Sono Motors – All Posts https://sonomotors.com/en/news/ 2023-12-27T03:29:40+01:00 https://sonomotors.com/site/assets/files/1062/sonomotors-favicon.32x32.png 2023-11-27T15:15:00+01:00 2023-12-27T03:29:40+01:00 Promising restart: Sono Motors signs investor deal for its solar integration business, on its path to finalizing restructuring.
  • Solar technology company Sono Motors is looking to the future with new funding commitments

  • Investor deal positions Sono Motors to obtain sufficient financing for business operations through at least the end of 2024

  • Vast majority of employees that were given notice at the end of October as part of the insolvency proceedings are back on board

  • Restart supported by a completely new management team of Sono Motors GmbH

  • Sono Motors expects to emerge stronger from insolvency proceedings and can now fully focus on realizing its vision of "solar on every vehicle"

Munich, 27 November 2023 – Sono Motors, the Munich-based solar technology company, announces today the signing of investment agreements with YA II PN, Ltd. (“Yorkville”), which are expected to enable the company to restructure itself, emerge from its self-administration proceedings that have been ongoing since May 2023 and continue its solar integration business. Pending the fulfillment of certain conditions precedent, this deal positions Sono Motors to obtain sufficient financing for its business operations until at least the end of 2024. The closing of the investment with Yorkville and conclusion of the insolvency proceeding are currently expected in late January 2024.

"The last few months have been exhausting for everyone at Sono Motors, but at the same time incredibly instructive. Now it's time to turn what we've learned into success. Our experienced team is eager to continue working toward our vision and has surpassed itself and grown even closer together over the last few months. We believe the agreement with Yorkville gives us the opportunity for a promising new start," says Jan Schiermeister, who currently serves as Sono Motors’ Head of Technology. The company's restart goes hand in hand with a complete restructuring of Sono Motors' management team – Mr. Schiermeister is among those currently designated as members of Sono Motors’ future management team, all of whom played key roles in shaping the company’s Mergers & Acquisitions process. Following the closing of the investment with Yorkville, the company looks forward to once again fully devoting itself to its mission of establishing itself and its proprietary solar solutions in the B2B segment.

Following the signing of the investor deal, Sono Motors has in recent days been able to offer all employees who were given notice at the end of October re-employment, which has already been accepted by the majority of the workforce. "I see this great willingness to return as a clear sign of an exceptionally high level of motivation and dedication. These employees are the backbone of Sono Motors and I strongly believe that together we can all emerge stronger from the expected conclusion of the self-administration proceedings," Mr. Schiermeister continued.

The first priority is now the market launch of the Solar Bus Kit, a solar retrofit solution specially developed by Sono Motors for diesel and electric buses to significantly reduce their CO2 emissions. In addition, Sono Motors will continue to drive forward the development and marketing of its unique solar integration technology, which can sustainably power a wide range of vehicle applications, such as refrigerated vehicles, last-mile delivery vans and passenger cars, and thus make a significant contribution to the climate and mobility transition.

Despite the ongoing self-administration proceedings, Sono Motors continued to establish new and strengthen existing customer relationships throughout 2023, and recently deepened its collaboration with one of the 10 largest vehicle manufacturers in the world by signing a new service agreement. Since March 2023, the total number of customers and partners for Sono Motors’ solar technology has increased from 25 to 28.

 

FORWARD-LOOKING STATEMENTS

This press release may contain 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 intentions of Sono Motors GmbH and Sono Group N.V. (together, the “companies”) 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 could cause the actual results, performance or achievements of the companies to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks, uncertainties and assumptions with respect to: our expectations regarding the companies’ self-administration proceedings, the outcome of which is uncertain; the companies’ ability to maintain relationships with creditors, suppliers, customers, employees and other third parties as a result of the self-administration proceedings and the related increased performance and credit risks associated with the companies’ constrained liquidity position and capital structure; the companies’ ability to successfully fulfill the conditions precedent to the closing so as to gain access to the funding offered in the current investor deal; Sono Group N.V.’s ability to maintain its stock exchange listing; and the length of time that Sono Group N.V. and Sono Motors GmbH continue to operate under the self-administration proceedings. Many of these risks and uncertainties relate to factors that are beyond the companies’ ability to control or estimate precisely, such as the actions of courts, regulatory authorities 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 companies assume no obligation to update any such forward-looking statements.

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https://sonomotors.com/en/press/press-releases/sono-motors-signing-of-investor-deal/ Sono Motors
2023-09-29T11:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors presents innovative solar solutions for sustainable bus transport at Busworld Europe 2023
  • Sono Motors to exhibit at Busworld Europe 2023 in Brussels from October 7-12

  • The focus of the trade show is on the shift to electromobility and the reduction of CO2 emissions from bus traffic

  • Sono Motors will present the Solar Bus Kit, an innovative solar retrofit solution specifically for buses.

MUNICH, Germany, 29 September 2023 – Solar technology company Sono Motors will have its own booth at Busworld Europe for the first time. Busworld is the world's largest B2B trade fair and will be held in Brussels, Belgium from October 7 to 12. Sono Motors will present its latest developments in solar solutions for buses at the trade show at  Stand 1163d in Hall 11. The focus will be on the Solar Bus Kit, Sono Motors’ complete and efficient solar retrofit solution for buses.

Busworld is considered the world's largest trade exhibition for buses and coaches. Due to the Corona-related break, this year's edition is the first in four years. The topics of sustainability and clean energy will also be in the spotlight at Busworld. Public transport in particular has to make great efforts in this area, not least due to legal requirements such as the European Union's Clean Vehicles Directive. Transport companies are faced with the task of switching from diesel buses to climate- and environmentally-friendly public transport with alternatively-powered buses. However, the transition is long and expensive: among new vehicles sold in 2022, around 70 % still run on conventional combustion engines.
 
The Solar Bus Kit from Sono Motors can serve as a bridging technology here. It consumes no diesel and produces no CO2 during operation. Bus roofs offer a lot of free space for use as a solar surface; the energy thus generated enables cost- and emission-reduced operation of the electrical systems and relieves the on-board power generator (alternator).

Sono Motors is also working on solutions for electric buses in addition to its Solar Bus Kit for diesel buses. For example, a customized version of the Solar Bus Kit with 14 semi-flexible solar modules was installed on an electrified Mercedes-Benz Citaro from the demo fleet of pepper motion, a specialist in the electrification of new and used vehicles. 

In addition, to retrofit solutions, solar integration in the course of series production could be another answer to current industry challenges, such as the limited range and charging times of electric buses, as well as rising energy prices for electricity from the grid and diesel.

"As sustainability and clean energy become more of a focus, we want our solar solutions to make an important contribution to reducing CO2 emissions and increasing efficiency. With our Solar Bus Kit, we can demonstrate a simple and cost-effective way to sustainably reduce bus transport emissions. We are pleased to be able to present this solution to the interested trade fair audience," says Jona Christians, CEO and co-founder of Sono Motors. 

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 the risks, uncertainties and assumptions set forth in 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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https://sonomotors.com/en/press/press-releases/sono-motors-busworld-europe/ Sono Motors
2023-09-11T20:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Group N.V. presents three new members of its Supervisory Board
  • Three professionals with extensive business and corporate management experience have been appointed

  • Sandra Vogt-Sasse has been appointed Chair of the Supervisory Board. Thomas Wiedermann becomes Vice-Chair

MUNICH, Germany, 11 September 2023 – Solar technology company Sono Group N.V. (the "Company"), the parent company of Sono Motors GmbH ("Sono Motors"), today presented three new members of its Supervisory Board. The new Supervisory Board members have been appointed on an interim basis until their formal election at the Company's next annual general meeting. The four-member Supervisory Board consists of financial experts and an employee representative and is chaired by Sandra Vogt-Sasse, who is supported by Thomas Wiedermann as Vice-Chair. Martin Sabbione also joins the Supervisory Board as an additional new member. Johannes Trischler, an employee representative,  has been a member of the Company's Supervisory Board since November 2021.

"Despite the current challenges, we are working tirelessly on our mission to equip every vehicle with solar. Our Supervisory Board, composed of experts in their respective fields, will support us with the extensive know-how of its members," said Jona Christians, CEO and co-founder of Sono Motors. "We have appointed experienced professionals with expertise in business and corporate management to the Supervisory Board."

The members of the Supervisory Board of Sono Group N.V. are:

  • Sandra Vogt-Sasse: self-employed tax consultant and auditor; Managing Director of SAVOSA GmbH Steuerberatungsgesellschaft; board member of a company closely linked to the capital market through its products and services
  • Martin Sabbione: Senior Head of Controlling of Volkswagen Group Charging GmbH; formerly CFO of Sono Motors GmbH and Head of Investment at WiWin GmbH & Co, KG
  • Thomas Wiedermann: CRO and CEO Production, Engineering, R&D, Processes at Rudolf Dankwardt GmbH; independent interim manager; board member/managing director of multiple international, medium-sized companies
  • Johannes Trischler: General Counsel of Sono Motors GmbH, employee representative

FORWARD-LOOKING STATEMENTS

This 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 the risks, uncertainties, and assumptions with respect to: expectations regarding the self-administration proceedings, for which Sono Group N.V. and Sono Motors GmbH have applied, the outcome of which is uncertain; the company‘s ability to maintain relationships with lenders, suppliers, customers, employees and other third parties as a result of the applications for the opening of self-administration proceedings and the related increased performance and credit risks associated with the company‘s constrained liquidity position and capital structure; the company‘s ability to access the external funding required to successfully restructure its business; the ability to maintain Sono Group N.V.’s stock exchange listing; and the length of time that Sono Group N.V. and Sono Motors GmbH would operate under the self-administration proceedings. 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 courts, 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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https://sonomotors.com/en/press/press-releases/sono-group-new-members-supervisory-board/ Sono Motors
2023-09-01T20:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Group Receives Additional Staff Determination Letter from Nasdaq

MUNICH, Germany, 1 September 2023 – On August 28, 2023, solar tech company Sono Group N.V. (NASDAQ: SEV) (the “Company”) received a staff determination letter (the “Letter”) from the staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that on March 20, 2023, the Staff had notified the Company that the bid price of its listed securities had closed at less than $1 per share over the previous 30 consecutive business days, and, as a result, did not comply with Listing Rule 5450(a)(1). Therefore, in accordance with Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days, or until September 18, 2023, to regain compliance with the Rule. The Letter goes on to state that for the past 12 consecutive trading days, the closing bid price of the Company’s common stock has been below $0.10 and that, accordingly, pursuant to Listing Rule 5810(c)(3)(A)(iii), this matter serves as an additional basis for delisting the Company’s securities from Nasdaq. In addition, the Letter refers to the resignation of four of five members of the Company’s supervisory board in April 2023, including all of its independent members, and states that the Company no longer meets the audit committee requirement for continued listing on Nasdaq set forth in Listing Rule 5605(c)(2) and that, as such, this matter further serves as an additional basis for delisting the Company’s securities from Nasdaq.

The Company had previously issued press releases and disclosed on Form 6-Ks its failure to meet requirements for the continued listing on Nasdaq as follows: (i) on March 22, 2023, the $1 per share minimum bid price requirement set forth in Listing Rule 5450(a)(1); (ii) on April 21, 2023, the audit committee requirement pursuant to Listing Rule 5605(c)(2)(A); and (iii) on May 8, 2023, the requirement of Listing Rule 5250(c)(1) to timely file the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 20-F”).

Furthermore, on July 18, 2023, the Company issued a press release and disclosed on Form 6-K the receipt of a written notice from Nasdaq on July 12, 2023 (the „Notice“) stating that the Staff had determined that the Company’s securities would be delisted from Nasdaq in accordance with Listing Rules 5101, 5110(b) and IM-5101-1 referencing, among other matters, the Company’s application to the insolvency court of Munich, Germany, to permit the opening of a self-administration proceeding with respect to the Company pursuant to Section 270 et seqq. of the German Insolvency Code. The application for self-administration proceedings was made and disclosed by the Company on May 15, 2023. The Notice further stated that trading of the Company’s common shares would be suspended at the opening of business on July 21, 2023, and a Form 25-NSE would be filed with the Securities and Exchange Commission (the “SEC”), which would remove the Company’s securities from listing and registration on Nasdaq. The Notice also stated that the Company’s failure to timely file its 2022 Form 20-F as required under Listing Rule 5250(c)(1) served as an additional and separate basis for delisting.

The Company has requested a hearing before the Nasdaq Hearings Panel to appeal the Staff’s delisting determination of July 12, 2023, and intends to present its views and planned measures to cure the deficiencies mentioned herein at its hearing with the Nasdaq Hearings Panel.

FORWARD-LOOKING STATEMENTS

This 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 the risks, uncertainties, and assumptions with respect to: expectations regarding the self-administration proceedings, for which Sono Group N.V. and Sono Motors GmbH have applied, the outcome of which is uncertain; the company‘s ability to maintain relationships with lenders, suppliers, customers, employees and other third parties as a result of the applications for the opening of self-administration proceedings and the related increased performance and credit risks associated with the company‘s constrained liquidity position and capital structure; the company‘s ability to access the external funding required to successfully restructure its business; the ability to maintain Sono Group N.V.’s stock exchange listing; and the length of time that Sono Group N.V. and Sono Motors GmbH would operate under the self-administration proceedings. 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 courts, 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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https://sonomotors.com/en/press/press-releases/sono-group-staff-determination-letter-nasdaq/ Sono Motors
2023-09-01T15:00:00+02:00 2023-12-27T03:29:40+01:00 Opening of the self-administration proceedings of Sono Motors GmbH
  • The self-administration proceedings of Sono Motors GmbH were opened as planned on September 1, 2023

  • The business operations of Sono Motors GmbH will continue unchanged under the self-administration proceedings

  • Sono Motors GmbH is still in negotiations with several potential investors 

MUNICH, Germany, 1 September 2023 – The self-administration proceedings of Sono Motors GmbH were opened by the Munich Local Court as planned on September 1, 2023. The court has appointed Mr. Ivo-Meinert Willrodt, attorney-at-law, of PLUTA Rechtsanwalts GmbH as custodian. Business operations will continue unchanged within the framework of the opened self-administration proceedings.

Sono Motors GmbH is still in negotiations with several potential investors who are interested in a long-term continuation of the company.

The company is being supported in the self-administration proceedings by Dentons' restructuring team led by the experienced restructuring experts Dr. Holger Ellers and Dirk Schoene.

FORWARD-LOOKING STATEMENTS

This 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 the risks, uncertainties and assumptions with respect to: expectations regarding the self-administration proceedings, for which Sono Group N.V. and Sono Motors GmbH have applied, the outcome of which, if they are approved, is uncertain; the company‘s ability to maintain relationships with lenders, suppliers, customers, employees and other third parties as a result of the applications for the opening of self-administration proceedings and the related increased performance and credit risks associated with the company‘s constrained liquidity position and capital structure; the company‘s ability to access the external funding required to successfully restructure its business; the ability to maintain Sono Group N.V.’s stock exchange listing; and the length of time that Sono Group N.V. and Sono Motors GmbH would operate under the self-administration proceedings, if these are approved. 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 courts, 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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https://sonomotors.com/en/press/press-releases/sono-motors-gmbh-self-administration-proceedings/ Sono Motors
2023-07-27T15:00:00+02:00 2023-12-27T03:29:40+01:00 Pilot project launched: Sono Motors and ÖPNV-Service Hagen equip first vehicle of Bavarian HofBus GmbH with Solar Bus Kit
  • Mercedes-Benz Citaro C2 equipped with 16 semi-flexible photovoltaic panels

  • Further weight reduction through first-time use of robust double-sided tape

  • Pilot project marks important step towards reducing CO2 emissions of local public transportation in Hof

MUNICH, Germany, 27th July 2023 – Last month the solar technology company Sono Motors launched an innovative pilot project in public transportation in Hof in the north-east of Bavaria. A bus operated by Stadtwerke Hof was equipped with an updated version of Sono Motors’ Solar Bus Kit, a solar retrofit solution for buses.

The installation was carried out for the first time together with ÖPNV-Service Hagen. The expertise of the company extends to the areas of cabling, repair, maintenance and services for local public transportation. The company has more than 15 years of experience as a service provider for local public transport and modernises around 4,000 commercial vehicles every year.

In Hof, a Mercedes-Benz Citaro C2 was equipped with 16 semi-flexible PV panels, the installed power of the modules in total is around 1.4 kWp. To install the modules on the roof of the bus, double-sided tape was used for the first time, with a total weight of only 50 kg for all materials used in the project. The solar power generated in this way is fed into the battery to support the conventional diesel engine and save CO2 emissions. The first HofBus bus with integrated solar bus kit from Sono Motors has been on the road in the city of Hof since it received road approval from the German Technical Inspection Agency (TÜV). To serve as a comparison, an identically constructed mild hybrid bus without a PV system is being simultaneously operated. These comparative figures will make it possible to optimally compare driving performance and energy consumption within a certain distance travelled.

Working together to make local public transportation emission-free

"We at Sono Motors are very pleased to partner with HofBus GmbH. We believe the installation of our Solar Bus Kit for the first time on a vehicle from the HofBus fleet will demonstrate what a quick, easy and cost-effective solution the Solar Bus Kit is for sustainable reduction of emissions from public transportation,” says Jona Christians, CEO and co-founder of Sono Motors.
"We are very excited about the results of the pilot project. We hope that it will serve as a model for other environmentally friendly mobility solutions," explained Stadtwerke Hof Managing Director Jean Petrahn. The project is part of Stadtwerke Hof's long-term strategy to promote the switch to electric mobility. The HofBus fleet is to be continuously converted to emission-free power trains in the coming years.

“We are proud to present our first project in cooperation with Sono Motors. We will continue to work with Sono Motors' customer service and logistics in order to maximise production capacity in Europe and offer fast, professional retrofitting and maintenance. We are looking forward to future projects," said Luca Bochhammer, Managing Director, ÖPNV Service.

FORWARD-LOOKING STATEMENTS
This 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 the risks, uncertainties and assumptions set forth in 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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https://sonomotors.com/en/press/press-releases/sono_motors_opnv_service_hofbus_solar_bus_kit/ Sono Motors
2023-07-18T22:30:00+02:00 2023-12-27T03:29:40+01:00 Sono Group Receives Notice of Delisting from Nasdaq

MUNICH, Germany, 18th July 2023 – On July 12, 2023, solar tech company Sono Group N.V. (NASDAQ: SEV) (“Sono Group” or the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the staff of the Listing Qualifications Department (the “Staff”) has determined that the Company’s securities will be delisted from Nasdaq in accordance with Listing Rules 5101, 5110(b) and IM-5101-1. The Notice further states that trading of the Company’s common shares will be suspended at the opening of business on July 21, 2023, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on Nasdaq. The Company has requested a hearing before the Nasdaq Hearings Panel to appeal the Staff’s determination.

The Staff’s determination was based on the following factors: the associated public interest concerns raised by the Company’s announcement that it had applied to the insolvency court of Munich, Germany, to permit the opening of a self-administration proceeding with respect to the Company pursuant to Section 270 et seqq. of the German Insolvency Code; concerns regarding the residual equity interest of the existing listed securities holders; and concerns about the Company’s ability to sustain compliance with all requirements for continued listing on Nasdaq. 

The Notice further states that the Company’s failure to file its Form 20-F for the year ended December 31, 2022 (the “2022 20-F”), which was due on May 1, 2023, with the SEC and Nasdaq and resultant failure to comply with Nasdaq’s filing requirement as set forth under Listing Rule 5250(c)(1) serves as an additional and separate basis for delisting. 

As previously disclosed in its Form 6-Ks filed with the SEC on March 22, 2023, April 21, 2023 and May 8, 2023, the Company currently does not meet the continued listing criteria set forth in Nasdaq Rules 5450(a)(1), 5605(c)(2)(A) and 5250(c)(1). On March 20, 2023, the Company received a letter from the Staff notifying the Company that the bid price of its common shares had closed below $1.00 per share for 30 consecutive business days and, accordingly, that the Company did not comply with Nasdaq Listing Rule 5450(a)(1). On April 21, 2023, the Company notified Nasdaq that, as a consequence of the resignation of four out of five members of the Company’s supervisory board, including all independent supervisory board members, the Company is no longer in compliance with Nasdaq Listing Rule 5605(c)(2)(A), which requires a listed company to have an audit committee composed of at least three members who each meet the criteria for independence set forth in Rule 10A-4(b)(1) under the Securities Exchange Act of 1934. On May 3, 2023, the Company received a notice from the Staff stating that because the Company has not yet filed its 2022 20-F, the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the SEC.

This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. 

FORWARD-LOOKING STATEMENTS

This 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 the risks, uncertainties and assumptions set forth in 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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https://sonomotors.com/en/press/press-releases/sono_group_receives_notice_delisting_nasdaq/ Sono Motors
2023-07-17T11:00:00+02:00 2023-12-27T03:29:40+01:00 Innovative solar technology: Sono Motors and pepper motion win busplaner Innovation Award 2023
  • Solar Bus Kit beat out competitors in the "air conditioning, heating and battery management" category

  • Decisive milestone in two-year test phase of the first E-bus with integrated Solar Bus Kit

MUNICH, Germany, 17th July 2023 – The solar tech company Sono Motors, together with pepper motion GmbH, specialist for the electrification of new and used vehicles, received the busplaner Innovation Award 2023 on 13 July. The well-known trade magazine busplaner honoured 57 innovative projects and solutions in the industry at a festive event and awarded winners in 15 categories. In the "Air conditioning, heating and battery management" group, pepper won first place together with Sono Motors for the innovative Solar Bus Kit. In November 2022, Sono Motors installed a customised version of the Solar Bus Kit with 14 semi-flexible solar modules on an electrified Mercedes-Benz Citaro from pepper's demo fleet as part of the partnership and thus started a two-year test phase. The innovative solar modules provide a peak value of 1.3 kWp for the bus's 24-volt system and thus enable the efficient use of solar energy. Receiving the busplaner Innovation Award is an important milestone in the ongoing test phase and underlines the driving role of both companies for electromobility.

Common vision of a world without fossil fuels
"We at Sono Motors are very pleased about the award and proud that our future-oriented solar solution convinced the expert jury. Solar technology on buses, whether electric or conventionally powered by fossil fuels, is an important component that can contribute to the decarbonisation of public transport. The cooperation with pepper motion shows that pioneering technologies and partnership-based commitment make a sustainable future possible," explains Jona Christians, CEO and co-founder of Sono Motors. 
"At pepper, we have made it our goal to successfully advance the mobility revolution in our society. Sono Motors shares our vision of a world without fossil fuels and is an important partner in driving innovation forward. The Solar Bus Kit will make our electrification solution even more sustainable and together, with the help of our technologies, we can save significant amounts of CO2," says Andreas Hager, Managing Director of pepper motion GmbH.

ABOUT PEPPER MOTION GMBH

pepper – electrifying transportation!
Innovative solutions for used and new commercial vehicles. With its holistic approach from consulting and electrification to service, telematics, charging infrastructure or fleet management, the company designs quickly implementable, cost-efficient and flexible solution packages for the sustainable mobility transformation. By retrofitting existing commercial vehicles with the certified retrofit kits for buses and trucks, vehicles are given an environmentally friendly "second life" and thus enable the most sustainable form of mobility, both ecologically and economically, while making an active contribution to reducing emissions in transport and implementing the Clean Vehicles Directive. 
Pepper is ISO 9001 certified and is the only supplier of conversion solutions to guarantee operational safety in accordance with international automotive industry standards such as ISO 26262 (functional safety), while an international partner network guarantees service and availability.  pepper motion GmbH employs more than 100 people and has its headquarters in Denkendorf/Bavaria with offices in Garching near Munich and Paderborn. 
The subsidiary pepper motion Austria GmbH, based in Vienna, is the software development centre of the pepper group. In France, Italy and Poland, pepper is represented by sales partners.

FORWARD-LOOKING STATEMENTS

This 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 the risks, uncertainties and assumptions set forth in 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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https://sonomotors.com/en/press/press-releases/sono_motors_and_pepper_motion_busplaner_innovation_award/ Sono Motors
2023-05-15T15:38:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors GmbH filed for protective shield proceeding
  • Restructuring of Sono Motors GmbH in the upcoming protective shield proceeding with the support of Dentons' restructuring experts

  • Business operations will continue within the framework of the protective shield proceeding

MUNICH, 15. May 2023 – On 15 May 2023, Sono Motors GmbH filed an application for a protective shield proceeding at the competent local court of Munich. Business operations will continue within the framework of the protective shield proceeding.

At the end of February 2023, Sono Motors had announced that it would restructure its business model and focus exclusively on retrofitting and integrating solar technology into vehicles of third parties and fleet operators going forward. At the same time, the company discontinued its Sion program with immediate effect and terminated around 250 employees. A repayment plan was developed to handle customer claims arising from the Sion reservations. The additional funding required for this was initially offered by a financier. 

However, in connection with the insolvency of the Silicon Valley Bank and the distress sale of Credit Suisse to UBS, as well as the growing uncertainty in the capital markets associated with these events, this financing was not realized. Further talks with other potential financing partners were also unsuccessful so management was forced to apply for protective shield proceedings.

The purpose of the protective shield proceeding is to successfully restructure companies in an organized process. The protective shield proceeding is one of the modern instruments of German restructuring law to enable a company’s restructuring. An application for a protective shield proceeding may not be made, if a company is already illiquid, but rather only in case of impending illiquidity or over-indebtedness. The intended restructuring may also not manifestly lack the prospect of success and illiquidity should not be expected in the course of the protective shield proceeding. 

In the current circumstances,  the protective shield proceeding offers Sono Motors GmbH the necessary flexibility to sustainably restructure, recapitalize, and realign in the interest of its creditors, suppliers, customers, and employees. The company intends to implement the changed focus on retrofitting and integrating solar technology into third-party vehicles in the context of the protective shield proceeding. In this area, Sono Motors GmbH already has non-binding letters of intent and customer orders/contracts with a total of 25 partners.

The company's management is confident that there are good chances of successfully restructuring the company’s business under the protective shield proceeding. Jona Christians, co-founder and co-managing director of Sono Motors GmbH: "Detours are part of  the founding process and we will continue to strive to implement sustainable solutions with our partners and to thus contribute to the decarbonization of the vehicle market."

In connection with the proceeding, the company is being supported by Dentons' restructuring team led by the experienced restructuring experts Dr. Holger Ellers and Dirk Schoene.

Dirk Schoene: "The focus on retrofitting and integrating solar technology into third-party vehicles is the logical next step. The company's innovative products in solar technology have the potential of being of great interest to OEMs. However, due to changed market conditions, it, unfortunately, became impossible to deal with the legacy costs from the discontinued Sion program using the company's own funds, so that the application for the protective shield proceeding became imperative to successfully continue the restructuring path already embarked upon." 

Also on May 15, 2023, Sono Group N.V., the U.S.-listed parent company of Sono Motors GmbH, filed an application  for self-administration at the competent local court of Munich seeking a corporate restructuring. Sono Group N.V. is being supported in its efforts by SGP Schneider Geiwitz and its restructuring experts Christian Plail and Matthias Räupke. 

FORWARD-LOOKING STATEMENTS

This 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 the risks, uncertainties and assumptions with respect to: expectations regarding the self-administration proceedings, for which Sono Group N.V. and Sono Motors GmbH have applied, the outcome of which, if they are approved, is uncertain; the company‘s ability to maintain relationships with lenders, suppliers, customers, employees and other third parties as a result of the applications for the opening of self-administration proceedings and the related increased performance and credit risks associated with the company‘s constrained liquidity position and capital structure; the company‘s ability to access the external funding required to successfully restructure its business; the ability to maintain Sono Group N.V.’s stock exchange listing; and the length of time that Sono Group N.V. and Sono Motors GmbH would operate under the self-administration proceedings, if these are approved. 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 courts, 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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https://sonomotors.com/en/press/press-releases/sono-motors-gmbh-filed-for-protective-shield-proceeding/ Sono Motors
2023-04-21T22:45:00+02:00 2023-12-27T03:29:40+01:00 Following Pivot Members of Sono Group N.V.’s Supervisory Board Resign
  • On 24 February 2023 Sono Group N.V. Committed to Focus Exclusively on Solar Business for B2B Customers, And Terminated the Sion Passenger Car Program

  • Against This Background, Members of Its Supervisory Board Have Resigned

MUNICH, Germany, 21 April 2023 – On 24 February 2023, Sono Group N.V. (NASDAQ: SEV) (“Sono Motors” or the “Company”) announced its commitment to change its business model to focus exclusively on its solar business for B2B customers and to terminate the Sion passenger car program. This has led to a shift in the Company’s business model and operations away from its supervisory board members’ strong expertise in the areas of automotive, digitalization, and Community-focus. Against this background four members of the Company’s supervisory board, Chair Martina Buchhauser, Vice-Chair Robert Jeffe, Arnd Schwierholz, and Community Representative Sebastian Böttger, today, 21 April 2023, announced their resignation with immediate effect.

Jona Christians, co-founder and Co-CEO of Sono Motors: “Based on their experience, Martina, Robert, Arnd, and Sebastian have made an important contribution to our company. We are very grateful for the dedication they’ve shown to our mission in the past and wish them all the best for the future.”

Johannes Trischler, who was nominated to the supervisory board by Laurin Hahn, will continue to serve on the Company’s supervisory board and the supervisory board can thus continue to perform its duties.

The Company has commenced the process of finding suitable candidates to fill the vacancies on its supervisory board as promptly as reasonably practicable, taking into account the Company’s nomination arrangement pursuant to which the Company’s Co-CEOs and Co-Founders, Laurin Hahn and Jona Christians, acting individually, are each permitted to make a binding nomination for one supervisory board member. Once suitable candidates have been identified, the Company shall convene a general meeting of shareholders to appoint them.

As a consequence of the resignation of all members of the Company’s supervisory board except Johannes Trischler described above, the Company will not have any supervisory board committees until new candidates for the Company’s supervisory board have been identified and appointed.

FORWARD-LOOKING STATEMENTS

This 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 the risks, uncertainties and assumptions set forth in 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 the Company’s 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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https://sonomotors.com/en/press/press-releases/following-pivot-members-of-sono-group-supervisory-board-resign/ Sono Motors
2023-03-08T15:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Announces It Has Signed With a Second Passenger Car Manufacturer
  • Sono Motors Signs Purchase Order With a Second Automotive Passenger Car Manufacturer

  • Solar Technology Allows Convenience for Car Owners, Grid-Independent Charging, and a Reduction of Running Costs

  • Sono Motors Focuses on Retrofitting and Integrating Its Solar Technology Onto Third Party Vehicles in Four Core Industries: Passenger Vehicles, Buses, Refrigerated Vehicles, and Recreational Vehicles

  • Company Now Has Total of 25 Non-binding Letters of Intent, Purchase Orders or Customer Contracts

MUNICH, Germany, 8 March 2023 – The solar tech company Sono Group N.V. (NASDAQ: SEV) (“Sono Motors” or the “Company”) today announced it has signed a purchase order with a second passenger car manufacturer, one of the 10 largest in the world. The scope of the order is delivery of solar body panels for one vehicle, so that, together with Sono Motors, the OEM is able to explore solar integration into their cars. The Company announced the first order from a passenger car manufacturer in December last year. This brings the Company’s total number of customers and partners for its solar technology to 25, a significant increase from 10 partners at the time of the Company’s IPO 15 months ago.

The Company has developed solar power electronics for high-voltage automotive use cases, such as passenger cars. Sono Motors has specialized in a unique manufacturing method to seamlessly integrate solar cells into polymer to be used for the exterior of a passenger vehicle. Solar charging allows more convenience for the vehicle owner, less dependency on battery charging infrastructures and a reduction in running costs compared to ordinary BEVs. Car manufacturers and fleet operators may use the Company’s proprietary technology in their own products to retrofit existing vehicles, or for new production vehicles, to extend the range of BEVs or to comply with emission regulations.

“We see a whole industry moving towards solar integration into vehicles. We believe we are at the forefront with our proprietary polymer-based solar technology for passenger vehicles” states Laurin Hahn, co-founder and CEO of Sono Motors. “Additionally, we believe that the steep increase in electric vehicle sales and the relatively slower increase in charging stations will create a bottleneck for the adoption of electric vehicles on a larger scale. We believe that even within the next few years, many people living in apartments without private access to charging stations will be reluctant to buy electric vehicles due to uncertainty whether they will be able to find relevant charging options. This will put even more focus on electric vehicles with solar integration.” 

Sono Motors is currently working as a development partner or supplier with customers in Europe and the United States. Customers include CHEREAU, Kögel, and Volkswagen subsidiary Scania. Going forward, Sono Motors intends to focus specifically on retrofitting and integrating its solar technology onto third party vehicles in four core industries – passenger vehicles, buses, refrigerated vehicles, and recreational vehicles. The Company is currently scaling up its technology, starting with the introduction of the next generation of its retrofit solution for cleaner public transportation — the ‘Solar Bus Kit’.

FORWARD LOOKING STATEMENT
This 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 and risks related to future results of operation, (iii) risks related to required funding and our ability to continue as a going concern, (iv) risks related to our ability to monetize our solar technology, (v) risks related to the uncertainty of the projected financial information with respect to our business, (vi) potential cancellations of reservations, leading to significant cash-outflows, which may exceed our available liquid means and could require us to file for insolvency, (vii) the impact of the change in our strategy to focus on our solar business on our reputation, (viii) effects of competition on our future business and (ix) 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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https://sonomotors.com/en/press/press-releases/sono-motors-announces-it-has-signed-with-a-second-passenger-car-manufacturer/ Sono Motors
2023-02-24T14:00:00+01:00 2023-12-27T03:29:40+01:00 The Future Is Solar

We announced today that Sono Motors will pivot to a purely solar tech company and that we have terminated the Sion program.

Before we go into details, we first want to sincerely thank each and every person who has supported us over the years on our journey. Thank you to our strong and loyal Community, without whom we would never have come this far. It is your support that has been the backbone of Sono Motors and we owe so much to you. You have been with us through every step of our journey. 

A Long Road, Together Side by Side

We see it before us like it was yesterday — the small garage, us in the Twingo. Founding the company with Navina in 2016. Our first crowdfunding campaign. The first release event with the SVC1. Our test drive tours all over Europe. The incredible #staysono campaign with over €50 million in pledges. The launch of the SVC2 at CES. Valmet Automotive as a contract manufacturer. The development and production of the series-validation vehicles. And to top it all off, the successful crash tests. Throughout this whole journey you, our Community, have been our cornerstone. You have been with us through thick and thin and we are truly so grateful for every moment that we have shared together.

We are extremely saddened that we have terminated the Sion program so close to bringing it to the streets. We are still fully committed to making a real difference in mobility and making every vehicle solar. Therefore we have made the decision to continue with our solar B2B business. This was a very difficult decision, as you can imagine, and we do not take it lightly.

What Happens Now?

We will pivot our business model to exclusively retrofitting and integrating our solar technology onto third party vehicles. This marks a significant next step in Sono Motors’ business development. Our technology is already in application today, with 23 B2B customers across Europe, Asia, and the U.S. piloting our integrated solar technology on a variety of vehicle architectures, including third-party OEM cars, buses, refrigerated vehicles, and recreation vehicles. An estimated 90% of our funding needs for 2023 were generated by the Sion program and therefore in light of the circumstances such as market depression, we made the decision to terminate the Sion program. 

Despite more than 45,000 reservations and pre-orders for the Sion, we were compelled to react to the ongoing financial market instability and streamline our business. Given also the resource intensive nature of the Sion program, including personnel requirements, we are now implementing a significant cost reduction program. This includes the redundancy of approximately 300 employees. This is not a decision we take lightly and we are incredibly grateful for their hard work and dedication to Sono Motors. 

The success of the Sion’s recent 18-vehicle series-validation program was proof to us that the concept of a solar electric vehicle (SEV) works. Just before entering pre-series production, the Sion was on a trajectory to become a disruptor in the automotive solar technology industry. We continue to believe that it is a solution both wanted by and needed for everyday people, demonstrated by our Community’s unwavering support, but had to take this step in light of depressed capital market conditions.

Why Didn’t It Work Out?

Various circumstances, not all of which were within our sphere of influence, such as the Covid-19 pandemic, led to the current situation. There are three main reasons included in this:

  • First, we weren’t able to convince investors in light of the ongoing financial market instability to invest in a capital-intensive hardware product.
  • Second, It is also unfortunate that despite this want and need that our government does not see sustainable solutions for mobility in the same way. We received hardly any governmental support and raised over 330 million euro since 2016, and less than 1% of that came from the state.
  • Third, decisions we made in the past, especially in the early days of Sono Motors, also led to this situation. We underestimated how difficult it is to raise the necessary funds. Any delays caused by fundraising or other factors had an impact on development and thus the timeline, which in turn required again more funding. 

In terms of Sion reservations with deposits made before the #savesion campaign, the Company has a payback plan to reimburse in various installments including a bonus over the next two years, starting with the first installment in May 2023. Sono Motors will not withdraw any money from the payment commitments made during the #savesion campaign.

Although we have terminated the Sion program, we will continue to utilize the patented technology we have developed in our solar business. 

Remaining Faithful to Our Mission

Our revenue-generating solar business has been going from strength to strength and we are currently already working as a development-partner and supplier with companies across ten countries in Europe, Asia, and the U.S. Customers include Mitsubishi Europe, CHEREAU, and two Volkswagen subsidiaries – Scania and MAN Truck & Bus. Going forward, we intend to focus specifically on buses and third-party OEM cars, and will now scale up our technology. We will start with the introduction of the next generation of our mass-market ready retrofit solution for cleaner public transportation — the ‘Solar Bus Kit’ — planned for the second quarter of 2023. And as we will now exclusively focus on solar technology, talks with potential investors progress.

The potential of our technology has been validated not only by our commercial partnerships, but also by the European Union. In January, we secured €1.46 million in funding from the EU Commission’s European Climate, Infrastructure and Environment Executive Agency (“CINEA”) to advance the development of the Company’s proprietary solar technology (‘SEAMLESS-PV’ project). We had also announced 52 patents granted or filed.

The Future Is Solar

This move means we can continue our mission of ‘solar on every vehicle’ and provide solutions that can benefit the lives of everyday people around the world, by reducing greenhouse emissions. The time for this mission is now, and our technology is ready to implement it. 

We thank each of you again for your support over the years. We would not have come this far without you, our awesome Community.

This is not the end. The future is solar. For a world without fossil fuels.

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https://sonomotors.com/en/blog/the-future-is-solar/ Laurin
2023-02-24T13:40:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Commits to Focus Exclusively On Solar Tech Company, and Has Terminated the Sion Program
  • Sono Motors Commits to Focus Exclusively on Solar Business for B2B Customers, And Has Terminated the Sion Passenger Car Program

  • Solar Technology Has Been Engineered to Enable Integration With a Wide Range of Vehicles, Including Buses and Trucks; Already Acquired 23 Customers To-Date

  • Solar Solutions, Including Hardware Such as Power Electronics and Software, Benefit Fleet Operators by Saving Fuel and Costs and Reducing CO2 Emissions

  • Sono Motors Recently Secured Funding From EU Commission Granted Project for its Solar Technology

  • Given the Capital-Light Nature of the B2B Solar Business, the Company’s Funding Needs Are Expected to Decrease Materially 

  • Talks With Potential Investors to Focus on ‘Solar Only Business’ 

  • Termination of Sion Passenger Car Program Positions the Company to Implement Significant Cost Reduction Measures

MUNICH, Germany, 24 February 2023 – The solar mobility solutions provider Sono Group N.V. (NASDAQ: SEV) (“Sono Motors” or the “Company”) today announced that it decided to pivot its business model to exclusively retrofitting and integrating its solar technology onto third party vehicles, and to terminate its Sion passenger car program (‘Sion program’), effective today. The Company’s solar solutions, including hardware such as power electronics and software, are already in application today, with 23 B2B customers across Europe, Asia, and the United States piloting Sono Motors’ integrated solar technology on a variety of vehicles, including third-party OEM cars, buses, refrigerated vehicles, and recreational vehicles. Fleet operators can benefit from integrating Sono Motors’ technology to save fuel, costs, and CO2, thereby contributing to the fight against climate change through a reduction in greenhouse gas emissions. Termination of the Sion program reflects a decision to focus on a capital-light business model – an estimated 90% of the funding needs for 2023 were generated by the Sion program – in light of depressed capital market conditions. Given the resource-intensive nature of the Sion program, including personnel requirements, the Company is now implementing a significant cost reduction program.

“This pivot marks a significant step in Sono Motors’ business development," said Laurin Hahn, co-founder and CEO of Sono Motors. “Even though we had to terminate our original passion project, the Sion program, shifting our entire focus to business-to-business solar solutions provides us with an opportunity to continue to create innovative products in the solar space. It was a difficult decision and despite more than 45,000 reservations and pre-orders for the Sion, we were compelled to react to the ongoing financial market instability and streamline our business.“

Sono Motors is currently working as a development-partner and supplier with companies across ten countries in Europe, Asia, and the United States. Customers include Mitsubishi Europe, CHEREAU, and two Volkswagen subsidiaries – Scania and MAN Truck & Bus. Going forward, Sono Motors intends to focus specifically on buses and third-party OEM cars. The Company will now scale up its technology, starting with the introduction of the next generation of its mass-market-ready retrofit solution for cleaner public transportation — the ‘Solar Bus Kit’ — planned for the second quarter of 2023. Talks with potential investors will now exclusively focus on solar technology.

The potential of Sono Motors’ technology has been validated not only by the Company’s commercial partnerships, but also by the European Union. In January 2023, the Company secured €1.46 million in funding from the EU Commission’s European Climate, Infrastructure and Environment Executive Agency (‘CINEA’) to advance the development of the Company’s proprietary solar technology (‘SEAMLESS-PV’ project). Sono Motors has also announced that it now has 52 patents filed or granted, 42 of which are for the Company’s proprietary solar technology, a significant increase from 10 patents filed or granted at the time of the Company’s IPO in November 2021. The number of patents filed or granted include patents relating to the same invention filed in different jurisdictions.

The success of the Sion’s 18-vehicle series-validation program was, in the Company’s view, proof that the concept of a solar electric vehicle (SEV) works. Just before entering pre-series production, the Sion was on a trajectory to become a disruptor in the automotive solar technology industry. In terms of Sion reservations with deposits made before the #savesion campaign, the Company announced a payback plan to reimburse in various installments including a bonus over the next two years. Although Sono Motors has terminated the Sion program, the Company will continue to utilize patented technology developed in its ongoing integration and retrofit business. On top, Sono Motors intends to sell its Sion program.

In light of the Company’s decision to terminate the Sion program, the Company plans the redundancy of approximately 300 employees. In this context, Thomas Hausch has decided to step down from his role as COO but will support the Company’s transition. “Without Thomas' professional dedication and outstanding character our Sion program would have not made it this far. We are so thankful for his past and future championing of our mission", said Laurin Hahn.

FORWARD-LOOKING STATEMENTS

This 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 and risks related to future results of operation, (iii) risks related to required funding and our ability to continue as a going concern, (iv) risks related to our ability to monetize our solar technology, (v) risks related to the uncertainty of the projected financial information with respect to our business, (vi) potential cancellations of reservations, leading to significant cash-outflows, which may exceed our available liquid means and could require us to file for insolvency, (vii) the impact of the pivot decision on our reputation, (viii) effects of competition on our future business and (ix) 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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https://sonomotors.com/en/press/press-releases/sono-motors-commits-to-focus-exclusively-on-solar-tech-company-and-has-terminated-the-sion-program/ Sono Motors
2023-02-07T14:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Demonstrates Solar Integration in Initial Sion Crash Test
  • Test Program Continues to Meet Sono Motors’ Expectations Regarding Crash Safety of the Sion and Robustness of Proprietary Solar Integration

  • Solar Panels Behave as Predicted: No Splinter and Thus No Additional Risk to Passengers and Other Road Users, According to Initial Complete Vehicle Crash Test

  • Safety as a Standard: Every Sion Will be Equipped With Multiple ADAS Features at No Additional Cost

  • Future-Proof: Over-the-Air Update Is Planned to Deliver Adaptive Cruise Control Feature in the Future 

Link to the crashtest video

MUNICH, Germany, 7 February 2023 – The affordable solar electric vehicle (SEV) Sion from Munich-based solar mobility solutions provider Sono Group N.V. (NASDAQ: SEV) (“Sono Motors” or the “Company”) successfully performed its first complete vehicle crash test. The result of the 50 km/h frontal crash test met the Company’s expectations regarding the Sion’s crash safety and the robustness of Sono Motors’ proprietary polymer-based vehicle-integrated solar technology, which covers the vehicle's entire body. The test was rolled out at its partner facility at CSI in Italy, a certified testing institution, with a Sion that was, including solar panels, painted green to ensure the vehicle is high contrast and therefore can enable more accurate evaluation. 

In the initial, physical complete vehicle test simulating a heavy frontal crash, the integrated Sono Solar Technology did not splinter and thus did not cause danger to passengers and other road users. Until homologation, Sono Motors will conduct around 300 physical component, sled and complete vehicle tests in total to confirm the results of years of crash simulations. Based on the physical and simulated tests carried out to date, the Company expects the Sion to comply with all legal requirements for pedestrian and passenger safety. In addition to the legally required test program, the Company is undertaking additional EURO NCAP (European New Car Assessment Programme) crash tests, e.g. to increase the Sion’s crash safety for women and children.

Markus Volmer, CTO of Sono Motors, says: “after years of running successful crash simulations, we are very proud to see our solar technology delivering the same satisfying and high quality results in real life. We want our customers to be able to drive with the comfort of knowing that the solar technology in their Sion is not only charging the battery for free but also adheres to the highest safety standards”.

The Sion is a highly practical and family-friendly SEVe, which will fulfill high safety standards in other areas as well. The Company will equip every Sion with future-proof ADAS (advanced driver assistance systems) technologies at no additional cost. The ADAS features are proven solutions from technology company Continental and will be included as a standard in the Sion’s expected sales price of approximately €25,000 net. The functionalities include:

  • Forward collision warning
  • Automatic emergency braking
  • Lane departure warning
  • Lane keep assist
  • Attention assist
  • Traffic sign assist
  • Rear parking assist
  • Rear view camera

Sono Motors plans to add adaptive cruise control via an over-the-air update after the start of production. “We want to ensure maximum safety, comfort and efficiency for Sion customers. Thus, we have integrated some of the best ADAS technologies on the market and we retain the possibility of unlocking new software features over the air. By integrating state of the art technology, we plan to make the Sion competitive for its start of production and ready for the future”, says Markus Volmer, CTO of Sono Motors.

Durability tests, crash tests and solar tests have already started on 18 complete vehicles and further tests, such as winter tests in Sweden and ADAS validation, are planned within the first quarter of 2023.

NOTE
Reservations can only be made by persons located in 27 European jurisdictions. We do not accept reservations from persons located in any other country. We also do not accept reservations from U.S. persons. This document is for information purposes only.

FORWARD-LOOKING STATEMENTS
This 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.
 

]]>
https://sonomotors.com/en/press/press-releases/sono-motors-demonstrates-solar-integration-in-initial-sion-crash-test/ Sono Motors
2023-01-26T15:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Extends Campaign As Talks With Potential Investors Progress: The Future Is Worth Fighting For
  • Campaign Is Extended For a Month Until 28 February 2023 As Talks with Potential Investors Progress 

  • As of Today, More Than €47 Million Committed From Over 8,600 Community Members And Additional Sources 

  • Europe-Wide Tour with More Than 5,000 Visitors - Sono Motors Announces 12 Additional Sion Tour Stops 

MUNICH, Germany, 26 January 2023 – The Munich-based solar mobility solutions provider Sono Motors (subsidiary to Sono Group N.V.; NASDAQ: SEV) today announced the extension of its #savesion campaign as talks with potential investors progress.

“Our plan to send a clear signal to both the market and investors through growing reservations, payment commitments, and additional sources of almost €50 million seems to be working. We are in ongoing talks with potential investors and believe that the campaign’s extension positions us to reach our target of approximately €100 million and proceed with the Sion program. The engagement of thousands of Community members has proven the market demand for the Sion once again. The determination we feel from the thousands of calls, emails, and personal interactions with the Community, combined with the inquisitive feedback of numerous potential investors, empowers us to continue both the campaign and our fight for the Sion – our affordable, climate-friendly and unparalleled mobility solution,” says Laurin Hahn, co-founder and CEO of Sono Motors.

The ongoing #savesion campaign underscores the uniqueness of Sono Motors as a true community brand. As of today, Sion reservations, which total more than 44,000, include ~21,000 private reservations with deposit, over 1,500 new private reservations with deposit commitment made to date during the course of the campaign, and ~22,000 non-binding B2B pre-orders. These reservations and pre-orders are potentially equivalent to a net sales volume of about €1 billion, assuming that all result in sales. The more than 1,500 new private reservations for the Sion since the start of the campaign in December 2022 contribute to the biggest month-over-month increase in B2C reservations since the Company went public. The campaign began on 8 December 2022 and will now be prolonged for a month until 28 February 2023, in line with the framework of the terms and conditions.

Jona Christians, co-founder and CEO of Sono Motors, adds, “every single day invested in the future is worthwhile and that is why we made the decision to extend the campaign. We have already met more than 5,000 people in 13 different cities on our European-wide tour with thousands experiencing the Sion first hand in test drives and we just announced 12 additional stops to come. We owe it to these pioneers to not give up yet. We owe them more time to activate even more people eager to revolutionize mobility. It is up to all of us now to fight. Fight for the Sion, fight for the future and fight for a world without fossil fuels.”

Shortly prior to this announcement, Sono Motors secured €1.46 million in funding from the European Climate, Infrastructure and Environment Executive Agency (CINEA) to advance the development of the Company’s proprietary solar technology, further evidencing the Company’s in-depth technological expertise and knowledge.

During the campaign, the Company has also significantly progressed in the testing and series-validation program of the Sion. It is technologically on a fast track to start pre-series production, which is planned for the summer of 2023. Crash tests began in Italy this week.

NOTE
The above-mentioned CINEA funds will be strictly used only for SEAMLESS-PV project activities as agreed with the project partners and the European Commission and won't be used in any other activities.

Reservations can only be made by persons located in 27 European jurisdictions. We do not accept reservations from persons located in any other country. We also do not accept reservations from U.S. persons. This document is for information purposes only. This press release is not for publication or distribution, directly or indirectly, in or into the United States of America.

This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the company and management, as well as financial statements.

FORWARD-LOOKING STATEMENTS
This 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.
 

]]>
https://sonomotors.com/en/press/press-releases/sono-motors-extends-campaign-as-talks-with-potential-investors-progress/ Sono Motors
2023-01-23T15:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Secures Funding From EU Commission Granted Project for Solar Technology
  • Sono Motors Has Already Received €532,441 of €1.46 Million in Funding, the Remainder of Which Will Be Paid in Future Installments

  • The Company Will Provide Knowledge and Expertise to the ‘SEAMLESS-PV’ Project As Well As Application of Its Proprietary Technology Into Various Vehicle Architectures

  • Sono Motors Now Has a Total of 50 Patents Granted or Filed, 42 of Which Are for the Company’s Proprietary Solar Technology

MUNICH, Germany, 23 January 2023 – The Munich-based solar mobility solutions provider Sono Group N.V. (NASDAQ: SEV) (“Sono Motors” or the “Company”) secured €1.46 million in funding from the European Climate, Infrastructure and Environment Executive Agency (“CINEA”) to advance the development of the Company’s proprietary solar technology. The SEAMLESS-PV project was granted by the EU Commission and aims, over the course of four years, to develop automated photovoltaic (PV) manufacturing equipment, address the industrialization of novel manufacturing processes, and demonstrate the technology’s cost-efficiency and compliance with market requirements and standardization frameworks in various sectors. Sono Motors will provide its knowledge and expertise in the field of vehicle integrated photovoltaics (ViPV) via application of this technology into three different vehicle architectures.

Sono Motors received the first installment of €532,441 during its ongoing  #savesion campaign. In the course of the campaign the Company has already received payment commitments from its Community and other sources worth approximately €45 m. This support is making it conceivable that Sono Motors achieves its target of about €100 m gross in new or increased reservation deposits, investments, or other sources of funding within the next few days. This sum is intended to cover a large part of the investments up to pre-series production of the solar electric vehicle Sion in 2023 and trigger a positive domino effect as the first step in a far-reaching financing strategy.

During the campaign, Sono Motors’ B2B solar business continues to generate revenue. As an independent part of the business model, Sono Motors’ proprietary solar technology is being integrated into vehicles from other manufacturers, such as buses, trailers, trucks, and camper vans. It provides power for a variety of vehicle systems, reducing CO2 emissions and fuel consumption. The Company has already acquired 23 partners such as Scania, CHEREAU, Rhenus Logistics, Mitsubishi Europe, and Munich’s public transport provider MVG.

Sono Motors also announces that it now has a total of 50 patents granted or filed, 42 of which are for the Company's proprietary solar technology. The strong growth in patents – up from 10 at the time of the Company’s IPO in November 2021 – helps to maintain Sono Motors’ position as a pioneering leader in the field of solar technology innovation. These patents partly relate to the same invention being filed in different jurisdictions.

NOTE
These funds will be strictly used only for SEAMLESS-PV project activities as agreed with the project partners and the European Commission and won't be used in any other activities.

Reservations can only be made by persons located in 27 European jurisdictions. We do not accept reservations from persons located in any other country. We also do not accept reservations from U.S. persons. This document is for information purposes only. This press release is not for publication or distribution, directly or indirectly, in or into the United States of America.

This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the company and management, as well as financial statements.

FORWARD-LOOKING STATEMENTS
This 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.
 

]]>
https://sonomotors.com/en/press/press-releases/sono-motors-secures-funding-from-eu-commission-granted-project-for-solar-technology/ Sono Motors
2023-01-17T11:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Progresses Towards Pre-series With Solar EV and Reaches Over €40M Payment Commitments in Ongoing #savesion Campaign
  • Over 44,000 Reservations for Sono Motors Sion, as of 16 January 2023 

  • The Company Has Already Received Over €40m in Customer Commitments Within the Last Weeks

  • Ahead of Pre-series Production, Sono Motors Confirms Its Unique Technological Features Solar Charging and 3-Phase Bidirectional Charging in Real-Life Tests

  • International Testing and Series-Validation Program Is Progressing Quickly, Including Durability Testing in Spain, as Well as WLTP Drive Cycle Tests

  • First Production Trials With Series Tooling, Such as the Injection Molding for the Solar Body Panels, Have Commenced

MUNICH, Germany, 17 January 2023 – Solar mobility OEM Sono Motors (subsidiary to Sono Group N.V.; NASDAQ: SEV) is making great progress in the testing and series-validation program of its solar electric vehicle Sion, and is technologically on a fast track to pre-series production, which is planned in summer 2023. Over 8,000 people have already participated in the ongoing #savesion campaign, by either placing a new reservation for a Sion or increasing their deposit. 

Over €40m in Customer Commitments Already Received During #savesion Campaign
As of today, the more than 44,000 Sion reservations include ~21,000 private reservations with deposit, ~22,000 non-binding B2B pre-orders and more than 1,000 new private reservations with deposit commitment made in the course of the #savesion campaign. The Company therefore has already received payment commitments from its Community worth over €40m, to decrease the funding gap until pre-series production. This support is making it conceivable that Sono Motors achieves its target of about €100m gross in new or increased reservation deposits, investments, or other sources of funding within the next few weeks.

“Several thousand supporters have already made this campaign one of the largest in Europe and are sending a clear signal that they want the Sion, an affordable alternative to bulky and expensive e-SUVs. Also, that a climate-friendly mobility revolution in Europe is both needed and wanted. At the same time, we believe the €40m sum in new reservations sends a strong message to investors and we have received positive feedback since announcing the campaign. We are in ongoing talks with potential investors and feel confident that we will reach the target and proceed with the Sion program. We need a final push, more thought leaders to stand up and fight for this revolution together,” says Laurin Hahn, CEO and co-founder of Sono Motors.

Durability Testing in Spain
Sono Motors’ affordable solar electric vehicle, Sion, recently completed handling and comfort suspension tuning and road load data acquisition, and is now undergoing durability testing in Spain. The Sion is being tested at the Applus IDIADA test track to complete the accelerated durability test cycle on the proving ground in various rough road conditions, equivalent to 150,000 km of customer usage. These tests will confirm the complete vehicle’s structural durability as part of the Sion’s extensive and uncompromising test program, currently involving 18 complete vehicles and several bodies-in-white in the U.S., Germany, Sweden, Italy, and Hungary. Watch the footage of the durability test in Spain here.

Solar Charging Under Real-Life Winter Conditions Confirmed
Beyond the durability testing, Sono Motors recently confirmed the Sion’s solar charging capability during a real-life test in December, the month with the least amount of daylight in Europe. The car reached a calculated 28 km of pure solar range per week. Therefore, the Sion was already able to achieve 80% of the expected winter solar yield about a year ahead of planned production. This test, undertaken using a series-validation vehicle, confirms the potential for an average of 5,800 km annual solar range in Europe, thanks to the unique integration of the solar modules into the entire body. More details of the winter solar charging test in this video.

3-Phase Bidirectional Charging Successfully Tested
Sono Motors successfully tested the vehicle-to-vehicle (V2V) charging technology using 3 phase at 13 amps with limited amperage during various test cycles. This resulted in a bidirectional charging output of 8 kW AC between a Sion and an unmodified series EV. By the start of production, the Sion is expected to be able to charge other devices with up to 11 kW AC. Watch the bidirectional charging testing video here.

Sion’s Efficiency Confirmed in First Series of WLTP Tests
Following so-called ‘coastdown’ testing in Spain, to validate the Sion's driving resistances and vehicle performance simulation models, the Sion drove a wide variety of drive cycles on test benches in Sweden and Germany, including WLTP tests. The car surpassed the WLTP range target of 305 km on a single battery charge of 54 kWh, overachieving the advertised vehicle range. Based on this performance, Sono Motors expects to confirm a modest range increase before the start of production, due to consequent improvement in the Sion’s efficiency. In addition, the car is expected to achieve about 112 km of emission and cost-free range on average per week through the power of the sun in Europe.

Production Trials With Series Tools Commenced
While the testing and validation program continues, Sono Motors and its partners have already finished building many component production tools for exterior and closures, as well as run initial production trials. These include the crucial injection molding tools for the solar panels and dozens of other series hard tooling. The Company plans to have the first Sion pre-series vehicles built using series tools at its production partner Valmet Automotive in Finland in the second half of 2023.

NOTES
Reservations can only be made by persons located in 27 European jurisdictions. We do not accept reservations from persons located in any other country. We also do not accept reservations from U.S. persons. This document is for information purposes only.

This press release is not for publication or distribution, directly or indirectly, in or into the United States of America. This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the company and management, as well as financial statements.

Solar range calculations are based on WLTP range and the solar yield from the European market average, open field, and a typical meteorological year weather data.

FORWARD-LOOKING STATEMENTS
This 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.
 

]]>
https://sonomotors.com/en/press/press-releases/sono-motors-reaches-over-40m-payment-commitments-in-ongoing-savesion-campaign/ Sono Motors
2023-01-12T08:00:00+01:00 2023-12-27T03:29:40+01:00 Why the World Needs the Sion

Global warming and climate change – just 20 years ago this seemed quite far away for most of us. For some, it still seems to be. But the fact is, the climate crisis has long since arrived. It’s on our doorstep. Not in the global south, not at the polar ice caps, but here in Germany.

And everywhere else in the world: unusual highs of up to 20°C in winter in Europe. Freezing cold and blizzards in the USA with lows of minus 45°C. Not enough snow in the Alps, floods around the globe. Climate change is happening and none of us is immune to its effects anymore. Scientists agree that what we are experiencing right now is merely the precursor to a global change that is transforming all of our lives and threatening our livelihoods. 

The lion's share of this transformation is caused by one thing – the burning of fossil fuels, especially crude oil. We burn most of this finite resource for one of our greatest passions –  mobility. Whether driving, flying, or transporting goods, getting from A to B using crude oil has a devastating impact on the global climate. 

To finally end this, we need real solutions now. Solutions that rethink mobility in a new and holistic way. Solutions for the masses and not just for the top 1%. 

The Mobility Revolution on Wheels

For us, such a solution looks like this – climate-friendly mobility for all via a shareable, everyday solar electric car, the Sion.

sono sion, sono motors, bidirectional charging, wallbox, sion, solar car, home storage

And here's how it can contribute:

  • A fair price of €29,900. Cheaper than comparable electric vehicles and affordable for the average vehicle owner.
  • Solar integration for cost and emission-free range – because the sun doesn't send a bill. This also reduces the need to charge, making the Sion potentially one of the most climate-friendly electric vehicles in the world. 
  • Bidirectional charging for maximum independence on the road and at home. The Sion supplies power to others and also functions as a home storage system. This is intended to support the stabilization of grids and accelerate the transition to 100% renewable energy. 
  • The Sion can be shared via app. In this way, we want to give even more people access to climate-friendly mobility. Integrated car sharing is intended to relieve urban traffic infrastructures and enables us to use our cars much more efficiently.

