3 of 4
BACKNEXT
Aptera's speed bumps
Aptera, which makes an electric, two-seat, three-wheel model, said last year it would ship 4,000 of its cars by November 2008, ramping up to 10,000 in 2009.

Instead, the company ran into design problems. Its first prototype featured an aerodynamic, composite body with a drag one-third that of an average car. "But the windows were stationary - Aptera couldn't figure out how to package roll-up, roll-down windows in the doors, which is really a simple design change," says Paul Wilbur, a former Chrysler executive who recently took over as Aptera's CEO. "While the original design might have been more aerodynamic, we would have made the entire fast-food industry obsolete if we didn't put in windows that went up and down."

To make its cars more appealing - and useful - to the masses, Aptera hired a team of Detroit veterans, headed by Wilbur, who also will help the company build to economies of scale. By the end of next year, Aptera hopes to ship cars to the 3,600 customers who have already paid a $500 deposit (the cars will sell for around $30,000). In 2010, Aptera intends to ramp up production to about 45,000 vehicles, while its founder and current CTO, Steve Fambro, develops the company's first hybrid.

NEXT: Looking for a Volt supercharge

LAST UPDATE: Dec 05 2008 | 12:34 PM ET
Sponsored by
5 visionary companies Our 2009 Next Little Thing picks: 5 entrepreneurs whose cutting-edge ideas will keep us talking for the next 12 months. More
Where are they now? Last year, we picked 6 innovators on the verge of breakthroughs. Find out how they fared this year. More
iReport: Share your picks Do you know of a company with a world-changing vision? Tell us about it. More
Sponsors

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.