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Aptera Motors is currently doing fine testing its first production-intent solar electric vehicles but has been very candid about its need for more funding to reach bonafide production. Its most recent SEC filing details slower-than-expected investments from convertible notes, and the startup’s co-CEO recently hinted that Aptera might revisit crowdfunding, seeking help from the loyal following that has helped it this far.

Aptera Motors is the solar-electric “engine” that could (and still could). We’ve kept close tabs on the startup over the years and have made a conscious effort to keep you readers informed on its progress, much of which has been promising. Especially over the past 18 months or so.

We consistently applaud Aptera Motors for its transparency and monthly updates, often led by co-CEOs Steve Frambro and Chris Anthony, who continue to fight onward in bringing the second iteration of Aptera to its fullest potential and reach what has now become the holy grail of solar EV development – full-scale production.

Last month, Aptera delivered a significant milestone to the public, showcasing its first-ever production-intent build, complete with genuine components we could one day see in a flagship solar EV on the road. Until this point, crowdfunding led by a loyal fanbase of reservation holders and believers in sustainable technology has gotten Aptera this far.

Last we heard, Aptera had raised over $135 million from over 17,000 investors, which the startup touted as the most successful crowdfunding raise in history. However, the company shared that it would need another $60 million in additional funding to begin low-volume SEV production, now slotted for late 2025.

To achieve this, Aptera shuttered its crowdfunding campaigns and turned to financial group US Capital Global, which has been leading the $60 million sale of convertible notes since July. Based on SEC filings, more prominent investors appear weary of investing in the solar EV startup. Still, Aptera’s co-CEOs continue to push forward regardless but have hinted at other levers to gain cashflow, including a fresh crowdfunding campaign.

Aptera production vehicle
Source: Aptera Motors/YouTube

Could Aptera revisit crowdfunding to reach production?

So far, Aptera’s $60 million funding raise has not gone as quickly as planned. When the startup originally announced the partnership with US Capital Global over the summer, executives from the financial group anticipated the raise would take 60 to 90 days.

We are now in November, beyond the 90-day timeline, and per Aptera’s October 21, 2024, filing with the SEC, it had only sold $400,000 of the $60 million in convertible notes. The co-CEOs shared that the minimum investment price through US Capital was $50,000. That is far too much green for the average Aptera crowdfunding participant but not an obscene amount for larger investment firms.

Based on those October figures, financial groups appear hesitant to invest in the startup despite its progress and the potential of its solar EV technology. Whether its on Reddit, Discord, or the Electrek comment section, the Aptera community is still very high on the startup and believes it can succeed and stay on track for mass production in 2026.

Munro and Associates, led by Sandy Munro, signed on as a partner to Aptera Motors in 2020, and the famed automotive enthusiast has made several appearances alongside the startup’s co-founders in addition to routine visits to its headquarters in Carlsbad, California.

Last month, Munro Live shot a video at Aptera HQ where co-founders Steve Fambro and Chris Anthony walked Sandy around the shop and inside and out of the PI-2 Solar EV. From the driver’s seat, Munro peppered Fambro and Anthony with questions about their required funding.

Most of the answers were routine and stuff we’d already heard before, but there was one little juicy tidbit Chris Anthony said that’s noteworthy. We highly recommend watching the full 40-minute video, which we’ve embedded below, but the stuff we’re talking about today starts at around 37 minutes.

Munro asked about funding, and Anthony explained the $60 million raise via convertible notes with US Capital. Per Anthony, that funding would help Aptera get all the necessary production equipment and tooling to begin building initial customer vehicles. Anthony also shared that money would help get Aptera to a run rate of 6,000 solar EVs per year, which are cashflow neutral. Here’s where it gets good. Anthony elaborates:

We think along the way, we may open the crowdfunding again because right now, the minimum investment for the convertible note is $50,000. So, a lot of people have been waiting to invest in Aptera, but they can’t because the minimum is so high.

So Aptera is considering a return to crowdfunding to gain additional funding, but perhaps somewhere down the road. The immediate focus remains on the convertible note with US Capital Global. Anthony went on:

But it’s going well, we’ve made lots of great connections over the last two months and hopefully we’ll continue the raise and be able to start buying some of this bigger equipment like the castings for the rear and stuff like that soon.

If there wasn’t enough riding on the $60 million convertible note with US Capital, it is the best current option to get Aptera the equipment it needs to begin genuine SEV production. However, crowdfunding has already proven quite fruitful for Aptera in the past, and its founders have not lost sight of that option.

As always, we will keep you in the loop on Aptera news as it progresses with more production-intent builds, including a PI-2 with solar panels ahead of more testing. You can reserve an Aptera for $30 off the $100 reservation by clicking here.

