Solar EV startup Aptera Motors continued its welcomed level of public transparency today, posting another progress update video for February, offering some juicy details. Aptera co-founder Steve Fambro walks you through the first glimpse at the upcoming Aptera app, which promises several cool features; plus, we get a look at some Solar EV battery packs and some hints at how safe the production vehicle will be. You can learn more in the full video below.
There is a multitude of reasons why Aptera Motors is different from the other OEMs out there. The most obvious is that the California-based startup is really the only company left trying to bring Solar EVs to full-scale production, and it is closer than ever, following a successful $34 million crowdfunding program.
Additionally, Aptera constantly keeps its growing fanbase as well as EV enthusiasts in the know of its progress in developing its solar EVs, posting monthly updates to YouTube. There is also plenty of news coming out of Aptera HQ in between those monthly videos. For example, Aptera offered the public a look at its production-intent build process in mid-February.
Today, Aptera posted its monthly update, and it’s one of the more exciting ones. There’s lots to unfold here, so let’s dig in.
Our first look at the upcoming Aptera App / Source: Aptera Motors/YouTube
Aptera update includes app, batteries, safety, and BinC
First, we recommend watching the entire six-minute update video from Aptera below, but here are some key details. First, co-founder and co-CEO Steve Fambro shared the first look at the upcoming Aptera App (seen above).
If and when production builds of the Solar EV hit the market, owners will be able to control and monitor several functions from anywhere, including HVAC and charging, and can even see how much solar power their car is gathering in real time.
Next, Fambro discussed an update on the battery packs that will go in the solar EVs, developed and manufactured by CTNS in South Korea, as part of a supply agreement signed in December 2023. Fambro said CTNS is moving quickly and will provide Aptera with “some of the most energy-dense and safe battery packs in the EV industry.” The first run of full production-intent battery packs will be built soon, and Aptera is promising another update in the coming months.
Next, Steve Fambro shared that Aptera will unveil its Body-in-Carbon (BinC) design to the public at JEC World 2024 in Paris next week. Per the video, Aptera’s co-founder thought February would be an excellent time to show off the company’s years of hard work, teasing a crash simulation of the solar EV.
The test footage, which can be seen below at around (2:37), shows the large crumple zone in the front absorbing all of the crash impact, while a hit to the solar EV’s side protects passengers with reinforced doors and a structural battery pack. These remain simulations until Aptera can compare the data to real-life crash tests with the production-intent builds.
Additionally, Fambro offered some excellent insight into what transparency means to Aptera and why it continues to post monthly updates:
Transparency is a cornerstone of our values, and we consistently strive to adopt a transparency-first approach. Sharing our story and allowing all of you to join us on our path is what has allowed us to get to where we are today. Being a startup, we’re tasked with staying nimble, and constantly adjusting to rapidly working conditions. We must also do this while being as accurate and as forthcoming as possible. It’s a tight line to walk.
Fambro then digs into the question on every Aptera reservation holder’s mind, sharing an update on delivery timelines. Aptera is currently developing production-intent builds that will be used for validation and crash testing to ensure safety.
However, Fambro reiterated previous statements that reaching production of its Launch Edition Solar EVs will require additional capital. Fambro went on:
We intend to share delivery timelines as soon as we can.
Lastly, Fambro shared that some vehicle design changes will be happening, and they take those changes “very seriously,” saying those decisions are only made if they require less capital, including R&D and tooling costs. Aptera promised to share more information once partner supply agreements are officially signed.
That’s all for now. If you’re interested in joining the solar pack, you can reserve your own Aptera EV today for $70. As promised, you can watch the full Aptera February update below:
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Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its strategy with slowing sales and a potential multi-billion-dollar hit from Trump’s auto tariffs. The tariffs might not even be Subaru’s biggest threat.
Subaru and other Japanese automakers adjust EV plans
Within the past week, Japanese automakers, including Nissan, Honda, Toyota, and now Subaru, have announced major adjustments to their EV plans.
After releasing fiscal year financial results on Wednesday, Subaru’s CEO, Atsushi Osaki, said, “We are re-evaluating our plans, including the timing of investments.” Osaki added that the move is due to “today’s rapidly changing environment” and other external factors.
Like most of the industry, Subaru is bracing for a shift under the Trump administration, which could cost it billions. With around half of its vehicles sold, the US is key for the Japanese automaker.
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Subaru said Trump’s new auto tariffs could cost the company up to $2.5 billion this year. The automaker is looking at ways to boost US production, but it won’t be easy.
2025 Subaru Solterra (Source: Subaru)
Tomoaki Emori, Subaru’s senior managing executive director, said (via Automotive News), “Under the current circumstances, there is probably no way not to expand in the US. We must think about how to go about that.”
Emori added that the company still has the production capacity, “so we would like to mitigate the impact of tariffs while making use of it.”
Subaru joins a growing list of automakers in pulling its earnings forecast, citing “developments in US tariff policy” make it hard to forecast.
