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1:30
Hello and welcome to How I
1:32
Built This Lab. I'm Guy Raz. So
1:34
when it comes to cars, the internal
1:37
combustion engine is probably
1:39
going to go away over the next 50 years. Every
1:42
year, electric cars are getting better
1:44
and going farther, but you
1:46
still have to plug them in. So imagine
1:49
a car that can drive without having
1:51
to plug it in at all. A car
1:54
powered by the sun. It's
1:56
not a new idea, but it's a massively
1:58
difficult one. In part,
1:59
because you need a lot of energy
2:02
to power a car. So to solve
2:04
this problem, a team of engineers in
2:06
Southern California have designed a solar
2:08
electric hybrid. It's a car that
2:10
can travel up to 40 miles simply
2:13
on sunlight, and the way they've done
2:15
it is to streamline the design.
2:18
The car is called the Eptara and it's already
2:20
available for pre-order. It has three wheels,
2:23
two seats, and a massive storage
2:25
area in the back, enough for skis in the
2:27
surfboard. Steve Fambro is
2:29
the
2:29
co-founder. He's been thinking about how
2:32
to design cars more efficiently for
2:34
a long time. He actually started
2:36
his career back in 2005 as
2:38
an electrical engineer for a San Diego
2:40
biotech firm called Illumina, and
2:43
the idea for Eptara actually
2:45
came to him while sitting in traffic during his
2:47
daily commute. I'm just doing
2:49
what everybody does in San Diego that
2:51
works south. You
2:53
know, you're sitting on the highway, a freeway, driving 10
2:56
to 15 miles an hour and stopping the traffic.
2:59
I was driving a Ford
3:02
F-150 pickup truck. I was one of those people. I'm like,
3:04
you know. I think it's a best-selling car in the US. It is.
3:06
It's amazing how that is, you know,
3:08
but it's like I used the bed
3:10
of it twice
3:13
before I sold it.
3:14
So I'm thinking to myself, you know, I
3:17
was also a student pilot at the time, so I had
3:19
an understanding of aerodynamics, and I
3:21
was just thinking about aerodynamics and planes
3:24
and looking up at the planes and saying, oh, the planes are flying
3:26
by. I'm staying still, you
3:28
know. And then look at these vehicles.
3:30
They're all boxy, even my own, you know. It's just this
3:33
big, big boxy thing, and
3:35
so I started doing little things like I would fold
3:37
my mirrors back and
3:40
or, you know, let down my tailgate and try and see
3:42
on a long trip if I could get more gas mileage.
3:45
And then,
3:46
you know, I just did some reading, and I said, wait a minute,
3:49
these cars, like 60%
3:52
of the energy is just pushing the air out of the way. They're
3:55
like boxes or pieces of furniture pushing
3:57
air out of the way. They're not made
3:59
for aerodynamics.
3:59
So basically,
4:02
you were just a commuter driving
4:05
a Ford F-150, and also you
4:07
happen to be an engineer, and you were
4:09
just asking yourself why are
4:11
cars designed
4:13
in such a way as to just
4:16
increase
4:18
the drag? Because essentially it means that a Ford
4:20
F-150 probably gets like 17, 20 miles per gallon, if
4:24
that. I
4:26
mean, I'm sure it's better now. At
4:28
the time, I think it was around 14 miles per gallon,
4:30
and I could squeeze out 17 if I
4:33
did all these tips and tricks. But
4:37
you could see, once you ask a question and
4:40
see it in
4:41
the following perspective of basically
4:45
a continuous lineage from sort of Roman
4:47
carts to horse and carriages to modern
4:50
cars, you can see that four
4:52
corners, a wheel under
4:54
each corner, and just various
4:56
manifestations of that. And so it's understandable
4:59
how none of that would really change. It
5:01
would just kind of slightly evolve. And
5:05
I thought what was needed to be the most efficient
5:07
was a rethink of the platform to have
5:10
the least weight and the least aerodynamic
5:13
drag possible.
5:14
And just to be clear, you were just doing
5:16
this as a tinkerer. You had a
5:18
full-time job at a biotech
5:21
company, but you started
5:23
to just draw designs on
5:25
paper for fun? Yes,
5:28
you know, I was my
5:30
wife and I at the time, we didn't have
5:32
any children. And so this
5:34
meant that, you know, Saturday mornings, I could lay
5:37
out my drawings on the living room floor, I could drink
5:39
coffee all day, I could work in the garage,
5:41
you know, without distraction. And
5:44
it was just a hobby. And at some point,
5:47
I thought, you know, I'm probably not the only
5:49
person
5:50
that wants this. I
5:52
should
5:53
think about how would I make this and sell
5:55
it, you know, I'd have to have a business plan. So
5:58
I worked with someone, I've never written a business plan. plan.
6:00
I was an entrepreneur and so
6:02
I kind of started from there.
