about half of what the average EV weighs. So uh less materials in and less materials used per mile of driving. Yeah. Totally. And uh also has a lot of trunk space, which is pretty awesome. You can fit a lot back there. Yeah. 32 feet or for those in Europe, 1,000 liters of storage space is quite a lot. I mean, if you’re looking if you’re able to see the animation playing on on YouTube, I mean, look at all the stuff you can put in this thing. It really is deceiving. You might look at it and think it’s a smaller vehicle, but you open up the trunk, it’s pretty amazing. Some of the stuff that you can put in this truck, you can’t put in the trunk of comparable EVs. You have to fold down the rear seats in order to do so. So, guess what? With most EVs to get the same storage space, you still end up with a two-seater because you have to fold down the rear seats to get the same amount of space. Totally. Um, and yeah, the vehicle looks really unique. I know our community always asks about asks about safety. Um, is designed for safety? Uh, it it very much so is. Uh, it’s one of the first questions that we get and, you know, we want this to be the safest uh thing that we can design. Um, you know, I want my kids to be able to drive this. I’ve got a 14-year-old who’s uh in high school now. Um and you know from from my mom to our kids uh to our loved ones, we want the Upterra to be safe. We achieve this really through um a lot of stability um in re in our vehicle. The low center of gravity helps with having the battery pack uh slung very low in the vehicle, but our composite structures um you know carbon fiber steel reinforced uh gives us great overall vehicle body strength. And we’ve got things like crumple zones inside impact protection along with airbags and seat belts which you know make this a very very safe and compelling offering. Totally. Well, let’s circle back to the solar power. Um I mean how impactful is that if you were a future customer? Uh you know in sunny locations it’s amazing to think of this vehicle providing over 10,000 miles of free driving to each owner per year. That’s a thousand miles per month in the summer. Uh, which is crazy. Just uh just just amazing. Um, you know, from a from the grid’s perspective, uh, you know, having less stress on the grid is an amazing attribute of the EPA. Um, lots of conversations around how do we spread EV adoption in general. Uh, you know, California had an all-electric vehicle mandate by 2035. Uh, and that means that there’s going to be a lot of electric vehicles charging in California. Uh other states have uh similar ambitions. Um you know, California is not ready from a grid perspective to have that many EVs charging uh on its grid. Uh there needs to be a better way. Uh and Atera is that way. Uh if all of your vehicle charging comes from the sun, uh you don’t need to stress the grid. Uh and if you do end up driving more than your solar power is producing, you can plug it in with a 110 extension cord in your garage. You don’t have to have any fancy charging infrastructure. uh and you can get over 150 miles a night back into your upterror, which is uh which is pretty pretty cool. And most most drivers may not be focused or worried about whether or not they’re stressing the grid, right? But it removes the friction from owning it. So in my household, I have three EVs and I have two chargers and we’re still, you know, playing musical chargers with all the vehicles. So to have one of those EVs I just don’t have to charge, I don’t have to think about. I just park it in the sun and drive it and like it really removes the friction from owning an EV. And because we’ve worked so hard on integrating solar, we’ve created a lot of intellectual property around it. And that’s uh that’s meant uh you know new possible revenue streams in the future and working with a lot of uh new great companies on this technology. Totally. Yeah. So let’s uh summarize the difference that Atera provides to the overall marketplace. that you put it all together from a product perspective and you end up with something that can have a range of up to 400 miles, something that needs not charge for most daily driving, uh, and something that would be really difficult for others to copy because of the technologies uh, we’ve wrapped up in this over the last few years. Awesome. All right. Well, let’s switch gears to other products. Uh, let’s first talk about our solar business. Um what are the other solar businesses that Aterara is involved with right now? Well, Abtera has been already shipping product uh to its its first uh paid solar customer, Poly Drops. Uh we’ve developed a product for them that’s built on our same assembly line as a production panels using the same materials, same mostly the same processes. So, it’s able to utilize all of that same capital. Um and we ship I think weekly to them. We’ve even developed a reusable dunage as they say. So the panels go there and then the dunage comes back and we load it up with new panels. And the feedback has been fantastic. Customers love it. Um it provides such an abundance of solar power on this camper that