Aptera Motors Corp. · NASDAQ:SEV
Aptera Motors — Crowdfunding (July 2020)
39 slides from Aptera Motors's crowdfunding presentation, July 2020
Slide 1: Modernizing Vehicle Design & Manufacturing
9 Modernizing Vehicle Design & Manufacturing INVESTOR PRESENTATION | JULY 2020
Slide 2: A Radically Simplified EV Manufacturing Platform
A Radically Simplitied EV Manufacturing Platform Compared to EVs of the same size, Aptera’s technology platform produces electric vehicles that are: Ya ) THE COST TO BUILD 3x MORE EFFICIENT 100% SAFE & RELIABLE
Slide 3: Aptera's Technology Breakthroughs Solve "The Tesla Problem"
Aptera's Technology Breakthroughs Solve "The Tesla Problem" vv TESLA’S INEFFICENCY 15+ YEARS LO DETROIT’S LEGACY 115+ YEARS Steel chassis Formed body panels + Long assembly lines INVESTOR PRESENTATION Twice the labor of Detroit Similar car/factory design Requires even more factory space APTERA PLATF
Slide 4: Aptera's Platform Supports a Robust EV Pipeline
Aptera's Platform Supports a Robust EV Pipeline CROSSOVER UTILITY ROADSTER SEDAN 2022 2022 Q4 2020 2021 @ Less ENERGY PER MILE @ cower cost To Buitp @ iower cost To own NVESTOR PRESENTATION @ sust as sare
Slide 5: Lower Manufacturing Costs
Lower Manufacturing Costs Aptera has only 4 key structural parts, compared to Tesla's 200+ + Inexpensive and simple tooling Fewer robots ¥ + Fewer people No welds ¥ /ESTOR PRESENTATION
Slide 6: Manufacturing strategy with 3D printed tooling
uring strategy gives us the advantages of 3D printed tooling versus milled and finished metal tools 10x LESS EXPENSIVE 10x FASTER TO BUILD
Slide 7: In-wheel motors are easier to install and service
In-wheel motors are easier to install and service HIGHER TORQUE PERFORMANCE & 30% MORE EFFICIENT THAN WHAT OTHER EVS USE
Slide 8: Aerodynamic & Lightweight Design
Aerodynamic & Lightweight Design The lowest drag of any production vehicle, ever. APTERA VS OTHER SMALL EVS ~» 3x less drag ~» 50% lighter ~» Just as fast -» Just as safe
Slide 9: Aptera Roadster's Range is Greater Than 1,000 Miles
4 Aptera Roadster’s Range is Greater Than 1,000 mile ~» Lightweight and low drag -» 0-60 mph in less than 4 seconds ~» 3x—4x more range than other EVs
Slide 10: Solar Power is Integral to the Platform
Solar Power is Integral to the Platform It provides power to drive more than 11,000 miles per year -» Most drivers will never have to charge their EV ~» Three utility patents pending along with one design patent pending ~» Removes the EV recharge barrier for most of the US and European population 10
Slide 11: Extreme Solar Range
Extreme Solar Range Max 29.2 30.6 32.7 36.4 39.2 40.3 40.9 416 Miles per Day Avg 19.65 2085 22.15 24.5 26.15 28.4 29.75 31.4 Min 10.1 1 11.6 12.6 13.1 16.5 18.6 21.2 ep i 4 £€¢=> GED GED GED 7.228 7,668 8120 8870 9,599 10,479 10,924 11,484 NVESTOR PRESENTATION Miles per Year 11
Slide 12: Driving Ease
Driving Ease 1,000+ miles of range plus our advanced CoPilot will make long journeys a breeze. Aptera’s CoPilot-system hardware, developed in conjunction with a large Japanese OEM, means it can quickly compete in the autonomous-driving arena with Tesla, BMW, and Audi 12
Slide 13: Bringing Our Efficiency To Market
Bringing Our Efficiency To Market By 2040, electric vehicles will account for 35% of all new vehicle sales. Aptera will introduce its commitment to efficiency with production of 10,000 units by 2022 and 40,000 by 2024. SOOM Electric vehicles would account account for 35% of all new vehicle sales 400
Slide 14: Roadster Market Size
Roadster Market Size The total potential Roadster market is 600,000 units per year, with sales ramping up to a rate of 10,000 units per year in 2022. 2 PASSENGER CAR DRIVERS 140,000 UNITS PER YEAR EFFICIENT COMMUTERS 140,000 UNITS PER YEAR INVESTOR PRESENTATION MOTORCYCLISTS AND 3-WHEELERS 120,000 U
Slide 15: Scalable Distribution
Scalable Distribution Aptera's strategy leverages lessons from Tesla Direct-to-consumer sales Online promotion/test-drive scheduling & events in key markets Regional pre-delivery warehousing in leased facility requires little CAPEX Southern California rollout initially with Major Metro Areas soon af
Slide 16: Financial Projections
