Progressing talks with potential investors propel our organization to extend our campaign: The struggle for a promising future continues.
In a recent announcement, Sono Group N.V., a pioneering company focused on revolutionising mobility by making every vehicle solar, has extended its #savesion campaign until 28 February 2023. The campaign, which began on 8 December 2022, was initially set to end on 31 January 2023.
According to Laurin Hahn, co-founder and CEO of Sono Group, the extension of the campaign positions them to reach their target of approximately €100 million. As of today, Sion reservations total more than 44,000.
The #savesion campaign is a fundraising initiative aimed at securing the necessary funds for the pre-series production of Sono Group's flagship vehicle, the Sion. More than €47 million has been committed from over 8,600 community members and additional sources. These reservations and pre-orders are potentially equivalent to a net sales volume of about €1 billion.
Sono Group's disruptive solar technology can be seamlessly integrated into a variety of vehicle architectures. The pre-series production of the Sion is planned for the summer of 2023. Crash tests for the Sion have begun in Italy this week.
It's important to note that forward-looking statements involve inherent risks, uncertainties, and contingencies. These risks include the impact of the global COVID-19 pandemic, the rollout of the business, the ability to develop and produce vehicles, the monetization of solar technology, the conversion of reservations into binding orders, competition, changes in regulatory requirements, and more. Readers should not place undue reliance on these statements.
Sono Group N.V. (OTCQB: SEVCF) is a Netherlands-based company, and a prospectus will contain detailed information about the company and management, as well as financial statements, for any public offering of securities in the United States. However, securities may not be offered or sold in the United States without registration or an exemption from registration.
For the latest updates and announcements about the #savesion campaign, visit Sono Group's website or follow them on social media. For more information about the campaign or the company, reach out to the team leading the campaign.
In pursuing their fundraising goals, Sono Group aims to raise €100 million through the #savesion campaign, an initiative targeting pre-series production of their flagship vehicle, the Sion. As the campaign continues, investors can leverage technology to back this business, with the potential of a net sales volume of about €1 billion.