In short, for us the Sion is the mobility revolution on wheels. 

A solution the world needs now. Practical and climate-friendly for the everyday lives of millions of people.

sono sion, family car, solar car, sono motors, sion,

The Sion offers space and comfort for families, has a modern infotainment system and an intuitive and practical design. It is, so to speak, the Swiss Army knife among EVs, not the expensive designer handbag. And if it ever comes down to it, we have a reliable and renowned service partner in BOSCH at our side to take care of repairs and maintenance. In fact, nothing should stand in the way of a climate-friendly solution like this. 

Only Together 

Although the Sion appears to be the perfect solution to so many problems, we are struggling to finance production in the current economic climate. 

A global pandemic, high inflation rates and a destructive war in Europe have led to unstable financial markets. In addition, financial markets and even entire governments are once again investing large amounts of money in oil and gas. New infrastructures and plants are being built to process and burn even more fossil fuels.

These decisions actively accelerate climate change and prevent the self-imposed climate targets, such as the all-important 1.5 degree target. Important innovations and climate-friendly technologies that could help combat the climate crisis are being neglected by decision-makers. When politicians, investors and corporations refuse to take responsibility at this critical moment, we must act – as a community.

sono motors, community, livestream, presentation, sion

We believe in this solution, but we have to fight for it – with all the means at our disposal. We need €100,000,000, we have already raised over €40,000,000. This is incredible, but still not enough. 

We now have 14 days left to turn the tide and show the world that the Sion is the solution we believe in. In the last few weeks, we have already achieved incredible things. Almost 8,000 supporters have made this campaign one of the largest in the world. The feedback from our tour is clear: "get the Sion on the road!"

But to do that, we need one last push. We need all of you – yes, you too! Because only together can we take on the responsibility that others shirk. Only together can we stand up for a better future. And only together can we change the world. 

]]>
https://sonomotors.com/en/blog/why-the-world-needs-the-sion/ Laurin
2022-12-26T11:00:00+01:00 2023-12-27T03:29:40+01:00 1,000 Mark Reached: Sono Motors Makes Significant Progress Towards Achieving Its Goal of 3,500 Fully Paid Sion Reservations
  • The #savesion Campaign of Munich Solar Mobility OEM Sono Motors Registered a Total of 1,000 Fully Paid Reservations for the Sion, the Company’s Solar Electric Vehicle

  • The 50-Day Campaign Was Launched on 8 December and Aims at Raising Approx. €100m Gross From Paid Reservations or Other Investments to Continue the Sion Program

  • Laurin Hahn, Co-founder and CEO: “Sion Development Program Is Well Advanced”

  • Winter Test With Series-Validation Vehicle Affirms Potential for 5,800 km Yearly Average Solar Range in Munich Due to Unique Integration of Solar Panels into the Entire Car Body

  • While the Campaign Is Running, the Sion Is on Tour in Germany, Austria, Switzerland, and the Netherlands

MUNICH, Germany, 26 December 2022 – Sono Motors (NASDAQ: SEV), the solar mobility OEM from Munich, announced on 24 December, that the company has received more than 1,000 full deposits for the solar electric vehicle Sion. The 50-day #savesion campaign was launched on 8 December and aims at raising approx. €100m gross from deposits, which equals 3,500 fully paid reservations for the Sion. The company will only withdraw the money from the crowd investors if it reaches the campaign goal. This sum is intended to cover a large part of the investments up to pre-series production of the Sion in 2023 and trigger a positive domino effect as the first step in a far-reaching financing strategy.

Laurin Hahn, co-founder and CEO of Sono Motors: "The milestone of 1,000 full deposits shows that it is worth fighting together for the Sion. Our solar electric car program is well advanced. In a solar winter test under real conditions in December, the month with the least daylight, we reached a calculated 28 km of pure solar range per week. This means that we were already able to achieve 80% of the expected winter solar yield about a year ahead of planned production. This test with a series-validation vehicle confirms the potential for an average of 5,800 km annual solar range in Munich, thanks to the unique integration of the solar modules into the entire body. In addition, bidirectional charging is functional. We were able to test our V2V charging technology with 3 phases at 13 amps with limited amperage during the first test cycles. This resulted in a bidirectional charging output of 8 kW AC between a Sion and an unmodified series EV. After the start of production, a planned OTA software update will enable the Sion to charge with up to 11 kW AC. At the same time, we are in an intensive testing phase with 13 vehicles for series validation and 32 body-in-white, including tests in the U.S., Spain, Sweden, Italy, Hungary and Germany." 

Roughly two weeks ago, Sono Motors said that it would not continue the Sion program if the #savesion campaign failed. Instead, the company would focus on its B2B solar business, which requires less capital and has already started generating revenue. To date, Sono Motors has raised over €330 million via investors and financial instruments. However, due to the capital market decline in the recent past, it was not able to fully finance the remaining capital necessary until the planned start of production in the first quarter of 2024.

Strong Support From the Sono Motors Community – Almost No State Funding
“The successful start of the campaign fills us with pride and gives us the certainty that the demand for the Sion is great and our solar electric car is urgently needed as a partial solution to climate change and the energy crisis,” says Jona Christians, co-founder and CEO of Sono Motors. “We have received almost no state funding, so we will continue to focus on our Community and on the capital markets. We have raised over €330m in capital since 2016, which, by German standards, is a huge amount of money. Less than 0.5% of these funds were provided by the government. That is really sad and clearly shows that innovative solar technology remains a low priority for our government,” adds Christians.

Sion Test-Drive Tour in Four European Countries
In support of the #savesion campaign, the Sion is on a test-drive tour through 12 cities in Germany, Austria, Switzerland, and the Netherlands in December 2022 and January 2023. The next stops include Oberhausen, Germany, on 28 December 2022, and Frankfurt, Germany, on 4 January 2023. In addition, the Sion is on show at the Sono Motors’ Munich showroom, which is open seven days a week.

NOTE
Reservations can only be made by persons located in 27 European jurisdictions. We do not accept reservations from persons located in any other country. We also do not accept reservations from U.S. persons. This document is for information purposes only.

FORWARD-LOOKING STATEMENTS
This 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.
 

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https://sonomotors.com/en/press/press-releases/1000-mark-reached-significant-progress-towards-achieving-goal-of-3-500-fully-paid-sion-reservations/ Sono Motors
2022-12-21T15:30:00+01:00 2023-12-27T03:29:40+01:00 Decisive Year for Sono Motors
  • First Annual General Meeting Held in Amsterdam, Netherlands

  • Substantial Increase in Solar Business; 23 International Partners in Total 

  • More Than 42,500 Sion Reservations and Pre-Orders

  • 240% Growth in Patents, 34 Granted or Filed in Total

  • Significant Growth Reflected in Financial Results

  • Appointment of Arnd Schwierholz As Member of the Supervisory Board of the Company

AMSTERDAM, Netherlands, 21 December 2022 – The solar-mobility OEM Sono Group N.V. (NASDAQ: SEV) (hereafter referred to as “Sono Motors” or the “Company”) today held its first annual general meeting (“AGM”) in Amsterdam, giving a brief overview of the business year 2022 and announcing the appointment of a Member to the Supervisory Board.

A Decisive Year for the Company
“2022 has been a decisive year for Sono Motors. Despite the economic and geopolitical challenges, we have grown tremendously in all business areas. We have made significant progress as a company, as a technology provider paving the way for solar on every vehicle. Strong growth - but also growth, which was driven and made possible only by our dedicated Community and their commitment to actually bringing the Sion onto the street,” states Laurin Hahn, CEO and co-founder of Sono Motors.

Important Progress in All Key Areas
Starting with ten B2B Solar partners in November 2021, Sono Motors was able to sign an additional 13 international partners during the past twelve months, thereby creating a robust and wide-spread network of 23 well-renowned companies, such as Rhenus, Chereau, Scania, a subsidiary of Volkswagen, and Mitsubishi Europe. This network of international partners is an important milestone in diversifying Sono Motors’ various business pillars and thus securing a more financially resilient standing for the entire Company.

One year has passed since the IPO in November 2021 and the Company now has achieved over 21,000 Sion B2C reservations and 22,000 B2B pre-orders. These numbers show an increase of 30% in the B2C segment and 40% in the B2B pre-order business. 

The Company’s in-depth technology knowledge was proven by an additional 24 patents being filed or granted up to date (34 in total), ensuring Sono Motors’ position as a leader in the field of solar technology innovation. These patents partly relate to the same invention being filed in different jurisdictions.
Sono Motors as a company itself grew by 82% to a total number of 418 employees as of November 30, 2022, of which more than 70% are engineers. Diversity is one of the Company’s strengths. The 418 experts come from more than 45 countries, bringing in their valuable knowledge and different backgrounds.

Major Milestones Accomplished in 2022
At the beginning of the year, Sono Motors announced the signing of a binding term sheet with Valmet Automotive, regarding the collaboration and the production of the Sion. Valmet Automotive will provide the capacity to produce up to 257,000 vehicles over a seven-year period.

In July 2022 Sono Motors revealed the world’s first affordable solar electric vehicle (SEV), the Sion, in its production design, alongside its second stand-alone product, the ‘Solar Bus Kit’. This kit is a B2B retrofit solution that reduces fuel consumption and inner-city greenhouse gas emissions, thereby contributing to climate protection. The Company started intensive testing and validation of the Sion series-validation vehicles shortly after its presentation, including vehicle dynamics testing, advanced electric testing, crash testing, as well as driving on the German Autobahn and long endurance and solar testing in Spain.

Sono Motors was also able to further establish its position as a pioneering solar mobility provider when the Company was certified as an OEM by the Federal Motor Transport Authority (“KBA”) in July 2022 and achieved official incomplete type approval for the Sion (certified by KBA in July 2022). This partial type approval of the Sion was a major step in preparing the SEV for homologation and high volume production 

Furthermore, the Company successfully expanded important partnerships with well-established companies such as Continental and Bosch, securing highest quality in product as well as after sales service to the customer.

Sion embarked on a tour of the U.S. in October, which was designed to demonstrate solar electric mobility and gauge interest for the Company’s potential future expansion into the U.S. market.

Significant Growth Reflected In Financial Results
Sono Motor’s revenue was six times higher in Q3 2022 than in Q2 2022, resulting in revenue of €138,000 in Q3 2022, generated by the two business pillars Sono Solar and Sono Digital. Sono Motors has raised over €330m capital since 2016 including paid reservations of ~€44m as of November 30, 2022. Current liquidity equals €55m as of November 20, 2022. 
As part of its multistep funding strategy, Sono Motors launched a down-payment campaign for 3,500 Sion, called #saveSion in December 2022. The thereby gained funds will be invested in taking the Sion closer to pre-series. The campaign is currently expected to run for 50 days and is Sono Motors’ attempt to raise non-dilutive funding for the majority of the Sion capex program. “The community’s support enabled us to push the Sion program this far–too far to be shut down. We believe that even a small group of people with a joint idea can change the status quo and that ideas and innovations such as the Sion are needed in times like these,” Laurin Hahn explains. If the down-payment campaign does not go as expected, Sono Motors will focus on its proprietary and significantly less capital intensive Solar Technology business. 

Appointment of Arnd Schwierholz As Member of the Supervisory Board of The Company
The Supervisory Board has made a binding nomination to appoint Arnd Schwierholz as 
Member of the Supervisory Board of the Company from the date of the AGM for a period closing at the end of the Company shareholders’ annual general meeting to be held in 2026.
“In Arnd, we have found a proven and well-experienced expert to our Supervisory Board with strong expertise in the areas of mobility and finance. We are very pleased to have him on board as we further position Sono Motors as a pioneering leader in the field of solar mobility,” says Jona Christians, CEO and co-founder of Sono Motors.

Outlook 2024
“92% of our suppliers are nominated, 39 % of the machines for series production have been ordered. We are planning to set up pre-series shortly and prepare for series production in Finland, testing continues and the homologation is expected to take place; so the Sion is well on its way. Minor changes to the investment plans have resulted in a planned pre-series production in 2023 and planned SOP in the first quarter 2024. As for the solar business, one of the world’s top global passenger car OEMs signed a purchase order with us. So we believe the field of technology licensing holds a very promising new market for us. As a company we want to exploit the full potential of our technologies and thus vigorously move forward on our mission of solar on every vehicle”, Christians concludes.

FORWARD-LOOKING STATEMENTS
This 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.

DISCLAIMER
The issuance and sale, if any, of ordinary shares by the Company under the ATM Sales Agreement is subject to the effectiveness of the Company's registration statement on Form F-3 (file number 333-268709), filed with the Securities and Exchange Commission on December 7, 2022, which includes a prospectus specifically relating to the offer and sale of ordinary shares by the Company under the ATM Sales Agreement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein, nor shall there be any offer, solicitation or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
 

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https://sonomotors.com/en/press/press-releases/decisive-year-for-sono-motors/ Sono Motors
2022-12-21T15:15:00+01:00 2023-12-27T03:29:40+01:00 Let's Fight Together

Wow, the past days and weeks have blown our minds. We asked you for help and you instantly answered. We have achieved too much together to stop now. Yes, we made mistakes, we aren’t perfect but we won't give up. We are here to fight for the Sion. 

#savesion has only just begun, we still have a long way to go. Together we can get there. We stand together, we fight together. And here is why:  

We’ve Come This Far, Let’s Finish It!

Your support enabled us to push the Sion program so far. Too far to be shut down. This is what we have achieved already, possible only because of your commitment and belief:

1. We have already built a fleet of 13 full series-validation vehicles and 32 Body-in-Whites (BIW), a massive step in development. There are operating trials, test drives with the community, solar charging, bidirectional charging. Independent automotive journalists testify that the Sion already has a maturity level much higher than expected.

Sion, testing, test track, sev, sev, sono motors

You need more details? Here you go!

  • Solar charging is working. Our promised assumptions have been validated by first tests in a series set-up. Our tested increase in state-of-charge (SOC) equals 4 km (WLTP) of additional cost- and emission-free solar range per day or 28 km (WLTP) per week in the worst performing month of December, which is 20 % less than the targeted 35 km on average in December, which is in our info sheet on our website. We still need to optimize our algorithms for efficiency until series. But we are very happy with the results already.
  • Bidirectional charging: We have proved our V2V charging technology with 3-phases at 13 amperes (limited amperage during the initial testing cycles) which results in 8 kW AC bidirectional charging performance in a test, between a Sion and an unmodified series EV. Our target for series is 11 kW AC.
  • We are in an intense testing phase with vehicles around the world. Reliability and quality testing in Spain (durability, WLTP), Michigan (calibration), Sweden (NVH & thermal), Italy (crash testing), Hungary (calibration Electrical Power Steering) and Germany. Learn more about our state of development here.

2. We went public in the US on Nasdaq – one of the most regulated markets in the world and have since foundation raised more than €330m

sono motors, nasdaq, ring the bell, ceremony, stock, sev,

  • This demonstrates that we are able to raise money from investors. 
  • We just announced a €30m convertible bond, proving that even in these tough times we can raise some (but still not enough) money from investors.
  • All of this money has been invested in the Sion’s core technology & its solar technology and generated 34 patents. 

3. We built an incredible team of 418 industry experts (over 70% engineers) and became an officially certified automotive company, a so-called OEM, certified by the German authorities.

Sion, series-validation vehciles, Bertrandt, development

No one would have believed that this was possible. But it was, because we did it together. We promised you to bring the Sion on the streets, and you put your trust in us. So, let’s show the naysayers that they are wrong. Let's prove that this world is not only ruled by calculators and profits.

Instead of building more and more solutions for the 1%, let’s prove that the demand for an affordable SEV, rather than luxury SUVs, is very much wanted and called-for by the everyday person.

All About the #savesion Campaign

At the beginning of December, we launched a very ambitious crowdfunding campaign. 3,500 Sion in 50 days, which translates into €105m gross (calculated at a retail price of the Sion of €29,900 for each full down payment).

save the sion, 3,500 sion, campaign, sono motors,

What We Need to Save the Sion

  • At least €105,000,000 – the worth of 3,500 Sion full price payments. We already have over 21,000 Sion reservations. If everyone were to pay the full price for their vehicle today, this would be equivalent to €460m. If we manage to collect €105m, we can continue building the Sion. But every additional euro we receive reduces our dependence on the capital market and lowers the overall risk. The bigger the community gets and the more money it contributes, the stronger we are.
  • You can give a gift. Every euro counts.
  • Tell a friend. We will only make it, if even more people are getting involved. So tell a friend about this story. Activate your network. 

What You Get

  • A discount of up to €2,100 per car. The discount reduces over the campaign time. The sooner we reach our goal, the sooner we can order the production machinery to reduce delays of the start of production. Therefore, being quick helps us and you.

What We All Fight For

It’s not about our dream. It’s not about Sono Motors. It’s not about an electric car. It’s about proving to the world that change is both needed and wanted. That we can’t continue like this. That the everyday person has taken matters into their own hands and shown politicians, investors, policymakers and corporations what true action looks like.

It’s about a movement. A strong community of Sion supporters that has one belief. A belief that even a small group of people with a joint idea can change the status quo. That ideas and innovations like the Sion are needed in times like these. 

So let's do it. Let's continue to build our Sion. Let's take matters into our own hands. For a world without burning fossil fuels.

We are sure you have questions, so let’s get you some more answers. Here you can find our FAQ section. And in this video, our CFO Torsten outlined our finance strategy in detail. Also, you are more than welcome to get in touch with us via e-mail or to set up an appointment for a phone call. And last, but definitely not least – have you considered meeting the Sion on tour or at our Munich showroom? Then check this out. We look forward to seeing you!

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https://sonomotors.com/en/blog/lets-fight-together-lets-save-sion/ Laurin
2022-12-08T14:00:00+01:00 2023-12-27T03:29:40+01:00 Most important strategic decision in Sono Motor’s history: Community to decide about the future of the Sion, the solar-electric passenger car.

MUNICH, Germany, 8 December 2022 – Jona Christians and Laurin Hahn, CEOs and co-founders of Sono Motors, make statement regarding the #saveSion campaign.

Sono Motors has achieved important operational and commercial milestones throughout the year. These include signing promising partnerships in our solar business and presenting our first Sion series-validation vehicles. At the same time, financial markets have experienced a negative downturn, with many tech companies losing up to 90+% of their respective market cap, and shares in mobility tech companies have been hit particularly hard. As a result, financing our Sion program through equity has become increasingly challenging and dilutive. Raising money takes much longer than expected, since we failed to explain to investors why the Sion has the potential to become the world’s first affordable solar-electric vehicle and that there is a huge demand for it.

One view in the investment community is that we should focus on our capital-light, revenue-generating solar business and abandon the Sion program. We understand the market situation and we could streamline our business for the long-term prosperity of our company. 

But before making any decision to stop the Sion program, we want to give our Community – who amount to over 21,000 Sion reservation holders – a chance to keep the Sion program alive and partly solve our funding hurdle. We believe this is absolutely worthwhile, since 21,000 private reservations are the equivalent of approx. 465 million euro in potential revenue. Adding our roughly 22,000 B2B pre-orders worth almost 600 million euro in potential revenue, brings us to a potential order backlog of more than 1 billion euro as of today, assuming that all reservations and pre-orders result in sales.
You might well ask, ‘if there is such a strong demand, why wouldn’t you translate it into funding?’ You're right, and that’s exactly what we plan to do now!

So, we are starting a 50-day Sion reservation campaign for 3,500 Sion – called #saveSion. Early participants will receive a discount of up to 3,000 euro on their vehicle’s final price, and payments must only be made in the event the campaign is successful. On top of that, campaign supporters can receive a fixed vehicle waiting list number.

This would not be the first time that our Community plays an integral role in moving the Sion along on its path to production. But back in late 2019 when we did a crowdfunding campaign, the situation was completely different. The Sion was at a much earlier stage, the Sono Motors brand was significantly less established, and we had not yet built the solar B2B business pillar. That being said, we still collected more than 50 million euro in payment commitments in just 50 days from our Community across the globe. 

Today, 23 companies worldwide are already piloting Sono Motors’ integrated solar technology on a variety of fleet vehicles such as buses, trailers, and electric transporters. And we have made so much other progress since our 2019 campaign: the Sion is in its final production design, vehicles from the series-validation fleet are up and running and undergoing testing, solar-charging can already deliver some of the calculated energy yield, the first bidirectional functions have been tested successfully, our sharing app is live in the app stores, the expected retail price has remained low at 25,000 euro net, and we have achieved an incomparably higher brand awareness. We are confident that we can do it again. 

Because we received hardly any governmental support, we have to focus on our Community and the capital markets for funding. We raised over 330 million euro since 2016, and less than 1% of that came from the state.

To put that in perspective, it took us 5 years from the first concept car to prepare for pre-series – a timeframe similar to what established OEMs need to develop a new car. However, developing a car usually costs up to 1 billion euro. We’ve come close to pre-series with spending less than half of that money.
#saveSion is our non-dilutive solution for funding the majority of the Sion program and the first part of a broader funding strategy for the next 12 months, which includes of course the capital markets. We believe we will be able to continue to acquire more funding and continue to pay the remaining machinery, tooling, and production setup to achieve the planned pre-series production in 2023 and make it to SOP in the first quarter of 2024.

If we cannot complete the campaign, we intend to focus on our attractive solar B2B business, which is significantly less capital intensive. We believe our current and expected liquidity of $55 million and the resources we have on hand would enable us to successfully pivot to ‘solar only’. So this time it’s not about Sono Motors’ future, it’s about the future of the Sion. It’s about proving to the world that change is both needed and wanted. 

#saveSion is about a movement. A strong Community that has a common belief. A belief that even a small group of people can change the status quo and immediately fight the climate crisis and prepare for the energy crises. There are pioneers out there who crave innovation – so let's do it. Let's take matters into our own hands and show politicians, investors, policymakers, and corporations what true action looks like. For a world without burning fossil fuels.

NOTE

Reservations can only be made by persons located in 27 European jurisdictions. We do not accept reservations from persons located in any other country. We also do not accept reservations from U.S. persons. This document is for information purposes only.

FORWARD-LOOKING STATEMENTS
This 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.

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https://sonomotors.com/en/press/press-releases/ceos-and-co-founders-of-sono-motors-make-statement-regarding-the-savesion-campaign/ Sono Motors
2022-12-08T13:30:00+01:00 2023-12-27T03:29:40+01:00 Third Quarter 2022: Increase in Reservations and Multiple International Partnerships Signed
  • Sono Motors’ Revenues Six Times Higher Compared to Q2 2022

  • 21,000 Sion B2C Reservations And 22,000 B2B Pre-Orders, Reflecting In The Aggregate Approx. €1 Billion of Potential Revenues

  • Purchase Order Signed With One of the World’s Largest OEMs

  • US Tour Generates Broad Interest for Company’s Solar Electric Vehicle, Sion

  • Sono Motors Signs Bosch as Service Partner for SEV

  • Sono Motors Secures Additional Financing

  • Sono Motors Starts Special Community Campaign

MUNICH, Germany, 8 December 2022 – The solar-mobility OEM Sono Group N.V. (NASDAQ: SEV) (hereafter referred to as “Sono Motors” or the “Company”) today announced its business and financial results for the third quarter of 2022.

“We continued our strong growth in the third quarter of 2022 with revenues six times higher than in Q2 of this year,” as Laurin Hahn, CEO and co-founder of Sono Motors, commented. “We are excited to have achieved 21,000 Sion B2C reservations and 22,000 B2B pre-orders to date, reflecting potential net sales volumes of up to €1 billion, assuming that all reservations and pre-orders result in actual purchases. Importantly, 40% of our total reservations are private customers with an average down-payment of approximately €2,000, evidencing the enthusiasm and excitement our customers have for the Sion. We believe that these numbers demonstrate the continuously rising demand of a solar electric vehicle for the everyday commuter.”

Company Debuts Multiple World Premieres
Sono Motors displayed its complete range of technology and solutions for its three focus industries - buses, electric transporters and refrigerated vehicles - at IAA Transportation, a leading trade fair for the transportation industry. Sono Motors debuted four B2B customer projects, including CHEREAU, Kögel, Wingliner, and Mitsubishi Europe (MTTE).

The Company presented the Solar Bus Kit, a retrofit solution, optimized for the most common 12-meter public transport bus types on the European market, including the Mercedes-Benz Citaro and MAN Lion's City. Sono Motors’ new product underscores the move from prototype projects to a solution contributing to climate protection and the reduction of inner-city greenhouse gas emissions. Bus fleet operators stand to see a potential payback time of approximately 3-4 years, depending on days in operation and fuel prices. The kit was presented to the public for the first time alongside the world premiere of the Sion production design at the “Celebrate the Sun”-Event in July 2022 in Munich, with more than 1,500 guests on site and several thousand participants via livestream.

Solar Customer Base Continues to Increase on International Level
In the third quarter of 2022, the Company’s proprietary solar technology continued to benefit from significant interest, which led to a further increase in customer arrangements. Compared to the third quarter of 2021, the Company signed an additional four letters of intent and 12 purchase orders. Since the end of the third quarter of 2022, Sono Motors received 2 additional purchase orders, resulting in a total of 23 Sono Solar B2B Customer projects as of today.

In addition to the transportation industry customers mentioned above, one of the world’s top global passenger car OEMs signed a purchase order with Sono Motors during the third quarter of 2022. The scope of the order is for the delivery of solar body panels, so that together with Sono Motors, the OEM is able to explore solar integration into their high-volume vehicle production.

Testing and Validation Continues on the Sion Series-Validation Vehicle Fleet
The Company’s engineers have increased the testing and validation of the Sion series-validation vehicles. This extensive testing includes vehicle dynamics testing, advanced electric testing and crash testing, as well as driving on the German Autobahn. Additional testing is planned over the upcoming winter season, which will include endurance testing.

Third Quarter 2022 Financial Highlights

  • 6x revenue growth in the third quarter of 2022 compared to the second quarter of 2022, resulting in revenue of €138k generated by Sono Solar and Sono Digital.
  • Cash and cash equivalents of €33.4m as of 30 September 2022. Current and expected liquidity equals €55m, including €25m of cash and cash equivalents as of 30 November  2022 as well as access to €30m net from a financing arrangement, which we signed with YA II PN, Ltd. (“Yorkville”) on 7 December 2022 (please refer to Recent Financial Developments section).
  • Net loss totaled €43.5 million and €0.50 loss per share in the third quarter of 2022 (third quarter of 2021: €18.0 million and €0.29).
  • Operational expenses increased mainly due to intensified prototype program and preparation for series-production.

Recent Developments
Sono Solar gained new customers in Scania, a subsidiary of Volkswagen, and LLT, a Swedish public transport authority, in a unique project to test the Solar Bus Kit in real-life conditions in the northern hemisphere. Another debut is the first electric bus, which the Company equipped with its solar technology. As part of the ongoing collaboration with pepper motion GmbH, Sono Motors equipped an electrified Mercedes-Benz Citaro from pepper’s demo fleet with a customized version of the Solar Bus Kit containing 14 semi-flexible solar modules to provide around 1.3 kW peak to the 24-volt system.

Sono Motors and Bosch Automotive Aftermarket Confirm Long-term Partnership

Subsequent to the third quarter of 2022, Sono Motors announced its partnerships with tier one automotive suppliers Bosch and Continental. Bosch Automotive Aftermarket has signed a Europe-wide long-term partnership with Sono Motors, with 50 Bosch Car Services to be initially trained and qualified for maintenance and repair of the Sion during the launch phase, with further European locales to follow during the subsequent rollout. Continental will also be equipping the Sion series-validation vehicles with advanced driver assistance system (ADAS).

Sono Motors Receiving Broad Interest for Its Solar EV in the U.S.
In October 2022, the Company presented a series validation version of the Sion to a U.S. audience for the first time on a tour that spanned the East and West Coast and covered six major cities. The tour was designed to demonstrate solar electric mobility with Sion, the Company’s solar electric vehicle, and gauge interest and enthusiasm for the Company’s potential future expansion into the U.S. market. Sono Motors visited New York, Boston, Detroit, San Francisco, San Jose, and Los Angeles to offer co-rides for hundreds of attendees, including Emmy and Oscar award-winning actress Whoopi Goldberg.

Recent Financial Developments
On 7 December 2022 the Company entered into a securities purchase agreement (“Securities Purchase Agreement”) with Yorkville under which the Company agreed to sell and issue to Yorkville convertible debentures (“Convertible Debentures”) in a gross aggregate principal amount of up to $31.1 million. The Convertible Debentures are convertible into ordinary shares of the Company. The sale of the Convertible Debentures and their conversion are subject to certain conditions and limitations set forth in the Securities Purchase Agreement and the Convertible Debentures.

Also on 7 December 2022, the Company announced it had entered into an at market issuance sales agreement (“ATM Sales Agreement”), with B. Riley Securities, Inc., Berenberg Capital Markets LLC and Cantor Fitzgerald & Co. (“agents”). The ATM Sales Agreement provides Sono Motors with the right to sell ordinary shares to the agents at the sole discretion of Sono Motors, subject to certain limitations and conditions. To register potential future sales under the ATM Sales Agreement, the Company filed a shelf registration statement on Form F-3 registering up to $135.0 million of shares that may be sold under ATM Sales Agreement. The issuance and sale, if any, of these shares is subject to the effectiveness of the registration statement. Sono Group N.V. will terminate the ordinary shares purchase agreement (Committed Equity Facility) with Joh. Berenberg, Gossler & Co. KG, entered into on 13 June 2022, once the ATM Sales Agreement is in place and effective.

As part of its multi-step funding strategy, Sono Motors is launching a down-payment campaign for 3,500 Sion, called #saveSion. The hereby gained capital will be invested in taking the Sion through pre-series. The Company will enable existing and potential new customers in 27 European countries to prove with their down payments that the Sion is the solution for them. The campaign will run for 50 days and is Sono Motors’ non-dilutive solution for funding the majority of the Sion capex program. If it does not go as expected, Sono Motors will focus on its proprietary Solar Technology business. This business pillar is significantly less capital intensive – the Company already has all the resources on hand to roll it out. More details regarding the #saveSion campaign will be released directly after the earnings call.

Outlook
Laurin Hahn, CEO and co-founder of Sono Motors: “We have achieved important operational and commercial milestones throughout the year. These include signing promising partnerships in our solar business and presenting our first Sion Series Validation Vehicles. At the same time, high inflation and rising interest rates as central banks seek to curb inflation have resulted in negative sentiment in the financial markets since our IPO, with many tech companies losing between 50% to 90+% of their respective market cap; shares in mobility tech companies have been particularly hard hit.

As a result, financing our capex program through equity has become challenging and highly dilutive for existing shareholders. Given this market backdrop, we are launching a special marketing campaign whereby we will give our customer community the chance to pre-pay the equivalent of 3,500 Sions. Assuming we achieve this goal, the down payments, together with other potentially available funding sources, would be expected to cover the majority of our investment program towards Sion Pre-Series Vehicles production.

In parallel, we have made minor changes to our investment plans that in turn have resulted in a planned pre-series production in 2023 and planned SOP in the first quarter 2024. We will also continue to carefully monitor all our operating expenses. As we are now close to our previously communicated year end 2022 headcount target and in light of the deteriorated capital markets environment, we implemented a hiring freeze from November 2022 onwards. In the interim, we expect to continue to sign new contracts, purchase orders and letters of intent for our proprietary solar technology, which we expect to result in significant revenue growth in the next few quarters.”

Conference Call Information
Sono Motors will host a webcast at 8.00 am Eastern Time (2.00 pm CEST) today, 8 December 2022 to discuss these results. The live audio webcast and supplementary information will be accessible via Sono Motors’ IR website at https://ir.sonomotors.com/. A recording of the webcast will also be subsequently available.

FORWARD-LOOKING STATEMENTS
This 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.

DISCLAIMER
The issuance and sale, if any, of ordinary shares by the Company under the ATM Sales Agreement is subject to the effectiveness of the Company's registration statement on Form F-3 (file number 333-268709), filed with the Securities and Exchange Commission on December 7, 2022, which includes a prospectus specifically relating to the offer and sale of ordinary shares by the Company under the ATM Sales Agreement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein, nor shall there be any offer, solicitation, or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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https://sonomotors.com/en/press/press-releases/third-quarter-2022-increase-in-reservations-and-multiple-international-partnerships-signed/ Sono Motors
2022-12-08T12:30:00+01:00 2023-12-27T03:29:40+01:00 Sono Group N.V. to Raise $31.1 Million via Convertible Debentures

Convertible Debentures Position Sono Group N.V. to Raise Some of the External Funding Needed Until Start of Production of the Sion, Sono Motors’ Solar Electric Vehicle (SEV).

MUNICH, Germany, 8 December 2022 – Sono Group N.V. (hereafter referred to as “Sono Motors” or the “Company”) (NASDAQ: SEV), the company that aims to revolutionize the future of solar-powered transport, today announced it has entered into a securities purchase agreement (“Securities Purchase Agreement”) with YA II PN, Ltd. (“Yorkville”) under which the Company agreed to sell and issue to Yorkville convertible debentures (“Convertible Debentures”) in a gross aggregate principal amount of up to $31.1 million. The Convertible Debentures are convertible into ordinary shares of the Company. The sale of the Convertible Debentures and their conversion are subject to certain conditions and limitations set forth in the Securities Purchase Agreement and the Convertible Debentures.

A registration statement on Form F-3 relating to the resale by Yorkville of the ordinary shares underlying the Convertible Debentures has been filed with the SEC but has not yet become effective. 

This press release is for informational purposes only and it does not represent an offer to sell or the solicitation of an offer to buy any of the Company’s shares. There will be no sale of shares in any jurisdiction in which one would be unlawful.

FORWARD-LOOKING STATEMENTS
This 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.
 

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https://sonomotors.com/en/press/press-releases/sono-group-n.v-to-raise-31.1-million-via-convertible-debentures/ Sono Motors
2022-11-21T10:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Expands Cooperation With Continental for Development of Solar Electric Vehicle Sion
  • The Sion Series-Validation Vehicles Are Being Equipped With Several Hardware and Software Solutions From Technology Company Continental.

  • Sono Motors to Integrate Continental’s ADAS system in the Sion Series-Validation Vehicles for the First Time.

  • In 2018 the Companies Started Their Cooperation by Working on an Electric Engine for the Sion, Among Other Components.

MUNICH, Germany, 21 November 2022 – Solar Mobility OEM Sono Motors (NASDAQ: SEV) expands its cooperation with the technology company Continental by equipping the Sion series-validation vehicles, the Company’s solar electric vehicle (SEV), with further proven technologies from the automotive supplier. Among other things, the companies will integrate an advanced driver assistance system (ADAS) from Continental in Sono Motors’ series-validation vehicles for the first time, as part of the expanded cooperation.

A future-proof ADAS feature is planned to be standard in every Sion, which is expected to retail for approximately €25,000 net. Prospectively, the ADAS will not only make driving the Sion safer and more comfortable, but will also ensure that the Sion complies with the upcoming stricter European Union road safety regulations (GSR). The cooperation enables Sono Motors to increase efficiency in its development of the Sion, which has the potential to become the world’s first affordable SEV, by using existing modern technologies. Sono Motors currently plans to start production of the Sion in the second half of 2023. 

“We started our partnership with Continental in 2018 by working on parts like the electric engine, the software for the Sion’s vehicle control unit and airbag control unit. Extending our cooperation to other areas, such as ADAS and connectivity, not only helps us to make rapid and decisive progress in development, but also gives us confidence that we will provide technology of proven quality to our customers”, says Laurin Hahn, co-founder and CEO of Sono Motors.

A range of advanced technologies make the Sion safer and smarter
In close collaboration, Continental and Sono Motors have been developing the software for comfort control and climate control, as well as the energy, charge level and thermal management of the powertrain. Under the expanded cooperation, Continental will also provide intelligent connectivity features, like a passive access and smart entry system, which automatically recognizes an authenticated user approaching the car, opens the vehicle doors and starts the low voltage systems, alongside a start/stop button for Sono Motors’ series-validation vehicles. In the area of safety, the two companies are also integrating the Sion’s crash sensor. Engineers from both companies have already started an intense test program with the series-validation vehicles on the Continental proving ground in Frankfurt to further validate and improve the integrated technologies.

A renowned company with proven expertise
The Germany-based company Continental has over 150 years of experience and a proven track record in developing pioneering and quality technologies and services for the mobility industry. Continental generated sales of €33.8 billion in 2021 and currently employs more than 190,000 people in 58 countries and markets. “We are particularly committed to sustainable mobility solutions and are therefore delighted to be actively involved in a climate-friendly and exciting mobility project as a partner of Sono Motors”, says Christoph Falk-Gierlinger, Managing Director of Continental’s development and production service provider, Continental Engineering Services.

The Sion – an electric vehicle powered by the sun
The Sion is a spacious and family-friendly solar electric vehicle. Its outer shell will consist of 456 seamlessly integrated solar half-cells and will enable self-sufficiency on short journeys. The energy generated by the solar cells is expected to extend the estimated 305 km range of the Sion's 54 kWh LFP battery by an average of 112 km/70 mi (up to 245 km/152 mi) per week. Commuters in German metropolitan areas will have to charge their Sion up to four times less than conventional electric cars of the same vehicle class with a similar battery size. The battery will allow for a maximum charging capacity of up to 75 kW (DC) and 11 kW (AC).
 

ABOUT CONTINENTAL
Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2021, Continental generated sales of €33.8 billion and currently employs more than 190,000 people in 58 countries and markets. On October 8, 2021, the company celebrated its 150th anniversary.

ABOUT CONTINENTAL ENGINEERING SERVICES
Continental Engineering Services (CES) was founded in 2006, and as an agile and flexible engineering and production partner develops tailor-made, technologically sophisticated solutions for a wide range of applications, including automotive, railway engineering, aviation, shipping, mining and smart cities. 2,000 employees worldwide contribute their expertise and experience in the key technologies for automated driving, information management & connectivity, electrification and services in the field of multimodal mobility. This makes possible a new level of individual, safe and sustainable mobility.
 

FORWARD-LOOKING STATEMENTS
This 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.

Copyright Infographic: Continental AG

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https://sonomotors.com/en/press/press-releases/sono-motors-expands-cooperation-with-continental-for-development-of-solar-electric-vehicle-sion/ Sono Motors
2022-11-17T14:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors and Pepper Debut Electric Bus With Solar Technology
  • Sono Motors and Pepper Electric Bus With Solar Technology Makes On-Street Debut.

  • The Next Milestone Project for Sono Motors in its Mission of Solar on Every Vehicle as Well as a New Strategic Market Entry for Its B2B Business.

  • 14 Semi-Flexible Solar Modules Provide Around 1.3 KW Peak to the 24-Volt System of an Electrified Mercedes-Benz Citaro.

  • Two-Year Test Phase Across Europe Has Been Kicked Off.

MUNICH, Germany, 17 November 2022 – Sono Motors, the Munich-based solar mobility OEM, and pepper motion GmbH debut the first electric bus with the Company’s solar technology on the streets. pepper is an international OEM for the electrification (repowering) of used and new vehicles. As part of the ongoing collaboration, Sono Motors equipped an electrified Mercedes-Benz Citaro from pepper’s demo fleet with a customized version of the Solar Bus Kit containing 14 semi-flexible solar modules to provide around 1.3 kW peak to the 24-volt system. The energy generated by this installation is expected to be 3.3 kWh/day on yearly average based on weather conditions in Munich.

The partnership with pepper is the next milestone project on the way to Sono Motors’ mission of solar on every vehicle, as well as a new strategic market entry for the Company’s B2B business. During the next two years, pepper clients across Europe will have the opportunity to participate in the test phase. “We believe in a future in which every vehicle is a solar electric vehicle. That's why we’re convinced that our first e-bus with solar technology is a great achievement for the future of public transport. Sono Motors and pepper aim to accelerate the transition towards zero-emission vehicles already today”, states Laurin Hahn, CEO, and co-founder of Sono Motors.

“We at pepper are passionately committed to driving successful mobility transformation in our society, thus Sono Motors is the ideal partner for us as we share the same vision of a world without fossil fuels”, says Andreas Hager, CEO of pepper. 
The project with pepper is the first time Sono Motors has performed electrical integration within an e-bus. The solar charge controller, the MCU, developed in-house by Sono Motors, transfers the solar energy to the 24-volt battery where it is used as the primary source of energy. The e-bus’ DC/DC charger takes over energy supply when the solar energy supply is insufficient. This means the solar energy is not directly used for driving but rather powering the HVAC and other auxiliary systems. This way, the stress on the high voltage battery and DC/DC charger is reduced and could therefore lead to longer operating hours, fewer charging cycles and a reduced total cost of ownership.

ABOUT PEPPER
As the first digital OEM worldwide (without its own warehousing and manufacturing), pepper offers innovative solutions for the electrification (repowering) of used and new commercial vehicles. With its holistic approach to telematics, charging infrastructure, and fleet management, the company designs quickly implementable and cost-efficient solution packages for a sustainable mobility transformation.

By repowering existing commercial vehicles with certified retrofit kits for buses and trucks, vehicles are given an environmentally friendly "second life" and therefore enable the most sustainable form of mobility, both ecologically and economically, making an active contribution to reducing emissions in transport and implementing the Clean Vehicles Directive.

pepper is ISO 9001 certified and as such is the only supplier of conversion solutions to ensure operational safety according to international automotive industry standards such as ISO 26262 for functional safety. A network of international partners guarantees service and availability across Europe.

pepper motion GmbH with headquarters in Denkendorf and offices in Garching near Munich and Paderborn employs more than 100 people. The subsidiary pepper motion Austria GmbH, based in Vienna, is the pepper Group’s software development center. pepper is represented with further sales partners in Italy, France, and Poland.

FORWARD-LOOKING STATEMENTS
This 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.

 

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https://sonomotors.com/en/press/press-releases/sono-motors-and-pepper-debut-electric-bus-with-solar-technology/ Sono Motors
2022-11-10T10:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors and Bosch Automotive Aftermarket Confirm Long-term Europe-wide Partnership
  • The Munich-based Solar Mobility OEM Sono Motors and the Long-Established German Company Bosch Will Collaborate for Servicing and Repairing the Sion Within the Framework of the Bosch Car Service Workshop Concept.  

  • During the Launch Phase in Germany, 50 Bosch Car Services Will Be Trained and Qualified as Authorized Service Centers for the Sion, Sono Motors’ Solar Electric Vehicle. More European Countries Are to Follow in the Course of the Subsequent Rollout.

  • In Addition, Sono Motors Intends to Provide all of the Approx. 22,000 Independent Car Repair Shops in Germany with an Abridged Version of the Sion’s Factory Service Manual. 

MUNICH, 10 November 2022 – Sono Motors (subsidiary to “Sono Group N.V.,” NASDAQ: SEV), the Munich-based solar mobility OEM, and the well-renowned German company Bosch have agreed to cooperate on a joint Europe-wide network of car repair shops. Within the framework of the Bosch Car Service workshop concept, all maintenance and repair services will be offered according to modern standards. Owners of the Sion, Sono Motor’s solar electric vehicle, will be able to use all services offered by participating car repair shops, including repair, servicing, maintenance, and warranty services. In other words, thanks to the Bosch Car Service network integration, Sion owners will be able to more easily find a competent repair shop partner in Europe. The overall 50 qualified Bosch Car Services to be trained in the launch phase will be distributed throughout Germany in such a way that both major cities and rural areas will be covered. Additional qualified service centers will be added in the subsequent rollout to create a comprehensive service network available in many European countries.
 

Highly Qualified Bosch Partner Workshops

The staff at Bosch partner workshops will receive comprehensive prior training from Sono Motors after which they will be authorized to perform repairs on high-voltage, photovoltaic, and safety systems with the assistance of, if necessary, Sono Motors Technical Field Service. All repair, warranty, and proactive services may only be performed by authorized partner workshops, which will be recognizable by a sign saying ‘Sono Motors Service Partner’ outside the car repair shops. To make it even easier to find the right repair shop, Sono Motors plans to provide a workshop finder on its website. 

“We are proud of our strategic partnership with Bosch Car Service, a professional partner for all things automobile, which we believe demonstrates the reputation that we are gaining as an OEM. The Bosch brand represents top quality, and the workshop experts at Bosch Car Service perform their service and repair work according to modern standards. All of this makes Bosch a perfect partner for Sono Motors in order to offer our customers comprehensive, Europe-wide services,” says Laurin Hahn, CEO and co-founder of Sono Motors.   

“In Sono Motors we have found an innovative partner who is exploring the exciting field of solar electric mobility. The innovative technology and skills provided by Sono Motors to the Bosch Car Service network ensures that customers will receive reliable services for their vehicles. This further underlines the Electric Vehicle competence of Bosch Car Service and helps to win and retain also new customer groups.” says Thomas Winter, Vice President Workshop Concepts at Robert Bosch. 

The cooperation between Sono Motors and Bosch includes comprehensive repair, service, and proactive service work. In addition, Sono Motors encourages all Sion owners to perform their own repairs whenever possible. “To us, the Sion is a symbol of independence. Of course you should take your car to a repair shop when there is a problem, but we want our customers to feel confident enough to perform minor repairs, such as replacing a light bulb or a wiper blade, themselves,” says Laurin Hahn. As an accompanying measure, Sono Motors plans to provide tutorials for certain DIY maintenance on its website.


ABOUT BOSCH AUTOMOTIVE AFTERMARKET
The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with modern diagnostic and repair shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment, products developed in-house and specifically manufactured for the aftermarket, as well as services. About 13,000 associates in more than 150 countries, as well as a global logistics network, ensure that spare parts reach customers quickly and on time. AA supplies testing and repair-shop technology, diagnostic software, service training, and information services. In addition, the division is responsible for the “Bosch Service” repair-shop franchise, one of the world’s largest independent chains of repair-shops, with some 15,000 workshops, and more than 1,000 “AutoCrew” partners.


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 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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https://sonomotors.com/en/press/press-releases/sono-motors-and-bosch-automotive-aftermarket-confirm-long-term-europe-wide-partnership/ Sono Motors
2022-10-11T19:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Debuts Affordable Solar Electric Vehicle, ‘Sion’, for First Time in the U.S.; Kicks Off Multi-City Solar Mobility Tour
  • Sion, which Sono Motors believes will be the world’s first affordable solar electric vehicle (SEV) showcased at Times Square in New York, kicking off a three-week cross-country tour including stops in Boston, Detroit, San Francisco Bay Area, and Los Angeles 

  • Sono Motors has received more than 42,000 reservations and pre-orders for Sion to date; Sion is expected to retail in Europe for approximately €25,000 ($25,000) with start of production planned for the second half of 2023 

  • Integrated solar panels can extend Sion’s range and reduce charging frequency

NEW YORK, 11 October 2022 – Sono Motors (NASDAQ: SEV), the Munich, Germany-based company pioneering solar mobility, today kicked off its “Celebrate the Change” U.S. tour in New York City with the debut of its solar electric vehicle (SEV), Sion, at Times Square. Sono Motors believes that the 5-seater passenger vehicle, which is expected to retail in Europe for approximately €25,000 ($25,000), has the potential to become the world’s first affordable SEV. Start of production for the Sion is planned for the second half of 2023.

“With the impacts of climate change already being felt around the world, the need to decarbonize has never been more urgent. A world without fossil fuels demands cleaner transportation and our mission to add solar to every vehicle is the next logical step,” said Laurin Hahn, co-founder and CEO of Sono Motors. “Solar electric vehicles represent a new frontier in zero-emission mobility, enabling convenience, more range on a single charge, and greater independence from charging infrastructure. We are tremendously excited to bring Sion to the United States for the first time and to showcase our vision of the future of solar transportation.”

Sion will embark on a multi-city coast-to-coast tour, including planned stops with public viewing in:

  • New York City (October 11, NASDAQ MarketSite at Times Square; October 12, 1 Noble Street, Brooklyn)
  • Boston (October 14, High Street Place Food Hall)
  • Detroit (October 17, The Eastern)
  • San Francisco (October 24-25, location TBA)
  • San Jose (October 26, by invitation only)
  • Los Angeles (October 27-28, Tuxedo LA)

“The U.S. continues to be an exciting market for us and in addition to our plans to begin delivering Sion to the European market next year, we are actively evaluating American partnership opportunities while expanding our portfolio of integrated solar solutions for fleet operators. Our solar solutions are intended to enable trucks, buses, trailers, and other commercial vehicles to harness the power of the sun to reduce fossil fuel usage and costs without compromising on range — or anything else. Companies across Europe and the United States are already using or piloting our licensable technology on their fleet vehicles and we’re eager to help even more American fleet operators,” Hahn added.

To learn more about Sono Motors’ tour in the United States, please visit sonomotors.com/en/celebrate-the-change

Sono Motors: Harnessing the power of the sun

Since its founding in Munich, Germany in 2016, Sono Motors has become a pioneer in solar-powered transportation. Its development of Sion, which has the potential to become the world’s first affordable SEV, coupled with Sono Motors’ portfolio of integrated solar technologies, empower everyday commuters as well as businesses to harness the power of the sun for mobility. 

The outer shell of the family-friendly Sion consists of 456 seamlessly integrated solar half-cells that extend the time between charges and enable self-sufficiency on short journeys. Its solar technology extends Sion’s estimated 190 mile battery range by an average of 70 miles per week in typical weather conditions and by as much as 150 miles per week in optimal conditions. Sion’s 54 kWh LFP battery will allow for a maximum charging capacity of up to 75 kW (DC) and 11 kW (AC). Bidirectional charging up to 11 kW will turn Sion into a solar “power plant” that can charge devices, other EVs, or put energy back into private or public energy grids.

To date, Sion has received more than 20,000 active private reservations (with an average down payment of about $2,000) as well as more than 22,000 pre-orders from fleet operators, including more than 12,000 from FINN, a subscription car service that operates in Germany and the U.S. With an expected retail price tag of approximately $25,000 — and a reduced need to plug-in to charge — the Sion is expected to have among the lowest total cost of ownership in the medium-size passenger vehicle category. In partnership with Valmet Automotive, Sono Motors plans to start production in Finland in the second half of 2023 and aims to produce approximately 257,000 Sion vehicles within seven years.

Sono Motors recently unveiled its Solar Bus Kit, an efficient solar retrofit solution optimized for 40-foot public buses commonly used in Europe. It is designed to allow electrical subsystems like HVAC, heating, ventilation, automatic doors, and video screens to be partially powered by solar energy, and can save up to 400 gallons of diesel and up to 4.4 short tons of CO2 per bus per year.

More than 20 companies worldwide are already piloting Sono Motors’ integrated solar technology – including a subsidiary of Mitsubishi Europe, MAN Truck & Bus, CHEREAU, Kögel, and the Munich municipal bus system – on a variety of fleet vehicles such as buses, trailers, trucks, and electric transporters. Several of these customer deployments debuted for the first time in September at IAA Transportation 2022, the world’s largest transportation event dedicated to commercial vehicles.

Sono Motors also underscored its partnership with Sibros, a San Jose, California-based pioneer of Deep Over-the-Air (OTA) Connected Vehicle Systems. Sibros works with global automakers to optimize fleet health, reduce software recalls, and create new connected services with full vehicle OTA software updates, data collection, and diagnostics in a single system. Sion’s software updates, data collection, and remote interactions will be handled by the Sibros Deep Connected Platform, giving Sono Motors direct insight into vehicle data and fleet analytics and the ability to reduce maintenance and service costs, while also diagnosing and fixing potential problems before they compromise vehicle capabilities, including malware hacks and other cybersecurity issues.

“We are proud to have been selected by Sono Motors, which we believe to be one of the most innovative global leaders in the solar-powered vehicle market, to provide our connected vehicle technology to the impressive Sion,” said Hemant Sikaria, CEO and co-founder of Sibros. “The popularity and pre-orders of the Sion has emphasized the need for safe, secure and reliable over-the-air software updates and data collection for the entire vehicle fleet. Innovative technologies such as solar-powered vehicles are the future and we’re excited to partner with Sono Motors for the ride.”

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 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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https://sonomotors.com/en/press/press-releases/sono-motors-debuts-affordable-solar-electric-vehicle-sion-for-first-time-in-the-us/ Sono Motors
2022-10-07T16:30:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors on Tour – USA, Here We Come!

Word is finally out. We’re going stateside! On 10 October we will begin our Celebrate the Change tour in the US, stopping in five cities to give thought leaders, fans, media, and investors up close and personal insights into the Sion and our Sono Solar solutions for the transportation sector. We wanted to give you, our Community, the information firsthand, as to why we made this decision and what it will look like.

For this we sat down with CEO Laurin and CFO Torsten to get some insights into the tour and why we decided to go across the pond.

The climate crisis and its effects have never been more apparent than they are now. Without action, we will slip deeper into it and cause even more irreversible and irreparable damage to our planet and the natural world. Burning fossil fuels is no longer an option we can continue with. We need real and attainable solutions that everyone can adopt to contribute to the reduction of greenhouse gasses and the destruction of our planet’s delicate ecosystems.

Whilst striving for our clear purpose to rid the world of fossil fuel usage and to make mobility sustainable and affordable for all we realized that our solar technology was not only beneficial for individual mobility, but also for all types of vehicles. Many people in the world do not own their own vehicles but rely on public transport infrastructure to get to where they need to go. Thus, our mission evolved and became ‘solar on every vehicle’. 

SEV on the NASDAQ Tower in New York’s Times Square.

This mission must be a global effort - we cannot combat climate change in Germany alone. Now that restrictions have eased, international and domestic travel is again possible, we feel that it is the perfect time to personally connect with people contributing to a global climate-friendly future around the world. That’s why we are taking ‘Celebrate the Sun’ to the US of A to ‘Celebrate the Change’. We will take this opportunity to make lasting and foundational relationships with investors, thought leaders, green projects, founders of Greentech companies, media, and interested persons, amongst others. This will enable us to take our mission to the next level, discuss sustainability on a mass scale, and showcase clean, affordable, and accessible solar transportation. 

Our Team, including CEO Laurin, CFO Torsten and COO Thomas, will travel from the east to the west of the United States, beginning in New York City, where we went public last year on the NASDAQ stock exchange. From New York we will proceed to Boston, Detroit, San Francisco and Los Angeles, in which we will engage in panel discussions, one-to-one talks and much more to exchange and discuss ideas and solutions for more sustainable ways of living and display how our technology could truly make a difference.

So much for the background of this tour. We know that you have valid questions about this tour and so will let Torsten and Laurin take the reins and steer you through some of those.

So, why are we going on tour in the US in the first place?

Laurin: Before we go into the why, I want to give some background to set the scene, so to speak. Last year we realized that in order to achieve our mission of ‘solar on every vehicle’, we needed access to the capital markets. We went over a lot of different scenarios before we decided on going public on the NASDAQ stock market in New York in November 2021. Going public enabled us to access the necessary capital we needed for the 3rd generation prototype and continue to need to further our vision and mission and to truly become a pioneer and leader in sustainable mobility. During this process we promised our US investors that we would bring the Sion to the US in 2022.

We recognized that this was also the perfect opportunity to showcase further how our pioneering technology could truly make a difference, especially in a country as large and naturally diverse as the US.

‘Ringing the bell’ when Sono Motors went public on NASDAQ in 2021

But why show the series-production car in the US before Germany? We are a German company after all. Will we tour here, in Europe?

Laurin: At the end of July 2022, we showed the Sion in its series-production design to our Community and the world for the first time in Munich during the Celebrate the Sun event. We made this decision to now head to the US after much discussion. Global warming cannot be repaired in Munich or Germany alone. We need to go international.

As I said, when we went public on NASDAQ last year, we told our US investors that we would bring the Sion to them, as well as have the opportunity to connect with further potential investors to cover some of our funding needs until we get to SOP. We will of course do a European Tour, which we have planned for 2023.

The series-validation Sion presented in Munich at Celebrate the Sun in July 2022.

What actually is this roadshow about?

Torsten: Put simply a roadshow is a ‘tour’ in which a series of meetings and events is held across a range of cities and locations in which a company’s top executives talk with current or potential investors and other interested parties. They are very common when a company is to conduct an IPO, which we have already executed but, due to COVID and the feeling we would want to make this as sustainable as possible we had to forgo this last year.

Our roadshow will be a mix of the traditional sense, for investors to meet us and get to know the company on a personal basis. But also, to use the time we are there efficiently and effectively, we will be holding sustainability talks and round table discussions to shine a light on our vision of a world without fossil fuels.

Shouldn’t we be using the costs this will incur for developing the Sion?

Torsten: Such tours are a common practice and necessary for companies to continue to develop and ensure new awareness of Sono Motors, our vision, and our mission. We therefore believe that it is well invested time and money. 

Thank you, Torsten and Laurin!

We would love to take you all with us, but unfortunately that is not possible. However, it wouldn’t be a tour without our community! You’re in town and want to experience the Sion up close? No problem, we have dates available for you in every city.

Dates in New York from 10 to 12 October

Dates in Boston 14 October

Dates in Detroit 17 October

We will also share our experiences and impressions with you online. You’ll get regular updates via our newsletter and blog, and for those who want to follow us as closely as possible, there will be plenty to see on Instagram and Twitter.

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https://sonomotors.com/en/blog/usa-here-we-come/ Lucy
2022-10-06T17:09:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Gains Scania and LLT as New Customers
  • Sono Motors Gains Scania and LLT as New Customers, Putting Buses With Solar Technology on the Road in Luleå, Sweden.

  • Several Scania Diesel Buses Operated by the LLT Public Transport Authority Have Been Equipped With Sono Motors’ Innovative Solar Technology and Are Already up and Running.

  • A Customized Version of the Solar Bus Kit, Developed by Sono Motors, Is Now Being Tested in Northern Climates in Real-Life Conditions.

  • According to LLT and Scania, Solar Technology Could Be an Option for Future Electric Buses.

MUNICH, Germany, 6 October 2022 – The Munich-based solar mobility OEM Sono Motors (NASDAQ: SEV) gains new customers in Scania, a subsidiary of Volkswagen, and LLT, a Swedish public transport authority, in a unique project to test the Solar Bus Kit in real-life conditions in the northern hemisphere. The objective of the project is to optimize the efficiency of the solar technology for buses in northern climates. LLT is the first transport authority in Scandinavia to equip buses with a customized version of the Solar Bus Kit with 1 kW peak installation, and have equipped six Scania model Citywide K320 diesel buses. These solar-equipped buses are used for public transport in Luleå, Sweden and are intended to help reduce transport emissions. For each year of operation, the solar technology developed by Sono Motors has the potential to save approx. 2.9 tonnes of CO2 and up to 1,100 liters of diesel per bus. According to LLT and Scania, solar technology could be an option in the future to increase the range of electric buses.

Scania, a subsidiary of the Volkswagen group, is a world-leading provider of transport solutions, including trucks and buses for heavy transport applications. In 2021, the Swedish company sold and delivered over 85,000 trucks and more than 4,400 buses. The Citywide K320 is another bus model for which Sono Motors has optimized its Solar Bus Kit, following the optimizations for the MAN Lion’s City and the Mercedes-Benz Citaro. 

“Sustainable public transport is one of the most important pillars of the revolution of mobility. Our Solar Bus Kit was developed as a scalable retrofit product intended to help public transport authorities to start saving diesel and reduce emissions today. We are happy to have found two partners in Scania and LLT who share our values, and it is gratifying to see the fruit of our efforts now on the roads of Sweden,” says Laurin Hahn, CEO and co-founder of Sono Motors.

“The Solar Bus Kit has the potential to reduce both the amount of fossil energy sources used and CO2 emissions. For Scania, it is great to be able to test the solar technology for buses in real-life conditions with a client that we know shares similar goals, and with whom we also have a long and established relationship,” says Rutger Hörndahl, Senior Technical Advisor Scania Buses and Coaches.

“LLT’s goal is to provide public transportation that has the least amount of impact on the environment. This project is a part of our work to evaluate new technologies and decrease our carbon footprint. By 2030 half of our buses will be fully electric. Solar-equipped diesel buses will help us learn the pros and cons of this technology. Solar is one of the future’s large-scale energy sources and it’s good for us at LLT, the climate, and the city of Luleå to gain more knowledge and insight on how solar technology can be implemented as a future mobility solution,” says Jonas Vinblad von Walter, CEO of LLT.

ABOUT LLT
LLT plans and executes public transport for buses in Luleå city. The company dates back to 1923 and for the last 15 years has been in the top three in terms of satisfied customers in Sweden. LLT's vision is that public transport in Luleå should be competitive, sustainable, modern and the preferred choice for the city's residents and visitors.

