Apollo Future Mobility Group Announces Delivery of First Apollo EVO Hypercar
Key Highlights
- First production unit of Apollo EVO delivered in June 2026.
- The vehicle, named “Caribbean Dragon”, is the first customer car from a limited run of 10 units.
- Official unveiling at the Goodwood Festival of Speed 2026 in the UK, July 2026.
- Apollo EVO serves as the track-only successor to the Apollo Intensa Emozione (IE).
- Features: Full carbon-fibre monocoque, carbon front and rear subframes, dedicated carbon crash structures.
- Engine: Naturally aspirated 6.3-litre V12, approximately 1,300 kg dry weight.
- Base price: ~EUR 3,000,000 per unit.
- Only 10 bespoke vehicles to be produced, underscoring exclusivity.
- Demonstrates commitment to ultra-high performance hypercars and strengthens Apollo’s brand positioning.
Detailed Report
Apollo Future Mobility Group Limited (“Apollo” or the “Company”) has announced a significant milestone in its strategic business plan to become a world-leading hypercar developer. In June 2026, Apollo delivered the first production unit of its highly anticipated Apollo EVO hypercar. This first customer vehicle, aptly named the “Caribbean Dragon”, marks the beginning of a limited run of just ten bespoke units, highlighting the rarity and exclusivity of the model.
The Apollo EVO was unveiled to the public at the prestigious Goodwood Festival of Speed 2026 in West Sussex, United Kingdom. This event is recognized globally as a premier motorsport festival, amplifying the visibility of Apollo’s latest creation to an international audience of enthusiasts, investors, and industry leaders.
As the track-only successor to the acclaimed Apollo Intensa Emozione (IE), the Apollo EVO incorporates the latest advances in motorsport engineering and design. It boasts a newly developed full carbon-fibre monocoque chassis with carbon fibre front and rear subframes and dedicated carbon crash structures. These features work together to optimize the stiffness-to-weight ratio, improve handling precision, and maximize aerodynamic efficiency.
The Apollo EVO is powered by a naturally aspirated 6.3-litre V12 engine and achieves a highly competitive dry weight of approximately 1,300 kg. The base price for each Apollo EVO is set at around EUR 3,000,000, positioning it firmly in the ultra-high-end segment of the global hypercar market.
This delivery represents more than just a product launch; it signifies Apollo’s ongoing commitment to the development and sales of ultra-high-performance vehicles. The successful rollout of the Apollo EVO strengthens the Group’s position within the automotive industry, especially in the niche but lucrative hypercar segment.
The Company has stated that it will continue to keep shareholders and potential investors informed of material developments in accordance with the relevant rules governing the Hong Kong Stock Exchange.
Investor Considerations and Price-Sensitive Elements
- Exclusivity and Premium Pricing: The extremely limited production run (10 units) and high base price (EUR 3 million) underscore the exclusivity and high desirability of the Apollo EVO, which may positively impact brand value and revenue.
- Strategic Milestone: This marks a pivotal achievement for Apollo as it aims to establish itself as a world-leading hypercar developer, potentially enhancing investor confidence and supporting a higher valuation.
- Brand Visibility: The unveiling at a major international motorsport event brings significant attention to Apollo, which could lead to further business opportunities and partnerships.
- Product Differentiation: The technical advancements and engineering excellence demonstrated in the Apollo EVO highlight the Group’s capability in innovation and premium automotive manufacturing.
- Shareholder Caution: The company advises shareholders and potential investors to exercise caution when dealing in the company’s securities, implying that developments around the product launch and sales could influence share price volatility.
Board and Corporate Information
The announcement was made by the Board, which includes Chairman and Executive Director Hui Chun Ying, Executive Director Chen Yizi, and independent non-executive directors Charles Matthew Pecot III, Hau Yan Hannah Lee, and Zhuang Qiyu.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors should exercise their own judgment or consult a professional advisor before making any investment decisions. The company has advised shareholders and potential investors to exercise caution when dealing in its securities.
