Energy & Science
German Solar Car Startup Sono to Stay in Business After Crowdfunding Success
- Company says it passes EU50m in fundraising on website
- Crowdfunding started after funding talks broke down in Dec.
Photographer: Carsten Koall/Getty Images
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Sono Motors GmbH, the embattled German startup working to serially produce a solar-charged electric car, said it’s achieved a crowdfunding goal that will let the company stay in business.
The sum passed its 50 million euro ($55 million) goal Saturday, the Munich-based company announced in a tweet. It had hoped to raise the amount by Jan. 21.