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

Sono Motors officially sunsets Sion EV, will focus solely on B2B solar tech


German solar technology startup Sono Motors has officially thrown in the towel on its Sion solar passenger EV program following an inspiring but unsuccessful crowdfunding campaign called #SaveSion. The pivot puts the company’s entire focus on its Sono Solar tech business, which has previously found success with third party customers around the world. While Sono should be alright, its abandonment of solar EV development is yet another chapter in a sad tale about how hard it is to scale the technology without billions in funding. More…

Lucid Motors (LCID) shares Q4 financial results, ends 2022 with enough liquidity to reach 2024


Following a little teaser in early January, Lucid Motors has publicly shared its financial results for Q4 and the full fiscal year 2022 in an investor presentation you can view below. Air EV production was way up to cap off last quarter, leading to revenues over $257 million. As a result of the whole year, Lucid Motors believes it is liquid enough to safely navigate into 2024. Details below. More…