CARLSBAD, Calif., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Aptera Motors (Nasdaq: SEV) announced today that Co-CEO Chris Anthony will participate in A.G.P.’s Annual Virtual Electric Vehicles and Transportation Conference on December 9, 2025. The event is hosted by A.G.P./Alliance Global Partners. A.G.P.’s Capital Markets team works closely with portfolio managers of hedge funds, mutual funds, and registered investment advisors. Chris Anthony will deliver an investor presentation as part of the conference program. ...

Core Insights - Aptera Motors Corp. has initiated the construction of its validation vehicle assembly line, marking a significant step towards low-volume production at its Southern California facility [1][2][6] - The new assembly line transitions from prototype builds to a structured assembly process, enhancing the company's manufacturing capabilities [2][3] - The validation assembly process aims to optimize vehicle assembly stages in preparation for customer-ready production, with an estimated funding requirement of $65 million to advance to low-volume production [8] Company Developments - The assembly line will utilize a large-scale precision assembly fixture to ensure dimensional accuracy and consistency in the production of Aptera's Body in Carbon (BinC) [3][5] - Aptera is expanding its operations team and hiring engineers and assembly line technicians to support the buildout of the assembly line [5] - The company is focused on creating a sustainable business model that positively impacts stakeholders and the environment through its solar electric vehicle technology [9]

Core Points - Aptera Motors Corp. has entered into a share purchase agreement for up to $75 million of committed equity financing with New Circle Principal Investments LLC [1][2] - The financing allows Aptera to issue and sell up to $75 million of its Class B common stock at its discretion, subject to customary conditions [2] - Proceeds from the financing are intended to support production readiness for Aptera's Launch Edition vehicles, providing flexibility to raise capital in stages [3] Company Overview - Aptera Motors Corp. is a solar mobility company focused on developing highly efficient solar electric vehicles, leveraging advancements in aerodynamics, material science, and solar technology [5] - The company operates as a public benefit corporation, aiming to build a sustainable business that positively impacts stakeholders and the environment [5] Investor Overview - New Circle Capital is an institutional investor that focuses on small and mid-cap public companies, investing across various industries and transaction situations [6]