• Nov 19, 2009
If anybody is still wondering whether Aptera, despite the recent commotion, will deliver one of their flightless wonders by Christmas, they can officially cease speculating. They're not, and the release date has now been pushed back to some undefined time in 2010. Hopefully, the delay won't be a full year as it was the last time they announced delivery postponement. According to the company, fundraising efforts didn't keep pace with vehicle development, so they're taking measures to slow the cash burn. One of those unfortunate actions involved laying off an unspecified number of employees, though one of them, co-founder Steve Fambro, has said he will resume his role next year. Addressing the situation he said:
Right now my advanced work is a lower priority for Aptera. We've got to be wholly focused on funding and getting the first 2e on the road. Paul's leadership and (chief engineer) Tom Reichenbach's talent have led to changes in the vehicle that are spot-on. They've made the vehicle safer, it's better handling and more comfortable. Once we get through this stage, we'll begin mass producing the 2e – the most aerodynamic and efficient vehicle in the world.
Sounds reasonable to us, and it's no doubt reassuring for patiently waiting customers to receive official communication from the firm. However, one can't help but wonder why they didn't head this chaotic episode off at the pass by making this announcement in a more timely fashion. The emotional investment of nearly 4,000 reservation-holding fans might be just as important as seeking further financial investment. In any event, the official press release awaits after the break.

[Source: Aptera Motors]

PRESS RELEASE:

FIRST ALL-ELECTRIC APTERA 2e PUSHED BACK TO 2010


Co-founders Fambro and Anthony step aside from day-to-day operations

FOR IMMEDIATE RELEASE

VISTA, Calif. (Nov. 18, 2009) -- In September 2008, when fledgling vehicle manufacturer Aptera named Paul Wilbur president and CEO, the 27-year Detroit auto executive set forth a series of financial goals and product deadlines. "Aptera's production and delivery will be tied directly to funding," said Wilbur.

During the past 12 months, the company's initial offering – the aerodynamic Aptera 2e, an all-electric, three-wheeled two-seater that gets the equivalent of 200-plus mpg – has evolved from concept to near reality. Companies including Google and IdeaLab have made significant investments in the southern California auto manufacturer, and numerous potential private and public backers are in the process of doing their due diligence. However, according to Wilbur, the vehicle development progress has been outpacing the rate of fundraising.

"We're making significant progress every day with product refinements, the completion of engineering and design details, and securing meaningful strategic partnerships," says Wilbur. "However, we now have to adjust our production schedule to align with financing realities. Properly managing the resources of the company means we'll complete our first vehicles in 2010, not by the end of 2009 as previously projected.

"Aptera management is being a prudent steward of all resources to ensure future viability for the company and strong returns for its stakeholders. Therefore, we'll begin volume production vehicles once our current series of private funding has closed or when we secure financing through the Department of Energy's Advanced Technology Vehicle loan program, whichever comes first."

The aerodynamically-inspired Aptera 2e goes from zero to 60 in under 10 seconds, tops out at 90 mph and has already received nearly 4,000 deposits, which are fully refundable and remain in an escrow account. The production vehicle includes enhanced safety features, a redesigned interior cabin that is airy and user-friendly, a monocoque, structural composite body as well as a telematics and infotainment system.

"I'm as disappointed as any of our depositors and loyal followers around the country that we're delaying initial production," says Wilbur. "There's no one who's more anxious than we are to put the 2e on the road.

"Because of this production delay, we've unfortunately been forced to lay off some hard working employees. It's a strategy to streamline our spending to hone in on the items that advance our fundraising and completion of our first vehicle.

"Additionally as part of this plan, co-founder Chris Anthony is stepping aside from day-to-day activities to concentrate on his two other companies, Epic Boats and Flux Power."

Aptera's other co-founder, Steve Fambro, who started tinkering with the idea of building an aerodynamic vehicle five years ago, is taking a short leave of absence and will re-engage with the company in the new year.

"Right now my advanced work is a lower priority for Aptera," said Fambro, the company's Chief Technical Officer who directs all advanced concept development activities. "We've got to be wholly focused on funding and getting the first 2e on the road.

"Paul's leadership and (chief engineer) Tom Reichenbach's talent have led to changes in the vehicle that are spot-on. They've made the vehicle safer, it's better handling and more comfortable. Once we get through this stage, we'll begin mass producing the 2e – the most aerodynamic and efficient vehicle in the world."

According to Wilbur, "Building and launching a new car company is the challenge of a lifetime – even in the best economic times. At Aptera, this is especially true because we didn't start with an existing architecture for our vehicle. The 2e was designed from scratch, which is why we're focused on properly, and painstakingly, creating a foundation that can succeed over time; it's a chance for everybody working at Aptera to reshape the automotive world for the next generation."

About Aptera
Aptera Motors (www.aptera.com) was founded in 2006 to develop and build the safest, most energy efficient commuter vehicles on the road. Utilizing streamlined aerodynamic design, lightweight composite structures and unique drive systems, Aptera (which means wingless flight) delivers vehicles that are attainable and efficient. The company operates two Southern California facilities in north San Diego County, where it designs, engineers and manufactures the vehicles and their composite systems to create an exceptionally strong, sleek body
.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 5 Comments
      • 5 Years Ago
      I meant taking over for Steve Saleen. uhhh
      civic95er
      • 5 Years Ago
      I pre ordered one of these 2 years ago, and cancelled rather quickly when I took a minute to seriously consider just how far in the future I would be driving one. This was even before they announced california only availability. (I'm a chicago dweller). I'll look into these again in 2013 or so when they make their way across the country with service centers.
      • 5 Years Ago
      Don't expect this car to get on the road with Paul Wilber in charge. Look at his history with ASC & SALEEN. He is a foul mouth,big talking ,lair! The day he told us at Saleen he was talking over for Steve Saleen the first thing he said to all of us " You should all go work in a shoe store". Perhaps he should go work in a shoe store and stop running companys into the ground!
      • 5 Years Ago
      I can't wait to see these on the road.

      They will bring something unique and interesting to the landscape.

      We'll know what they are, but you're average citizen will definitely trip out when they see one of these going down the freeway.

        • 5 Years Ago
        Sorry fellow AB readers, I meant "your"


        It's 5:16am my time...