The city of Luleå has just over 48,000 inhabitants and over the course of a year this generates 3.4 million customer journeys with LLT. During a winter's day, with temperatures down to -30 degrees Celsius, around 25,000 customers travel with LLT.

FORWARD-LOOKING STATEMENTS

This 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.

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https://sonomotors.com/en/press/press-releases/sono-motors-acquires-scania-and-llt-as-customers/ Sono Motors
2022-10-05T14:25:00+02:00 2023-12-27T03:29:40+01:00 7 Impressions from IAA Transportation

There’s a first time for everything – also for participating at IAA Transportation in Hanover. At the world's most important exhibition for commercial vehicles, we presented various solar solutions that further advance our mission of ‘solar on every vehicle.’

Alongside the debut of the new Solar Bus Kit, we exhibited four semi-trailers already equipped with our solar technology in collaboration with our partners CHEREAU, Kögel, Mitsubishi and Winglinger.

We and our partners vividly demonstrated at IAA Transportation the ways in which solar technology can revolutionize the transportation of tomorrow. We can save fuel, reduce costs and, above all, cut CO2 emissions. 

Naturally, we wanted to pass on some impressions to you, so we've put together a small selection.

sono, iaa, stand, booth, exhibition, solar

We were able to achieve about 90 % of our goal of building a trade show booth that generates no waste. This means we can reuse almost everything we set up at the show for our own showroom, office or elsewhere.

sono, solar, solar bus kit, sono motors, iaa transportation, iaa, trade fair, mobility

Product Manager Amy presented the 'Solar Bus Kit' to trade show visitors. You can find more info here.

sono, solar bus kit, trailer innovation, award,

We were awarded the Trailer Innovation Award! Sono Motors took second place in the "Environment" category.

All Solar Trailers at a Glance

Together with our partners CHEREAU, Kögel, Mitsubishi and Wingliner, we have presented four semi-trailers with integrated solar solutions. We have summarized the most important details for you here.

chereau solar trailer, solar trailer, sono

KÖGEL (40 tonne semi trailer, with cooling)

  • Total installation power: 4.68 kilowatt peak
  • Number of modules: 26
  • Solar area: ~ 26 m² solar area (roof area only)
  • Cooling unit: Vector HE 19 (carrier) - all-electric cooling unit
  • Energy yield: 11.8 kWh/day annual average in Munich

CHEREAU (40 tonne semi trailer, with cooling)

  • Total installation power: 9.8 kilowatt peak
  • Number of modules: 54
  • Solar area: ~ 58.9 m² solar area (roof and side surfaces)
  • Cooling unit: Electric cooling unit (Daikin)
  • Energy yield: 21.2 kWh/day annual average in Munich
mitsubishi solar trailer, solar trailer, sono, sono, iaa, trade fair

Mitsubishi Europe (40 tonne semi trailer, Lamberet, with cooling)

  • Total installation power: 4.68 kilowatt peak
  • Number of modules: 26
  • Solar area: ~ 26 m² solar area (roof area only)
  • Cooling unit: MITSUBISHI TFV 150
  • Energy yield: 11.8 kWh/day annual average in Munich
wingliner, solar trailer, sono solar, solar integration, sono motors, iaa,

Wingliner (Semi-trailer, exhibit)

  • Total installation power: 3.43 kilowatt peak
  • Number of modules: 16
  • Solar area: ~ 19 sqm solar area (roof area only)
  • Energy yield: 8.6 kWh/day annual average in Munich
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https://sonomotors.com/en/blog/7-impressions-from-iaa-transportation/ Julius
2022-09-27T12:02:00+02:00 2023-12-27T03:29:40+01:00 What changed from SVC2 to our latest validation vehicle?

On 25 July, we finally presented our series-validation vehicle - the Sion in its production design - to the world at our Celebrate the Sun event. We were delighted to be able to show it to our supporters both in-person and online. For those who weren’t there or just want to know more about the differences between our previous prototype, the SVC2 and our series-validation vehicle, look no further.

Here are a few insights into the most important differences - read and enjoy.
SVC2 vs. SVV

To start, here are the two vehicles, the SVC2 and the SVV (series-validation vehicle), side by side to give you a visual representation of their differences. Note that we plan that our series-production Sion exterior design will remain the same as that of the SVV.

You can perhaps tell that the vehicle has actually increased slightly in length, by 160mm for our SVV. This is for crash and safety purposes as well as vehicle dynamics. These measurements are final and will also apply to the future vehicle generations. It has also decreased in weight — going from 1,830 kg to 1,750 kg. 

Another exciting visual element to be seen in these pictures is the major design updates to the front, which, as previously stated, will be similar for our series vehicles. The vehicles have a new, highly optimized lighting design in both the front and the rear, and the charging lid has been adapted for the same purpose. A cool new feature is the reversing camera that has been installed on the rear of the car for increased driving comfort.

sion, trunk, rear, sono motors, sev, solar car

The solar body panels have also been updated with the latest generation which have been further optimized from the previous generation and prototype. The final series vehicle will, of course, be fitted with the final solar body panel design that the team are currently working tirelessly on.

sion, side, solar integration, solar, solar car

The interior has also received some enhancements - including a more spacious, cleaner interior with increased storage, newly designed front seats and rear seat, and a new steering wheel.

sion, interior, cockpit, infotainment

We’ve also installed the new 54 kWh battery that we presented last year. This LFP (lithium iron phosphate) battery is made up of blade cell technology and is more resource friendly and durable. It contains no cobalt, nickel or manganese and is effectively non-flammable. These types of batteries display only low power losses, even after intensive use. It will also extend the Sion’s range to up to 305 km (estimated WLTP) with a charging rate of up to 75 kW (DC fast charging).

On 25 July we presented the new design to our community and the world.

Find out more about the series-validation vehicle from our Q&A session recordings that were presented live at our Celebrate the Sun event where the vehicle was unveiled for the very first time. If you're curious as to how such a validation vehicle is built, we highly recommend this blog and our video series on YouTube

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https://sonomotors.com/en/blog/whats-changed-from-the-svc2-to-our-latest-validation-vehicle/ Lucy
2022-09-19T14:20:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Debuts at IAA Transportation With Four Solar Trailer Premieres
  • In Hall 26, Booth C02, Visitors Can Experience Sono Motors’ Complete Range of Solar Technology for Its Three Key Industries - Buses, Electric Transporters as Well as Refrigerated Vehicles

  • Sono Motors Debuts at IAA Transportation With Four Solar Trailer Premieres In Collaboration With CHEREAU, KÖGEL, MTTE (Mitsubishi subsidiary) And Wingliner

  • The Scalable Retrofit Solution “Solar Bus Kit” Is Shown to the Industry for the First Time in Hanover

MUNICH, Germany, 19 September 2022 – Sono Motors, the Munich-based solar mobility OEM, will attend IAA Transportation, the world's most important platform for the future of the commercial vehicle industry, for the first time.

In hall 26, booth C02, Sono Motors will display its complete range of technology and solutions for its three key industries - buses, electric transporters and refrigerated vehicles. The company's innovative solar technology has been engineered to enable seamless integration into a variety of vehicle architectures and even curved surfaces like a bus roof shoulder for example. For cargo box type vehicles Sono Motors is developing flexible and light-weight sandwich panel body parts that ensure seamless integration and optimal heat-distribution. For the first time at a public event, Sono Motors also presents the in-house developed solar charge controller, the MCU (MPPT Central Unit). The MCU has an intelligent algorithm that optimizes the PV modules’ energy yields.

The refrigerated trailers from CHEREAU, KÖGEL and MTTE feature customized vehicle-applied solar solutions that help to partially cover the trailers' energy and refrigeration needs with renewable energy. Full solar integration on the roof and sides of a 40t semi-truck trailer is expected to cover up to 50% of the cooling units’ yearly average energy needs. A fourth solar trailer with foldable hydraulic side walls for the Austrian trailer manufacturer Wingliner was built specifically for IAA and will later be transformed into a functional vehicle.

Solar Bus Kit: The Retrofit Solution For Bus Fleets

The Solar Bus Kit is a complete and efficient retrofit solution, optimized for the most common 12-meter public transport bus types on the European market, including the Mercedes-Benz Citaro and MAN Lion's City. Sono Motors’ new product underscores the move from prototype projects to a scalable solution contributing to climate protection and the reduction of inner-city greenhouse gas emissions. 

The Kit allows subsystems, such as heating, ventilation, and air conditioning (HVAC), to be partially powered by renewable energy, thereby saving fuel, CO2, and costs. It can save up to 1,500 liters of diesel and up to 4 tonnes of CO2 per bus per year from the approximately 1.4 kW peak installation with about 8 sqm of solar panels. Bus fleet operators stand to see a potential payback time of approximately 3-4 years, depending on days in operation and fuel prices. 

"Decision-makers in municipalities and transport companies are under huge pressure to make their fleets emission-free. In addition, they are facing steeply rising energy prices. Therefore, the Solar Bus Kit is the ideal solution to accelerate the transition towards zero-emission vehicles already today," concludes Lars Löhle, Head of Product Sono Solar.

From 20 to 23 September, the Sono Solar team will also present the Solar Bus Kit and its bus solutions at Innotrans in Berlin, the leading international trade fair for transport technology. 

The solar trailer premieres in detail

1. CHEREAU (40t semi-truck trailer, refrigerated)

  • total power installed: 9.8 kilowatt peak 
  • no. modules: 54 
  • solar area: ~ 58.9 m² solar area (roof plus sides) 
  • type of cooling unit: Daikin electric cooling unit
  • energy earnings: 21.2 kWh/day yearly average in Munich
  • location: Daikin booth, hall 27, C17

2. Kögel (40t semi-truck trailer, refrigerated)

  • total power installed: 4.68 kilowatt peak
  • no. modules: 26
  • solar area: ~26 m² solar area (roof only)
  • type of cooling unit: Vector HE 19 (Carrier) - all electric cooling unit
  • energy earnings: 11.8 kWh/day yearly average in Munich
  • location: open air space, S17

3. Mitsubishi Heavy Industries Thermal Transport Europe GmbH (40t semi-truck trailer, refrigerated)

  • total power installed: 4.68 kilowatt peak
  • no. modules: 26
  • solar area: ~26 m² solar area (roof only)
  • type of cooling unit: MITSUBISHI TFV150
  • energy earnings: 11.8 kWh/day yearly average in Munich
  • location: open air space, T25

4. Wingliner (show trailer)

  • total power installed: 3.43kWp 
  • no. modules: 16
  • solar area: ~25 m² solar area (roof only)
  • energy earnings: 8.6 kWh/day yearly average in Munich
  • location: open air space, R57

FORWARD-LOOKING STATEMENTS
This 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.

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https://sonomotors.com/en/press/press-releases/sono-motors-debuts-at-iaa-transportation-with-four-solar-trailer-premieres/ Sono Motors
2022-09-08T14:21:00+02:00 2023-12-27T03:29:40+01:00 Second Quarter 2022: Increasing Orders for ‘Sion’ Solar-Electric Passenger Car and More B2B Solar-Retrofit Projects
  • Sono Motors’ Revenues in the Second Quarter 2022 Exceed First Quarter 2022 Revenues.

  • Revenue Development Bolstered by a Total of 21 Sono Solar B2B Customer Projects as of Today.

  • Debut of ‘Sion’ in Its Production Design and Introduction of ‘Solar Bus Kit’, a Scalable B2B Solution to Enable Sustainable Mobility for Commercial Transport.

  • First Series-Validation Vehicles Fully Assembled and in Testing.

  • As of 1 September 2022, Over 20,000 Reservations (B2C) for the Sion With Average Down Payment of About €2,000 Net and Equivalent Net Sales Volume of About €435 Million.

  • As One of Sono Motors’ First B2B Customers, FINN Intends to Purchase 12,600 Sion to Create a Sustainable Fleet.

MUNICH, Germany, 8 September 2022 – The solar-mobility OEM Sono Group N.V. (NASDAQ: SEV) (hereafter referred to as “Sono Motors” or the “Company”) today announced its financial results for the second quarter of 2022.

Second Quarter 2022 Highlights

  • 3 additional solar partner contracts added in the second quarter of 2022.
  • Revenues in the first half of 2022 were 2.6 times higher than revenues for the full fiscal year 2021.
  • Revenues for the second quarter of 2022 from the integration of the Company’s solar technology and Sono Digital were higher than for the first quarter of 2022.
  • Cash and cash equivalents of €89.8 million as of 30 June 2022.
  • Operational expenses increased mainly due to intensified prototype program and general company growth.

Business-to-Business (B2B) Solar Solutions: Scalable Product Delivered and Increasing Customer Base

Sono Motors is on track with both business pillars. On the one hand the delivery of solar solutions to its growing business-to-business customer base and on the other the premiere and commencement of testing of the ‘Sion’ solar-electric passenger car in its production design. As of today, the Munich-based solar-mobility OEM is partnering with 21 companies worldwide and has unveiled the all new ‘Solar Bus Kit’ to customers. This retrofit solution underscores the Company’s move from prototype projects to a scalable solution contributing to climate protection and the reduction of inner-city greenhouse gas emissions. Sono Motors plans to cooperate with “ÖPNV-Service Hagen” on the Kit’s installation, after-sales, and logistics services in order to increase assembly capacity in Europe and provide fast and professional retrofits, as well as maintenance for Sono Motors’ customers. 21 partnerships in total translate into an increase of 14 partner arrangements until today, compared to 7 partners as of 30 June 2021.

The Sion: Increasing Demand and on Track With the Development Program

On the Sion business pillar, Sono Motors sees an increasing demand for the Sion from both private reservations and fleet operators. On 1 September 2022, the Company announced the achievement of reaching 20,000 private reservations (B2C) of its Sion, with an average down-payment of about €2,000 net and equivalent net sales volume of about €435 million, assuming that all reservations result in sales. 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, since the proprietary solar technology considerably reduces the necessity to charge the vehicle. Sono Motors is also to partner with FINN, a Munich-based car subscription platform operating in the U.S. and Germany. As one of Sono Motors’ first B2B customers, FINN intends to purchase 12,600 Sion to create a sustainable fleet and drive forward the company’s environmental goals.

In addition to its collaborations, at the end of July 2022, Sono Motors successfully celebrated the debut of the Sion in its production design with over 1,500 community members and media guests on-site. The event followed the completion of the first series-validation vehicles which marked a milestone towards the start of production planned for the second half of 2023. On-street testing with the series-validation prototypes has already started and the focus currently lies on homologation, crash tests, testing in different climates, optimizing solar technology and safeguarding, as well as refining driving dynamics.

“Right Business Model for Putting Cleaner Solar-Powered Transport on the Streets”

“We are excited to see good headway on our growth path with high demand for the Sion and for our B2B solar offerings. This is a great step towards our vision of a world that no longer relies on fossil fuels, as customers are already reducing CO2 output with our Solar Bus Kit. This demand demonstrates that we have the right strategy and business model for putting cleaner solar-powered transport on the streets and making every vehicle solar. We are excited to continue on our journey to provide clean, affordable, and accessible solar transportation to the masses. We are on-track towards delivering our promise and on our growth strategy,” states Laurin Hahn, CEO and co-founder of Sono Motors.

Financial Highlights

  • On 11 May 2022 the Company closed its underwritten follow-on offering of 10,930,000 ordinary shares, resulting in approximately $41.5 million in net proceeds.
  • On 13 June 2022 the Company announced it had entered into a committed equity facility with Berenberg. The committed equity facility provides Sono Motors with the right, without obligation, to sell and issue up to $150 million of its ordinary shares over a period of 24 months to Berenberg at the sole discretion of Sono Motors, subject to certain limitations and conditions.
  • Cash and cash equivalents of €89.8 million as of 30 June 2022, down from €132.9 million as of 31 December 2021.
  • Operational expenses increased mainly due to intensified prototype program and general company growth.
  • Loss from operations totaled €35.2 million in the second quarter of 2022 and €61.0 in the first half of 2022 (second quarter of 2021: €15.2 million; first half of 2021: €24.4 million).
  • Net loss totaled €35.2 million and €0.45 loss per share in the second quarter of 2022 and €61.0 million and €0.81 loss per share in the first half of 2022 (second quarter of 2021: €15.2 million and €0.47; first half of 2021: €24.5 million and €0.76).

Further Outlook for 2022

As key milestones in 2022, Sono Motors will debut four B2B-customer projects, including CHEREAU, Kögel, Wingliner, and Mitsubishi Heavy Industries Thermal Transport Europe (MTTE) at the end of September at IAA Transportation, the leading trade fair for the transportation industry. On top the Company plans to present the Sion for the first time ever to an U.S. audience in the fourth quarter 2022. In terms of financial guidance for 2022, Sono Motors expects to generate further revenues with solar customers, the vast majority of which are expected for the fourth quarter of 2022.

Conference Call Information

Sono Motors will host a webcast for analysts on this occasion at 8:00 a.m. Eastern Time (2:00 p.m. CEST) today, 8 September 2022. The live audio webcast and supplementary information will be accessible via Sono Motors’ IR website at https://ir.sonomotors.com/. A recording of the webcast will also be subsequently available.

FORWARD-LOOKING STATEMENTS
This 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.
 

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https://sonomotors.com/en/press/press-releases/second-quarter-2022-increasing-orders-for-sion-solar-electric-passenger-car-and-more-b2b-solar-retrofit-projects/ Sono Motors
2022-09-08T12:41:00+02:00 2023-12-27T03:29:40+01:00 Sono goes to IAA Transportation. But why?

We are a sustainable technology pioneer, and delivering real solutions for a greener future of transportation is a cause that is very dear to our heart. That’s why we don’t want to fall into the traps of greenwashing and ask ourselves with every business decision “how do we stay Sono?”

For those of you who’ve followed us for a long time, it might come as a surprise now that we’re going to be an exhibitor at IAA Transportation this year in Hanover for the very first time. And you're right, this decision hasn’t exactly been a walk in the park.

While we do see a lot of positive change around us and a big part of the transportation industry wanting to make a shift towards a greener future – we also see a lot of hurdles in the way, and the progress made is simply not fast enough. Just one example: over 70% of all newly registered buses in the EU still run on diesel.

The Solar Bus Kit will be shown to the industry for the first time.

For us at Sono we had a history with our “no trade show”- philosophy, simply because we believe that in this day and age you can market your products online, via direct personal contacts, building a strong brand and don’t need to spend a lot of money, resources and emissions on going to international fairs.

But we are also known for change and as a growing organization with different business pillars, we challenge our own views constantly and we realized it’s the right time and place for our B2B business to meet the industry at its central event and see what it does for us.

In collaboration with our partners, we will reveal four trailer prototypes like this refrigerated trailer from CHEREAU.

With an open mind and a lot of great solutions in the backpack. Meeting the whole industry in one place is actually quite an efficient and sustainable way to get in touch. A bonus for us. Here are some of the things that are important to us, and mark the baseline of ‘how we want to do it’:

  • zero waste fair booth: we set ourselves the very ambitious goal of a zero waste fair booth and we reached that goal to about 90 %. This means that most of what we build will be reused for our own showroom, our office or elsewhere,
  • communications policy: when we communicate CO2 numbers, we also publish the CO2 emissions it takes to produce our technology. The so-called ‘CO2 backpack’, 
  • transparency: we not only show our latest technology pieces, but also openly communicate our project updates,
  • bringing our Sono values to a classic trade fair: vegan food and drinks, no flight policy, paperless (no flyers, business cards etc.), 
  • shared Airbnbs, no overpriced hotel rooms, 
  • only Sono employees on stand, no hosting staff, everyone takes responsibility, (yes, also when it comes to cleaning dishes)

Come and visit us in hall 26, C02 in Hanover and experience our incredible tech, people and the Sono way of doing a trade show! 

sono, solar, solar bus kit, sono motors, iaa transportation, iaa, trade fair, mobility

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https://sonomotors.com/en/blog/sono-goes-to-iaa-transportation-but-why/ Julia
2022-09-07T13:00:00+02:00 2023-12-27T03:29:40+01:00 FINN Intends to Purchase 12,600 Sion from Sono Motors to Be Used in a Sustainable Fleet
  • FINN and Sono Motors Signed a Letter of Intent Concerning the Reservation and Purchase of 12,600 Sion

  • Deliveries to FINN are Expected to Begin in 2024

MUNICH, Germany, 7 September 2022 – 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 FINN
FINN 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.

FORWARD-LOOKING STATEMENTS
This 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.

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https://sonomotors.com/en/press/press-releases/finn-intends-to-purchase-12-600-sion/ Sono Motors
2022-09-06T10:15:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors to Partner With ÖPNV-Service for Solar Retrofit Implementation
  • Sono Motors Signs Letter of Intent (LoI) With ÖPNV-Service Hagen

  • The LoI is Expected to Lead to a Strategic Partnership With ÖPNV-Service for the Implementation of Sono Motors’ Solar Retrofit Solution for Buses, the Solar Bus Kit

  • The New Partner is Expected to Provide Installation, Servicing and Logistics Services

  • Sono Motors’ Solar Bus Kit Can Reduce Fuel Consumption and Inner-City Greenhouse Gas Emissions by Supplying Buses with Solar Power

MUNICH, 6 September 2022 – The solar mobility OEM Sono Motors (subsidiary to “Sono Group N.V.”, NASDAQ: SEV) announced the signing of a letter of intent (LoI) with ÖPNV-Service Hagen. The parties aim to conclude a contract concerning a partnership for Sono Motors’ solar retrofit solution, the Solar Bus Kit. As part of the partnership, the companies are expected to cooperate on the Kit’s installation, after-sales and logistics services to increase assembly capacity in Europe and provide fast and professional retrofits, as well as maintenance. ÖPNV-Service has over 15 years of experience as a service provider in the public transportation sector and performs 4,000 modernizations of commercial vehicles annually.

“While the transition of public transportation towards a zero-emission future will still take a few years, the Solar Bus Kit is a solution that enables an immediate response to new emission regulations, like the Euro 7 standard, and increasing energy prices. To meet the needs of the industry and help our bus operators to cut costs and emissions throughout their fleets, we were looking for a partner who can support us with implementing our Solar Bus Kit”, says Laurin Hahn, CEO & co-founder of Sono Motors.

The Solar Bus Kit is a versatile and straightforward solution, optimized for the most common 12-meter public transport bus types on the European market, including Mercedes-Benz Citaro and MAN Lion's City. It allows subsystems, such as heating, ventilation, and air conditioning (HVAC), to be partially powered by renewable energy, thereby saving fuel, CO2, and costs. The Kit can save up to 1,500 liters of diesel and up to 4 tonnes of CO2 per bus per year from the approximately 1.4 kW peak installation with      about 8 sqm of solar panels. Bus fleet operators stand to see a potential payback time of approximately 3-4 years, depending on days in operation and fuel prices. 

Lars Löhle, Head of Product Sono Solar, says: “We intend to enter into a cooperation with ÖPNV-Service to provide fast installation and maintenance for our national and international customers while meeting our quality standards.”

ÖPNV-Service’s field of expertise lies in the areas of cabling, repair, maintenance, and services for public transportation. The company retrofits several thousand means of transport per year and is listed as an official supplier for various fleet operators, like Deutsche Bahn, which operates over 17,000 buses. 

The partners signed an LoI to express their mutual interest in this cooperation. The current negotiations aim to conclude a contract and start operations in the fourth quarter of 2022. With respect to long-term cooperation, the parties are looking into expanding their partnership to sales and distribution of the Kit. Sono Motors will announce more information on the Solar Bus Kit during IAA Transportation from 19 - 25 September, 1 Hall 26 Booth C02 and at InnoTrans from 20 - 23 September, Mobility+ exhibition area, Hall 7.1c, Booth 210.

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 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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https://sonomotors.com/en/press/press-releases/sono-motors-to-partner-with-opnv-service-for-solar-retrofit-implementation/ Sono Motors
2022-09-01T09:34:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Reaches 20,000 Reservations for Its ‘Sion’ Solar-Electric Passenger Car
  • As of 1 September 2022, Munich-Based Solar Mobility OEM Sono Motors Reported More Than 20,000 Direct Consumer Reservations, With an Average Down Payment of about €2,000

  • 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

MUNICH, Germany, 1 September 2022 – 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.

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 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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https://sonomotors.com/en/press/press-releases/sono-motors-reaches-20-000-reservations-for-its-sion-solar-electric-passenger-car/ Sono Motors
2022-08-18T15:00:00+02:00 2023-12-27T03:29:40+01:00 IAA Transportation – Sono Motors to Premiere Several Commercial Vehicles With Solar Solutions
  • Sono Motors to Debut Multiple Commercial Vehicles With Solar Solutions and the All New Solar Bus Kit at IAA Transportation in Hanover, 19 - 25 September, Hall 26 Booth C02 

  • In Cooperation With Their Partners, Sono Motors Will Present Their State-Of-The-Art Solar Solutions for Refrigerated Trailers, E-Buses and E-Transporters for the First Time

  • The Partner Projects Include, the CHEREAU Refrigerated Trailer and Three More Premieres of Vehicles and Corporations in the Trailer and Refrigerated Vehicle Industries

Munich, 18 August 2022 – Sono Motors, the company pioneering solar-powered mobility, will participate for the first time as an exhibitor at IAA Transportation 2022 in Hanover. From 19 - 25 September (exclusive press day on 19 September), the Munich-based solar mobility OEM will present its proprietary solar technology as well as several solar integrated prototypes of commercial vehicles to a broad public.

At booth number C02 in Hall 26, the experts from Sono Motors will be demonstrating the Solar Bus Kit, a technology solution that can be used for retrofitting diesel buses. The Solar Bus Kit enables CO2 emissions and fuel savings and was previewed at Sono Motors' Celebrate the Sun event on 25 July. In Hall 27 and on the adjacent open-air site, Sono Motors, CHEREAU, and three new partners will be demonstrating different trailer prototypes with solar integration.

"Energy prices are rising and new emission regulations have to be met. The Euro 7 standard, for example, will be introduced in the next few years. Bus and truck fleet operators will also have to respond to this. Our solar solutions can save fuel and costs in addition to CO2 emissions, and increase range and autarky," says Laurin Hahn, CEO and Co-Founder of Sono Motors.

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 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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https://sonomotors.com/en/press/press-releases/sono-motors-to-premiere-several-commercial-vehicles-with-solar-solutions/ Sono Motors
2022-08-18T12:19:00+02:00 2023-12-27T03:29:40+01:00 “Save Money and Reduce Emissions” – An Update on Sono Solar

Sono Solar has emerged as a major pillar of Sono Motors over the last 18 months. At the Consumer Electronics Show in January 2021, we announced for the first time that we would license our solar technology to other companies. This initiative is our way of making an important contribution to transforming the global transport sector and making vehicles more efficient and sustainable. So, what is our mission? Solar on every vehicle! 

A lot of things have happened since then. The number of companies collaborating with us is growing, various prototypes have already been installed, and we were able to present our first product release to you at the Celebrate the Sun event and the public: the Solar Bus Kit. So, it's high time to get a quick update on things. That's why we caught up with Lars, Head of Product at Sono Solar.

Hi Lars! Could you please start by telling our readers a little bit about yourself? Who are you and what do you do at Sono? 

Hi! My name is Lars, and I am responsible for the expansion of solar integration as a B2B business. I also take care of the general strategic development of Sono Solar – the Sono Motors’ solar division. I studied economics and innovation management at college. Even before joining Sono, I worked in the automotive industry. Anything to do with innovation and market development has always fascinated and inspired me, which is one of the reasons why I find Sono so exciting.

Lars Löhle, Head of Product at Sono Solar

You have been with Sono since 2018. How has the solar business changed during this time? What’s been your personal highlight and your professional highlight so far? 

When I started at Sono in 2018, there were far fewer employees, around 50 at that time. We were all focussed on one major common goal: getting the Sion on the streets. In 2020, we realized that this wasn't enough to achieve our vision of a world without fossil fuels. We have also recognized the potential that our innovative solar technology offers in terms of being helpful and beneficial in numerous industries when it comes to saving emissions. The upshot is that we have established an independent business unit: Sono Solar. Its purpose is to bring our customers closer to the strengths and benefits of vehicle-integrated photovoltaics and to show what is possible with it. In the meantime, we have become highly specialized and nowadays focus mainly on the areas of buses, electric trucks, and refrigerated trucks. 

"With solar, so much is possible"

We have very close collaboration with our business partners and customers and provide a "one-stop shop" from the technical concept through the actual mechanical and electronic integration to the after-sales service. We are currently in the transformation phase from prototype development to scalable, cost-effective solutions for the various markets, such as our Solar Bus Kit.

Since 2021, Sono Solar has been working with other vehicle manufacturers to install proprietary solar technology. Can you tell us a bit about the results in the different areas?   

We were able to sign our first contract just a few months after the first customer meetings. We held many more such meetings last year, developed solar concepts and prototypes together and, at the same time, expanded our technology for the various industries. We have enhanced the polymer-based solar technology that you are familiar with from the Sion for other vehicle types.

At the moment, we are very proud to have already signed 19 partnership agreements – including with companies such as MAN, easymile, Münchner Verkehrsgesellschaft MVG, CHEREAU and Rhenus Logistics. Some of the first prototypes are currently being tested and will be exhibited at the IAA Transportation trade fair in September. 

sono, solar, iaa, transportation

In the case of solar-powered refrigerated trailers, we are exhibiting several vehicles in Hanover, for example, in cooperation with CHEREAU, a top French refrigerated trailer manufacturer. All this helps to save CO2, as well as costs. We firmly believe that vehicle-integrated photovoltaics can make an important contribution to climate protection and to local and sustainable energy generation. Especially since we can already see in the photovoltaics sector how powerful today's solar cells already are – not to mention the steadily falling prices.

Interesting! Why not tell us a little more about the last few months. What has already happened in 2022? In which areas have we made progress? 

I'll try to describe in general the individual areas that we are currently focusing on. Speaking of buses, we are working on two different areas here. First of all, we want to enable fleet operators to save money and reduce emissions. We can successfully achieve this if the diesel buses in fleets are fitted with solar modules. A prime example of this application is our collaboration with the Munich-based public transport company MVG.

"We want to enable fleet operators to save money and reduce emissions."

In late July, we presented the new Solar Bus Kit at our Celebrate the Sun event. This is a standardized, scalable retrofit solution for diesel buses that we have developed for the most common 12-meter city buses. It allows systems, such as the air conditioning on a bus, to be partially operated with renewable energy. As the collaboration with MVG already shows, this saves on fuel, CO2, and costs. A bus from the VBR Verkehrsbetriebe bus company, in service for the MVV (Munich transport authority), and fitted with the Solar Bus Kit, was also on display at the event. Another bus for the MVV fleet will follow soon. 

The Solar Bus Kit on a 12 m city bus in Munich

The second area revolves around solutions for electric buses. In this instance, we want to support manufacturers in using our solar technology to extend the range of vehicles, reduce dependence on the almost non-existent and often expensive charging infrastructure, and shorten downtimes. We are currently working on a first project aimed at testing and validating our solar integration on e-buses. 

This then brings us to the category of refrigerated vehicles. We have joined forces with our customer CHEREAU to work on a first vehicle that will collect various data which we can use to validate electrical integration in the high-voltage range. The aim is to then put these solutions into serial production and ensure more sustainable and durable, all-electric cooling for fleet operators throughout Europe. Additional refrigerated vehicles developed with other manufacturers are also in the implementation phase and will be exhibited at the IAA Transportation fair in September.

Solar integration for Chereau will provide the trailer’s cooling unit with an additional 9.8 kW peak

Another exciting area is e-trucks. There are several projects already underway involving these vehicles too. This includes a 15-tonne truck from the Rhenus Group as a test vehicle, which we have fitted with Sono Solar measurement technology. The data we collect will support further optimization of our solar technology. The test vehicle is on the road in Berlin and the regions of Brandenburg and Mecklenburg-Vorpommern. 

There's certainly been plenty going on. What else is on your agenda for 2022?

There are many more exciting projects to come, especially in the area of prototype planning and production. Many of the projects that we launched last year are now being implemented. However, we continue to place great emphasis on internal serial development – both with regard to electrical integration and the expansion of our technological solutions. We are currently working on various technological innovations for ViPV (Vehicle integrated photovoltaics). 

Preparing solar modules in the Sono workshop

And of course, the further development and preparations for the official product launch of the Solar Bus Kit are coming along too. We very much look forward to getting this product on the road, thereby contributing to the reduction of emissions generated by public transport. As always, we are happy to have you along on this ride! So stay tuned and we'll give you more updates by the IAA Transportation trade fair at the latest. Till then, please support us if you have any relevant contacts in the transport sector. We look forward to receiving emails from you at: solar-integration@sonomotors.com.

Got it! Perhaps I could finish off with one last question. What does working for Sono Solar mean to you personally? Or to put it more directly: Why are you here and not somewhere else? 

Why did I come to work at Sono? For quite a simple reason: a few years ago, I tried to make various things such as eating and travel habits more sustainable. However, since I spend most of my time at work, I still wanted to contribute as far as possible to a more sustainable world during my working hours. A major factor is the generation of energy and the efficient use of this generated energy – as locally as possible and with the lowest possible transport losses. These are aspects that we at Sono Solar can directly influence, and that's what drives me! 

The Sono team is steadily growing

What is special about Sono is not only the products and the vision but, above all, the sense of togetherness. Values such as courage, empathy, integrity, responsibility, and trust are more than trendy buzzwords for us. They determine the way we work together. Working in a welcoming, supportive environment is very important to me, and that is the feeling I get from working here.

Lars, thank you very much for your time and this interesting insight into the world of Sono Solar. Hopefully we will talk again soon and look forward to many more exciting projects. 

If you would like to meet Sono Solar and the team live, we recommend you come along to the IAA Transportation trade fair in Hanover. Sono Solar will be exhibiting in Hall 26, Stand C02 from 20 to 25 September. 

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https://sonomotors.com/en/blog/save-money-and-reduce-emissions-an-update-on-sono-solar/ Julius
2022-08-10T16:34:00+02:00 2023-12-27T03:29:40+01:00 Here are the highlights from Celebrate the Sun

A day to remember! After years of development, we finally had the honor of presenting the Sion in its finished production design on 25 July 2022. Another key milestone that we couldn’t have reached without you - our Community. Thank you to everyone who was part of the event and who accompanied and supported us on our journey. It is because of you that we are where we are today.

That’s why it was also a great pleasure for us to surprise you with a second premiere at the event: the presentation of the Solar Bus Kit. This complete and efficient solar retrofit solution for diesel buses is designed to save even more fuel. This project ensures that we really are making every vehicle a solar vehicle.

For us it was very special to be able to share these two premieres with more than 1,500 people live, on site and more than 8,600 people online. A day full of emotions, impressions and exchanges with the Community that continue to inspire us. We are completely overjoyed!

A special moment - presenting the production design of the Sion to the Sono community.

Because it was so special, we have created a summary of the event for you. Click here to go directly to the video, where you can see all the highlights of the day again. If you couldn't be there live or online, you can also find the recording of the premiere here.

Thank you for all your support and this uniqe experience!

]]> https://sonomotors.com/en/blog/here-are-the-highlights-from-celebrate-the-sun/ Sarah 2022-07-25T19:30:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Unveils Production Design of Its ‘Sion’ Solar-Electric Passenger Car And ‘Solar Bus Kit’ For Public Transportation Fleets
  • Munich-Based Solar Mobility OEM Sono Motors Mark Two World Premieres at Its First “Celebrate the Sun” Community Event

  • The Sion, the World’s First Solar Electric Vehicle (SEV) For the Masses, Debuted in Its Production Design

  • All New ‘Solar Bus Kit’ Underscores the Move From Prototype Projects to a Scalable Solution Contributing to Climate Protection and the Reduction of Inner-City Greenhouse Gas Emissions

  • Company Remains on Track Whilst Further Accelerating on Both Strategic Business Pillars

  • As of 1 July 2022, the Company Reached over 19,000 Direct Customer Reservations With Down-Payment and 19 B2B Customer Projects for Solar Integration

MUNICH, Germany, 25 July 2022 Sono Motors (subsidiary to “Sono Group N.V.”, NASDAQ: SEV), the company that is pioneering solar-powered mobility, today held its first “Celebrate the Sun” Community event with more than 1,500 guests. During the event, the Munich-based OEM celebrated the debut of the world’s first affordable solar electric vehicle (SEV), the Sion, in its production design, and the unveiling of its novel ‘Solar Bus Kit’, a scalable B2B retrofit solution that reduces fuel consumption and inner-city greenhouse gas emissions, thereby contributing to climate protection.

“We are tremendously excited for Sono Motors’ journey towards providing clean, affordable, and accessible solar transportation for the masses. The premieres of the Sion in its production design and the ‘Solar Bus Kit’ represent a giant leap forward in realizing our vision for a sustainable world, furthering our mission to reduce carbon emissions,” said Laurin Hahn, co-founder and CEO of Sono Motors. “Production of our series-validation fleet and presenting the Sion in its production design is a further step towards delivering on our promise of an affordable solar-electric passenger vehicle. In addition, business diversification through the establishment of our B2B solar business as a strategic pillar helps us to achieve our key targets. We are scaling up our Sono Solar business with our new ‘Solar Bus Kit’ and have successfully increased our B2B customer base.”

The Sion: Key Milestones Towards Series Production Achieved

Starting as an idea between friends in a Munich garage, Sono Motors has grown to become a pioneer in solar-powered transportation via its development of the Sion, an affordable and reliable SEV for the masses. The Sion’s unique market position, coupled with Sono Motors’ proprietary Sono Solar Technology positions the Company perfectly to seize upon a growing shift toward a more sustainable future and enables individual contribution to climate-friendly mobility through the Company’s blend of disruptive technology and affordability. 

In its final production design, the Sion received major enhancements compared to earlier concepts: the exterior and interior now feature fewer lines and clearer surfaces. The Sion’s revamped exterior design includes new headlights and rear lights, a new bottom sideline design, new door handles, a streamlined rear with new camera and 3D lines, and a new charging lid. Inside, the Sion features a more spacious, cleaner interior with more storage, newly designed front seats and rear bench, and a new steering wheel. The Sion will also offer new color and trim for interior surfaces.

The outer shell of the family-friendly Sion will consist of 456 seamlessly integrated solar half-cells and will enable self-sufficiency on short journeys. The energy generated by the solar cells is expected to extend the estimated 305 km range of the Sion's 54 kWh LFP battery by an average of 112 km (up to 245 km) per week. Commuters in German metropolitan areas will have to charge their Sion up to four times less than conventional electric cars of the same vehicle class with a similar battery size. The battery will allow for a maximum charging capacity of up to 75 kW (DC) and 11 kW (AC). Bidirectional charging technology complements the car’s solar integration and is designed to turn the Sion into a sustainable power plant on wheels that is expected to be able to power electronic devices, the home or other electric cars with an output of up to 11 kW. 

Sono Motors is currently building its fleet of series-validation vehicles in Munich close to the company’s HQ, ushering in the Sion's testing program, which has already commenced. In the next months, this vehicle generation will undergo uncompromising practical tests under extreme conditions in both Europe and the U.S. This includes series validation, homologation, crash tests, testing in different climates, optimizing solar technology and safeguarding, as well as refining driving dynamics on test tracks and on public roads.

As of 1 July 2022, Sono Motors has over 19,000 active private reservations for the Sion, with an average down-payment of €2,225 and equivalent net sales volume of about €415 million, assuming that all reservations result in sales. At an estimated net sales price point of just 25,126 euro, the Sion is expected to have one of the lowest TCOs (total cost of ownership) in the medium-size segment since the proprietary solar technology considerably reduces the necessity to charge the vehicle.

The Company has an asset-light approach, with start of production planned for the second half of 2023 via contract manufacturing in Finland, foregoing the need for building its own production facilities. 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.

Solar Bus Kit: B2B retrofit solution to enable sustainable mobility for commercial transport

The Solar Bus Kit is a versatile and straightforward solution, optimized for the most common 12-meter public transport bus types on the European market, including Mercedes-Benz Citaro and MAN Lion's City. Sono Motors will offer a complete and efficient retrofit solution for bus fleet operators who have a compelling need to reduce diesel consumption and CO2 emissions to meet their sustainability goals.

The Solar Bus Kit allows subsystems like the HVAC to be partially powered by renewable energy thereby saving fuel, CO2, and costs. The Kit can save up to 1,500 liters of diesel and up to 4 tonnes of CO2 per bus per year from the ~1.4 kW peak installation with a total size of about 8 square-meters of solar panels. Bus fleet operators stand to see a potential payback time of approximately 3-4 years, depending on days in operation and fuel prices. Sono Motors will announce more details during IAA Transportation in September.

“Our solar technology is already contributing to climate protection and reducing CO2 emissions for numerous partners. In Munich, for example, we are collaborating with the city’s public transport company and are thereby supporting the city’s clean air targets. Such partnership projects demonstrate the potential of our technology for the transport sector,” said Jona Christians, co-founder and CEO of Sono Motors. “We’re proud to celebrate the unveiling of our novel solar product, the ‘Solar Bus Kit’, which will truly push our mission of making every vehicle a solar vehicle to the next level. The all-new Solar Bus Kit allows us to strengthen our solar business by maximizing the scalability of our technology to a huge market: the public and private bus fleet sector. It also represents a milestone on our path toward a world without fossil fuels.” 

Sono Motors is well on track with its plan to diversify its business and has currently delivered customized solar solutions to several B2B customers. As of today, the Munich-based solar-mobility specialist is partnering with 19 companies worldwide – including MAN Truck & Bus and CHEREAU – to implement its Sono Solar Technology on a variety of vehicle architectures such as buses, trailers, trucks, and electric transporters. Depending on the use case, size and type of the solar integration, Sono Motors’ lightweight and adaptable solution allows customers in the transportation industry to cut costs and emissions throughout their fleets.

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 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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https://sonomotors.com/en/press/press-releases/sono-motors-unveils-production-design-of-its-sion-and-solar-bus-kit/ Sono Motors
2022-07-21T11:43:00+02:00 2023-12-27T03:29:40+01:00 Sisu! Or why Valmet Automotive is the perfect partner for building the Sion

It is a match! In April this year, we announced Valmet Automotive as our partner for the series production of the Sion. Since then, our teams have continued to work together closely. While the series-validation vehicle program advances, our development team is progressing towards production with our contract manufacturer. All work streams have been kicked-off and engineers from both teams are already working on improving the current vehicle generation and preparing for manufacturing – a huge milestone towards delivering the Sion to our Community! 

Following on from this milestone, today we would like to introduce Valmet Automotive to you in more detail. Not every one of our Community is a passionate expert on topics that concern the automotive industry. Some of you might think, “okay, they are building the Sion with this company from Finland, what’s the big whoop?” So here are some insights about our excellent partner from the city with the lovely name Uusikaupunki. Let’s start with the basics! 

Who is Valmet Automotive?

Founded in 1968, Valmet Automotive is one of the world's largest contract vehicle manufacturers. Originally, it was created as a joint-venture between the Swedish car manufacturer Saab and the Finish state. One of the reasons was the excellent location, with the city of Uusikaupunki being very close to the Baltic Sea, which is highly favorable in terms of logistics. Today, the production facility is the biggest single production facility in Finland. 

Entrance to the production site in Uusikaupunki

Valmet Automotive also operates facilities in Poland and Germany, employing a total of 4,500 people. In its more than 50 years of existence, the company has produced the staggering figure of over 1.7 million vehicles. And if that wasn't enough, the company has been manufacturing electric vehicles since as early as 2009. Five different electric vehicle models have been produced by Valmet Automotive, making our partner one of the world's leading manufacturers of electric vehicles. 

Manufacturing Vehicles – the Sustainable Way 

But there's more to it than impressive numbers and decades of experience. On top of being a global leader in EV manufacturing, Valmet Automotive is a pioneer in industry sustainability. In all their own operations, the company is already CO2-neutral. As with us, sustainability is more than just a hip buzzword in Uusikaupunki. It is a guiding principle and an integral part of the company, guiding all activities and decisions. Consequently, Valmet Automotive uses only renewable energies for production. 

Inside the production halls of Valmet Automotive

Should greenhouse gas emissions along the supply chain or during production be unavoidable, these are fully offset through appropriate measures. This is something we were truly impressed with, and, as you might know, we plan to do the same with the production of the Sion. 

Also, Valmet Automotive has set itself ethical guidelines that ensure optimal cooperation. These include mutual respect, trust and integrity – principles that we at Sono also uphold and live by 100 percent. 

Sisu! The Unique Finnish Mindset

Last but not least, we experienced a very special mentality when working with the employees of Valmet Automotive. In our latest video, our dear colleague Thomas Hausch described it this way: “The people there are determined and equipped with, I would say, a humble pride, building vehicles with very high precision.” 

An employee at quality control

Doing some research, we got introduced to the concept of “sisu” – a unique Finnish word, which really cannot be translated into any other language, as Finnish author and editor at “thisisFINLAND” Peter Marten writes: “The Finnish word ‘sisu’ is untranslatable, but that doesn’t stop people from trying: determination, guts, hardiness, courage and willpower are some of the terms people use in English.”

To get a better grasp of it, we decided to let our partners from Uusikaupunki explain in their own words what this concept means: “Sisu is a very Finnish way of thinking, a very Finnish mindset”, says Olaf Bongwald, CEO of Valmet Automotive. "What's behind it is ‘make the impossible possible, don't give up, and sometimes be a little stubborn’, he adds. 

We are convinced that this mindset is perfect for facing the challenges of our modern world. If you follow the history of Sono Motors, sisu, or perseverance as we call it, is a trait shared by our founders, our reservation holders, our community and of course our team. It has enabled us to progress on our mission steadily, knowing that we will continue to live by these values to realize our vision of a world without fossil fuels. 

Fortunately, we found a partner in Valmet Automotive who is not only technically and professionally well-equipped to accompany us on our journey, but also has a very similar attitude when facing challenges. So let’s conclude today’s blog by acknowledging the fact that sometimes, as Valmet Automotive CEO Olaf Bongwald pointed out, in order to make the impossible possible, you have to be a little stubborn. Or, in other words, sisu! 

If you want to find out more about Valmet Automotive and our partnership, check out our latest video and our website. Of course, we’ll keep you updated! 

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https://sonomotors.com/en/blog/sisu-or-why-valmet-automotive-is-the-perfect-partner-for-building-the-sion/ Julius
2022-07-16T07:00:00+02:00 2023-12-27T03:29:40+01:00 Pride is for life, not just for June

At the end of last month we posted on Twitter that ‘Pride is for life, not just for June’. Pride and diversity are topics that most companies make prominent during the month of June, as it is Pride Month. We thought about how we wanted to show our support and honor the history of Pride Month in an authentic way rather than use it as a marketing tool. 

As a company we recognise and appreciate diversity in all its forms and see the support thereof as an ever-evolving journey. This is a journey that we wish to do in the correct way and are therefore open to learning on every step of it. This is why we say that pride is for life, and not just for June.

To coincide with Munich’s Christopher Street Day parade on 16 July, we wanted to write about the ways in which we at Sono strive to make our company a safe and inclusive workplace through various initiatives.

There are numerous ways in which we are moving our organization towards inclusivity. You may notice that on our website, we forgo the use of gendered words in both German and English, an initiative that is clearly stated in our company writing style guidelines. Instead of gendered pronouns such as ‘he’ and ‘she’, we use ‘they’/ ‘them’ unless we know the pronouns a specific person uses. Employees are also encouraged to put their preferred pronouns in their company Slack profile and within their email signature. 

Another initiative that is coming to our office-buildings very soon is the introduction of all-gender bathrooms. We believe that an office with gender-neutral bathrooms fosters an inclusive environment where everyone feels comfortable. Therefore we made the conscious decision to change the signage for the bathrooms in our HQ from the traditional ‘male’/ ‘female’ symbols to symbols of what is behind the door. That is to say, for example, one bathroom has a toilet and one has a urinal. This will be on the sign instead of a symbol based on gender.

WC All-Gender

These initiatives come from our employee-led Diversity Circle, who have also started the LGBTQ+ network. This currently consists of two different slack channels, one that is open for people who identify as LGBTQ+ and allies, and another that is private for people who identify as LGBTQ+ as a safe space where members can connect and discuss topics that they don’t necessarily feel comfortable discussing in a public channel.

The Diversity Circle is also working on guidelines for inclusive behavior that are not only based on gender and sexual orientation, but also background and ethnicity. This will become an official part of the company guidelines and will be approved by our Normative Circle, who ensure that all decisions made within the company adhere to our ethics and principles, and all employees will have to adhere to them. We have many other initiatives planned such as a meetup for LGBTQ+ employees and allies, diversity and inclusion training for leadership roles and workshops to educate and bring awareness to LGBTQ+ topics.

At Sono the environment around us and its inhabitants' welfare are of special importance to us. These values are therefore the foundation of all the work we do, not only to create a safer and healthier environment but also a safer and healthier workplace for our team. We want to enable a world and workplace in which all people feel free and safe to be themselves.

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https://sonomotors.com/en/blog/pride-is-for-life-not-just-for-june/ Lucy
2022-07-08T16:30:00+02:00 2023-12-27T03:29:40+01:00 5 Reasons Why You Should Care About the Sono Motors Carsharing App

“Wait a minute, Sono Motors has a smartphone app? Aren’t they developing a solar car? Why do they offer an app? What does it do? The car is not even out yet!!”

If you have ever asked yourself one or all of the questions above, this text is the right thing to spend the next five minutes of your life with. 

A Few Important Facts

Sono Motors Carsharing has been available for iOS and Android since December 2021. The app can be downloaded worldwide, although, for legal reasons, the service is currently only available in Germany. The app allows you to share your private vehicle with people around you.

Create sharing communities by inviting your friends, family, co-workers, or neighbors, and share your car whenever you don't need it. Discover new communities around you when you’re looking for a vehicle to take a ride with. It’s as easy as that!

Sono carsharing app private car sharing

Wait, you need more reasons, why should you care about Sono Motors Carsharing? Easy, we’ve got you covered! Here are five reasons why you should definitely give it a try! 

1. Do Good for the Environment

It is Sono’s purpose to enable individual mobility whilst preserving what is most important to us: the environment, people, and nature. In Germany, about 43 million cars just stand around, unused. To be precise, 95% of the time, that’s just what they do. Whether you go shopping, sit at work, or are at home sleeping, on average, your car is parked for 23 hours per day.

That is a highly inefficient way to use something that was built using precious resources in order to, well, drive. The Sono Motors Carsharing app enables you to support the cause of using cars more efficiently by sharing them with others. 

2. Save Resources, Save Money

A problem shared is a problem halved. Sharing a vehicle with a community means you can save a lot on monthly maintenance costs – actually up to 85%. Renting a car from a community member additionally means you don’t have to spend money on your own vehicle. It would probably stand around 23 hours a day anyway, remember? 

3. Engage in Communities and Meet New People 

Why borrow a car from a big car firm when you can just use the car of people around you? Create, join and discover private car sharing communities around your home, meet new people and help each other out. The friendliest and most relaxed way to borrow a car.

Sono carsharing app private car sharing

4. Support in Designing a Product 

Just like the Sion, we are developing and designing this application both for you and with you. Our goal is to constantly improve features, functions, and the app's design over time. But honestly, without the feedback of real people during real daily circumstances, this would be kind of tricky. In fact, the more people use the app, the more we can learn about your needs and use cases. 

5. Get a Car That Fits Your Needs

Whether it's for weekend trips, doctor's appointments, a spontaneous trip to the lake, or a visit to the furniture store – Sono Motors Carsharing gives you the flexibility to rent a car now, or plan a future trip. 

Do you think these are all pretty solid reasons to get the app and try it? Nice! Here is how you get it:

  1. Open the app store of your choice. Google Play Store and App Store both work.
  2. Search for “Sono Motors Carsharing”.
  3. Install the app and create an account. 
  4. If you own a car, integrate your vehicle into the platform. 
  5. If you don't own a car, look for a Community nearby and request to join. 

As previously mentioned, our team is constantly working to improve our product. There will be a steady stream of app updates in the coming weeks and months. So stay tuned and share your feedback with us - best through the menu in the Sono Motors app. We'll keep you posted!

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https://sonomotors.com/en/blog/5-reasons-why-you-should-care-about-the-sono-carsharing-app/ Julius
2022-07-05T10:00:00+02:00 2023-12-27T03:29:40+01:00 “Find a Community” – Sono Motors Expands Carsharing With Innovative Service
  • Launch of the Sono Motors Carsharing App Developed by Sono Motors, Which Makes Every Private Car Accessible to a Self-Defined Community

  • A Growing Community: The New “Find a Community” Service Helps App Users to Connect With Each Other and Share Vehicles Even More Easily

  • Going Well Beyond the Sion Solar Electric Car Developed by Sono Motors, the App Is Designed to Increase the Capacity Utilization of Private Cars by 150 Percent

Munich, 05 July 2022 – Sono Motors, the company that is aiming to revolutionize the future of solar-powered transportation, recently launched the Sono Motors Carsharing app. Sono Motors is therefore reacting to the untapped potential of around 43 million cars in Germany that are driven for a daily average of an hour. The app allows vehicles of all brands to be shared within a community of trusted people. Pilot projects conducted by Sono Motors have shown that this can potentially increase the utilization of private vehicles by 150 percent and make it possible to reduce monthly costs for car owners by up to 85 percent. Sono Motors is now following up on this and is expanding the app to include the “Find a Community” service. Car owners can now publicly have their vehicles shown in the app and thus not only share with people they already know, but also find new members for their community more easily. Conversely, people who do not own a car can find existing communities nearby and connect with them. The app has great potential above all outside conurbations where other car-sharing providers are not present or only present on a small scale.

Strengthening the Community Feeling and Sense of Responsibility

The great difference between Sono Motors Carsharing and the offerings from competitors is the fact that the sharing community is defined and managed by the vehicle owners themselves. This creates a genuine feeling of belonging to a community, and the sense of responsibility for the loaned vehicle is also increased. Uncomplicated third-party driver insurance is already included in case a vehicle is damaged. The Sono Carsharing app can be downloaded free from the App Store or Google Play. After the vehicle owner has registered themselves and their car, the car can be published visibly on the platform and community building can start. Physical handover of vehicle keys is currently supported by a seamless process within the Sono app. A retrofit option for these vehicles to permit keyless handover is already in the planning stage.

The vehicle can be reserved either in advance, for example, for weekend trips, or also booked spontaneously for excursions at short notice after prior agreement. After use, the car must be returned to a “home zone” defined by the vehicle owner. The vehicle owners themselves set the prices. Billing is per minute, distance driven or based on a flat rate. 

Car-Sharing Platform Without Its Own Fleet

“Three things were important for us when designing the Sono Motors Carsharing app: how can we reduce the number of cars on our roads while at the same time increasing the utilization of all the vehicles that are just standing around, and also, as a higher-level goal, make significantly more efficient use of vehicles as a resource? The concept originally developed exclusively for the Sion was not enough for us, so we expanded the scope to include all private cars. With the service expansion now launched, we are reacting to the feedback we have received from our customers. We are making connecting and community building even easier and at the same time increasing vehicle utilization,” says Johannes Bückle, Head of Product at Sono Digital.

“Sono Motors Carsharing is an important part of our business model and our vision of a world without fossil fuels. When the Sion is launched, our goal is to become the largest car-sharing platform in Germany with the app – and to achieve this by connecting the community instead of by owning our own vehicle fleet. The app is already proving to be popular and the feedback from the community is very promising,” says Jona Christians, CEO and Co-founder of Sono Motors.

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 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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https://sonomotors.com/en/press/press-releases/find-a-community-expands-sono-carsharing-service/ Sono Motors
2022-06-22T13:58:00+02:00 2023-12-27T03:29:40+01:00 First Quarter 2022: Sono Motors Further Accelerates B2B Customer Projects for Solar Integration
  • Revenues in the First Quarter 2022 Already Exceed Full-Year 2021 Revenues. 

  • Revenue Development Fueled by Sono Solar B2B Customer Projects.

  • Solar Business Expansion With 5 New B2B Partnerships in the First Quarter 2022.

  • As of Today, the Sion Series-Validation Vehicle Program Is Picking Up Speed, All Work Streams With New Contract Manufacturer Valmet Automotive Have Been Kicked-off.

  • As of 15 May 2022, Over 18,000 Reservations for the Sion With Average Down Payment of €2,310 Net and Equivalent Net Sales Volume of €393 Million.

MUNICH, Germany, 22 June 2022 – Sono Group N.V. (NASDAQ: SEV) (hereafter referred to as “Sono Motors” or the “Company”, parent company to “Sono Motors GmbH”), the company that aims to revolutionize the future of solar-powered transport, today announced its financial results for the first quarter of 2022.

Sono Motors is well on track on its plan to diversify its solar technology business and has currently delivered solar solutions to several B2B-customers. As of today, the Munich-based solar-mobility specialist has partnership arrangements consisting of purchase orders and non-binding LOIs with 18 companies worldwide to implement its proprietary Sono Solar Technology on a variety of vehicle architectures such as buses, trailers, trucks, and camper vans. This translates into an increase of 12 partner arrangements until today, compared to 6 by 31 March 2021. Revenues from the integration of the company’s proprietary solar technology and Sono Digital for the first quarter of 2022 was higher than for all of 2021.

“Sono Motors successfully pursues its growth path, as we keep delivering on our major goals. We are rapidly scaling up our Sono Solar business and have successfully increased our B2B customer base. Since March 2022, our proprietary solar technology has been contributing to climate protection and reducing CO2 emissions on Munich public transport to support the city’s clean air targets. Soon our technology will also support further industry leaders to be even more sustainable, such as CHEREAU S.A.S. in France. These examples impressively demonstrate the potential of our highly flexible in-house developed platform as we enter new vehicles and industries such as buses, logistics, and refrigerated transportation. Our goal to diversify our business by establishing our B2B solar business as a strategic pillar, equal to our solar electric vehicle, the Sion, is going according to plan in 2022,” states Laurin Hahn, CEO and co-founder of Sono Motors.

Among the new partners are CHEREAU S.A.S., a leading manufacturer of refrigerated trailers in Europe, and German logistics giant Rhenus. Depending on the use case and size and type of the solar integration, Sono Motors’ lightweight and adaptable platform allows any customer in the transportation industry to cut costs and emissions throughout their fleets.

The Sion: Key Milestones Towards Series Production Achieved
On the B2C side, Sono Motors has successfully taken further important steps towards series production of the Sion, the world’s first affordable solar electric vehicle (SEV). The focus currently lies on enhancing the quality, testing, and speed of the SEV program. Construction of the series-validation fleet bodies-in-white, last month, ushered in the completion of yet another milestone towards series production. Final assembly of the series-validation vehicles is ongoing close to the Company’s HQ in Munich. Among the parts ready to be mounted are in-house developed next-generation solar body panels. The fleet of vehicles will be used for series validation, optimization, homologation, and crash tests.

While the series-validation vehicle program advances, Sono Motors’ development team is progressing towards series production with contract manufacturer Valmet Automotive in Finland. All work streams have been kicked-off and engineers from both companies are already working closely together on improvements for the current vehicle generation and preparing for manufacturing. The cooperation with Valmet Automotive marks another milestone towards delivering the Sion to the growing community. The Company plans the start of production (SOP) in the second half of 2023. Sono Motors aims to have a production set-up, using one hundred percent renewable energy. The Company currently expects that all production-related greenhouse gas emissions that cannot be avoided along its supply chain, or during the production process of the vehicles, will be fully offset through relevant measures.

As of 15 May 2022, Sono Motors has received over 18,000 private reservations for the Sion, with an average down-payment of €2,310 and equivalent net sales volume of €393 million, assuming that all reservations result in sales. Sion reservations continue to be predominantly placed in Germany, but the Company is also registering increasing reservation numbers from countries such as Austria, Switzerland, and the Netherlands.

Further Outlook for 2022
As key milestones in 2022, Sono Motors expects to present series-validation vehicles during a community event this summer and to nominate all series suppliers by the end of the third quarter. In terms of financial guidance for 2022, Sono Motors expects to generate further revenues with solar customers, the vast majority of which are expected for the fourth quarter of 2022.

Financial Highlights

  • On 11 May 2022 the Company closed its underwritten follow-on offering of 10,930,000 ordinary shares, resulting in approximately $41.5 million in net proceeds.
  • On 13 June 2022 the Company announced it had entered into a committed equity facility with Berenberg. The committed equity facility provides Sono Motors with the right, without obligation, to sell and issue up to $150 million of its ordinary shares over a period of 24 months to Berenberg at the sole discretion of Sono Motors, subject to certain limitations and conditions.
  • Cash and cash equivalents of €103.0 million as of 31 March 2022, an increase of 190.1% compared to 31 March 2021 (€35.5 million).
  • Loss from operations totaled €25.5 million in the first quarter of 2022 (first quarter of 2021: €6.9 million). Net loss totaled €25.9 million and €0.35 loss per share (first quarter of 2021: €9.2 million and €0.15).
  • Operational expense increased mainly due to intensified development of prototypes and general company growth.
  • Cash in bank increased by €67.5 million as of 31 March 2022 compared to 31 March 2021.

