Sono Group N.V. and Merlin Solar Technologies Announce Partnership to Expand Global Solar Solutions
Sono Group N.V. (OTCQB: SEVCF) and Merlin Solar Technologies have announced a strategic partnership through a two-way distribution and co-marketing agreement. Under the partnership, Sono Group will distribute Merlin's solar panels in Europe, while Merlin will include Sono's solar charge controllers and associated products across North and South America.
The collaboration combines Sono Group's expertise in integrated solar technology solutions, including advanced hardware, software, and proprietary charging capabilities, with Merlin's high-efficiency panels and integrated Mobile Power Systems. This partnership aims to deliver comprehensive solar solutions for diverse industries worldwide, with competitive offerings for both companies' customer bases.
The agreement is expected to expand both companies' global market presence and strengthen their product portfolios, supporting sustainability goals and driving solar innovation worldwide.
Sono Group N.V. (OTCQB: SEVCF) e Merlin Solar Technologies hanno annunciato una partnership strategica attraverso un accordo di distribuzione e co-marketing bilaterale. Nell'ambito della partnership, Sono Group distribuirà i pannelli solari di Merlin in Europa, mentre Merlin includerà i controllori di carica solari e i prodotti associati di Sono in Nord e Sud America.
Questa collaborazione unisce l'esperienza di Sono Group nelle soluzioni tecnologiche solari integrate, inclusi hardware avanzati, software e capacità di carica proprietarie, con i pannelli ad alta efficienza di Merlin e i Sistemi di Energia Mobile integrati. Questa partnership mira a fornire soluzioni solari complete per diverse industrie in tutto il mondo, con offerte competitive per le basi di clienti di entrambe le aziende.
L'accordo dovrebbe espandere la presenza globale di entrambe le aziende e rafforzare i loro portafogli di prodotti, supportando gli obiettivi di sostenibilità e promuovendo l'innovazione solare a livello mondiale.
Sono Group N.V. (OTCQB: SEVCF) y Merlin Solar Technologies han anunciado una asociación estratégica a través de un acuerdo de distribución y co-marketing bilateral. En virtud de la asociación, Sono Group distribuirá los paneles solares de Merlin en Europa, mientras que Merlin incluirá los controladores de carga solar y productos asociados de Sono en América del Norte y del Sur.
Esta colaboración combina la experiencia de Sono Group en soluciones tecnológicas solares integradas, incluidos hardware avanzado, software y capacidades de carga patentadas, con los paneles de alta eficiencia de Merlin y los Sistemas de Energía Móvil integrados. Esta asociación tiene como objetivo ofrecer soluciones solares completas para diversas industrias en todo el mundo, con ofertas competitivas para las bases de clientes de ambas empresas.
Se espera que el acuerdo expanda la presencia global de ambas empresas y fortalezca sus carteras de productos, apoyando los objetivos de sostenibilidad y promoviendo la innovación solar a nivel mundial.
소노 그룹 N.V. (OTCQB: SEVCF)와 머린 솔라 테크놀로지스는 양방향 유통 및 공동 마케팅 계약을 통해 전략적 파트너십을 발표했습니다. 이 파트너십에 따라 소노 그룹은 유럽에서 머린의 태양광 패널을 유통하고, 머린은 북미 및 남미 전역에서 소노의 태양광 충전 컨트롤러 및 관련 제품을 포함할 것입니다.
이 협력은 소노 그룹의 고급 하드웨어, 소프트웨어 및 독점 충전 기능을 포함한 통합 태양광 기술 솔루션 전문성과 머린의 고효율 패널 및 통합 모바일 전력 시스템을 결합합니다. 이 파트너십은 전 세계 다양한 산업을 위한 포괄적인 태양광 솔루션을 제공하는 것을 목표로 하며, 두 회사의 고객 기반에 대한 경쟁력 있는 제공을 합니다.
이번 계약은 두 회사의 글로벌 시장 존재감을 확대하고 제품 포트폴리오를 강화하여 지속 가능성 목표를 지원하고 전 세계적으로 태양광 혁신을 촉진할 것으로 예상됩니다.
