SEV

Reports Q2 2026 GAAP Net Loss of $10.9 Million and First Half 2026 GAAP Net Loss of $21.1 Million Calculates Q2 2026 Adjusted Net Loss of $7.2 Million and First Half 2026 Adjusted Net Loss of $13.4 Million (Non-GAAP) Ended Quarter with $10.1 Million in Cash and Cash Equivalents; Raised an Additional $6.0 Million in Gross Proceeds Subsequent to Quarter-End in a Warrant Inducement Transaction Received EPA Certificate of Conformity for the 2026 Launch Edition and Ordered Bodies and Chassis for the First 40 Production Vehicles Subsequent to Quarter-End Raised Approximately $24.6 Million in Gross Capital Year-to-Date Through Public Offering, Warrant Inducements and Equity Line of Credit CARLSBAD, Calif., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (NASDAQ: SEV) ("Aptera" or the "Company"), a solar mobility company advancing ultra-efficient transportation, today reported its financial results for the second quarter and six months ended June 30, 2026. "The second quarter marked a meaningful operational inflection as we placed orders for important components of our first 40 production vehicles and continued to advance the validation vehicle program that will support the transition to low-volume production. We remained disciplined on the administrative side of the business — reducing general and administrative expense year-over-year — while materially stepping up our investment in engineering, vehicle validation, and production readiness. Every incremental dollar of cash is going into the building blocks that move Aptera closer to its first customer deliveries," said Chris Anthony, Co-CEO of Aptera. Second Quarter and First Half 2026 Financial Highlights (In thousands, except per share data) *See "Use of Non-GAAP Financial Measures" and reconciliation table below. Business Update On June 18, 2026, the Company received a Certificate of Conformity from the U.S. Environmental Protection Agency for its 2026 Launch Edition, satisfying one of the two primary federal certifications required to legally sell the vehicle in the United States. The Company publicly announced this milestone on July 7, 2026. Subsequent to quarter-end, on July 14, 2026, the Company announced a partnership with RepairPal, the largest trusted network of certified auto repair shops in the United States, to establish nationwide service coverage for future Aptera owners. On August 4, 2026, the Company issued purchase orders for the bodies and chassis for its first 40 production vehicles, marking a significant step in the transition from validation to production. As of the date of this release, the Company had approximately 50,000 reservation holders for its first vehicle. Liquidity As of June 30, 2026, the Company had $10.1 million in cash and cash equivalents and continues to maintain access to its equity line of credit (ELOC), subject to customary conditions. Subsequent to quarter end, the Company raised approximately $6.0 million in gross proceeds in a warrant inducement transaction. The Company estimates that an additional $40 million to $45 million is required to fund the initial low-volume production phase. Additional details regarding the Company’s going concern assessment are provided in the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. During 2026 through the date of this release, the Company raised approximately $24.6 million in aggregate gross proceeds — $9.0 million from a follow-on public offering, $14.1 million from warrant inducements and other exercises, and $1.5 million from sales under the ELOC. Use of Non-GAAP Financial Measures This press release includes Adjusted Net Loss and Adjusted Net Loss Per Share, which are non-GAAP financial measures. We define Adjusted Net Loss as GAAP net loss, excluding (i) non-cash stock-based compensation expense and (ii) the litigation settlement charge related to the Company's previously disclosed litigation with Zaptera USA, Inc., which was settled and dismissed with prejudice in April 2026. We believe that these non-GAAP measures, when viewed in conjunction with our GAAP results, provide a more complete understanding of our core operating performance and trends, as these adjustments remove non-cash expenses and a discrete, non-recurring charge related to a legacy matter that does not reflect our ongoing operations. These non-GAAP measures are presented in addition to, and not as a substitute for, GAAP results. Non-GAAP measures have material limitations and may not be comparable to similarly titled measures of other companies. We encourage investors to review these measures together with our GAAP results and the reconciliations provided. (Unaudited) Reconciliation of GAAP Net Loss to Non-GAAP Adjusted Net Loss (In thousands, except share amounts) About Aptera Motors Corp. Aptera Motors Corp. (Nasdaq: SEV) is a solar mobility company driven by a mission to advance the future of efficient transportation. Its flagship vehicle is conceived to be a paradigm-shifting solar electric vehicle that leverages breakthroughs in aerodynamics, material science, and solar technology to pursue new levels of efficiency. As a public benefit corporation, Aptera is committed to building a sustainable business that positively impacts its stakeholders and the environment. Aptera is headquartered in Carlsbad, California. For more information, please visit www.aptera.us. