Sono Group (SEVCF) Small Cap Growth Virtual Investor Conference summary

Company overview and strategy

• Focuses on integrating proprietary solar technology into commercial vehicles, targeting large OEM production lines and fleet operators.

• Holds nine granted patents and over 30 pending, with a comprehensive end-to-end solution including panels, controllers, integration, and analytics.

• Headquarters in Munich, Germany, with management and supervisory board based in the U.S.

• Combines U.S. entrepreneurship with German technology innovation for global expansion.

• Dedicated team in Munich emphasizes sustainability and carbon footprint reduction.

Product innovation and partnerships

• Offers lightweight, flexible, high-efficiency solar panels and a proprietary solar charge controller as key differentiators.

• Solutions serve buses, trucks, vans, RVs, and refrigeration trailers, with scalable installation options.

• Received a green innovation award in Italy and first national certification for its Solar Bus Kit in Germany, streamlining fleet adoption.

• Established a global co-marketing and distribution partnership with Merlin Solar Technologies, expanding reach in the EU and Americas.

• Collaborates with major OEMs, including Ford, MAN, and Thermo King, for integration and pilot projects.

Financial performance and operational changes

• Reported a profit of EUR 65 million, mainly from reconsolidation of its GmbH subsidiary.

• Reduced net equity deficit from negative $88 million to negative $23 million, and further to $14 million in Q1.

• Converted main investor debt to equity, improving financial stability and reducing liabilities.

• Cut G&A expenses by 65% and development costs by 93%, with a 71% decrease in net cash flow.

• Transitioned from IFRS to U.S. GAAP and from foreign private issuer to domestic filer, enabling more timely financial reporting.