{"id":9172,"date":"2021-10-28T13:40:48","date_gmt":"2021-10-28T17:40:48","guid":{"rendered":"https:\/\/autosector.com\/auto\/?p=9172"},"modified":"2021-10-28T13:40:48","modified_gmt":"2021-10-28T17:40:48","slug":"sono-motors-now-has-15000-sion-reservations-valued-at-385-million-sev-price-increase-to-come","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=9172","title":{"rendered":"Sono Motors now has 15,000 Sion reservations valued at $385 million, SEV price increase to come"},"content":{"rendered":"

German EV startup Sono Motors has confirmed that it now has 15,000 reservations for its flagship Sion solar electric vehicle (SEV). Accounting for an average down payment of $3,300, Sono Motors<\/a> is currently valuing its total orders at $385 million from consumers throughout Europe. The company also shared details of an imminent price increase to its Sion SEV.<\/p>\n

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Sono Motors is a German automaker founded in 2016 that specializes in solar electric vehicles that function with the ability to garner additional charge from the sun. By\u00a0integrating proprietary solar panels<\/a>\u00a0into the Sion\u2019s exterior, the vehicle is able to gain 70-150 miles of additional range per week from the sun alone.<\/p>\n

The SEV automaker is currently working toward scaled production of its flagship SEV, the Sion, which is on track to meet deliveries to all current reservation holders by 2023. <\/p>\n

In September, we reported that Sono Motors\u00a0had surpassed 14,000 reservations<\/a>, equivalent to more than $350 million in net revenue. This milestone was joined by even bigger news earlier this month, which was that Sono had registered for a proposed IPO<\/a> to list on the Nasdaq as \u201cSEV.\u201d<\/p>\n

While the public offering awaits approval and an official listing, the appetite for Sono Motors\u2019 Sion and its solar electric technology continues to grow. <\/p>\n

Most recently, Sono Motors has shared its most recent reservation numbers, and plans for a price increase on its upcoming Sion.<\/p>\n

\"Sono
Interior on the Sion SEV Photo: Sono Motors<\/em><\/figcaption><\/figure>\n

Sono Motors confirms 15k reservations, Sion price increase<\/h2>\n

In a recent press release<\/a>, Sono Motors confirmed that reservations have expanded further outside Germany to other European countries like Austria, Switzerland, France, the Netherlands, Italy, Spain and Portugal.\u00a0<\/p>\n

In addition to the latest reservation numbers, Sono Motors shared plans for an imminent price increase for its Sion SEV as well. The Sion is currently available for $25,600 (\u20ac21,400). <\/p>\n

However, Sono will increase this price to $28,600 (\u20ac23,900) on November 15, or when it hits the 16,000 reservation mark. Whichever comes first.<\/p>\n

Looking ahead, Sono looks to begin testing its third generation of Sion prototypes in 2022 while it awaits a verdict on its proposed IPO. <\/p>\n

The production-ready Sion SEVs remain on track to deliver to reservation holders in the first half of 2023. <\/p>\n

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