Important Innovations Collection

Solar Electric Car Company Goes Public & Hits Near $40 per Share                                                                                Sono Motors Sion Hot New Solar Electric Automotive Technology Germany's Sono Group, parent of Sono Motors - the solar electric car company - went public on the Nasdaq on November 17, 2021 for an initial price of $15 per share, soared to $38.74 and closed on Friday at $31.73 per share.  The company has a hot electric car - the Sion - and hot solar body panel technology.  Sono has 16,000 pre-orders of the Sion, which is the company's first solar electric vehicle.  The down-payments were $3,000 each.  The car is priced at $28,700 and will be delivered to consumers in the first half of 2023.  90...

Sono Motors Files for an IPO on Nasdaq                                             Source:  Sono Motors' Sion Valuation Could Be More Than $1 Billion Sono Motors of Munich, Germany was founded in 2016 by four friends working out of a tiny garage. The company specializes in developing solar electric, zero emissions cars. Fast forward five years, the company has filed for a US initial public offering (IPO).  The company will be listed as SEV on the Nasdaq with a expected valuation in excess of $1 billion.  Sono has developed an advanced solar electric vehicle called Sion.  It is looking to pull in investor money to expand operations as governments around the world are pushing for greener, cleaner, zero emissions vehicles like Sion.  Growing from zero revenues and a concept to $1 billion in valuation in five years is the essence of a hot...