they can run the air conditioner, the Starlink, the little inductive cook stove, and everything else. So it’s really transformative from a user experience to be able to go somewhere and not have to be tethered plugged in. You know, you’re getting your energy from the sun. Uh, Polyrops is one of our customers. We have a pilot project with a very uh large airline that’s in operation right now. It’s been in operation for over a year. Uh, pushing back airplanes every day, completely powered by the sun. Uh, and we’re going to be moving to another phase in that project. I believe we can discuss at some point in the future. Um, and we have other customers that it’s public that we’re working with like TLO and a few others. TE, excuse me. um I’m going to hear from them about that. Um basically integrating not only our panels but our ecosystem of high voltage connectivity and and the smarts of how to integrate this power into these other solutions which is what our team has. Totally. Yeah. And we also really have the opportunity to dominate the three- wheeled vehicle industry. Um what would that look like in other applications? you know, as a platform, uh, we’re really amazing, um, you know, as a consumer product that, you know, can save people money, can save people time, can do better for the environment, their communities. Uh, but when you look at commercial applications and beyond, um, it really all comes down to total cost of ownership and cost per mile. Uh, and the Atera just knocks it out of the park when compared to any combustion vehicle, uh, and electric vehicle out there. So making more variants on this three-wheel platform using our same battery tech, using our same controls tech, using basically the whole vehicle uh platform architecture. Uh we can stretch the rear storage. We can uh take things uh you know like package delivery uh food delivery uh security uh take the passenger seat out and put put a toolbox there. Uh and now you’re you know taking care of plumbing and construction and all sorts of things. uh the standard vehicle, you know, you can fit half sheets of plywood in the back, you know, and if we stretch that, uh we could offer even more utility. So, I’m really excited about the future of stretching this vehicle platform into other applications where total cost of ownership really really matters. Uh and I could see a future where we’re building a lot a lot of commercials. Absolutely. All right. Now, let’s talk about our financial plans uh to get the vehicle into production. Uh so let’s check out the different gates we got. Yeah, we’ve been uh talking about our plan uh for quite a while now. Um it hasn’t really changed on this slide. Uh but it’s really that the next $65 million of spend uh will get us into low volume production. Um you know that validates the the full vehicle build uh the production methodology uh and starts delivering uh vehicles to customers. um you know that that amount comes from a lot of different uh financing um whether it be from equipment financing to debt uh to equity offerings uh and obviously we’re excited about uh listing on the NASDAQ tomorrow and that being a real enabler uh for this and beyond. Uh and moving past that it’s really all about high volume production which is automated assembly mostly. It’s uh how do you take the the proven processes that you’ve done in low volume uh and then really uh kick things into high gear to start delivering uh not just thousands but tens and tens of thousands of upterra uh and getting us to that million vehicle goal uh in the next decade. Awesome. Yeah. I noticed APA is now a public benefit corporation. Uh can you explain why and and what that means? we are um you know our communitydriven approach uh has really been something unique uh but not just to us uh but to the world of tech uh you know to have such a following um you know so early on in a company’s existence uh was just amazing not just from the funding benefits uh but also how we’ve you know received comments on how we’re we’re building the vehicle and had events and you know being able to talk through you know different features that we wanted to add to the vehicle you uh to support our community to the real impact that we could have uh you know not just here but globally and that really led us to the belief of you know what why aren’t we um codifying this mission to bring solar mobility to the masses in a more official way. Uh and that’s what a public benefit corporation does. You know it it really puts uh purpose over profits and um you know it’s our obligation to the environment. It’s our obligation to our community. It’s our obligation to our employees uh and yes our shareholders uh to make this company the best it can be um you know over the coming years and deliver as many vehicles as possible driven by the mission to make the environment better u make our community better um and you know really bring um you know this amazing technology to the masses. Totally completely agree. Uh so what are some of the key takeaways uh from this presentation? Well, as we talked about it before, Appera is here to do more. Um