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our plans and expectations for validation builds, the expansion of our validation fleet and testing program, timing of component deliveries, anticipated commencement of assembly, future production, manufacturing and assembly scale-up, our expected capital needs and financing plans, the potential exercise of outstanding warrants, our ability to access and utilize our equity line of credit, our path to low-volume production, the timing and scope of customer deliveries, and our overall business strategy and outlook. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," "shall," "continue," "advancing," "scaling" and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Aptera's control. These risks include, among others, supply chain delays and disruptions; our ability to hire key personnel; the possibility that reservations may be cancelled or otherwise not result in binding purchase orders; the feasibility and timing of scaling our manufacturing processes; the availability and timing of required capital, and market conditions affecting financing; regulatory approvals and compliance; our ability to continue as a going concern absent additional financing; our ability to access capital under our equity line of credit and other sources on acceptable terms and timing; our dependence on successful validation builds and timely component deliveries to achieve any production milestones; the previously disclosed material weaknesses in our internal control over financial reporting and the timing and cost of remediation; the ongoing SEC investigation; and other risks described in our Annual Report on Form 10-K for the year ended December 31, 2025, our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent Aptera's views as of the date of this press release. Aptera anticipates that subsequent events and developments will cause its views to change. Aptera undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Aptera's views as of any date subsequent to the date of this press release. Contacts Investor Relations:Aptera Motors [email protected] Media Contact:[email protected]

Reports Q1 2026 GAAP Net Loss of $10.2 Million Calculates Q1 2026 Adjusted Net Loss of $6.2 Million (Non-GAAP) Secured $17.1 Million in New Capital and Ended Quarter with $17.7 Million in Cash and Cash Equivalents Drove First Five Validation Vehicles Off the Low-Volume Validation Assembly Line in Carlsbad Grew Total Active Headcount Approximately 54% Year-over-Year to 57 Employees, Reflecting Continued Engineering Build-Out Resolved Zaptera Litigation, Dismissing All Claims with Prejudice CARLSBAD, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (NASDAQ: SEV) (“Aptera” or the “Company”), a solar mobility company advancing ultra-efficient transportation, today reported its financial results for the first quarter ended March 31, 2026. “The first quarter of 2026 reflected the disciplined execution and steady operational progress that have defined our journey toward production,” said Chris Anthony, Co-CEO of Aptera. “We strengthened our balance sheet with over $17 million in new capital, scaled our engineering organization, and resolved legacy litigation. Each dollar of liquidity continues to be deployed directly into the procurement of critical long-lead components, safety testing, and final engineering — the building blocks that move Aptera closer to its first customer deliveries.” First Quarter 2026 Financial Highlights (In thousands, except per share data) *See “Use of Non-GAAP Financial Measures” and reconciliation table below. Business Update Subsequent to quarter-end, the Company drove the first five validation vehicles off its low-volume validation assembly line in Carlsbad, as detailed in the Company’s announcement of May 12, 2026. During the first quarter of 2026, the Company strategically deployed capital toward the procurement of critical long-lead components, materials, and supplies necessary to advance vehicle validation and production readiness. The Company also continued to scale its organization in support of the production-readiness program, growing total active headcount to 57 employees as of March 31, 2026, from 37 employees as of March 31, 2025, an increase of approximately 54%. The Engineering organization accounted for the substantial majority of net additions, including a tripling of hourly Engineering roles supporting hands-on vehicle build and assembly activities. As of March 31, 2026, the Company had approximately 49,000 reservation holders for its first vehicle. Liquidity During the first quarter of 2026, the Company raised approximately $17.1 million in gross proceeds from a follow-on public offering and warrant exercises. The Company also maintains access to its equity line of credit (ELOC), subject to customary conditions. As of March 31, 2026, the Company had $17.7 million in cash and cash equivalents. Additional details regarding the Company’s first-quarter financing activities are provided in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. In April 2026, the Company resolved its previously disclosed litigation with Zaptera USA, Inc. through a non-cash