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More and more electric cars are being sold, and soon there will also be solar-powered cars (symbol image)
Photo: STEVE FECHT / AFP
The Munich-based solar car developer Sono Motors has applied for an IPO in the USA.
The company, which was founded in a garage in Munich in 2016, could be valued at well over a billion dollars, several people familiar with the plans told the Reuters news agency in March.
Solar technology should also power buses and trains
The first Sono model with the name »Sion«, which, according to the stock market application, is to be delivered from 2023, can not only be charged at the socket, but also via solar cells that are built into the body.
The development partners include the automotive suppliers Continental and ElringKlinger.
According to its own information, Sono has over 14,000 pre-orders with advance payments, which led to a net inflow of funds of 38.8 million euros by the end of August.
The company also plans to license its solar technology to manufacturers of buses, trucks, RVs, trains and boats.
muk / Reuters