As promised, here’s the full video from Munro Live that offers a fantastic look at the PI-2 build so far:

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Delhi-ghtful! India mulls 2035 ICE ban, blocks fuel sales to older vehicles

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Delhi-ghtful! India mulls 2035 ICE ban, blocks fuel sales to older vehicles

In a bold bid to combat the crippling air pollution crisis in its capital, Delhi, Indian lawmakers have begun high-level discussions about a plan to phase out gas and diesel combustion vehicles by 2035 – a move that could cause a seismic shift in the global EV space and provide a cleaner, greener future for India’s capital.

Long considered one of the world’s most polluted capital cities, Indian capital Delhi is taking drastic steps to cut back pollution with a gas and diesel engine ban coming soon – but they want results faster than that. As such, Delhi is starting with a city-wide ban on refueling vehicles more than 15 years old, and it went into effect earlier this week. (!)

“We are installing gadgets at petrol pumps which will identify vehicles older than 15 years, and no fuel will be provided to them,” said Delhi Environment Minister Manjinder Singh Sirsa … but they’re not stopping there. “Additionally, we will intensify scrutiny of heavy vehicles entering Delhi to ensure they meet prescribed environmental standards before being allowed entry.”

Making it prohibitively difficult for Dehli’s residents to own and operate older, presumably more polluting vehicles is one way to reduce harmful emissions and air pollution, but Sirsa’s team isn’t just targeting newer vehicles. They’re also planning to deploy more than 900 electric transit buses, part of a larger plan to replace 5,000 of the city’s 7,500 total bus with lower- or zero-emission options this year alone.

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The Economic Times is reporting that discussions are underway to pass laws requiring that all future bus purchases will be required to be electric or “clean fuel” (read: CNG or hydrogen) by the end of this year, with a gas/diesel ban on “three-wheelers and light goods vehicles,” (commercial tuk-tuks and delivery mopeds) potentially coming 2026 to 2027 and a similar ban privately owned and operated cars and bikes coming “between 2030 and 2035.”

Electrek’s Take

2025 Xpeng G6 all-electric SUV with 5C ultra-fast charging “AI batteries” launched in China
Xpeng EV with Turing AI and Bulletproof battery; via XPeng.

After a Chinese government study linked air pollution caused by automotive exhausts and coal-fired power plants to more than 1.1 million deaths per year in 2013, the nation’s government took serious action, shuttering older coal plants and imposing strict emissions standards. The country also incentivized EV adoption through license-plate lotteries favoring electric cars and a nationwide EV mandate set to kick in by 2030.

The results were astounding, and the technological innovations that have come from an entire nation of talented engineers all “pulling in the same direction” have put the West to shame, with Western auto executives repeatedly sounding the alarm and lobbying for tariffs and other protectionist policies on both sides of the Atlantic.

To see India make move towards a gas and diesel ban like this, and on such an aggressive timeline, can only mean that they’ve been paying attention … and America is about to fall even further behind.

SOURCE: India Times; featured image by Sumita Roy Dutta.

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Parker launches Mobile Electrification Technology Center training program

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Parker launches Mobile Electrification Technology Center training program

Last week, Parker Hannifin launched what they’re calling the industry’s first certified Mobile Electrification Technology Center to train mobile equipment technicians make the transition from conventional diesel engines to modern electric motors.

The electrification of mobile equipment is opening new doors for construction and engineering companies working in indoor, environmentally sensitive, or noise-regulated urban environments – but it also poses a new set of challenges that, while they mirror some of the challenges internal combustion faced a century ago, aren’t yet fully solved. These go beyond just getting energy to the equipment assets’ batteries, and include the integration of hydraulic implements, electronic controls, and the myriad of upfit accessories that have been developed over the last five decades to operate on 12V power.

At the same time, manufacturers and dealers have to ensure the safety of their technicians, which includes providing comprehensive training on the intricacies of high-voltage electric vehicle repair and maintenance – and that’s where Parker’s new mobile equipment training program comes in, helping to accelerate the shift to EVs.

“We are excited to partner with these outstanding distributors at a higher level. Their commitment to designing innovative mobile electrification systems aligns perfectly with our vision to empower machine manufacturers in reducing their environmental footprint while enhancing operational efficiency,” explains Mark Schoessler, VP of sales for Parker’s Motion Systems Group. “Their expertise in designing mobile electrification systems and their capability to deliver integrated solutions will help to maximize the impact of Parker’s expanding METC network.”

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The manufacturing equipment experts at Nott Company were among the first to go through the Parker Hannifin training program, certifying their technicians on Parker’s electric motors, drives, coolers, controllers and control systems.

“We are proud to be recognized for our unwavering dedication to advancing mobile electrification technologies and delivering cutting-edge solutions,” says Nott CEO, Markus Rauchhaus. “This milestone would not have been possible without our incredible partners, customers and the team at Nott Company.”

