Sono Group

  • Sono Group N.V. Announces H1 2025 Results: Net Income of €8.0 Million and Continued Solar Mobility Commercial Progress

    Sono Group N.V. reported a net income of €8.0 million for H1 2025, largely due to fair value adjustments on convertible notes. The company significantly reduced cash used in operations by 78% to €3.5 million. Through SonoSolar, they’re integrating solar tech with OEMs, including MAN Truck & Bus and Ford, who are testing Sono’s technology. G&A expenses decreased by 21% in H1 and 35% in Q2 year-over-year. Despite these improvements, significant liabilities and a low cash position remain concerns.

    5 hours ago