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$44M Solar-Powered EV Production Deal Struck

The deal seems like a win-win: - Launch becomes an early investor in Aptera - Aptera gains a partner with access to volume discounts and mass production facilities - Launch is incentivized to help Aptera succeed thanks to its new ownership of Aptera stock warrants. The deal answers several questions that had been outstanding for the Aptera launch plans: - How can Aptera build thousands of vehicles given that other startups like Lucid and Rivian have burned through millions of dollars to reach the same goal? Now they don't have to.

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