The company says it will now focus exclusively on its solar tech company.
Sono Motors to integrate Continental’s ADAS system in the Sion series-validation vehicles for the first time.
Initially, 50 Bosch service locations in Germany will be trained as authorized service centers for Sono Motors’ solar EV.
The start of production for the Sion Solar Electric Vehicle (SEV) is planned for the second half of 2023.
The initial public offering price is expected to be between $14 and $16 per share.
Sono Motors is currently developing the world’s first solar electric vehicle (SEV) for the masses, called the Sion.
The Sono Sion features integrated car-, ride- and power-sharing and will be able to charge itself thanks to solar integration.