New partnership – sono motors to produce sion solar electric vehicle at valmet automotive

Munich, germany and uusikaupunki, finland, april 05, 2022 (globe newswire) -- sono motors (subsidiary to “sono group n.v.”, nasdaq: sev) and valmet automotive today announced the signing of a binding term sheet, specifying all substantial parameters regarding the collaboration and the production of the sion solar electric vehicle (sev). the finnish contract manufacturer will produce the sion at its plant in uusikaupunki. valmet automotive will provide the capacity to produce more than 257,000 vehicles over a seven-year period.
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