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Aptera to go to Washington to fight for DOE loans

Aptera wants a piece of the $25 billion Department of Energy Advanced Technology Vehicle Manufacturing Program loan pie. Unfortunately for the California startup they can't have any because the program is companies making high efficiency "cars." That means vehicles that pass all federal motor vehicle safety standards. The tear drop shaped Aptera may have very low drag and be very light weight, but, as we mentioned yesterday, it only has three wheels and does not meet all the safety requirements put on a car and is thus classified as a ... Read more →

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