Sono Group N.V. (OTCQB: SEVCF) et Merlin Solar Technologies ont annoncé un partenariat stratégique par le biais d'un accord de distribution et de co-marketing bilatéral. Dans le cadre de ce partenariat, Sono Group distribuera les panneaux solaires de Merlin en Europe, tandis que Merlin inclura les contrôleurs de charge solaires et les produits associés de Sono en Amérique du Nord et du Sud.
Cette collaboration combine l'expertise de Sono Group en solutions technologiques solaires intégrées, y compris du matériel avancé, des logiciels et des capacités de charge propriétaires, avec les panneaux haute efficacité de Merlin et les Systèmes Énergétiques Mobiles intégrés. Ce partenariat vise à fournir des solutions solaires complètes pour diverses industries dans le monde entier, avec des offres compétitives pour la clientèle des deux entreprises.
Il est prévu que cet accord élargisse la présence mondiale des deux entreprises et renforce leurs portefeuilles de produits, soutenant les objectifs de durabilité et favorisant l'innovation solaire à l'échelle mondiale.
Sono Group N.V. (OTCQB: SEVCF) und Merlin Solar Technologies haben eine strategische Partnerschaft durch eine zweiseitige Vertriebs- und Co-Marketing-Vereinbarung angekündigt. Im Rahmen der Partnerschaft wird Sono Group die Solarpanels von Merlin in Europa vertreiben, während Merlin die Solarladeregler und zugehörigen Produkte von Sono in Nord- und Südamerika einbeziehen wird.
Die Zusammenarbeit kombiniert das Fachwissen von Sono Group in integrierten Solartechnologielösungen, einschließlich fortschrittlicher Hardware, Software und proprietärer Ladefähigkeiten, mit Merlins hocheffizienten Panels und integrierten Mobilen Energiesystemen. Diese Partnerschaft zielt darauf ab, umfassende Solarlösungen für verschiedene Branchen weltweit anzubieten, mit wettbewerbsfähigen Angeboten für die Kundenbasis beider Unternehmen.
Von der Vereinbarung wird erwartet, dass sie die globale Marktpräsenz beider Unternehmen erweitert und ihre Produktportfolios stärkt, um Nachhaltigkeitsziele zu unterstützen und die Solarinnovation weltweit voranzutreiben.
- Geographic market expansion into North and South America
- Enhanced product portfolio through cross-distribution agreement
- Access to new customer bases in multiple regions
- Complementary technology integration potential
- None.
Two-Way Distribution and Co-Marketing Agreement Leverages Complementary Technologies for Enhanced Customer Value and Worldwide Reach
MUNICH, Germany, and SAN JOSE, Calif., March 24, 2025 (GLOBE NEWSWIRE) -- The solar technology company Sono Group N.V. (OTCQB: SEVCF) (hereafter referred to as “Sono Group” or “Sono”, parent company to Sono Motors GmbH or “Sono Motors”) and Merlin Solar Technologies, Inc. (hereafter referred to as “Merlin Solar Technologies” or “Merlin”) today announced the signing of a new partnership between Sono Motors and Merlin, designed to expand each company’s global market presence and strengthen their collective product offerings. Under the terms of the agreement, Sono Group will include Merlin’s solar panels in its product portfolio throughout Europe, while Merlin will include Sono’s proprietary solar charge controllers and associated collaterals as part of Merlin’s suite of Mobile Power Solutions —across North and South America.
By combining Sono Group’s expertise in integrated solar technology solutions - including its advanced hardware, software, and proprietary charging capabilities - with Merlin’s portfolio of high-efficiency panels and integrated Mobile Power Systems, the partnership aims to deliver significant synergies. Together, the companies will offer a comprehensive range of high-performance solar solutions for diverse industries worldwide, with favorable terms designed to ensure competitive offerings for both companies’ respective customer bases.
“Through this landmark agreement, we are merging the strengths of both our organizations to accelerate the adoption of clean and efficient solar technologies,” said George O’Leary, Managing Director and CEO of Sono Group N.V. “Merlin’s forward-thinking approach to solar panel innovation & integrated Mobile Power Systems aligns perfectly with our mission to put solar on every commercial vehicle. We are excited to expand our reach in North and South America and to offer Merlin’s state-of-the-art solar panels to our European customers.”
