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Aptera Motors Corp shares new info about its money needs and production schedule.

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Aptera lowered its estimated full-plan cost by $65 million to $90 million, making production easier to fund. It still needs financing, and supplier or approval delays could hold up production.

SEV · Aptera Motors Corp

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The smaller cost plan makes production seem more reachable. Aptera still needs $25 million to begin, then estimates $65 million total to reach 500 vehicles per month. It expects another $50 million for tools and equipment to reach about 20,000 vehicles a year. These figures depend on timely financing, suppliers, and approvals, so the savings do not guarantee production.

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