6:04
And so I guess
6:06
around the same time, in San Diego
6:09
you meet this guy Chris Anthony,
6:11
and Chris had like
6:13
a small business where he made boats? Yes,
6:16
he had a company called Epic Boats
6:18
and he was using these computational
6:22
fluid dynamic tools to make the
6:24
boat have more
6:26
drag, so to make a bigger wake so
6:29
you can have more fun. So he's working on the opposite, that you
6:31
wanted the boat to be more drag.
6:33
You're working on something with less drag, but this
6:36
was for wake boarding, basically
6:38
a specific type of boat designed
6:40
to make wake boarding more fun
6:43
or more exciting, I guess. Yes, apparently
6:45
it is a thing. I didn't even know it was a thing.
6:47
You know, I don't get out much. It's like water skiing
6:50
on like a
6:52
boogie board. Wake board is gonna kill
6:54
me for saying that, but it's sort of like that. Yeah,
6:56
it's kind of like that. You have this this wake in
6:58
perpetuity, you know, that you can sort
7:00
of surf behind or even do
7:03
wakeboard tricks and stuff behind. And
7:06
in Mission Bay here in San Diego, it's
7:09
pretty popular.
7:10
Yeah, you hold on to a rope or yeah,
7:12
like when you're water skiing.
7:15
That's right. So he was working on that, so you
7:17
meet him. He's somebody you feel like, I
7:19
should get to know this guy because he knows how to design
7:21
a boat, so maybe I could
7:24
talk to him about designing my vehicle, whatever it's gonna
7:26
be. Yeah, you know, we both are,
7:29
you know, I had my own shop full of tools,
7:31
you know, welder and mini
7:34
lathe and, you know, I of course
7:36
could make circuits and things like that as well,
7:38
so I was pretty handy myself. He was also
7:41
handy with hand
7:43
tools and he could, you
7:45
know, Chris is a bit of a polymath, you know, so he has many
7:48
different talents. He's actually a finance guy
7:50
by training, but I could see, you know,
7:52
sort of by inspection, I could see the work
7:54
that he's done. He's able to make
7:57
things that he can visualize,
7:59
which which was a really unique trait. And
8:02
as we are talking about some of these problems
8:05
and how we might build the structure, how
8:07
it might need to be shaped to carry the load,
8:10
he could easily
8:12
visualize, whereas maybe I would need
8:14
to do more math to convince myself
8:17
of something.
8:17
All right, so you start talking to Chris, and
8:20
what did you have in mind at that time in
8:24
terms of what you wanted to do? You
8:26
knew you wanted a vehicle that was more energy efficient,
8:29
and were you thinking like a traditional
8:31
car?
8:33
What kind of designs were
8:35
you thinking about? Well,
8:38
once I saw what was
8:40
possible, when we said, well, let's
8:43
ask, let's see what the,
8:45
like in engineering oftentimes, you'll set
8:47
a term to zero. You
8:50
won't know the answer, but you'll set a term in an equation
8:52
to zero or infinity to kind of see
8:54
what the equation does. And
8:56
so I just sort of asked
8:58
myself rhetorically, what is
9:00
a drag shape with a
9:03
frontal area of X, and X is just basically
9:05
two people sitting side by side, but
9:08
with the coefficient of zero, what does that look
9:10
like? And what does that shape look like?
9:13
And once we determine what that was
9:16
through our research, we
9:18
believe that with the diesel engine at the
9:20
time, we could achieve over 300 miles
9:23
per gallon. And so we just, we
9:25
built the company around that, and we started fundraising
9:27
and got our first investor, and
9:30
it was off to the races.
9:32
So, all right, let's
9:34
kind of, I'm just curious, I mean, about
9:37
the decision you made to leave your
9:39
job and to start a
9:41
car company. I mean, it was kind
9:43
of, let's just be honest,
9:45
kind
9:48
of nuts, right? I mean, when
9:50
you went to your partner, I
9:53
think you were married, your wife at the time, did you
9:55
say, hey, I want to start a car company.
9:58
And I mean,
9:59
You had a job and
10:02
this is kind of an ambitious thing. It's
10:04
not like just starting a farmer's
10:06
market stand. I mean, it requires a lot of capital
10:08
and a lot of ... There's a lot. There's
10:11
a long road to make that work. What
10:13
was her reaction? I
10:16
mean,
10:17
it's very interesting. It's
10:19
an interesting question and also situation
10:22
for the reasons you just said. I
10:26
had every reason to stay there. I
10:28
would have been retired by now from the money I would
10:30
have made on my stock options had
10:33
I kept them and not liquidated to start
10:35
Aptera. My friends
10:37
at Illumina remind me of that often. But
10:41
I remember once
10:44
I saw that the only way I could do this
10:47
was full time, raise money full time
10:49
and build the company. I went home and I told my wife,
10:51
I said, honey, she
10:53
was like six months pregnant, by the way, our first
10:55
child. Wow. I want to
10:58
quit Illumina and start
11:00
a car company. And you know
11:02
how every
11:04
woman, I think, when they go through pregnancy,
11:07
they have different experiences. Some
11:09
have bouts of sickness or immense
11:12
joy. My wife was a
11:14
ladder. She was just ...
