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[BUSINESS] · United States, China · 5 sources

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Aptera Motors partners with Launch Design for $44M production program

Aptera Motors has entered into a strategic production partnership with Shanghai-based Launch Design, valued at up to $44 million (RMB 300 million). The program is designed to support Aptera’s transition toward higher-volume manufacturing and includes assembly fixtures, tooling, vehicle testing, and pilot production.

Under the agreement, Launch Design will deliver finished subassemblies directly to Aptera’s final assembly facility in Carlsbad, California. This approach aims to simplify the integration process and reduce the number of individual parts Aptera must manage. The partnership also provides Aptera with access to an international supplier network to help lower material costs and improve unit economics.

Aptera targets the production of its first 40 vehicles in the fourth quarter of 2026, with the first production bodies and chassis expected to arrive in October 2026. Unlike previous internal validation vehicles, this batch is intended for customer deliveries. Two-thirds of the program costs will be paid in cash, with the remaining third settled in warrants to purchase Aptera stock.

Entities

Aptera Motors · Carlsbad · Chris Anthony · Launch Design · Steve Fambro