you know, we’ve got an amazing team. Uh we’ve got awesome tech. Uh and we have, you know, all the pieces put forth to bring solar mobility to the masses. Um you know, solar becoming a reality for transportation, uh can make the world a better place. And it’s amazing to to be on this journey with so many supporters. Uh we’re here in New York getting ready for this NASDAQ listing tomorrow. It’s going to be terribly exciting. Uh we’ll we’ll get the the fanfare. We’ll we’ll get the confetti. Um and you know with everybody that’s listening to this call’s help uh through SEV uh we can all build a brighter future. Awesome. I love that. All right. Well, now we’re going to start uh with a Q&A section. Uh people submitted questions ahead of time and we’ve uh kind of collected all those questions and uh selected a couple that we’re going to answer here today. Um so do you want to introduce Tom? He’s going to answer the first couple. Uh Tom’s here with us, our CFO, and he’s going to tackle some of the uh more challenging uh questions we got uh on the finance side of things. Thanks Chris. Thanks for introducing me. Cool. So the first question is uh when will Aera begin production? We get that one a lot. We do. We certainly do. Well, Chris covered our funding goals earlier in the presentation and production timing is very much validation and funding dependent. So, right now we’re focused on advancing those milestones, but in bigger ways than we’ve ever done before. Um, executing our equity line of credit agreement, for example, was kind of the first step in in doing that. Awesome. Uh, all right. Next question is, how does the ELOC work? So, it goes right into that one, I guess. Yeah, very good. Very good. Um, an ELOC is basically a volume based uh instrument where we have the ability to issue and sell new shares to our partner New Circle at a 3 to 4% discount in order for us to be able to raise money. It’s it’s really similar to an at the money or an at the market offering that’s used by a lot of other seasoned SEC issuers. Cool. Um, how does the new circle capital facility enable production? So, the the facil the facility offers us the ability but not the obligation to sell shares into the market to raise near-term capital, but it’s it’s really intended to access the or we really intend to access the facility strategically um for near-term capital. But I also want to point out that it’s just one of the mechanisms that we’re pursuing to finance the production for the vehicle along alongside other equity and and potentially debt offerings. Awesome. All right, I think last one for you, Tom. Uh, someone asked, “Will I be able to buy shares tomorrow?” So, the short answer is yes. Yeah, absolutely. Um, I do want to let everyone know though, however, because we’re direct listing our shares, um, we’re expecting a delay in the start of trading tomorrow morning to allow NASDAQ to collect enough order flow for trade settlement. So, while you won’t be able to maybe purchase shares at market open tomorrow, you will certainly be able to later in the day. Awesome. All right. Thanks, Tom. Welcome. I’m sure we’ll see more of Tom in the future. All right, we’re gonna go back to Chris and Steve. First one is, uh, what performance results can you share from our validation? Well, uh, I think in maybe two months or so, we’ll be able to release more substantive data than we have right now. Uh we’ve done a big uh road trip a few months ago and we we publish information about that, but as you know, we’re still undergoing vehicle validation and uh and validating all the different systems. It’s awesome to see the vehicles driving every day and collecting data um you know doing uh suspension um tuning and uh calibration on all the systems. And you know, as we get uh further and further down the validation process, we’ll be able to share some exciting updates. Awesome. Uh a lot of people asking why FAR has been quiet for the last few months. Um yes. Uh the public listing process is is is an arduous one. Uh for sure, it’s taken a long time to put all of this together. Uh and we would have loved to just continue sharing information as we had been the last two years. Uh but now we have new rules and regulations to follow. Uh we have to be much more judicious on how we share information and what channels we share information through. Uh so you know we’ve we’ve we’ve done that in accordance uh with all the guidelines uh to to get to this point. We’re ready to list the company tomorrow. Uh and that has meant you know a quiet period uh and slowing down information uh and releasing it through uh you know um different channels in a more judicious way. So, uh, we apologize that, uh, it seems like we’ve been quiet. We’ve had a lot of of news to share. Uh, and that means that, you know, we kind of have a backlog of stuff, uh, to share going forward, uh, which is exciting. But, uh, but yeah, it’s been, uh, it’s been it’s been difficult to push information the last few months and, uh, we hope that that starts to ease up very soon, right? Yeah. So, kind of in that same vein, you know, people are asking, will we