In light of the Company’s decision to terminate the Sion program, the Company plans the redundancy of approximately 300 employees. In this context, Thomas Hausch has decided to step down from his role as COO but will support the Company’s transition.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SEV:
- Sono Motors Commits to Focus Exclusively On Solar Tech Company, and Has Terminated the Sion Program
- Sono Motors Demonstrates Solar Integration in Initial Sion Crash Test
- TSLA Carries the EV Sector Higher
- Sono Motors extends community campaign until February 28
- Sono Motors Extends the Community Campaign Until 28 February 2023