11:16
Whatever hormones were in her body because
11:18
of that made her extremely happy
11:21
about everything. And so
11:23
I remember I told her that
11:25
I'm quitting to start a car company. She just kind
11:27
of smiled and said, okay, hon, that's great. I
11:30
was like, what? Like did she even hear what I
11:32
just said? Maybe
11:34
she didn't understand. She's
11:36
also an electrical engineer. And so she had an appreciation
11:40
of the challenge ahead. So
11:42
you and Chris decide to start
11:44
this car company called Aptera, which it
11:47
means wingless flight. It's right in
11:49
Greek. Or I guess more simply wingless,
11:52
like a pterodactyl. If you say
11:54
Aptera, it's just without wing.
11:57
Without wings, okay. And
11:59
you see ... set out to design, and I'll
12:01
try to describe it, but
12:04
maybe you can do a better job. Basically, a
12:06
three-wheeled vehicle, like two wheels in the front,
12:09
one in the back,
12:11
and it looks like the fuselage
12:13
of a small airplane, right? It's like a
12:16
motorcycle-car hybrid kind of thing. Yes,
12:19
if you can, since we're on
12:21
voice and radio, or audio
12:24
rather, I'll describe it. If you can imagine the
12:27
shape of a shark,
12:29
maybe flattened out in the middle,
12:31
but without the fins, and then with
12:33
two wheels in the front of where the mouth is,
12:35
and a wheel in the back where the
12:38
tail is, that's kind of what Aptara
12:40
looks like.
12:43
There's actually a lot of biomimicry there, because
12:46
sharks, other
12:48
fish that swim near the bottom of the
12:51
ocean or lake, in what they call ground
12:53
effect, where you're not in the free
12:55
stream, but you're down very low to the surface,
12:58
those creatures also
13:00
camber their back, like
13:02
Aptara is cambered, and
13:05
that radically reduces the
13:08
drag coefficient. So
13:11
it's a
13:12
fundamental discovery that I
13:14
made early on in the process. This
13:18
is not the free stream. This doesn't
13:21
need to be a symmetrical sort of an
13:23
airfoil or a teardrop. This needs
13:25
to look different, because
13:27
it is in what they call ground effect.
13:30
So how did
13:32
you finance building that
13:34
prototype? Because you
13:36
had a prototype within two years. By 2007,
13:39
you had the first vehicle. How did you finance it? Who supported
13:41
you? Well,
13:49
our first investor was
13:51
a business incubator
13:54
in Pasadena called Idea Lab. And
13:57
they were instrumental in getting us off
13:59
the ground.
13:59
and connecting us with ongoing
14:02
funding. And we actually had the first prototype,
14:05
I think within about six months of funding. And
14:07
it was really just myself, Chris, and a
14:09
young engineer. And we were working 20
14:12
hour days. We were doing all
14:14
the work ourselves, welding, wiring,
14:17
and everything else. And it was just lots
14:19
and lots of long hours. And
14:22
that was just the only way
14:24
to do it. And then the
14:27
sort of production intent version, the Mark I, we
14:29
launched September
14:32
27th, I think it was 2007. And
14:35
on the day that we said we would, around
14:37
January or so, we
14:39
told our board and everyone else this
14:41
is when we're gonna launch it. And it launched that
14:43
day.
14:45
We're gonna take a quick break, but when we come back,
14:47
more from Steve about Eterra's early
14:49
rise and fall, and how he
14:51
and his co-founder are making another run at
14:54
solar powered cars today. Stay
14:56
with us, you're listening to How I Built This Lab.
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Welcome back to How I Built This Lab, I'm Guy
16:22
Roz. My guest is Steve Fambro, founder
16:24
and CEO of the solar car company Eptara.
16:27
So it's 2006, way
16:29
before electric vehicles were mainstream. In
16:32
fact, there was barely an electric
16:34
vehicle industry at the time, there
16:36
were no charging standards, nothing built
16:38
for the industry, but Steve was certain
16:40
he was on the right track. We believe
16:43
that electric was the future, it
16:45
made all the sense in the world. We
16:47
don't need to be burning hydrocarbons, even
16:50
if they're
16:50
very efficient, there's better ways
16:52
to power a vehicle and that was with electricity. I
16:56
mean, essentially you had
16:59
this electric
17:00
vehicle, this prototype and I think you
17:02
unveiled it and it's the public,
17:04
a TED conference in 2007 and
17:07
that really got people excited. You got a
17:09
lot of interest and
17:12
you had a lot of people
17:15
coming to you to make
17:18
investments and
17:21
people wanted this car, people were really
17:24
excited about it. Yeah, that
17:26
was a really big, that conference
17:28
was a really pivotal event for us because it
17:31
put
17:31
us on the map, it got a lot
17:33
of press, it introduced
17:36
us to lots of investors and
17:38
we went on to raise probably another $40 million
17:41
or so at the time before
17:44
we left the company.
