California electric car startup Aptera shuts down

Newswire

* Aptera shutters for want of funds, loans fall through * Backed by Google, NRG, IdeaLab By Nichola Groom Dec 2 (Reuters) - Aptera, the California startup best known for developing a space age-looking, three-wheeled car, has closed its doors after failing to raise the funds needed to put its ultra-efficient vehicles on the road. The company had received a conditional offer for a $150 million loan from the U.S. Department of Energy, but failed to secure the $80 million in private ...

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