An e-mail from the CEO details the reasons the electric car startup decided to fold.
Despite recently raising $2.5 million, the EV start-up is refunding deposits and creating a VIP database for early adopters.
A closer look at the funky three-wheeled EV struggling to come to market.
If a $184 million loan from the U.S. Department of Energy comes through, the company says it could start production of its three-wheeled electric vehicle in 2011.
Jay Leno puts the Aptera 2e electric vehicle through its paces and comes back impressed.
In Aptera's manufacturing facility, visitors are given a sledgehammer and encouraged to swing away at the company's electric vehicle prototype. Dent it, and you can win $100.
A video of the Aptera electric car popped up on YouTube this week.
Aptera Motors aims to use the funds to produce a line of all-electric three wheelers by December.
When published, this story gave the wrong day for the Aptera-Google.org announcement. That round of funding was announced Tuesday.
Google.org is splitting $2.75 million between Aptera, a maker of electric cars, and ActaCell, which is developing long-lasting lithium-ion batteries.