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Apex Motors is a Hong Kong and British-based car company founded by Hong Kong/Australian brothers Jason and Gary Leung [1] in 2018 and evolved from the Elemental RP-1. [ 2 ] The company launched in 2019 with a limited production AP-1 open road and track sports car in Hong Kong, powered by a Ford 2.3-litre 400 bhp engine.
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It is the parent company of several brands including Avis Car Rental, [3] Budget Rent a Car, [4] Budget Truck Rental, Payless Car Rental, and Zipcar. [5] The company also operates several smaller, regional brands including ACL Hire, Apex Car Rentals, [6] AmicoBlu, France Cars, Maggiore Group, [7] MoriniRent, TurisCar and TurisPrime. [5]
The Apex AP-0 is an all-electric concept sports car announced in 2020 by the British/Hong Kong sportscar company Apex Motors, with plans to go into production in late 2022. [ 1 ] The AP-0 has a claimed top speed and performance of 190 mph (306 km/h) and acceleration from 0-60 mph in 2.3 seconds.
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The Ace was an American-assembled car made in Ypsilanti, Michigan by the Apex Motor Car Company, which was reorganized as the Apex Motor Corporation in 1921. The initial batch of cars assembled was sent to Seattle, Washington dealer F. E. Earnest, who had the idea for the Ace after he was unable to secure a steady supply of new cars for his dealership.