2025 Subaru Solterra (Source: Subaru)
The company’s global sales fell 4.1% to 936,000 units over the past year. In North America, deliveries also fell 4.1% to 732,000 vehicles. Subaru anticipates global sales will continue dropping to around 900,000 this year, or another 4% drop. A part of the forecast is due to downtime at its Yajima plant as Subaru prepares to produce EV batteries.
Osaki said Subaru is “making various preparations for a BEV-dedicated plant,” but added it may add a mix of gas-powered vehicles.
2026 Subaru Trailseeker electric SUV (Source: Subaru)
Subaru unveiled its second EV for the US at last month’s NY Auto Show, the 2026 Trailseeker. The Outback-sized electric SUV will go on sale in 2026, joining the smaller Solterra in Subaru’s EV lineup in the US.
Since “It is becoming more difficult to decide how to incorporate electrification into our production mix,” Emori said, Subaru is “thinking about how to incorporate hybrids and plug-in hybrids.”
Electrek’s Take
Subaru and other Japanese automakers are quickly falling behind Chinese EV leaders like BYD in some of their most important sales regions, like Southeast Asia.
Delaying new EV models and other projects will only set them further behind in the long run. Nissan is in crisis mode after scrapping plans to build a new battery plant in Japan. The facility was expected to produce lower-cost LFP batteries, which could have helped Nissan compete on costs with BYD and others.
Last week, Toyota’s President, Koji Sato, said the company will be “reviewing” its goal of selling 1.5 million electric vehicles by 2026. And just yesterday, Honda announced plans to pause around $15 billion in planned EV investments in Canada.
BYD and other EV leaders are expanding overseas to drive growth after squeezing foreign brands, especially Japanese automakers, out of China.
Next year, BYD is launching its first kei car, or mini EV, that’s expected to be a big threat to Japanese automakers. A Suzuki dealer (via Nikkei) warned, “Young people do not have a negative view of BYD. It would be a huge threat if the company launches cheap models in Japan.”
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Porsche Cars North America has integrated over 97,000 more charging stations into its app, streamlining its Porsche Charging Service.
That brings the total number of EV charging stations available to Porsche Charging Service customers in the US to 102,000, with more scheduled to be added in 2025. That means Porsche drivers can now use the My Porsche app as a one-stop shop to easily find, use, and pay at most J1772 and CCS charging stations.
“This is a significant milestone for Porsche and the electric vehicle journey,” said Timo Resch, president and CEO of Porsche Cars North America. “We know flexibility and choice are important.”
Customers in the Porsche Charging Service inclusive period – that’s the year after you buy your EV – or who sign up for Porsche Charging Service Premium can now access the ChargePoint, EV Connect, EVgo, Flo, EvGateway, and Ionna networks, in addition to chargers in the Electrify America network.
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Customers in the Porsche Charging Service Base plan will receive access later this summer.
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Tesla’s (TSLA) board is reportedly exploring a new CEO pay deal for Elon Musk, who might not get back his $55 billion 2018 compensation package.
According to a new Financial Times report, Tesla’s board created a new “special committee” to explore a new CEO pay package for Musk.
The report points to the committee looking at new stock options and “alternative ways” to compensate Musk if Tesla fails to reinstate his 2018 compensation package, which was rescinded by a judge who found that Musk negotiated the deal with a board under his control and then misrepresented it to shareholders.
Musk is Tesla’s largest shareholder and therefore, he stands to benefit the most when the company does well. However, he doesn’t take a salary for his role as CEO.
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Historically, He has received stock compensation packages, with the one secured in 2018 being the controversial one currently under contention.
Since then, no new CEO compensation package has been approved, and Tesla has not suggested another one as it tried to appeal the judge’s decision on the 2018 package.
The company is currently attacking the decision on two fronts with an appeal to the Delaware Supreme Court and a new legislation in Delaware to try to circumvent the decision altogether.
FT reporting that the board is working on a new compensation package with backpay could point to Tesla anticipating not being able to reinstate the original compensation package.
Robyn Denholm and Kathleen Wilson-Thompson are the board members reportedly on the new committee.
Denholm took over from Musk as Tesla’s chair, and she has recently made headlines for selling her Tesla stock options for more than $530 million over the last few years.
Electrek’s Take
It increasingly looks like Tesla won’t be able to distance itself from Musk and separate its fate from his.
Musk has masterfully convinced Tesla shareholders that the destruction of its core business, selling electric vehicles, doesn’t matter because the company is on the verge of solving self-driving – something he has claimed every year for the last 6 years and has been wrong every time.
Now that they don’t care about EVs, there’s no point in blaming Musk for killing demand and delivering a single new vehicle in 5 years, the Cybertruck, a commercial flop.
Therefore, the only thing that will make Tesla shareholders stop wanting Musk as CEO is if they stop believing his self-driving and humanoid robot claims.
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