US: Aptera closes down

The Palo Alto, California-based start-up Aptera closed down on 2 December and laid off its 30 employees, for lack of cash from any investors, or a DOE loan, to bring its ultra-aerodynamic EV into production. Aptera’s Chief Executive Officer Paul Wilbur, an executive of 29 years’ automotive experience Subscribe to Automotive World to continue reading … Continued

• By Webmaster
• December 5, 2011