Reports Q3 revenue EUR 138,000 vs. EUR 0 last year. "We continued our strong growth in the third quarter of 2022 with revenues six times higher than in Q2 of this year," as Laurin Hahn, CEO and co-founder of Sono Motors, commented. "We are excited to have achieved 21,000 Sion B2C reservations and 22,000 B2B pre-orders to date, reflecting potential net sales volumes of up to EUR 1 billion, assuming that all reservations and pre-orders result in actual purchases. Importantly, 40% of our total reservations are private customers with an average down-payment of approximately EUR 2,000, evidencing the enthusiasm and excitement our customers have for the Sion. We believe that these numbers demonstrate the continuously rising demand of a solar electric vehicle for the everyday commuter."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SEV:
- Third Quarter 2022: Increase in Reservations and Multiple International Partnerships Signed
- Sono Motors Expands Cooperation With Continental for Development of Solar Electric Vehicle Sion
- Sono Motors and Bosch Automotive Aftermarket Confirm Long-term Europe-wide Partnership
- Sono Motors partners with Bosch for Europe-wide car repair network