Sono Motors shuts financing round of EUR45 million
Dec 17, 2020 05:25 PM ET
- Sono Motors, developer of the Sion solar electric automobile, has increased a further EUR45 million ($54 million).
Image: photon.info
The business's funding round was led by a number of institutional capitalists, consisting of Swedbank Robur and DNCA.
Previously in 2020, the company had increased EUR53 million in a crowdfunding campaign, bringing Sono Motors' total equity, financial obligation and paid appointments to around EUR100 million.
The Sion is expected to be the initial mass-produced solar electric car. The firm has actually currently taken greater than 12,600 pre-orders. The start-up plans to provide the new model generation at the Consumer Electronics Show (CES). The electronic devices market profession reasonable takes place digitally from 11 to 14 January.
Also read
- Altano Energy secures €81m to build Spanish renewables pipeline
- CIP provides loan backing Ampliform’s expanding United States solar pipeline
- Janta Power Raises $5.5M for 3D Solar Towers
- Lightsource bp closes tax equity for 187-MW Peacock Solar financing
- Recurrent secures $825m for Arizona batteries and solar projects financing
