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Become Part of Sono

“Our aim is to build a value-based company and put the Sion on the road – however not for personal gain. If together we reach our campaign goal of 50 million, we'll give all of our profit entitlements to the reservation holders of the Sion.”

Navina, Jona and Laurin, December 2019

The Sono Points

We stand for a new entrepreneurial spirit that sees itself as responsible towards society and remains committed to its own values. Together with you we will bring the Sion onto the streets and make a difference. With a down payment every Sion reservation holder makes a significant contribution to our common goal. Sono Points have been awarded for the full price down payment of a Sion. Sono Points are intended to provide their owners with the potential to share in future financial benefits enjoyed by our founders. The more Sono Points one holds, the greater the share of the total pool and therefore the potential payout.

The Value of Sono Points

With a down payment every Sion reservation holder makes a significant contribution to our common goal. As a thank-you, our founders have therefore given their entire dividend participation rights in Sono Motors GmbH at that time to a Community Pool from which the Sono Points are awarded. Sono Motors GmbH is now a wholly owned subsidiary of Sono Group N.V. The shares of the founders are associated with a voting right and grant dividend rights. In the case of Sono Motors, the founders have dedicated their shares to the Community Pool and to others.

The Formula

Without numerous supporters such a project cannot function. The amount of your share in the total pool varies depending on the number of supporters. So if a large number of community members participate, your relative share will decrease; the higher the number of community members, the greater the positive influence of community funding on the overall company value. Therefore, everyone who reserved a Sion before December 1, 2019 received one Sono Point. Additionally, depending on the payment commitments made in the course of the Community Funding Campaign (1.12.2019 - 20.01.2020), persons making reservations received additional Sono Points. Everyone who pays the full price for the Sion after January 20, 2020 receives another Sono Point.

FAQ

Sono Motors will become the first car manufacturer to be supported by a community and the community of reservation holders will share in the company's profits.

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Note

Anyone who made a reservation through our website before 01.12.2019 will automatically receive a "Sono Point". The Sono Points are firmly tied to you as a person and cannot be traded. If you cancel or withdraw from your reservation, or if you cancel or withdraw from the purchase contract based on your reservation, your Sono Points will be forfeited.