Taiwan Energy Co. to supply batteries to Aptera, can produce SEVs

Nancy Pelosi isn’t the only American to shake things up in Taiwan this week. Aptera co-founder and co-CEO Chris Anthony is here with Taiwanese energy company Formosa AdvEnergy Technology Corp, on the heels of a new deal to supply batteries for Aptera’s upcoming solar electric vehicles. Additionally, a local news report in Taiwan indicates that AdvEnergy also plans to produce the Aptera SEVs in Taiwan, but we are skeptical.

Aptera first unveiled its flagship SEV in late 2020, showcasing three different alpha versions in black, white, or metallic silver exteriors. As recently as June, Aptera had more than 22,000 reservations for its SEV as it nears initial production slated for later this year.

Following an additional $40 million in funding announced in early June, Aptera blocked several suppliers of components critical to the final design of the SEV. This includes an agreement with Elaphe in Slovenia for in-wheel powertrains as well as an agreement with EVE Energy Co., Ltd to use its 21700 NMC 811 cylindrical cells in Aptera batteries.

In addition to the aforementioned battery supply agreement with EVE in mainland China, Aptera has reportedly signed another agreement with Formosa AdvEnergy Technology Corp in Taiwan. Additionally, the deal could lead to more advanced batteries and possibly even SEV production… but that seems like a big maybe.

Aptera’s three alpha SEVs lined up outside its original headquarters in San Diego, CA / Credit: Scooter Doll

Aptera to source batteries from Taiwan and co-develop LFP cells

While Aptera has been silent here in the US regarding news of its latest supply deals, local media in Taiwan has covered the story. Speak Taipei TimeAptera engines signed an agreement with Formosa AdvEnergy Technology Corp. – a battery development arm of Formosa Plastics Group in Taiwan.

Aptera co-founder and co-CEO Chris Anthony was at the ROC for the press conference, posing alongside an SEV with Sandy Wang, president of Formosa AdvEnergy Technology. According to the report, the companies said they would also work together to develop a new generation of lithium iron phosphate (LFP) batteries.

The reports don’t say what current battery chemistry will be supplied to Aptera from Taiwan, but based on its signed deal with EVE Energy, Lithium NMC (Nickel-Manganese-Cobalt) cells would make sense.

What doesn’t make sense is another report out of Taiwan by Livelihood news of eight peoplesaying that in addition to supplying batteries to Aptera, Formosa AdvEnergy said it intends to produce the SEVs in Taiwan as well – 20,000 units per year, creating 4,000 jobs in the country.

When we visited Aptera’s facility in San Diego last October, the company was transitioning to a new 80,000 square foot facility slightly north of Carlsbad, Calif., where the next SEVs are expected to be assembled.

We have contacted Aptera several times for clarification to see if the US is still the intended location for SEV production, but have yet to receive a response. For now, we know that Formosa AdvEnergy will supply batteries to Aptera SEVs, but production claims seem dubious. Stay tuned as we learn more.

You can still book your own Aptera for just $70 down.

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