The Sono Motors Sion will be able to offer power to another car (Photo: Sono Motors)
Sono Motors has started a second round of financing to complete the series development of its first car, the Sion, which is scheduled for launch in late 2019.
The Munich-based electric-vehicle startup said it was on track to obtain 5 million euros in new financing from existing investors and backers.
The Sion is a small EV that will be at the center of Sono’s strategy to offer both an affordable electric car and a range of mobility services.
The car’s main feature is the integration of photo-voltaic panels in its body, which, on an average summer day, could provide the battery with enough power for a range of 16 km to 30 km.
“Whenever the car is outside, it will be recharged by the sun,” said Thomas Hausch, who recently joined Sono Motors as COO. Hausch is an auto industry veteran with a lengthy career at Daimler, Chrysler, Nissan and California startup Coda Automotive.
At a conference session during the eMove360 EV exhibition here, Hausch said the recent focus on diesel emissions underlines that it is impossible to make the combustion-engine meet today’s clean-air requirements. “Electric vehicles are necessary and good,” he said.
Sharing is a major part of Sono’s business strategy and Hausch said it aims to address the prospect of a sharp rise in the global vehicle parc over the next decade. He showed projections that the number of vehicles on the road will double to around 2 billion by 2025 from 1 billion in 2010.
If all cars become electric, Hausch said, " we will have won a necessary bit on the emissions side, but we have not solved the problem that very soon there will be many more cars on our streets with a lot less space."
Soon Motors' app, goSono, will offer three sharing concepts: power sharing, ride sharing and car sharing. Power sharing will be an option that allows a Sion owner to offer other people electricity.
Sono Motors says it already has more than 8,000 fee-based reservations for the Sion, which is equal to an order volume of around 140 million euros.
-By Arjen Bongard.