January 20, 2020 / 9:44 AM / a month ago

Germany's Sono says has raised 50 million euros for solar powered car

FILE PHOTO: Jona Christians, co-founder of German solar car company Sono Motors sits behind the steering wheel of their prototype car "Sion" in Munich, Germany, August 1, 2018. REUTERS/Andreas Gebert

FRANKFURT (Reuters) - German solar-powered electric car startup Sono Motors said it had raised 50 million euros from a crowd-funding campaign to develop a solar-powered vehicle.

Munich-based Sono has attracted engineers from Nissan (7201.T), Opel and Honda (7267.T) to develop the Sion, an electric car clad in crystalline silicon cells, which give the vehicle up to 30 km (18.6 miles) of electric charge a day.

In a tweet published on Saturday, the company said, “Instead of giving up who we are, we decided to fight for what we believe in. By launching one of the biggest community funding campaigns in Europe. For a world in which every car on the street is electric and shared.”

Reporting by Edward Taylor, editing by Louise Heavens

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