Producing Sion cars in Sweden, announced by our organization
The much-anticipated production of the Sono Sion, a solar electric vehicle (SEV) developed by Sono Motors, is set to start in 2023 at Valmet Automotive in Finland[1]. This shift in plans from the original 2022 start date was announced recently.
Valmet Automotive, a well-established contract manufacturer and supplier, is no stranger to the automotive industry, having previously produced vehicles for brands like Mercedes and Lightyear[1]. Sono Motors has chosen Valmet Automotive as their manufacturing partner for the Sion, marking a significant step towards the mass production of solar-powered vehicles.
Sono Group N.V., the company behind the Sion, is on a mission to accelerate the revolution of mobility by making every vehicle solar[2]. Their disruptive solar technology is engineered to be seamlessly integrated into various vehicle architectures, extending vehicle range, reducing fuel costs, and decreasing CO2 emissions[3].
The Sion will be equipped with integrated sharing options, allowing owners to share the vehicle, individual journeys, or energy via a mobile application[4]. It will also have a bidirectional charging function, enabling it to both receive and supply electricity, power electrical devices independently, and feed energy to other vehicles or into the electricity grid[5].
The Sion will be rolled out in one single variant version costing 25,500 euros for its market launch[6]. With approximately 9,800 partially paid preorders already secured[7], it's clear that there is significant demand for sustainable and efficient mobility solutions.
Sono Group's stock is traded on the OTCQB under the symbol SEVCF[2]. Investor-related inquiries can be directed to ir@our website, while press-related inquiries can be directed to press@our website[8].
After the ramp-up period, approximately 43,000 Sion vehicles will be manufactured in two-shift operations annually[9]. The first series production of the Sion will be manufactured in Trollhättan, Sweden, marking a significant milestone in the company's mission to pave the way for climate-friendly mobility[10].
In addition to the Sion, Sono Group also plans to develop other vehicle models based on the Sion's platform[11]. This expansion into multiple vehicle models demonstrates the company's commitment to a sustainable future and their belief that solar power is the key to the next generation of mobility.
[1] Source: Valmet Automotive Press Release, 2021 [2] Source: Sono Group N.V. Investor Presentation, 2021 [3] Source: Sono Group N.V. Website, 2021 [4] Source: Sono Group N.V. Website, 2021 [5] Source: Sono Group N.V. Website, 2021 [6] Source: Sono Group N.V. Website, 2021 [7] Source: Sono Group N.V. Website, 2021 [8] Source: Sono Group N.V. Website, 2021 [9] Source: Sono Group N.V. Website, 2021 [10] Source: Sono Group N.V. Website, 2021 [11] Source: Sono Group N.V. Website, 2021
- The finance sector may observe growing investments in the automotive industry as companies like Sono Motors, with their solar-powered vehicles, emerge in the market.
- As the manufacturing process for electric vehicles like Sono Sion becomes more widespread, the transportation industry is likely to experience significant changes, leading to a more eco-friendly lifestyle.
- Valmet Automotive, with its expertise in contract manufacturing, partners with various industries, including the automotive and technology sectors, to bring innovative vehicles like solar electric vehicles (SEVs) to market.
- In the coming years, as the production of electric vehicles accelerates, the automotive industry, along with sectors like transportation and finance, will play crucial roles in shaping the future of mobility and reducing carbon emissions.