“This partnership with Sono Group brings together two complementary product lines that offer our customers greater choice, efficiency, and reliability,” said Kendall Combs, CEO of Merlin Solar Technologies, Inc. “Sono’s proprietary solar charge controller sets a new standard for integrated solar solutions, while Merlin’s advanced solar panels & proven Mobile Power Systems are renowned for their durability, high efficiency, and cutting-edge design. By collaborating under one co-marketing agreement, we can more effectively serve customers in multiple regions and continue to pioneer sustainable energy solutions worldwide.”
Through this agreement, both Sono Group and Merlin Solar Technologies anticipate delivering enhanced value to their respective customers, supporting global sustainability goals, and driving the next generation of solar innovation world-wide.
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ABOUT SONO GROUP N.V.
Sono Group N.V. (OTCQB: SEVCF) and its wholly owned subsidiary Sono Motors GmbH are on a pioneering mission to accelerate the revolution of mobility by making every commercial vehicle solar. Our disruptive solar technology has been developed to enable seamless integration into all types of commercial vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility. For more information about Sono Group N.V., Sono Motors, and their solar solutions, visit sonogroupnv.com and sonomotors.com. Follow us on social media: LinkedIn, Facebook, BlueSky, Truth Social, and X.
ABOUT MERLIN SOLAR TECHNOLOGIES, INC.
Merlin Solar Technologies, Inc. is a leading innovator in next-generation solar panel design, engineering, and manufacturing. Based in San Jose, California, Merlin’s patented technology delivers rugged, high-efficiency solar panels and integrated solar solutions designed for a wide range of applications, including transportation, building integration, marine, and off-grid installations. By focusing on durability, reliability, and performance, Merlin Solar is dedicated to advancing the renewable energy industry with solutions that address real-world needs. For more information, visit merlinsolar.com.
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. The words "expect", "anticipate", "intend", "plan", "estimate", "aim", "forecast", "project", "target", “will” and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the intentions, beliefs, or current expectations of the Company and its subsidiary Sono Motors GmbH (together, the “companies”). 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 could cause the companies’ actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks, uncertainties and assumptions with respect to: the Company’s ability to uplist to the Nasdaq Capital Market, including meeting the initial listing requirements; the Company’s ability to satisfy the conditions precedent set forth in its recent securities purchase agreement (“Securities Purchase Agreement”) and exchange agreement (“Exchange Agreement”) entered into with YA II PN, Ltd. (“Yorkville”); the timing of closing the transactions contemplated by the Securities Purchase Agreement and the Exchange Agreement; the impact of the transactions contemplated by the Exchange Agreement and Securities Purchase Agreement on the Company’s operating results; our ability to maintain relationships with creditors, suppliers, service providers, customers, employees and other third parties in light of the performance and credit risks associated with our constrained liquidity position and capital structure; our ability to comply with OTCQB continuing standards; our ability to achieve our stated goals; our strategies, plan, objectives and goals, including, among others, the successful implementation and management of the pivot of our business to exclusively retrofitting and integrating our solar technology onto third party vehicles; our ability to raise the additional funding required beyond the investment from Yorkville to further develop and commercialize our solar technology and business as well as to continue as a going concern. For additional information concerning some of the risks, uncertainties and assumptions that could affect our forward-looking statements, please refer to our filings with the U.S. Securities and Exchange Commission (“SEC”), including our Annual Report on Form 20-F for the year ended December 31, 2023, which are accessible on the SEC’s website at www.sec.gov and on our website at ir.sonomotors.com. Many of these risks and uncertainties relate to factors that are beyond our ability to control or estimate precisely, such as the actions of courts, regulatory authorities 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.
CONTACT SONO GROUP N.V.
Press: press@sonomotors.com | ir.sonomotors.com/news-events
Investors: ir@sonomotors.com | ir.sonomotors.com
LinkedIn: https://www.linkedin.com/company/sonogroupnv
MERLIN SOLAR TECHNOLOGIES, INC.:
LinkedIn:
https://www.linkedin.com/company/merlin-solar/
FAQ
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