Conference Call Information
Sono Motors will host a webcast for analysts on this occasion at 8:00 a.m. Eastern Time (2:00 p.m. CEST) today, 22 June 2022. The live audio webcast and supplementary information will be accessible via Sono Motors’ IR website at https://ir.sonomotors.com/. A recording of the webcast will also be subsequently available.

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 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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https://sonomotors.com/en/press/press-releases/first-quarter-2022-sono-motors-accelerates-b2b-customer-projects/ Sono Motors
2022-06-15T10:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Cooperates With Logistics Provider Rhenus to Optimize Solar Technology
  • Rhenus Group Test Vehicle Equipped With Sono Solar Metrology 

  • Extensive Data Collection for Further Optimization of the Tested Solar Solution

  • Rhenus Van in Use in Berlin, Brandenburg and Mecklenburg-Vorpommern

Munich / Berlin, 15 June 2022 – Sono Motors, the company that aims to revolutionize the future of solar-powered transportation, is working with the Rhenus Group, one of the world’s leading logistics service providers with annual sales of €7.0 billion, on the use of smart solar technology in last-mile logistics. The aim of the cooperation is to collect extensive solar data in real-world operation on the road to further optimize the potential of Sono Motors’ innovative solar technology for use on vans. A first Rhenus Group test vehicle was equipped with irradiance sensors for this purpose and will be on the road for the next 12 months in Berlin, Brandenburg and Mecklenburg-Vorpommern. 

The flexible solar modules developed for integration into vehicle surfaces, in combination with the innovative Sono power electronics also enable use in low or indirect sunlight, as is often the case when driving in urban areas. A fully integrated solar system for a van, for example, has the potential to achieve an output of up to 8.8 kilowatt peak (kWp) with an area of just under 54 sqm. In principle, the use of Sono Solar Technology offers customers from both the transport and logistics sectors the possibility to save greenhouse gas emissions and fuel, as well as increased independence from charging infrastructure and a reduction in downtime. Other potential benefits include extending vehicle battery life, as well as reducing maintenance costs.

“The project with the Rhenus Group provides us with important data to further optimize our patented technology. Our solar technology has the potential to make an important contribution to reducing emissions and increasing range in end customer delivery,” says Jona Christians, CEO and co-founder of Sono Motors.

“Innovative technologies such as solar-powered electric vans and trucks could contribute a great deal to the energy transition in the future, as no additional land needs to be sealed for this type of ecological power generation,” explains Jonas von Frieling, Head of Innovation Hub for the Rhenus Home Delivery and Rhenus High Tech. “If there is a widespread switch in transport to electric drives, supply must grow accordingly. Solar cells on vehicles could relieve the grid in the process and offer respite for fleet managers by easing the burden on charging infrastructure. We are leading the way with our test project.”

For comprehensive solar data collection, Sono Motors has equipped the Rhenus 15-tonne truck with 4 light irradiance sensors on the sides and roof. These will immediately record the solar radiation intensity in a long-term test under real conditions. A data logger connected to the data center at Sono Motors via an LTE connection transmits the data. At Sono Motors, all measurement data is linked to concrete results and analyzed and transmitted to Rhenus.
 
Thanks to the versatility of its solar technology, Sono Motors has already signed more than17 partner agreements with companies such as MAN, easymile and Münchner Verkehrsgesellschaft (MVG). The first vehicles have already been delivered for some customers and partners, such as a solar bus trailer for the Munich transport company (MVG) and a light electric vehicle prototype for ARI Motors.

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 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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https://sonomotors.com/en/press/press-releases/sono-motors-cooperates-with-logistics-provider-rhenus/ Sono Motors
2022-06-13T23:40:00+02:00 2023-12-27T03:29:40+01:00 Sono Group Announces $150 Million Committed Equity Facility

Committed Equity Facility Positions Sono Group to Raise Some of the External Funding Needed Until Start of Production.

13 June 2022 – Sono Group N.V. (hereafter referred to as “Sono Motors” or the “Company”) (NASDAQ: SEV), the company that aims to revolutionize the future of solar-powered transport, today announced it has entered into a common shares purchase agreement with Joh. Berenberg, Gossler & Co. KG (“Berenberg“).

The agreement governs a Committed Equity Facility that provides Sono Motors with the right, without obligation, to sell and issue up to $150 million of its ordinary shares over a period of 24 months to Berenberg at the sole discretion of Sono Motors, subject to certain limitations and conditions.

“This new source of funding provides us with the flexibility to raise additional equity funding when and if we choose to do so,” states Laurin Hahn, CEO and co-founder of Sono Motors.

This press release is for informational purposes only and it does not represent an offer to sell or the solicitation of an offer to buy any of the Company’s shares. There will be no sale of shares in any jurisdiction in which one would be unlawful.

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 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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https://sonomotors.com/en/press/press-releases/sono-group-announces-150-million-committed-equity-facility/ Sono Motors
2022-06-01T16:18:00+02:00 2023-12-27T03:29:40+01:00 Sion Update: Assembling the Vehicles for Series Validation

Since we unveiled the first prototype of the Sion to the world on 27 July 2017, we have been sharing news with you about the development, design and, of course, construction of the next generations of the vehicle. Throughout the prototype phase, we have always sought your feedback and opinion – be it on test drives, through surveys or at a car clinic. This important phase has been completed since March. In the meantime, we are in the middle of one of the most exciting moments in vehicle development: the production of the series-validation vehicles.

We are supported in this by thyssenkrupp and Bertrandt, two very experienced partners who not only have extensive expertise in the field of automotive engineering, but also the necessary infrastructure and capacities to produce the series-validation vehicles quickly and to a high standard of quality. 

As we have also given you insights into the construction of our SVC2 prototypes in 2020, we naturally don't want to leave you out of this important and unique process. On our social media channels, there have already been photos and information from the production process, however, today we have dedicated ourselves to the very important questions, which are perhaps particularly interesting for non-automotive-experts. What exactly is happening there? How is a series-validation vehicle assembled? And what happens next? Read the answers to these and other questions here.

Kicking Things off With the Body in White

As an expert for integrated body construction solutions, thyssenkrupp Automotive Body Solutions is responsible for the production of the aluminium space frame. As a second step, Bertrandt takes over the assembly of the new Sion test fleet here in Munich. thyssenkrupp first manufactures the so-called body in white, i.e. the bodyshell of the vehicles. For this, all the required aluminium profiles, sheets and any other small aluminium parts needed are manufactured and then joined together. 

Layout of the aluminum components of the body-in-white

Before assembly at Bertrand, the aluminum space frame gets a cathodic dip coating – a long-lasting corrosion protection. Later, the space frame will be covered with our solar body panels. Our motto? Solar instead of paint!

The aluminum space frame of a series-validation vehicle at the cathodic dip coating facility.

Let’s Start the Assembly 

In total, the Sion consists of more than 1,500 parts. All of these components have to be brought together in the final assembly. This is where it also becomes clear whether and if so, which adjustments still have to be made in the construction before series production. 

Every body in white has a VIN number, the Vehicle Identification Number. This number will accompany the vehicle from assembly through its entire life cycle and is an important identification feature for every car. Many of the following steps run in parallel before converging at a later stage.

The process of assembly of the series-validation vehicles

Assembly starts by removing all the movable components of the body in white, namely the doors, hood, and tailgate, and relocating them to pre-assembly areas specially prepared for this purpose. There they are given their solar integration, electrical integration, trim, insulation, and any necessary switches.

Assembling all these components reveals where improvements are still needed for series production. These adjustments then have to be transferred to series production. The exterior assembly line forms the leading assembly line on which all components are brought together step by step.

Sion, series-validation, assembly line

During this process, the wiring harness is also installed in the body in white. The wiring harness is the central nervous system of the vehicle's electrical architecture and connects all electrical components together. Their functionality is tested on a Yellow Board before integration into the vehicle. There, the engineers test whether everything has been manufactured correctly. With all the thousands of cables, small errors are bound to find their way into the wiring.  Naturally, these must be eliminated before integration into the vehicle can commence. Only then turn signals, warning lights, and all associated switches are tested for proper function.

The integration of the wiring harness is followed by the assembly of the interior. In many different steps, the center console, carpets, headliner, seats, interior trim, as well as the dashboard are now integrated into the vehicle. The dashboard is also assembled in a separate assembly area. It is then integrated and installed as a unit. The major areas of focus here are the air ducts, the instrument cluster, the infotainment, and, of course, the moss. 

Next? Catching the Drivetrain!

Needless to say, the heart of every car is the drivetrain. For the Sion’s chassis, various heavy components are brought together in the dedicated assembly area. The chassis is a complex composite consisting of springs, dampers, as well as rims with tires, rubber mounts, steering, stabilizers, and brakes. The electric motor is located in the front area of the bottom section. It is firmly mounted in a solid bracket specially provided for this purpose. This is where the electric propulsion will later be transmitted to the front axle. 

The bidirectional charger is also mounted in the front part of the vehicle and enables, among other things, charging of the battery. Probably the heaviest component is the high-voltage battery located between the front and rear axles. This component is also assembled in a designated area. This requires not only the utmost concentration but also the support of several lifting devices. After all, a battery like this weighs about 360 kg. 

Next, the various components of the chassis, i.e. the axles, the e-machine, and the drivetrain, are mounted on the body and merged with it – probably the most important step in the complex assembly of a validation vehicle. On the home stretch, the tailgate, doors, and hood are then reattached to the vehicle. To ensure that the vehicle is always fully accessible throughout the entire process, this happens at the very end. 

Are we there yet? 

Although the assembly of the series-validation vehicles is completed, the vehicle production process is not. In a final, but very important step, the so-called commissioning takes place. Now the vehicle is brought to life for the first time. The electrical systems are activated and the control units are "flashed" with the software. All these units as well as the electrical components are checked for functionality step by step. At this point, all the hard work pays off. Something that has never been assembled before takes on its final form and can be moved for the first time. 

Assembly is an intensive and highly complex process involving a total of hundreds of people - whether in preparation, in research and development, or in the production itself. We would also like to take this opportunity to thank all the people for their great work in making this major and important step towards series production of the Sion possible.

A body in white at Bertrand, ready for assembly.

Over the coming weeks and months, we will produce a total of 16 complete vehicles and 21 test structures. We will be undertaking testing, validation, and certification of the Sion until it rolls off the production line in Finland. These will include uncompromising practical tests under extreme conditions, optimizing our solar technology, as well as refining driving dynamics on test tracks and on public roads in addition to crash tests. We are therefore looking forward to a more than exciting journey, on which we would like to invite you. So keep checking back, it's worth it!


P.S. The first solar panels for our series validation vehicles have arrived. Engineer Dominik and Community Representative Sebastian discuss texture and materials, as well as the challenges we faced during development. Overall, we were able to integrate more cells than before. How we managed to do that? Check out this video!

]]> https://sonomotors.com/en/blog/sion-update-assembling-the-vehicles-for-series-validation/ Max Flicker 2022-06-01T08:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors and CHEREAU Sign Contract to Enter the Market for Solar-Powered Refrigerated Trailers
  • Solar Technology to Provide Refrigerated Trailers With up to 9.8 kW Peak, Save Approx. 3,400 Liters of Fuel and Reduce Approx. 9 Tonnes of Local CO2-Emissions per Year per Vehicle

  • Sono Motors and CHEREAU S.A.S. Announce Joint Production of a First Solar Trailer With 58.9 sqm of Solar Panels

  • Trailer Will Premiere at IAA Transportation 2022 and Will Be Used to Evaluate the Technical and Economic Feasibility of Integrating a Customized Solar Solution for a High Volume Series Vehicle

  • Refrigerated Trailer Market Expected to Grow Strongly Due to Increasing Demand for Medicine, Deep-frozen Products and Fast Food

Munich, 1 June 2022 – 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.*

 “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.*

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. 

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 annual report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on 19 April 2022 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.

* Based on internal calculations, including weather and system efficiency assumptions.
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https://sonomotors.com/en/press/press-releases/sono-motors-and-chereau-sign-contract/ Sono Motors
2022-05-18T08:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Documentary to Be Shown Live on YouTube

The journey we’ve gone on together over the past few years is something unique. We’ve had ups and downs, celebrated successes and learned from mistakes. It began almost 10 years ago, when Jona and Laurin started in a small garage to put their vision of a world without fossil fuels into motion. This journey reached a major milestone last November when we were listed on the New York Stock Exchange NASDAQ under the ticker symbol "SEV"  — a completely new level for our company.

This journey — from a garage to the stock exchange — was produced by the film production company HAWKINS & CROSS in cooperation with Grimme Award winner Lena Leonhardt. Leonhardt uses a lot of sensitivity and an eye for emotional details to impressively display what it means to run an automotive company that pursues one central goal: the protection of the environment.

Of course, we would like to share the resulting documentary with you. On 19 May, we can watch it together "live" on YouTube. The film is in German with included subtitles in English.

Link to the Livestream

When? Thursday 19 May 2022
Where? On YouTube
What time? 7pm CET

We look forward to seeing you there! 

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https://sonomotors.com/en/blog/sono-documentary-to-be-shown-live-on-youtube/ Sina
2022-05-03T22:31:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Announces Closing of Follow-on Offering

Munich, Germany  Sono Group N.V. (Nasdaq: SEV; “Sono Motors” or the “Company”) announced today the closing of its previously announced underwritten follow-on offering of ordinary shares, resulting in approximately $40 million of gross proceeds.

In connection with the offering, Sono Motors has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 ordinary shares at the public offering price, less underwriting discounts.

Sono Motors intends to use the net proceeds from this offering to cover some of the capital needed until the start of production of its solar electric vehicle, the Sion.

Berenberg, Cantor Fitzgerald & Co., and B. Riley Securities acted as book-running managers for the offering. Craig-Hallum and Wedbush Securities acted as co-managers for the offering.

A registration statement on Form F-1 relating to the shares being sold in this offering has been filed with the SEC and was declared effective on April 28, 2022. This offering was made only by means of a prospectus which, for the avoidance of doubt, will not constitute a “prospectus” for the purposes of the Regulation (EU) 2017/1129 (the Prospectus Regulation) and has not been reviewed by any competent authority in any member state in the European Economic Area. Copies of the prospectus may be obtained from: Berenberg Capital Markets LLC, Attention: Investment Banking, 1251 Avenue of the Americas, 53rd Floor, New York, NY 10020, or by telephone at +1 646 949 9000, or by email at prospectusrequests@berenberg-us.com, Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, New York, NY 10022, or by email at prospectus@cantor.com, and B. Riley Securities, Inc., Attention: Prospectus Department, 1300 17th Street North, Suite 1300, Arlington, Virginia 22209, or by telephone at +1 703 312 9580, or by email at prospectuses@brileyfin.com.

This press release is neither an offer to sell nor a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities law of any such state or jurisdiction. The securities have already been sold.

FORWARD-LOOKING STATEMENTS

This 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, and include statements relating to the offering of ordinary shares by Sono Motors including intended use of proceeds, statements about Sono Motors' business including reservations, technology and production, and other non-historical statements. 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 the risks and uncertainties identified in these filings 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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https://sonomotors.com/en/press/press-releases/sono-motors-announces-closing-of-follow-on-offering/ Sono Motors
2022-04-29T07:30:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Announces Pricing of Follow-on Offering

Munich, Germany  Sono Group N.V. (Nasdaq: SEV; “Sono Motors” or the “Company”) announced today the pricing of its follow-on offering of 10,000,000 ordinary shares at a price to the public of $4.00 per share. In addition, Sono Motors has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 ordinary shares at the public offering price less underwriting discounts. The offering is expected to close on May 3, 2022, subject to customary closing conditions.

Sono Motors intends to use the net proceeds from this offering to cover some of the capital needed until the start of production of its solar electric vehicle, the Sion.

Berenberg, Cantor Fitzgerald & Co., and B. Riley Securities are acting as book-running managers for the offering. Craig-Hallum and Wedbush Securities are acting as co-managers for the offering.

A registration statement on Form F-1 relating to the shares being sold in this offering has been filed with the SEC and was declared effective on April 28, 2022. This offering is being made only by means of a prospectus which, for the avoidance of doubt, will not constitute a “prospectus” for the purposes of the Regulation (EU) 2017/1129 (the Prospectus Regulation) and has not been reviewed by any competent authority in any member state in the European Economic Area. Copies of the prospectus may be obtained from: Berenberg Capital Markets LLC, Attention: Investment Banking, 1251 Avenue of the Americas, 53rd Floor, New York, NY 10020, or by telephone at +1 646 949 9000, or by email at prospectusrequests@berenberg-us.com, Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, New York, NY 10022, or by email at prospectus@cantor.com, and B. Riley Securities, Inc., Attention: Prospectus Department, 1300 17th Street North, Suite 1300, Arlington, Virginia 22209, or by telephone at +1 703 312 9580, or by email at prospectuses@brileyfin.com.

This press release is being issued pursuant to Rule 134 under the Securities Act of 1933 and is neither an offer to sell nor a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities law of any such state or jurisdiction.

NOTICE TO PERSONS IN THE UNITED KINGDOM

In the United Kingdom, this press release is only directed at qualified investors (as defined in Regulation (EU) 2017/1129 as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018) who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.), or (iii) are persons to whom an invitation or inducement to engage in an investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”). This press release is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this press release relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

NOTICE TO PERSONS IN THE EEA

In relation to each member state of the European Economic Area, this press release is only directed at any person or entity that is a qualified investor as defined in Article 2(e) of Regulation (EU) 2017/1129 (all such persons together being referred to as “Qualified Investors”) and must not be acted on or relied on by persons who are not Qualified Investors. Any investment or investment activity to which this press release relates is available only to Qualified Investors and will be engaged in only with Qualified Investors.

FORWARD-LOOKING STATEMENTS

This 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, and include statements relating to the offering of ordinary shares by Sono Motors including intended use of proceeds, statements about Sono Motors' business including reservations, technology and production, and other non-historical statements. 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 the risks and uncertainties identified in these filings 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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https://sonomotors.com/en/press/press-releases/sono-motors-announces-pricing-of-follow-on-offering/ Sono Motors
2022-04-26T22:10:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Announces Follow-on Offering

Munich, Germany – Sono Group N.V. (Nasdaq: SEV; “Sono Motors” or the “Company”) announced today the launch of a proposed follow-on offering of 10,000,000 ordinary shares, all of which are being offered by the Company. In addition, Sono Motors expects to grant the underwriters an option, to purchase up to an additional 1,500,000 ordinary shares. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the proposed offering.

Sono Motors intends to use the net proceeds from this proposed offering to cover some of the capital needed until the start of production of its solar electric vehicle, the Sion.

Berenberg, Cantor Fitzgerald, and B. Riley Securities are acting as book-running managers for this proposed offering. Craig-Hallum and Wedbush Securities are acting as co-managers for this proposed offering.

A registration statement on Form F-1 relating to the proposed sale of these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. This offering will be made only by means of a prospectus which, for the avoidance of doubt, will not constitute a “prospectus” for the purposes of the Regulation (EU) 2017/1129 (the Prospectus Regulation) and has not been reviewed by any competent authority in any member state in the European Economic Area. Copies of the preliminary prospectus, when available, may be obtained from: Berenberg Capital Markets LLC, Attention: Investment Banking, 1251 Avenue of the Americas, 53rd Floor, New York, NY 10020, or by telephone at +1 646 949 9000, or by email at prospectusrequests@berenberg-us.com, Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, New York, NY 10022, or by email at prospectus@cantor.com, and B. Riley Securities, Inc., Attention: Prospectus Department, 1300 17th Street North, Suite 1300, Arlington, Virginia 22209, or by telephone at +1 703 312 9580, or by email at prospectuses@brileyfin.com.

This press release is neither an offer to sell nor a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities law of any such state or jurisdiction.

NOTICE TO PERSONS IN THE UNITED KINGDOM
In the United Kingdom, this press release is only directed at qualified investors (as defined in Regulation (EU) 2017/1129 as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018) who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.), or (iii) are persons to whom an invitation or inducement to engage in an investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”). This press release is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this press release relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

NOTICE TO PERSONS IN THE EEA
In relation to each member state of the European Economic Area, this press release is only directed at any person or entity that is a qualified investor as defined in Article 2(e) of Regulation (EU) 2017/1129 (all such persons together being referred to as “Qualified Investors”) and must not be acted on or relied on by persons who are not Qualified Investors. Any investment or investment activity to which this press release relates is available only to Qualified Investors and will be engaged in only with Qualified Investors.

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, and include statements relating to the contemplated offering of ordinary shares by Sono Motors including intended use of proceeds, statements about Sono Motors' business including reservations, technology and production, and other non-historical statements. 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 the risks and uncertainties identified in these filings 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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https://sonomotors.com/en/press/press-releases/sono-motors-announces-follow-on-offering/ Sono Motors
2022-04-19T13:30:00+02:00 2023-12-27T03:29:40+01:00 Full Year 2021 Corporate Update: Sono Motors Solar Technology Delivered to Several Partners and Sion Production Capacity Secured
  • Several B2B Projects for Solar Integration Delivered, Including Solar Buses for Public Transport in Q1 2022, Last Mile Delivery Truck and US RV Retailer in 2021.

  • Between 2021 and Q1 2022 Sono Solar B2B Partner Arrangements Increased From 2 to 17.

  • Signed a Contract Manufacturer With Years of Experience in Production for Premium OEMs, Which Will Provide Production Capacity for 257,000 Cars Within 7 Years.

  • As of 31 March 2022, Reservations for The Sion Solar Electric Vehicle (SEV) Totaled Over 17,000, With an Average Down Payment of €2,390 Net.

  • Development of the Sion Progressed as Planned With Building of a Series-Validation Vehicle Fleet, to Be Presented to the Public This Summer.

  • Sono Car Sharing App Launched in Germany.

Munich, 19 April 2022 Sono Group N.V. (NASDAQ: SEV) (hereafter referred to as “Sono Motors” or the “Company”, parent company to “Sono Motors GmbH”), the company that aims to revolutionize the future of solar-powered transport, today announced its financial results for the financial year ended 31 December 2021.

“We have achieved major milestones on our growth path. We’re scaling up our Sono Solar business, have delivered several products to B2B customers in the last months, and thus generated first revenues. Our proprietary solar technology is already contributing to climate protection and the reduction of CO2 emissions on Munich public transport and supporting the city’s clean air targets. These examples showcase our plan to diversify our business by establishing our B2B solar business as a strategic pillar, equal to our solar electric vehicle, the Sion,” states Laurin Hahn, CEO and co-founder of Sono Motors.

“This year we also have a clear focus on enhancing the quality, testing, and speed of the Sion program. We are now well into the series-validation phase and progressing with vehicle testing and certification. Our collaborative working with our new contract manufacturer positions us well to keep our promise and deliver a climate-neutral Sion to our customers next year,” Hahn adds.

2021 Business Highlights

  • Grew B2B solar integration client base, with more contracts and offers from various OEMs and fleet owners across various transportation sectors. In Q4 2021, we delivered our first solar-powered light-electric vehicle prototype to ARI Motors and installed the first RV solar retrofit for a client in the U.S.
  • Opened our dedicated development center for the B2B solar business. Specialists use bespoke equipment and test facilities to enhance speed for all solar projects.
  • Launched Gen 2 prototypes at CES and used those vehicles for intensive development, the completion of first winter & summer tests, continued engineering and over 1,000 customer test drives, bringing the total test drive number to more than 18,000 customers so far.
  • The vast majority of Sion sourcing decisions were made by year-end 2021.
  • The launch of the Sono app on 6 December 2021 enabled Sono Motors to expand its app beyond the Sion. The aim is to gather more data and customer feedback for incremental development of the service. Sono Motors provides an in-app booking and payment system as well as additional insurance if required. The app allows users in Germany to share their car - not just the Sion - via community car sharing with friends, family, and neighbors.
  • By the end of 2021, 231 people of over 30 different nationalities were employed at Sono Motors. This represents an approximate team size increase of 120% over the year. This number increased to 267 people by the end of Q1 2022.

Recent Updates

  • Sono Motors delivered its innovative solar technology to several customers including Munich’s public transport provider MVG. Our solar bus retrofit solution can reduce local CO2 emissions by over 6.5 metric tons per year, per vehicle. Further benefits include fuel savings of up to 2,500 liters of diesel per vehicle, per year, the stabilization of energy supply, the extension of the 24V battery life, and reduced maintenance costs.
  • Increased solar integration B2B partner arrangements to 17 by 31 March 2022, compared to 2 at the start of 2021.
  • Signed binding term sheet with Valmet Automotive as an experienced contract manufacturer for the Sion. As of today, Valmet Automotive has produced over 1.7 million cars for brands like Mercedes, Porsche, and SAAB. Valmet Automotive will build the Sion at its plant in Uusikaupunki, Finland, and will provide the capacity to produce 257,000 vehicles over a seven-year period. This cooperation marks another milestone toward delivering the Sion to our growing Community.
  • Build of a fleet of 37 series-validation vehicles and Bodies in White is currently underway, ushering in the Sion's testing program. These cars consist of series components and correspond to the planned final design. This was established in Q1 2022, alongside completing the 2nd generation prototype program, as well as the accompanying definition of components and vehicle parameters. The fleet will be used for series validation, optimization, homologation, and crash tests.
  • Significant progress has been made on Sion’s User Interface and User Experience Design (UI/UX) by integrating payment processes, insurance booking and Salesforce, Google, and SAP within the backend infrastructure for a fully digital customer experience.
  • ESG activities include progress towards offsetting activity-based value chain emissions, and our participation in the Time for Climate Action campaign prior to Earth Day on 22 April 2022, and our first full year (2021) of operations with first local impacts within the Fair Cobalt Association.

Financial Highlights

  • Commenced monetizing the proprietary solar technology – several public transport buses have been equipped. Retrofitting of a boat and refrigeration trucks is ongoing.
  • Sono Motors amassed over 16,700 direct consumer reservations by year-end 2021. Reservations increased by nearly 4,000 in 2021, equivalent to a 31% y-o-y increase.
  • As of 31 March 2022, the Sion has over 17,000 reservations with an average down payment of €2,390 net and equivalent net sales volume of € 368 million, assuming that all reservations result in sales.
  • Cash and cash equivalents of €132.9 million as of 31 December 2021, demonstrating an increase of 206.9% compared to year-end 2020 (€43.3 million).
  • Loss from operations totaled €59.2 million (2020: €53.9 million). Net loss totaled €63.9 million and €1.07 loss per share (2020: €56.0 million and €0.97).
  • €16 thousand revenues generated, thereof €11 thousand from integrating our proprietary solar technology.
  • OpEx increased mainly due to intensified development of prototypes and general company growth.
  • Cash in the bank increased by €90 million in 2021, mainly driven by IPO (cash-in of €142 million).
  • Increase of €4 million in advance payments received from customers.
     

Conference Call Information

Sono Motors will host a webcast for analysts on this occasion at 8:00 a.m. Eastern Time (2:00 p.m. CET) today, 19 April 2022. The live audio webcast and supplementary information will be accessible on Sono Motors’ IR website at https://ir.sonomotors.com/. A replay of the webcast will also be available.

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.

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https://sonomotors.com/en/press/press-releases/full-year-2021-corporate-update-sono-motors/ Sono Motors
2022-04-14T15:00:00+02:00 2023-12-27T03:29:40+01:00 Why the Heilbronner Falken ice hockey team jersey is sporting the Sono Motors logo

Ever since Laurin, Jona, and Navina founded our company in 2016, a number of people has been with us along the way: employees, backers, reservation holders, or investors and partners. One of these long-standing companions is Franz Böllinger. He is the managing partner of BÖLLINGER GROUP, which has been a shareholder of Sono Motors since 2017.

In addition to his long years of commitment to Sono, Franz is also an ice hockey enthusiast and one of the four shareholders of the Heilbronner Falken team. Seeing as that team’s jerseys are sporting the Sono Motors logo, we sat down with Franz to introduce him to you and to find out what this cooperation is actually all about.

Hello Franz, very pleased to meet you. Would you like to briefly introduce yourself to our readers?

Franz: Sure! My name is Franz Böllinger and I’m the second-generation managing partner of our medium-sized group of companies, BÖLLINGER GROUP, which specializes in the production of complex prototypes and special parts serial production for automotive, aerospace, and mechanical engineering.

Franz Böllinger, Managing Partner, BÖLLINGER GROUP

How exciting! Is that also how you first got in touch with Sono Motors?

Franz: I first noticed Sono Motors when I read an article in a notable German Sunday newspaper. That article spoke in great detail about the founders of Sono and their ideas and motivations. I subsequently got in touch with Laurin and Jona in order to explore the options for BÖLLINGER GROUP to support this project. At first, the main focus was on supporting Sono with our operative know-how in terms of engineering and prototype production. That was supposed to be the starting point for identifying further areas of cooperation later. But only a short time later, we were considering joining as a shareholder – which we ended up doing.

Why did you decide to invest in Sono Motors and stick with it to this day?

Franz: It was the allure and at the same time the realization that many things about mobility as we know it today must, and will, change. What really convinced us was the passion and the strong will of the founders and idea providers together with a plethora of innovations. Unlike other automotive manufacturers, Sono does not care about the traditional goals such as higher performance. Instead, they are looking for new ways to use our resources and to create new services.

Which aspect of Sono do you love most, personally? The vehicle itself, the solar technology, or the mobility services?

Franz: Definitely a mixture of all three. But the special value as I see it is without a doubt the integrated solar technology and the mobility services, which distinguish Sono from both the well-established and the new players in the market.

So much for Sono. But there is another thing we’d like to know: What is your role at the Heilbronner Falken?

Franz: I am one of four shareholders of the Heilbronner Falken, a professional DEL2 ice hockey team (editor’s note: DEL2 = second tier ice hockey league in Germany). I’ve been passionate about that sport since 1986, and I’m not the only one in my family. A high-octane game, the tangible passion of everyone on and next to the rink, and not least the possibility of connecting economic logic and the special professional sports terminology – all that is an important driver for me and my fellow partners. Moreover, the Heilbronner Falken have been spokesmodels for our group of companies for more than 20 years.

Franz Böllinger (second from the left) with two Heilbronner Falken athletes. Source: PMFDESIGN

How come that the team jersey is now sporting the Sono logo? 

My intention was to make Sono known more widely beyond its esteemed community. Putting the Sono logo on the jerseys and thus extending the reach in terms of brand awareness is supposed to complement the manifold marketing activities. Sono doesn’t pay us anything for that advertising space. It’s a contribution from us as partners and investors.

The cooperation with Sono also means more awareness for the Heilbronner Falken and, ideally, more supporters and thus more reach. It’s a true win-win situation.

We couldn’t agree more! We keep our fingers crossed for you in the future! Thank you for your time and your contribution.

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https://sonomotors.com/en/blog/why-the-heilbronner-falken-ice-hockey-team-jersey-is-sporting-the-sono-motors-logo/ Julius
2022-04-05T14:00:00+02:00 2023-12-27T03:29:40+01:00 New Partnership – Sono Motors to Produce Sion Solar Electric Vehicle at Valmet Automotive
  • Sono Motors and Valmet Automotive Announce the Signing of a Term Sheet Concerning the Production of the Sion Solar Electric Vehicle (SEV) At Valmet Automotive’s Production Line in Uusikaupunki, Finland.

  • The Contract Manufacturer, With Long Experience in Production for Premium OEMs, Will Provide Production Capacity for 257,000 Cars Within 7 Years.

  • Start of Production Planned for the Second Half of 2023.

  • Funding Needs Increase.

  • Due to Increased Manufacturing Costs, the Sion Will Be Priced at €25,126 Net in the Future. The New Price Will Be Valid From 18,500 Reservations Onwards. All Existing Reservations Remain Priced as Before.

  • Valmet Automotive Is One of the World’s Most Sustainable Contract Manufacturers and Certified Carbon-Neutral as of 1 January 2022.

  • Sono Motor’s Munich Headquarters Continues to Be the Sole Development Hub for Sono Solar Technology

Munich, Germany / Uusikaupunki, Finland, 5 April 2022 – Sono Motors (subsidiary to “Sono Group N.V.”, NASDAQ: SEV) and Valmet Automotive today announced the signing of a binding term sheet, specifying all substantial parameters regarding the collaboration and the production of the Sion solar electric vehicle (SEV). The Finnish contract manufacturer will produce the Sion at its plant in Uusikaupunki. Valmet Automotive will provide the capacity to produce more than 257,000 vehicles over a seven-year period.

“The cooperation marks another milestone towards delivering the Sion to our growing Community. We are convinced that collaborating with such a reliable and experienced partner is an excellent match for bringing the Sion to the streets, while securing high quality standards. We value Valmet Automotive's experience in manufacturing premium automobiles and their proven track record in electro mobility,” says Laurin Hahn, CEO and co-founder of Sono Motors. “Together we are well positioned to keep our promise and deliver a climate-neutral Sion to our customers.”

“The cooperation with Sono Motors is a perfect fit with Valmet Automotive’s strategy, capabilities, and sustainable approach in all operations. We have been pioneers in electric vehicle manufacturing since 2009, and the innovative solar electric Sion will take us to the next level as the first high-volume, fully electric vehicle to be produced in the Uusikaupunki plant. In the rapidly changing automotive industry, Sono Motors is a leading exponent. We are looking forward to supporting Sono Motors in their electromobility targets,” says Olaf Bongwald, CEO, Valmet Automotive.

The Partnership Aims to Produce 43,000 Vehicles Per Year

Valmet Automotive started car manufacturing in 1968 as a joint venture with Saab. Since then, the company built more than 1.7 million cars as a contract manufacturer for some of the world's leading OEMs. General price increases, the switch to Valmet Automotive and the development of new production lines will lead to increased funding needs of at least €275 million (including expected cash inflow from advance payments from reservations) by the start of production (SOP) in the second half of 2023. The Valmet Automotive facilities in Uusikaupunki allow for the production of a low four-digit volume in 2023, which will be followed by a ramp-up period. After this period, which will likely take a few months, the partners aim to produce approximately 43,000 Sion a year, using one hundred percent renewable energy. Sono Motors currently expects that all production-related greenhouse gas emissions that cannot be avoided along its supply chain, or during the production process of the vehicles, will be fully offset through relevant measures. Valmet Automotive is one of the world’s most sustainable contract manufacturers and is certified as carbon neutral as of 1 January 2022.

Adjusted Prices for New Customers Due to Market Development

As of 31 March 2022, the Sion has over 17,000 direct consumer reservations with an average down payment of €2,390 net. Currently priced at €23,950 net, the company is planning to increase the car’s estimated net price before taxes and subsidies to €25,126 (€29,900 including German VAT) when the reservation number has reached 18,500. Sono Motors is thereby reacting to the latest increase in manufacturing costs, due to higher prices for production facilities and supplier components as well as raw materials, energy, and logistics, whilst keeping current promised net reservation prices fixed. “By adapting our pricing according to the current economic environment, we are able to reflect our increased costs while continuing to offer our customers a completely sustainable SEV at a very attractive price.” says Thomas Hausch, Chief Operating Officer at Sono Motors.

Sono Motors is currently building a fleet of series-validation vehicles in Germany closer to the company’s HQ, ushering in the Sion's testing program. The outer shell of this family-friendly car will consist of 456 seamlessly integrated solar half-cells and will enable self-sufficiency on short journeys. The energy generated by the solar cells will extend the estimated 305 km range of the Sion's 54 kWh LFP battery by an average of 112 km (up to 245 km) per week. Commuters in metropolitan areas will have to charge their Sion up to four times less than conventional electric cars of the same vehicle class with a similar battery size. Bidirectional charging technology complements the car’s solar integration and is designed to turn the Sion into a sustainable power plant on wheels that will be able to power electronic devices, the home or other electric cars with an output of up to 11 kW.

ABOUT VALMET AUTOMOTIVE
The Valmet Automotive Group is one of the largest vehicle contract manufacturers in the world, Tier 1 systems supplier for convertible roof and kinematic systems and for battery systems. In its strategic development, Valmet Automotive Group focuses on electromobility with the development and manufacturing of battery modules as well as packs for electrified vehicles. The activities in the group are organized in three business lines: Manufacturing, EV Systems and Roof & Kinematic Systems. Since its founding in 1968, Valmet Automotive has produced more than 1.7 million vehicles at the Uusikaupunki, Finland plant. In Salo, near the Uusikaupunki plant, Valmet Automotive opened its first volume production of battery systems for the automotive industry in autumn 2019. The company has locations in Finland, Germany, and Poland. Valmet Automotive’s largest shareholders are state-owned Finnish investment company Tesi and the Pontos Group, each with a stake of 38.46 %. 23.08 % is held by the Chinese Contemporary Amperex Technology Limited (CATL), the world leading manufacturer of battery cells for electric vehicles.

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.

Photocredit drone shot: © Lentokuva Vallas Oy
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https://sonomotors.com/en/press/press-releases/sono-motors-to-produce-sion-at-valmet-automotive/ Sono Motors
2022-03-31T14:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Technology Used for Munich’s First Solar Bus — MVG to Put Solar Bus Trailer Into Operation
  • Sono Motors Innovative Solar Technology for Buses Is Used in Real Conditions in Munich for the First Time

  • Solar Bus Trailer for the Münchner Verkehrsgesellschaft (Munich Transport Company, MVG) to Reduce Local CO2 Emissions by Over 6.5 Metric Tonnes per Year per Vehicle, Thus Supporting the City of Munich’s Clean Air Targets

  • Further Benefits Include Fuel Savings of up to 2,500 Liters of Diesel per Year, Stabilization of Energy Supply and Extension of the 24V Battery Life, as Well as Reduced Maintenance Costs

  • 20 Semi-Flexible Special Solar Panels Provide a Total Output of Over 2,000 Watts

  • Sono Motors and the MVG Present the Novel Solar Bus Trailer Alongside Munich’s Vice Mayor Katrin Habenschaden

31 March 2022 – Sono Motors, the company that aims to revolutionize the future of solar-powered transport, is launching its proprietary solar technology to public transport for the first time in partnership with the Münchner Verkehrsgesellschaft (Munich Transport Company, MVG). The novel solar bus trailer will hit the roads in the Munich metropolitan area in the near future, testing the energy yields as well as the potential of the technology in daily operation. Offering possible savings of up to 2,500 liters of diesel per year and an annual local CO2 saving potential of more than 6.5 metric tonnes per bus, Sono Solar Technology contributes to climate protection and the reduction of inner-city greenhouse gas emissions.

20 semi-flexible special photovoltaic (PV) modules provide over 2,000 watts to power the vehicle’s battery and electrical loads such as heating, ventilation, and air conditioning, as well as the trailer’s steering system.

“The partnership with MVG illustrates the enormous potential of our unique solar technology, which is now being used for the first time in the company's history on public transport. This is a milestone in Sono Motors’ mission to make every vehicle solar”, says Laurin Hahn, Sono Motors co-founder and CEO. “Especially in times of rising energy prices and increasing urban area emission regulations, our solar technology offers great added value for public transport operators. City buses and coaches, whether electric or diesel-powered, offer a lot of space and are out on the road every day. The first solar bus trailer for MVG will hit the streets of Munich in the future and allow MVG passengers to experience solar mobility in daily use,” Hahn continues. 

High CO2 Saving Potential Thanks to Powerful Solar Technology

The CO2 saving potential of solar-powered vehicles and their contribution to urban air pollution control and climate protections are promising. For a medium-sized fleet of around 300 buses, calculations show the possibility of savings of up to 2,000 metric tonnes of CO2 per year. Further increases are conceivable in the future, as both the solar cells and the power electronics are expected to become more efficient. This solar solution’s so-called ‘CO2 backpack’, i.e., emissions caused in production, amounts to a one-off of approximately 1.5 metric tonnes of CO2 per bus or bus trailer and could be offset after a short runtime of just less than one year.

Over 2,000 Watts of Power to Improve the Energy Balance

The solar technology was developed and tested specifically for use on buses. The concept for the customized solar bus trailer was developed in collaboration with MVG to ensure maximum space utilization and efficiency. In addition to the robust solar installation, which is optimized for vehicle integration, this also includes electrical integration by means of the power electronics developed by Sono Motors (MPPT central unit), called MCU. The solar charge controller has an intelligent algorithm that optimizes the PV modules’ energy yields.

Due to the ultra-fast optimization in the millisecond range and the multi-channel system, the PV yields can be transferred to the battery of the bus in the best possible way. The modules cover a total area of twelve square meters and supply the 24 V battery with over 2,000 watts. In this case, the solar energy generated in this way is used to operate the HVAC system (heating, ventilation, air conditioning) and to support the trailer steering system. In addition to saving diesel, the additional electricity ensures the stabilization of the battery's energy supply, thus extending its service life and reducing maintenance costs. The energy generated can be monitored online using the integrated software.

Veit Bodenschatz, Managing Director and Head of Bus Division of the MVG says, "the photovoltaic system on our bus trailer now allows us to test under real conditions how well the power generation works and whether there are perhaps routes in our network that are better suited than others for this type of power generation. The question of what energy savings can be achieved by using solar energy are, of course, particularly exciting against the background of current fuel and energy prices". 

Range Extension for E-Buses Possible

Sono Motors' patented solar technology has been developed so that it can be integrated and licensed into a wide range of vehicles. "When e-buses are factory-equipped with our solar technology, additional range can immediately be generated through solar energy on the roof and sides. This not only reduces the standstill times for charging processes, but also protects the battery through a constant charging process. As a result, the e-bus can be operated longer," explains Hahn.

Presentation of the Solar Bus Alongside Munich Vice Mayor Katrin Habenschaden

Munich's vice mayor, Katrin Habenschaden, was a guest at the presentation and press conference on 31 March at MVG's west depot in Munich Laim.

Katrin Habenschaden, “We need a change of course in the transport sector. Transport still misses the climate protection targets by a very wide margin, and this also has a direct impact on air quality in Munich. The solar buses can be a cornerstone in this urgently needed change towards climate-friendly mobility. I am convinced by the idea, as a lot of fuel can be saved here, and CO2 emissions can be significantly reduced. We are already working with MVG to completely convert our bus fleet to electric drives. Harnessing the power of the sun is of course even more sustainable and I hope that this pilot project will show that we can also extend the range of the e-buses using solar energy. I am particularly pleased about this cooperation with our MVG that such an innovative idea comes from a Munich-based company."

After technical approval by supervisory authorities, the bus trailer will go into regular service and be experienced by all Munich residents.

Sono Motors has already signed more than ten LOIs and contracts with companies such as MAN, easymile or ARI Motors since the beginning of 2021. 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. The technology is suitable for integration into existing vehicles as well as production-ready development and integration into new vehicles during the production phase. 

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.

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https://sonomotors.com/en/press/press-releases/sono-motors-technology-used-for-munichs-first-solar-bus/ Sono Motors
2022-03-14T14:20:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Enters Series-Validation Phase
  • Components, Vehicle Parameters and the Final Sion Design Have Been Defined

  • On Track With the Ongoing Construction of 37 Sion Series-Validation Vehicles and Bodies in White

  • Vehicles Serve to Further Test, Validate and Certify the Sion, as Well as Optimize Sono Solar Technology

  • The Completion of This Test Fleet in Summer 2022 Sets Sono Motors on Course for Planned Series Production Next Year

14 March 2022 – Sono Motors, the company that aims to revolutionize the future of solar-powered transport, is currently building a fleet of series-validation vehicles, ushering in the Sion's testing program. These cars consist of series components and correspond to the planned final design, which was established at the beginning of the year (2022) alongside completion of the 2nd generation prototype program and the accompanying definition of components as well as vehicle parameters.

In the coming months Sono Motors will be undertaking testing, validation and certification of the Sion, until the first affordable solar electric vehicle (SEV) for the masses rolls off the production line, expected next year. The test cars will undergo uncompromising practical tests under extreme conditions in Europe and the U.S. This includes testing in different climates, optimizing our solar technology and safeguarding, as well as refining driving dynamics on test tracks and on public roads in addition to crash tests.

“The start of the series testing phase is yet another step on our way to climate-friendly mobility of the future. Getting from the first concept in a garage to this point was only possible with hundreds of engineers working tirelessly every day on both the Sion and our Sono Solar technology. The fleet of validation vehicles now follows our successful 2nd generation prototype program and paves the way for planned series production next year” says Jona Christians, CEO and co-founder of Sono Motors. The fleet of 37 vehicles (generation 3) consists of 16 complete cars and 21 test structures. The public debut for the Sion’s final design is planned for the summer of 2022. Then some of the series-validation vehicles will most likely additionally go on a Europe-wide test drive tour.

Sono Motors will be supported by thyssenkrupp Automotive Body Solutions and Betrandt in series-validation vehicle production. Markus Volmer, CTO of Sono Motors says, "both partners have not only extensive expertise in automotive engineering but also the necessary infrastructure and capacity to produce our test cars quickly and with high quality. Thus, we are on track for the Sion testing." As an expert in integrated body construction solutions, thyssenkrupp Automotive Body Solutions is responsible for the production of the aluminum space frame. Bertrandt impresses with decades of experience in the field of integrated vehicle development and is responsible for the assembly of the Sion test fleet in Munich.

At an estimated sales price point of just 28,500 euros gross, the Sion will be the first affordable SEV. The outer shell of this family-friendly car will consist of 456 seamlessly integrated solar half-cells and will enable self-sufficiency on short journeys. The energy generated by the solar cells will extend the range of the Sion's 54-kWh LFP battery by an average of 112 km (up to 245 km) per week. Commuters in metropolitan areas thus ideally have to charge their Sion four times less than conventional electric cars of the same vehicle class with a similar battery size. Bidirectional charging technology complements the car’s solar integration and is designed to turn the Sion into a sustainable power plant on wheels that will be able to power electronic devices, the home or other electric cars with an output of up to 11kW.

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.

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https://sonomotors.com/en/press/press-releases/sono-motors-enters-series-validation-phase/ Sono Motors
2022-03-11T11:00:00+01:00 2023-12-27T03:29:40+01:00 A Community Company — Supporters Decide on New Sono Logo

In our survey the week before last we asked you to vote for the logo of your choice. And vote you did! 18,462 people participated in the survey – more than in any other community survey before – and decided the look of the new Sono Motors brand logo. There were three variants to choose from, and the clear winner was:

results logo survey

The new logo of Sono Motors is a logical continuation of the previous one; an evolution, so to speak. While retaining all the good things about the previous logo – minimalist design, a sun symbol, simplicity – the update adds some energy and vitality. The typography is very similar to the current logo; however, we did soften those sharp edges a bit. It looks friendlier now, more inviting.

The new Sono Motors logo system.

And of course, the Sion will also bear the new logo. Thank you so much to everyone who shared their vote with us. We want to continue as an enterprise which actively involves its supporters and values your opinion, not just concerning the design of the Sion but the brand as a whole.

Sono Motors

Sono as a Community Enterprise

Ever since Jona, Laurin, and Navina founded Sono, we have pursued an approach to product design which is different from that of many traditional car manufacturers. With the crowdfunding campaign started by our founders in 2016, interested parties, reservation holders, and backers have been included in various design-related decisions from the start. The motto: “Sion. A Solarcar for everyone.”

The Sion’s design looked a little different back in 2016

“When we told Navina about the project, Jona and I had already spent four years building the first concept car completely on our own. That was when we had the idea to try crowdfunding. Through crowdfunding, we wanted to find out whether there were people out there who shared our vision. Fortunately, we found exactly those people,” says founder and CEO Laurin Hahn with regard to the start of the campaign in 2016. In total, the three of them raised more than 800,000 euros, exceeding their own expectations by far.

Without the enthusiasm of the many people who provided financial backing to that small project by making a reservation, Sono would not exist in its present form. Therefore it went without saying for Jona, Laurin, and Navina that these people should also have a say in the design of the Sion in some form.

From the Road to the Workshops and Back Again

Even as we designed the first prototype back in 2017, we kept involving our growing community through surveys. That way, we received a lot of suggestions and ideas about the further development of the Sion. Our team worked a few very intense night shifts in order to translate all those suggestions into the model. The result was presented to the world on July 27 in Munich.

The SVC1 is revealed to the world at the technology center in Munich

But that was only the beginning. During the subsequent test tours across Germany, Austria, Switzerland, the Netherlands, Italy, and France, we not only collected more and more feedback but we also established close connections with our reservation holders that are still going strong. We developed a feeling for which aspects mattered to the community and which ones didn’t. More than 18,000 people have test-driven our prototypes so far, and their feedback has shaped the development of the Sion – for instance, in our car clinic in Memmingen, Germany.

A test group is preparing for their test drive

Like we did now with the question about the new logo, we have always directly involved our community in the past few years with the help of surveys. Should the Sion be a five- or six-seater? What color should the car be: black or white? What color rims should we use? How much charging power? What type of headlights? What are the requirements of the infotainment system? The real-time data we receive from surveys makes it possible for us to rethink the automotive design process and to directly incorporate the community feedback in the development.

Some examples of adjustments made in the last few years

Of course, we weren’t always able to incorporate everybody’s wishes and ideas. But still the community’s opinion has been a key influence not only on the design but also on Sono as a company. That was also one of the reasons why we decided to create a job within the company which represented our community. After putting out the call, we received around 400 applications for that post, and the community ultimately chose Sebastian Böttger as their representative.

After our IPO last November, Sebastian was also appointed to the Sono Supervisory Board, where he represents the community and its interests. He is also a frequent guest in our live streams, posing community questions to our experts. Sebastian’s voice is very important, and he is a valuable sparring partner within the company.

Sebastian at the first SVC2 test drive last spring

We are very grateful for our special relationship with our community. It is an integral part of our company, and we would never have made it this far without it. Together we designed a vehicle which is customized to the wishes and requirements of the people who have always supported its development. We will definitely continue to find ways to involve our community in the development of the company and its products in the future. After all, Sono is, and always will be, a community enterprise.

If you want to read more about what our community has to say about us, come and visit this website. We have collected various opinions and some information about this part of our company there. Have fun exploring!

]]> https://sonomotors.com/en/blog/a-community-company-supporters-decide-on-new-sono-logo/ Julius 2022-02-10T08:00:00+01:00 2023-12-27T03:29:40+01:00 Forming the Future of Solar Technology

Since 2021, a growing team of experts have been working away building, designing and fine-tuning everything from solar integration projects to exhibition stands just a stone’s throw from Sono HQ. At CES in the same year, we presented our solar trailer to showcase our Sono Solar team’s continued work towards making every vehicle solar and to kick-start collaborative B2B projects and testing with a wide range of companies from the transportation sector. 

To make progress on this, we needed to put our expertise and energy full force into testing and improving our solar technology. In order to do this we set up a team with diverse skill sets to work alongside our engineers. The space we find ourselves in, in today’s interview, was where this all took place. We spoke to workshop supervisor Johannes, to answer all our questions about the capacious work space where all the magic happens.

Johannes, workshop supervisor at Sono Motors

Lucy: Hi Johannes, thanks for taking the time out to talk a bit about all things workshop. Could you give our readers a brief introduction of yourself?

Johannes: Hello Lucy, thanks for coming to see us over here. Yes of course: my name is Johannes. I am the workshop supervisor and a trained automotive mechanic. I’ve had the classic career in my field, you could say, having worked in various roles at various automotive companies refining my skills, as well as as a paramedic. So, when I looked to change, I searched for vacancies in companies where I could feel pride in my work and see it making a difference.

I came across Sono Motors and was really taken by their mission and spirit, and realized that it would be a perfect fit for me. Luckily, Sono felt the same from their side. I joined in 2019 and was basically doing all the jobs that you now see our growing team doing. I was an electrician, automotive mechanic, assembler, constructor all in one.

Lucy: Thanks Johannes, that’s quite a story. When you walk into the workshop you clearly see that there's a lot going on. What exactly happens here?

Johannes: Well, this space is used predominantly for Sono Solar partnership projects and prototype manufacturing. This is where we work on everything that Sono is involved in terms of engineering, homologation, manufacturing, material science, photovoltaic technology, and electrical & mechanical integration. We carry out testing and procedural tasks on all vehicles that come through Sono, be it the Sion or something for a B2B solar customer like buses, trucks, trailers, e-vans and RVs. It all comes through us. We also work in close collaboration with our engineering team every single day. They also have their offices here, so we can all be right in the thick of it together. 

The team consists of experts from different fields and are capable of everything from carpentry and electrics to welding.

This workshop is where most of the physical testing is done, as we need to make sure that what has been designed and engineered by our development team is actually possible in reality. We also work on any construction projects that are needed by the company as a whole, like stand building for exhibitions or tours and, if we have time, we help out with tasks needed at the office itself.

Lucy: Oh wow, that’s pretty diverse. This space seems perfect for this and your team, it’s so close to Sono HQ too. How did this come about, because this is a fairly recent acquisition isn’t it?

Johannes: Well, it’s an interesting story really. When I started in 2019 it was just me in a room smaller than the one we’re in now [author’s note: we’re sat in the 30 sqm upstairs office in the workshop, for readers at home] doing everything that we as a team now do. Both the team and our space have, thankfully, since grown, and we remained there until last year, when we got wind that the workshop just across the road from our HQ used by a top automotive supplier was up for rent.

The workshop is used for various construction projects.

When we moved in we gutted it quite extensively so we would be able to bring large vehicles and equipment in if we needed. It’s really transformed our work and output capacity and we’ve already managed to pack it with the multitude of projects that we’re working on. 

Lucy: That’s a huge difference and really every time I come here there’s always something new or different going on. The two Sion prototypes we currently have here are often in our workshop for development but also a huge range of different vehicles that are linked to our solar B2B collaborations. Can you tell us about one of those and how the process looked?

Johannes: Well, we’ve worked on a lot of different vehicles like buses, trailers, and last-mile vehicles. One of our latest projects involved integrating our solar technology into the cargo box of such a prototype vehicle for ARI Motors to enable range extension, which was displayed at the Intersolar exhibition last year in Munich. Extending range is something that is a clear benefit for solar mobility as it reduces huge costs. For reference, a standard truck does around 1 million km in its life-cycle. 

Last year we presented our newest solar prototype together with ARI Motors.

The integration process involved us being in very close contact with ARI Motors to ensure that we had a complete 360° view of everything that was involved in us integrating this technology. We worked with in-house development and engineering teams to plan how to accomplish this and made sure we inspected the vehicle itself so as to fully comprehend the specific parameters we were working with. 

The ARI Motors prototype in motion at the workshop’s site.

We have had so many different types of vehicles come to our workshop to undergo testing for a huge range of areas that come into play when integrating solar technology. These include the integration methods themselves, as well as heat testing, electrical integration and benchmarking different PV (photovoltaic) technology. This process again involves us working in collaboration with our development and engineering teams. 

Lucy: So your team are involved from start to finish in all vehicle fittings. You get a wide variety of vehicles to fit, like that of ARI Motors, that must make it difficult to come up with a one size fits all approach.

Johannes: Yes, exactly. Every case is different. No two vehicles are the same. All vehicles are designed and specified differently according to their needs. For example on one vehicle the antenna could be at the back, but on another it’s at the front. One has extensive additional electronic systems that require extra power. The list goes on. That’s why when we came up with our procedure, we specified that we needed to be there right from the beginning. 

Janek is a true all-rounder with a lot of experience in solar technology.

We need to examine where to position the PV panels. We need to know how our MPPT unit — the MCU — will be integrated into the existing vehicles’ electronics and how to connect them to the high or low-voltage vehicle battery, to name just a few. Basically, we tailor our installation methods based on the individual project. This type of process flexibility requires a hugely diverse set of skills, so I built the team accordingly. We need each individual member of our team to bring something different to the table so that we are covering all bases. 

Lucy: Your team has come such a long way since you started in 2019. Could you tell me a little bit about its members?

Johannes: Yes, of course. So we have Kristijan, our electrician; Thomas who brings many years experience in model assembly and construction; Janek is a carpenter and has fantastic amounts of experience with solar technology, a real all-rounder. We then have Rouven who has extensive experience with the construction of expedition trucks and solar integration onto vehicles like camper vans. Jakob is our resident automotive mechanic and we recently brought Alexander in to support him, as their workload will be increasing considerably with the latest generation of prototypes as well as multiple B2B collaborations this coming year.

Various types of vehicles are tested in the workshop, for example trucks, vans, trailers and also the Sion prototypes.

Lucy: I can really imagine you mean to go on as you started, so to speak. What are some of the big challenges facing the team in 2022?

Johannes: Well of course we want to continue to grow as a team and really expand our project catalog. As I said, we are in the process of establishing more collaborations, which will involve more travel, equipment and testing. It’s an exciting time and it brings a lot of opportunities for us.

Lucy: That sounds very promising. You’ve built a really solid team with very diverse skill sets. I imagine this is imperative for your work here but that it’s quite a task to find people who fit your needs as well as the culture you want to create here that reflects the company. Would you agree?

Johannes: Yes, absolutely. When I started building this team, it was very important to me that we define what skills we need to really optimize our work, but it was also really important to me that this team be like a family. We work so closely with one another and have to really trust each other because of the physical nature of our job but also working at Sono, we are like a family. Very supportive, very open and very passionate about why we do what we do. I’m so pleased with how our team has turned out and am excited to see where we will progress in the future.

Lucy: Is there any moment that springs to mind when you knew that Sono was right for you? 

Johannes: Well there are a few that were really proud moments for me. I worked on the Crowdfunding campaign just a few months after starting which involved driving all across the country, to a different city every day, and doing buildup and break-down of all our stand equipment as well as any fixes to the vehicles we had back then. It was really great to experience how much people really believed in Sono Motors and its vision. It was really inspiring, but wow was it tiring. Very worth it with all we achieved and the support we received. That’s actually when I knew that Sono was somewhere I could really see myself and a company that I would be proud to work for.

Johannes is a trained automotive mechanic and has been with Sono Motors since 2019.

Lucy: It must be a really great feeling to see dreams become reality in a sense. How do you feel about what the future holds?

Johannes: What’s great for me is that no two days are the same. We are always working on really exciting and ground breaking projects that will enable mobility without the use of fossil fuels. As you can see, we’re leading the way and on the journey to our goal of solar on every vehicle. 

Lucy: What a perfect note to end on. The work you do here is really important and mostly remains behind the scenes, so I’m really glad we were able to shine a light on it today. Thanks so much for taking the time, Johannes. Keep doing what you’re doing!

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https://sonomotors.com/en/blog/forming-the-future-of-solar-technology/ Lucy
2021-12-22T14:03:00+01:00 2023-12-27T03:29:40+01:00 Why Solar Mobility Will Be the Next Big Thing

If we want to get an idea of the mobility of the future, we should begin by looking at relevant works of fiction. Books and movies have always been a medium for people to express their ideas about the future. Be it “Star Wars,” “Blade Runner,” or “The Fifth Element”: The first image that comes to mind when thinking about mobility in the movies is that of flying cars navigating the urban canyons of densely populated megacities – classic sci-fi, in other words.

Another typical motif is self-driving cars as seen in “Minority Report,” “I, Robot,” or the 80’s cult classic TV show “Knight Rider.” What is less common, however, is the idea of solar-powered mobility. Sure, the little trash-compacting robot WALL-E in the Disney movie of the same name recharges his batteries using solar cells, but you would be hard pressed to find solar cars in Hollywood which take people from A to B in a sustainable manner.

Reality, however, looks a bit different. While all three concepts – flying cars, autonomous driving, and solar charging – have been extensively researched and worked on for years, the fiction of integrating solar cells in cars has become a reality since the introduction of the Baker Solar Electric Car in 1955 at the latest. Back then, General Motors engineer William G. Cobb presented his first solar-powered concept car in Chicago. More than three decades later, the aerodynamic design of solar-powered racing cars caused a sensation at the Tour de Sol in Switzerland and in the US, revitalizing almost-forgotten ambitions regarding solar mobility.

Different concepts of solar-powered cars

But why are solar-powered cars still waiting for their big break, both on the silver screen and in real life? Or, in other words: Why should solar integration become the next big thing now, of all times? What inspires companies like ours or Lightyear to build solar-powered cars? These are the questions we are looking to explore in this blog post. Part of the answer can be found in the history of the electric car.

The Electric Car as a Trailblazer

There are a number of reasons why certain technologies are particularly successful at certain points in history. In the late 19th century, electric motors in cars were more common than combustion engines. They were considered more advanced because they were less noisy, produced fewer exhaust fumes, and were more comfortable. But the technological advance of the combustion engine in the early 20th century brought competitive advantages to fuel-powered cars compared to electric cars. Even back then, costs and range were the main factors. Crude oil was available in abundance and hardly anyone wasted a thought on climate change. And thus began the era which we now refer to as the “century of cars.”

