APEX Hints At Future EVs Beyond The AP-0: Maybe Even An Affordable Electric Car

APEX has not yet introduced its first electric model, but already has the next two on its mind.

APEX, the company that earlier this year unveiled the AP-0 all-electric two-seat hypercar, outlined what might come next.

The company is currently focused on the launch of AP-0 in 2022. The first step to make it a reality is to build a manufacturing facility in Woking, Surrey, UK. The production capacity will be 500 units annually, which sounds ambitious considering the price of £150,000 ($187,500). We are not sure whether there will be enough wealthy enthusiasts for the 0-100 km/h (62 mph) acceleration in 2.3 seconds.

The second step of the plan will be a smaller, entry-level sports EV for less than £100,000 ($125,000). Production of this model would take place in China, although all the design and engineering will in the UK, using AP-0’s modular platform.

The third, most distant project (by 2030), will be a more practical four-seat electric car for everyday use.

According to Jason and Gary Leung, Hong Kong-based brothers who run the company, APEX does not intend to be similar to Tesla or other brands:

“We’re not trying to have a product similar to Tesla or other car makers. We’re trying to make something different. At the AP-0’s price level, we have a good-handling car but also one that’s safe on road and eco-friendly.”

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