Renaissance Capital logo

Aptera Motors Priced, Nasdaq: SEV

Developing a three-wheeled solar electric vehicle.

Industry: Consumer Discretionary

Latest Trade: $5.76 0.00 (0.0%)

First Day Return: -60.0%

Return from IPO: -71.2%

Industry: Consumer Discretionary

We are an automotive technology company focused on developing and manufacturing highly efficient solar electric vehicles (SEVs). Our flagship vehicle, the Aptera, is a three-wheeled, two-passenger vehicle designed for efficiency and sustainability. We believe the Aptera’s unique design, incorporating solar charging capabilities and aerodynamic efficiency, will offer a compelling alternative to conventional vehicles. We intend to generate revenue primarily through the sale of our SEVs. Our current focus is on completing the development and commencing production of the Aptera. To date, we have not commenced production of our SEVs. We plan to offer various Aptera models with different features and price points. We may also explore other revenue streams in the future, such as providing charging infrastructure or developing related technologies. The Aptera is designed to be a highly efficient vehicle, minimizing energy consumption through its aerodynamic design and lightweight construction. Its integrated solar panels are intended to supplement battery charging, potentially allowing drivers to travel significant distances using only solar power. The Aptera is designed to be a practical and sustainable transportation solution for daily commuting and other driving needs.
more less
IPO Data
IPO File Date 08/27/2025
Offer Price $19.99
Price Range $19.99 - $19.99
Offer Shares (mm) 31.7
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/16/2025
Offer Price $19.99
Price Range $19.99 - $19.99
Offer Shares (mm) 31.7
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Northland Securities
Company Data
Headquarters Carlsbad, CA, United States
Founded 2019
Employees at IPO 30
Website www.aptera.us

Aptera Motors (SEV) Performance