17:46
So, all right, so this
17:48
prototype comes out and by the way, it looks
17:51
like what the car looks like today, it
17:53
looks very similar, but there's
17:55
a lot that happened between then and now.
17:59
And so let's talk about some of what happened.
18:02
I mean, there was a lot
18:04
of interest. I mean, eventually
18:06
within a year or so, you had
18:08
about 4,000 people put down deposits
18:11
to buy
18:12
one of these really cool vehicles, two-seaters,
18:16
but with a lot of trunk space. And
18:20
meantime, you, I guess you would, Chris, your
18:23
co-founder, decided to find a CEO,
18:25
like a professional CEO, who
18:27
could really kind of take the company to
18:29
the next level, but
18:32
for a variety of reasons that would turn out to be maybe
18:35
not the right decision. Well, you know, it was a tough
18:37
time for any startup at that time. I
18:40
remember a lot
18:43
of the VCs we were talking to,
18:45
they were,
18:46
at that time, it was the economic downturn. It
18:48
was gloom and doom. I still remember Bill Gurley,
18:52
prominent Silicon Valley VC at the time. Vested
18:54
in Uber and many others, yeah. I remember
18:57
he had a single slide on a PowerPoint
18:59
with sort of a
19:01
piece of ham, where all the ham was gone
19:03
and a knife on a bone saying cut
19:06
to the bone. That was his advice
19:08
to all of the startups at the time. And
19:10
so, we recognize that
19:12
the team, the professional
19:15
team that we hired, they
19:18
were working with the Department of Energy to get
19:20
a loan and to bring in a four-wheel vehicle.
19:22
And with the cutting to
19:25
the bone mentality, we thought maybe
19:27
the company would be in better
19:29
hands if we left it to the professionals and we
19:31
would go off and start
19:32
another company. And that's what Chris did
19:35
and that's what I did. And basically
19:37
what would happen if I'm, just to summarize
19:40
it, I mean, the company
19:42
sought out loans from the government, the Department
19:44
of Energy, which did give big loans to Tesla
19:47
and to Fisker and even to Ford,
19:50
but initially, because
19:52
you had a three-wheeled vehicle, you weren't eligible
19:54
for one of these loans that were designed
19:56
to help electric car companies get
19:58
off the ground.
19:59
And I guess the team
20:03
that you sort of hired to run the company decided
20:05
that maybe they should move
20:08
towards a four wheel vehicle, like
20:10
a traditional sedan, and
20:12
that's where they kind of shifted all their energy
20:14
towards. Yes, that's exactly right.
20:16
And so they had used a
20:18
lot of the same concepts and ideas
20:21
to
20:22
design a four wheel vehicle. I think that's what they were
20:24
trying to get through the DOE at the time. So
20:26
essentially by 2009, you and Chris
20:29
were on the way out. You had started
20:32
this company in 2005, but about
20:34
four years later, there's a
20:36
professional team, many of whom had come from
20:38
the automotive industry, running
20:40
Aptera.
20:42
And I guess you felt like
20:44
there wasn't much for you to do at that point
20:47
in the company?
20:48
Yeah, I mean, that's basically
20:50
it. We wanted to make
20:52
sure if we're there getting a salary, that
20:55
we're adding value and all moving
20:57
in the same direction. And I think
21:01
the direction that the team and the
21:03
board wanted to move was the four wheel
21:06
and the DOE alone. And so we felt that we
21:08
would
21:09
probably add more value to something new
21:11
and something different. The professional team was
21:13
in place and sort
21:15
of left in charge. All right. So
21:18
you guys leave. At the time, Aptera does
21:20
manage to
21:22
secure a loan, a commitment, I should say,
21:24
but they had to, I
21:26
guess there was a condition. They had to raise money
21:28
from the private markets,
21:31
but for a variety of reasons that
21:33
fell through. And
21:35
by 2011, the company you founded, Aptera,
21:38
it shut down. It basically
21:41
liquidated and refunded the
21:44
depositors money who wanted people who
21:46
deposited on the cars and then paid investors
21:48
back what they could pay them back.
21:50
That's right. I mean, how did you feel?
21:52
I mean, so this sort of dream
21:54
that you guys had, that was it?
21:57
I mean, were you... How did you feel
21:59
at that time?
21:59
You know,
22:04
at the time I tried to
22:06
channel all of that grief, like in
22:08
this, in the positive energy. And, you know, so
22:11
I did the day I left Aptara
22:14
originally, you know, I was maybe two or three weeks
22:16
before I had, you know, my first signed term
22:18
sheet for my new company. And
22:21
I just tried to put all of that thought and
22:24
grief into energy and the momentum, you
22:26
know, into something different. But it's,
22:29
you know, it's analogous to the loss of someone
22:32
that you love and you never really
22:34
get over it.
