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home / news releases / SEV - Sono Motors reaches 20K reservations for solar/electric car Sion

SEV - Sono Motors reaches 20K reservations for solar/electric car Sion

Sevcon Inc.

  • Sono Motors said it reached 20K private reservations of Sion, with an average down-payment of ~€2K net.
  • Munich-based solar mobility OEM Sono — a unit of Sono Group ( NASDAQ: SEV ) — noted that at an expected net sales price point of €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 H2 2023 via contract manufacturing in Finland, the company said in a Sept. 1 press release.
  • After a ramp-up period, Sono Motors and its partner Valmet Automotive aim to produce ~257K Sion vehicles within seven years.

For further details see:

Sono Motors reaches 20K reservations for solar/electric car Sion
Stock Information
Company Name: Sevcon Inc.
Stock Symbol: SEV
Market: NASDAQ
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