Sono Motors Unveils Production Design of Its ‘Sion’

• 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, July 25, 2022 (GLOBE NEWSWIRE) — Sono Motors (subsidiary to “Sono Group N.V.”, NASDAQ: SEV), the corporate that’s pioneering solar-powered mobility, at this time held its first “Celebrate the Sun” Community occasion with greater than two thousand friends. During the occasion, the Munich-based OEM celebrated the debut of the world’s first inexpensive photo voltaic electrical car (SEV), the Sion, in its manufacturing design, and the revealing of its novel ‘Solar Bus Kit’, a scalable B2B retrofit resolution that reduces gasoline consumption and inner-city greenhouse fuel emissions, thereby contributing to local weather safety.

“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,” stated 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 concept between associates in a Munich storage, Sono Motors has grown to change into a pioneer in solar-powered transportation by way of its improvement of the Sion, an inexpensive and dependable SEV for the lots. The Sion’s distinctive market place, coupled with Sono Motors’ proprietary Sono Solar Technology positions the Company completely to grab upon a rising shift towards a extra sustainable future and allows particular person contribution to climate-friendly mobility by way of the Company’s mix of disruptive expertise and affordability.

In its closing manufacturing design, the Sion acquired main enhancements in comparison with earlier ideas: the outside and inside now characteristic fewer traces and clearer surfaces. The Sion’s revamped exterior design consists of new headlights and taillights, a brand new backside sideline design, new door handles, a streamlined rear with new digital camera and 3D traces, and a brand new charging lid. Inside, the Sion encompasses a extra spacious, cleaner inside with extra storage, newly designed entrance seats and rear bench, and a brand new steering wheel. The Sion may also provide new shade and trim for inside surfaces.

The outer shell of the family-friendly Sion will consist of 456 seamlessly built-in photo voltaic half-cells and can allow self-sufficiency on brief journeys. The power generated by the photo voltaic cells is anticipated to increase the estimated 305 km vary of the Sion’s 54 kWh LFP battery by a mean of 112 km (as much as 245 km) per week. Commuters in German metropolitan areas must cost their Sion as much as 4 occasions lower than standard electrical vehicles of the identical car class with an identical battery measurement. The battery will permit for a most charging capability of as much as 75 kW (DC) and 11 kW (AC). Bidirectional charging expertise enhances the automobile’s photo voltaic integration and is designed to show the Sion right into a sustainable energy plant on wheels that’s anticipated to have the ability to energy digital units, the house or different electrical vehicles with an output of as much as 11 kW.

Sono Motors is presently constructing its fleet of series-validation autos in Munich near the corporate’s HQ, ushering within the Sion’s testing program, which has already commenced. In the subsequent months, this car era will endure uncompromising sensible checks beneath excessive situations in each Europe and the U.S. This consists of sequence validation, homologation, crash checks, testing in several climates, optimizing photo voltaic expertise and safeguarding, in addition to refining driving dynamics on take a look at tracks and on public roads.

As of 1 July 2022, Sono Motors has over 19,000 energetic non-public reservations for the Sion, with a mean down-payment of €2,225 and equal internet gross sales quantity of about €415 million, assuming that every one reservations end in gross sales. At an estimated internet gross sales worth level of simply 25,126 euro, the Sion is anticipated to have one of the bottom TCOs (whole price of possession) within the medium-size phase for the reason that proprietary photo voltaic expertise significantly reduces the need to cost the car.

The Company has an asset-light method, with begin of manufacturing deliberate for the second half of 2023 by way of contract manufacturing in Finland, foregoing the necessity for constructing its personal manufacturing amenities. Sono Motors’ companion Valmet Automotive has in depth experience in manufacturing for high-tech OEMs. After a ramp-up interval the companions intention to provide roughly 257,000 Sion autos inside seven years.

Solar Bus Kit: B2B retrofit resolution to allow sustainable mobility for industrial transport
The Solar Bus Kit is a flexible and easy resolution, optimized for the most typical 12-meter public transport bus sorts on the European market, together with Mercedes-Benz Citaro and MAN Lion City. Sono Motors will provide a whole and environment friendly retrofit resolution for bus fleet operators who’ve a compelling want to cut back diesel consumption and CO2 emissions to fulfill their sustainability targets.

