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Sono Motors reports Q2 EPS (EUR 0.50) vs. (EUR 0.29) last year

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

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