But the end of that century brought with it a change of thinking, triggered by new scientific findings in climate research, historical events such as the oil crisis, and technological advances in research. While the combustion engine is still the drive of choice for many Germans, every fifth new car in the country is actually an electric vehicle. These days, electric vehicles help reduce emissions and also the noise level in our cities. And the growing success of electric cars is also thanks to technological advances.

Statistics on the decrease in the price per kilowatt hour over the years

According to the US news outlet Bloomberg, prices for battery packs have decreased by roughly 89 % since 2010. While the price per kWh was 1,191 USD in 2010, it had dropped to a mere 137 USD by 2020. At the same time, batteries improved in terms of energy density. Nowadays lithium-ion batteries provide a better power-to-weight ratio than nickel–metal hydride or lead–acid batteries. And research into electrochemistry is booming.

Electric Vehicles Are the Present. Solar Vehicles Are the Future.

Batteries that offer a higher range for a smaller price – one reason for the success of electric cars and at the same time an important building block for solar-powered cars such as the Sion. A lot has happened in the area of photovoltaics in the past few years, too. Prices for solar cells have dropped as well while cell efficiency has increased.

Graph showing the decrease in prices for solar cells versus the rise in efficiency.

In a much-noticed study in 2020, the International Energy Agency (IEA) identified solar power as the most affordable power source worldwide. Integrating solar cells in cars is therefore a very logical step, but not only in order to make electric cars even more affordable and sustainable. Our models show that the Sion requires less charging than an electric car with the same battery capacity and energy consumption thanks to solar integration.

Statistic: Average commuter has 4x more range with solar integration.

But all of this is only made possible with the right technology. And that is our focus as a company. We have already discussed in detail what makes our solar integration so special in this article. Our patented manufacturing process allows us to integrate safe, lightweight PV modules in the vehicle. They are flexible and can also be adapted to more complex body geometry. Several patents have already been granted, with even more pending. We are confident that we will reach more milestones in the future and be able to further improve the process.

Five generations of solar integration

But there is of course more to our solar integration than just a special manufacturing procedure. There is also the power electronics in the form of the MCU, which makes the utilization and storage of solar power possible in the first place and can be designed for maximum yield thanks to multi-channel technology. Another point is our software, which can provide energy data in real time and is supposed to optimize the energy yield.

The solar team at Sono is very versatile and is working tirelessly on making the various components ready for the market. The expansion of our portfolio to include other vehicle types such as trucks, buses, vans, and boats looks promising as well. Since a solar truck was first presented at the Consumer Electronics Show in January 2021, we have established cooperations with numerous well-renowned manufacturers and OEMs from the fields of transport and logistics and have been able to generate revenue from a few joint projects.

A rising number of companies are interested in using solar integration.

A Bright-Shining Future Ahead

Price, efficiency, technology … the reasons why we cast our lot with solar integration are manifold. And we are not the only ones to do so. The Alliance for Solar Mobility, or ASOM for short, is an alliance of various companies who are looking to help solar mobility rise further towards the top.

The first light electric vehicle with solar integration by ARI Motors is first presented at the Intersolar exhibition 2021

So a lot is happening in the automotive industry – and that is a good thing, both from an economic and an ecological perspective. The ever-decreasing prices for battery and solar cells come with an ever-increasing efficiency. And we must use the right technology to use them.

In an article for the German news magazine Focus, author Michael Förtsch also points out the gigantic potential of solar-integrated cars. According to the PV2Go research project, the 44 million passenger cars in Germany equal a roof surface area of 320 square kilometers. "If only some of these were equipped with solar cells, together they could function as many little solar power plants.”

Our mission: Solar on every vehicle!

Combined with bidirectional chargers and the appropriate wallbox, we are becoming yet a little more self-sufficient, and not just in terms of mobility. That potential must be used, and therefore we declare: solar on every vehicle! And who knows, once solar integration has had its big break on the roads, perhaps it will finally arrive in Hollywood, too. I, for one, would love to see Knight Rider’s car equipped with solar cells.

]]> https://sonomotors.com/en/blog/solar-will-be-the-next-big-thing/ Julius 2021-12-10T12:24:00+01:00 2023-12-27T03:29:40+01:00 IPO, Sono Points, Solar range: the eight most important questions and answers from the livestream

After our successful IPO, five of our experts answered numerous questions from the Community. Viewers voted beforehand as to which topics they didn’t want missed. For those that didn’t have the chance to follow the presentation in real-time or do not understand German, we’ve briefly summarized the most important insights for you.

You can find the entire livestream here (in German only) which, in addition to extensive Q&A sessions, also includes interesting presentations from Torsten (finance), Mathieu (solar), Thomas (Sion), Friedrich (HR) and of course Laurin and Jona. 

1. According to media reports, the head of contract manufacturer NEVS recently said, “we have no production agreements with Sono Motors. They first have to go public and raise money.” Where do we go from here?

An update regarding our Production Partner is available since the 5th April, 2022. Find all information here.

Chief Operations Officer Thomas Hausch shared some production updates

2. Can you present the data that shows the charging performance achieved over a long period in practice? For example a curve that illustrates charging performance in different weather conditions over a day?

The Sion can generate additional range from the power of the sun alone, averaging 112 km per week (max. 245 km in a week of sunny weather). Sion users can almost completely self-sufficiently cover an average work commute and have to charge the car up to four times less often than a conventional electric car. We have created this graphic to illustrate this:

You also can find more information regarding solar integration in other types of vehicles by following this link. These use cases are based on calculations using weather data from our home-base in Munich. As soon as we have more detailed test results, we will of course publish them.

Group Lead Sono Solar Mathieu Baudrit explained the advantages of the solar technology

3. Is it true that in addition to the 156 million US dollars now raised, further funding will be needed up to the start of production?

The IPO enabled us to raise total net proceeds of 157 million US dollars (137 million euros). We are using these funds primarily to finance the development of series-validation vehicles. According to current planning, we need more than 350 million euros until the start of series production. It is therefore correct that we need to raise at least another 200 million euros.

As a listed company, we will now have a greater degree of flexibility to raise further capital on the stock market. There are also a few financing options in addition to this, such as loans or convertible bonds. 

4. What has actually become of the Sono Points? How does the IPO affect these? 

Going public changes basically nothing in terms of the Sono Points. The Points are so-called profit participation rights for Laurin, Jona and Navina’s shares. They continue to hold these shares and thereby want to set an example of how to practice entrepreneurship.

Jona und Laurin spoke about the company’s past and future

Now that we are publicly listed on NASDAQ after the successful IPO, it becomes much easier for the founders to sell a certain number of shares. The profit from this can also be paid out proportionally, after deduction of taxes and costs, to reservation holders with existing Points. For those who would like to learn more about Sono Points, you can find all the important information on our website in the ‘Profit Sharing’ section of our FAQs.

5. Would you really have gone into insolvency in December or did you have a plan B?

As can be read in our prospectus for the SEC, we are, like many young companies, dependent on further financing. It is true, however, that we were very confident in the IPO. The IPO is another milestone on the way to delivering the Sion to our Community and furthering our mission.

6. Have the 10 million convertible loans from the 2020 crowdfunding campaign arrived by now? If not, why?

We received 53 million euros in payment commitments from the 2020 crowdfunding campaign. Of this, 37 million euros have been retrieved. The 10 million euros would have been a convertible loan. This convertible loan has not been retrieved, as we received better conditions through the IPO.

7. Why was no subscription offer made to those with pre-orders prior to the IPO? 

The decision to go public in the USA meant that we could not advertise our IPO in Germany.  We were only allowed to admit investors who invest under SEC regulations. 

For Germany, for example, we would have had to prepare a BaFin prospectus, which was not possible under the circumstances. We decided to go public on NASDAQ, that is to say in the USA, as it is the best thing for the company and therefore also for reservation holders and all other supporters. 

Supervisory board member Sebastian asked numerous questions from the Community

Sono Motors’ shares are now tradeable on NASDAQ. Some brokers and banks allow these shares to be traded in Germany. We can be found principally under the SEV ticker symbol, WKN:A3C7QW, in Germany.

8. How can investors who have acquired shares via Seedrs have them transferred to their share deposit account?

After the IPO, your shares will continue to be held by Seedrs through their broker, currently Cannaccord. All investors who wish to sell their shares, must notify Seedrs. Seedrs will provide further information as soon as the shares are listed and investors can sell the shares. To our knowledge, the existing Sono shares are converted with a factor of 1.71. This should soon be displayed in your individual Seedrs accounts. As is usual with IPOs, there is a 180 day vesting period, i.e you cannot sell your shares within the first 180 days after the IPO.

This text was translated by Lucy Kirmond. 
Please note this version has been edited to reflect the revision of the term used 'next Sion prototype generation'. This was adjusted accordingly on 3 February 2022.
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https://sonomotors.com/en/blog/ipo-sono-points-solar-range-the-eight-most-important-questions-and-answers-from-the-livestream/ Julius
2021-11-26T12:25:00+01:00 2023-12-27T03:29:40+01:00 "That is what makes you unique": Chair of the board Wilko Stark and Vice-Chair Martina Buchhauser about Sono Motors

For companies listed on the stock exchange, there are certain structures, duties and tasks for which the supervisory board is responsible. Chair Wilko Stark and Vice-Chair Martina Buchhauser talk in an interview about Sono Motors’ strengths and what challenges the company still has to overcome in coming years.

Julius: Hello Wilko, hi Martina. I’m glad that we were able to meet today. Could you possibly introduce yourselves to our readers?

Wilko: Thank you for having us! My name is Wilko Stark and in the future I will be acting as Chair of the Sono Motors’ Supervisory Board.

Martina: Pleased to meet you! I am Martina Buchhauser and am the Supervisory Board Vice-Chair, as well as a member of two of the respective Supervisory Board committees.

Julius: A warm welcome to you! You’ve both been working in the automotive industry for a very long time and have broad expertise in your respective fields. Can you briefly outline your respective career paths?

Martina: I started my career at Opel, which was still part of General Motors at that time. Over the years, I made a significant contribution to the development of component and organizational globalization, also at the HQ in the USA. At MAN I had overall purchasing responsibility for trucks and buses and at BMW I was responsible for interior and electrics/electronics as well as in-house seat and instrument panel production. Until recently, I was Chief Procurement Officer and part of the Board of Volvo Cars in Sweden. There, I was primarily involved in the transformation to sustainable electromobility and the associated battery capacity assurance, competitive costs, and a responsible and CO2-reduced supply chain.

Wilko: I started my career at the Boston Consulting Group. I thereafter worked for Volkswagen AG as head of product planning, and later as product lead at Seat S.A in Barcelona. In 2012. I moved to Daimler AG as product and module lead Daimler Trucks. In 2013. I became head of Daimler Group strategy as well as product planning Mercedes-Benz cars. In 2017, I added responsibility for the CASE (connected, autonomous, shared, electric) activities as well as new e-vehicle planning at Mercedes-Benz cars. I was then, in 2018, appointed to the divisional board for Mercedes-Benz cars for purchasing and supplier quality. In the meantime, I am an active member of supervisory boards in several companies with a focus on renewable energy, e-mobility and automotive. In that respect, I am very happy to support Sono Motors’ mission in this way.

Julius: These are both very impressive career journeys. Both of you have had a lot of contact with e-mobility. We are of course delighted that we were able to win you and your expertise for the supervisory board. How did you become aware of Sono Motors and what sparked your interest?

Martina: I was made aware of your by a long-term business partner. When you’ve been working in a field for a very long time, like I have, then you are naturally always on the look for new challenges. We were soon able to get to know one another and I must say that I was inspired by the vision quite quickly. Just to say that we are developing a car primarily from the drive to make sustainability more accessible - that impressed me. I am particularly interested in your approach to reducing complexity, especially with regard to more resilient supply chains. In other words, to outsource what needs to be outsourced, for example vehicle production, but also to develop the car from what really matters to the customer. What are the standards I can use that aren’t differentiated for the customer - keyword: carry-over parts. How can we create more efficient, resource-saving and cost effective solutions, and thereby offer customers an experience that makes the world simpler, more sustainable and more connected for them? I got to know and realised that you simply have a very promising approach in this respect. 

Wilko: I see it similarly, although I also find the individual features of the vehicle very exciting. Similar to Martina, I was brought into contact with you through a business partner, even though I had heard of Sono Motors myself. You, of course, always follow what other competitors are doing and which technologies could become interesting in the future. When it comes to solar cells in vehicles, you can hardly move past Sono Motors. On one hand you have the Sion and on the other the technology itself. I am firmly convinced that electrification will not stop at trucks, trailers and buses — especially when it comes to auxiliary equipment or refrigeration units. It is, needless to say, an advantage if you are able to generate electricity with the right solar technology. That’s what immediately interested me in Sono.

Julius: So on the one hand, the focus is more on sustainable supply chains, and on the other, the novel solar technology. We often emphasize that despite some significant milestones, some hurdles to overcome remain before the Sion’s launch and our technology is ready for series production. Where do you see the biggest opportunities and the biggest risks for Sono?

Wilko: I think what convinced me — and I think I speak for Martina as well — is concurrently one of the company’s greatest strengths: its spirit. Even though Sono is a very young company, it has come so far already. We saw this most recently with the successful IPO. Here it must be said — respect. You have a clear vision and an incredibly strong team that really pulls together. This is the only real way to manage such a massive task.

Martina: Yes, absolutely. This pioneering spirit that drives the founders and the team, that makes the company very unique. That’s exactly what inspires the people out there. You started with a blank canvas. You are not faced with the challenges that having to reinvent oneself brings, like many established companies. It has to be said, the current transformation that the automotive industry is currently undergoing is unprecedented. But you are already one step ahead of the curve. At the same time though, Sono cannot rely on processes that have been perfected over decades. This is, of course, a big challenge. 

Wilko: Exactly. Successfully launching a product on the market is never easy. This is true for every start-up — even in the automotive sector. Industrializing a product, delivering it to the customer and generating demand are definitely challenges that Sono is still to face. You have, however, already done the groundwork in this regard. You have a strong Community behind you that believes in your product, as well as a clear development roadmap.

Martina: And now to the supervisory board, whose members will bring their experience and expertise to meet this challenge head on.

Julius: Which brings me to my next question: what exactly will your tasks be in the future? 

Wilko: For companies listed on the stock exchange, there are certain structures, duties and tasks for which the supervisory board is responsible. First of all, we have a supervisory duty towards the company. Our task is to ensure that all the necessary rules that apply to Sono Motors are complied with. In addition to this is our responsibility to safeguard the interests of the company and the shareholders. 
There are various committees for this, for example an audit committee, in which annual financial statements are reviewed and formally approved. Furthermore, there is a nomination committee. This is where the supervisory board officially appoints management and the board members and also discusses contracts. In simple terms, a supervisory board is a control body that approves and monitors corporate strategy and financing frameworks.

Julius: That means Sono particularly benefits from your expertise here?

Wilko: Of course, we want to provide advice and support. Operationally, the board of directors is responsible. 

Martina: In addition to what legal regulations generally require of a supervisory board, we want to contribute our respective backgrounds and also act as sparring partners for management. After all, the corporate strategy is supposed to be sustainable and, above all, long-term. I think that here the supervisory board brings a lot of experience to the table, especially with a team in the industry that has never worked together in this way. We can complement each other very well here and work together to ensure that the ambitions that Sono Motors has as a company also become a reality.

Wilko: All the members of the supervisory board are already very excited to work with one another. In addition to the two of us, this also includes Sebastain Böttger as the Community representative, Robert Jeffe as Audit Chair and Johannes Trischler as employee representative.

Julius: And we are so happy to have you on board. Thank you for your time! We are all very excited about the future together.

In addition to the official press release, you can also find an overview of the other Supervisory Board members and the various committees here
This article was translated by Lucy Kirmond. 
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https://sonomotors.com/en/blog/blog-wilko-stark-martina-buchhauser-about-sono-motors/ Julius
2021-11-25T10:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Introduces Supervisory Board
  • In Addition to Automotive and Financial Experts, the Five-Member Supervisory Board Is Made up of Community and Employee Representatives

  • Wilko Stark Takes Over as Chair of the Supervisory Board. Martina Buchhauser Becomes Vice-Chair

Munich, Germany – 25 November 2021 – Sono Motors, the company that aims to revolutionize the future of solar-powered transport, today introduced the members of its Supervisory Board. The recently listed company’s five-member supervisory board includes independent automotive and financial experts as well as Community and employee representatives. In addition to the Chair Wilko Stark and Vice-Chair Martina Buchhauser, Robert Jeffe, Sebastian Böttger and Johannes Trischler join the Sono Motors’ supervisory board.

“By going public, we have come even closer to our goal of equipping every vehicle with solar and delivering the Sion to our Community. Our board of international industry experts and representatives of our key stakeholders — our Community — will help us achieve our mission,” says Jona Christians, CEO and Sono Motors Co-Founder. “We have appointed proven experts to our supervisory board who also have strong expertise in the areas of mobility, automotive, digitalization and corporate governance. We are pleased to have the supervisory board at our side as we take our next big step and move Sono Motors forward as a leader in the field of solar mobility.”  

  • Wilko Stark: former member of the Divisional Board of Management Mercedes-Benz Cars, Purchasing and Supplier Quality, former Product Strategy Lead, VW AG  
  • Martina Buchhauser: former Chief Procurement Officer and management board member, Volvo Cars
  • Robert Jeffe: Director and Chair of the Audit Committee, Associated Bank Corp as well as Senior Partner at BlackWatch Advisors LLC
  • Sebastian Böttger: Founder and CEO, NeLeSo GmbH, Community representative
  • Johannes Trischler: Senior Legal Counsel, Sono Motors GmbH, employee representative

“It is a huge privilege to be the chair of the Sono Motors’ supervisory board at this exciting time and to be an active part of their vision” says Wilko Stark. “I truly believe in Sono Motors’ mission,” adds Vice-Chair Martina Buchhauser. “I am very much looking forward to supporting the team with my experience in making sustainable and innovative mobility accessible to all.”

Board member biographies can be found here

FORWARD-LOOKING STATEMENTS

This press release may include forward-looking statements. The words "expect", "anticipate", "intends", "plan", "estimate", "aim", "forecast", "project", "target" 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. 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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https://sonomotors.com/en/press/press-releases/sono-motors-introduces-supervisory-board/ Sono Motors
2021-11-19T23:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Sono Group N.V. (NASDAQ: SEV) (parent company to “Sono Motors GmbH”, “Sono Motors” or the “Company”) announced today the closing of its initial public offering of an aggregate of 11,500,000 common shares at a price to the public of $15.00 per share, including the full exercise by the underwriters of their option to purchase up to 1,500,000 additional common shares. The net proceeds from the offering to the Company, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, were approximately $156.1 million.

The common shares began trading on the Nasdaq Global Market under the symbol "SEV" on November 17, 2021.

Berenberg acted as sole global coordinator for the proposed offering. Craig-Hallum acted as co-manager for the proposed offering.

A registration statement on Form F-1 relating to these securities was previously filed with the SEC (File Number: 333-260432) and declared effective by the SEC on November 16, 2021. Copies of the registration statement can be accessed by visiting the SEC website at www.sec.gov. This offering was made only by means of a prospectus. A copy of the final prospectus relating to the offering may be obtained from: Berenberg Capital Markets LLC, Attention: Investment Banking, 1251 Avenue of the Americas, 53rd Floor, New York, NY 10020, or by telephone at +1 646 949 9000, or by email at prospectusrequests@berenberg-us.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release may include forward-looking statements. The words "expect", "anticipate", "intends", "plan", "estimate", "aim", "forecast", "project", "target" 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. 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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https://sonomotors.com/en/press/press-releases/sono-motors-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares/ Sono Motors
2021-11-18T15:45:00+01:00 2023-12-27T03:29:40+01:00 Community Superadvisor Sebastian poses the most important questions about going public

It’s done. Sono has leapt over another huge milestone on the journey to getting the Sion on the road with news of its IPO (initial public offering). Of course, this development didn’t happen overnight. Months of preparation have gone on behind the scenes. You can see that the first documents were prepared months ago on the SEC, US Securities and Exchange Commission, homepage.

In recent weeks, Sono has resolved some of the major issues necessary to be able to succeed on the stock exchange floor:

  1. Technology within the Sion has been updated to make it even more state-of-the-art. The addition of the new 54 kWh battery, its increased charging capacity and full solar integration give the Sion a massively high competitive advantage.
  2. The overall plans were updated and coordinated with the involvement of all stakeholders, which makes them both resilient and reliable.
  3. The price was adjusted to better reflect the break-even point. As a member of the Community Advisory Board, I am particularly pleased that the old price could be maintained for all existing reservation holders.

The IPO will enable the company to raise the financial means to initiate the Sion’s final development phase. The Sion project is now in a better position than ever before. This means that Sono is now entering into the next phase of its development as a company. Here, too, lie many new and major challenges and risks to overcome:

  1. Building several prototypes in manufacturing is one thing. Now series production in Trollhättan has to be prepared.
  2. 11 series-validation vehicles must prove by summer 2022 in the safeguarding and development that clean preliminary work has been done.
  3. As a company, Sono has to build new structures and manage rapid growth. A large number of new employees will be needed to get the vehicle on the road and into the hands of the customer.

In recent years, many automotive start-ups have failed at precisely these steps. Some, like Tesla, BYD and Weltmeister, have succeeded. They provide the blueprint for how these steps can be taken.

Many of us reservation holders have a lot of questions. Since the announcement of the IPO, I have received countless emails about this. Unfortunately, as an "insider", I was not allowed to give any answers. All the more reason for this blog. I had the opportunity to talk to Torsten Kiedel - Chief Financial Officer (CFO) of Sono Motors - about the IPO. I have collected the most important eight questions and answers in this blog post. Happy reading!

Sebastian: Hello Torsten, thanks for taking the time! Sono went public! Congratulations!

Torsten: Hi Sebastian, thanks very much! I’m really pleased that we have this opportunity to discuss this new development with one another!

Sebastian: But before we get stuck into the big questions, tell me, how are you doing after this huge announcement?   

Torsten: I'm doing great, I'm very happy that we could take this step together. 

Sebastian: I believe you there. Let’s perhaps start with the basics. Why have you gone public? How does sustainability and the goal of having fewer cars on the roads, via sharing, fit in with the steady growth of the stock market? 

CFO Torsten answers Sebastians Questions

Torsten: In essence, there is a very central reason for this. Namely that through the IPO we've raised $156 million to accelerate the next phase of our growth. The IPO helps us on the way to putting the Sion on the road and thus pave the way for climate-friendly mobility.

Sebastian: Why did you decide on the USA and NASDAQ? Wouldn’t European stock exchanges be a more obvious choice?

Torsten: The reasoning behind the USA and for NASDAQ is first of all that the American capital market gives us much more flexibility. American investors are somewhat more open to companies that are still in the so-called early stage, i.e. "pre-revenue". At the moment the Sion is not yet generating sales and there is simply more risk appetite among US investors and therefore also more openness to buy Sono shares or invest in us.  

Sebastian: Sono Motors is then publicly listed. Is there then a risk that Sono will be taken over? Perhaps because other companies have their eyes on both the technology and the expertise?

Torsten: In order to answer that, perhaps a few basic words about going public. This involves issuing additional shares in orders to raise new money.This is a capital increase and not a sale of the founders’ shares or those of other shareholders. The founders continue to hold the majority of the voting rights, which currently rules out a takeover against the will of the founders. 

Sebastian: Okay, I’m sure that reassures a lot of people out there. As you know, I represent the Community within the company. At the end of 2019, when Sono was on the verge of insolvency, many supporters increased their deposits or even reserved new vehicles. In return, they were awarded so-called Sono Points, i.e. the possibility to participate in any of the founders’ future profits. The more Sono Points you have, the larger your share of the total pool and thus potential payout. What happens to these points in the course of going public?

Following the successful crowdfunding campaign in 2019, the team took a tour of Germany and explained the next steps.

Torsten: The Sono Points are a promise from the founders Laurin, Jona and Navina to the reservation holders and to the Community. This has nothing directly to do with the company, but refers to the shares that are held by the three of them. The fact that we have now floated Sono Motors on the stock exchange does not change anything for the time being, because it has no direct impact on the points. The profit participation rights that the founders had earmarked for the Sono Points remain reserved for them.

Since we are now publicly listed on NASDAQ after a successful IPO, it would be easier for the founders to sell certain shares. The profit from this can then also be paid out proportionately, and after deduction of taxes and costs, to reservation holders with existing points.

Sebastian: All right! And what about Seedrs' shares? I myself have shares, as do 4,500 others. Would I then automatically get shares in my securities account?

Torsten: These shares will continue to be managed by Seedrs. In principle, such units can be converted into shares. For further details, please contact the Seedrs team. 

Sebastian: Many Community members have been involved with Sono for a long time.  Going public is, of course, going to mean a lot of change. It will also likely make people who think less about sustainability and more about successful share prices more aware of Sono. Dealing with that could be difficult for many in the Community. I also think that after going public, it’ll be important whether the share price rises or falls - and people want to earn money with that. Will this have an impact on your daily business? 

Torsten: No — we are on the stock market to put the Sion on the road. Whether a future share price then rises or falls is something we, I as CFO, keep a close eye on. However, it doesn’t have a direct impact on the development teams’ day-to-day operations.  Besides, we view our project in the long-term. Short-term price fluctuations are normal and we will not overemphasize them.

Going public is the next step on the way to series production.

Sebastian: Buzzwords — Production and NEVS. The IPO filing lists risks on several pages as well as which contracts have still to be signed. Many people liked the fact that you always stood by NEVS as a manufacturer despite turmoil. Do you have anything to say regarding that?

Torsten: In NEVS, we have found a production partner who shares our vision of future-oriented and climate-friendly mobility. The production conditions at the former cult brand SAAB plant are optimal for us. It has the appropriate production capacities, an experienced team and production using electricity from 100 per cent renewable energies.

NEVS has been our production partner since 2019 and we have been in close exchange ever since, as we are currently. At the moment, the Sion’s production is not affected by the restructuring at NEVS. Production facility preparations for pre-series production in 2022 and the series production in the first half of 2023 are already underway. NEVS has already adapted to the current developments and the capacities required for Sono Motors have not yet been affected by the workforce adjustment.  

Sebastian: Final question. A planned listing in the USA - are we now to imagine Laurin and Jona soon cruising around 5th Avenue in a stretch limo? What has become of our little Munich start-up?

Torsten: Even though it’s quite an amusing thought, I don’t think we have to worry about that. You’ve known the three founders for some years and can judge them well. These are values that don’t suit them at all and that is not what they stood up for. Besides, we still have a long way to go. There’s no time for trips in limos. We will stay right here in Munich and continue to work on getting the Sion on the road and Sono Motors further ahead. We’ve been doing this for over five years now and will continue to do so.

Sebastian: I don’t think I’m worried about that either. Many reservation holders are not just interested in the car, but the idea behind it and the desire to affect change. The IPO was a big and important step towards the goal. So, here once again — on behalf of all reservation holders — congratulations and a huge thank you Torsten. All the best for the future!

Torsten: Thank you Sebastian. Thanks to the Community for their continued support. We’ll, of course, keep in touch!

Read the official press release here.
Please note this version has been edited to reflect the revision of the term used '16 pre-series vehicles'. This was adjusted accordingly on 27 January 2022.
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https://sonomotors.com/en/blog/community-advisor-sebastian-poses-the-most-important-questions-about-going-public/ Sebastian Böttger
2021-11-17T18:00:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors IPO: SEV Starts Trading on Nasdaq

Sono Group N.V. (NASDAQ: SEV) (parent company to “Sono Motors GmbH”, “Sono Motors” or the “Company”), the Company that seeks to revolutionize the future of solar-powered transportation, today celebrates its first day of trading on the Nasdaq Global Market under the ticker symbol “SEV”. 

A pioneer and technological leader in the field of solar-powered electric mobility, Sono Motors continues to pursue its mission to incorporate solar on every vehicle. The Company is starting to monetize its proprietary solar technology for integration into different types of vehicles, including buses, trucks, camper vans, trains, and even boats, thereby furthering its ambition to reduce carbon emissions and to provide clean and affordable transportation for the masses. Their solar electric vehicle (SEV), the Sion, aims to blend innovative solar technology with affordability to enable individual contribution to global sustainability.

The Sono Motors leadership team will commemorate the Company’s listing by ringing the Nasdaq Opening Bell on Thursday 18 November 2021.

Berenberg is acting as sole global coordinator for the proposed offering. Craig-Hallum will act as co-manager for the proposed offering.

A registration statement on Form F-1 relating to these securities was previously filed with the SEC (File Number: 333-260432) and declared effective by the SEC on November 16, 2021. Copies of the registration statement can be accessed by visiting the SEC website at www.sec.gov. This offering was made only by means of a prospectus. A copy of the final prospectus relating to the offering may be obtained from: Berenberg Capital Markets LLC, Attention: Investment Banking, 1251 Avenue of the Americas, 53rd Floor, New York, NY 10020, or by telephone at +1 646 949 9000, or by email at prospectusrequests@berenberg-us.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release may include forward-looking statements. The words "expect", "anticipate", "intends", "plan", "estimate", "aim", "forecast", "project", "target" 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. 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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https://sonomotors.com/en/press/press-releases/sono-motors-ipo-sev-starts-trading-on-nasdaq/ Sono Motors
2021-11-17T04:39:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Announces Pricing of Initial Public Offering

Sono Group N.V. (parent company to “Sono Motors GmbH”, “Sono Motors” or the “Company”) announces the pricing of its initial public offering of 10,000,000 common shares at a price to the public of $15.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 common shares at the initial public offering price. The common shares are expected to begin trading on the Nasdaq Global Market on November 17, 2021, under the ticker symbol “SEV”. The offering is expected to close on November 19, 2021, subject to customary closing conditions.

Berenberg is acting as sole global coordinator for the proposed offering. Craig-Hallum is acting as co-manager for the proposed offering.

A registration statement on Form F-1 relating to the shares being sold in this offering has been filed with the Securities and Exchange Commission and was declared effective on November 16, 2021. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained from Berenberg Capital Markets LLC, Attention: Investment Banking, 1251 Avenue of the Americas, 53rd Floor, New York, NY 10020, or by telephone at +1 646 949 9000, or by email at prospectusrequests@berenberg-us.com.

This press release is being issued pursuant to Rule 134 under the U.S. Securities Act, and is neither an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities law of any such state or jurisdiction.

UK FINANCIAL PROMOTION LEGEND

In the United Kingdom, this press release is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.), or (iii) are persons to whom an invitation or inducement to engage in an investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”). This press release is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this press release relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

EEA LEGEND

In relation to each member state of the European Economic Area, this press release is only directed at any person or entity that is a qualified investor as defined in Article 2(e) of Regulation (EU) 2017/1129 (all such persons together being referred to as “Qualified Investors”) and must not be acted on or relied on by persons who are not Qualified Investors. Any investment or investment activity to which this press release relates is available only to Qualified Investors and will be engaged in only with Qualified Investors.

FORWARD-LOOKING STATEMENTS

This press release may include forward-looking statements. The words "expect", "anticipate", "intends", "plan", "estimate", "aim", "forecast", "project", "target" 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. 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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https://sonomotors.com/en/press/press-releases/sono-motors-announces-pricing-of-initial-public-offering/ Sono Motors
2021-11-09T13:00:00+01:00 2023-12-27T03:29:40+01:00 16,000 Sion: over 1,000 reservations in just a week

What a week! We already have something to celebrate together just days after we announced the planned price increase - reaching 16,000 reservations! We’re so pleased that so many people used the opportunity so quickly. Thank you for your support and trust!

Incidentally, the average Sion payment is around €2,500 net. Were every Sion already fully paid for, the total order value would be around 342 million euros net.

We had originally announced that the price adjustment would take place on 15 November, unless we reach 16,000 reservations before then. As we achieved this in just a matter of days, we have brought the adjustment into effect. For those who reserved on time, the old price still applies, at €25,500 gross. The new price now applies for any new reservations - €28,500 gross.

Sion reservations come predominantly from Germany and the DACH region. Currently, however, we are registering an increasing number of payments from countries like France, the Netherlands, Italy, Spain and Portugal. So, here’s to the next 16,000!

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https://sonomotors.com/en/blog/16-000-reservations/ Julius
2021-11-08T14:30:00+01:00 2023-12-27T03:29:40+01:00 Sono Motors Announces Launch of Initial Public Offering

Sono Group N.V. (parent company to “Sono Motors GmbH”, “Sono Motors” or the “Company”) today announced that it has commenced an initial public offering of 10,000,000 common shares. The initial public offering price is expected to be between $14.00 and $16.00 per share. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 common shares at the initial public offering price. The common shares are expected to trade on the Nasdaq Global Market under the ticker symbol “SEV”.

Berenberg is acting as global coordinator for the proposed offering. Craig-Hallum will act as co-manager for the proposed offering.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: Berenberg Capital Markets LLC, Attention: Investment Banking, 1251 Avenue of the Americas, 53rd Floor, New York, NY 10020, or by telephone at +1 646 949 9000, or by email at prospectusrequests@berenberg-us.com.

A registration statement on Form F-1 relating to the proposed sale of these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release is being issued pursuant to Rule 134 under the Securities Act, and is neither an offer to sell nor the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

UK FINANCIAL PROMOTION LEGEND

In the United Kingdom, this press release is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.), or (iii) are persons to whom an invitation or inducement to engage in an investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”). This press release is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this press release relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

EEA LEGEND

In relation to each member state of the European Economic Area, this press release is only directed at any person or entity that is a qualified investor as defined in Article 2(e) of Regulation (EU) 2017/1129 (all such persons together being referred to as “Qualified Investors”) and must not be acted on or relied on by persons who are not Qualified Investors. Any investment or investment activity to which this press release relates is available only to Qualified Investors and will be engaged in only with Qualified Investors.

FORWARD-LOOKING STATEMENTS

This press release may include forward-looking statements. The words "expect", "anticipate", "intends", "plan", "estimate", "aim", "forecast", "project", "target" 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 concerning, among other things, the Company's results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which the Company operates. The forward-looking statements in this press release are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. 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. Many of these risks and uncertainties relate to factors that are beyond the Company's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of regulators and other factors such as the Company's ability to continue to obtain financing to meet its liquidity needs, changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions. In particular, the Company may determine not to conduct a registered initial public offering in the time frame that it currently expects or at all, due to a number of potential important factors, including conditions in the U.S. capital markets, negative global economic conditions, potential negative developments in the Company’s business, or unfavorable or regulatory developments. 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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https://sonomotors.com/en/press/press-releases/sono-motors-announces-launch-of-initial-public-offering/ Sono Motors
2021-10-28T15:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Reaches 15,000 Reservations
  • To Date, Munich-Based Mobility Provider Sono Motors Has Received Over 15,000 Direct Consumer Reservations, With an Average Down Payment of $3,300

  • Reservations for the Sion, the World’s First Solar Electric Vehicle (SEV) For the Masses, Correspond To a Total Order Value of $385 Million (€321 Mio.)

  • In Addition to Many German Reservations, the Company Has Received Further European Reservations

28 October 2021 – Sono Motors - the German solar mobility provider - has announced the achievement of reaching 15,000 private reservations of its Sion, the world’s first solar electric vehicle (SEV) for the masses, with an average down-payment of $3,300. Even prior to the commencement of production, the company has booked a total order value of $385 million. Currently priced at $25,600 net (€21,400), Sono Motors is planning to increase the net price of the Sion to $28,700 (€23,900) either on 15 November or when the reservation number has reached 16,000 - depending on which occurs earlier.

Pre-orders of the Sion continue to be predominantly placed in Germany and the rest of the DACH (Germany, Austria and Switzerland) region, but the company is also registering increasing numbers from countries such as France, the Netherlands, Italy, Spain and Portugal. 
 

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https://sonomotors.com/en/press/press-releases/sono-motors-reaches-15000-reservations/ Sono Motors
2021-10-22T21:15:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Files Registration Statement for Proposed Initial Public Offering

Sono Group N.V. (parent company to “Sono Motors GmbH”, “Sono Motors” or the “Company”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the “SEC”) for an initial public offering (IPO) for its common shares. The amount of shares to be offered and the price range for the proposed offering have not yet been determined. Sono Motors intends to list its common shares on the Nasdaq Global Market under the ticker symbol “SEV”. 

The offering is subject to market conditions, and there can be no assurance as to whether, or when, the offering may be completed or as to the actual size or terms of the offering. 

Berenberg is acting as global coordinator for the proposed offering. Craig-Hallum will act as co-manager for the proposed offering.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: Berenberg Capital Markets LLC, Attention: Investment Banking, 1251 Avenue of the Americas, 53rd Floor, New York, NY 10020, or by telephone at +1 646 949 9000, or by email at prospectusrequests@berenberg-us.com.

A registration statement on Form F-1 relating to the proposed sale of these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release is being issued pursuant to Rule 134 under the Securities Act, and is neither an offer to sell nor the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

UK FINANCIAL PROMOTION LEGEND

In the United Kingdom, this press release is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.), or (iii) are persons to whom an invitation or inducement to engage in an investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”). This press release is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this press release relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

EEA LEGEND

In relation to each member state of the European Economic Area, this press release is only directed at any person or entity that is a qualified investor as defined in Article 2(e) of Regulation (EU) 2017/1129 (all such persons together being referred to as “Qualified Investors”) and must not be acted on or relied on by persons who are not Qualified Investors. Any investment or investment activity to which this press release relates is available only to Qualified Investors and will be engaged in only with Qualified Investors.

FORWARD-LOOKING STATEMENTS

This press release may include forward-looking statements. The words "expect", "anticipate", "intends", "plan", "estimate", "aim", "forecast", "project", "target" 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 concerning, among other things, the Company's results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which the Company operates. The forward-looking statements in this press release are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. 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. Many of these risks and uncertainties relate to factors that are beyond the Company's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of regulators and other factors such as the Company's ability to continue to obtain financing to meet its liquidity needs, changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions. In particular, the Company may determine not to conduct a registered initial public offering in the time frame that it currently expects or at all, due to a number of potential important factors, including conditions in the U.S. capital markets, negative global economic conditions, potential negative developments in the Company’s business, or unfavorable or regulatory developments. 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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https://sonomotors.com/en/press/press-releases/sono-motors-files-registration-statement-for-proposed-initial-public-offering/ Sono Motors
2021-10-06T18:00:00+02:00 2023-12-27T03:29:40+01:00 Here's the latest news from the Sion's development

Five of our development team experts gave you an update last week with regards to the Sion’s development status. Our CTO Markus Vollmer, Infotainment Director Mitchell Zarders, Serhan Sezer, responsible for crash & safety, Bene Zeilberger for the thermal system, and Leonhard Saibel, Automotive Body Senior Manager. The evening’s overarching topic was the design release. We’ve summarized the most important points from the hour-long livestream for you here.

1. Development Update - Where Are We and What’s New?   

Right at the beginning, Markus made a pivotal point clear. Namely, that the date for the start of production will remain, as previously communicated, as the first half of 2023. We are currently making great strides towards the construction of series-validation vehicles which will be much more sophisticated than the current 2nd generation of prototypes. It will also provide us with insights into areas, like validation, that we still need to fine tune. At this stage, we are so far advanced in development that no more fundamental changes will be made. We’re still balancing things out and have already begun ordering components in parallel. At the end of the current phase we will ensure production feasibility of the various components - in other words, every part installed in the vehicle can be manufactured and assembled in the same way.

Unfortunately, we were unable to release all components by 10 September, as we had originally planned. This is due to various factors. One of the most decisive is the new battery, which required some installation space and other interface adjustments. Another reason is supplier negotiations, which have still to be finalized. We remain, unfortunately, dependent on external factors.

Edit: There is an update regarding the Production of the Sion since the 5th April, 2022. Find all information here.

2. Infotainment

Mitchell then presented various updates regarding the Sion’s infotainment system. All critical components were successfully approved. The necessary parts for the test bench will be delivered on time for 1 December. Thus, all necessary components for the LabCar, i.e. the simulation model, will also be available.

We are currently in the process of expanding the infotainment team in both software and hardware. One current risk, however, is the global chip crisis, which could have an effect on our purchasing. We try to work around this as much as possible by ordering necessary parts as early as possible. Mitchell also presented the exact infotainment system specifications.

Overview of the infotainment system specifications

3. The Body

As far as the body is concerned, Leonhard provided some information for us. The SVC3 3D data will be released as early as this calendar week. The feasibility of the individual parts has been tested and, through various optimization processes, he and his team have been able to successfully reduce weight.

Further optimization processes are still currently pending with regard to crash safety performance. A small drawback comes in the form of the concept for roof module fastening and the sun visor have yet to receive final approval. Supplier negotiations are still pending. This will, of course, be completed by the end of the current development phase at the beginning of December.

4. Crash & Safety

There have also been some developments in the area of crash & safety. One highlight is that so far, the crash simulations have delivered good to very good results. Serhan and his team have successfully adapted the crash targets to the new HV battery as well as carried out low-speed damage risk assessments. This point plays a particularly important part in the insurance rating.

As you already know, the vehicle is now 16 cm longer post revision. On the one hand this accounts for a longer crumple zone and on the other more space for additional hardware. One challenge here is to correctly meet the charging system requirements. In addition, we unfortunately haven’t yet been able to carry out any physical testing- That being said the simulations are incredibly informative for development.

5. The Thermal System

Benne mentions the thermal system’s biggest advantage right at the start. We are able to use a lot of transfer parts here which helps us to ease time pressure with regard to development. The suppliers we have selected are ready for the SVC3 and the current system design is both manufacturable and approved. The larger HV battery also increases the workload in this area, but this is being successfully managed with the help of new colleagues.

One current area of construction lies with the coolant level sensor which doesn’t quite work yet. Therefore, we’re not yet able to read when the coolant needs topping up. We’ll definitely get a handle on this by the time of the series release. This aspect is, however, not critical for the SVC3. For all those who are not yet completely familiar with the current specifications, Bene has created an informative overview.

The Sion

In addition to the points listed here, my colleagues of course discussed and presented numerous other things. We also took a lot of time for questions from our Community. So, if you’ve had a burning question about development you’ve been holding on to for a while, you might find what you were looking for in the final third of the stream.

You can find the complete recording of the livestream on our ‘Sono Motors Community’ Youtube channel. We’re already looking forward to the next round with you!

This article was translated by Lucy Kirmond. 
Please note this version has been edited to reflect the revision of the term used '3rd generation of prototypes'. This was adjusted accordingly on 27 January 2022.
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https://sonomotors.com/en/blog/heres-the-latest-news-from-the-sion-development/ Julius
2021-10-06T07:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Presents Light Electric Vehicle ARI Motors Prototype With Solar Integration at the Intersolar Exhibition
  • First Light Electric Vehicle Prototype From ARI Motors With Solar Integration Premieres at the Intersolar Exhibition From 6-8 October in Munich

  • The Solar Integration on the Cargo Box of the Prototype Will Be Providing up to 450 Watts Peak, Enabling a Range Extension of 20 km on Average per Day

  • Another Premiere: Sono Motors Signs First LOI With a Maritime Boat OEM, Wallaby Boats

6 October 2021 – Munich-based solar mobility provider Sono Motors has presented its newest solar prototype together with ARI Motors at the Intersolar exhibition, Europe’s largest solar exhibition. Sono Motors has installed PV technology on the so-called “ARI 458 Kofferaufbau, L”, a light electric vehicle designed for last-mile delivery and urban transportation in cities, parks, industrial areas or airports. Five photovoltaic (PV) modules made of ultra-thin, chemically-stressed front glass will provide up to 450 watts of energy at peak performance to provide power to the vehicle. The solar integration will give the vehicle a daily average of 20 km of additional range under normal weather conditions in Munich, and up to 48 km at peak weather conditions in summer months. 

“Sono Solar - Sono Motors’ B2B unit - is a one-stop-shop for vehicle integrated photovoltaics (ViPV) and our aim is to make every vehicle a solar vehicle. The Intersolar exhibition is the perfect platform to show our proprietary technology and services and we are very pleased to be able to present existing partnerships and prototypes like the electric ARI transporter,” says Mathieu Baudrit, Sono Solar Group Lead at Sono Motors. “This is especially exciting for us, as this is one of the first commercial vehicles in this segment on the streets with our solar integration,” Baudrit adds.
Sono Motors offers both vehicle integrated photovoltaics (ViPV) and vehicle applied photovoltaics (VaPV) solutions to various modes of transportation. ViPV is the process in which solar energy generation is integrated into a vehicle's body. PV panels are incorporated into parts of the vehicle such as the sides, body panels and fenestration. 

For the cooperation with ARI Motors, the design of the first prototype involves applying PV technology to an existing vehicle. Thus, the VaPV process is used. The five PV modules with 54 solar cells and 90 half cells are applied onto the vehicle’s roof and sides. The whole integration is designed for high efficiency. Therefore, Sono Motors will provide customized PV panels, design the integration layout as well as perform mechanical and electrical integration with their team of engineers in Munich and offer maintenance.

“The solar integration solutions provided by Sono Motors are the perfect fit for our light vehicle box as it enables us to reduce the vehicle’s dependency on charging infrastructure as well as extend its range and reduce costs. We look forward to working with Sono Motors in the future to make our vehicles even more sustainable,” says Thomas Kuwatsch, CFO of ARI Motors.

First LOI Signed With Maritime OEM
Sono Motors also announced a LOI to collaborate with Wallaby Boats GmbH, a commercial boat OEM, to install PV onto their boat “Wallaby 18” which transports personnel and material for offshore windparks. "The company's values around reducing fuel consumption and promoting greener commercial boats are a great fit for Sono Motors' first maritime OEM project,” Baudrit says. PV modules will be installed to provide up to 5,200 Wp of power to the boat. "This collaboration further advances Sono's 'solar on every vehicle' goal and is a clear demonstration of the multiple applications of the company's proprietary solar technology,” Baudrit adds.

Sono Motors Is Exhibitor at Intersolar Exhibition in Munich
Sono Motors will display the ARI Motors prototype as well as its leading solar vehicle integration technology at the intersolar exhibition from 6-8 October 2021, Hall A6, booth 551 – including the whole ecosystem like power electronics and software integration. The proprietary Sono Solar technology can either be integrated on existing vehicles or on new vehicles in production. It facilitates reduction in emissions on diesel vehicles, provides power for cooling units and HVAC (Heating, Ventilation and Air Conditioning), as well as to extend range on electric vehicles.

Sono Solar is led by an international team of experienced engineers and business developers from across the automotive and photovoltaic industries. After signing letters of intent and commercial agreements for future collaborations with companies such as MAN Truck & Bus and EasyMile, the projects with ARI Motors and Wallaby Boats are an addition to the various B2B projects that facilitate the transition of commercial transport to a sustainable future.
 

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https://sonomotors.com/en/press/press-releases/sono-motors-at-intersolar-2021-in-munich/ Sono Motors
2021-10-04T17:00:00+02:00 2023-12-27T03:29:40+01:00 We are at Intersolar From October 6 to 8 2021 in Munich, Germany

At this year's Intersolar from October 6 to 8 in Munich, we will be presenting our solar integration and various application examples alongside the Sion on three days at our booth A6.551 in hall A6. 
The Power2Drive Forum in hall B6 at booth B6.430 will also take place at the trade fair, where we will also contribute our expertise in solar integration on three dates. 

  • Wednesday, 6.10 2:00 pm - 3:00 pm
    "Electric Transformation in Mobility: From E-scooters to E-airplanes" in German.
  • Thursday, 7.10 1:30 pm - 2:30 pm
    "Vehicle2Grid as Game Changer of the New Mobility World" (panel) in English.
  • Friday, 8.10 10:15 am - 11:30 am
    "Mobility Services: Engine for the New Mobility" in German

We look forward to welcoming you at our booth A6.551 in hall A6 as well as at the Power2Drive Forum in hall B6 at booth B6.430 to discuss with you how our technology can be applied to your project.

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https://sonomotors.com/en/blog/sono-motors-at-intersolar-2021/ Sono Motors
2021-09-23T08:00:00+02:00 2023-12-27T03:29:40+01:00 The Sono Wallbox will Get a Regular Cable

After the decision for the Sono wallbox design was decided mid-September, our Community could now finally decide on the cable. There was a choice between a spiral and a smooth cable. Over 1,710 votes were counted and the winner was 72.2%. The regular cable!

The final Cable Design of our Wallbox

Our Sono wallbox, which will be launched in 2023, is significantly cheaper than comparable bidirectional wallboxes. Would you like to be notified when the wallbox can be reserved? Then sign up for our mailing list and we'll let you know as soon as there's any news.

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https://sonomotors.com/en/blog/cable-design-sono-wallbox/ Sono Motors
2021-09-16T06:55:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors to Provide 100 Sion to We Drive Solar for V2G Project in the City of Utrecht
  • Munich-Based Mobility Provider Sono Motors Will Support the City of Utrecht, and Their V2G Efforts With 100 Sion, the World’s First Solar Electric Vehicle (SEV) For the Masses

  • This Project Is One of the First Large-Scale Use Cases of Bidirectional Charging in the Megawatt Range 

  • Sono Motors’ Proprietary Technology to Stabilize Regional Electricity Grids

16 September 2021 - Munich-based mobility provider Sono Motors signed a cooperation agreement for a large-scale vehicle-to-grid (V2G) project in the city of Utrecht, Netherlands, with We Drive Solar. Sono Motors will provide 100 Sion and thereby support the city in its goal of becoming the first metropolitan ecosystem to combine bidirectional charging and car sharing. Sono Motors’ Sion, the world’s first solar electric vehicle (SEV) for the masses, enables V2G use-cases through its 54 kWh battery, unique solar technology, and the bidirectional charging system.

The region of Utrecht is to connect local energy generation via electric vehicles’ smart charging capabilities, the first project of this scale in the world, with 500 bidirectional charging stations available to the public. On top of the energy produced via the integrated solar panels, all Sion will be charged using sustainable energy and will also be able to deliver excess energy back into the grid. The Sion’s discharging power of 11 kW combined with its battery, helps to reduce grid instabilities and the likelihood of blackouts. The 1.1 megawatt peak power provided by the 100 Sion is equivalent to that created by a large PV plant the size of about two football fields.

“This is the perfect project for Sono Motors to further our vision of a world free from fossil fuels as it is a clear demonstration that electric vehicles can support the transition of the energy sector as a whole. We are proud that the technology we develop is able to facilitate such a ground-breaking project, focusing on clean urban living, smart charging and shared mobility” says Jona Christians, Sono Motors’ CEO and co-founder.

“We are very pleased to collaborate with an innovative company like Sono Motors. They are the perfect partner for this venture as they already incorporate the use of solar energy, sharing and bidirectional charging into their product offering” says Robin Berg, Director of We Drive Solar.

Sono Motors, founded in 2016, is on a mission to enable environmentally conscious and affordable individual mobility for all in a world in which all vehicles are solar, shared and forgo the use of fossil fuels. The physical manifestation of this comes in the form of the Sion, a solar electric vehicle (SEV) that is able to not only extend its range by an average of 112 km per week via solar energy converted into electricity via the 248 solar cells, seamlessly integrated into the body of the car itself. This helps the Sion to become more self-sufficient and rely less on the grid. The Sion is also equipped with a 54 kWh LFP-battery that enables the car to travel up to 305 km on a single charge. The energy stored in the battery can also be used to charge or power other electronic devices (up to 3.7 kW) or even electric vehicles (up to 11 kW), as well as supplied to the home or the grid via the bidirectional on-board charger (up to 11 kW).

As part of the city-wide bidirectional charging and car sharing fleet it is planned that 100 Sion will be reserved by We Drive Solar. The aim is to develop this project on a larger scale in further cities and businesses in the Netherlands and other European countries. This is done in conjunction with the We Drive Solar consortium that operates a growing fleet of electric vehicles to be shared, with further deployment into the Utrecht region planned and with LOIs already signed with major OEMs such as Hyundai and Renault.

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https://sonomotors.com/en/press/press-releases/v2g-partnership-with-utrecht/ Sono Motors
2021-09-14T17:00:00+02:00 2023-12-27T03:29:40+01:00 The Design of the Sono Wallbox: A First Result Is Available

On 2 September it was finally time for us to present to you the Sono wallbox. Bidirectional, affordable and perfect for the Sion!

In typical Sono fashion we left the final decision on the wallbox's design up to you and what can we say? The amount of feedback was overwhelming! Thank you so much for your hard work in votig. A total of 6.955 people from the Community took part in the poll. Now a first result is available. We saw a neck-and-neck race between design option no. 4 and no. 6. In the end, design no.6 wins with a total of 26,34% of votes. But, it's best to see for yourself.

The results from our Wallbox survey

We are working flat out on our Sono wallbox, and are already looking forward to its launch in 2023. Would you like to be the first to know when the wallbox can be reserved? Then register to our distribution list here, commitment-free. We will contact you as soon as there is any news.

This is our final Wallbox Design:

Our final Wallbox Design

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https://sonomotors.com/en/blog/design-of-the-sono-wallbox/ Sono Motors
2021-09-03T10:00:00+02:00 2023-12-27T03:29:40+01:00 Inside Sono Motors Event

Thursday 9 September 2021 is the day! We are so excited that, for the first time in Sono Motors’ history, we will share with you what makes us special as an employer, and distinguishes us from many other companies in the automotive industry.

Meet us and find out what Sono culture is all about and how we live it every day; about currently open positions and what is important to us as an employer and as a company.

Date: 9 September 2021

Time: 5.30 pm - 9 p.m

Agenda:

  • 5:30 pm - 6:00 pm: Arrive & covid-19 check-in, get orientated.
  • 6:00 pm - 7:00 pm: Meet hiring managers, HR and other Sono Culture Ambassadors
  • 07:00 pm - 8:00 pm: Open panel discussion: "What makes Sono, Sono - sharing insights." * by Jona Christians (Founder and CEO), Friedrich Wolf (Head of HR and Organisation), Mitchell Zarders (Director Infotainment) and Julia Varga (Head of Culture)
  • 08:00 pm - 09:00 pm: Your questions, our answers.

*discussion will take place in English

_______________________

Important for your visit:

FFP2 masks are mandatory at our events.

Please also note the 3G rule:

We need one of the following proofs from you upon arrival:

  1. A negative test result (via rapid test 24h, PCR test 48h)
  2. A vaccination certificate (via app or vaccination card)
  3. Proof of recovery

Important: Please only come to your appointment if you feel healthy and have no symptoms. Also, if you had a risk contact shortly before the appointment, please cancel the appointment (even at short notice).

Please keep also in mind:

Distance – Please always keep a sufficient minimum distance of 1.5 meters.

Hygiene – Be sure to wash your hands thoroughly and cough/sneeze into the crook of your arm. We will also provide sanitizer at the entrance on site.

Everyday masks – We also ask that you wear a clean FFP2 mask during your visit.

Register to this Event here for free

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https://sonomotors.com/en/blog/inside-sono-motors-event/ Sono Motors
2021-09-02T07:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Launches Its Own Bidirectional Wallbox
  • The Innovative Bidirectional AC Wallbox Is up to 70% More Affordable Than Comparable DC Wallboxes and Thus Makes Vehicle-to-Home (v2h) And Vehicle-to-Grid (v2g) Affordable

  • Bidirectional Charging Enables Use of the Vehicle as a Mobile Power Plant and External Home Storage System, Thereby Becoming an Important Building Block on the Way to 100% Renewable Energy

  • The Integrated Type 2 Charging Cable Allows Charging and Discharging With a Power of up to 11 kW AC 

  • The Community Makes the Final Decision on the Sono Wallbox’s Design

 
2nd September 2021 – Mobility provider Sono Motors is fulfilling the Community’s desire for an affordable wall charging station, suitable for home charging, vehicle-to-grid (V2G) and vehicle-to-home (V2H) with the first bidirectional AC wallbox on the market. This brings the company a significant step closer to its vision of a world without fossil fuels. The wallbox enables the Sion to be used as a mobile power plant and also to feed stored electricity either back into their house or into the grid itself. Homeowners with photovoltaic systems especially save a large amount of money as they are able to use more of their own electricity without having to buy an expensive home storage system. The Sono wallbox charges and discharges the Sion with up to 11 kW via the integrated Type 2 charging cable, and will save up to 70% of costs incurred by DC bidirectional wallboxes available to date. It is already possible to reserve the new wallbox free of charge, delivery is expected to take place with the Sion start of production in 2023.

“We want to drive the future of energy generation and make bidirectional charging possible for everyone”, says Laurin Hahn, CEO and founder of Sono Motors. “In combination with the Sion’s integrated solar technology, the new wallbox represents a breakthrough for bidirectional charging technology, as many homeowners can save themselves the expense of purchasing a new, costly home storage system. This is an important milestone for us on the way to 100% renewable energy”, Hahn continues. 

Sono Motors makes bidirectional charging affordable

Every Sion is equipped as standard with a bidirectional charging system, the specially developed on-board charger (OBC), and becomes a mobile power plant in combination with the Sono app. In addition to powering household appliances and delivering energy to other electric cars, the innovative bidirectional Sono wallbox can also be used to supply the home with the energy stored in the Sion. In contrast to the DC wallboxes previously available, Sono Motors has deliberately opted for an AC wallbox and can thus offer a solution that is up to 70% cheaper. This is possible due to the conversion from direct to alternating current (DC/AC) taking place within the Sion itself and not the wallbox - significantly reducing costs. The final price will be announced before market launch in 2023 and will be in the low 4-digit euro range. The Sono wallbox was developed in collaboration with the German manufacturer Kostal.

A home energy management system (HEMS) controls when the Sion is charged and discharged: the wallbox communicates with the HEMS via various protocols such as EEBUS, Modbus or OCPP. A recommendation as to which HEMS are compatible with the Sono wallbox will be available shortly after its sales launch. The Sono app and Sono infotainment can also be used to set the level of the vehicle’s battery at which discharging can be terminated. This ensures that it always has enough range to cover any mobility needs.

Possible areas of application:

  • Charging station for the Sion:

The Sono wallbox is capable of fully charging the Sion’s 54 kWh LFP battery in up to 5 hours, making it perfect for overnight charging and ensuring a range of up to 305 km. In addition, the Sion can be charged at fast-charging stations at a speed of up to 75 kW (DC) via the integrated CCS interface, i.e. to a charge level of 80% in around 35 minutes. 

  • Vehicle-to-home (v2h):

The vehicle functions as an electricity storage unit and power plant for one’s own home without feeding into the grid. So electricity from the photovoltaic system or the Sion’s solar integration can, for example, be stored in the Sion’s battery during the day and delivered to the house at night.

  • Vehicle-to-grid (v2g): 

The vehicle is directly and indirectly connected to the electricity via a building and the energy stored is fed back into the grid thereby. Instead of switching off wind turbines in times of energy surplus, the excess energy could be temporarily stored in the vehicle’s battery. In addition, interconnection of electric cars can be used to cushion peak loads.  The planned number of over 257,000 Sion will thus become a decentralized mega-storage system and a trailblazer on the journey to 100% renewable energy. 


Community Decides on the Design of the Sono Wallbox 

The design of the first Sono wallbox will be decided by the Community. The reservation holders, over 14,000 in number, have a choice of three different designs. Voting via the wallbox landing page will take place until 13 September or live at the Sono House from 5 -12 September. The Sono House is a press and Community event at Sono Motors’ HQ in Munich, and will take place simultaneously with the IAA.

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https://sonomotors.com/en/press/press-releases/sono-motors-launches-bidirectional-wallbox/ Sono Motors
2021-09-02T07:00:00+02:00 2023-12-27T03:29:40+01:00 We’re Developing a Bidirectional Wallbox - How It Looks Is up to You

While some of our readers are already familiar with the topic, perhaps they have already installed a corresponding device themselves, for others it’s still new territory. We are, of course, talking about wallboxes, also known as wall-mounted charging stations. In principle, these are small charging stations for electric cars, mounted onto house walls or columns.

These then take over the vehicle’s connection to the power grid and communicate the available current strength for charging to the vehicle’s internal on-board charger. This guarantees that the car’s battery can always be charged with the maximum power available, thanks to a Type 2 charging cable.

This enables charging power of up to 11 kW, almost five times as much as via a conventional household socket. Sounds extremely useful, especially for homeowners. Wallboxes can be a great complement to charging infrastructures that are often still weak, especially in rural areas. There are already a lot of models on the market. So why then are we developing our own now? The answer lies in the magic word ‘bidirectional’, i.e. the ability not only to deliver electricity but also to feed it back into the grid. Wallboxes of this kind already exist, but remain very expensive. Bidirectional wall-mounted charging stations can cost up to €6,000, depending on the model, features and manufacturer. In addition, there are the installation costs, which are highly dependent on the effort required for installation. These usually range between €400 and €2,300.