Financial Projections Aptera expects to realize margins of 35% by 2022 Vehicles Sold (all models) Revenue (in US $1,000) - - Costs of Goods Sold - - Gross Margin - z Operating Expenses 1,500 2,498 Net Profit (1,500) (2,498) 314 4,287 9,921 141,264 6,465 92,233 31% 35% 15,153 16,647 (14,560) 38,558 *
Slide 17: Funding
Funding $2.8 MILLION SEED FUNDING CLOSED Q2 2020 This round finishes the design and construction of 3 development vehicles, moving us to production designing by the end of the year. LOOKING TO CLOSE A $25 MILLION SERIES A IN Q1 2021 * This round starts Roadster production in North America and readie
Slide 18: Milestones
Milestones 10.000nit Delivered € 2,000units Delivered Ist Production Delivery : iS ° D2)2929292999999292)) 1b >>»99999999)3 Pre-Production Vehicles Production 4,000units Delivered First Validation Vehicles : Shown and Driven : Begin Testing Increased to 10,000 Design Effort : i Per Year Run Rate ‘Ga
Slide 19: The Paradigm Shift Begins
The Paradigm Shift Begins When Aptera launches, we will be introducing two special limited editions: * Paradigm Edition: built to be the Most Efficient Vehicle on the Road with 400mile range, Enhanced Audio, 100kW, Full Solar, and special Paradigm interior features (220 vehicles - first production r
Slide 20: Thank you
®) aptera Thank you MODERNIZING ELECTRIC VEHICLE DESIGN & MANUFACTURING INVESTOR PRESENTATION 20
Slide 21: The Team
The Team Steve & Chris have built a team with a proven track record of creating revenue from efficiency. | ctfuct]es 4 elieee Ilumina Mercedes-Benz PORSCHE Ke QING
Slide 22: CEO Steve Fambro
CEO Steve Fambro + Venture partner and COO of Ocean Holding, an investment and development company dedicated to advancing the use of clean, renewable energy * Founder of Famgro; raised $8m to launch a super efficient pesticide/herbicide-free indoor food- production system. Built the world’s largest
Slide 23: CEO Chris Anthony
CEO Chris Anthony Founder and former CEO of Flux Power, an advanced lithium-battery technology company that aunched its first products in 12 months and has reduced carbon emissions in industrial spaces by over 10,000 tons of C02 per year Founder of Epic Boats, a market leader in resin-infused crafts
Slide 24: Michael Johnson
Michael Johnson + Venture co-founder, owner, and president/CEO of Esenjay Petroleum, an upstream O&G exploration company based in Corpus Christi, Texas * Co-founder, major shareholder, and director of Flux Power, a lithium-power provider * Owner of Honey Brake Lodge, located on 20,000 acres astride
Slide 25: Jason Hill
Jason Hill + Founder and president of Eleven LLC, a design studio whose clients include Subaru, IAT, WM China Motors, and SUNRY Automotive + First designer at Porsche’s American design studio. Designed exterior of the Porsche Carrera GT show car (basis for production version) + Designed the Aptera R
Slide 26: Mechanical Engineering
MECHANICAL ENGINEERING Nathan Armstrong + Founder of Motive Industries, an automotive and industrial-design firm * VP of Engineering at Metalcrafters, Aria Group, Draganfly and Havelaar Canada * Boeing CAD design engineer on the International Space Station * CAD engineer on commercial aircraft, Delt
Slide 27: Marketing
MARKETING Sarah Hardwick Founder of Zenzi, an award-winning marketing agency that launched the original Aptera into the media spotlight and helped to build a loyal following of likeminded fans and investors. Nearly two decades of experience partnering with high profile brands including Nestle, Chiqu
Slide 28: Autopilot & Interface Systems; Aerodynamics
Vt AUTOPILOT & INTERFACE SYSTEMS Brian Gallagher Founder of Andromeda Interfaces. Led the development of HMI and full self-driving technologies for Toyota and Kia Leads the design of vehicle interfaces, displays, and control systems at Aptera Developed HMI technologies and control systems at Illumin
Slide 29: Mechanical Design & Surfacing; Visual Design
MECHANICAL DESIGN & SURFACING Darren McKeage Founder of design studio Keage Concepts Co-founder and VP of Design, Motive Industries. Offers complete design services to automotive manufacturers Designed a robotics line for Genesis Robotics, the Bison EV pickup truck, and a supercar for Will.i.am M.A.
Slide 30: Additional information available upon request.
Additional information available upon request.
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