settlement valued at approximately $0.6 million. All related claims were dismissed with prejudice. Additional information regarding the settlement is included in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. Use of Non-GAAP Financial Measures This press release includes Adjusted Net Loss and Adjusted Net Loss Per Share, which are non-GAAP financial measures. We define Adjusted Net Loss as GAAP net loss, excluding (i) non-cash stock-based compensation expense and (ii) the litigation settlement charge related to the Company’s previously disclosed litigation with Zaptera USA, Inc., which was settled and dismissed with prejudice in April 2026. We believe that these non-GAAP measures, when viewed in conjunction with our GAAP results, provide a more complete understanding of our core operating performance and trends, as these adjustments remove non-cash expenses and a discrete, non-recurring charge related to a legacy matter that does not reflect our ongoing operations. These non-GAAP measures are presented in addition to, and not as a substitute for, GAAP results. Non-GAAP measures have material limitations and may not be comparable to similarly titled measures of other companies. We encourage investors to review these measures together with our GAAP results and the reconciliations provided. (Unaudited) Reconciliation of GAAP Net Loss to Non-GAAP Adjusted Net Loss (In thousands, except share amounts) About Aptera Motors Corp. Aptera Motors Corp. (Nasdaq: SEV) is a solar mobility company driven by a mission to advance the future of efficient transportation. Its flagship vehicle is conceived to be a paradigm-shifting solar electric vehicle that leverages breakthroughs in aerodynamics, material science, and solar technology to pursue new levels of efficiency. As a public benefit corporation, Aptera is committed to building a sustainable business that positively impacts its stakeholders and the environment. Aptera is headquartered in Carlsbad, California. For more information, please visit www.aptera.us. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our plans and expectations for validation builds, the expansion of our validation fleet and testing program, timing of component deliveries, anticipated commencement of assembly, future production, manufacturing and assembly scale-up, our expected capital needs and financing plans, the potential exercise of outstanding warrants, our ability to access and utilize our equity line of credit, our path to low-volume production, the timing and scope of customer deliveries, and our overall business strategy and outlook. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall,” “continue,” “advancing,” “scaling” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Aptera’s control. These risks include, among others, supply chain delays and disruptions; our ability to hire key personnel; the feasibility and timing of scaling our manufacturing processes; the availability and timing of required capital, and market conditions affecting financing; regulatory approvals and compliance; our ability to continue as a going concern absent additional financing; our ability to access capital under our equity line of credit and other sources on acceptable terms and timing; our dependence on successful validation builds and timely component deliveries to achieve any production milestones; the previously disclosed material weaknesses in our internal control over financial reporting and the timing and cost of remediation; the ongoing SEC investigation; and other risks described in our Annual Report on Form 10-K for the year ended December 31, 2025, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent Aptera’s views as of the date of this press release. Aptera anticipates that subsequent events and developments will cause its views to change. Aptera undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Aptera’s views as of any date subsequent to the date of this press release. Contacts Investor Relations: Aptera Motors Corp. [email protected] Media Contact: [email protected]

Reports Q4 2025 GAAP Net Loss of $15.5 Million and Full Year Net Loss of $43.9 Million Calculates Q4 2025 Adjusted Net Loss of $8.7 Million (Non-GAAP) and Full Year Adjusted Net Loss of $18.5 Million (Non-GAAP) Recognized $4.2 Million in Other Income for the Full Year, primarily from California Energy Commission Grant Ended Year with $9.6 Million in Cash and Cash Equivalents CARLSBAD, Calif., March 30, 2026 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (NASDAQ: SEV) (“Aptera” or the “Company”), a solar mobility company advancing ultra-efficient transportation, today reported its financial results for the fourth quarter and full year ended December 31, 2025. “Our fourth quarter capped a transformative year for Aptera as we transitioned to a publicly traded company and began standing up our validation assembly line,” said Chris Anthony, Co-CEO of Aptera. “We are laser-focused on completing our durability testing and leveraging the $17.1 million in new capital raised in early 2026 to lock in long-lead components, as we work toward our target of getting Aptera on the road. Our goal remains simple: ensure we have the resources and manufacturing foundation to execute on our phased path to