Sono Group NV (Sono Group NV) Construction In Progress : $0.00 Mil (As of Jun. 2023)

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What is Sono Group NV Construction In Progress?

Sono Group NV's quarterly construction in progress increased from Sep. 2022 ($0.00 Mil) to Dec. 2022 ($41.07 Mil) but then declined from Dec. 2022 ($41.07 Mil) to Jun. 2023 ($0.00 Mil).

Sono Group NV's annual construction in progress declined from Dec. 2020 ($2.39 Mil) to Dec. 2021 ($0.80 Mil) but then increased from Dec. 2021 ($0.80 Mil) to Dec. 2022 ($41.07 Mil).

Sono Group NV Construction In Progress Historical Data

The historical data trend for Sono Group NV's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sono Group NV Construction In Progress Chart

Sono Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

2.39

0.80

41.07

Sono Group NV Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Construction In Progress	Get a 7-Day Free Trial							-	-	-	41.07	-

Sono Group NV Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Sono Group NV (Sono Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sono Group NV (OTCPK:SEVCF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Waldmeisterstrasse 76, Munich, DEU, 80935

Website

https://www.sonomotors.com

Sono Group NV is engaged in the field of solar-powered electric mobility. With its proprietary solar technology, the company is able to integrate solar panels into a vehicle's bodywork, using energy captured from the sun to charge the vehicle's battery. The group is engaged in the design and development of its own first solar electric vehicle, the Sion. The company is also involved in process of integrating its solar technology with other manufacturers for different use cases, such as buses, trucks, camper vans, trains, and even boats, to accelerate the transition towards sustainable transportation.