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"  Today, the automaker Aptera announced that it is ceasing operations, effective immediately. Essentially, the company ran out of money, which isn&amp;#039;t a huge surprise: It has yet to sell a product even though it&amp;#039;s been four years since we first took a spin in the company&amp;#039;s futuristic three-wheeled EV. President and CEO Paul Wilbur explained in a statement that the company couldn&amp;#039;t find private investors to match a proposed $150 million loan from the Department of Energy. In an effort to attract that investment, the company had switched focus from that interesting three wheeler to a more conventional four-wheeled electric car. More signs of trouble came back in August, when Aptera returned deposits to many of the customers in line to buy a vehicle when they finally rolled off the line. Aptera leaders vowed then to keep trying to secure the loan and shore up its finances, but the end came today. Starting a car company is extremely tough task, which is why more fail than succeed. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.popularmechanics.com/cars/a7348/aptera-officially-closes-its-doors/?click=pm_latest>