The Solar Bus Kit permits subsystems just like the HVAC to be partially powered by renewable power thereby saving gasoline, CO2, and prices. The Kit can save as much as 1,500 liters of diesel and as much as 4 tonnes of CO2 per bus per 12 months from the ~1.4 kW peak set up with a complete measurement of about 8 square-meters of photo voltaic panels. Bus fleet operators stand to see a possible payback time of roughly 3-4 years, relying on days in operation and gasoline costs. Sono Motors will announce extra particulars throughout 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,” stated 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 nicely on observe with its plan to diversify its business and has presently delivered personalized photo voltaic options to a number of B2B clients. As of at this time, the Munich-based solar-mobility specialist is partnering with 19 corporations worldwide – together with MAN Truck & Bus and CHEREAU – to implement its Sono Solar Technology on a range of car architectures similar to buses, trailers, vehicles, and electrical transporters. Depending on the use case, measurement and kind of the photo voltaic integration, Sono Motors’ light-weight and adaptable resolution permits clients within the transportation business to chop prices and emissions all through their fleets.

ABOUT SONO MOTORS
Sono Motors is on a pioneering mission to speed up the revolution of mobility by making each car photo voltaic. Sono Motors’ disruptive photo voltaic expertise has been engineered to be seamlessly built-in into a range of car architectures — together with buses, vehicles, trailers, and extra — to increase vary and cut back gasoline prices in addition to the affect of CO2 emissions, paving the way in which for climate-friendly mobility.

The Company’s trailblazing car, the Sion, would be the world’s first inexpensive photo voltaic electrical car (SEV) for the lots. Empowered by a robust world group, Sono Motors has over 19,000 reservations with advance down-payments for the Sion as of
1 July 2022.

PRESS CONTACT
Christian Scheckenbach | Mobile: +49(0)17618050132
E-Mail: [email protected]   | Website: www.sonomotors.com/press

FORWARD-LOOKING STATEMENTS
This press launch consists of forward-looking statements. The phrases “expect”, “anticipate”, “intends”, “plan”, “estimate”, “aim”, “forecast”, “project”, “target”, “will” and comparable expressions (or their unfavorable) determine sure of these forward-looking statements. These forward-looking statements are statements concerning the Company’s intentions, beliefs, or present expectations. Forward-looking statements contain inherent recognized and unknown dangers, uncertainties, and contingencies as a result of they relate to occasions and rely upon circumstances that will or could not happen sooner or later and should trigger the precise outcomes, efficiency, or achievements of the Company to be materially completely different from these expressed or implied by such ahead trying statements. These dangers, uncertainties and assumptions embrace, however will not be restricted to (i) the affect of the worldwide COVID-19 pandemic on the worldwide economy, our business and markets in addition to our business, (ii) dangers associated to our restricted working historical past, the rollout of our business and the timing of anticipated business milestones together with our potential to finish the engineering of our autos and begin of manufacturing on time and funds and dangers associated to future outcomes of operation, (iii) dangers associated to our unproven potential to develop and produce autos and with anticipated or marketed specs together with vary, and dangers regarding required funding, (iv) dangers associated to our potential to monetize our photo voltaic expertise, (v) dangers regarding the uncertainty of the projected monetary data with respect to our business together with the conversion of reservations into binding orders, (vi) results of competitors and the tempo and depth of electrical car adoption usually and our autos particularly on our future business and (vii) adjustments in regulatory necessities, governmental incentives and gasoline and power costs. For extra data regarding some of the dangers, uncertainties and assumptions that might have an effect on our forward-looking statements, please consult with the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), that are accessible on the SEC’s web site at www.sec.gov and on our web site at ir.sonomotors.com. Many of these dangers and uncertainties relate to components which are past the Company’s potential to manage or estimate exactly, such because the actions of regulators and different components. Readers ought to due to this fact not place undue reliance on these statements, notably not in reference to any contract or funding determination. Except as required by legislation, the corporate assumes no obligation to replace any such forward-looking statements.

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