The Energie Revolution – Right at your Front Door

So much for walboxes’ general functionality. But, which applications are actually possible? How much cheaper will the Sono wallbox be? In order to find the answers to these and other questions, I asked my valued colleague Tilmann Laux for his help. As product manager at Sono, he is responsible for the customer experience around the topic of bidirectional charging and oversees development of the Sono wallbox.

Julius: Tillmann, to put it simply — what distinguishes our wallbox from other models?

Tillmann: Two things are crucial here. Firstly it is a bidirectional wallbox. That means that it not only relays electricity from the grid to the Sion, but can also relay electricity stored within the Sion itself — to the home or national grid, for example.

Secondly, our model is not a DC bidirectional wallbox, but an AC bidirectional wallbox. Until now, only DC bidirectional wall-mounted charging stations have been available. These have an inverter installed to convert alternating current into direct current. However, since we have deliberately developed the Sion so that it can deliver alternating current, we do not need an inverter in the wallbox and can therefore massively save costs here. This is expected to make our model up to 70% more affordable than DC devices.

Julius: What role does the wallbox play in the range of features offered by the Sion? 

Tillmann: First and foremost, it is a device that makes it possible to use the Sion as a home storage system. The Sono wallbox enables the Sion to deliver electricity to a building. We are then talking about so-called vehicle to X applications

Julius: So more than just a car?  What applications does the wallbox enable?

Tillmann: Our current focus is on the topic of vehicle-to-home (V2H). The electric vehicle is used as a mobile electricity storage unit for a building that is connected to the public grid. For instance, surplus electricity from a rooftop photovoltaic system that cannot be consumed in the house, can be temporarily stored in the vehicle’s battery. At times when the PV system is generating no or little electricity, this stored electricity can be then taken from the Sion again to supply the house with energy.

If we take a look into the future, the topic of vehicle-to-grid (V2G) will play a leading role in the energy revolution. In the case of V2G, the vehicle is either directly or indirectly connected to the electricity grid via a building. The stored energy is fed back into the grid. This has several advantages. Instead of switching wind turbines off during times of surplus energy, the surplus could be temporarily stored in the vehicle’s battery, for example. A network with several e-cars could even cushion peak loads. However, there are still some legal hurdles that we are not able to directly influence.

Julius: Buzzword SOP. Why are we also developing a wallbox for the Sion? Couldn’t this hold us back?

Tillmann: There are various reasons for this. The question of a suitable wallbox is one of the most frequently asked by our Community. Our supporters would like to have one. In addition, a bidirectional wallbox also requires adequate development time. We are therefore starting now so that we can guarantee availability for the Sion’s SOP in spring 2023. We want to ensure we have enough time to do detailed tests on the wallbox and the Sion together. After all, the wallbox is a very important piece of the puzzle in our vision of a world independent of fossil fuels.

Julius: Another question about home storage systems. How exactly can the Sion be used as a storage system? 

Tillmann: The vehicle and building will be connected using a Type 2 plug, just like when charging. It’s not necessary to reconnect the charging cable. As a user you can simply use the Sono app to set the proportion of the battery you wish to use to supply the building with and how much range is needed for the next morning.

The home energy management system (HEMS) then takes control of when the Sion is charged and discharged. The HEMS monitors the grid connection point to the house and if, for example, you have a rooftop PV system and produce more electricity than you need, the Sion is charged using that excess. If your PV system doesn’t produce enough electricity for the house’s energy consumption, the additional energy needed is supplied by the Sion. No more energy than is actually needed is supplied to the house. In other words, no energy is fed into the national or public grid. The communication for all these functions works very simply via ethernet or wifi (WLAN).

Julius: And for how long can the Sion supply a house with electricity in theory?

Tillmann: A household consumption of 10 kWh per day, which is about the average consumption of a 4 person household, could be supplied by the Sion for up to five days. After all, the battery has a capacity of 54 kWh. For comparison, a stationary home storage unit usually has a 5-15 kWh capacity. The Sion can therefore store many times that amount of energy. Of course, this time period depends on the actual individual power consumption. So you can’t really give a general answer here.

Julius: Even so, you get a great feel of what you can do with this wallbox. In any case, it opens up a wide range of interesting possibilities. Thanks for your informative explanation Tillmann! 

Tillmann: My absolute pleasure - any time!

The Sono wallbox has so much potential, as soon as permitted in law. The topics of bidirectional charging, V2H and V2G play very important roles on the way to 100% renewable energy usage. They also enable more efficient use of vehicles — beyond their role as a means of transport. It’s therefore important to create corresponding laws to expedite this. At the current time, the implementation is being examined in various pilot projects in order to create the legal framework on this basis.

[Incidentally, at the moment we haven’t decided on the Sono wallbox’s final design. If you’d like to take part in this decision and have your say, you have the choice to vote for one of three designs. The design with the most votes wins.] The survey was closed on September, 13 2021

If this has sparked your interest and would like to be kept up to date, simply sign up for our list here without commitment. We will contact you as soon as there are any further details. Last but not least, Tillmann has summarized the most important information for you again in this video.

This article was translated by Lucy Kirmond. 
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https://sonomotors.com/en/blog/were-developing-a-bidirectional-wallbox-how-it-looks-is-up-to-you/ Julius
2021-09-01T17:00:00+02:00 2023-12-27T03:29:40+01:00 Over 14,000 Reservations of the Sion

We are pleased to announce today that the Sion has already been pre-ordered over 14,000 times. On average the Sion is prepaid with a value of around € 3,000.

In addition to the seamless integration of the solar cells, which will provide an average of 112 kilometers of additional range per week, the Sion will be equipped ex works with a sharing functionality using the Sono app.

If you're wondering from where these Sion reservations are coming, check out this anonymized map. Here you can see where people have already reserved a Sion, and you'll find your own reservation represented there as well.

We thank you from the bottom of our hearts for your trust and appreciate very much that you believe in the Sion, in Sono and especially in mobility without fossil fuels.

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https://sonomotors.com/en/blog/over-14-000-reservations-of-the-sion/ Sono Motors
2021-07-19T13:00:00+02:00 2023-12-27T03:29:40+01:00 Digital Mobility: All you need to know about our partnership with Sibros

In the past 20 years, digitalization has influenced, disrupted, altered or, at least, touched upon, every aspect of human life. Communication, social interaction, organization, nutrition, habitation, and, of course, transportation. For most of us, the latter became more and more eminent with the increasing ease of access to digital navigation, first enabled through handy GPS systems and later through smartphones. Navigating through a foreign country with the help of a map your passenger would try to decipher for you became obsolete and we welcomed the harsh robotic voices of our cellphone’s digital assistants into our vehicles. 

But, of course, navigation was only the beginning of in-car digital services. As we integrated these systems, more and more things became digitized. Moreover, today, as with many other devices such as telephones, sound systems, heaters, refrigerators and washing machines, more and more vehicles are connected to the internet to enable easier access to data; do over-the-air software maintenance; or track the conditions of hardware components. Infotainment systems are now enthroned above, or, are integrated into, cars’ cockpits, providing information about speed limits, distances, or, simply, the next podcast coming up on your playlist. 

Being quite a unique and innovative vehicle, the Sion, of course, also has such functions. These not only help to make maintenance and updating software easier, but they also tell us a lot about how to further improve our vehicle’s design. Of course, always provided the car’s owner is willing to share this data with us for such purposes. However, to make sure we offer reliable, efficient, and safe services we need a skilled and experienced partner. In the Californian software company Sibros we have found exactly that. Today, my colleague from Sono Digital Johannes Bückle and I had the chance to chat with the company’s CEO and co-founder Hemant Sikaria about our partnership, goals and next steps. 

Julius: Hi Hemant, hi Johannes! Thank you for taking the time to chat. Founded in 2018, Sibros is a relatively young company. What was the initial motivation for you guys to start the company? 

Hemant: Hi Julius! Sibros was born out of the frustration from software related recalls. In 2017, my personal vehicle was recalled three times in the same year for software related issues. In my family we had five different vehicles from this same manufacturer, so in total we brought our cars into dealerships for software problems over a dozen times, which was an incredibly time consuming and stressful experience. At that time, I had been an early engineer at Tesla, helping build its software update systems where such issues would have been resolved through over-the-air (OTA) software updates. 

Hermat CEO and Co-Founder Sibros

Upon further research, I was indeed surprised to discover that most automakers outside of Tesla actually did not have vehicle-wide software update capabilities to remotely fix such problems. While Sibros started out as a commercial platform for full vehicle OTA software updates, today we’ve evolved into much more as an automotive software and data management system. 

Julius: That is similar to our founder’s motivation. They were frustrated with the lack of alternatives on the market for sustainable mobility solutions. What would you consider to be your company’s overall goal? 

Hemant: Sibros’ mission is to power the connected vehicle ecosystem. Robust software and data management is the key to powering this unique ecosystem, whereby many new advanced applications and offerings will be built upon, benefiting both end customers and automakers. This can include the ability to fix software bugs or circumvent hardware recalls with deep software updates, to leveraging telematics data for usage-based insurance, as well as improving future product quality and design. 

To accomplish this, vehicles must have three core pillars for connected success: one, software updates sent from the cloud to every available component. Two, high quality data collected from the vehicle and sent to the cloud, and, three, remote user or diagnostic commands sent to the vehicle on-demand. Sibros has built the end-to-end platform to make all of this and more a reality for automakers such as Sono Motors and their customers.

Julius: What is your take on this Johannes? What are the biggest advantages of working with Sibros? 

Johannes: Well, we strongly believe that there is mutual benefit in this collaboration. As a new OEM, we at Sono Motors have a lot of design freedom and can benefit from Sibros’ know-how, as they have already seen many cars and know exactly what is needed to get it right. We, on the other hand, can bring in our know-how for modern digital mobility services from both our past experiences and our ongoing pilots. 

Head of Digital Product at Sono Digital, Johannes

A good example is the need for offline interaction using bluetooth low energy. In our pilots, we already have had many cases where network connectivity prevented us from providing a truly reliable mobility experience. Sibros was happy to include that into their product roadmap when we brought it up. So, in a way, both parties evolve together, improving their product collaboratively. Furthermore, we at Sono Motors can continue to focus on our customers' problems, whilst Sibros provides secure and reliable solutions. 

Regardless of this, Sono and Sibros have a strong culture fit. That reflects in the way we communicate and which tools we use, but also how we make use of technology to solve real customer problems. I can recall when we first connected how we left the call and were like: working with them would be great!

Julius: How did you get in touch in the first place? 

Hemant: Sono Motors was introduced to Sibros by my former colleagues from Tesla, Georg-Friedrich Graf and Stefan Goede. They now run the German-based company Munich Electrification. I deeply respect the engineering talent and team at Munich Electrification, hence when we first got introduced to Sono Motors as a highly recommended company to work with, we took it seriously and were very excited with the opportunity to do so. 

Julius: Interesting! What does this partnership mean for Sono Digital’s product development? 

Johannes: Our purpose is to build a seamless digital experience, both inside and outside the car. That entails Car Sharing, Ride Pooling and Power Sharing, plus the entire digital experience of Sion owners. Since our inception, we have been piloting our sharing services with people in the Sono Community to validate our approach and build up our product with real customers. In the last series-intent prototype, we wanted to build everything by ourselves to learn as much as we can.

That has put us in the great position that we now know exactly what we need and how we can achieve it. 

We are testing our Services

Going full steam into series development, we were looking for a strong partner, especially since software updates are heavily regulated. As a young company, we are excited that we have found a partner who has an extensive track record in enabling and updating connected cars. To give our customers a strong product, we need three things. First, real time data to provide Sion owners with meaningful information about their car. Second, commands to help our customers interact with the car – online and offline. Lastly, remote updates which minimize maintenance and service costs for Sion owners. 

As Hemant already mentioned, Sibros is able to provide us with exactly that: reliable and secure connectivity as well as OTA updates. Their holistic approach is really beneficial for the complexity of the system. This allows us to concentrate on what matters most to us: solving customer problems. That is what we will continue to do. 

Hemant: Exactly. You see, when dealing with connected cars, many companies offer only one piece of the puzzle. That’s where we are different. By building a complete system from the ground up that handles every aspect of OTA software and data management, we are able to provide a highly configurable product that can be rapidly deployed, as opposed to other service-based solutions that require multiple vendors with heavy integration and customization. 

Then there is the area of ECU (Engine Control Unit) and vehicle coverage. Many alternate solutions claim vehicle-wide updatability and data collection, however in reality only address the main infotainment and telematics units or a small handful of ECUs. At Sibros, we’ve architected our system to truly work with every in-vehicle ECU. This means together with Sono Motors we can deliver software updates to fix or re-calibrate any component, as well as collect high quality data based on selective rules or events from any sensor in the Sion. 

This allows Sono Motors to collect only the most relevant data that can improve future product design. It can also unlock new valuable services for customers while reducing the need to bring all data to the cloud. We thereby reduce cloud consumption and cellular bandwidth costs. It’s important to note that all software updates and data collection activities are only done so with customer consent and in full compliance with all safety, cybersecurity and data privacy regulations required.

Julius: A truly holistic concept and ecosystem for the digital dimension of our vehicle, I really like that. Now that we have teamed up – Johannes, please share some insights about the current status of development and the next steps. 

Johannes: Oh, where do I start here? We have two so-called ‘scrum teams’ working on different experiences and services. Sion Owner experience and Sion Mobility service. In these teams we work cross-functionally with product managers, and UX and software engineering folk.
In the Sion Owner team, there is a lot of stuff that we can do already. You have probably seen the realtime information on solar power generation or the Power Sharing control in the Sono App. Right now, we concentrate on hitting our upcoming vehicle design release milestone. That means we work very closely with the vehicle engineering team on the hardware, but also take in all the learnings and improvements from the series-intent prototype car which is currently on a test-drive tour. After the vehicle design release, all requirements are frozen. Even if we, as a digital team, are still able to do many changes after that, the car’s architecture and most electronic control units will be unable to accommodate new functional requirements after. To deliver Power Sharing and an exceptional digital experience for Sion owners we are working heavily on incorporating the feedback and the missing bits for series.

Live view on our Solar Cells while the Sun is shining

For infotainment, we are currently implementing the latest version of Android onto our system. We want to make the experience between the mobile app and the infotainment system as seamless as possible. Then there is connectivity. We have selected the hardware to run the Sibros stack upon and are now doing the firmware integration to have the Sibros products running in our lab car. The lab car is a local environment, outside the real vehicle which includes all series components and simulates the final car architecture. 

In the Mobility team the focus is different. We are adding scheduled bookings for car sharing. Thanks to these, people will be able to book their Sion for specific time slots. We have seen huge interest in them and believe they can help us to increase efficient utilization of the car. For the same purpose, we are strongly looking into how we can offer this for more cars than just the Sion. We believe that a lot of cars out there could be shared more frequently if there were a good service owners could use. 

So, there is quite a lot going on. Our daily work is very multi-faceted. I hope the context helps people from the outside understand where we currently stand and where we are making progress. 

Julius: That was a pretty neat overview of what’s going on at Sono Digital, thank you! What are the next steps in the cooperation process between Sono and Sibros? 

Hemant: We are deploying the end-to-end solution that began with the integration of the Sibros OTA Deep Logger to provide Sono Motors with real time, relevant and actionable vehicle data. Next, we are deploying the Sibros OTA Deep Updater for deep, safe and secure software updates, as well as the OTA Command Manager for remote diagnostic commands. This full deployment will be completed quickly within the coming months. We’re thrilled with this collaboration and to support Sono Motors in their pursuit of building the most exceptional digital experience for their customers, while keeping maintenance and service costs low.

Johannes: The developments Hemant mentioned will support us in our overall goal at Sono for this year: delivering the Sion and staying on track on our timeline.

Julius: Right. What can we expect from Sono Digital for the rest of this year? 

Johannes: For the Sion Owner team, we recently moved a lot of development capacity in-house as a learning from the last prototype. By the end of 2021 we want to serve all digital customer interfaces, including infotainment and the mobile app, from within Sono Motors, taking in all the feedback we already received.
We have also given ourselves a clear goal to extend the reach of our mobility services before the end of the year and are currently working on all the small bits and pieces we need in order to achieve this.

Like the rest of the company, Sono Digital is continuously growing and adding new team members. We are on a quest this year to reach a size that helps deliver all our features by the start of production.

Julius: Isn’t that a good closing statement? Hemant, Johannes – thank you very much for your time and your engagement! 

This article was translated by Lucy Kirmond. 
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https://sonomotors.com/en/blog/digital-mobility-partnership-with-sibros/ Julius
2021-07-08T17:00:00+02:00 2023-12-27T03:29:40+01:00 Sono Motors Commences Community Tour Through Germany With Latest Prototype
  • Test Drives With the Latest Sion Solar Electric Car Prototype Generation Possible in Many Locations

  • Community Members and All Interested Parties Can Experience the Sion up Close and Personal, As Well as Talk to on-Site Sono Experts in Ten German Cities

  • Tour Stops: Freiburg, Stuttgart, Nuremberg, Mainz, Cologne, Dusseldorf, Hanover, Hamburg, Berlin and Leipzig


8th July 2021 – Mobility-provider Sono Motors commences its 10-city Community Tour on 20th July. The tour kicks-off in Freiburg, followed by Stuttgart, Nuremberg, Mainz, Cologne, Dusseldorf, Hanover, Hamburg, Berlin and Leipzig. Throughout the tour, the latest  Sion solar electric vehicle prototype will be available to both the Sono Community and all those interested to experience live, as well as even, in most locations, test drive.

“Through the support of our strong Community as well as over 13,000 reservation holders, we have been able to take this idea from its first conception in a garage to a leading solar mobility company. This tour is us honouring our promise and giving our Community the opportunity to experience the latest generation of our prototype” explains Laurin Hahn, Founder and CEO of Sono Motors.

At every tour stop, participants will be able to see, touch and experience the Sion prototype’s interior and exterior. Test drives will also be offered at almost every location. A team of Sono Motors experts will be available to answer all questions regarding the car itself, solar integration and digital services.
“On the Community Tour, we want to offer all those interested a live mobility experience with the newest Sion prototype. We’re really excited to welcome lots of interested visitors”,  says Max Flicker, Sono Motors’ event manager.

Members of the Sono Motors Community, and all those interested, can register here for their desired city.

Overview of dates (subject to short-notice adjustments):

  • Freiburg, 20th - 22nd July, Fraunhofer-Institut für Solare Energiesysteme
  • Stuttgart, 24th - 25th July, Römerkastell
  • Nuremberg, 28th - 29th July, Ofenwerk
  • Mainz, 31th July - 1st August, Alte Lokhalle
  • Cologne, 4th - 5th August, RheinEnergieSTADION
  • Dusseldorf, 7th - 9th August, Seed & Greet Ladepark Kreuz-Hilden
  • Hanover, 14th - 15th August, Georgsplatz
  • Hamburg, 18th - 20th August, Cruise Center Steinwerder
  • Berlin, 22nd. - 23rd August, EUREF-Campus
  • Leipzig, 26th - 27th August, Paunsdorf Center
     
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https://sonomotors.com/en/press/press-releases/sono-motors-commences-community-tour-through-germany-with-latest-prototype/ Sono Motors
2021-07-06T16:00:00+02:00 2023-12-27T03:29:39+01:00 Kicking-off the First Tour With Our New Sion Prototype

We have so often highlighted the importance for us of talking to you in person, presenting the prototype, and gathering your input. After going too long without this opportunity, we can finally extend an invitation to the first Community Tour of 2021.

We have a few cities on the cards, but first, we’d like to invite you to our showroom in Munich. Since the start of this week, you can admire not just one, but 3 different Sion prototypes.
On 20th July we’ll be making our first pit-stop in Freiburg. This will be followed by Stuttgart, Nuremberg, Mainz, Cologne, Dusseldorf, Hanover, Hamburg, Berlin, and Leipzig. As a visitor, you have the opportunity to see the prototype’s exterior and interior up close and personal at each location. Our team of experts will be standing-by in each city to answer your questions about the car itself, solar integration, and digital services.

All dates at a glance:

Freiburg: 20th - 22nd July, Fraunhofer-Institut für Solare Energiesysteme
Stuttgart: 24th - 25th July, Römerkastell
Nuremberg: 28th - 29th July, Ofenwerk
Mainz: 31st July - 1st August, Alte Lokhalle
Cologne: 4th - 5th August, RheinEnergieSTADION
Dusseldorf: 7th - 9th August, Seed & Greet Ladepark Kreuz-Hilden
Hanover: 14th - 15th August, Georgsplatz
Hamburg: 18th - 20th August, Cruise Center Steinwerder
Berlin: 22nd - 23rd August, EUREF-Campus
Leipzig: 26th - 2nd. August, Paunsdorf Center

You can book your time slot here. We can’t put into words how excited we are to see you in person soon!

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https://sonomotors.com/en/blog/kicking-off-the-first-tour-with-our-new-sion-prototype/ Julius
2021-06-25T16:00:00+02:00 2023-12-27T03:29:39+01:00 "Faster, safer, more durable": the Sion gets a new battery

When first encountering electric mobility, you inevitably find yourself confronted with a certain very specific component - the battery. It is something like the beating heart of every electric car, as it stores the electricity that powers the vehicle’s engine. Naturally, no electricity means no movement which is why many want as much of it as possible. Thus begins what is often referred to as ‘range anxiety’.

A quick example - as I sat in my hairdresser’s a few days ago, the radio was playing in the background. The station was organizing a ‘theme week’ based around electric mobility. The presenter was talking to the station’s transport expert about range and kilowatt hours. Referring to the upcoming Whitsun holidays in parts of Germany, the presenter queried whether it would be possible to drive such an electric car from Munich to Lake Garda in one go. That’s about 400 km.

The current range of electric cars permitted in Germany is around 340 km - unfortunately not quite enough, explained their colleague. However, this being said, this technology is constantly under development and in five years this will no longer be an issue. The presenter replied that maybe it would be better to focus on hybrids for now. A pretty conservative review, to say the least, for a programme about electric mobility.

How irritating to have to stop once on a 400 kilometer journey, to over-exaggerate somewhat, and on the way to your holiday at that! That starts to infringe on my freedom. Stop, load the car, take a break and relax, but absolutely no sooner than we’ve reached the shores of Lake Garda. Driving a car means freedom and don’t you dare take that from us.

So, what does this story have to do with today’s blog post? Well, it shows the importance of the battery and its specifications for people. There’s constant debate around this technology. How sustainable are batteries? How problematic is the mining of certain metals? Are batteries literally fire hazards? The answers to these questions I would ask far more knowledgeable people to give. People who have dealt with various myths regarding batteries and shone the light of truth on them.

Nevertheless, we are very happy to announce to you today that we have made great progress in terms of battery.
 

Arvind Peenhal, Head of Battery System at Sono Motors

Another advantage this new battery has over others is that “it is, in addition, extremely safe”, explains Arvind. “ Even in the event that it is pierced with a nail, there are no problematic temperatures that could cause a fire. Last but not least it is also more resource-friendly. Elements such as cobalt and manganese are obsolete in this battery technology.”

If you want to find out more about the new battery, I have a whole host of recommendations for you. You can find all technical information and the new specifications on our website. Arvind and our CTO, Markus, have also summarized everything important for you in this video. They also explain why this development step is so important for Sono. Happy learning!

This article was translated by Lucy Kirmond. 
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https://sonomotors.com/en/blog/faster-safer-more-durable-the-sion-gets-a-new-battery/ Julius
2021-06-24T07:00:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors’ Sion Gets More Powerful Battery with Greater Range
  • The New 54 kWh LFP Battery Provides the Sion With an Extended Range of up to 305 km and a Maximum Charging Power of up to 75 kW

  • More Powerful Battery Eliminates Cobalt, Nickel and Manganese

  • In Surveys Over 90% Of Sion Reservation Holders Voted for a Larger Battery

 
24th June 2021 – After consultation with its Community, Munich-based mobility provider Sono Motors has opted for a more powerful 54 kWh battery for use in the SEV (Solar Electric Vehicle) Sion. The new battery extends the vehicle’s total range by up to 305 km and its maximum charging power by up to 75 kW. The additional range provided by the Sion’s solar panels remains unchanged at a weekly average of 112 km (245 km per week at peak). The new LFP (lithium iron phosphate) battery is considered to be one of the safest on the market, and also completely dispenses with the use of cobalt, nickel and manganese.

“In our survey, more than 90% of our existing reservation holders voted for a more powerful battery,” said Laurin Hahn, CEO of Sono Motors. “This move is just another example of how Sono Motors is continuing to drive innovation and sustainability, whilst responding to the wishes of our Community throughout the development of the Sion. Boasting greater capacity, greater range, faster charging, enhanced safety features and no cobalt, nickel or manganese usage, this improved battery will strengthen the Sion’s unique market position even further,” Hahn continued.

Key benefits of the enhanced battery include:

  • Extended range of up to 305 km (previously 255 km)
  • No usage of cobalt, nickel and manganese
  • Built with safety in mind and is effectively non-flammable
  • New charging rate of up to 75 kW CCS (previously 50 kW)
  • Increased life span of up to 3,000 cycles, or up to 900,000 km

Markus Volmer, Chief Technology Officer at Sono Motors said: “The growing EV market is generating enormous demand for longer-lasting, more sustainable batteries. This enhanced battery enables Sion drivers to extend the time between charges, whilst reducing the charging time itself. This effectively optimizes the Sion to deliver easy and affordable sustainable mobility for everyone.” 

Climate protection remains paramount throughout production, as it does in every aspect of Sono’s operations. As part of this commitment, the company will therefore offset all unavoidable greenhouse gas emissions generated in production by supporting certified climate protection projects. This includes any potentially incurred through the procurement of the new battery.  

In 2017, Sono Motors introduced the public to its innovative and family-friendly solar electric car, the Sion. To date, the company has received more than 13,000 down-payments for the Sion. 

Editor's note: The images in this message were updated on 7 February 2022
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https://sonomotors.com/en/press/press-releases/sono-motors-sion-gets-more-powerful-battery-with-greater-range/ Sono Motors
2021-06-17T17:00:00+02:00 2023-12-27T03:29:39+01:00 An EasyMile to explore - an update on the ongoing shuttle prototype cooperation

Back in January we announced our cooperation with EasyMile at both CES and in an accompanying press release. You’re probably wondering what’s been going on since then and how the cooperation is progressing. That’s why Julius sat down for a catch up with Olivier, product and marketing director at Easy Mile, and Georg, product manager for solar integration at Sono Motors. Through their exchange he sought to discover what joint goals EasyMile and Sono are pursuing and what advantages solar integration in autonomous vehicles holds for the future.

Julius: Hi both, would you be able to introduce yourselves quickly?

Georg: Hi, I’m Georg and I’ve been working at Sono Motors for 1 ½ years now. When I started, I worked directly on the solar integration of the Sion and for the last 6 months I’ve been working as product manager for solar integration. 
We would like our solar technology to not only be integrated in the Sion, but also onto other vehicles like EasyMile’s EZ10, for example. My job is, namely, to investigate how we can expand our product portfolio, how we want to further develop our technologies and also what other applications could come into question. 

Georg alongside the Sion’s solar technology

Olivier: Hi, I’m Oliver. I’m product and marketing director at EasyMile. I look after the market, pricing, and define the road map for the EZ10 shuttle. I am also in charge of selecting our cooperation partners.

Olivier, product and marketing director at EasyMile

Julius: How cool! How long have you been working at EasyMile for? 

Olivier: I’ve been here for 3 years. 

Julius: That’s quite a good amount of time. When was EasyMile founded? 

Olivier: In 2014 actually. When I started in 2018 we were around 90 in the team but since then we’ve grown to 250. I’m an old hand here really. 

Julius: You’re constantly growing there. How did the cooperation with Sono come about?

Olivier: Benedikt Sperling, our managing director for the DACH region, had contact with a colleague of yours and they discussed respective projects and technology. It then gradually became apparent that there are some really promising interfaces.

Georg: Yes – that was Lars who works in business development. A perfect match really as the EasyMile and Sono Motors visions align really well with one another.

Julius: Not all of our supporters are familiar with EasyMiles’ products. So, a quick question to kick things off – What exactly is the EZ10 shuttle?

Olivier: The EZ10 fully electric people mover solution supplements local public transport or relieves traffic congestion on factory or private premises, such as business parks – the use cases are virtually limitless. The driverless service enables us to almost completely close gaps on the so-called ‘first and last’ miles. The shuttle’s hardware is manufactured by French car manufacturer Ligier. We are mainly responsible for the intelligent software, which, by the way, can be installed on a number of other vehicle platforms.

Julius: Why are EZ10 shuttles the ideal platform for our solar integration? Do you see any particular advantages?

Olivier: There are many reasons why our shuttles are perfect for this. First of all, the whole basic principle of shared mobility is to get around in an efficient and environmentally friendly way. Fossil fuels are finite, so our entire product portfolio is all-electric. On the one hand for the sake of the environment, on the other fuels are a huge cost driver for public transport or in the logistics sector, where our other vehicle solutions are used. Our shuttles correspond to a clear vision of city life of the future: more efficient traffic, fewer vehicle noise disturbance, fewer private vehicles or parking spaces and therefore more space and quality of life.
Renewable energy is the optimal supplement here. Solar panels enable range extension and operating time in the most ecologically sustainable way possible. You are simply less dependent on the existing charging infrastructure and can also extend the time between charges. As a manufacturer of autonomous driving shuttles, this is a huge step forward for us. The fewer stops that have to be made whilst driving means that we can offer our customer both better service and more convincing prices and efficiency. 

Julius: Absolutely, that sounds completely logical. Let’s talk about concrete numbers for a moment if we may. Georg, could you give us a rough idea of how much power an EZ10 shuttle with Sono Motors solar integration could generate over a day? 

Georg: That’s a great question. The available space on the EZ10 shuttle’s roof and sides would be a great place for us, I think, to install panels with an output of around 1-1.5 kW. The rule of thumb dictates we would generate an estimated 3 - 5 kWh of energy per day. These are, of course, only rough estimates. The aim of a cooperation and especially of the prototype phase is to show how high the energy turnover is in reality. Throughout our cooperation, we will carefully examine and evaluate where our technology could be integrated on the vehicle. All in all, there are some really promising areas on the EZ10.

Julius: What do you need to pay special attention to during the integration of the panels onto the vehicle.

Georg: Basically, we use the same technology that we use on the Sion. Both vehicles have a space frame to which the body parts are attached. That means that we have more or less the same steps to work through as with the Sion. We first define the overall concept, then design the PV (photovoltaic) polymer body parts and then use them to replace the existing components. In the process, we have a few aspects we have to pay attention to, such as the radii bending ratio or correct division of the body panels.

Julius: Sono and EasyMile aim to bring technologies not yet accessible to the masses to the market – namely solar mobility and autonomous driving. Both are often viewed with scepticism or even concern. What is your experience with this, Olivier?

Olivier: I’ve never met anyone who has been afraid of solar panels, but I obviously have met those who worry about autonomous mobility concepts. As soon as we ask passengers about their first ride in our shuttle, their fears have dissipated. The fact that driverless vehicles are nevertheless still controlled and monitored by a supervisor via control centres gives many the feeling of safety. I think that it’ll be the same with solar mobility. As soon as the concept proves itself and people have positive experiences with it, the initial scepticism gives way to enthusiasm.

Julius: What is EasyMile’s target group? What criteria are particularly decisive for you?

Olivier: Our technology works best when applied in environments with restricted speed limits – for example in built-up areas, up to 50 km/h. This is especially true for city centers, industrial sites, ports, airports, or even campuses. We have many different vehicle platforms that are adaptable to corresponding use cases.
A second criterion – just like Sono Motors, we tend to prefer areas with many sunshine hours. Why? Well, if it rains really hard, we have to explain to the shuttle’s artificial intelligence (AI) that the sensors are just detecting raindrops and not obstacles. The technology is still maturing so extreme weather conditions like heavy snowfall or rain are still a challenge for automated or autonomous vehicles.

Julius: I’d not thought about that.

Olivier: Yes, that’s a really important aspect. There’s also a third criterion. Countries like Norway, where there are many skilled workers but demand for system-critical occupations, such as bus or truck drivers, is also very high, show great interest in our technology. Both trade associations and customers often report to us their issues filling vacancies or that bus routes, especially in rural areas, can no longer run due to lack of economic efficiency. This is exactly where our technology comes into play.

Julius: Another really exciting approach. The self-driving car has had a firm place in fiction for a very long time – whether it be in films or books. The same goes for the solar-powered vehicle. Georg, how do you imagine the future in 10 years?

Georg: I’m convinced that autonomous driving will be firmly established in the future – especially in the areas Olivier just mentioned. It may take a bit longer than 10 years before it really reaches the masses in everyday life, but there are already numerous promising approaches, especially in industrial settings. 
Our approach at Sono is, of course, to equip more and more vehicles with solar technology and therefore steadily increase the amount of climate-friendly and decentrally generated energy. The more energy generated per day in this way, the better. Every vehicle makes a difference. If we look at the bigger picture, in a few years an impressive amount of energy will be generated per day with solar-integrated vehicles.

Olivier: If I might follow up on what you said – I envision real change. Inner cities free of hectic streets crammed with personal cars, without stale exhaust fumes, without loud engines. Unfortunately, that’s still the current status quo so we are all working for a future in which this no longer applies. There is also real cause to be optimistic here. We see the course for this being developed in countries like Spain. Only a few weeks ago, the maximum speed limit was reduced from 50 km/h to 30 km/h in all cities throughout the country.

Julius: Right, a really important development! Finally, let’s briefly go over the next steps in the joint cooperation. Where do we go from here?

Georg: So far, we’ve exchanged some important data with each other. Now we’re starting to examine CAD models and evaluate how we can integrate the maximum number of cells into the shuttle’s body. We will start implementation as soon as we have a vehicle from EasyMile for the prototype phase. We would really like to see the first results by the end of this year. For this to happen we need to collect quite a lot of data, preferably under real conditions, of course. It will definitely be a very exciting project with a huge amount of potential!

Julius: Perfect. Well, thank you very much for your time and evaluations. Until next time!

This article was translated by Lucy Kirmond. 
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https://sonomotors.com/en/blog/an-easymile-to-explore-an-update-on-the-ongoing-shuttle-prototype-cooperation/ Julius
2021-06-01T15:00:00+02:00 2023-12-27T03:29:39+01:00 Mid-year report from the Community Advisory Board

Six months ago, Sono decided to give the Community a seat on the advisory board. Varying factors, including the global pandemic, meant that we were not to establish the full advisory board as quickly as we usually would have, something we hope to achieve very soon.

We have not, however, been resting on our laurels in recent months, despite not having an advisory board. 

In the summer of 2020, the time had finally come - with over 50 percent of the votes, Sebastian Böttger was elected by our community as an advisory board member. In this blog article, he talks about his role as a community representative and about the general way we work. So we now hand over the floor to Sebastian.

In Summary – How Is the Advisory Board Structured?

Essentially, the work consists of four points:

  • Consultation roughly once or twice weekly
  • Bringing the Community/client perspective into various decisions, where direct consultation with the Community is not possible
  • Answering questions and queries from the Community that come to the advisory board on a quarterly basis. The current list of which can be found here
  • Reviewing documents and questionnaires before publication to see if they include questions from the Community (more facts, less marketing)

Of course, I am not the Community alone, and can thus only speak, to a limited extent, for the Community as a whole. How to handle this is also presented below.

The Position of the Community Advisory Board

The position and function of the Community Advisory Council is completely new. First, we had to find ways to work together in a meaningful way. What made pragmatic sense, quickly became clear. The classic way is to have weekly consultations. This way everyone stays on the same page. From there we go into the finer details.

The advisory board is a position of trust. In terms of the state of development, there are actually no secrets. I can't divulge any details, but I think you can tell from my motivation and enthusiasm that I'm convinced the project will be a success.

Laurin and I are measuring the SVC2

In the beginning, some people at Sono found it strange that all of a sudden a representative of the reservation companies was popping up here and there. The question: "what are they doing there?" was pretty obvious. As an engineer, I have the advantage of being able to serve as an expert on some specialist topics, which further blurs those lines somewhat. This has since become a very well established position that provides real added value and is even actively demanded in order to include the perspective of future customers right from the start.

The Matrix

Sono uses a matrix for a wide range of decisions in which all "stakeholders" enter their opinions and recommendations on a scale from 1 to 5 (1 = don't do, 5 = definitely do). As a Community representative, I am occasionally involved as one of a total of 5 -10 voices. Other voices included are, for example, management, the finance department, the departments involved, marketing and the legal department. 

A small example of a successful vote is the return of the reservation number on the homepage and the reservation number for reservation holders. Many reservation holders love ‘their’ individual number and soon everyone will receive a number, even those who don’t yet have one. Reservation numbers are actually already back up on our website. We do also, of course, have weightier issues, but mostly all positive.

You, the Community, lay the foundations for my answers in the surveys. The results are binding for me and that is how I vote. I do not diverge from your answers. 90% of the time, the decision is easy and beyond doubt. So, I have a good feeling that I am representing you well in this respect. At some point, we will be able to publish this, and then you will have the opportunity to see it too. At the moment, I just need your trust that everything will go according to the principle of getting the Sion, and the idea behind it, on the road.

So far, I have only had to vote a resounding "no" once on a minor issue on behalf of the Community. I must say, that caused quite the discussion. With that being said, working with the matrix always includes giving reasons for the assessment. So, in the end, a good compromise was found that even improved the result.

Communication

I often receive questions like, "Do you know anything about...", or, "Can you tell me why...". I also read the wildest speculations online, and often it would be incredibly easy for me to get involved and give my two cents. I even sometimes have journalists call. The rule here is that I never speak for Sono, but always refer to official reports. Through my Sunday column, I have collected 51 gigabytes (!) of data material on Sono. This is all completely searchable in a split second. Even if I am unable to answer all the questions I receive, they don't get lost by any means. They are all contained in a long Excel list. 

On occasion, I discuss them, and Sono then communicates the answers. Not always immediately - they have enough to do - but to reiterate nothing gets lost. Conversely, Sono is always interested in what moves the Community. If a question is of interest to many, it goes on a collection page. There you can find out which questions are currently open.

I cover all of the latest developments at Sono in my personal blog.

Only Sono ever answers the questions. I must praise them here in this respect. The transparency at Sono is meant truly seriously. I actually set out to ensure that our questions are not just answered with a melodious marketing canned product, but properly and comprehensively. Sono takes this very much to heart and now even publishes the smallest details from development in PDF form every 14 days.

The announcement of the postponement to 2023, for example, was a topic that could not be voted on. Once the new schedule was in place, it was clear that the information had to be made public. Sono decided to do it immediately, with maximum transparency. I was present at all the calls in which Laurin and Jona personally explained the over 3,000 reservations via Zoom - as well as in the run-up to the preparation. Your feedback showed that the decision was the right one.

Who Are the Others?

The advisory board itself will soon be formally launched. There are a total of 6 people on it, with very different backgrounds, a good mix.

I am already in more intensive exchanges with some of them and they are fun - intelligent, very active and successful personalities. Each time, new, innovative ideas emerge, but also concrete measures. Again, Sono will announce the details when the time comes.

Next Steps

In June, the test drives could commence again, and I would be happy to meet some of you in person. You are also welcome to email me at seb@sono.community. There will be several videos regarding subjects you have sent through. Some of them have actually already been shot.  

And last, but not least, there will be another look under the hood to answer the eternal question of "how far is the Sion from being ready for series production, and what's going on right now?"

Best regards,

Sebastian 

This article was translated by Lucy Kirmond. 
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https://sonomotors.com/en/blog/semi-annual-report-from-the-community-advisory-board/ Sebastian Böttger
2021-05-07T07:00:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors and MAN Truck & Bus Want to Jointly Analyze Applications of Solar Technology in Commercial Vehicles
  • Electric transporter collects additional electricity through solar energy

  • Sono Solar technology is lightweight, robust and can be flexibly adapted to vehicle geometries

  • Commercial vehicles well-suited for photovoltaic integration thanks to large areas

7th May 2021 – MAN Truck & Bus and Sono Motors have signed a Letter of Intent. The two companies have agreed to investigate the technical and economic feasibility of integrating the Sono Solar technology into MAN’s eTGE electric transporter.

"It is a great opportunity for Sono Motors to team up with such a respected industry partner as MAN and to work together for a more sustainable future. Our Sono Solar technology offers a lightweight and adaptable platform that is ideal for light commercial vehicles such as MAN's battery-powered eTGE," says Jona Christians, co-founder and CEO of Sono Motors. "We look forward to all the opportunities that these two sustainable technologies can bring together."

Three applications are to be equipped with Sono Solar technology and investigated by the companies:  

MAN eTGE panel van

MAN eTGE combi with a powerful on-roof air conditioning system

MAN eTGE with a refrigeration system

For all three concepts, the focus is either on additional range to be  achieved or on a self-sufficient supply of auxiliary users, e.g the air conditioning system, through the acquired solar energy. 

Dennis Affeld, Senior Vice President & Head of Sales Truck & Van at MAN Truck & Bus, is pleased with the partnership with Sono Motors, which is now underway. "We will pool our joint know-how and expertise to test various prototypes with vehicle-integrated photovoltaic technology. The aim is to find out how much energy can be gained from PV technology over the year. Using this insight, we can then assess whether the technology pays off for our customers and at the same time helps to protect the environment."

The eTGE is MAN's answer for urban and regional operations. It does not cause on-site emissions and is significantly quieter in operation compared to an internal combustion engine drive. Depending on the annual mileage, the eTGE can be operated more economically than a comparable diesel TGE: after about four years, it pays for itself. 
Sono Solar technology offers a lightweight, robust and cost-effective solar solution that can adapt to a range of complex geometries thanks to its polymer-based design. Due to the larger surface area compared to passenger cars on vehicles such as trucks, vans or buses, the panels are particularly suitable for commercial applications, like Last-Mile-Delivery. The vehicle-integrated photovoltaic solutions (ViPV) are not, however, intended to replace existing energy storage systems such as batteries or fuel cells. They can reduce energy requirements and the number of charging intervals required, thus extending the range. Furthermore, it is conceivable that the solar energy obtained will be utilised for auxiliary users such as heating, air conditioning or refrigeration units.

About MAN

MAN Truck & Bus is one of Europe's leading commercial vehicle manufacturers and providers of transport solutions with annual sales of more than €9.5 billion (2020). Their product portfolio includes vans, trucks, buses, diesel and gas engines as well as services related to passenger transport and freight transport. MAN Truck & Bus is a TRATON SE company.

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https://sonomotors.com/en/press/press-releases/sono-motors-and-man-truck-bus-want-to-jointly-analyze-applications-of-solar-technology-in-commercial-vehicles/ Sono Motors
2021-04-22T16:00:00+02:00 2023-12-27T03:29:39+01:00 2020 in Numbers: How Sustainable Are We as a Company?

2020 - a year full of, let's say, surprises. We, like many companies, faced a number of challenges. We went from working in the office to working from home. Timelines were completely shaken up. New employees had their first days on the job without having met any of their new colleagues in person. But, as always, we adapted quickly to the changing circumstances and were still able to achieve important milestones. 

In our 2020 Sustainability Report, we take a retrospective look at the past year, but this time with a very specific focus. What does sustainability mean to us? How diverse is our team? What is our contribution to climate protection? Our report answers these questions, and more, for you in a clear and concise way. Enjoy the read! 

Read the report here.

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https://sonomotors.com/en/blog/2020-in-numbers-how-sustainable-are-we-as-a-company/ Julius
2021-04-15T07:00:00+02:00 2023-12-27T03:29:39+01:00 13,000 International Reservations for the SEV Sion
  • More than 13,000 individual reservations and payments have been placed on the Munich-based mobility provider Sono Motors’ Solar Electric Vehicle (SEV)

  • In addition to numerous reservations from Germany, the company has also registered further international reservations

  • The number of reservations would equate to sales of 278 million euros

15th April 2021 – The mobility provider Sono Motors has announced the achievement of reaching 13,000 private reservations of its innovative Sion SEV (Solar Electric Vehicle), with an average down-payment of 3,000 euros. Even prior to the commencement of production, the company booked a total order value of 278 million euros. Pre-orders of the Sion continue to be predominantly placed in Germany and the DACH (Germany, Austria and Switzerland) region, but the company is also registering increasing numbers from countries such as Italy, Spain, Portugal, Finland and Mauritius. This interactive map shows the geographical distribution of the reservations made. It was created and published by the Sono Motors community itself.

“13,000 reservations is a clear sign for us, as well as for the entire automotive industry. This number highlights people’s need for resource-friendly and affordable mobility solutions,” emphasizes Jona Christians, CEO and co-founder of Sono Motors, “It also gives us tailwind to get the Sion on the road as quickly as possible”, he adds.

After planned production commencement in 2023 and the increase to maximum capacity within the same year, the company intends to produce 43,000 vehicles per year in a 2-shift operation, in collaboration with contract manufacturer NEVS. The total production volume is expected to be 257,000 vehicles over a seven-year period. The former SAAB factory in Trollhättan, Sweden, will serve as the production facility.

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https://sonomotors.com/en/press/press-releases/13-000-international-reservations-for-the-sev-sion/ Sono Motors
2021-03-26T16:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Digital: Who we are, what we do and how you can contribute

The Sono Digital group is in charge of the digital journey for Sion owners and Sono Motors mobility services customers. We develop the Sono App, Infotainment applications for the in-car middle-console touch screen, and the mobility backend.

We also integrate our system with business partners and extend existing electric cars with a retrofitted telematics unit. This allows us to operate connected cars in business pilots to build out our sharing services incrementally.

Three features of the Sion that are developed by Sono Digital.

Sustainable. Mobility. For Everyone.

Our mission is to make every car electric and shared. While our colleagues in the vehicle development team take care of the former, our focus is on the latter: shared mobility. Leveraging digital solutions, we ensure that it is easy, safe, and, of course, convenient to share your car, ride, and battery power. These services are made available to our customers in a smooth user experience flowing seamlessly between Sono App and the Infotainment system. 

We strive for constant improvement – regarding our work, our knowledge, and our relationships.

All this requires rigorous engineering, considering our product’s long-term security and scalability and disruptive, innovative thinking.

In the following, we introduce our tech stack and share a future outlook. We grow our team in most engineering areas. If you want to support our vision of a world without fossil fuels, we would love to get your application.

How We Work

Sono Digital is a cross-functional product team. We are a small group of empowered product managers and experienced UX and software engineering folk. We have our agile-based routines, and on top, we embrace transparent communication. Especially in pure home office times, we try to ensure that information is spread among the team. We use Slack, Confluence, and sometimes email for that. When needed, we organize spontaneous (video) calls. We align and remove impediments as fast as we can, as we are constantly learning.

We adjust our routines when needed. Recently we improved our Daily because we realized it has become too static and the usefulness was questionable. Now the word “meeting” is discouraged, and we aim to speak to a meeting's purpose. The daily has become more useful since. We inspect and adapt.

Reviewing our progress is an important part of our daily work.

Two to three times a month, we meet with our CEOs to inform them of how things are going and consult their opinion on various matters. A lot of what we do is based on the Scrum framework. Sprint Reviews are usually attended by 10-20% of the company population.

Sono Tech Stack

If you are curious about the technologies we are currently using, please read on. There is an important disclaimer to this section: Our technology stack will change and evolve. New joiners will bring in new and better ideas. Of course, we are learning as we go, which is hopefully reflected in our systems and software architecture.

Mobile App

The Sono App for Android and iOS is currently developed in React Native. It is the most visible part of our development efforts. We use Bitrise for CI/CD to automatically test, build, and publish to the app stores. The parts we are most proud of include a lightning-fast connection from the app to the vehicle, passwordless login, a consistent design system, and success from our code cleanup efforts (see _BottomModalVehicle).

Do you see room for improvement? We do too. Do you want to help to improve? Contact us, and let’s talk about it!

Android Automotive OS

The Infotainment system runs on Android Automotive OS. Our approach is to source “commodity applications” such as media player, Bluetooth integration, and radio application from suppliers. Sono developers will build the applications that make the Sion unique: Solar integration, sharing services, user profiles. An experienced engineer is joining the team in May, and we are looking for additional senior Android folk to join the team.

Mobility Backend

The backend is developed in a MicroService architecture. Most services are written in TypeScript, using TypeORM and hapi, among other libraries. Services that require low-level hardware control, such as the vehicle-connectors, are written in golang. We connect services synchronously through HTTP and asynchronously with a Kafka message broker. For data persistence, we chose the well-established Postgres database.

We are sure this architecture will continue to grow as we dive deeper into specific segments of the various business domains the backend caters to. To achieve this goal, we look for candidates ranging from junior developers to senior software engineers and coding architects with broad experience in scalable, high-transaction applications.

Cloud Infrastructure

We build the Sono platform on Google Cloud using GKE. We chose the Google Cloud because of their credible carbon-reduction strategy, which they have been pursuing since 2007, and that aims to have Google run entirely on renewable energy by 2030.

Our Kubernetes cluster hosts the entire backend. We implemented good SRE practices early on, including infrastructure as code, a blameless post mortem culture, and reproducible builds. So far, things are still pretty raw, but set up to allow for more advanced automation and observability. Technologies we are using include Helm, Prometheus, Grafana, StackDriver, and GitLab CI. These are great open-source software projects, and we thank the many awesome contributors to these outstanding projects.

Third-Party Services

We don’t want to reinvent the wheel. For this reason, we rely on third-party services for CRM (Salesforce Service Cloud), payment (Adyen), transactional emails (Twilio SendGrid), and many other great products.

What to expect

You will be part of our Sono Digital team, an experienced, diverse group with agility in our DNA and a passion for building a future with climate-friendly, resource-conserving, and fair mobility.

We foster an inclusive culture welcoming mistakes, asking questions, searching for ways to improve for the customer, the team, and yourself. If you embrace these principles, we are excited that you join our journey.

UX designer Bozhana, UI designer Martina, and Head of Product Johannes discussing project progress.

Sono Motors values your lifestyle choices. Our Sono Digital team is headquartered in Munich. We believe it to be valuable to meet in-person for EventStorming or have profound product discussions. Most GyShiDo work can be done in a remote setup, though. 

Communication is key, and we have good synchronous tools as well as asynchronous processes in place. We support part-time work with a minimum commitment of 30 hours per week and want to provide an inclusive work environment that matches your personal needs. Did this article make you curious? Great, then submit your CV, and let’s talk soon.

This article was translated by Lucy Kirmond. 
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https://sonomotors.com/en/blog/sono-digital-who-we-are-what-we-do-and-how-you-can-contribute/ Marco Jantke
2021-03-22T17:00:00+01:00 2023-12-27T03:29:39+01:00 Here Is How Our Solar Technology Could Change the Energy Supply in Mobility

The sun is the star of our solar system – a gigantic, scorching ball made up mainly of hydrogen and helium that is 1.3 million times bigger than planet earth. Due to its enormous size, it makes up 99.86 % of our solar system’s total mass. And since it is constantly creating energy through nuclear fusion reactions in its core it is by far the most important source of energy for life down here. Theoretically, the sun provides more energy in an hour than all humans use in a year. Why not use it? 

Okay, we are using it already. Solar technology has been around for 180 years, even though back then it was dismissed by many scientists due to the domination of energy technologies based on the burning of coal. However, as Bob Dylan famously sang in the 1960s, “the times they are a-changing”, and the Sion’s solar technology might be one example of many. 

Mobility Driven By the Sun 

As well as it is not new to create energy by exposing certain material to light, putting solar cells on vehicles isn’t new either. According to the U.S. Census Bureau, engineer William G. Cobb of General Motors demonstrated his first take on solar mobility in 1955. It looked a little different than what physicists and engineers would continue to develop in the decades to follow – but hey, he tried. 

A modified Baker electric car(left) and a World Solar Challenge participant vehicle from 2015 (right) Source: doitnow.co.za

Fortunately, the Sion is not designed like these two examples. Our goal is to develop a car that uses solar energy but is also suitable for everyday use. To achieve this, we have come up with our own technology, which differs primarily in the integration of the cells into the vehicle body. Here, the magic word is ‘injection molding’. 

Injection molding is a manufacturing process that allows you to create complex molded parts from polymers. To do this, you use a mold into which you inject a hot polymer melt to form your part. Almost all polymer items around you are made by injection molding. It is a very fast manufacturing process that allows for a low scrap rate and complex geometries. 

In our case, we have developed a unique process that allows us to integrate the solar cells into the injection mold, thus integrating them into the polymer matrix of the body parts during their production. This is our own patented technology with which we can achieve seamless integration of monocrystalline IBC solar cells into the car’s body panels. 

Prototype solar cells integrated into the car’s body

We are now able to waive using glass, a back sheet, a junction box, or an aluminum frame. The glass is replaced by a transparent thermoplastic whereas the aluminum frame, back sheet, and junction box are substituted by a non-transparent thermoplastic. As a result, our solar body panels are protected from external influences by the special polymer coating which brings a variety of advantages. The panels have a high resistance to physical impacts and are shatterproof. 

Additionally, we can drastically reduce the weight of solar panels compared to conventional glass modules by more than 50 %. That makes our panels not heavier than standard car body panels. Furthermore, our tested material selection and solar cell technology ensure maximum efficiency, a higher yield on small surfaces, and seamless adaptation to the car exterior, where the solar cells are almost invisible.

The Sun - an Infinite Source of Energy? 

Scientists estimate that for at least five billion years, the sun will continue to provide the earth with energy. After that, it will run out of hydrogen and will become a so-called red giant. This gives us more than enough time to use the potential of solar energy for all sorts of purposes and use cases. According to different market studies, the need for solar technology will continue to grow. The IDTechEx report on solar vehicles states that the number of units of solar energy cars will increase from 5,300 to 2,852,400 over the next twenty years (2021-2041) and that this market alone will grow in value from $0.2 billion to $39.5 billion over the same period. 

Thanks to our proprietary technology, we are more than well prepared for this growth. Its biggest advantage is the flexibility that makes it possible to integrate it into all sorts of surfaces. For middle-size electric vehicles like the Sion, more than 1 kWp of solar cells supports extending the driving range and reducing dependency on the grid. For non-electric vehicles, this solar technology can power all auxiliary systems such as cooling, HVAC, and lifts, reducing the cost of ownership. 

Engineer Christian presents an updated component to the team.

In the case of the Sion, we can achieve an LCOE (Levelized Cost of Energy) of 0.12c€/kWh in Munich. That is far below the energy cost at a standard charging station. It, furthermore, enables a reduction of 20 % of the total cost of ownership of the vehicle over the first eight years, as more than 5,000 kilometers per year will be provided for free. Energy from the sun is simply cheaper than from the grid. 

We call this versatile applicable solution Vehicle Integrated Photovoltaics (VIPV). Simply put, it gives free electricity to any vehicle that needs energy, in the most holistic and ecological way since it can be adapted to all sorts of modes of transportation – from cars, vans, trucks, trailers, buses, to trains, yachts, and cruise ships. At this year’s Consumer Electronics Show we presented one potential use case – the Sono Solar Trailer.

One potential use case: a trailer covered with solar cells

Our basic assumption was that when located in Munich and providing a usable surface of 115 m², our solar integration could generate an average of 38 kWh per day. This would mean that about 16,990 kilometers a year could be covered by a truck using only solar energy. These are conservative numbers, the actual outcome can be even higher depending on the hours of sunshine. 

Our friends from EasyMile have recognized the potential of this technology. Earlier this year, we announced that together we will evaluate the integration of our technology into their autonomous shuttle EZ10. We hope that we will soon be able to share details on similar cooperations. 

Status of Development 

Since our presentation at CES in January, we have made great strides in technology development. One of the biggest steps we took was managing to charge the Sion’s battery in real-time while driving. As intended for the series vehicle, our infotainment system displayed the correct number of power, voltage and amperage generated. Of course, we documented this historic step

Next to the technological progress we also see more and more people becoming interested in our concept. As indicated by the IDTechEx report, the need for sustainable energy, and thus also sustainable mobility, is growing. 

Discussing new ideas is a fundamental part of our daily work 

The same applies to our team, which is also becoming increasingly multicultural and interdisciplinary. In the Sono Solar Group, we have colleagues from five different countries as well as a perfect mix of experienced and younger people from the automotive and photovoltaic industries. Currently, we are 23 engineers, designers, E/E, and product experts working to prove to the world that solar integration can be so much more than a little gimmick. 

Note: If you are interested in joining the Sono Solar Group, you should check our open positions. We are always looking for skilled and like-minded people ready to change the future of mobility. 
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https://sonomotors.com/en/blog/how-our-solar-technology-could-change-the-energy-supply-in-mobility/ Mathieu Baudrit
2021-03-18T07:00:00+01:00 2023-12-27T03:29:39+01:00 Internationally Renowned Top Executive Joins Sono Motors as CTO
  • Markus Volmer (47) will be the new lead for complete vehicle development at Sono Motors

  • Mr Volmer has extensive experience in the development and testing of production vehicles, having held managerial positions at Daimler, Borgward, and Foton 

18th March 2021 – Mobility provider Sono Motors has appointed graduate engineer Markus Volmer to the post of Chief Technology Officer (CTO), effective immediately. Markus Volmer (47) has more than 18 years of experience as a senior development engineer in the automotive industry, which he brings to his new post as CTO. He will be leading the complete vehicle development at Sono Motors and as such will be responsible for testing and validating the Sion, a solar electric vehicle (SEV), as it reaches production maturity. After holding several posts in development and testing at Daimler, Mr Volmer joined the Chinese Foton Motor Group and Borgward in 2016, where his most recent post was that of Senior Chief Engineer, which put him in charge of complete vehicle development. He was able to achieve a 40-percent increase in reliability and quality in light commercial vehicles.
“Markus has extensive technical expertise and international experience in the development and testing of production vehicles while at the same time significantly advancing commercial vehicle electrification. Having him on board takes us a decisive step further towards offering our customers the Sion, the first affordable SEV in the world, and becoming a global mobility leader”, says Laurin Hahn, CEO and founder of Sono Motors.
Its latest addition included, the Sono Motors management board will now be made up of the founders and CEOs, Laurin Hahn and Jona Christians, as well as Torsten Kiedel (CFO), Thomas Hausch (COO), and Markus Volmer (CTO).

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https://sonomotors.com/en/press/press-releases/internationally-renowned-top-executive-joins-sono-motors-as-cto/ Sono Motors
2021-02-25T15:21:00+01:00 2023-12-27T03:29:39+01:00 Here Are the Results of Our Sion Design Survey

As you know, we are a community-oriented company. That means we try to incorporate feedback from our supporters into our daily work whenever possible. Even though we are well advanced in the development of the Sion, we still wanted to know how the design of the Sion is received by the people out there. After all, small changes are still possible without jeopardizing the schedule or having to change tools.

We, therefore, published two surveys and want to share the results with you today. Our questions were not intended to preview possible updates (e.g. battery, ADAS, etc.). Some of your answers also help us to better understand the market and what our supporters want. They also help us to constantly improve. We received a total of more than 20,000 responses from you - a great resource in developing the best possible Sion. 

We have passed on the results directly to our engineers and summarized them for you in this document. We hope you find them as insightful as we do!

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https://sonomotors.com/en/blog/here-are-the-results-of-our-sion-design-survey/ Julius
2021-02-22T16:00:00+01:00 2023-12-27T03:29:39+01:00 "I've Set Myself Three Big Goals": A Frank Conversation with Advisory Board Member Sebastian Böttger

Last summer, we announced that we would be adding an advisory board to our company. Since the community plays a central role in Sono Motors, we decided to include one person on the board representing and communicating their ideas, concerns, and opinions. We called for applications and received over 170 responses. In the end, our supporters voted and by winning more than 50 percent of the votes, Sebastian Böttger became the first Sono Motors advisory board member. In our interview, we talk to Sebastian about his goals, how he changed from being a skeptic to becoming a supporter, and why he thinks that in ten years, no one will be desperately looking for parking spaces anymore. 

Hi Sebastian! Please tell our readers who you are and what you do when you're not thinking about the Sion.

Sure, I'd love to! My name is Sebastian Böttger, I am 47 years old, come from Munich and I am a qualified electrical engineer. I have been an entrepreneur for about 20 years and run a company for software applications. Among other things, we develop digital services for the automotive industry. I've been driving EVs since 2013 and also have my own rooftop solar power system. And, of course, my reservation number is #4774!

Sebastian

Not bad! That currently puts you in the upper middle. Tell us briefly why you decided to apply as a member of the advisory board. 

For me, there were three decisive factors. First, I wanted to actively contribute to the development of the Sion. But a traditional job at Sono was out of the question for me, since I have my own company to run. I am also responsible for my team. 

Secondly, for years I have been intensively discussing Sono Motors and the Sion in various forums and on Facebook. I've also been to almost all the events so far, where I've got to know many people from the community. And, vice versa, some of the active members also know me - also because of my weekly column on the company.

Thirdly, I can also bring a lot of technical experience to the table, as I have been active in electromobility and the energy industry for ten years. When your email arrived with the candidate requirement criteria, I found that the description fits me perfectly. Therefore I am also very happy that it all worked out.

