Sono Motors, the company that aims to revolutionize the future of
solar-powered transport, is expanding its solar business by
entering the growing refrigerated trailer market with its
proprietary Sono Solar Technology, to further reduce global fossil
fuel emissions. The company signed a purchase contract with The
Reefer Group, an international leader in refrigerated bodies,
extending the number of total partners of Sono Motors’ Solar
business unit to more than 17 globally. As part of this
collaboration, the companies will build a first trailer vehicle
with the Reefer Group’s French subsidiary CHEREAU S.A.S. for
extensive testing to further evaluate the technical and economic
feasibility of integrating a customized solar solution for a high
volume series vehicle. The solar integration will provide the
trailer’s cooling unit with an additional 9.8 kW peak, offering
possible fuel savings of approximately 3,400 liters (up to 8,475
under peak conditions) and providing the potential to reduce the
local CO2 emissions by approximately 9 tonnes per year per vehicle
compared to trailers with diesel-powered cooling units.1
“This partnership is a huge step for
Sono Motors, since we open up a completely new industry for our
highly flexible and proprietary Sono Solar technology. We offer a
lightweight and adaptable platform that is ideal for refrigerated
trailers and allows customers in the transportation industry to cut
costs and emissions throughout their fleet. We are very pleased for
the opportunity to collaborate with such a respected industry
partner like CHEREAU and to be able to work with them towards
creating a more sustainable future," says Laurin Hahn, co-founder
and CEO of Sono Motors. "We look forward to all the opportunities
that this partnership can create."
“The solar integration solutions
provided by Sono Motors are the perfect fit for our trailers. We
are pleased to be able to work with Sono Motors to create the
future prototype that will be part of our demo fleet of sustainable
reefer trailers. This is a big step towards making commercial
mobility more sustainable and reducing emissions,” says Damien
Destremau, CEO at The Reefer Group and CHEREAU.
Solar Trailer to Premiere at IAA Transportation
2022
Sono Motors will be equipping the roof and sides of an existing
CHEREAU trailer with 54 solar modules using the VaPV (vehicle
applied photovoltaic) process that was developed specifically for
the use in cargo-box vehicles like the CHEREAU refrigerated
semi-trailer. The high efficiency, automotive-grade solar modules
cover an area of 58.9 sqm and will provide up to 9.8 kW peak of
energy in total at peak performance. The solar power will be used
to operate the cooling unit through charging the battery. This
potentially results in approximately 3,400 liters of fuel savings
and provides the potential to reduce the local CO2 emissions by
approximately 9 tonnes per year per vehicle, compared to trailers
with diesel powered cooling units. The solar trailers ‘CO2
backpack’, i.e., emissions caused in production, amounts to a
one-off of approximately 6.5 tonnes of CO2 and could be offset
after a short runtime of just less than one year. The planned
premiere of the trailer at the IAA Transportation 2022 in Hanover
will be followed by intensive tests during a several month-long
field trial by a CHEREAU customer in France. Part of the testing
process is validating the numbers for energy earnings and fuel
savings that are based on internal calculations including weather
and system efficiency assumptions.
Solar Technology Optimized for Series
Integration
For high volume series production Sono Motors is developing its
unique solar technology on refrigerated semi-trailers. According to
the innovative technology, energy savings of up to 80% compared to
diesel can be achieved.2
Great Market Potential for Solar Technology on
Refrigerated Bodies
The market for refrigerated trailers is expected to grow
strongly due to the rising demand for medicine, deep frozen goods
and fast food. In addition, fuel costs are rising and price
pressure is intensifying. Sono Motors is counteracting increasing
fuel costs and CO2 emissions with its efficient solar
technology.
Sono Solar — Sono Motors’ solar business unit — is a one-stop
shop for solar integration in vehicles, with the mission to make
every vehicle a solar vehicle. Its solar technology has been
developed to enable seamless integration into various types of
vehicles to reduce the impact of CO2 emissions and pave the way for
climate-friendly mobility. Sono’s technology is suitable for
integration into existing vehicles as well as production-ready
development and integration into new vehicles during the production
phase. Known for its polymer-based solar technology, Sono Motors is
developing various technology solutions suitable for different
vehicle architectures such as trucks, trailers, vans or buses.
Sono Motors has already signed more than 17 commercial contracts
with companies such as MAN, easymile and the Münchner
Verkehrsgesellschaft (Munich Transport Company — MVG). The Sono
Solar complete solution includes a customized concept including
solar modules, power electronics, telematics and data, mechanical
and electrical integration as well as after-sales and service.