low-volume production.” Fourth Quarter and Full Year 2025 Financial Highlights (In thousands, except per share data) *See “Use of Non-GAAP Financial Measures” and reconciliation table below. Business Update and Liquidity The Company’s operational focus remains on the build-out of its validation assembly line and the assembly of its validation fleet using production-intent parts. As of December 31, 2025, the Company had $9.6 million in cash and cash equivalents. The Company’s Annual Report on Form 10-K for the year ended December 31, 2025, provides a detailed update on its liquidity and capital resources. During the first quarter of 2026, the Company successfully raised an aggregate of approximately $17.1 million in gross proceeds, consisting of $9.0 million from a follow-on public offering closed on January 26, 2026, and an additional $8.1 million from subsequent warrant exercises, which included a $6.3 million warrant inducement transaction completed on March 12, 2026. The Company also maintains access to its equity line of credit (ELOC), subject to customary conditions. Additionally, the Company's Carlsbad assembly facility received Foreign-Trade Zone (FTZ) designation in February 2026, and the Company secured a twelve-month lease extension for its primary facility through March 31, 2028. Use of Non-GAAP Financial Measures This press release includes Adjusted Net Loss and Adjusted Net Loss Per Share, which are non-GAAP financial measures. We define Adjusted Net Loss as GAAP net loss, excluding non-cash stock-based compensation expense and public company transition costs. Public company transition costs include legal, accounting, advisory, and other readiness expenses directly related to the Company’s transition to a publicly traded entity. We believe that these non-GAAP measures, when viewed in conjunction with our GAAP results, provide a more complete understanding of our core operating performance and trends, as these adjustments remove non-cash expenses and specific transitional costs that do not reflect our ongoing operations. These non-GAAP measures are presented in addition to, and not as a substitute for, GAAP results. Non-GAAP measures have material limitations and may not be comparable to similarly titled measures of other companies. We encourage investors to review these measures together with our GAAP results and the reconciliations provided. (Unaudited) Reconciliation of GAAP Net Loss to Non-GAAP Adjusted Net Loss (In thousands, except share amounts) About Aptera Motors Corp. Aptera Motors Corp. (Nasdaq: SEV) is a solar mobility company driven by a mission to advance the future of efficient transportation. Its flagship vehicle is conceived to be a paradigm-shifting solar electric vehicle that leverages breakthroughs in aerodynamics, material science, and solar technology to pursue new levels of efficiency. As a public benefit corporation, Aptera is committed to building a sustainable business that positively impacts its stakeholders and the environment. Aptera is headquartered in Carlsbad, California. For more information, please visit www.aptera.us. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our plans and expectations for validation builds, timing of component deliveries, anticipated commencement of assembly, future production, manufacturing scale-up, our expected capital needs and financing plans, our ability to access and utilize our equity line of credit, the anticipated benefits of our facility improvements and Foreign-Trade Zone designation, our path to low-volume production and our overall business strategy and outlook. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Aptera’s control. These risks include, among others, supply chain delays and disruptions; our ability to hire key personnel; the feasibility and timing of scaling our manufacturing processes; the availability and timing of required capital, and market conditions affecting financing; regulatory approvals and compliance; our ability to continue as a going concern absent additional financing; our ability to access capital under our equity line of credit and other sources on acceptable terms and timing; our dependence on successful validation builds and timely component deliveries to achieve any production milestones, and other risks described in our Annual Report on Form 10-K for the year ended December 31, 2025, and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent Aptera’s views as of the date of this press release. Aptera anticipates that subsequent events and developments will cause its views to change. Aptera undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Aptera’s views as of any date subsequent to the date of this press release. Contacts Investor Relations: Aptera Motors Corp. [email protected] Media Contact: [email protected]

