FINN Intends to Purchase 12,600 Sion from Sono Motors to Be Used in a Sustainable Fleet
07 Setembro 2022 - 8:00AM
Sono Motors (subsidiary to “Sono Group N.V.”, NASDAQ: SEV), the
Munich-based solar mobility OEM, signed a Letter of Intent with
FINN, a Munich-based car subscription platform, aiming to solidify
their cooperation. FINN was one of Sono Motors’ first B2B
reservation holders. Following its initial, non-binding reservation
of 5,500 Sion in 2020, FINN now intends to reserve and purchase a
total of 12,600 Sion, to create a sustainable fleet and drive
forward the company’s environmental goals. Sono Motors and FINN
seek to reach a final agreement regarding their cooperation in
2023.
The aim of the cooperation is to provide cars to FINN to enlarge
the sustainability of their fleet. Start of production for the
Sion is planned for the second half of 2023 and Sono Motors plans
to deliver 100 Sion for FINN’s fleet in 2024. A further 2,500
vehicles are planned to be delivered thereafter per year, until the
total of 12,600 is reached. FINN plans to use those Sion for their
service in Germany.
FINN is a Munich-based flexible car subscription platform,
operating in the U.S. and Germany. With already 30 percent of the
whole fleet being electric cars, the company is looking to further
diversify its range and to make mobility more climate friendly.
On top, Sono Motors reported more than 20,000 direct consumer
reservations (B2C) as of 1 September 2022, 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.
To reduce the waiting period until the Sion will be delivered
and to already ensure a more sustainable mobility, FINN is offering
all customers who pre-ordered the Sion a unique discount of 500
Euro for a car subscription on their platform. More information can
be found here: sonomotors.com/wait-and-drive-with-finn.
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, has the potential
to become 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.
ABOUT FINNFINN is a car subscription platform united by its
purpose to make mobility fun and sustainable by providing a
flexible, fun, and sustainable way to choose the car that best fits
its customers' lifestyles. The established car subscription
provider offers complete transparency in pricing, as well as
comprehensive insurance, maintenance and 24/7 customer and roadside
support. What is more, the company facilitates the transition to
drive electric vehicles and compensates the CO2 for every mile
driven for all its cars. FINN makes driving a car as easy as
purchasing shoes online: with just a few clicks, customers can
subscribe to a car that will be delivered straight to their door in
just a few days or weeks.
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",
"intend", "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.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8d9e1de4-9823-4813-8f12-f49169af0e2c
https://www.globenewswire.com/NewsRoom/AttachmentNg/51f4dd2f-aabd-4d93-8912-b9cf96777296
Sono Group NV (NASDAQ:SEV)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Sono Group NV (NASDAQ:SEV)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024