ABOUT SONO MOTORS
Sono Motors is on a pioneering mission to accelerate the
revolution of mobility by making every vehicle solar. Its
disruptive solar technology has been developed to enable seamless
integration into all types of vehicles to reduce the impact of CO2
emissions and pave the way for climate-friendly mobility.
Sono Motors is developing the world’s first solar electric
vehicle (SEV) for the masses, the Sion. Empowered by a strong
community, Sono Motors has amassed more than 17,000 reservations
with advance payments for the Sion. These vehicles will be produced
through contract manufacturing.
Sono Motors' proprietary solar technology has been engineered to
enable integration and licensing for a wide range of vehicle
architectures that go far beyond the Sion, such as buses, trailers,
trucks, camper vans, trains, and boats.
ABOUT CHEREAU
Specialized in the design and manufacture of
refrigerated vehicles, CHEREAU is recognized by the whole
profession for the high quality, the longevity and the first-rate
performance of its products.
European specialist of refrigerated
semi-trailers and carriers, CHEREAU stands out for its policy of
continuous innovation and its custom-made, durable refrigerated
bodies for trucks. They are at the service of the most demanding
transporters and the products they are responsible for.
As the first European manufacturer specialized
in heavy-duty refrigerated vehicles, CHEREAU meets all the needs of
road transport companies: frozen food, pharmaceutical products,
etc. and offers different types of vehicles (semi-trailers, rigids
and other bodies).
In 2021 CHEREAU produced 3,600 vehicles, among
them 3,000 trailers.
PRESS CONTACT
Christian Scheckenbach | Mobile: +49(0)176 18050132E-Mail:
press@sonomotors.com | Website:
www.sonomotors.com/press
Aurore Leroyer I Mobile : +33(0)66 5558078E-mail
: aurore.leroyer@chereau.com I Website : www.chereau.com
FORWARD-LOOKING STATEMENTS
This press release includes
forward-looking statements. The words "expect", "anticipate",
"intends", "plan", "estimate", "aim", "forecast", "project",
"target", “will” and similar expressions (or their negative)
identify certain of these forward-looking statements. These
forward-looking statements are statements regarding the Company's
intentions, beliefs, or current expectations. Forward-looking
statements involve inherent known and unknown risks, uncertainties,
and contingencies because they relate to events and depend on
circumstances that may or may not occur in the future and may cause
the actual results, performance, or achievements of the Company to
be materially different from those expressed or implied by such
forward looking statements. These risks, uncertainties and
assumptions include, but are not limited to (i) the impact of the
global COVID-19 pandemic on the global economy, our industry and
markets as well as our business, (ii) risks related to our limited
operating history, the rollout of our business and the timing of
expected business milestones including our ability to complete the
engineering of our vehicles and start of production on time and
budget and risks related to future results of operation, (iii)
risks related to our unproven ability to develop and produce
vehicles and with expected or advertised specifications including
range, and risks relating to required funding, (iv) risks related
to our ability to monetize our solar technology, (v) risks relating
to the uncertainty of the projected financial information with
respect to our business including the conversion of reservations
into binding orders, (vi) effects of competition and the pace and
depth of electric vehicle adoption generally and our vehicles in
particular on our future business and (vii) changes in regulatory
requirements, governmental incentives and fuel and energy prices.
For additional information concerning some of the risks,
uncertainties and assumptions that could affect our forward-looking
statements, please refer to factors discussed under the caption
“Risk Factors” in our final prospectus under Rule 424(b) filed with
the U.S. Securities and Exchange Commission (“SEC”) on November 18,
2021 in connection with our initial public offering as such factors
may be updated from time to time in our other filings with the SEC,
which are accessible on the SEC’s website at www.sec.gov and on our
website at ir.sonomotors.com. Many of these risks and uncertainties
relate to factors that are beyond the Company's ability to control
or estimate precisely, such as the actions of regulators and other
factors. Readers should therefore not place undue reliance on these
statements, particularly not in connection with any contract or
investment decision. Except as required by law, the company assumes
no obligation to update any such forward-looking statements.
______________________
1 Based on internal calculations, including weather and system
efficiency assumptions.2 Based on internal calculations, including
weather and system efficiency assumptions.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d8a02780-b1f1-4de0-9d88-29c3042f387c
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