Nine month (9M) 2025 net income of €6.6 million primarily driven by fair value adjustments; revenue begins to reflect initial commercialization; continued progress on OEM collaborations MUNICH, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Sono Group N.V. (Nasdaq: SSM) (hereafter referred to as “Sono” or the “Company”, parent company to Sono Motors GmbH, hereafter referred to as “Sono Solar” or “Subsidiary”), the solar technology company, today announced its financial results for the third quarter ended September 30, 2025 and the first nine months of 2025. Q3 & Year-to-Date 2025 Financial Highlights Balance sheet strengthened: Completed the conversion of all outstanding convertible debentures into preferred equity. As a result, shareholders’ equity improved from a deficit of €22.7 million at year-end 2024 to a positive €2.5 million at September 30, 2025, a major milestone that restores financial flexibility and reinforces the Company’s capital position ahead of growth. Revenue: Doubled quarter-over-quarter in Q3 2025, reflecting continued progress along the commercialization roadmap. Profitability: Demonstrated sustained financial discipline with Q3 net loss reduced to €1.4 million from €9.5 million a year earlier. Operating loss held broadly stable at €1.6 million, highlighting effective cost control and operating efficiency as the Company scales commercialization. 9M results: Net income of €6.6 million for the nine months ended September 30, 2025, reflecting non-cash fair value movements; the year-over-year change versus 2024 primarily relates to the non-recurring reconsolidation gain recorded in 2024. Cash: €2.3 million at September 30, 2025 compared to €1.4 million at December 31, 2024. Net cash used in operating activities improved to €5.2 million for 9M 2025 from €13.5 million for 9M 2024 reflecting a 62% improvement from prior period. Business Updates and Outlook Uplisting complete; investor reach expanded. Ordinary shares commenced trading on the Nasdaq Capital Market under “SSM” on September 5, 2025, enhancing visibility and access to global investors. Capital structure simplified; equity base strengthened. Following the conversion of all outstanding convertible debentures into preferred equity, Sono entered Q4 with a positive shareholders’ equity position as of September 30, 2025 with significant balance sheet flexibility compared to prior period. OEM traction and commercialization progress. The Company advanced key OEM collaborations, including disclosed programs with MAN Truck & Bus and Mitsubishi Heavy Industries Thermal Transport Europe GmbH, targeting solar integration in buses, trucks, and refrigerated trailers. Q3 included initial revenues recognized and ~€0.25 million in government grants supporting development and deployment. Rebranding aligned to strategy. The operating subsidiary adopted the Sono Solar brand, underscoring the Company’s focus on solar mobility integrations for commercial vehicles. George O’Leary, Managing Director, said: “Q3 was an execution quarter: we uplisted to Nasdaq, simplified the capital structure, and began converting pipeline into revenue. With a tighter operating focus and a sharper brand, we worked on OEM partnerships and high-impact use cases to put solar on every commercial vehicle.” Kevin McGurn, Chief Executive Officer, stated: “With Sono now trading on Nasdaq, our focus turns to strategic growth and disciplined execution. We are actively exploring opportunities that could accelerate scale, including potential M&A, while maintaining a strong emphasis on aligning revenue growth with our cost base.” Sono will continue to prioritize OEM-led commercialization, disciplined cost control, and selective investment in programs with clear customer value. Following the uplisting, management is evaluating funding options to support growth and strengthen liquidity through M&A as commercialization of solar mobility advances slower than expected. The full unaudited quarterly report on Form 10-Q for the period ended September 30, 2025, is available on the Company’s investor relations website at ir.sonomotors.com and filed with the U.S. Securities and Exchange Commission. ABOUT SONO GROUP N.V. Sono Group N.V. (Nasdaq: SSM) and its wholly owned subsidiary Sono Motors GmbH, operating under the brand name Sono Solar, 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 Solar, and their solar solutions, visit sonogroupnv.com and sono-solar.com. Follow us on social media: LinkedIn, Facebook, BlueSky, Truth Social, and X. 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: our ability to comply with the continued listing requirements of the Nasdaq Capital Market, 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 10-K for the year ended December 31, 2024, 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: Press: [email protected] | ir.sonomotors.com/news-events Investors: [email protected] | ir.sonomotors.com LinkedIn: https://www.linkedin.com/company/sonogroupnv FINANCIAL RESULTS (amounts in € thousands, except share and per share data) CONDENSED CONSOLIDATED BALANCE SHEETS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Reports Q3 2025 GAAP Net Loss of $5.5 Million and Nine-Month Net Loss of $28.4 Million Calculates Q3 2025 Adjusted Net Loss of $2.9 Million (Non-GAAP) and Nine-Month Adjusted Net Loss of $10.2 Million (Non-GAAP) Recognized $2.5 Million in Other Income for Q3 and $4.6 Million for Nine Months primarily from California Energy Commission Grant Ended Quarter with $12.0 Million in Cash and Cash Equivalents CARLSBAD, Calif., Nov. 17, 2025 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (NASDAQ: SEV) ("Aptera" or the "Company"), a solar mobility company pioneering ultra-efficient