In addition to Nott, two other North American distributors (Depatie Fluid Power in Portage, Michigan, and Hydradyne in Fort Worth, Texas) have completed the Parker certification.

Electrek’s Take

electric bobcat track loader
T7X all-electric track loader at CES 2022; via Doosan Bobcat.

With the rise of electric equipment assets like Bobcat’s T7X compact track loader and E10e electric excavator that eliminate traditional hydraulics and rely on high-voltage battery systems, specialized electrical systems training is becoming increasingly important. Seasoned, steady hands with decades of diesel and hydraulic systems experience are obsolete, and they’ll need to learn new skills to stay relevant.

Certification programs like Parker’s are working to bridge that skills gap, equipping technicians with the skills to maximize performance while mitigating risks associated with high-voltage systems. Here’s hoping more of these start popping up sooner than later.

SOURCE | IMAGES: Parker Hannifin.

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ReVolt extended range electric semi trucks score their first customer

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ReVolt extended range electric semi trucks score their first customer

Based on a Peterbilt 579 commercial semi truck, the ReVolt EREV hybrid electric semi truck promises 40% better fuel economy and more than twice the torque of a conventional, diesel-powered semi. The concept has promise – and now, it has customers.

Austin, Texas-based ReVolt Motors scored its first win with specialist carrier Page Trucking, who’s rolling the dice on five of the Peterbilt 579-based hybrid big rigs — with another order for 15 more of the modified Petes waiting in the wings if the initial five work out.

The deal will see ReVolt’s “dual-power system” put to the test in real-world conditions, pairing its e-axles’ battery-electric torque with up to 1,200 miles of diesel-extended range.

ReVolt Motors team

ReVolt Motors team; via ReVolt.

The ReVolt team starts off with a Peterbilt, then removes the transmission and drive axle, replacing them with a large genhead and batteries. As the big Pete’s diesel engine runs (that’s right, kids – the engine stays in place), it creates electrical energy that’s stored in the trucks’ batteries. Those electrons then flow to the truck’s 670 hp e-axles, putting down a massive, 3500 lb-ft of Earth-moving torque to the ground at 0 rpm.

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The result is an electrically-driven semi truck that works like a big BMW i3 or other EREV, and packs enough battery capacity to operate as a ZEV (sorry, ZET) in ports and urban clean zones. And, more importantly, allows over-the-road drivers to hotel for up to 34 hours without idling the engine or requiring a grid connection.

That ability to “hotel” in the cab is incredibly important, especially as the national shortage of semi truck parking continues to worsen and the number of goods shipped across America’s roads continues to increase.

And, because the ReVolt trucks can hotel without the noise and emissions of diesel or the loss of range of pure electric, they can immediately “plug in” to existing long-haul routes without the need to wait for a commercial truck charging infrastructure to materialize.

“Drivers should not have to choose between losing their longtime routes because of changing regulatory environments or losing the truck in which they have already made significant investments,” explains Gus Gardner, ReVolt founder and CEO. “American truckers want their trucks to reflect their identity, and our retrofit technology allows them to continue driving the trucks they love while still making a living.”

If all of that sounds familiar, it’s probably because you’ve heard of Hyliion.

Hyliion electric semi truck

Hyliion Hypertruck ERX; via Hyliion.

Before it changed its focus to develop Carnot-cycle generators and gensets, Austin-based Hyliion built a number of EREV Peterbilts using the then-new 15L Cummins diesel as a generator and employing the same sort of battery and e-axle-arrangement as ReVolt.

In addition to being located in the same town and employing the same idea in the same Peterbilt 579 tractor, ReVolt even employs some of the same key players as Hyliion: both the company’s CTO, Chandra Patil, and its Director of Engineering, Blake Witchie, previously worked at Hyliion’s truck works.

Still, Hyliion made their choice when they shut down their truck business. ReVolt seems to have picked up the ball – and their first customer is eager to run with it.

“Our industry is undergoing a major transition, and fleet owners need practical solutions that make financial sense while reducing our environmental impact,” said Dan Titus, CEO of Page Trucking. “ReVolt’s hybrid drivetrain lowers our fuel costs, providing our drivers with a powerful and efficient truck, all without the need for expensive charging infrastructure or worrying about state compliance mandates. The reduced emissions also enable our customers to reduce their Scope 2 emissions.”

Page Trucking has a fleet of approximately 500 trucks in service, serving the agriculture, hazardous materials, and bulk commodities industries throughout Texas. And, if ReVolt’s EREV semis live up to their promise, expect them to operate a lot more than 20 of ’em.

SOURCES | IMAGES: ReVolt; via Power Progress, TTNews.

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