{"id":750107,"date":"2023-04-21T16:48:04","date_gmt":"2023-04-21T20:48:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/"},"modified":"2023-04-21T16:48:04","modified_gmt":"2023-04-21T20:48:04","slug":"following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/","title":{"rendered":"Following Pivot to a Pure Solar Tech Company, Members of Sono Group N.V.\u2019s Supervisory Board Resign"},"content":{"rendered":"<div class=\"mw_release\">\n<ul type=\"disc\">\n<li>\n          <strong>On 24 February 2023 Sono Group N.V. Committed to Focus Exclusively on Solar Business for B2B Customers, And Terminated the Sion Passenger Car Program<\/strong>\n        <\/li>\n<li>\n          <strong>Against This Background, Members of Its Supervisory Board Have Resigned<\/strong>\n        <\/li>\n<\/ul>\n<p>MUNICH, Germany, April  21, 2023  (GLOBE NEWSWIRE) &#8212; On 24 February 2023, Sono Group N.V. (NASDAQ: SEV) (\u201cSono Motors\u201d or the \u201cCompany\u201d) announced its commitment to\u00a0change its business model to focus exclusively on its solar business for B2B customers and to terminate the Sion passenger car program. This has led to a shift in the Company\u2019s business\u00a0model and operations away from its supervisory board members\u2019 strong expertise in the areas of automotive, digitalization, and Community-focus. Against this background four members of the Company\u2019s supervisory board, Chair Martina Buchhauser, Vice-Chair Robert Jeffe, Arnd Schwierholz, and Community Representative Sebastian B\u00f6ttger, today, 21 April 2023, announced their resignation with immediate effect.<\/p>\n<p>Jona Christians, co-founder and Co-CEO of Sono Motors: \u201cBased on their experience, Martina, Robert, Arnd, and Sebastian have made an important contribution to our company. We are\u00a0very grateful for the dedication they\u2019ve shown to our mission in the past and wish them all the best for the future.\u201d<\/p>\n<p>Johannes Tischler, who was nominated to the supervisory board by Laurin Hahn, will continue to serve on the Company\u2019s supervisory board and the supervisory board can thus continue to perform its duties.<\/p>\n<p>The Company has commenced the process of finding suitable candidates to fill the vacancies on its supervisory board as promptly as reasonably practicable, taking into account the Company\u2019s nomination arrangement pursuant to which the Company\u2019s Co-CEOs and Co-Founders, Laurin Hahn and Jona Christians, acting individually, are each permitted to make a binding nomination for one supervisory board member. Once suitable candidates have been identified, the Company shall convene a general meeting of shareholders to appoint them.<\/p>\n<p>As a consequence of the resignation of all members of the Company\u2019s supervisory board except Johannes Trischler described above, the Company will not have any supervisory board committees until new candidates for the Company\u2019s supervisory board have been identified and appointed.<\/p>\n<p align=\"left\">\n        <strong>ABOUT SONO MOTORS<\/strong><br \/>\n        <br \/>Sono Group N.V. (NASDAQ: SEV) is on a pioneering mission to accelerate the revolution of mobility by making every vehicle solar. Sono Motors\u2019 disruptive solar technology has been engineered to be seamlessly integrated into a variety of vehicle architectures \u2014 including third-party OEM cars, buses, refrigerated vehicles, and recreational vehicles \u2014 to extend range and reduce fuel costs as well as the impact of CO2 emissions, paving the way for climate-friendly mobility.<\/p>\n<p>\n        <strong>CONTACT<\/strong><br \/>\n        <br \/>Press: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DB8ZizCaH_bsemoylnDxzOppaBxS3AS2XCQO0rg1PVfobQyfqEOKHfW8gUh4yNvooLyMaaK47VrpQSkxdLpCooWIqkppwGrzAOvZS4BzNq8=\" rel=\"nofollow noopener\" target=\"_blank\"><u>press@sonomotors.com<\/u><\/a><br \/>IR: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FOeWKjtIqPaO3HaxE-p1eG1-yJTfHRo5C4uAJgVRqCrSqBd7bZrcRZw8xR9Plm_aQw1Ohpe5os2hfZly23EeodZGMBkifzHEESRLpUtZ7mE=\" rel=\"nofollow noopener\" target=\"_blank\">ir@sonomotors.com<\/a><\/p>\n<p>\n        <strong>FORWARD-LOOKING STATEMENTS<\/strong><br \/>\n        <br \/>This press release includes forward-looking statements. The words &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intends&#8221;, &#8220;plan&#8221;, &#8220;estimate&#8221;, &#8220;aim&#8221;, &#8220;forecast&#8221;, &#8220;project&#8221;, &#8220;target&#8221;, \u201cwill\u201d and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the Company&#8217;s intentions, beliefs, or current expectations. Forward-looking statements involve inherent known and unknown risks, uncertainties, and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance, or achievements of the Company to be materially different from those expressed or implied by such forward looking statements. These risks, uncertainties and assumptions include, but are not limited to the risks, uncertainties and assumptions set forth in the Company\u2019s filings with the U.S. Securities and Exchange Commission (\u201cSEC\u201d), which are accessible on the SEC\u2019s website at www.sec.gov and on the Company\u2019s website at ir.sonomotors.com. Many of these risks and uncertainties relate to factors that are beyond the Company&#8217;s ability to control or estimate precisely, such as the actions of regulators and other factors. