FOR IMMEDIATE RELEASE
Corporate Veteran and Venture Capital Partner Joins as a Strategic Advisor
San Diego, February 18, 2022 | Aptera Motors announced today that Doug Lui, CPA, CA, a corporate veteran and venture capital partner, joins the company as a Strategic Advisor, bringing over 25 years of global finance experience.
At Vine Ventures, Lui is actively involved in several portfolio companies as a strategic advisor and resident executive, in addition to overseeing due diligence on all prospective and portfolio companies.
At Aptera, Lui will advise the company and its shareholders on the current and future capital structure and on-going financing. By assisting the executive team in leading negotiations, capital sourcing, and due diligence research, Lui serves as an asset for the company’s capital raising efforts strategy. Key to his role, Lui will also guide presentations to international investors– focusing on high net-worth individuals, family offices, sovereign funds, and private institutions across Asia, Europe, Middle East and Canada.
“I am excited to join Aptera’s compelling mission to create the most efficient solar mobility on the planet. As a strategic advisor, my passion is for finding conscious companies and supporting change-makers who are rethinking the status quo is what drew me to Aptera, and I look forward to guiding the company’s funding efforts in this next phase of development.”
Previous to returning to Canada, Lui was the Chief Audit Executive, at Sand China Ltd (HKEx: 1928), the world’s largest gaming company, developer, owner and operator of multi-use integrated resorts including the famed Venetian Hotel.
Liu has additional experience in leading global and regional executive teams in the Hong Kong-based Peninsula Hotels Group and the German enterprise software giant SAP AG. Based in LA and New York, he was the Global Finance Director of Universal Music Group, the world’s largest music publisher, and Controller for the Universal Studios Group. He also headed the Operational Risk Management and Corporate Policy functions in one of the largest financial institutions in Southern California with over US $20B in assets.
Jannies Sun-Burlingame, Aptera CFO, noted, “We are thrilled Doug is joining our movement to revolutionize solar mobility. Doug will provide strategic advice and support on professional valuation, data room structure and content, separate IP arms, and other services to help raise market value and valuation. His expertise and global experience is invaluable to us as we enter a crucial phase of expansion.”
Chris Anthony, Aptera co-CEO, stated, “Doug joins us at the right time as we look to attract more investors in our next funding round and look towards an IPO. Doug’s expertise and discernment are crucial to our success as we ramp up production and work to deliver our first vehicles. We’re honored to have him as a part of our movement.”
About Aptera Motors
Aptera Motors delivers the world’s most technologically advanced solar electric vehicles (sEVs), made possible by breakthroughs in battery efficiency, aerodynamics, material science, and manufacturing. A lightweight three-wheeler, Aptera is the first in a series of eco-friendly vehicles that will be offered for consumer and commercial use. It has the longest range of any production vehicle with 1,000 miles per charge and the ability to travel up to 40 miles a day on free power from its integrated solar panels. With only six key structural parts, Aptera’s unique body shape allows it to slip through the air using far less energy than other electric and hybrid vehicles on the road today. Learn more and join over 16,000 Aptera reservation holders at www.aptera.us.