"15,000 bookings achieved by our establishment"
Sono Group, a German mobility provider trading on OTCQB under the symbol SEVCF, is making strides in accelerating the revolution of mobility by making every vehicle solar. The company's mission is to pave the way for climate-friendly mobility, and their solar technology is not limited to the production of the Sion, the world's first solar electric vehicle (SEV) for the masses.
The Sion, priced at $25,600 net (€21,400), has garnered significant interest, with over 15,000 direct consumer reservations in the Munich-based company's home country and the DACH region (Germany, Austria, and Switzerland). The vehicle's integration of Sono Group's solar technology aims to extend vehicle range, reduce fuel costs, and decrease CO2 emissions.
However, the company's reach extends beyond the DACH region, with reservations also coming from countries like France, the Netherlands, Italy, Spain, and Portugal. While specific data on reservations outside of the DACH region is not available, it is likely that a substantial portion of the nearly 50,000 total reservations for Aptera, a US-based solar EV manufacturer, come from outside Germany and the DACH region.
The total order value of these reservations stands at $385 million, and the average down payment for these reservations is $3,300. Sono Group's solar technology is engineered to be a part of a variety of vehicle types, not just the Sion. In fact, the technology aims to reduce costs and emissions across various vehicle types, not just Sono Group's own vehicles.
Interested investors can contact Sono Group via ir@our website or ir.our website, while press inquiries can be directed to press@our website or www.our website/press. The company's solar technology can be seamlessly integrated into various vehicle architectures, including third-party OEM cars, buses, refrigerated vehicles, and recreational vehicles.
As Sono Group continues to make strides in solar mobility, the net price of the Sion is planned to increase to $28,700 (€23,900) either on 15 November or when the reservation number reaches 16,000, whichever occurs earlier. With the Sion's innovative technology and commitment to climate-friendly mobility, it's clear that Sono Group is at the forefront of the solar mobility revolution.
The Sion's solar technology, extending beyond the Sion, could potentially be incorporated into electric-vehicles from third-party OEMs. Technology advancements in solar vehicles, as exemplified by Sono Group's Sion, are reshaping the overall lifestyle by offering climate-friendly mobility options, powered by technology.
