Last year around December 2, the German mobility provider Sono Motors launched one of the biggest community funding campaigns to generate €50 million to develop production facilities for prototypes of the first solar electric vehicle (SEV): the Sion.
Achieved the €53M!
In the latest development, the company has completed the funding campaign with €53 million, exceeding its target by €3 million. As per the company claims, an average of €1 million a day has been invested in the campaign over 50 days. Out of these, around 75% stems from reservation holders of the Sion, 19% from existing and new investors, and 6% from loans and donations.