Sono Motors Layoffs
February 2023
Sono Motors announced a layoff affecting 300 employees in February 2023. The company operates in the Transportation sector.
300
Feb 27, 2023
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Sono Motors, a German electric vehicle startup, laid off approximately 300 employees, representing nearly all of its workforce, in early 2023. This drastic reduction followed the company's decision to cancel its flagship Sion solar-electric car project due to insufficient funding and a failed crowdfunding campaign. The layoffs, which affected around 90% of the staff, were part of a strategic shift to focus on licensing its solar technology to other manufacturers in the automotive industry. The move marked a significant downsizing for the once-promising startup, which had aimed to bring an affordable solar-assisted EV to market.
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