@niche: Sono Motors Completes €45 million Series C Funding Round000373

Sono Motors is on a mission of enabling a mobility system, where every electric vehicle is solar, shared and independent from fossil-fuels. Today, an experienced specialist team is developing a forward-looking electric car that is suitable for daily use, with integrated solar cells and innovative mobility services, the Sion. Both, the integrated solar technology as well as the mobility services enable users to access clean mobility, harnessing solar energy and reducing CO2 impacts.

Sono Motors was founded in 2016, has been continuously growing since then and currently counts more than one hundred employees. The team combines international young talents and industry veterans, including former employees from BMW, Nissan Motor Company, Chrysler Group, DaimlerChrysler, Mercedes-Benz, FlixBus and myTaxi. Since its foundation, the company has raised more than € 100M through reservations and funding. The company released its first generation car prototype to the public in 2017. To date, more than 12,600 people have reserved and partially paid for the vehicle. In 2018, Sono Motors was recognised as a Solar Impulse Efficient Solution by the Solar Impulse Foundation. In January of 2020, Sono Motors successfully closed one of the biggest Community Crowdfunding Campaigns in Europe.

The Sion is expected to have the lowest TCO (total cost of ownership) in its category at the time of production.

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