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Steve Fambro speaks
Posted by OZ. on November 8, 2022 at 9:49 amPodcast interview with Steve Fambro from WhereWeGoNext.fm https://wherewegonext.fm/episodes/steve-fambro
Biker replied 1 month, 1 week ago 17 Members · 20 Replies -
20 Replies
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Agreed! This was an excellent interview that put some unique perspective into the history of Aptera. Worth your time.
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This is a really great interview. I would highly recommend a listen. Thanks for bringing this to our attention.
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Great interview, well worth the 1 hr of my time to listen to this podcast.
Enjoyed hear more about the history of Aptera from Steve himself.
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Nothing new for we devotees, but from Steve’s mouth to more ears is always a good thing.
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At 9:18 Steve mentions a couple of interesting things.
Firstly that half of people people pre-ordered a $40k or higher configuration. I find that a bit weird given that they’ve previously said that the 400 mile variant was the most popular.
Secondly, they also want to target the cheaper end of the market, so they are looking to see where they can make things more affordable. Not sure whether that’d be a future model, or if they are talking about the current configuration.
— Edit: Added a transcript of that question & answer.
Q – “And you want to build these pretty affordably, tell me about that.”
A – “Well, the lowest, the lowest price vehicle, which is on our website, is around 26000 dollars. Well, most people, over half the orders, are for configurations above 40,000 dollars.
So, some people might see the low price and are attracted to it, and I think, moving forward, we want to, we want to not only address that market, but figure out what tools we have to bring to bear to, to really make it a cost competitive vehicle, lower the price as much as we can, but in the short term, most of the orders are for 40,000 dollars, and up. About 15%, I think, are for 50,000 dollars and up.
So people are overwhelmingly choosing the bigger batteries, and the all wheel drive, and some of the premium options.
But our, our mission long term is to be able to produce these vehicles and make, ah, to make them affordable for everybody. Because we want solar electric vehicles to proliferate, and the way to do that, you have to make them affordable.”
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This reply was modified 3 months, 4 weeks ago by
Michael Marsden.
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This reply was modified 3 months, 4 weeks ago by
Michael Marsden.
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This reply was modified 3 months, 4 weeks ago by
Michael Marsden.
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This reply was modified 3 months, 4 weeks ago by
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I didn’t think it was possible considering over half of the orders were supposedly 400/250 mile versions. Then again most of the numbers are based off old data or public polls I’ve seen around. Either that or the actual price is going up and that’s the price he based his statement on. Otherwise saying over 40k just doesn’t make sense, around 40k might though. My 600 mile preorder with full solar/cruise control is currently $36800. Other than potentially the off road kit I can’t see many worth paying more for after seeing the prototypes (pet /camping kit).
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Over half are 400 mile variations. Math doesn’t add up. Only 600 + 1000 will pass the threshold of $40k. Just as Steve mentions the lowest price I think listed in our web sight is $26k…..again he is rounding off. Then shifts over to most of our orders are for 40k or higher. Maybe rounding up again, as I feel he is directing this to potential investors. Also the possibility that the overall average maybe close to 40k. Steve doesn’t ever seem to speak in true specifics.
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Steve seems to be making the rounds with another interview:
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38k pre-orders with $1.4B makes sense. Average $36.8k per car and my order is 400 miles range with the option of about $35k+.
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> “38k pre-orders with $1.4B makes sense. Average $36.8k per car and my order is 400 miles range with the option of about $35k+.”
I wonder what the conversion factor will be. It’s usually in the 25%-40% range, but $70-refundable is a pretty low bar.
However, I do think that the number of orders will ramp up massively once vehicles start reaching the streets.
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A few interesting reveals, especially about the collaboration with CPC, in this somewhat recent podcast:
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A lot of good information here! Perhaps some that will be a part of the launch vehicle presentation.
Good insight into Aptera blossoming from a mom and pop garage shop to a distributed, international enterprise planning and ready for volume production for all markets. Many great things came from garage enterprises. HP and Apple come to mind.
Production is now more assembly with critical QA at the source of the component best for defect prevention and remedial remediation if required before going to assembly.
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Steve Fambro posted this to his channel:
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Probably about as far as it can go in snow! BTW, I figured he was talking about either Lake Geneva or Lake Constance; I wonder which Swiss lake that is.
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Given that they are in St Moritz and unlikely to drive very far, it’s likely one of the small lakes around town.
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