• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Sono Motors: “Community funding” may have been illegal

Barely two months after abandoning its solar car project, Sono Motors may be facing more trouble over the project’s financing. Capital magazine questions the “community funding” approach the German startup had resorted to and says reimbursements remain outstanding in some cases. Said “community fundings” had seen around 21,000 private individuals advancing almost 44 million euros […] More…

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