How did you become aware of Sono Motors?

I have known about the project more or less since it was launched. Back then, the concept piqued my curiosity, which is why I went on the first test drive at the Olympiazentrum in 2017. At the time, I was very critical of the time schedule and of some of the vehicle’s unique selling points. For example, delivery in 2019 including all the promised features at such a price seemed, let’s say, extremely ambitious to me. 

Sebastian on his first test drive in 2017 

Nevertheless, I was very eager to find out whether the solar integration would actually work and whether it would produce anywhere near the range that you claim. That's why I also participated in the public funding campaigns on Seedrs and WiWin. I was and still am very curious to see if it really works.

Interesting! How has your attitude towards our project changed over time? 

As I already mentioned, I was very critical at the beginning - and of course, I still am. As a member of the advisory board, that is simply one of my responsibilities. However, I'm much more satisfied with the way you've been acting and communicating since the big funding campaign in 2019. The project has become more grounded since then. 

There was a comprehensible roadmap, transparent financial planning, and concrete measures to achieve upcoming milestones. Schedule changes happen in every project and I don't think it's a tragedy as long as everyone is aware of the consequences. That's why I'm currently pushing to get the schedule back on the website.

Back in the days, I enjoyed being critical of Sono, but essentially, I think the Sion is a very important, useful, and promising concept. All major automotive companies wanted to become mobility service providers. However, most of such joint ventures have been discontinued. Again, cars are getting bigger and more expensive. For 15 years, OEMs have wanted to make money with digital services, but little more than payable map updates have been achieved. In that regard, the Sion offers new ideas. It’s worth making way for them. 

Is that why you decided to place a reservation for the Sion?

I placed my first reservation out of pure curiosity. I wanted to know if solar panels on a car would do any good. Also, since Sono wanted to collect 5,000 reservations for kicking off series production, I thought to myself - "ok, I want to see that!" 

I'm still curious how much power can really be generated by solar integration. By that, I mean in a real vehicle with road approval under everyday conditions and not just on paper. I'm keeping my fingers crossed for Mathieu and the Sono Solar team. 

Which things do you currently regard as critical, which as positive? 

What I consider to be positive is the motivation of the team. Everyone I've had contact with so far is fully committed to the project. They want to make this happen! I also admire the willingness to do things differently - despite the risk that it might not work out. Sono doesn't just want to build a car and make as much profit as possible. It's about building a sustainable company that wants to make a valuable contribution to the fight against global warming. 

I still have a critical view of the still ambitious schedule and the associated budget. Some problems can really be fought with innovative ideas, others, however, only with time and/or money. The good thing is that Sono manages to hire more and more people who make such risks more and more manageable.

As an advisory board member, you represent the community within the company. What are the points that you would like to improve?

Like everyone in the community, I want the Sion to get onto the roads. Beyond that, I've set myself three other big goals. 

Transparency is clearly my top priority. First, to the company, so that the community's expectations are adequately represented, and second, to the community, to create awareness for critical issues. The information must be transparent and comprehensible so that everyone knows how far the Sion still has to go before it is ready for series production. We are on the right track here and are trying out new formats, such as the "live check" of the new prototype, or already established formats like my weekly blog “Sono News”.

CEO Laurin and Sebastian testing the new prototype on a test track 

In addition, the community needs a real structure - a team, not just a single advisory board member. To this end, I will soon revive the interactive map, for example, in which every reservation holder can register. That way, everyone can network much easier with the others.

Finally, there is the issue of trust. I currently enjoy the confidence of Sono Motors and of the community. At least that's my current impression. Already, many people are sharing their opinions with me in a very open manner, and I consider that a good sign. As long as it stays that way, I can carry out my new function very well. I want to maintain that. Ideally, at some point, everyone will be sitting in a Sion that has become better and better with feedback from the community - and it is my mission to help with that. 

By now, we've talked a lot about Sono and your new role as an advisory board member. As someone who works in the industry as a software developer, we're curious to know: What do you think mobility will be like in ten years? 

We will see a major transformation in the next few years. After cell phones, Silicon Valley has now discovered mobility - and especially electromobility - as a new playground. I think that more and more of the car will be digitized and thus migrate to the cloud. Thus, the car of tomorrow will have a "digital twin". This development will come with the advantage that things like traffic jam avoidance, parking fees, and even traffic planning as a whole could be completely re-imagined. 

All this data will make it possible to predict vehicle failures even more precisely than today, well before a critical component actually breaks down. Today, there already are applications that show where someone has moved out of a parking space. In ten years, people will no longer have to search for a parking space in cities; the car will navigate the driver to the next available space - simply because the cloud knows exactly where which car is parked, and even where someone has just gotten in his car to leave. 

With his own software company, Sebastian and his team develop digital services for the automotive industry

Thanks to its interfaces, the Sion is on the right track to being optimally integrated in this new world of software defined vehicles. We will make sure that only data that is needed for this purpose is actually transmitted. By 2025 at the latest, I want a message to pop up in my car when I start driving, "do you want to take someone with you on your journey yes/no?". And in 2030, I want the car to tell me that I don't need to drive off myself because someone will come along in two minutes who can take me to my destination.

That's a close match of what you and we envision for the future. Thank you very much for this detailed discussion! Lastly, is there anything else you would like to say to us or the community? 

Thank you for your confidence! In case anyone wants to reach out to me, just send me an email at seb@sono.community or leave a comment at sono.community. From March on, reservation holders can share their location on a map on my website – of course, only if they like to do so. That way, we will have a concrete idea of where the community is located. I am looking forward to getting in touch with you! 

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https://sonomotors.com/en/blog/a-frank-conversation-with-advisory-board-member-sebastian-bottger/ Julius
2021-01-28T15:00:00+01:00 2023-12-27T03:29:39+01:00 Sion Prototype Reveal at the Consumer Electronics Show 2021

Wow - our first time at the Consumer Electronics Show was a truly special moment for us. We are very happy that we received so many exciting reactions and questions from people all over the world. By the way, for those who couldn't watch it live, we have prepared a playlist with all the videos. Spoiler: the new prototypes are shown there, too!

In our second prototype, we have already installed parts that are intended for series production. These either come from series suppliers or are near-series components. For us, this is a big step forward, especially since we were able to successfully implement the electric drive unit, the chassis, and the MPPT Central Unit, which are all intended for series production. In addition, all straight and curved exterior parts of the Sion were equipped with solar panels

We would like to thank all the people who supported us during the CES. The very positive feedback strengthens us in our vision and pushes us to continuously do our best every day. Thank you! 

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https://sonomotors.com/en/blog/sion-prototype-reveal-at-the-consumer-electronics-show/ Julius
2021-01-25T13:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors and EasyMile Reveal Collaboration on Autonomous Solar-Powered Passenger Shuttle

Sono Motors and EasyMile are equipping an EZ10 autonomous shuttle prototype with Sono Motors’ patented solar technology, testing a new energy concept for electric and driverless shuttles.

The Munich based solar mobility provider plans to transfer flexible solar panels to a variety of platforms, now including the EZ10. This could unlock a new type of energy-efficient transportation which could really make a difference to the still weak spread of charging stations for electric vehicles.

The joint venture was recently revealed at the virtual Consumer Electronics Show (CES) 2021 with Sono Motors announcing its intention to license its unique solar technology to other companies. Its solar technology modifies a vehicle's exterior by installing solar cells integrated into flexible polymers instead of glass. This makes it lighter, robust, cheaper and more efficient than any other vehicle solar technology currently available.

This technique allows the company to integrate solar panels on a variety of vehicle types creating a number of new application possibilities. Because of the large contact area on buses and trucks, these vehicles are particularly suitable to be fitted with the flexible panels. 

The EZ10 electric shuttle, which has already been used in more than 30 countries around the world, operates up to 16 hours with one battery charge and must be plugged-in for around  6 hours to be fully re-charged from empty. This could be dramatically shortened with the new solar technology

The solar cells convert sunlight into energy that is stored in the vehicle’s battery. Solar cells, which produce energy no matter whether a vehicle is driving or parked, can significantly increase the range of the electric vehicle. 

This could give the driverless shuttle even more autonomy as it would be more independent of the available charging infrastructure. A big cost-saver for private sites as well as an advantage for the many communities that use the shuttle as an extension of the public transportation network.

The solar body panels aren’t designed to replace traditional charging methods. They instead can reduce the number of charging intervals. This solar-powered approach is an efficient and quick way of promoting electric mobility.

About EasyMile

EasyMile develops autonomous technology and vehicle solutions for passenger and goods transportation worldwide, its award-winning technology is leading in the field of autonomous driving. The company's unique software can be integrated in numerous other vehicle platforms allowing reliable and safe operations without an existing infrastructure and under mixed traffic conditions. It’s people mover solution, the EZ10, is the most-deployed driverless shuttle in the world and is already being operated in more than 30 countries to relieve local public transport. 

EasyMile's autonomous vehicle solutions play a decisive role for the mobility of the future; they not only enable seamless and individual mobility for passenger transport by closing so-called first-last-mile transport gaps, but also automate the flow of goods in logistics processes. The technology company works closely with its partners on the latest technologies in the areas of software, robotics and artificial intelligence in order to further develop the vision of autonomous driving. 

Media Contact: 
Franca Trippler | franca.trippler@easymile.com | +49 162 57 164 06

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https://sonomotors.com/en/press/press-releases/sono-motors-and-easymile-reveal-collaboration-on-autonomous-solar-powered-passenger-shuttle/ Sono Motors
2021-01-20T16:00:00+01:00 2023-12-27T03:29:39+01:00 Mobility Provider UFODRIVE Will Incorporate Sion Into Fleet

One of our central goals is to “Make Automobiles Great Again!” We have even come up with a catchy hashtag, #MAGA, that we are now trying to establish on Twitter. Okay, just kidding. All jokes aside, as a car company it is our deepest desire to make mobility more sustainable, accessible, and fair. That is why we integrate mobility services such as ride pooling and carsharing into our vehicle from the get-go to give all car owners the opportunity to share their Sion with others. 

The Sono app will offer a variety of services that you can conveniently access via your smartphone. If you are keen to know more about our digital services and how they work in real-life, we recommend reading this article on a pilot project we did a couple of months ago.

Ride pooling as part of your everyday life, saving money and helping the environment.

Of course, we are not the only company that wants to make sharing-on-demand accessible to more and more people. There are many great companies that have made the provision of electric vehicles their business model - and we are always very happy when opportunities arise that lead to collaborations. The latest example of such is our collaboration with the Dutch mobility company UFODRIVE, the first all-digital and all-electric car rental company.

Rebuilding Car Rental Services 

Founder and CEO Aidan McClean and his team have dedicated themselves to rebuild the process of renting cars from the ground up. Their overall goal was to create a service that would give users the smoothest experience when renting a car while at the same time relying only on electric vehicles for a variety of reasons: they are less expensive in maintenance, have a direct impact on air quality, are more quiet, and are regarded safer than combustion cars. Right now, UFODRIVE provides a variety of electric vehicles, such as the Tesla Model S, the Jaguar I-Pace or the Nissan Leaf. 

UFODRIVE fleet at the airport in Brussels.

New electric models are added, as soon as they are released. Now, take an educated guess which vehicle will be incorporated into UFODRIVE’s fleet as soon as it is hitting Europe’s streets? Right, the Sion. 

Affordable Solar Mobility For UFODRIVE 

We are very excited to announce that UFODRIVE decided to augment its range of products with the Sion. Since more and more customers of the company are renting cars for a short commute, UFODRIVE sees a huge potential in the Sion’s ability to provide range almost free of charge and emission thanks to its unique solar integration.

UFODRIVE CEO Adam McClean

CEO McClean values our new technology, stating that UFODRIVE “believes the Sion will become the first solar car to go into volume production. Its recharging capabilities will make it the ideal vehicle used for car sharing in cities.”

Our colleague Thomas Hausch, COO of Sono Motors is thrilled to kick-off such a promising collaboration with the Dutch company: “UFODRIVE and Sono Motors have the same goal: providing clean, affordable and easily shareable mobility to a new and growing group of customers: people who are defining their transportation needs by the ease of use and the carbon footprint they leave behind.” We cannot wait to take further steps towards reaching our goal! 

By the way: You can support UFODRIVE. A few weeks ago, the company launched a campaign on the crowdfunding platform Seedrs. You can find more information here.

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https://sonomotors.com/en/blog/mobility-provider-ufodrive-incorporates-sion-into-fleet/ Julius
2021-01-13T12:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors Unveils Next Gen Solar EV Prototype - Surprising Audience with Solar Trailer
  • Solar EV Innovator successfully exhibits next gen prototype in a two-part series at CES

  • Surprises community with new capabilities for proprietary polymer-based solar technology

  • Ushers in expanded possibilities for 100% clean, free energy production


13th January 2021 – Sono Motors, the Company that seeks to revolutionize the future of solar-powered transportation, successfully unveiled the next frontier for its polymer-based Sono Solar Technology at CES 2021. Remarkably, the Company surprised live session participants with the first prototype of a photovoltaic (PV) or solar trailer, produced in conjunction with Finnish solar manufacturer, Valoe and subsidized by the German Federal Ministry for Economic Affairs and Energy (BMWi) as part of the evTrailer research project. This announcement occurred in conjunction with the introduction of the next generation prototype for the innovative Solar EV, the Sion.

In line with Sono Motors’ vision for an affordable, accessible world without fossil fuels, the Company has created a proprietary platform to expand the use of the solar technology innovations borne from the Sion. The PV/solar trailer represents the next step for Sono Solar Technology, underscoring the technology’s potential use across various mobility applications and upending global consumers’ historic reliance on traditional combustion engines.
“We have found a way to deliver sustainable, free power across various transportation applications by replacing the traditional “paint shop” process with integrated solar technology. While Sono Solar Technology is cheaper, lighter, and much more efficient than conventional glass-based solar cells, I am most excited about the potential uses that will arise thanks to its incredible flexibility,” said Jona Christians, Co-Founder and Chief Executive Officer of Sono Motors. “We are continuing to enhance this technology and look forward to our next achievements.”

The Sion also exhibited the first series-intended solar integration on the body for the model during CES 2021, emphasizing the Company’s innovation track record. 

What is new in the next gen prototype of the Sion

Sono Motors integrated series-intended parts into a prototype. Those parts either come from series suppliers or are parts that are close to series. Besides the successful implementation of the series-intended electric drive unit, the chassis and the MPPT Central Unit (MCU), Sono Motors achieved something remarkable by placing solar panels on all straight and curved exterior parts of the vehicle. Sono Motors has also taken a major step forward in the development of the Sono App and infotainment, which is demonstrated by this prototype. The in-vehicle series-intended control units now communicate with the app and infotainment. For example in live tracking of solar energy, keyless entry, opening the charging lid, control of the cabin temperature and ambient light. High quality surface materials and the series-close dashboard give the vehicle a modern look and a good indication of the standard look and feel of the Sion.

For more information about the new features of the prototype, please submit a request to Sono Motor’s contact persons.

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https://sonomotors.com/en/press/press-releases/sono-motors-unveils-solar-ev-prototype-surprising-audience-with-solar-trailer/ Sono Motors
2021-01-04T14:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors Reaches New Landmark in Journey to First Solar EV for the Masses
  • Community-supported solar EV trailblazer launches a new prototype at CES 2021

  • Launch builds upon the Company’s proven track record of consistent development

  • Sono Solar Technology underscores the Company’s vision to provide consumers with affordable and convenient solar EVs


4th January 2021  Sono Motors, the Company innovating electric mobility with its proprietary solar technology, announced that it will launch the next generation prototype of its revolutionary Solar EV for the masses – The Sion. Led by its founders’ vision of a world without fossil fuels, Sono Motors has been supported by its community to further advance EV development. The Sion blends disruptive technology with affordability to enable individual contribution to global sustainability. Combined with Sono Motors’ proprietary Sono Solar Technology, the Sion is paving the way for an attractively priced transition to a sustainable future.

“We are tremendously proud to deliver on our promise to our community to showcase a product that can drive the transition to a solar-powered future. This journey started in a garage with a simple idea and has become a great force thanks to the overwhelming support of our community,” said Laurin Hahn, Co-Founder and Chief Executive Officer of Sono Motors. “I speak for our entire team when I say that the next generation Sion prototype is just the beginning, and we are keen to set through to realize our goal. We are looking forward to continuing our progress to deliver the first Solar EV for everyone.”

Marking one year since it concluded one of Europe’s largest crowdfunding campaigns, Sono Motors is showcasing the product of its relentless and innovative work throughout 2020. The Sion boasts the lowest total cost of ownership in its class at an estimated gross price point of just € 25,500 and has amassed more than 12,600 pre-orders to date. In a nod to great automotive trailblazers of years’ past, the Sion embodies the idea of affordability, convenience, and accessibility in a one-size-fits-all package.

“This vision is powered by our proprietary Sono Solar Technology, which replaces traditional paint with integrated solar panels that harvest clean, renewable, free energy,” said Mathieu Baudrit, Director Photovoltaic Integration of Sono Motors. “With a boundless range of potential applications, Sono Solar Technology is a seamless, flexible and lightweight solution for efficient electric charging.”

This will be Sono Motors’ first time presenting at CES, one of the world’s largest and most influential technology events. CES 2021 will be held in a completely digital format from January 11-14, 2021 and will feature more than 1,000 exhibitors from across the globe. Sono Motors Live Session Details:

  • January 12 Trailblazing Mobility: The Solar EV of the Future @ 1:45-2:15PM EST
  • January 13 Garage to Global Innovation: Is SEV the new SUV? @ 1:45-2:15PM EST
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https://sonomotors.com/en/press/press-releases/sono-motors-reaches-new-landmark-in-journey-to-first-solar-ev-for-the-masses/ Sono Motors
2020-12-16T07:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors Completes €45 million Series C Funding Round
  • Solar mobility trailblazer reaches €100 million funding milestone 

  • Funding positions the company for continued development of Solar Electric Vehicle Sion


16th December 2020 – Sono Motors, the company developing the innovative Solar Electric Vehicle Sion, recently announced it has completed €45 million in Series C financing. The company’s latest financing round was led by a collection of renowned European institutional investors – including Swedbank and DNCA – together with various family offices.  Joh. Berenberg, Gossler & Co. KG served as the company’s exclusive advisor on the transaction.

“We are very proud of the positive feedback Sono has received from investors, as they continue to embrace clean technology innovation. This initial closing of our Series C financing is a testament to the confidence investors have in the Sion and its expected contribution to a more sustainable world,” said Torsten Kiedel, Chief Financial Officer of Sono Motors. “We are confident that our proprietary Vehicle Integrated PV (ViPV) technology, together with integrated Mobility Services, will provide the Sion with a distinctive competitive edge in the global EV markets.”

Early this year, the company made news by closing €53 million in funding after one of the largest crowdfunding campaigns in European history. Adding in the latest Series C, Sono Motors has raised approximately €100 million across equity and debt financing as well as paid reservations. 

As lead investor, Swedbank Robur supported the company through the Swedbank Robur Småbolag Europa fund, led by Mrs. Ulrika Enhorning. With more than €1 billion in assets under management, the fund has made notable investments in successful startups such as HelloFresh.  

“We are delighted to announce that Swedbank Robur has decided to invest in Sono Motors, the German-based developer of Solar Electric Vehicles. We are especially proud to take the role as a lead investor and become part of the company’s journey to disrupt the strongly growing EV market with its revolutionary solar technology,” said Mrs. Enhorning. “The investment fits very well with our fund Swedbank Robur Småbolagsfond Europa and our ambitions to actively shape the transition towards a more sustainable future.”

Alongside Swedbank, DNCA participated in the round. “DNCA are extremely excited to join Sono Motors on its mission to bring Solar Electric Vehicles into the mass market. We believe that Sono is well-positioned to capitalize on the promising market opportunity and are delighted to be leading this funding round,” says Rajesh Varma, Fund Manager of DNCA Invest Beyond Global Leaders. 

The Sion is projected to be the first mass-produced Solar EV, for which the company has already collected more than 12,600 pre-orders.

This press release may not be published, distributed or transmitted in the United States. This press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the “Securities”) of Sono Group N.V. or any of its affiliates (together, the “Company”) in the United States or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Any public offering of securities to be made in the United States, if any, will be made by means of a prospectus that may be obtained from the issuer or the relevant selling security holder and will contain detailed information about the Company and its management as well as financial statements. 
This press release contains “forward-looking statements”. Forward-looking statements in this release include, but are not limited to, statements concerning the expected start of series production of the Company’s vehicles and certain of their specifications. Various risks and uncertainties could cause actual outcomes and results to differ materially from those contemplated by forward-looking statements. Forward-looking statements speak only as of the date the statements are made and are based on information available to the Company at the time those statements are made and / or management's good faith belief as of that time with respect to future events. The Company assumes no obligation to update forward-looking statements to reflect events or circumstances after the date that they were made, except as required by law.
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https://sonomotors.com/en/press/press-releases/sono-motors-completes-45-million-series-c-funding-round/ Sono Motors
2020-12-11T06:00:00+01:00 2023-12-27T03:29:39+01:00 New Prototype of Sono Motors’ Sion to Be Launched at CES 2021
  • After a year of development, Sono Motors is setting an important milestone towards series production.

  • The founders of Sono Motors announced this to their reservation holders and supporters in a live stream held on Thursday, December 10.

  • The new generation of prototypes will be unveiled at one of the world’s largest technology trade shows, the Consumer Electronics Show (CES).

11th December 2020 – Solar mobility provider Sono Motors announced the launch of the new prototype generation of its solar electric car, the Sion. The company held a live online session for their reservation holders and other supporters. The development of the vehicles was funded by one of Europe’s largest crowdfunding campaigns, which the company successfully carried out in January 2020. Backed up by new financial resources and the support of the community, Sono Motors started the new prototype project at the beginning of 2020.

Within one year, the company built the next prototype generation of the Sion. This new prototype demonstrates the progress the company has made in terms of development during a time of global transformation caused by the COVID-19 pandemic. “For the first time, we integrated parts in a prototype that will also be installed in the series vehicle.” says Denis Azhar, Sion Group Lead at Sono Motors. “The successful assembly is the result of strong partnerships with suppliers and employees from the facility in Roding.” By manufacturing these prototypes, Sono Motors is taking another major step towards series production.

A Clear Vision and Agile Mindset During the Pandemic

The construction phase of the prototypes coincided with the COVID-19 pandemic that affected the entire automotive industry. Only a few weeks into Sono Motors’ newly funded project, the company had to adapt its processes in line with the unprecedented situation.
By keeping its vision clear and collaborating in agile structures, the Sono Motors team was able to adapt and continue its work.

It spent the year relentlessly working to achieve the planned milestones for its second prototype in 2020: the program restart in spring, CAD handover in summer, and the completion of the second prototype generation in winter.

Cofounder and CEO of Sono Motors Laurin Hahn says: “Our work reality has changed completely due to COVID-19 but our vision has not. In the midst of a global health and economic crisis, we have focused even more on our vision – determined to alleviate another global crisis, global warming.” “The successful completion of the crowdfunding campaign has made us aware once again that we have created an unstoppable movement that people are willing to support with compassion and confidence. This gave us the energy to continue our work more committed than ever,” adds cofounder and CEO Jona Christians.

The CES – Stage for Innovative Technology

The founders stated that this next generation of prototype vehicles will be released to the public at the CES, one of the world’s largest and most important trade fairs for representatives of the electronics industry.
For more than 50 years, the CES has been the global platform for numerous innovations from the tech industry. As an innovative company, Sono Motors wants to harness the international attention of the trade show in order to present its technology to a wider audience and get feedback.

In 2021, the CES will be completely digital for the first time. This new setup will allow the exhibitors and visitors to attend safely within the context of the COVID-19 measures. The CES will take place from January 11 to 14, 2021.

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https://sonomotors.com/en/press/press-releases/new-prototype-of-sono-motors-sion-to-be-launched-at-ces-2021/ Sono Motors
2020-12-03T06:30:00+01:00 2023-12-27T03:29:39+01:00 Solar Mobility Provider Sono Motors and Team Rosberg Engineering (TRE) Partner on Development of Chassis for Solar-Electric Car Sion
  • The novel cooperation includes the development, simulation, and production of a suspension and chassis system for Sono Motors’ electric car Sion.

  • The chassis system is integrated into Sono Motors’ new prototype for the first time.

3rd December 2020 – Solar mobility provider Sono Motors has announced its cooperation with Team Rosberg Engineering (TRE) for chassis development of the Sion. The chassis, including the steering system, is a central aspect of every vehicle, especially when it comes to driving experience and driving safety. In the joint project, both companies join forces throughout the development process, from the design and simulation of components and the manufacturing of a functional prototype chassis to the development of the series chassis system. In particular, the partners focused on the design of a safe and robust subframe, which provides sufficient resistance in the event of a frontal crash while at the same time meeting the installation space requirements of the solar-powered Sion.

Incorporating Racing Engineering Expertise into Innovative Mobility Technology

Founded by Formula One world champion Keke Rosberg, TRE is one of the leading providers in the field of vehicle development and brings many years of experience and expertise from the field of motorsports to the development of passenger vehicles. Sono Motors went for a proven partner when choosing TRE. Already in 2018, TRE was involved in selecting a suitable axle concept for the company’s series vehicle.

For Sono Motors, this cooperation “delivers positive outcomes in several aspects,” says Jona Christians, cofounder and CEO of Sono Motors. “TRE is a leading player in chassis development, incorporating specialist knowledge from racing engineers into passenger-car manufacturing. Furthermore, with a German supplier, we have short delivery distances and short delivery times. Meanwhile, both companies’ visions align to drive sustainable mobility forward.”

Nico Rosberg, shareholder of TRE and son of the founder Keke Rosberg, comments that “as a sustainability entrepreneur, it is a particular concern of mine to contribute our expertise to the development of Sono Motors’ Sion and to further develop the future of alternative mobility concepts.” TRE CEO Eckardt Döhrer adds, “We are pleased that we can contribute our profound know-how and TRE’s more than 20 years of experience in chassis development to the development of the Sion and thus help shape technological progress in future-oriented mobility concepts.”

State of Development

By using efficient manufacturing processes to produce new parts such as subframes, wheel carriers, and stabilizer bars, the prototype parts already largely correspond in their properties and functions to those in the future production vehicle.

In October of this year, the finished parts were transported to the prototype production facility located in Roding. The TRE chassis systems are already installed in the next generation of prototypes of the Sion, which is planned to be launched at the end of the year. The prototype can be used for tuning runs and road tests.

About TRE

TRE GmbH (Team Rosberg Engineering) is a joint venture of IAV GmbH and Formula 1 World Champion Nico Rosberg. TRE has its roots in racing and was spun off from the racing team of the Formula 1 World Champion Keke Rosberg in 1997. The main shareholder IAV GmbH is one of the biggest engineering suppliers with over 8,000 employees.

TRE is highly specialized in chassis development for production and racing vehicles and works as an independent engineering supplier for most of the large OEM's worldwide. TRE’s main competencies include all aspects of vehicle dynamics development with more than 20 years of experience.

In particular, TRE provides a portfolio of complex simulation (axle layout to full vehicle simulation), design of chassis components up to complete rolling chassis, as well as vehicle- and driving dynamics testing. At the expanding headquarters, TRE operates one of the most advanced 7-Post Vertical Dynamic Test Rigs in Europe.

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https://sonomotors.com/en/press/press-releases/sono-motors-tre-partner-on-development-of-chassis-for-solar-electric-car/ Sono Motors
2020-12-03T06:00:00+01:00 2023-12-27T03:29:39+01:00 Sion on Wheels: Collaboration With Team Rosberg Engineering – TRE GmbH

Whether we like it or not, in Germany, millions of people drive cars every day. According to a 2017 study by survey institute Infas, cars are by far the most popular means of transport. It is, therefore, not surprising that of the 3.2 billion kilometers covered every day in Germany, around 60 percent are covered by the help of our beloved automobile. 

What exactly goes on in the vehicle while we are carefully maneuvering it through city congestion and along expressways throughout the country is of secondary importance – at least for those of us who are not automobile enthusiasts. And yet the chassis, and therefore also an automobile’s steering, is a key aspect, especially when it comes to the driving experience. A car with power steering and one without are worlds apart, for example. 

Our partner for chassis: TRE 

When selecting a suitable axle concept back in 2018, we got together with an expert from the world of motorsport – Team Rosberg Engineering, or TRE for short. The company based in Neustadt an der Weinstraße takes its name from Keke Rosberg, race car driver and Formula One world champion. 

In the late 1990s, Rosberg adopted the approach of incorporating expertise from the world of motorsport into the development of production vehicles. His idea was to establish a development center for chassis systems which drew on the expertise of race engineers so that standard automobile manufacturers could benefit, too. TRE is now a leading light in the field of chassis development. 

The company headquarters in Neustadt an der Weinstraße in Rhineland-Palatinate

CEO Eckardt Döhrer describes the company’s vision as follows: “TRE has set itself the goal of serving its customers as a one-stop shop for every development step from the blank sheet of paper through to a prototype, if required. In our collaboration with Sono Motors, we are developing the entire suspension and chassis system for the production vehicle and prototype.” 

Bringing Computer Models to the Streets 

When developing vehicle parts, computer-based work is essential. Engineers design the various components and put them all together with the aid of CAD models. A great many factors have to be taken into account in the process. “At TRE, "the scope of work is divided into three areas: design, simulation, and production," explains Axel Hoffmann, Head of Chassis Development. “The Design team designs the chassis and the components on the basis of making the best possible use of the available space.”

The CAD models are examined and modified again and again

The development of what’s known as the subframe is especially interesting. The engineers developed it to provide high lateral stiffness and high deformability of the frame in case of a frontal collision. These two objectives must be reconciled with the particular space requirements of an electric drive. 

CAD model of an electronic drive unit and subframe

The positioning of all the chassis components is determined in close cooperation with the Multibody Simulation team. In the process, the developers also evaluate the kinematic characteristics and their influence on the construction.

TRE thoroughly analyzed the Sion’s steering system in particular, as the requirements regarding steering wheel position, pedal clearance, steering angle, and kinematics had to be met in a very tight space.  

An ADAMS model of the front chassis

The components of potential suppliers are incorporated into the computer simulations at this stage, too, in order for the desired overall vehicle behavior to be achieved. This allows the engineers to incorporate the vehicle requirements – lateral, longitudinal, and vertical dynamics, comfort, sufficient ground clearance, a tight turning circle – into their calculations and take them into account. 

The developers additionally simulate various load conditions, firstly to check the elastic flexibility and secondly to test the vehicle’s ground clearance. The results are presented to everyone involved as a CAD model. 

Simulation of various load conditions with a CAD model

A number of parts had to be manufactured manually for the new prototype on the basis of the chassis developments for mass production. In June of this year, TRE began to derive the construction of the entire chassis for the prototypes from the status at that time of the CAD model for production vehicles.

Welding work on the subframe

“For parts like the subframe, spindle, stabilizer bar, and twist beam which are manufactured in large numbers for mass production using costly tools, we designed more efficient, prototype-based manufacturing processes,” explains Axel Hoffmann. “The prototype parts constructed in this way boast properties and functions which already largely match those in a production vehicle in spite of series tools not being used. This means the vehicles can be used for tuning drives and road tests.”

A computer-animated model of the front axle of the new prototype

There will, of course, be differences from the production vehicle in terms of detail. The prototypes are safeguarded with predominantly quasistatic load cases. These parts will be further optimized in terms of component mass and service life ahead of final series production. The tools used to manufacture the series axles will also be different as, in contrast to the prototype manufacture, large quantities will be needed.

Wheel mount The finished front axle module

The ready-to-mount axle modules were shipped to Roding in October, where they have since been installed in the prototypes and tested for functionality. We have already shared a few photos of the manufacturing process in Roding with you. If you haven’t seen them yet,you can bring yourself up to speed here

The Big Picture

TRE is a very important partner for us. We are thrilled to have the team’s expertise on our side. Furthermore, with Nico Rosberg, TRE shareholder and likewise a Formula One world champion, the team is also being backed by a sustainable entrepreneur and investor. Nico seemed very impressed by the Sion and Sono Motors, and shares our objective of advancing a positive change for society and the environment: “As a sustainability entrepreneur, it matters a great deal to me that we are applying our expertise to the development of the Sion by Sono Motors and are further developing the future of alternative mobility concepts.” 
Regarding the project, we wholeheartedly agree with TRE CEO Eckardt Döhrer, who says: “We are delighted to be able to apply our sound expertise and TRE’s more than 20 years of experience in the area of chassis development to the development of the Sion with Sono Motors and, in the process, to be playing a part in shaping the technological progress made with future-oriented mobility concepts.” With partners like this, we can achieve our ambitious goals!

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https://sonomotors.com/en/blog/sion-on-wheels-collaboration-with-team-rosberg-engineering-tre-gmbh/ Julius
2020-12-01T17:00:00+01:00 2023-12-27T03:29:39+01:00 Manufacturing Update: Prototypes On the Home Stretch

We are fully focusing on the manufacturing of the prototypes to complete production before the end of this year, as promised. In late October we provided the last update in this regard, so we thought you might like some new impressions. With the assembly of the wheels, the construction of the chassis is finished. What are our next and final steps? Read it here! 

In addition to the installation of the chassis, we have made further progress in the last few weeks. Among other things, the high-voltage system was installed in the vehicle and successfully put into operation. One central component of this is the onboard charger, i.e. the device to which all high-voltage components of the vehicle are connected. These include, for example, the high-voltage battery that drives the vehicle and the high-voltage air-conditioning compressor that compresses the refrigerant for the air-conditioning circuit.

Wheel mounts of the prototype

Our team has also installed the MPPT Central Unit (MCU). It enables the traction battery to be charged with the energy the Sion generates from the sun. This means that the high-voltage system for the powertrain can also be supplied with energy while driving. If you would like to learn more about this technological miracle, we recommend reading this blog post

Hands-on-mentality at Roding

We have also been able to integrate the engine from our partner Continental. These are already the same components as in series production. Continental has supplied the vehicle control unit (VCU) with the necessary software and put it into operation for the first time. The Vehicle Control Unit plays a central role because it operates the vehicle's drive train and coordinates the tasks of various control units. 

Cable management is a central issue when building prototypes

With the installation of the most important components of the drive system, the steering as well as the electrics and electronics, we set off on our first maiden voyage on the test site in Roding.

"For the whole team, this was really a special moment," explains Philipp Oberberger, responsible for the management of the prototype development. "In prototype construction, this is the one-time occasion when we are able to see the planning, development and theoretical tests of the past months put into practice," Philipp continues.

On our social media channels, we already shared some visual insights into the manufacturing process of the Sion’s body and the integration of the solar modules. Today, we can proudly announce that the tailgate, doors and hood are now mounted on the vehicle. During the last weeks we have also been working on the interior. The dashboard as well as other interior components are currently being installed in order to ensure all necessary safety guidelines for future test drives and to ensure good driving comfort.

Work on the interior has already been started

To be honest, we cannot wait to share the final results with all of you. It's great seeing how the new prototypes are being put together step by step. Now, it's only a matter of days before we can finally present them to you.

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https://sonomotors.com/en/blog/manufacturing-update-prototypes-on-the-home-stretch/ Sono Motors
2020-10-29T07:00:00+01:00 2023-12-27T03:29:39+01:00 News from Production: Prototypes Are Taking Shape

After three years, over 15,000 test drives in more than 50 cities and around 40,000 kilometers on the clock, we are sending the first generation of prototypes into retirement. Until the new prototypes are presented, test drives are no longer possible. To shorten the waiting time a little bit, we want to report on the current state of production of our prototypes. Already in a few weeks the new generation will see the light of day. 

Some weeks ago, we finished the digital development of the prototypes. The delivery of the prototype parts has also been checked off. These first, essential steps of production were already completed. 
Meanwhile the "Body in White" was also finished. In automotive engineering, this is what the basic construction of the body, i.e. the frame, is called. The Body in White of the next generation of prototypes is fully welded and treated with a corrosion protection, so that the vehicle is protected from rust and other environmental influences. 

The Body in White of one of the prototypes in the factory in Roding

Following this preparatory work, all mounting holes were drilled at the points determined in the CAD in order to be able to attach sheet metal holders to the frame. These are used, for example, for components such as control units or valves and pumps from the thermal system, which are currently being assembled. Other central attachment points, such as frame to seat or frame to engine, were integrated into the frame during the manufacturing process of the Body in White. 

Discussion about the prototype with our partners from Roding

The engine as well as the wiring harness, which has been extensively tested and validated on our test benches in recent weeks, are also currently being integrated.

The wire harness from one of the prototypes on the test bench

The next step is the installation of further components. These include, for example, the complete chassis, i.e. the front and rear axles, the pedals, brake boosters, the battery, the steering column, and a 12V battery.
The body parts with integrated solar cells, the so-called PV body panels, will not be attached to the vehicle for several weeks. This step is one of the last in the production process.

Examination of the PV Body Panels

After assembling all the individual parts, the complete vehicle must still be put into operation. This will also be an exciting step and an important milestone for the completion of the prototypes.
Of course we will keep you informed about our progress. Be curious and keep checking our social media channels to make sure not to miss anything. The same goes for the newsletter. If you are not yet registered, go ahead and subscribe now.

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https://sonomotors.com/en/blog/news-from-production-prototypes-are-taking-shape/ Sono Motors
2020-10-22T06:30:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors Prepares Approval of Technology for Solar Integration into Body of Electric Vehicles
  • The project with Fraunhofer Institute for Solar Energy Systems ISE extends from the testing of the patented solar technology through to approval.

  • The approval process is to be overseen by a recognized testing services provider.

22nd October 2020 – The German electric vehicle manufacturer and mobility provider Sono Motors today announced that it is working on a project with the renowned Fraunhofer Institute for Solar Energy Systems ISE. The aim of the partnership is to test and certify an innovative technology for integrating solar cells into the bodywork of electric vehicles. The partnership involves Sono Motors’ patented solar technology being comprehensively tested and taken to approval. The tests will focus in particular on producing evidence of the technology’s safety and reliability. The process of certifying the technology for use in electric cars is to be overseen by a recognized German testing services provider. Another primary objective of the collaboration between the Fraunhofer ISE and Sono Motors is to identify other potential areas of application in order to promote certification of the solar technology outside of electric cars, too.

Sono Motors’ solar technology

Sono Motors’ solar technology consists of lightweight, highly efficient photovoltaic modules, a corresponding control unit with a model for predicting the energy yield, and other system components for the electric and mechanical integration of the solar technology into the bodywork of electric vehicles. Solar modules are worked seamlessly into the surface of the body parts to supply vehicles with solar electricity. The technology will debut in Sono Motors’ Sion. Drawing on the power of the sun, the Sion’s solar system will be able to provide energy for an additional range of up to 245 km (112 km on average) a week. Production of the innovative electric car is currently scheduled to begin in 2022.

“We have been working hard on developing our solar technology ever since Sono Motors was founded. We are now in the final stages of having this one-of-a-kind technology approved. We are delighted to have the renowned Fraunhofer Institute for Solar Energy Systems join us at this crucial stage, with its expertise in the area of solar integration,” comments Mathieu Baudrit, Head of Research and Development, Solar Integration, at Sono Motors.

Dr. Harry Wirth, Division Director, Photovoltaics Modules and Power Plants at Fraunhofer ISE adds: “The integration of solar modules into vehicles is a key technology for the low-carbon mobility of the future. Solar electricity increases a vehicle’s range and fewer charging stops mean lower electricity costs. We are delighted to be able to contribute our institute’s comprehensive expertise, ranging from the development and testing of solar modules to electronic applications to this joint project.”

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https://sonomotors.com/en/press/press-releases/approval-of-technology-for-solar-integration-into-body-of-electric-vehicles/ Sono Motors
2020-10-22T06:30:00+02:00 2023-12-27T03:29:39+01:00 "Key Technology for Future Mobility": Solar Integration in the Body of Electric Cars Is Being Prepared for Approval

Together with the Fraunhofer Institute for Solar Energy Systems ISE in Freiburg, we are working on a project to test and certify solar integration into the body of electric vehicles. The approval process of the Sion, also called homologation, is to be accompanied by a recognized testing service provider. The cooperation will also show in which other application areas the technology could be certified. 

With about 1,200 employees, Fraunhofer ISE is the largest solar research institute in Europe. We are the first company to take the step of obtaining series production approval for road traffic, which explicitly includes the integration of solar cells into the entire car body and not only in the roof of the vehicle. Already in May we informed you about the current state of development. More about the technology behind solar integration can be found in our article "Park & Shine".

In the process, we combine lightweight, highly efficient photovoltaic modules with a control unit, a model for predicting the energy yield, and other system components that enable electrical and mechanical integration into vehicle bodies. The solar modules are integrated seamlessly into the surface of the car and are designed to supply vehicles with solar power throughout their entire service life. Mathieu Baudrit, head of the research and development department for solar integration, sees the partnership with the renowned Fraunhofer Institute for Solar Energy Systems as an important next step towards certification of the unique technology.

Dr. Harry Wirth, Head Manager of Photovoltaics, Modules and Power Plants at Fraunhofer ISE also fully supports the project. He adds: "The integration of solar modules into vehicles is a key technology for the low-carbon mobility of the future. Solar electricity increases a vehicle’s range and fewer charging stops mean lower electricity costs. We are delighted to be able to contribute our institute’s comprehensive expertise, ranging from the development and testing of solar modules to electronic applications to this joint project."

Our colleague Omar Stern is strongly involved in the project as Senior Project Manager ViPV and explained the cooperation with the Fraunhofer Institute in more detail.

Omar, what’s special about our collaboration with the Fraunhofer Institute for Solar Energy Systems?

Fraunhofer ISE has extensive experience in many different areas of integrated photovoltaics, including vehicle-integrated photovoltaics. Not only in Europe but worldwide it is one of the research institutions with the best and most up-to-date knowledge in this field. It has a remarkable infrastructure where many of the necessary tests for our technology can be performed. This is therefore an important and mutually beneficial collaboration that will help us to jointly advance the future of solar mobility. We will produce the first complete documentation required for the homologation of solar electric vehicles. This will certainly set a precedent and will be used as a standard for other vehicles with solar integration.

What are the requirements for obtaining approval for series production vehicles, or to carry out homologation? And what is the current status?

Our novel, vehicle-integrated photovoltaic technology is an integral part of the vehicle's body shell. Such a technology has not yet been homologated. Therefore, the first step is to understand all requirements and standards regarding safety and quality that are relevant for the approval of the technology used in the automotive industry. Subsequently, a set of standards based on existing regulations as well as standards for photovoltaic and automotive related products must be compiled. The aim is to create a specific "ViPV standard" adapted to our technology. 

The next step is to perform a thorough analysis of the structure, manufacturability and functionality of the technology, including an understanding of all possible errors and failures with a special focus on safety and reliability. This requires the definition of complete test plans for individual components, subsystems and the entire vehicle. These include the above-mentioned standards for photovoltaic modules for safety and quality, ECE homologation regulations for vehicle approval, crash tests (including pedestrian protection and other specifications) and durability tests of the entire vehicle. These tasks are carried out in close cooperation with specialized test laboratories and industrial partners with very good experience in photovoltaics, in our case Fraunhofer ISE, as well as with the homologation of the entire vehicle. 

In addition, the processes and tests are adapted to the environmental conditions and to the legal and technical regulations of the various target markets. All documentation and test results are compiled and submitted to the relevant regulatory authority in the country. This ensures that all the necessary approvals and certificates of conformity for a high-quality product are obtained.

We are currently in the process of finalizing the complete documentation required for homologation and defining the necessary tests. Together with Fraunhofer ISE, we have started discussions with accredited testing facilities and authorities. Currently, tests are being carried out to achieve this goal.

An exciting goal, indeed. It is very revealing to see how many different steps are needed to make the technology ready for series production. It's good to see that things are moving forward. Thank you for your time and good luck in the future!

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https://sonomotors.com/en/blog/solar-integration-in-the-body-of-electric-cars-is-being-prepared-for-approval/ Sono Motors
2020-09-15T08:00:00+02:00 2023-12-27T03:29:39+01:00 Park & Shine: Park the Sion in the Sun and Charge Free Solar Energy

To make the best use of solar integration in the Sion, the vehicle should be parked in the sun. But is it worth it at all, or is all the energy generated needed for the air conditioning system to cool the interior? Our community has asked us this question. In this article Mathieu, Director of Photovoltaic Integration, and Christian, Engineer for Photovoltaic Power Electronics, explain in detail how the charging of the battery cells works and how much energy is needed to cool the interior.

Theoretical speaking, the energy of the sun, which we receive on earth within one hour, is sufficient to supply the world population with electricity for a whole year. This energy is freely available without having to resort to finite resources. We use this energy by integrating solar cells into the body of the Sion. The technology is built into the black surface of the vehicle and is hardly visible. What is special about it, is the cell’s integration in the entire body, including the side panels of the vehicle. This results in a total solar cell area of six square meters. 

This technology also saves 20 percent in weight compared to conventional car parts. Solar integration enables an additional range of up to 5,800 kilometers per year - without any additional external energy source. In an earlier article by Christian we already reported on the current state of development of solar integration.

Functionality of Charging by Solar Energy 

Before we talk about the energy consumption of the Sion’s air conditioning system, we will first go into the functioning of the solar energy charging system. 

The artificial intelligence in the MPPT Central Unit, which we developed together with our partners in Spain, measures the strength of the solar radiation at dynamic intervals. If the predefined minimum threshold is reached, from which it is useful to start the charging process (for example at sunrise), the Vehicle Control Unit is activated and the battery's state of charge and cell temperature are, among other things, queried. 

Both values must be taken into account for an efficient and battery-saving charging strategy. Not every day 250 kilometers have to be covered. The vehicle owner can determine the upper SOC threshold, i.e. the percentage to which the battery cells should be charged. This makes particular sense with regard to the service life of the battery cells, as they have a longer service life if they are not constantly charged to 100 %. 

With conductive charging, for example via the wallbox, it is already possible to configure the SOC threshold via the infotainment system. We have reported on this in the video of a previous blog post on the subject of infotainment systems. If the vehicle owner specifies here that the charging process via the wallbox should end at 80 %, for example, the remaining 20 % could be charged further with solar energy. 

At this point we are open for the wishes of the community in the development. Should charging continue via the sun or should the focus be on the service life of the battery cells here as well? Please let us know!

As long as the vehicle control unit gives the basic approval for solar charging, the entire process runs in the background within the defined limits. The infotainment system displays the values for the status of the charge to the vehicle owner.

But what if a cloud covers the sun? Constant starting and stopping of the charging process can be counterproductive for the lifetime of battery components on the one hand, and on the other hand, the system's own consumption must also be taken into account. 

Our solution for this is to absorb these fluctuations. Depending on the duration and intensity of the shading, these fluctuations in solar radiation can be bridged without interrupting the charging process. If the weather conditions change over a longer period of time or the sun goes down, the system switches itself off after a certain time. 

This function is already integrated in our next prototype, which will be presented at the end of the year. Also, if the sun continues to shine, but the charge level is already at 100 %, the automatic charging system switches itself off. This means that the battery cells cannot be damaged.

Since this mechanism is integrated into the vehicle, it makes sense to park the Sion in direct sunlight for most of the day. In this way, the optimum charging efficiency can be achieved. For example, in Munich in June, the battery cells could be charged within one week using only solar energy, provided that the Sion is parked in open terrain. The long-term effect on the range and operating times of the electronics is particularly decisive for the CO2 footprint. For this purpose, the solar integration of the Sion is perfectly optimized. 

What energy is needed to cool the interior?

Back to the initial question of this article: Is it worth parking the Sion in the sun or does it require all the energy generated to cool the interior down? Putting it briefly: Yes, it’s definitely worth it!

Why that is, we will show you here. 

First of all, we would like to mention that the Sion, thanks to solar integration, does not heat up as much as a black car with a conventional body. This is because about 22 % of the sun's radiation is converted into energy instead of heat.

Temperature inside the Sion compared to a conventional black car. Both values refer to the outside temperature below when parking in the sun.

Depending on the season and other external influences, the interior heats up differently. Of course, it depends on where the vehicle is parked. The Sion will heat up differently when parked in Munich than when parked in Stockholm or Madrid. The following examples are not generally valid, but depend on various factors such as season, intensity of sunlight and driving style.

In summer in Munich, the Sion's air conditioning system needs 0.7 kWh for ten minutes of cooling at full power. With this 0.7 kWh, the Sion drives five kilometers under test conditions. However, since under optimal conditions on a summer day in Munich, 35 kilometers can be gained through solar integration. Therefore, only 14 % of the energy generated are required. On a slightly cloudy day in summer or when the vehicle is parked in the shade, up to twelve kilometers of additional range can be generated. Since less energy is needed to cool the interior due to the conditions, the consumption values are still in a good ratio to the result.

In spring or fall, on the other hand, the Sion requires only 0.5 kWh of its energy to cool the interior. This 0.5 kWh would correspond to a range of approximately 3.5 kilometers. For example, in March it is very likely to generate 17 additional kilometers per day with solar energy.

In addition to using the air conditioning system, opening the windows, as in other vehicles, can further reduce the energy required for cooling.

In general, under optimal conditions, the following applies: to generate 0.7 kWh from solar energy, the Sion must be parked in the direct sun for 50 minutes. In other words, even if you park the Sion in full sunlight for one hour, more energy is produced than is needed to cool the interior. Therefore, in the long run, it is always worthwhile to park the Sion in the sun rather than in the shade. In this way, the vehicle receives energy from the sun without having to rely on external energy suppliers.

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https://sonomotors.com/en/blog/park-the-sion-in-the-sun-and-charge-free-solar-energy/ Sono Motors
2020-09-04T06:45:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors Patents Bidirectional Charging Technology for Electric Cars
  • This technology allows intelligent management of the electrical energy budget of an electric vehicle.

4th September 2020 – The electric vehicle start-up from Munich, Sono Motors, has been granted a European patent for its bidirectional charging system. The basis for this technology is a newly developed charger, which can be used to charge, store, and release electricity. To draw electricity, the car is connected directly to an external energy consumer, an example would be another electric vehicle. For the first time, the charging or discharging process can be controlled via a control unit, such as an app or the vehicle's infotainment system. With the development of this technology, Sono Motors offers a more efficient solution for electric vehicles that draw all or part of their energy from integrated solar cells. If solar vehicles generate more power during the day than can be absorbed by the vehicle's battery, the bidirectional charging system makes it possible to quickly and easily make unused solar power available to other devices or vehicles.

The innovative system will be used for the first time in the company's own Solar Electric Vehicle (SEV) the Sion. In combination with the solar system integrated into the Sion's vehicle body, other electronic devices and vehicles can be supplied with up to 11 kW of emission-free solar power completely autonomously. In addition to a CCS module for charging the vehicle, a standard household power outlet plug and a high-performance type 2 plug are integrated into the vehicle's hood to draw power.

The user of the vehicle can then control the power withdrawal via a specially developed app or alternatively, via the vehicle's infotainment system. In doing so, they can choose if and how much power is to be made available to external electrical consumers and how much power is to remain in the vehicle.

Laurin Hahn, Co-Founder and CEO of Sono Motors: “Patenting our bidirectional charging system is another important milestone on our way to becoming a mobility service provider. The technology allows us to enable intelligent power sharing, i.e. the sharing of stored energy via an app. The Sion can thus not only be charged via the power grid, but becomes part of the charging infrastructure itself.”

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https://sonomotors.com/en/press/press-releases/sono-motors-patents-bidirectional-charging-technology-for-electric-cars/ Sono Motors
2020-08-24T09:00:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors Is the First Automaker to Join the Fair Cobalt Alliance
  • The Fair Cobalt Alliance is an initiative that is working to improve conditions in the small-scale cobalt mining industry in the Democratic Republic of Congo.

24th August 2020 – Sono Motors became the first electric vehicle manufacturer to join the Fair Cobalt Alliance, an initiative to drive fairer supply of cobalt by improving the conditions in small-scale mining in the Democratic Republic of Congo. The company will be an ambassador for the project and will also have a voice in decisions on the implementation of measures in the project area. Through the support of the alliance, the company wants to increase transparency in the cobalt supply chain for its own Solar Electric Vehicle, Sion, in the medium term. In the long term, the company seeks to integrate fair cobalt into its own supply chain.

Launched by Fairphone, Signify, Huayou Cobalt and The Impact Facility, the Fair Cobalt Alliance pursues three specific objectives in close cooperation with the Congolese government and civil society:

  1. Drive the supply of fairer cobalt by supporting the professionalisation of small-scale mining management and creating safer and more environmentally responsible sites.
  2. Establish credible control and monitoring mechanisms to keep children out of the mines and support the enrolment of children into school, in order to  effectively prevent child labour in the supply chain.
  3. Combat poverty among families dependent on cobalt mining by supporting projects aimed at creating a sustainable livelihood, for example by promoting education, agriculture or entrepreneurship

"As an electric vehicle manufacturer whose clear goal is to make mobility fairer and even more environmentally friendly, it is our responsibility to also address the downside of battery technology. With the Fair Cobalt Alliance, we are tackling the root of the problem and promoting a responsible mining of cobalt, which is an essential component of electric car batteries. It is part of Sono Motors' vision to be a role model, and we hope for other companies in the mobility industry to follow and join the alliance," says Jona Christians, CEO and co-founder of Sono Motors.

In addition to Sono Motors, Glencore and Lifesaver are also joining the alliance today. The entire press release by the Fair Cobalt Alliance is available for download below.

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https://sonomotors.com/en/press/press-releases/sono-motors-is-the-first-automaker-to-join-the-fair-cobalt-alliance/ Sono Motors
2020-08-24T09:00:00+02:00 2023-12-27T03:29:39+01:00 Fair Cobalt Alliance: Let’s Talk About Cobalt

Today we want to talk about cobalt. A raw material that is on the one hand important for the production of lithium-ion batteries, but on the other hand has been repeatedly criticized for problematic mining conditions. These include hazardous mine shafts, lack of basic supplies and the systemic occurrence of child labor. Our Sustainability Program Manager Isabel explains how the Fair Cobalt Alliance wants to improve these conditions and why we have joined the organization.

Man in Congo collecting batteries

Cobalt – What Is That Exactly?

Almost all of us have a tiny amount of it in our pockets. Without this raw material, many of our everyday technical companions such as mobile phones, smart watches or tablets would not even function. We're talking about cobalt, a metal that, due to its chemical properties, is used in lithium-ion batteries in particular to achieve a higher energy density. Because cobalt is particularly conductive, it also plays an essential role in the rapid charging of a battery. 

Anyone who thinks of electric cars now when hearing terms such as "energy density" and "fast charging capability" is absolutely right. Because the raw material is also used here. Depending on the vehicle model and battery type, a few kilograms of cobalt are required to make batteries more powerful and efficient. A considerable amount has to be mined, processed and transported before it finds its way into the battery – and this is where things get complicated. After all, cobalt production is one aspect of electromobility that we should call exactly as it is: non-transparent, uncontrolled and without human protection. 

A cobald mining area

The reasons for this have long been known. According to widely accepted statistics by the United States Geological Survey more than half of known cobalt reserves are located in the Democratic Republic of Congo. About twenty percent of cobalt mined in the DRC originates from informal, artisanal and small-scale mining sites, where self-employed miners extract the metal under often life-threatening conditions. The mine shafts are dug with the simplest of tools, without safety gear or adequate ventilation. In very few cases, attention is paid to occupational safety and the compliance with safety measures. In the shafts, which are sometimes twice or even three times as deep as the legally allowed maximum of 30 metres, workers risk their lives every day, digging for cobalt-rich ore without wearing masks and safety devices. Accidents often occur and even children help in the mining areas and are part of this illegal form of small-scale mining. The BGR estimates, despite an official government ban, that around 200,000 Congolese are exposed to the dangers of this work.

Possible Solutions

In 2016, Amnesty International already drew attention to the difficult conditions in the poverty-stricken region in the South of the DRC in a highly acclaimed report. In the course of the debate, a large number of (electric) car manufacturers and technology companies announced that they would drastically reduce the amount of cobalt in their batteries, or even try to not use it at all. Millions of dollars are being invested in research to find an alternative. We also want to keep the cobalt percentage in the Sion battery low. But this approach does not solve the fundamental problems of local mining conditions and the associated human rights violations. Moreover, small-scale mining is a key livelihood for thousands of families, especially in the DRC, a country of incredible mineral wealth boasting tin, tungsten, tantalum, gold, cobalt and copper reserves to name but a few.

Cobald Miners in Congo

Given the complexity of the battery supply chain it is almost impossible to tell with certainty where the actual cobalt used in the Sion has originated. Mining work, both large scale and artisanal, is more than six production steps removed from the final assembly of the car, as the material is moving from mines to traders, crude refiners, exporters, refiners, and then cathode and battery manufacturers. Although companies can oblige their respective suppliers through their purchasing conditions to exclude child labour or other human rights violations, a corresponding contract is only valid in conjunction with the direct supplier. In most cases, suppliers’ suppliers operating mid-stream of the supply chain lack adequate measures to ensure the origin of the material and as such ensure that material has been produced in alignment with our code of conduct.

Young Man working on a cobald mining site

Rather than investing time and effort to prove or design an ASM-free supply chain, companies should contribute to improve the overall working conditions. There is a widely-accepted set of rules that defines how to proceed in the case of identified human rights violations in your supply chain published by the OECD, but it is not legally binding.

With the large number of businesses involved in the process, which are accountable for the preparation, transport or further processing of the cobalt, the responsibility often only shifts from one supplier to the next without any change in local conditions. Therefore, an upstream-centric approach must also be taken. In other words, working from responsible mining operations down to the end product.

Women working on a cobald site

The Fair Cobalt Alliance

A different approach is taken by the Fair Cobalt Alliance, an action platform to coordinate, support and scale up local initiatives to improve conditions in small-scale mining. The initiative was launched by the sustainable smartphone manufacturer Fairphone, Signify and Huayou in collaboration with the Impact Facility. The Fair Cobalt Alliance pursues three objectives. 

The first is the professionalisation of independent small-scale mining and better training of the people working in it. The alliance has drawn up a detailed model that describes measures to make the mines safer in the long term. These include, for example, the installation of medical and sanitary facilities on site and professional management of the mining sites. The second objective is to establish credible control and monitoring mechanisms to keep children away from mines and thus effectively prevent child labour in supply chains. Thirdly, the Fair Cobalt Alliance is working to achieve a sustainable increase in household income for families dependent on cobalt mining. To achieve this, the companies involved invest in community programmes aimed at community development. This can include, for example, providing funds for children to attend school, or offering training for adults who work as self-employed miners to feed their families. Only if the living conditions for the local people are improved in the long term, the establishment of a fair supply chain for cobalt can be implemented and child labour avoided.

Katja Tschakert (Director Business Development) and Isabel Palacios Gallo (Sustainability Program Manager) at Sono Motors.

Sono Motors – Why We Participate

We see great potential in the Fair Cobalt Alliance to make cobalt mining in the Democratic Republic of Congo fairer and more transparent. As a mobility company that is one hundred percent committed to electric mobility, we want to live up to our responsibility towards people and the planet. At the moment there is no fair certified cobalt on the market and we want to help change that. After all, our plan is to build 257,000 Sion by 2027. That is a considerable amount of cobalt that has to be extracted from the earth, processed and transported. We want this to happen under fair conditions, even though we know that change does not happen overnight. 

We are therefore all the more pleased to be a member of the Fair Cobalt Alliance and to be able to help drive forward the implementation of its goals. With the help of the Fair Cobalt Alliance, we want to make our cobalt supply chain transparent and help implement solutions locally. Due to the fundamental rethinking in the energy and mobility sector, the demand for batteries – and therefore also for cobalt – will continue to grow in the coming years. It is our responsibility as a company to act and ensure that the raw materials we use are mined under environmentally friendly and humane conditions.

See our Fair Cobalt Alliance Statement

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https://sonomotors.com/en/blog/fair-cobalt-alliance/ Isabel
2020-08-21T18:00:00+02:00 2023-12-27T03:29:39+01:00 Finally on Tour Again! And an Update on Our 2020 Strategy

Jona, Laurin and some of the Sono team visited Cologne and Hamburg. With them, they took a lot of updates on the current state of our development. Today they are going to stop in Berlin, which is the third and final stop of this city tour. As always, we were very happy to see you and to listen to your questions, ideas and opinions. Due to the restrictions caused by the pandemic, we were unfortunately only able to welcome a very small number of you on site and have therefore summarized the most important points of the tour below. At the end of the article you will also find a video of our event in Cologne.

With the successful completion of our Community Funding Campaign we had a strong start to 2020 and with your support we have made a big step forward in the development of the Sion. We have been able to start the prototype construction with our partner Roding Automobile on time and it is well under way now. At the same time, the corona pandemic has slowed down many processes in the automotive industry as well as in the financial world. In order to perfectly align the further development of the Sion with these new circumstances, we have adjusted our strategy for the remaining year of 2020. 

