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Sono Group NV (Sono Group NV) Research & Development : $166.27 Mil (TTM As of Jun. 2023)


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What is Sono Group NV Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Sono Group NV's Research & Development for the three months ended in Jun. 2023 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was $166.27 Mil.

Sono Group NV Research & Development Historical Data

The historical data trend for Sono Group NV's Research & Development 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.

* Premium members only.

Sono Group NV Research & Development Chart

Sono Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
- 5.49 37.07 45.89 167.88

Sono Group NV Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.04 32.14 35.65 73.44 -

Sono Group NV Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $166.27 Mil.

* 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.

Sono Group NV  (OTCPK:SEVCF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Sono Group NV Research & Development Related Terms

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Sono Group NV (Sono Group NV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sono Group NV (OTCPK:SEVCF) » Definitions » Research & Development
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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.