resume regular updates and community communications? I think 100%. Yeah. Now, now that we have uh new rules to follow, we know what those rules are. Um and it it may not be the same cadence as we’ve had before uh because we may have um you know news that has to go through compliance and be reviewed or we have to you know push it through a certain channel. Um so the cadence may not be um you know as uh as as regular as it has been in the past, but there’s going to be a lot of exciting things happen as we inch towards production here. um you know all the validation uh that’s going on, all the testing that’s going on, more and more vehicles hitting the road. So uh there’s going to be a lot of exciting things to share uh you know so just stay tuned. Totally. Uh yeah, what remains to be finalized before production begins. Well, we’re in validation right now and that means that we’re looking uh at everything making sure all the systems work together. Uh the air conditioning, the you know power steering, all of those things. Uh we’re trying to break stuff and learn from it and that’s typical from validation. Uh but I have to say we’re really pleased at all the results we’re getting so far. The overall drivability and handling, enjoyment of the vehicle just improved immensely. Absolutely. Uh how will Appera keep a competitive edge compared to other EVs? Um you know, we’re really creating a whole new category of electric vehicle now. a vehicle that that fuels itself has never existed before. Uh so, you know, competition’s kind of a difficult term for us to to grapple with. Uh we we don’t have any competition now. There’s no other vehicle out there that creates its own fuel on a daily basis for driving. So, you know, it’s not just the three-we architecture. It’s not just the uh amazing body structure. It’s not just this is built more like a formerly one car or an aircraft than anything in automotive today. um it’s that this vehicle uh is set to change the world through solar mobility and by fueling itself it’s really a whole new thing in itself and to compare it to anything else that’s on the road today I think is is just not a way to gauge it does it looks like a spaceship very unique uh well how does it feel uh both of you guys to you know finally be taking out public uh it it’s been a long road um and it’s super exciting you know as I said the first time I sat down with Steve uh and We shook hands at Fuddruckers to start this company together over Fuddrucker’s uh burger in the Elvis booth. Uh you know they have a little themed booth and very we were in the Elvis section. Um you know it’s been our mission uh to bring this efficient mobility to life uh in solar transportation to the masses and you know this uh this public listing uh this IPO is really the next step in our existence something that is a true enabler um you know to to getting these vehicles on the road. I mean, Chris and and Tom and the Blake and the finance team have been working round the clock. I mean, for quite a bit of time to make this happen. And uh I honestly I can’t believe that it’s here now. It’s it’s hard it’s hard to really fathom, but um you know, it’s by no means the end point for us. It’s a milestone. It’s important. It’s like the ignition of the second stage. Now we’re being boosted in orbit and we’re really going to scream now. So, this is great. Uh and we have to thank you know everyone that’s gotten us here. You know our community has been so passionate uh in driving us here. Um you know everyone on the team uh has been amazing. Uh you know the people that are here uh in New York with us uh Tom and Sarah Craravens uh the people that are back in the shop uh Blake and the engineers and uh the whole team there uh still working hard on validating the vehicles and and getting things out the door. uh previous team members that have moved on to to other things. Uh Pablo Ukar and Sarah Hardwick. Um our board member uh Dougloo uh is here uh to celebrate with us. Uh and a lot of our uh early investors are here to celebrate the day, too. And it’s just amazing to look back and think that, you know, we were we were just two guys in a garage, two guys in a garage, uh thinking about how to make this happen and uh you know, really pontificating about what this could be. But I I don’t think you know I had imagined uh that we could get to this point um you know so quickly with such enthusiasm um and to see you know um how far we’ve come and how far we can go with everyone’s support uh is just amazing. So a a true true thank you to uh all of our community to all of our early investors to all of our accelerators uh to everyone uh that supported us along the way. Amazing. Totally agree. All right. Well, thanks everybody uh for tuning in to this investor presentation and uh yeah, we’ll see you tomorrow. Thank you everybody. Thank you. Bye.
This event will provide an overview of Aptera’s business, mission, and strategy as it prepares for its Class B common stock to begin trading on the Nasdaq Capital Market under the ticker symbol “SEV” on October 16, 2025. https://aptera.us/online-roadshow-presentation/