Full Focus on the Construction of our New Prototypes

By the end of this year, we will present to the world a new generation of Sion prototypes. We recently reported on the production of the prototype at our partner Roding in our blog. The focus for these prototypes will be on the "look & feel" and the driving style, in order to provide you with the best possible feeling for the series vehicle. In this new generation of prototypes, key components, such as the e-drive from our partner Continental, will  be integrated. In addition to that we are already in the midst of preparations for the release event.

"For us as a car manufacturer, the visual presentation of progress is tremendously important – to win over investors and generate further reservations. That's why we are concentrating strongly on our prototype program for the remainder of the year. In addition, we will focus on internal testing of key vehicle components and the further development of our unique selling points, such as solar integration and our mobility services," explains our co-founder Jona during our tour. Another test drive tour is also being planned at the moment. 

Update on Testing, Solar Integration and Mobility Services

The tests on our benches are already running. There, for example, we are testing the electric motor, the battery, the cooling system and air conditioning as well as the infotainment system, as well as checking how these interact with the other vehicle components. These tests are particularly important with regard to the production vehicle and are already providing us with valuable findings for the series-validation vehicles.

During our city tour, we also presented our latest achievements with regard to our solar integration and mobility services application. In both areas we will provide you with detailed insights and exciting news in the coming weeks and months. Here's a taster: our ViPV team, which is responsible for the solar integration, will produce the tool for the first full-size part of our Solar Integration during the coming weeks. This is just another important milestone in our series development. With this tool we are going to manufacture the front roof, which will be equipped with solar cells like all other body parts of the Sion. 

The solar integration is also arousing an increasing amount of interest in the industry. This innovative technology enables solar cells to be integrated into a wide variety of vehicles beyond the Sion, something we are already in initial discussions about.

In addition to this, our mobility services application is constantly being fine-tuned to its final form and functionality. We are currently working on the integration into our prototype, which we will present this year. The focus for now will be on the car sharing function, but also on the so-called ridepooling, a function that allows for taking along additional passengers. Meanwhile, our Energy Services team is working in close coordination with our Mobility Services team on the implementation of the power sharing function, which will later on also be controllable via the app.

Adapted Strategy 2020

On a strategic level, the topic of corona has of course also kept us very busy this year. The pandemic has turned the automotive industry upside down. In order to be able to respond in the best possible way to the effects of the pandemic, such as short-time work at some of our suppliers, and at the same time effectively drive forward further development of the Sion, we have realigned our strategic focus for the remaining year. In order to reduce costs, we had already decided several months ago to reduce the number of our planned prototype vehicles from four to two. Until the end of the year, we will further review and reduce our expenses whilst the markets stabilise and recover from Corona. This will affect particularly cost-intensive items in vehicle development, for instance.

Excluded from this is testing, such as for the validation of our solar integration, as well as the work on the technical test benches. By making these adjustments, we ensure that the money from our community funding campaign is invested responsibly and in a sustainable manner: in the internal development, the prototype programme, the solar integration, the bi-directional charging and in our mobility services. 

How Corona will develop remains unknown. We are now entering a consolidation phase, in which we will once again review the status of all areas of our vehicle development in detail, in order to avoid any potential impact on the start of the series production as far as possible, and to be able to start production as planned.

We are also using 2020 for an internal reorientation that will prepare us today for the challenges of the future. The establishment of an organisation with flat structures with a rapidly growing team has been well under way since the beginning of this year. Our goal: to further promote agility and flexibility in Sono Motors through self-organized teams.

Sono Advisory Board 

We have also decided to create an advisory board. Our aim is to bring together industry experts, who will advise Sono Motors on future strategic decisions. One seat will be allocated to a community member – because your voice counts. In the coming weeks, we will explain how you can apply for a seat on the advisory board. We are still in the middle of the preparations, but we couldn’t wait to share this news with you.

Our excitement is growing, as the release of our new vehicles gets closer. We will hopefully be able to meet many of you again in person, and we hope you are just as excited about the new prototypes and looking forward to them just as much as we are.

Please note this version has been edited to reflect the revision of the term used 'Production Prototype'. This was adjusted accordingly on 3 February 2022.
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https://sonomotors.com/en/blog/an-update-on-our-2020-strategy/ Sono Motors
2020-07-31T07:00:00+02:00 2023-12-27T03:29:39+01:00 The Infotainment System: Simple Design and User Friendliness

In the early days of control concepts, there was an abundance of physical buttons. Today, it is possible to map a large part of the user interactions via displays, and the software can be regularly updated with new features. The art is to maintain a good balance between aesthetics, user-friendliness and ergonomics. Today, we would like to take a look at the development status of our infotainment system in the Sion – and introduce you to the team behind it.

Karthik demonstrates the functionality of the HVAC screen.

An infotainment system is designed to make all relevant and partly complex vehicle information comprehensible and easily accessible to the user. It is the visual interface to all other connected modules in a vehicle. In the case of the Sion, the sharing services, the solar integration and the bidirectional charging function are implemented here as well. The communication of the different modules takes place via a “Vehicle Networking Channel” – among other things, safety instructions can be communicated via the system. 

Two Displays With One Application

In most cases, an infotainment system is being realized with two displays. On one hand, there is the instrument cluster, which is a fully digital instrument cluster located directly behind the steering wheel. Here, all relevant information such as headlight settings, range, speed and travelled distance is being displayed. It also highlights any safety and warning information. Certain standards and regulations must be applied for the instrument cluster. For example, the warnings on "not fastened", "door is open" and "handbrake is not engaged". The symbols for these notifications are also standardised. Nevertheless, with the digital instrument cluster, the possibility of customizing user specific themes and preferred display attributes is given.

A screenshot from the instrument cluster behind the steering wheel.

The Center Information Display (CID), the larger screen at the center of the dashboard, displays other functions. It shows the HVAC (Heating, Ventilation, Air Conditioning), the lightning of our natural air filter and charging information for example. Above all, it certainly stands for the entertainment in the Sion via the integration of your own smartphone via Android Auto and Apple CarPlay. From here you can also listen to music, via Bluetooth or one of the USB ports, make calls and view interesting statistics and other vehicle information.

A screenshot from the center display of the Sion, showing the charging screen.

UI & UX: User Interface and User Experience

Having seen many complicated and elaborate infotainment systems on the market, we decided to take a 3-step approach for the infotainment system of the Sion. This means that the user is at any time a maximum of 3 steps away from the next stage. We have kept the user interface of the Sion infotainment system very simple and intuitive – which is exactly what you expect from a modern user-friendly interface today. Our current test system is a user interface in dark mode. In the production vehicle, there might be a brighter version of the interface to choose from.

Individual limits can be set in the infotainment system for charging and discharging energy – both related to time and the amount of energy transmitted (kWh). This feature is not only very practical in everyday life, it also allows energy to be transferred to other electric vehicles and devices via the power sharing application.

Karthik shows the dashboard of the solar integration on the center display.

With the infotainment of the Sion we want to visualize as much vehicle data as possible. For example, the solar integration dashboard shows in real time how much energy the respective solar modules produce or how much energy was produced in the last week (7 days) and a month (30 days). Statistics on energy consumption can also be accessed in various layouts.

The Team Behind the Infotainment

Our infotainment team consists of experienced experts from the industry, who combine their expertise with our partners MTA (Head Unit and Instrument Cluster) and Elektrobit (Software Development and UI/UX). With regard to the Sion, there are many internal interfaces to the experts from the application areas Mobility Services, Power Sharing and Solar Integration. Parts of the infotainment software are also being tested inhouse. More on that topic here:

Infotainment systems of conventional vehicles are usually an additional cost factor. Since the Sion will only be produced in one version, our infotainment is already included in the vehicle price. Our challenge is to make the system affordable without compromising on user relevant features. Our focus is therefore: simple, minimalistic and fast. And thanks to the "Over The Air" function, the Sion will be able to install software updates to the infotainment and many ECUs without a visit to the repair service. By the end of the year, some functions will already be demonstrable in our new prototypes.
 

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https://sonomotors.com/en/blog/the-infotainment-system-simple-design-and-user-friendliness/ Sina
2020-06-30T07:30:00+02:00 2023-12-27T03:29:39+01:00 Roding Will Manufacture the New Sion Prototypes

Today we are pleased to announce that we have successfully handed over the CAD data for the production of the next prototype generation to our manufacturing partner Roding – another important step on the way to series production. Over the last few days, our colleague Julius has been in an intensive exchange with the project managers. He explains why we have again chosen Roding as our partner, why the timing for the prototype production was adjusted and what will be possible with the new prototypes.

It's been almost three years. On July 27, 2017, our team of around 15 employees presented the prototype of the Sion at the Munich Technology Center. As you can imagine, the days and weeks leading up to the release event among supporters, journalists and politicians were turbulent. Under the greatest time pressure, we worked on the prototype the night before the presentation. Our team had discovered an error in the cabling during the final check. Not even 24 hours later, Max, then as now jointly responsible for vehicle development, carefully drove the Sion down a ramp from the stage to the visitors who, after the presentation of our founders, could not wait to see the prototype of the Sion at close range.

From the Munich Technology Center, we set sail to new lands. In the last three years we have completed thousands of test drives in Germany, the Netherlands, Austria, Switzerland, France, Sweden and Italy. In the process, a total of about 15,000 kilometers landed on the digital speedometer. We are certain: without these test drives we would never have been able to convince so many people of our concept.

But just as Sono Motors no longer consists of 15 employees who share a room the size of a single apartment, these vehicles no longer represent the state of the art in development technology. We have not only professionalized and developed ourselves as a company, we have also raised the development of the Sion to a level that is ever closer to the final production version of the vehicle. In short, we think it is about time to send our first-generation prototypes into well-deserved retirement.

CAD Data Transfer to Roding

To be able to start building the new vehicles, the manufacturer needs the current status of the design data of the Sion. The transfer of the CAD data to our partner Roding was an important milestone for us, which we were able to complete in June just as planned.

By the way, “CAD” is the English abbreviation for “computer aided design”. This is because the design process of a vehicle includes the geometric modeling of the individual components as well as the calculation and simulation. In principle, a CAD model is a virtual vehicle.

From the moment it is handed over, the manufacturer is responsible for the construction of the body shell, the “Body in White”, and ensures that the vehicles are assembled as planned by our development team. The handover of the CAD data is, so to speak, the starting signal for the construction of the new prototypes.

After careful consideration, our development team has decided to work with an old acquaintance: The Roding Automobile GmbH. Already our first two prototypes have been built in 2017 in close cooperation with Roding – experts for lightweight construction and e-mobility. Since this exciting time, we have had a close relationship.

Over the past three years, Roding has been responsible for the maintenance and repair of the prototypes. If we had stressed the vehicles a bit too much during the numerous test drives, a quick visit was indispensable. The local proximity was and is also very helpful for our future cooperation.

Apart from our team, nobody knows more about the first generation prototypes than our colleagues from Roding. They have been enjoying a proven expertise in the field of prototype production for over ten years. Here, many things still are taken care of manually and under the watchful eyes of co-founder and managing director Ferdinand Heindlmeier.

“At Roding we specialise in the construction of prototypes. We were aware that we would not necessarily play a major role in the series development of the Sion”, explains Ferdinand. “The fact that Sono has now approached us again, including us in the project, has made us very happy! The Sion also means a lot to us. The construction of the prototypes in 2017 was an exciting and ambitious project that we enjoyed very much!”

“I am particularly looking forward to seeing the vehicle live”, adds Ferdinand. “We all know the new 3D models, but having the new vehicle within reach in our hall will certainly be a unique experience for everyone involved”.

Prototype Construction: The Next Steps

First, Roding will slightly adjust the CAD model to prepare it for the appropriate manufacturing method. During this process all necessary tools will be designed and manufactured. Furthermore, specific parts are produced while our colleagues purchase the required vehicle components from our suppliers.

This is followed by the production of the first body shells, the assembly of all parts, and, of course, the commissioning. Once these steps have all been completed, we can start testing the vehicles.

Previously we had calculated that all these steps would be completed by the end of September. However, as part of the program relaunch and taking into account the effects of the global corona pandemic, we have adjusted our strategy. This has delayed the prototype launch from the end of September to, if everything goes according to plan, November. Instead of the original four vehicles, we have also decided to build just two. There are several reasons for this, which can best be explained by why we develop prototypes at all and have them produced by an external company.

A Snapshot of the State of Development

Philipp is responsible for the management of prototype development. “A prototype is always a kind of snapshot of the development status”, explains Philipp. “Its main purpose is to show the progress of the development. But the development team also learns a lot during the production process, for example about the integration of the components and how well they already work together”. 

In our conversation with vehicle developer Max, we could already read that this type of “test run” involves all those areas that also play a central role in series production – from purchasing and logistics, to manufacturing. 

“There are two central reasons why we rely on an external manufacturer like Roding for the production of the prototypes”, Philipp explains. “Firstly, we save internal capacities which we use for further preparing the series production. By the way, this is also one of the reasons why we have two vehicles manufactured instead of four. Secondly, by working with the external manufacturer we also learn a lot about our internal coordination processes, which we can then optimize for later cooperation with the series manufacturer.”

Of course, one of the most important questions remains: Where are the biggest differences between the old and the new generation of prototypes? After all, three years have passed since we presented our development status in the form of a vehicle. 

“First of all, most core components come from our series suppliers”, says Philipp. “The engine from Continental, the cooling system, and the complete chassis will already be installed in the SVC2. So the wheelbase and vehicle geometry is the same as they will be later in the series production. On the one hand, this allows us to validate our simulations under real conditions, and on the other hand, our supporters can get a new impression of what it will feel like to drive the final vehicle. The focus is clearly on a new look and feel”.

This of course includes the external as well as the internal appearance. The integration of the solar cells will already look different than in the prototype and the dashboard. Same goes for the cockpit. There will also be a reduced form of the series’ infotainment system and a reduced set of digital capabilities of some of the mobility and energy service features of the Sono app. These include unlocking the Sion with a smartphone, the functionality of sharing the vehicle with others and the possibility to withdraw energy from the car. They will be included in the current version of the Sono app at that time, in order to test them extensively.

Over many years, we have taken our prototype vehicles very much to heart. Nevertheless, we can't wait for the new prototypes to arrive. Even though it will take a little more time than expected, we are very happy to have found the right partner to get the new prototypes on the road.

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https://sonomotors.com/en/blog/roding-will-manufacture-the-new-sion-prototypes/ Julius
2020-06-04T07:30:00+02:00 2023-12-27T03:29:39+01:00 One Community, One Car: Insights From the First Sono Motors App Pilot Project

The Sono mobility services are designed to make the Sion accessible to as many people as possible. They are the fundamentals of our holistic mobility concept. To validate our product and get early feedback, we have started an exciting pilot project together with a group of volunteers.

A few weeks ago we gave you an insight into how we are proceeding with the development of solar integration. Today we will focus on how as many people as possible can benefit from the Sion. Our mobility services play a decisive role in this. We offer three services in one vehicle and one application: Power Sharing, Ride Pooling, and Car Sharing.

Since all three focus on sharing, the Sion can be used far more efficiently than other vehicles. These services are grounded in our conviction that the future of vehicles lies in shared use.

The various services can be accessed via the app.

Early Testing Leads to Early Feedback

However, before as many people as possible can use our mobility services, there is a lot of work to be done. Besides the conceptual development and the technical implementation, the validation of the product and its features plays an essential role.

Of course, the results are only satisfying if we achieve them under realistic conditions. Also, there are a variety of use cases that we can only fully comprehend in contact with potential users. This feedback is enormously helpful when it comes to developing mobility services that meet the needs of our users. 

Including customers in the development process as early as possible is decisive in modern product development. This way you receive direct feedback useful for further pilot projects. Luckily, at the beginning of February, we were able to recruit the first participants for our pilot project “Haus im Viertel”.

A slightly different office – product manager Arif tests the app

One Community, One Car

We decided to pilot our first mobility services in a multi-party residential building in Munich's Maxvorstadt district. In this way, we could guarantee close supervision of the project while being on-site quickly in case of any problems. Furthermore, the neighborhood allowed us to conduct regular interviews and stay in close contact with the project's participants.

Eight people had the opportunity to share a Renault ZOE provided by us for about six weeks. Each participant got access to the Sono app to reserve the car and to enable sharing in the house community. The app was updated every two weeks with new features or improvements.

The participants who used the mobility services for six weeks.

While testing, we focused on three questions. First: Are residents of a household community willing to share a vehicle? Second: Do the users take care of the vehicle? Do they recharge it? Do they leave it clean? Thirdly: Can the vehicle be financially self-sufficient in such use?

Of course, we also wanted to know for what purposes the participants would use the vehicle: Getting to work? Visiting the family? Larger purchases? The results are very revealing and help us to gain a better understanding of the use cases which we now can integrate into the app.

Incidentally, our colleague Noël met two of the participants, Antonia and Philipp, with his camera and asked them about their experience with the app and its services.

What Happens Next?

The team is very satisfied with the progress of the first pilot project. We were able to find important answers to our questions and validate our assumptions. Even while the project was running, we decided to expand the circle of participants and further test the services' conditions with a broader, more anonymous group of people. We call it “Das Viertel” or “The District”, advancing from piloting one house community to piloting several. 

Here, a group of people share a vehicle, who do not know each other personally. The relationship of trust is completely different, leading to different assumptions and results. However, this is another exciting use case that is crucial for the development of the Sono Motors app.

Additionally, future pilots are already being planned. This will also involve ridepooling, the sharing of rides among users. For this, we will bring our mobility services to more rural areas where the concept of ridepooling is not as common as it is in cities. 

Application purposes for the Sono app are numerous. Our team receives new input from the community every day and we are looking forward to testing our services in everyday life.

For further pilot projects, we are always looking for participants and interview partners. So if you are interested in the development of the Sono mobility services, please contact us here.

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https://sonomotors.com/en/blog/insights-from-the-first-sono-app-car-sharing-pilot-project/ Johannes
2020-05-05T09:00:00+02:00 2023-12-27T03:29:39+01:00 An Update on the Development Status of the Solar Integration of the Sion

How do you integrate solar cells into an electric car? A simple question that requires complex solutions. Especially when the solar cells do not only cover the roof but also the rear, the doors, the fenders, and the hood. Our expert for photovoltaic power electronics, Christian, will tell you what kind of technical challenges the integration implies and why we had to develop a completely new type of voltage converter.

Developer Christian simulates different voltages at the output of the MPPT Central Unit.

To someone who is not an expert in the field, integrating solar cells into a vehicle, seems pretty simple: Just put solar modules on it, connect them to the battery, done. This may not sound very complicated, but in practice, it is very complex. Especially if you integrate photovoltaic cells not only at one but several points on the vehicle body. Mastering this task requires a high level of expertise in a variety of areas, such as photovoltaics, electrical engineering, and vehicle design. We have combined all these skills in our team to develop the most efficient solution for the Sion

Together with our partners, we have not only developed our own, completely new technology for the integration of the cells, but also a device that makes the use of solar power possible in the first place. We call this device the “MPPT Central Unit”. MPPT stands for Maximum Power Point Tracking, a procedure commonly used in photovoltaics. 

To realize the solar integration for the Sion, we had to rethink everything. Developing the Solar Integration, we had to ensure that all vehicle components are optimally prepared for the integration of the solar components. One thing's for sure: The Sion has been developed as a solar vehicle. Every decision in vehicle development, no matter how trivial it may seem, is always made by us concerning the efficiency of the photovoltaic system. 

Optimized Performance For Each Cell

Maximum Power Point Tracking plays an important role here. This process adjusts the electrical load on a solar module so that the cells can deliver their optimum performance. Not every cell generates the same amount of power, because our energy supplier, the sun, moves constantly. Furthermore, not all solar cells on the Sion point in the same direction. 

This means, for example, that the strength of the irradiation and the temperature on the photovoltaic modules change. Thus, before the electricity generated can be fed into the battery, some electrical adjustments have to be made – and that's where the MPPT Central Unit comes in. 

The MPPT Central Unit of the Sion – developed together with the research institute Tecnalia.

There are different steps involved in the conversion of voltage. First, the MPPT Central Unit combines the different module voltages to a common level below 60 volts. Only then the conversion to the voltage of the high-voltage battery takes place. This is between 300 and 400 volts.

As with any conversion of power, electrical losses occur during this process. Our task was to find out how efficient the conversion of different voltage levels is and how we can optimize it. After all, one question is of high importance: How much electricity generated in the cells finally reaches the battery? 

Developing solar modules for the integration into a vehicle is one thing, but adjusting them optimally on the vehicle and providing the power for the battery and propulsion is the real challenge. Earlier this year, we were able to test the prototype of the device, which Sono Motors is developing precisely for this task. 

Combining Expertise 

The MPPT Central Unit has been developed in very close cooperation with selected partners. To ensure that everything is perfectly matched to the application purpose in the vehicle, one of the most important tasks was to design the suitable electronic architecture for the device, check the circuit diagrams and select suitable components that are approved for use in road vehicles. Also, the interfaces to the other devices, for example the battery, must be precisely defined and tested. 

The successful design and integration within the vehicle is a task that particularly drives our team since Sono Motors is the first company to establish such a solar converter not only for research purposes but also for use in a production vehicle.

To make such a project a success, not only the expertise within our team is needed, but also competent partners. The company Tecnalia from Bilbao, Spain, is one of them. The private research institute is one of the largest facilities of its kind in the field of renewable energies and supports us especially in developing and testing the MPPT Central Unit. The team on site works together with our engineers enthusiastically on the project. The results so far, speak for their years of expertise. The successful test phase of the prototype already makes us very confident that we will achieve the goals we have set ourselves. 

Test bench in our HQ in Munich.

The first test results have even exceeded our expectations. This applies especially to the converter efficiency. It describes the ratio of the achievable output to input power and is thus a measure of the losses incurred. The average value of 94 percent achieved in our first tests over various scenarios is already top level. We are confident that we can achieve even better results with a little more fine-tuning. 

Maximum Power from the Solar Modules to the Battery 

The integration of solar cells has an impact on every area of vehicle development. Especially vehicle design and solar integration must be closely coordinated. A good example are door handles: How exactly do they have to be placed on the car body so that the solar modules can be ideally integrated? If one parameter changes here, the entire power calculation changes, including the voltage levels that the MPPT Central Unit has to convert. Internally, continuous coordination between engineers and designers is therefore necessary.

456 half cells are seamlessly integrated into the body of the Sion.

456 half cells are seamlessly integrated into the body of the Sion.

We have put together a dedicated VIPV (Vehicle-Integrated Photovoltaics) team for this purpose, headed by our Director of Photovoltaic Integration Mathieu Baudrit. Within this team, we coordinate every development decision and its effects on photovoltaic integration, including, for example, the cabling of vehicle components. Therefore the complete transmission line from the solar panels to the battery must be trimmed for maximum efficiency.

The more the battery is charged with solar power, the more efficient is the overall system. That is why the Sion always charges, standing or driving, and even in diffuse light. The MPPT Central Unit is wired in such a way that the solar power can be directly used for the engine and auxiliary units. The solar cells, therefore, support the Sion's propulsion directly with energy from the sun.

Further Testing for Optimized Performance

The first development stage of the MPPT Central Unit has been completed. We will optimize the electrical architecture and mechanical design of the device in the next weeks and months. Further tests with regard to electromagnetic compatibility are now also important, that means determining the emission of unintended signals on the one hand and resistance to external influences on the other. 

We will also expose the MPPT Central Unit to high ambient temperatures over a long period of time under full load to see how it performs. This will help us identify those component temperatures that the vehicle system needs to constantly closely monitor in order to ensure the safe and efficient operation of the unit for many years to come.

Our VIPV Team: We work with our test bench under strict conditions at the Sono Motors HQ in Munich – as well as remotely in home office.

As soon as the current situation due to the coronavirus allows, we will also expand our test benches at our Munich site. We will then be able to use PV simulators to examine the behavior of the solar cells at different temperatures and light incidence for the fine adjustment of the MPPT Central Unit. Our entire team is already looking forward to the next steps. 

The further development of the benches, the production of the new prototypes – this year will be exciting and extremely busy for all of us, but we are getting closer and closer towards our goal. With our Solar Integration we are developing a climate-friendly charging solution that has the potential to completely change the market in the long term.

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https://sonomotors.com/en/blog/an-update-on-the-development-status-of-the-solar-integration-of-the-sion/ Christian
2020-04-02T10:00:00+02:00 2023-12-27T03:29:39+01:00 “We'll Get Through This, Too” – Interview With Vehicle Developer Maximilian Seifert

The Sion brings together the know-how of the people behind our vehicle development. One of them is Maximilian Seifert, who, as Director Vehicle Programs is significantly involved in the all the development steps and has been accompanying the Sion since its beginnings. In an interview with PR Manager Alexa Rauscher, he provides insights into the latest state of development, the consequences of the Corona crisis and his own personal highs and lows in over three years at Sono Motors.

Hi Max, the press is reporting that the corona crisis will have a drastic impact on the entire economy, including the automotive industry. Where do you see the Sion development team at the moment?

Right now, the safety and health of the team is the most important responsibility. That’s why we have taken a company-wide home-office approach. We see the same with all our partners. That means COVID-19 and the current situation will affect all of us, including Sono Motors and our future steps. What the current events will mean in detail for our development and prototyping, we can in the end only estimate in the coming weeks. However, since our day-to-day work is largely digitally organized, we are continuing to work with full commitment.

Does the current, difficult situation have an impact on the cooperation with our partners or has the shift to working in the home office also proved successful for vehicle development?

We have handled the situation really well so far, almost everything now runs via online meetings and phone calls. We, and also our partners are well prepared for such a situation thanks to the numerous possibilities to communicate digitally. Nevertheless, this is a challenge, because in the coming weeks the kick-offs, i.e. the starting signal for many of our projects, with our partners will take place. This also includes full-day workshops to discuss the current status, technical content, possible problems, and the next steps.  In this process, personal meetings are therefore often almost indispensable. In order to lose as little time as possible, we have to find a way together with our partners to continue to work together in an optimal way. We are now trying to cover all this online.

What has happened in the development team since the Community Funding Campaign was completed? Can you give us an insight?

A lot has already happened in different areas. Most importantly, the Community Funding Campaign has once again shown how much we as a team at Sono Motors stand together, along with our community. A large part of the development team provided massive support to other departments during the campaign. Even in the first weeks after the campaign, during which an incredible number of people contacted us by phone and email with their questions or suggestions. This means that we actually had to get all the engineers back into the development team and we had to re-form ourselves as a team in the vehicle development department. As soon as it was clear that we had reached the financial basis for the development of the new generation of prototypes, we were able to put our full focus on the concrete plans for 2020. A huge thank you again to all the supporters who made this possible.

“We actually had to get all the engineers back into the development team and we had to re-form ourselves as a team in the vehicle development department.”

This means that after the extension of the campaign, you had to discuss the timetable and the goals for 2020 in detail again. Did this lead to a delay in the timing of the new prototype generation? Is it possible to make a concrete prognosis there?

Correct, we have extended the campaign by four weeks. In vehicle development, the entire team was only available to us about five to six weeks later. The same applies to the budget to really start all necessary projects and kick-offs. This means that we could only start a little later than originally planned. Our goal is now to make up for this delay in the projects. But, of course, none of us can say today how long the restrictions for protection against the corona pandemic will remain in effect, and what this could mean for our plans.

The development team is now again formed and the necessary resources are available. What exactly has happened on the strategic side in the meantime?

For me, strategy always means defining goals, i.e. determining the "what" and the "why". After that we work out in detail "how" we want to achieve the set goals. Therefore, we defined appropriate measures internally and discussed them intensively with our external partners in the last weeks. Our strategy in vehicle development is based on three pillars, namely progress in virtual series development, the construction of test benches, and the next stage of prototype construction, which has already been announced.

Very exciting! Let's talk about the construction of the new prototypes right away. Can you explain how such a prototype is built? The production methods that are used for the prototype build, for example, clearly differ from the ones applied for series production, is that correct?

That is correct. One reason for this is that we only build a small number of prototypes. That means that other production methods and tools are used, for example for the trim components of the vehicles. On the other hand, the delivery times of some series tools take over 30 weeks. However, this does not mean that these prototypes differ greatly from the later series product in terms of appearance and function. Only the manufacturing method is different.

And what does this mean for the technical features of the Sion, especially the solar integration or the technology of bidirectional charging?

Every development goes through various stages of maturity and is carried out in so-called sample phases, which primarily define the software status and the production method of individual components. In our current prototypes, the vehicles that we have presented on our test drives, mostly A-samples, or concept components, have been used, i.e. components with a rather low degree of maturity. In the new generation of prototypes we can mostly look forward to B-samples. This means that the functionality, i.e. the software and the form of the components are already a great deal closer to the later series product. In the subsequent prototype generation, which we will build next year, C- and D-samples will already be used.

These prototypes are also developed with the aim of being presented to the community. But their development is also relevant from a technical point of view. Can you explain what functions they actually fulfill?

Basically, you learn an enormous amount in each phase of the vehicle development, which is why each individual phase is so important. Especially when working with the entire project team. You could describe the construction of the new prototype generation as a kind of test run. All of the departments that will also be working together on the construction of the series vehicle are involved – from purchasing to logistics, to production. Close cooperation with our prototype builder is also crucial in this phase. So we can learn above all to optimize our coordination processes, but we can also gain important insights into the integration of individual components into the overall vehicle. After all, one of the greatest challenges in vehicle construction is bringing together the various areas and components into one product; this is how this step in the production process is described.

And why is this important for your team now? Isn't the interaction of individual vehicle components already being tested on the virtual vehicle? 

The biggest challenge for every vehicle manufacturer is that in the vehicle and in the vehicle system, no component, not a single part can function in any way on its own or change without affecting all other areas. The complexity, and thus the challenge, lies obviously in the interdisciplinary interaction of all vehicle areas. Of course, this can also be adequately developed and tested on the virtual vehicle. However, it is still necessary to keep track of the development status at certain points in time and validate it by building hardware, i.e. real components. Commonly named test benches are suitable for testing vehicle systems, for tests in the vehicle environment, we build prototypes.

In general, vehicle development requires increasingly flexible adaptation possibilities. We are responding to this by constantly improving our processes and, since the beginning of this year, we have switched even more strongly to an agile and lean working method. The modules in vehicle construction are grouped according to their functionality and cooperation. As project managers, we work with these groups on an interdisciplinary basis with regard to the entire vehicle in order to optimize cooperation between teams and thus, make it even more efficient.

Would you say that the way the Sion development team works is different from the way classic OEMs work?

What certainly distinguishes us is that, on one hand, we have a particularly high proportion of software development due to the integration of sharing services in vehicle development; for this reason alone, we have to work in an agile manner. On the other hand, vehicle development requires synchronization points or milestones at which all development areas reach a certain level of development simultaneously. One such milestone is, for example, the design release.

This is when the procurement of components begins. We will continue to need these synchronization points in cooperation with our partners because in the automotive world, work is still not moving quickly and easily. What we have changed for us above all is that we have switched to hybrid project management. In principle, this means that we combine the advantages of classic project management, i.e. the organization of a process in sequential successive project phases and the waterfall model, with agile working methods such as SCRUM.

Earlier you spoke of the three pillars of the next development stages. Could you explain them in more detail?

Of course. The first pillar is the virtual series development. Here, we work together with all our series partners on the construction (CAD; computer-aided design) and simulation using computer-aided engineering (CAE), or in simple terms, the virtual validation of our vehicle. The second pillar is the construction of the prototypes, which we will produce this year together with a prototype builder in order to carry out further tests. The third pillar is the construction of various test benches for the areas of powertrain, electrics and electronics (E/E), thermal and infotainment. All serial parts will be put into operation on a workbench there. The advantage of this is that we can already test the functionality and communication of the individual vehicle parts quickly and cost-effectively in the subsequent vehicle environment.

Powertrain and E/E: These terms are certainly new to a lot of people. Can you briefly explain which components will be tested there?

On the E/E Bench primarily the components from the low-voltage vehicle electrical system are tested. These are, for example, the control units of the window lifters, wipers, lights, or the eCall function. On the powertrain bench, the powertrain components are tested, for example the engine, the battery, and the bidirectional charger.

Why did we choose these four benches in the first instance?

This selection allows us to test all the important and critical systems in parallel with the virtual development directly at our site and ensure that all components interact with each other as planned. By the way, it's also a lot of fun.

I'm sure it is! Can you now give us a personal insight into the life of a developer? You have already accompanied the construction of the first prototype generation. Can you tell us what the difference is between then and now is? Back then, you were a very small team. What are you particularly looking forward to, what challenges do you expect?

What everyone is most looking forward to, and what delights every developer the most, is the phase in which that, what has been developed virtually so far, is finally put together and begins to exist physically. When I look back on the construction of our current prototypes, the greatest thing was the cooperation within the team and with the prototype builder, but also how motivated we were despite how stressful and hectic it felt. Being on-site, seeing how the vehicle is built piece by piece from the body to the installation of the solar panels and then in the assembly – that was simply indescribable. I am, again, most looking forward to seeing what we have conceived, planned, and developed standing before us in reality. And one of the absolute greatest moments for us will be when we can present the vehicles to the community.

“What delights every developer the most, is the phase in which that, what has been developed virtually so far, is finally put together and begins to exist physically.”

So you will be closely involved with the construction again?

Max: Yes, of course. This is an enormously important phase. Especially in the crucial last weeks we will be on-site non-stop to learn and document as much as possible from this phase. I am even looking forward to working through the night when the final phase is about to start, to stand there until 5 o'clock in the morning assembling the car.

What particular challenge or difficulty do you remember?

To be honest, I have only positive memories of building the first prototypes. Something we should not repeat, however: the last time, the car was completed the night before the release event. Due to small beauty corrections, we took the dashboard apart, because we thought the moss was not optimally illuminated. This caused a short circuit and at five o'clock in the morning we had to disassemble the whole instrument panel again to put in a new cable. That's when you reach your limits.

Last but not least: Maybe you can tell us how the cooperation with the suppliers and our partners we will build the new prototypes with looks like?

After the end of the campaign it was important to reactivate all partners as quickly as possible, to get new offers and to negotiate, in order to then go into the kick-offs accordingly. Our partners also followed the Community Funding Campaign closely and joined in the excitement. Now they are all trying to adjust their capacities as quickly as possible and start working with us on the project. Like last time, a prototype builder will then build the vehicle for us at their location. We will then work side by side with this partner.

There is one question I still have to ask. Who will be the partner who builds the new Sion prototype?

I knew this question was coming (smiles). Currently we are still in the final coordination rounds before we make a final decision with which partner we will join in these next steps.

So is this the cliffhanger?

This is the famous cliffhanger (laughs).

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https://sonomotors.com/en/blog/interview-with-vehicle-developer-max-seifert/ Alexa
2020-03-12T00:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors With New Chief Financial Officer
  • Torsten Kiedel, start-up experienced CFO, joins the management of Sono Motors

12th March 2020 – German mobility provider Sono Motors has appointed Torsten Kiedel to the company's management board with immediate effect. In his function as Chief Financial Officer (CFO), the 41-year-old Business Master graduate will secure the company's financing in the future and make a key contribution to strategically positioning Sono Motors for its market entry and growth in the coming years. Torsten Kiedel looks back on more than 15 years of management experience, including in the areas of corporate finance, risk management and controlling. In addition to corporate experience in various finance departments at BMW, including three years at BMW Bank in the USA, with him he brings to Sono Motors seven years of start-up experience from management positions in the agile growth environment of companies such as mytaxi (now known as Free Now) and Flixbus. In his previous position as CFO of Occhio, he was responsible for finance and purchasing.

"Unfortunately, the financing environment and the lack of venture capital for start-ups is still a challenge in Germany. After the completion of one of the most successful Community Funding Campaigns in Europe, the challenge now is to secure through financing until the start of production of the Sion and thus create financial sustainability as quickly as possible," says Laurin Hahn, CEO and one of the founders of Sono Motors. "We are very pleased to have Torsten onboard in this decisive phase who is an extremely experienced colleague and financing expert and is as enthusiastic and engaged with climate-friendly mobility as we are," adds Laurin Hahn.

Following the new addition, the Sono Motors management board will henceforth consist of the founders and CEOs Laurin Hahn and Jona Christians as well as 
Torsten Kiedel (CFO), Isa Krupka (CMO), Thomas Hausch (COO) and Roberto Diesel (CTO).

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https://sonomotors.com/en/press/press-releases/sono-motors-with-new-chief-financial-officer/ Sono Motors
2020-01-21T00:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors Community Funding Campaign Reaches 53 Million Euros
  • More than 10,000 supporters set an example for sustainable future mobility in one of the largest Community Funding Campaigns.

21st January 2020 – The Munich-based mobility provider Sono Motors has successfully completed the extension of its campaign to finance the company and has exceeded its target of 50 million euros. With one of the largest community funding campaigns in Europe, an average of one million euros a day has been invested in the campaign over a period of 50 days, of which around 75 percent stem from reservation holders of the Sion – the first solar electric vehicle (SEV), 19 percent from existing and new investors and around 6 percent from loans and donations. In December 2019, in full transparency Sono Motors announced a strategic reorganization of the company’s finances to protect its values and technologies. Therefore, they gave the Sono Motors community the possibility to take the decision on whether to continue the "project Sion".

"53 million euros, invested by the centre of society, for the forward-looking and sustainable mobility concept of a start-up is a clear signal, also directed at politicians to make adjustments. Electromobility and the support of young companies in Germany has to be pursued faster and more vigorously. We at Sono Motors now see it as our responsibility to live up to the trust placed in us by our supporters. Together with the community, we will continue on our path to bring the Sion into production as quickly as possible," says Laurin Hahn, CEO and co-founder of Sono Motors.

The Sono Motors community will continue to play a key role in the further financing of the company, together with sustainable and value-based investors. The inflows from the now completed community funding campaign will be used to finance the construction of series prototypes and to set up production. Sono Motors plans to produce a total of 257,000 Sion over a period of seven years at the former Saab plant in Trollhättan, Sweden. The company currently has 13,000 reservations for the Sion.

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https://sonomotors.com/en/press/press-releases/sono-motors-community-funding-campaign-reaches-53-million-euros/ Sono Motors
2019-12-02T00:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors Launches Community Funding Campaign with Target of 50 Million Euros
  • 2,000 vehicle preorders to be generated in four weeks.

  • Founders intend transfer of their profits into Community Pool.

2nd December 2019 – The German mobility provider Sono Motors launched one of the biggest community funding campaigns in Europe yesterday. The company’s campaign target is to generate 50 million euros between now and December 30, 2019, with preorders from existing and new supporters. The capital will then primarily be invested in production facilities for prototypes of the first solar electric vehicle (SEV): the Sion. This broad-based public campaign follows a strategic reorganization of the company’s finances. Long-term realization of the vision, an unreserved focus on the objectives of Sono Motors as well as the production and delivery of the Sion are to be safeguarded in ways other than with conventional financing rounds. The idea is for the follow-up financing to likewise be borne by the growing Sono Motors community, complemented by long-term investors who share and support the company’s value system and vision.

In the past, the company’s high capital requirements meant that international investors in particular played a major part in its financing strategy. However, in advanced negotiations with a number of potential partners it became increasingly apparent that Sono Motors’ long-term corporate strategy could not easily be reconciled with the interests of traditional investors. A departure from the company's vision and an outflow of technologies and patents and ultimately the end for the forward-looking concept of the Sion would have been the result. The decision to no longer pursue the previous strategy and the termination of the corresponding talks requires the acquisition of new financial resources and postpones the production of the first vehicles into September 2021.

“We realized again and again over the past few months that we have entirely different goals to traditional financial investors,” says Laurin Hahn, CEO and cofounder of Sono Motors. “Aggressive growth and quick profits are difficult to reconcile with a sustainable corporate and vehicle concept which is designed to give access to affordable and eco-friendly electromobility throughout. In addition, providing start-ups that have a capital-intensive business model with venture capital does not work in Germany, neither in the initial stages nor at the growth stage. Had we relied solely on funding measures or the German market environment, Sono Motors would probably not exist in its current form. Urgent action is required from the politicians in this area. It should be possible to implement such a future project in Germany and lead it to economic success. We will continue to fight anyhow. For climate-friendly mobility and for our reservation holders,” adds Hahn.

Sono Motors’ decision to opt for community funding is an unmistakable acknowledgment to the more than 10,000 supporters who have already preordered and prepaid a Sion and a rejection of teaming up with investors who do not share or support the company’s vision and goals. 

“We were torn between our pledge to the community and the investors’ demands and were increasingly moving away from who we really are, which is something we absolutely had to correct. Social responsibility and climate protection would otherwise have fallen by the wayside, and so would all that we stepped up for. We are now focusing on continuing to fund our innovative vehicle concept together with people who want to see the Sion on the road. Together with a community that asks for a company which acts responsibly, critically questions itself and can be judged honestly on the basis of the statements it makes,” says Jona Christians, CEO and cofounder of Sono Motors.

With the start of the campaign, the company founders are transferring their remaining shares of the profits to a Community Pool and transfer future profits to today's Sion reservation holders. They are therefore passing up their personal profits, but will keep their voting rights in the company. This ensures that the company’s objectives continue to be realized and that the Sion can be produced sustainably without any changes to the concept. The founding team currently holds around 74 percent of the company’s shares and 64 percent of the profit participation rights.

The Sion is the first production vehicle to bring together solar integration, mobility services and a bidirectional charging function. The seamless integration of solar cells into the vehicle’s surface makes this innovative all-rounder independent of the charging infrastructure over short distances. Up to 5,800 kilometers of free and carbon-neutral range can be generated a year thanks to the integration of solar cells, thereby lowering the running costs of the car. A total of 257,000 vehicles will be manufactured with renewable energy in Sweden.

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https://sonomotors.com/en/press/press-releases/sono-motors-launches-community-funding-campaign-with-target-of-50-million-euros/ Sono Motors
2019-08-29T00:00:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors Shows Interior Design of the Sion
  • Suitable for everyday use and ready to be shared: SEV Sion features a puristic and intuitive interior concept.

29th August  2019 – The German mobility provider Sono Motors presented first images of the Sion interior today as part of an online campaign. The concept behind the vehicle that can autonomously charge itself using solar power and thereby generate additional range was developed as a way of rapidly establishing sharing services and electromobility throughout the market. The first series production SEV therefore leaves the production plant equipped with integrated mobility services. The Sono app enables simple and effortless private car sharing, ride sharing, and energy sharing.

At a time of ever-increasing equipment variations, Sono Motors focuses on the essentials in the cockpit of the Sion, namely functionality, intuitive operation, user-friendliness, and connectivity. The Sion interior design takes into account the diversity of the vehicle’s usage with an appropriately robust and hard-wearing interior.

It will be possible to control all the mobility services directly via the central 10-inch display of the infotainment system with integrated connectivity as well as via the Sono app. Consumption data and vehicle information can be called up on the main display, where central vehicle functions can also be managed. Data concerning the vehicle’s solar range is made available directly on the 7-inch display within the steering wheel area. A private smartphone can be connected to the infotainment system via Apple CarPlay and Android Auto. Phone calls and the availability of one’s own music are guaranteed thanks to a Bluetooth interface.

“In conjunction with sharing services and autonomous driving, the digitalization of mobility and the increasing interconnectivity of vehicles will play a key part in significantly reducing the number of vehicles, especially in urban settings,” says Roberto Diesel, CTO of Sono Motors. He continues: “The avoidance of redundant luxury in the interior equipment and the cost savings through sharing favor the willingness to share the Sion. Thus the vehicle owners and sharing users actively contribute to the improvement of our climate.”

The vehicle is highly versatile as a sharing, private, or company car, and is also suited to being incorporated into neighbourhood concepts and car sharing fleets. The series production version of the family- and commuter-friendly five-door vehicle boasts plenty of footwell and interior space, while the volume of the trunk can be increased from 650 to 1,250 liters of uniform loading space with just a few simple hand movements. A key design element in the cockpit is an organic moss that improves the interior climate and provides ambient lightning.

The Sion is the first production vehicle to bring together solar integration, mobility services, and the option of sharing power via a bidirectional charging function. The seamless integration of solar cells into the vehicle’s surface makes this innovative all-rounder independent of the charging infrastructure over short distances. Up to 5,800 kilometers of free and carbon-neutral range can be generated with the solar integration per year, thereby lowering the cost of running the car.

Series production is scheduled to start in the second half of next year, with a total of 257,000 vehicles being produced. For its rollout, the SEV will be delivered in a version costing 25,500 euros. Other vehicles based on the Sion platform are planned, including for the international market.

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https://sonomotors.com/en/press/press-releases/sono-motors-shows-interior-design-of-the-sion/ Sono Motors
2019-05-08T00:00:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors Hits 10,000 Mark for Preorders of First Series Production SEV Sion
  • Number of paid preorders has doubled since June 2018. Current reservations represent a total turnover of 214 million euros.

8th May 2019 – The mobility provider Sono Motors today announced that 10,000 reservations have already been placed throughout Europe more than one year before the start of production. The number of people interested in purchasing the first series production solar electric vehicle (SEV) has doubled since last June. Around 87 percent of these preorders were placed in the DACH region (Germany, Austria, and Switzerland); overall, there are potential buyers in more than 20 countries worldwide. The vast majority of these potential buyers are private individuals as opposed to commercial customers and sales partners.

In addition to price, range, and charging infrastructure, which are perceived by consumers to be the biggest obstacles to electromobility, the SEV’s forward-looking concept particularly addresses the issues of climate protection and resource conservation as well as the need to reduce vehicle numbers. Globally, there have been around 79 million new vehicle registrations per annum since 2017. With the sharing options included in the standard setup, a Sion can potentially replace an average of fifteen conventional vehicles, thereby contributing significantly to solving this problem.

“In preordering the Sion, ten thousand people have made a clear commitment to climate-friendly and sustainable mobility,” says Jona Christians, CEO and founder of Sono Motors. “A desire for responsibility toward the environment unites us with all these people. We believe in a world in which every vehicle is powered electrically and is shared. This is the vision that drives us,” he adds.

The idea of initiating change together with others is at the very heart of Sono Motors. The company continues to offer the community to have a stake in Sono Motors and therefore also in its growth and success by means of crowdinvesting. Traditional market research is replaced by community feedback, which then flows into the vehicle’s development. In addition, community votings give prospective buyers the opportunity to decide on the design characteristics and features of the vehicle, including vehicle and wheel colour, charging options and the number of seats in the vehicle. Europe-wide test-drive road shows allowed interested parties to experience the first Sion prototypes up close and get to know Sono Motors in direct dialogue.

The SEV will be manufactured in Sweden by the SAAB successor company National Electric Vehicle Sweden (NEVS). It will be produced exclusively using renewable energies and production is set to commence in the second half of 2020.
 

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https://sonomotors.com/en/press/press-releases/sono-motors-hits-10000-mark-for-preorders-of-first-series-production-sev-sion/ Sono Motors
2019-04-17T00:00:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors to Produce Sion in Sweden
  • First series production SEV to be manufactured at former SAAB plant in Trollhättan.

17th April 2019 – The first series production solar electric vehicle (SEV) developed by the German mobility provider Sono Motors is to be manufactured in Sweden. As Sono Motors officially announced today, the first generation of the Sion will be produced in Trollhättan by National Electric Vehicle Sweden (NEVS). The plant located there was home to the production lines of the long-standing and innovative automobile manufacturer SAAB. In total, an initial 257,000 vehicles will roll off the production line in Trollhättan over an seven-year period. Production will commence in the second half of 2020. After the ramp-up period, approximately 43,000 Sion a year will be manufactured in two-shift operations. Production will be carried out using one hundred percent renewable energy.

“In NEVS, we found the perfect partner for us,” says Thomas Hausch, Chief Operating Officer, Sono Motors. “Together, we share a vision of intelligent and resource-conserving mobility. We also value our partner’s specific expertise based on their many years of experience in traditional automobile development and production in combination with proven expertise in the area of electromobility.”

The innovative vehicle concept of the Sion already represents tomorrow’s mobility today – the aim of which needs to be the reduction of vehicles on the roads through more sustainable and more efficient usage. The Sion will therefore be equipped ex works with integrated sharing options. These enable the owner to share the vehicle itself, individual journeys, or even energy via a mobile application (Sono app), developed by Sono Motors. A bidirectional charging function enables the Sion to both receive and supply electricity, power electrical devices independently, and feed energy to other vehicles or into the electricity grid. Thanks to full-surface solar integration, the vehicle battery can be charged with pure and free solar energy worth up to 35 kilometers’ range per day in addition to its regular WLTP range of 255 kilometers.

For its market launch, the Sion will be rolled out in one single variant version costing 25,500 euros. There are plans afoot to develop other vehicle models based on the vehicle’s platform.

Since the presentation of the prototypes in summer 2017, the Sono Motors team has been going on test drive road shows all over Europe. On the occasion of the cooperation with NEVS, the next road show will take place in Sweden. Sono Motors has so far taken approximately 9,800 partially paid preorders for the Sion.

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https://sonomotors.com/en/press/press-releases/sono-motors-to-produce-sion-in-sweden/ Sono Motors
2019-03-04T00:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors Presents Design of the Sion
  • Innovative electric car features full-surface solar integration and more space.

4th March 2019 – Sono Motors, the German provider of sustainable mobility concepts and producer of the first series-produced electric car with solar integration, unveiled the first images of the Sion’s series design as part of a broad online release. The focus was placed on the full-surface incorporation of solar modules into the bodywork – one of the vehicle’s unique features that have influenced its design. Thanks to technology developed by Sono Motors, the solar cells meld seamlessly into the vehicle’s surface and can generate up to 35 kilometers of additional range a day at peak performance. This is well above the average distance of 17 kilometers commuters in Germany travel to their workplace.

“After unveiling our first prototype in summer 2017, we continued to develop our solar integration technology, which we have been working on since 2016,” explains Mathieu Baudrit, head of Research and Development, Solar Integration, at Sono Motors. “The production vehicle will feature full-surface integrated solar cells that are embedded in hard-wearing, resilient polymer and that contribute to the vehicle’s design aesthetic thanks to optimized color matching.”

The Sion’s dimensions are increasing. It is becoming larger, longer, and wider, its tail is more emphasized, and it generally looks more elongated. The production version of the Solar Electric Vehicle (SEV) and innovative five-door vehicle will boast a larger footwell and additional interior space. An additional side rear window guarantees an optimum all-round view. The rear will be more stepped and, in combination with the innovative LED rear light design, more three-dimensional.

Sono Motors is involving those who have preordered a Sion in the selection of certain vehicle details by means of community votes, and in doing so is exploring entirely new avenues in the field of vehicle development.

With the Sion, Sono Motors will introduce a carbon-offset electric car and the first mass-produced vehicle featuring solar integration to the market. The vehicle concept revolves around connectivity and intelligent application options. The car features integrated sharing services. An app allows people to share the vehicle itself, rides, and – thanks to a bidirectional charging function – also energy. Sono Motors plans to develop more vehicles based on the Sion platform, for example in the areas of urban mobility, logistics and transport or last mile, including for the international market.

The company has so far taken approximately 9,500 partially paid preorders for the Sion. For its market launch, the vehicle will be delivered in a version costing 25,500 euros.

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https://sonomotors.com/en/press/press-releases/sono-motors-presents-design-of-the-sion/ Sono Motors
2018-11-22T00:00:00+01:00 2023-12-27T03:29:39+01:00 Sono Motors Awards Major Contract to Continental
  • Long-Term Partnership for Production of the Sion’s Electric Drive Unit

22nd November 2018 – The German mobility provider Sono Motors announced today that it was entering into a cooperation with Continental, the world’s second largest automotive supplier. The long-standing German company’s Powertrain division will build the electric drive unit (EDU) for the Sion, the first series produced e-vehicle with integrated solar cells. This is a long-term partnership between Sono Motors and Continental, extending over the vehicle’s full life cycle.

In addition to the engine, the Sion’s drive unit consists of the power electronics and the transmission. Their integration into a single system unit reduces the size and weight of the drive system, thereby boosting the vehicle’s performance. The drive system, which has already been validated, can be incorporated into the Sion without the need for any additional significant development work and is therefore in keeping with Sono Motors’ innovative carry-over parts strategy.

“Our decision to work with Continental marks the conclusion of another important stage in the preparation of the Sion’s series production. With Continental, we have found an experienced system partner with high automotive standards who shares our enthusiasm for innovative vehicle development solutions and whose name stands for quality and the height of technology around the world,” says Roberto Diesel, CTO of Sono Motors.

The Sion has a battery capacity of 35 kWh. The optimized engine reduces the vehicle’s consumption. The hitherto communicated range of 255 kilometers according to WLTP standard has now also been confirmed in simulations in accordance with the new Worldwide Harmonized Light Vehicles Test Procedure (WLTP) standard as being of 255 kilometers. The choice of a front-wheel drive also further increases drive and recuperation efficiency.

The announcements already made by Sono Motors this year include its partnership with ElringKlinger in the area of battery development and production. Additionally, Sono Motors is developing an innovative and custom LED headlamp concept for the Sion together with Automotive Solutions Germany (ASG), a specialist in the development and mass production of automotive lighting systems. Sono Motors has so far received about 8,800 pre-orders for the vehicle.

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https://sonomotors.com/en/press/press-releases/sono-motors-awards-major-contract-to-continental/ Sono Motors
2018-10-18T00:00:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors Announces New Round of Financing
  • Campaign Generates More Than 5 Million Euros in the First Week

18th October 2018 – A year after the company’s successful first crowdinvesting campaign, the Munich-based mobility provider Sono Motors today announced the start of a second round of financing. The purpose of the campaign is to generate the capital needed for the completion of the series development and manufacturing of the Sion, the first series-produced electric vehicle with solar integration, which is scheduled to go into production in the fourth quarter of 2019.

In the one-week subscription period ahead of today’s official campaign launch, which was reserved exclusively for existing investors and backers, there were subscriptions amounting to no less than 5 million euros via crowdinvesting and other channels.

The concept of the current financing round affords retail and institutional investors access to the campaign via various channels and forms of participation. Using a variety of crowdinvesting platforms, investors can participate in the success of the company via either equity or debt capital. Another investment option is via a special fund from the asset managers CAV Partners, who specialize in renewable energies, and the environmental financial services provider Grüne Sachwerte.

“It is our goal to establish a sustainable company. We believe that, together with our community, we can bring about change. This was confirmed already back in 2016 with our first crowdfunding campaign. We therefore want to continue to give the retail investors and early backers, whose financial involvement and trust played a major part in keeping us going over the past two years, the opportunity to benefit from our company’s growth by means of crowdinvesting,” says Laurin Hahn, CEO and co-founder of Sono Motors.

Another major focus is getting institutional investors on board. Therefore, Sono Motors is engaging in talks with them in the course of the current financing round.

“We have reached some important milestones last year and we succeeded in doubling our enterprise value in next to no time. The funds generated in the current financing round will go toward the finalization of series development and the conclusion of the Sion’s validation phase, and will also be used for the crucial next industrialization steps,” adds Martin Sabbione, CFO of Sono Motors.

Sono Motors currently has more than 8,000 fee-based vehicle reservations, which would equate to an order volume of around 140 million euros. The company has therefore comfortably exceeded its original target of 5,000 reservations.

In addition to the internal teams of experts being expanded in recent months, the management team was expanded in order to advance the company’s development. Thomas Hausch (Nissan, Daimler) assumed the position of COO, while Isa Krupka (Van Eck, STOXX, Dow Jones) was appointed to the management as CCO.

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https://sonomotors.com/en/press/press-releases/sono-motors-announces-new-round-of-financing/ Sono Motors
2018-08-16T00:00:00+02:00 2023-12-27T03:29:39+01:00 Sono Motors announces Dutch market entry
  • 37 event days planned in 18 cities in the Netherlands and the core market of Germany, comprising some 3,500 test drives.

16th August 2018 – Just a few weeks after the conclusion of a test drive tour around Europe lasting several months, the Munich-based mobility provider Sono Motors has announced another series of test drives of the Sion electric car encompassing a total of 18 cities in the Netherlands and Germany. This is the company’s response to the increasing interest being shown in its sustainable mobility concept by a growing community. The series of events will get under way in Fürth on 1 September and the Netherlands part of the tour will start in Maastricht on 7 September.

The compact car Sion is an electric vehicle with solar modules incorporated into the bodywork that use the sun to generate a range of up to 30 kilometers a day – self-charged and in addition to its basic range of 255 kilometers according to WLTP standard. With a range that is suitable for daily use, a purchase price of 16,000 euros (not including the battery) and the integrated sharing functions, the vehicle is designed to appeal in particular to families and city commuters. So far, the company has received approximately 7,000 vehicle reservations.

‘We passed the 5,000 reservations mark in June, thereby wrapping up a crucial phase,’ says Laurin Hahn, CEO and one of the founders of Sono Motors. ‘This tour is our way of catering to the overwhelming demand for test drives. We will therefore be offering additional test drives in our core market of Germany again on our way to the Netherlands. The Netherlands itself is a very interesting market for us as it is considered a pioneer in the field of electromobility. We therefore believe there is a great deal of potential for an electric car like the Sion and we look forward to entering the market,’ Hahn adds.

Anyone interested in getting behind the wheel of the Sion and meeting the team can register for their preferred date on the Sono Motors website. There will be two prototypes and an eight-strong team present at each of the event days to provide information on the car and the company, solar integration and the mobility and sharing functions.

In all, approximately 3,500 test drives will be conducted in the following cities during the tour:

Fürth (1–2 September 2018), Darmstadt (3–4 September 2018), Siegburg (Bonn) (5–6 September 2018), Maastricht (7–8 September 2018), Eindhoven (9–10 September 2018), Delft (11–12 September 2018), Almere (13–14 September 2018), Groningen (15–16 September 2018), Hengelo (19–20 September 2018), Detmold (21–22 September 2018), Hildesheim (23–24 September 2018), Göttingen (25–26 September 2018), Fulda (27–28 September 2018), Heilbronn (29–30 September 2018), Memmingen (3–4 October 2018), Weilheim / eRUDA (5 October 2018), Passau (9–11 October 2018) and Munich (13 October 2018).

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https://sonomotors.com/en/press/press-releases/sono-motors-announces-dutch-market-entry/ Sono Motors
2018-05-15T00:00:00+02:00 2023-12-27T03:29:39+01:00 Solar Car “Sion” on test drive tour throughout Germany
  • Due to high demand: 17 test drive tour stops in Germany with the solar car Sion.

15th May 2018 – Sono Motors, a young automobile company from Munich, will be taking its innovative and family-friendly solar car Sion on a Germany-wide test drive tour, starting May 15th. The compact van will be available for test drives in 17 cities.

The Sion is a self-charging electric car with integrated solar cells in the body, which can feed up to 30 kilometers of solar energy into the battery every day. Thanks to a battery range of 255 kilometers according to WLTP standard, a purchase price of 16,000 euros (without battery) and integrated sharing services, the vehicle will appeal particularly to families and city commuters. According to the company, more than 4,000 cars have already been reserved.

"A week before the start of the tour, more than two and a half thousand people had already registered for a test drive," explains Anne-Sophie Scharrer, Tour Manager at Sono Motors. "After our tour across Italy, Austria, and Switzerland, the demand for further test drives in Germany has increased tremendously.

"This shows us how immensely the general interest in climate-friendly mobility is growing in this country," says Navina Pernsteiner, co-founder of the young company from Munich. "We want to make electromobility suitable for everyday use, while promoting resource-conservation and climate-friendliness. It is time to finally make a difference in this area. In our view, price, range and everyday practicality are the most important criteria for this."

Whether the Sion meets these criteria sufficiently or not can be found out from May 15th in Friedrichshafen on Lake Constance. Afterwards, Sono Motors plans on making 16 additional stops all over Germany. 

All dates at a glance:

Friedrichshafen (15 - 16.05.2018), Freiburg (17 - 18.05.2018), Ludwigsburg (19 - 20.05.2018), Mannheim (21 - 22.05.2018), Limburg an der Lahn (23 - 24.05.2018), Cologne (25 - 26.05.2018), Gelsenkirchen (27 - 28.05.2018), Oldenburg (29 - 30.05.2018), Enge-Sande (02. - 03.06.2018), Lübeck (04. - 05.06.2018), Potsdam (06. - 07.06.2018), Leipzig (08. - 09.06.2018), Erfurt (10. - 11.06.2018), Würzburg (12. - 13.06.2018), Ulm (14. - 15.06.2018), Kempten (16. - 17.06.2018), Regensburg (18. - 19.06.2018)

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https://sonomotors.com/en/press/press-releases/solar-car-sion-on-test-drive-tour-throughout-germany/ Sono Motors