Sono Motors Reaches 20,000 Reservations for Its ‘Sion’ Solar-Electric Passenger Car
01 Setembro 2022 - 5:00AM
The Munich-based solar mobility OEM Sono Motors (subsidiary to
“Sono Group N.V.”, NASDAQ: SEV) has announced the achievement of
reaching 20,000 private reservations of its Sion, with an average
down-payment of about €2,000 net. At an expected net sales price
point of just €25,126 – the Sion has the potential to become the
world’s first Solar Electric Vehicle (SEV) for the masses.
The start of production is planned for the second half of 2023
via contract manufacturing in Finland. Sono Motors’ partner Valmet
Automotive has extensive expertise in manufacturing for high-tech
OEMs. After a ramp-up period the partners aim to produce
approximately 257,000 Sion vehicles within seven years.
ABOUT SONO MOTORSSono Motors is on a pioneering
mission to accelerate the revolution of mobility by making every
vehicle solar. Sono Motors’ disruptive solar technology has been
engineered to be seamlessly integrated into a variety of vehicle
architectures — including buses, trucks, trailers, and more — to
extend range and reduce fuel costs as well as the impact of CO2
emissions, paving the way for climate-friendly mobility.
The Company’s trailblazing vehicle, the Sion, will be the
world’s first affordable solar electric vehicle (SEV) for the
masses. Empowered by a strong global community, Sono Motors has
over 20,000 reservations with advance down-payments for the Sion as
of 1 September 2022.
PRESS CONTACT Christian Scheckenbach | Mobile:
+49(0)17618050132E-Mail: press@sonomotors.com |
Website: www.sonomotors.com/press
FORWARD-LOOKING STATEMENTSThis 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 the Company’s
filings with the U.S. Securities and Exchange Commission (“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.
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