22:35
You, in the meantime, you were working
22:37
on this other company, this vertical farming
22:41
company that would allow people, I guess, to raise their own
22:43
vegetables
22:44
inside their homes or? Well,
22:46
it was more industrial food
22:49
production, but indoors. But it
22:51
was
22:53
the idea of
22:54
growing food is densely packed
22:57
in three dimensions as you could, and then only
22:59
expanding it out at the time of harvest
23:02
so that you could, in the smallest
23:04
amount of space with the least amount of energy
23:06
and least amount of water, raise,
23:09
you know, the highest amount of biomass per
23:11
unit area
23:13
per unit time.
23:15
Wow. Meantime, Aptara
23:17
is just done. The assets were auctioned
23:20
off. Apparently, there was
23:22
a Chinese company that, you
23:24
know, at some point tried to spin out another
23:27
like independent company called Aptara
23:29
US that sort of would make a gas
23:31
version of the car, never really took
23:34
off.
23:35
But it seems like
23:38
this Chinese company that essentially
23:40
bought the assets never really filed
23:43
to take over Aptara's IP.
23:46
Yeah, they didn't really do much of anything
23:49
with it. And
23:51
I think even the company that
23:54
one of the one of the people that bought the assets of the first
23:56
auction, they ended up with a bunch of the older
23:59
vehicles.
23:59
sitting in a warehouse up somewhere in Northern
24:02
California that we've, you know, Chris
24:04
and I have tried to locate just for sentimental
24:06
reasons. You know, we'd love to have them as part of our heritage
24:09
is sort of on display or something. But
24:11
yeah, they were sort of cast to the four corners
24:13
of the earth and the IP,
24:16
the products and tools and nothing
24:18
ever really happened with it. And it just kind of a sad
24:21
as an idea in my mind and Chris's mind
24:23
and Jason, a few others, you
24:25
know, for
24:27
basically until we were able to bring
24:29
it back to life.
24:30
So tell me how that happened. I mean,
24:34
2019 you and Chris
24:36
joined forces to relaunch Aptara.
24:38
Like tell me about the conversations you were having
24:40
to do that because I mean, you
24:43
started in 2005, it essentially folds in 2011 and probably
24:45
most of the investors
24:50
lost money, right?
24:54
So tell me how, I mean,
24:56
how did you guys even start talking? Like take
24:58
teaming the conversation. Like, let's, let's
25:00
start this again. Let's, let's go back to this thing.
25:03
Actually, I think it might've started
25:05
with our lobbyist, Dwayne Gibson,
25:07
who was in town and
25:10
just, you know, wanted to reconnect.
25:12
And just to be clear, you had a lobbyist that you
25:14
hired
25:15
to work in Washington DC to focus on
25:18
subs, like on, on loans
25:20
and subsidies that the government was offering to electric
25:22
car makers. Correct. It
25:25
helped us navigate the waters, you know, when
25:27
you're connected with someone like that, it's not just about
25:30
sort of lobbying for loans and programs.
25:33
It's also you're making sure you
25:35
have a seat at the table with
25:39
different regulatory bodies or that you have
25:41
the right legal oversight, you
25:43
know, protection and certain regulatory affairs.
25:45
And so we were just sort of kicking around
25:48
the idea saying, look, you know, that
25:50
who is it? There's just Tesla really, you know, there's
25:52
no one else. And why is that? And, and
25:55
everything is just an electrified car.
25:57
It's not really designed.
25:59
It doesn't appear to be designed from scratch
26:02
as an electric vehicle. And
26:05
Chris,
26:06
of course, owning this battery company and
26:08
us talking about it, the numbers and said, well,
26:10
with the new technology, how
26:13
many batteries could we fit in an ApTAR anyway? And
26:16
so we just started doing some back of the napkin calculations.
26:18
So, with these new batteries, we could fit 100 kilowatt
26:21
hours
26:22
in that vehicle and 100 hours
26:25
per mile, which is what
26:26
we achieved with the old ApTAR,
26:28
about 95 watt hours per mile, which is extremely
26:31
efficient. That would be 1,000 miles. And
26:34
so that kind of just,
26:36
it made our eyes open because
26:38
we knew from some little
26:39
bit of research that we'd done that
26:42
range wasn't the most, but it
26:44
was a very important factor in
26:47
deciding to buy an electric car or which electric
26:49
car people wanted to buy. And if you
26:51
could control the range factor,
26:54
then you could really control a significant
26:57
part of the market. And that was our premise,
26:59
is how do we blow up range? How
27:02
do we own range? And we do that
27:04
with efficiency. And that was really the genesis
27:06
of the restart.
