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What's been happening at Aptera? The hyper-aerodynamic vehicle company is still moving forward, just not as fast as the original plans called for. In the company's latest newsletter, plenty of virtual ink is dedicated to explaining where things stand with the request for money from the Department of Energy's Advanced Technology Vehicle Manufacturing loan program (still waiting to hear back), the development and design of the 2-series vehicles (still testing) and why Aptera hasn't sold any vehicles yet (still waiting, see ATVMLP). Here's a choice quote:
A friend asked me today, "Why don't you simply use a smaller amount of money to force some vehicles out the door and into the marketplace?" My response was, "What are you willing to give up?" At a lower investment, vehicle manufacture is much more manual in nature, so the cost of every vehicle increases significantly. (This assumes, of course, that you want quality to stay the same, because testing for durability, reliability and quality has a cost.) When you can purchase components in volume, that cost gets spread out and shared. But when you build only a few, the cost of quality drives up the price.
So to those who ask what's happening in the halls of Aptera, the answer is that we are working to secure the capital necessary to deliver the volume and quality to move the market. We would obviously love to accelerate the process, but the government has to make sure they complete their comprehensive evaluation and we have to let the process run its course.

Basically, Aptera is saying, we needs money, whether from the government or some other major investor. Without that, the wingless bird might forever remain out of reach. You can read more from the newsletter after the jump.

[Source: Aptera]Continue reading Aptera: We need government money to bring vehicle to market

Aptera: We need government money to bring vehicle to market originally appeared on Autoblog on Mon, 07 Feb 2011 08:01:00 EST. Please see our terms for use of feeds.



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