MEGA UPDATE: Aptera Has a New Production Partner
Learn more at https://aptera.us/launch-design
Forward-Looking Statements
This video contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding the anticipated benefits of Aptera’s strategic partnership with Launch Design, including the expected value of the production program and the structure and timing of payments under the program, including the issuance of warrants; expectations regarding production timelines, cost efficiencies, bill of materials costs, and capital requirements; plans to scale production at Aptera’s Carlsbad facility; expectations regarding future expansion into international markets; and Aptera’s plans to fund its production ramp and work toward the start of production of its solar electric vehicle. Words such as “plans,” “expects,” “anticipates,” “intends,” “will,” “targets,” “believes,” and similar expressions, or the negative of these terms, are intended to identify forward-looking statements.
These forward-looking statements are based on Aptera’s current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, without limitation: risks related to Aptera’s ability to raise additional capital on acceptable terms or at all; Aptera’s ability to continue as a going concern, which is dependent on its success in raising additional capital and executing its business plan; risks related to the issuance of warrants under the partnership agreement, including potential dilution to existing shareholders and the risk that the exercise price of such warrants may be at or below the then-current trading price of Aptera’s stock; fluctuations in currency exchange rates affecting the U.S. dollar value of amounts denominated in RMB; risks related to reliance on a single manufacturing partner and an international supply chain, including the risk that Launch does not perform as anticipated; risks related to tariffs, export controls, trade restrictions, or other changes in U.S. or international trade policy; uncertainties inherent in scaling manufacturing operations; the risk that anticipated cost savings, capital reductions, or production timelines are not realized; the risk that the partnership agreement has only a twelve-month initial term and may not be extended; and other risks detailed in Aptera’s filings with the SEC, including under the heading “Risk Factors” in its Registration Statement on Form S-1 and its subsequent periodic reports. Aptera undertakes no obligation to update or revise any forward-looking statements as a result of new information, future events, or otherwise, except as required by law.
Important Notice
This video is not an offer to sell or a solicitation of an offer to buy any securities of Aptera Motors Corp. For complete details regarding the strategic partnership, including the terms of the agreement and the warrants issued thereunder, please refer to Aptera’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission, available at www.sec.gov.
About Aptera Motors Corp.
Aptera Motors Corp. (Nasdaq: SEV) is a solar mobility company headquartered in Carlsbad, California. For more information, visit www.aptera.us.
Investor Relations: ir@aptera.us