![]() ![]() ![]() The company says it will now scale up its technology, starting with the introduction of the next generation of its mass-market-ready retrofit solution for cleaner public transportation - the “Solar Bus Kit” - planned for the second quarter of 2023. Going forward, Sono Motors says it intends to focus specifically on buses and third-party OEM cars. Customers include Mitsubishi Europe, CHEREAU, and two Volkswagen subsidiaries – Scania and MAN Truck & Bus. Sono Motors says it is currently working as a development-partner and supplier with companies across 10 countries in Europe, Asia and the United States. The company says its solar solutions, including hardware such as power electronics and software, are already in application today, with 23 B2B customers across Europe, Asia, and the United States piloting Sono Motors’ integrated solar technology on a variety of vehicles, including third-party OEM cars, buses, refrigerated vehicles, and recreational vehicles. Is solar the future of EV transport? Sono Motors CEO says yes It was a difficult decision and despite more than 45,000 reservations and pre-orders for the Sion, we were compelled to react to the ongoing financial market instability and streamline our business.” “Even though we had to terminate our original passion project, the Sion program, shifting our entire focus to business-to-business solar solutions provides us with an opportunity to continue to create innovative products in the solar space. ![]() “This pivot marks a significant step in Sono Motors’ business development,” said Laurin Hahn, co-founder and CEO of Sono Motors. Given the resource-intensive nature of the Sion program, including personnel requirements, the company says it is now implementing a significant cost-reduction program. The company said termination of the Sion program reflects a decision to focus on a capital-light business model – an estimated 90% of the funding needs for 2023 were generated by the Sion program – in light of depressed capital market conditions. We are so thankful for his past and future championing of our mission”, said Laurin Hahn.How Sono’s solar cells became key to its solar-powered EV “Without Thomas’ professional dedication and outstanding character, our Sion program would have not made it this far. In this context, Thomas Hausch has decided to step down from his role as COO but will support the company’s transition. In light of the company’s decision to terminate the Sion program, the company plans the redundancy of approximately 300 employees. On top, Sono Motors intends to sell its Sion program. Although Sono Motors has terminated the Sion program, the company will continue to utilize patented technology developed in its ongoing integration and retrofit business. In terms of Sion reservations with deposits made before the #savesion campaign, the company announced a payback plan to reimburse in various installments including a bonus over the next two years. Just before entering pre-series production, the Sion was on a trajectory to become a disruptor in the automotive solar technology industry. The success of Sion’s 18-vehicle series-validation program was, in the company’s view, proof that the concept of a solar electric vehicle (SEV) works. Sono Motors, the company that aims to revolutionize the future of solar-powered transport, is expanding its solar business by entering the growing refrigerated trailer market. Given the resource-intensive nature of the Sion program, including personnel requirements, the company is now implementing a significant cost reduction program. About 90 percent of the funding needs were related to the Sion program. Termination of the Sion program reflects a decision to focus on a capital-light business model in light of depressed capital market conditions. Fleet operators can benefit from integrating the technology to save fuel, costs, and CO 2. 23 customers are piloting Sono Motors’ integrated solar technology on a variety of vehicles, including third-party OEM cars, buses, refrigerated vehicles, and recreational vehicles. The company’s solar solutions, including hardware such as power electronics and software, are already in application today. The Munich-based company decided to pivot its business model to exclusively retrofitting and integrating its solar technology onto third-party vehicles, the company stated in a press release. ![]() Sono Motors will stop with immediate effect its solar passenger car development project, the Sion. ![]()
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