27:09
We're going to take another quick break, but coming
27:11
up in just a moment, more from Steve about
27:14
his inspiration to go solar. Stay
27:16
with us. I'm Guy Roz, and you're
27:18
listening to How I Built This Lab.
27:28
Welcome back to How I Built This Lab.
27:31
I'm Guy Roz, and my guest is Steve Fambro,
27:33
the founder of ApTara Motors. So
27:36
basically, you decide, let's
27:39
still make an electric vehicle, but it'll have
27:42
solar panels all over it as
27:45
an additional source of power. Correct.
27:48
Correct. And it's
27:50
not like normal if you want, but most people won't ever have to because
27:52
here in Southern California, you'll
27:54
probably get about 11,000 miles a year of free charge.
27:59
Just by sitting it, just by leaving it outside,
28:02
it's just going to get powered by
28:04
the sun. That's right. And that'll give
28:07
it about up to 40 miles of range,
28:09
just from solar energy. That's right.
28:12
And that's because this is
28:14
a small and efficient vehicle.
28:18
Because I mean, imagine
28:20
that the technology around solar just isn't
28:22
quite there yet to power a one-ton
28:24
vehicle.
28:25
You're
28:28
right. It's
28:31
you're looking at 25%
28:33
or so conversion
28:35
efficiency once it's all
28:37
encapsulated in a matrix.
28:41
And if you tried to do this to
28:43
any large electric vehicle, it's
28:46
barely going to budge the needle. So
28:49
the advantage of designing for
28:51
efficiency and being a brand that's
28:53
really grounded in efficiency above all
28:55
else is that these kind of things become
28:57
possible. And we can use a smaller
28:59
battery pack. It's going to mean
29:01
less cells and less cost for the battery
29:04
and hopefully a lower cost to the consumer,
29:07
more range, less charge time, et cetera,
29:09
et cetera. That's the direction
29:11
that we push stuff. It's to push
29:13
to more and more efficient using less
29:16
and less energy along the way. How do
29:18
we keep reducing the amount of energy that the vehicle
29:20
uses while expanding the amount that we're producing
29:23
on the solar panels? So let's
29:25
talk about the car. Obviously,
29:28
now the landscape is very
29:30
different from 2005 when you started. It's
29:33
a different environment. You're seeing a lot
29:36
of Model 3 Teslas
29:38
all over the United States now. You're
29:40
seeing a lot of the Kias, sort of a
29:42
lower price point. You're seeing obviously
29:44
Chevy and then the Ford F-150.
29:46
Lightning is out there. You've
29:48
got the Rivians. A
29:51
lot of companies, Hyundai, are in the game
29:53
now, in the electric car game.
29:56
Who is this for? I
30:00
mean, who is this
30:02
car going to appeal to? It's a different kind of vehicle.
30:04
It's a two-seater. And
30:08
so what part of the market
30:10
are you targeting?
30:11
Well, Aptara is a brand, and
30:13
the Aptara is a product,
30:16
are going to appeal to people who
30:17
want a kind of freedom,
30:21
a freedom of mobility, a freedom to go and
30:24
to move without being encumbered either
30:26
by a charge cord or having to pay for electricity.
30:31
That freedom from the old way of
30:33
doing things is really what Aptara is about. There's
30:36
lots of electric car choices out there and
30:39
lots of electrified cars, cars that are
30:41
just steel boxes with electric
30:43
components shoved in them. Those
30:46
are all
30:47
great products for different customers, and
30:49
they'll sell lots of them. But that's not what
30:51
we're about. We're about solar mobility,
30:53
and we're about giving that freedom to people.
30:56
And the first vehicle that you see, of course, a
30:58
two-seater, that's the tip of the sword.
31:01
But there's a product
31:03
portfolio and vehicles that
31:05
are coming behind that that are going to embody
31:07
the same ethos and
31:09
double down and triple down on efficiency and
31:11
solar. So expect to see
31:13
a family of vehicles from Aptara where
31:15
this is a first, but all of them are going to have the same
31:18
promise of the kind of solar freedom
31:20
and solar mobility. So I think the majority
31:22
of daily commutes
31:23
are under 40 miles. So
31:27
in theory, if you're just driving a
31:29
couple miles to the office, maybe the grocery store
31:31
and home, like solar power
31:33
alone could power the car. But
31:36
what about parts of the country where it's not
31:38
as sunny? Or on days when it's not sunny
31:40
at all, does the car store the solar power,
31:42
the solar energy?
31:44
Yes, it'll still charge.
31:46
It might only charge 10 miles worth
31:48
or 12 miles worth or
31:51
something like that. If it's overcast
31:53
or in a northern latitude. And
31:57
so the way to think about it is, are
31:59
you plugging in?
31:59
it in
32:01
once every six months? Are you plugging it
32:03
in once every month? That's
32:06
how it's going to impact people. It's
32:08
whether you get 30 miles a day, 40 miles a day, the launch
32:11
vehicle is going to get around 400 miles range. It's
32:14
really just going to affect, are you plugging it in monthly
32:16
or
32:17
maybe every
32:18
two weeks or something like that.
