Startups That Failed In 2011
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Aptera Motors

Aptera Motors, startups that failed in 2011After failing to woo the investors, Aptera Motors shut down its business. The California-based startup was known for developing the space age, three-wheeled electric 2e, but failed to raise necessary funds to put its ultra-efficient electric vehicle into production. The company raised $150 million loan offer from the U.S. DoE, however it could not secure $ 80 million in private investments required to receive the DoE funding.

 
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