Currently reading: Apex to follow up AP-0 hypercar with affordable sports EV
Entry-level electric sports car will cost less than £100,000; everyday four-seaters also in the works
Rachel Burgess
News
2 mins read
28 April 2020

Apex, the firm behind the recently revealed £150,000 electric AP-0, will create a range of models over the next decade, going beyond sports cars and adding more practical four-seaters to its line-up.

While the firm is run by Hong Kong-based brothers Jason and Gary Leung, its design, engineering and manufacturing base is in the UK. The AP-0 will be produced at a not-yet-built site in Woking, Surrey, that will be capable of producing 500 vehicles annually from 2022.

Following that, Jason Yeung said Apex plans to open a plant in China, which is likely to build its next model: a smaller, more affordable electric sports car.

Yeung said this model will cost less than £100,000 and that, although built in China, it will be designed and engineered in the UK, using the same EV platform as the AP-0.

The carbonfibre tub around which the AP-0 is built uses modular spaceframes that allow it to accommodate differently sized models.

The AP-0 promises a WLTP range of 320 miles and the ability to charge up to 80% of battery capacity in less than 15 minutes, so expect any future electric models to at least match these figures.

Yeung said: “For now, our focus is the AP-0. But after that, we’re aiming to have a factory in China where we would build a smaller sports EV. You can’t find a reasonably priced sports EV at the moment.”

His brother Gary Yeung added: “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.”

Alongside a growing sports car range, the Yeung brothers revealed that another arm of the business will work on four-seat models, with the aim of the first arriving before 2030.

READ MORE

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4

28 April 2020

Sounds ambitious now that the car market, including that of EVs, has collapsed.

28 April 2020

One man's affordable is another's lottery win dream. 

There is me thinking a real breakthrough would be an EV to compete on price with MX5. Just dreamin'

28 April 2020

I wasn't sure about the looks of the AP-0 when I first saw it, but it has grown on me. I really like it now. Hopefully the modular design really does make it relatively easy to make new models and create something more affordable. Good luck to all at Apex.

28 April 2020

I wasn't sure about the looks of the AP-0 when I first saw it, but it has grown on me. I really like it now. Hopefully the modular design really does make it relatively easy to make new models and create something more affordable. Good luck to all at Apex.

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