32:21
So that's how that difference in daily
32:23
solar charge is going to manifest.
32:25
You also
32:28
are, I mean, the body
32:30
of the car is different.
32:31
It's a carbon
32:34
fiber body. And
32:36
so, I mean, it kind of looks
32:38
like, you know, there are these like Velo
32:40
racing bicycles, right? It's
32:42
almost like this aerodynamic, like,
32:46
I mean, teardrop isn't the right description as you
32:48
said earlier, but it's sort of like that.
32:53
Is that also, I mean, does that also
32:55
enable it to, does that
32:57
enable the range? I mean, the weight
32:59
of the material, for example?
33:01
Well, it is a combination of both.
33:04
The drag, the low drag, which, you
33:06
know, the shape, the very
33:09
curvaceous, you know, shark-like shape
33:12
and the lightweight is both of those are what
33:14
really enabled the efficiency.
33:16
And the lightweight comes from composites. Now the challenge
33:18
with composites and the challenge with how
33:21
we were doing them before and how Chris was doing
33:23
with his boat company, very labor intensive
33:25
and it doesn't really scale.
33:26
And so what we wanted was a process
33:28
that we could stamp them out like you would
33:30
stamp out steel pieces and
33:33
produce them as fast as you would a steel car.
33:36
And that's what took us to Italy, to CPC.
33:39
Our partners have devised a very
33:41
high throughput process, which
33:43
to my knowledge, no one else in the world has this
33:46
capacity and this ability to
33:49
produce parts every, you know, four to six minutes,
33:52
just like you were producing a steel part. So
33:54
it's a strong composite
33:57
thermoplastic, but without, without
33:59
any.
33:59
of the hand labor and the waste
34:02
and the cutting and the materials and all that
34:04
other stuff. It just produces a nice
34:07
part
34:08
that comes right out of the mold, ready to be
34:10
vinyl wrapped or just
34:12
used without having to paint. It's a radically
34:15
different way of producing the vehicle. There's only six structural
34:17
pieces. And so being able
34:19
to build the vehicle from six pieces,
34:21
it's just order of magnitude, simplification
34:24
of tooling fixtures, et cetera.
34:26
So the idea
34:29
is to get these, I know that
34:31
you can now order, you can reserve one, right? I
34:33
mean, you have, I guess,
34:36
up to about 40,000 people have reserved
34:38
one. And
34:39
the idea is to start delivering them when?
34:43
About 43,000 ever reservations, about $1.6 billion worth of vehicles. We
34:50
believe, we're pretty confident after
34:53
about nine months of closing our Series
34:55
B funding somewhere between nine and 12 months, we
34:58
could deliver the first vehicle. We
35:00
still have lots of big things to do.
35:02
We have to go through our airbag certification program.
35:05
For example, we have to go through the ABS,
35:07
the ABS braking system
35:09
certification. For
35:12
those that may not know, you can't just order that
35:14
part and install it on the vehicle. It has to go
35:16
through the manufacturer's own
35:19
sort of certification process. So there's some things
35:21
like that that we still have to do. That's
35:23
why we're fundraising the Series B.
35:26
What about
35:28
the safety of the vehicle? It's
35:31
an enclosed vehicle, but it is three
35:33
wheels and it's a two
35:35
seater. And
35:38
so, obviously a motorcycle is not
35:40
the safest mode of
35:42
transportation, but this has
35:44
airbags, presumably. I mean, it has all the
35:47
safety features of a car. Yeah. Think
35:49
of it just as a modern car
35:51
in terms of safety features, you know, the rollover,
35:55
crush strength, airbags, seat belts,
35:58
interlocks, all that kind of stuff.
35:59
Same stuff we have, designed to the same
36:02
standards. So not required
36:04
for a motorcycle, but we're
36:07
just trying to adhere
36:10
to as many of the regular automotive standards
36:12
as we can. And
36:15
the price point starts at about $26,000, I think, right? High
36:19
20s for the
36:21
250-mile version, which is the smallest
36:23
battery pack, 25 kilowatt hour
36:26
and goes up to around $50,000,
36:29
I think, for the highest configuration, 1,000-mile range,
36:33
three-wheel drive. So the options
36:35
are basically battery pack size and
36:38
you want two-wheel drive or three-wheel drive. Those
36:41
are the big cost drivers.
36:42
In
36:47
terms of solar technology,
36:50
there are some companies, including Fisker,
36:52
which is coming back, right? It sort
36:54
of went away for a while and it's coming back. They're
37:00
also experimenting, or will be experimenting with solar,
37:02
I
37:04
guess you call it solar hybrid,
37:06
like solar electric hybrid maybe. What
37:09
kinds of leaps in solar technology have
37:12
to happen for a car to be fully
37:14
solar powered? If
37:18
the solar is going to be meaningful
37:20
on the vehicle, if it's going to add a meaningful range,
37:22
the vehicle is going to have to be aerodynamic, right? It
37:24
can't just be a boxy, flat-sided vehicle.