transportation, today reported its financial results for the third quarter ended September 30, 2025. “Our third quarter was focused on disciplined execution as we prepared for our transition to a public company,” said Chris Anthony, Co-CEO of Aptera. “We’ve begun building out our validation line and managed our cash burn, supported by $2.5 million in grant funding from the California Energy Commission. With our subsequent Nasdaq listing and the $75 million equity line of credit now in place, we are focused on the next critical phase: securing the incremental capital needed to fund our validation program and move toward low-volume production.” Third Quarter 2025 Financial Highlights (In thousands, except per share data) *See "Use of Non-GAAP Financial Measures" and reconciliation table below. Business Update and Liquidity The Company’s operational focus remains on the build-out of its validation vehicle assembly line and the assembly of its validation fleet using production-intent parts. As of September 30, 2025, the Company had $12.0 million in cash and cash equivalents. The Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2025, provides a detailed update on its liquidity and capital resources, noting that its cash position as of that date raises substantial doubt about the Company's ability to continue as a going concern. Subsequent to the quarter-end, on October 16, 2025, the Company’s Class B Common Stock commenced trading on the Nasdaq Capital Market. The Company also secured an equity line of credit for up to $75 million (ELOC), providing a mechanism to access capital incrementally. On November 11, 2025, the registration statement (Form S-1) for this facility became effective, making the facility available to the Company, subject to certain market-based conditions. The Form 10-Q filing also notes the Company is continuing to implement its remediation plan for two previously disclosed material weaknesses in internal control over financial reporting and provides updates on the previously disclosed SEC investigation and the Zaptera litigation. Use of Non-GAAP Financial Measures This press release includes Adjusted Net Loss and Adjusted Net Loss Per Share, which are non-GAAP financial measures. We define Adjusted Net Loss as GAAP net loss, excluding non-cash stock-based compensation expense. We believe that these non-GAAP measures, when viewed in conjunction with our GAAP results, provide a more complete understanding of our cash-based operating performance and trends, as stock-based compensation is a non-cash expense that can vary significantly. These non-GAAP measures are presented in addition to, and not as a substitute for, GAAP results. Non-GAAP measures have material limitations and may not be comparable to similarly titled measures of other companies. We encourage investors to review these measures together with our GAAP results and the reconciliations provided. (Unaudited) Reconciliation of GAAP Net Loss to Non-GAAP Adjusted Net Loss (In thousands, except share amounts) About Aptera Motors Corp. Aptera Motors Corp. (Nasdaq: SEV) is a solar mobility company driven by a mission to advance the future of efficient transportation. Its flagship vehicle is conceived to be a paradigm-shifting solar electric vehicle that leverages breakthroughs in aerodynamics, material science, and solar technology to pursue new levels of efficiency. As a public benefit corporation, Aptera is committed to building a sustainable business that positively impacts its stakeholders and the environment. Aptera is headquartered in Carlsbad, California. For more information, please visit www.aptera.us. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not in limited to, statements regarding our plans and expectations for validation builds, timing of component deliveries, anticipated commencement of assembly, future production, manufacturing scale-up and our expected capital needs and financing plans. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms of the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Aptera’s control. These risks include, among others, supply chain delays and disruptions; our ability to hire key personnel; the feasibility and timing of scaling our manufacturing processes; the availability and timing of required capital, and market conditions affecting financing; regulatory approvals and compliance; our ability to continue as a going concern absent additional financing; our ability to access capital under our equity line of credit and other sources on acceptable terms and timing; our dependence on successful validation builds and timely component deliveries to achieve any production milestones and other risks described in our filings with the Securities and Exchange Commission and that may be filed by Aptera from time to time. The forward-looking statements included in this press release represent Aptera’s views as of the date of this press release. Aptera anticipates that subsequent events and developments will cause its views to change. Aptera undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Aptera’s views as of any date subsequent to the date of this press release. Contacts Investor Relations: Aptera Motors Corp. [email protected] Media Contact: [email protected]