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the Company assumes no obligation to update any such forward-looking statements.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgwNTQ2NSM0MDE1MzAwNTEjMjIwODExMg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/NzVhYWI3NGUtNzYxYy00MmY4LTgyMjUtYjg4MGQxYjNkMzFmLTEyMTk2NjU=\/tiny\/Sono-Group-N-V-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On 24 February 2023 Sono Group N.V. Committed to Focus Exclusively on Solar Business for B2B Customers, And Terminated the Sion Passenger Car Program Against This Background, Members of Its Supervisory Board Have Resigned MUNICH, Germany, April 21, 2023 (GLOBE NEWSWIRE) &#8212; On 24 February 2023, Sono Group N.V. (NASDAQ: SEV) (\u201cSono Motors\u201d or the \u201cCompany\u201d) announced its commitment to\u00a0change its business model to focus exclusively on its solar business for B2B customers and to terminate the Sion passenger car program. This has led to a shift in the Company\u2019s business\u00a0model and operations away from its supervisory board members\u2019 strong expertise in the areas of automotive, digitalization, and Community-focus. Against this background four members of the Company\u2019s supervisory board, Chair &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Following Pivot to a Pure Solar Tech Company, Members of Sono Group N.V.\u2019s Supervisory Board Resign&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-750107","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Following Pivot to a Pure Solar Tech Company, Members of Sono Group N.V.\u2019s Supervisory Board Resign - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Following Pivot to a Pure Solar Tech Company, Members of Sono Group N.V.\u2019s Supervisory Board Resign - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"On 24 February 2023 Sono Group N.V. Committed to Focus Exclusively on Solar Business for B2B Customers, And Terminated the Sion Passenger Car Program Against This Background, Members of Its Supervisory Board Have Resigned MUNICH, Germany, April 21, 2023 (GLOBE NEWSWIRE) &#8212; On 24 February 2023, Sono Group N.V. (NASDAQ: SEV) (\u201cSono Motors\u201d or the \u201cCompany\u201d) announced its commitment to\u00a0change its business model to focus exclusively on its solar business for B2B customers and to terminate the Sion passenger car program. This has led to a shift in the Company\u2019s business\u00a0model and operations away from its supervisory board members\u2019 strong expertise in the areas of automotive, digitalization, and Community-focus. 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Committed to Focus Exclusively on Solar Business for B2B Customers, And Terminated the Sion Passenger Car Program Against This Background, Members of Its Supervisory Board Have Resigned MUNICH, Germany, April 21, 2023 (GLOBE NEWSWIRE) &#8212; On 24 February 2023, Sono Group N.V. (NASDAQ: SEV) (\u201cSono Motors\u201d or the \u201cCompany\u201d) announced its commitment to\u00a0change its business model to focus exclusively on its solar business for B2B customers and to terminate the Sion passenger car program. This has led to a shift in the Company\u2019s business\u00a0model and operations away from its supervisory board members\u2019 strong expertise in the areas of automotive, digitalization, and Community-focus. Against this background four members of the Company\u2019s supervisory board, Chair &hellip; Continue reading \"Following Pivot to a Pure Solar Tech Company, Members of Sono Group N.V.\u2019s Supervisory Board Resign\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/","og_site_name":"Market Newsdesk","article_published_time":"2023-04-21T20:48:04+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgwNTQ2NSM0MDE1MzAwNTEjMjIwODExMg==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Following Pivot to a Pure Solar Tech Company, Members of Sono Group N.V.\u2019s Supervisory Board Resign","datePublished":"2023-04-21T20:48:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/"},"wordCount":667,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgwNTQ2NSM0MDE1MzAwNTEjMjIwODExMg==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/following-pivot-to-a-pure-solar-tech-company-members-of-sono-group-n-v-s-supervisory-board-resign\/","name":"Following Pivot to a Pure Solar Tech Company, Members of Sono Group N.V.\u2019s Supervisory Board Resign - 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