37:27
So if it's going to be aerodynamic, it means you're going to have
37:30
curves in 3D. So fundamentally, you're going
37:32
to be making 3D curve panels. So
37:34
that's number one. How do you bend those
37:36
cells without cracking or micro-cracking,
37:39
which will lead to a crack? And how do you
37:41
do it repeatedly and consistently?
37:45
And then also make that panel very lightweight
37:47
for an automotive application and then also
37:50
make it affordable and then also make
37:52
it able to stand up to hail and rocks.
37:55
That's what's required to make it practical.
37:58
And that's what we've been doing for the past two years.
37:59
years.
38:00
So, I mean, looking
38:02
ahead, five years from now, and there's
38:05
lots of Aptara's driving down the freeway, up
38:07
and down the freeways, at least in California and maybe
38:09
beyond, from what you know
38:11
and from your perspective, I mean, are we looking at
38:13
a future
38:15
sooner than we may think of electric
38:18
vehicles going a thousand
38:20
plus miles on one charge?
38:23
I definitely think so. I think Aptara's
38:26
gonna show the way because the way technology is right
38:28
now, there's no other way it's achievable
38:31
without this extreme obsession
38:35
with efficiency. There's no
38:37
other platform out there that can do it.
38:39
So, the vehicles, the
38:41
race for the high range, which I think is
38:43
going to be the new era that
38:45
you see unfolding, you know, in EVs,
38:48
when you look at where the innovations are, how do we
38:50
get more range? I think
38:52
you're going to see some common trends of aerodynamic
38:54
shapes, lighter weight materials, and
38:57
hopefully Aptara can maintain its lead in
39:00
that position. I
39:01
have to assume you're going to be one of the first owners
39:03
of the Aptara. When will
39:05
you be driving one around?
39:07
Permanently, I would say early
39:10
next year. Yeah, I don't
39:12
want to hand-build. I mean, I drive the
39:14
prototypes here all the time, but I want
39:17
to drive a production version. Yeah. So, I
39:19
have to fight probably Chris and a couple of other investors
39:22
for the very first one, but
39:24
we'll see. Maybe we'll, you know, spend
39:26
the bottle or something, see who gets
39:28
the first one, but I think
39:31
early next year I'll be driving one of the first ones. Sounds
39:33
like there's going to be a little bit of a fight. Yeah,
39:35
I've learned not to, you know, try and
39:38
arm wrestle him or fight him. I usually end up, you know,
39:40
the doctor's office if I do that.
39:43
By the way, I noticed
39:46
that it has rear-view mirrors, which presumably
39:48
affects drag. I think that's a regulatory
39:50
thing in the US, right? Because you can replace
39:53
rear-view mirrors with cameras, but right
39:55
by the US, but the regulatory
39:58
still require a rear-view mirror.
40:00
It's vestigial. It's
40:02
like saying, you know, you must have a clip for
40:05
your whip on your buggy, you know, you can't
40:07
have your whip laying around in the buggy. Like
40:09
there's no whip, there's no buggy. You know, we don't need that.
40:12
But it is a vestigial requirement. So
40:15
we have the least amount
40:17
of size required by law. Got
40:20
it. And the doors open
40:23
electronically or what? Because they open like wings.
40:25
Yeah, there's electric and mechanical
40:28
release. So there's a, the most
40:30
common way to do it is with a button that's right there on the
40:32
armrest, but then there's sort of a backup
40:34
mechanical release underneath it, which
40:36
many EVs have that strategy now. And,
40:40
but you can only fit two people, you can't fit more
40:42
than that, but it has a lot of cargo space.
40:44
Yeah, thousand liters of cargo space, which is
40:47
like, is comparison, you
40:49
know, any modern EV that's
40:52
out there, you fold down the back seats and
40:54
you get a thousand liters of space
40:55
or more in that era. So
40:58
it's, I mean, you can put surfboards in it, you can
41:00
put a ladder in there, tools,
41:02
you can put, you know,
41:05
if you're like a Macedonian
41:08
army reenactment person, you can put all your
41:11
spears and stuff in there as well. I mean,
41:13
it's an amazing amount of space. Hmm. Well,
41:16
that's a huge market. Apparently
41:18
a lot of Macedonian reenactors
41:21
out there. So that's a, that's a huge market.
41:23
Huge market. Yeah, we're going to be big in that market.
41:28
That's Steve
41:29
Fambro, co-founder and co-CEO
41:32
of Aptara Motors. Thanks
41:34
so much for listening to How I Built This Lab. Please
41:37
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41:54
This episode was produced by Kerry Thompson
41:56
with editing by John Isabella. Our music
41:59
was composed
41:59
by Ramtin Erebloui. Our audio
42:02
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