Aptera Founders Ousted In EV Startup Rite Of Passage

Wired has some fantastic coverage of Aptera’s coming-of-age struggles, which have been come to a head since the firm received permission to tap the federal ATVM loan program, the most important rite of passage for boutique EV startups. In short, the auto industry insiders led by Paul Wilbur, formerly of Ford and Chrysler, were delaying production for reasons that made little sense to the firm’s founders. One passage by Wilbur poignantly indicates the nature of the rift:

For months we have been receiving important feedback from you, our depositor community, and we have come to realize there were flaws in our initial product assumptions — specifically as it pertains to satisfying the needs of real-world consumers. Our greatest degree of learning came just a few months ago when we asked all of you to participate in a brief survey. This critical piece of research requested insights about your expectations for our company and our products, and we discovered a notable disconnect between our product plan and realistic expectations. Some modifications had to be made. For example, you helped us realize that some trade-offs for convenience (like being able to grab a burger in a drive-thru) might be necessary to make the ownership experience more palatable, even if it cost us a couple tenths of a point on our drag coefficient.

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  • VoGhost Great to see leadership from Washington in supporting American businesses and job creation.
  • VoGhost Oh, Mattie, I am BEGGING you to take a course in economics. There's probably a community college near you offering courses for free or very cheap. Seriously, people this ignorant of basic economics really should not be writing this drivel. Stick to what you know: pimping for big oil.
  • 2manyvettes I was a computer instructor in a local technical college for some years teaching Windows OS and Micosoft Office. Not long before I retired I purchased a Mac Book Air laptop. It didn't take me long to learn the Apple OS and the first thing I learned was the lousy job Microsoft did ripping off the Apple software. I purchased Microsoft Office for Apple at the time and discovered when Apple upgraded the OS to 64 bit and my 32 bit Office software would no longer run on the laptop, that embedded in the Apple OS was software that could open any Office file and could save any file in Microsoft file format. I have always felt if Apple sold product at PC prices they would put Microsoft out of business. Oh, and I bought my Mac ten years ago and still runs like brand new. Effect on Rivian? Who knows? Based on my experience with their technology, it could be interesting.
  • Spectator This was an amazing vehicle. Back then Acura knew how to make a plush and comfy seat!
  • Syke F1 fan and normally watch every race, although most of them are DVR'd. I've got my Xfinity box set up to record everything automatically. This past Sunday I watched the race live for a change.