SEV - Sono Group adds to first-day IPO gain as investor interest stays solid

Sono Group N.V. (NASDAQ:SEV) is up another 3.75% after a strong public debut yesterday that saw shares more than triple off their IPO pricing level at one point. What is behind the nearly $2.0B market cap? The company has a solar electric vehicle called the Sion that it says aims to blend innovative solar technology with affordability to enable individual contribution to global sustainability. SEV is also 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. Read a more detailed breakdown on Sono Group.

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Sono Group adds to first-day IPO gain as investor interest stays solid