e.GO Mobile plans to start production at its main plant in Germany in early 2021 after relaunching under the name Next.e.GO Mobile. The Aachen-based electric car manufacturer has also signed an agreement with the Greek government to set up a second series production facility.
As of 1 September, the entire business of e.GO Mobile AG, including all subsidiaries and employees, was transferred to the ownership of Dutch investment group ND Industrial B.V. By taking over the operating assets and the necessary equipment, the Dutch company says it has now created the conditions to resume series production at the beginning of 2021. Next.e.GO Mobile has also been granted its World Manufacturer Identifier (WMI) number so that re-registration as a vehicle manufacturer should take place in the first quarter of 2021.
The successor company will initially focus on manufacturing the e.GO Life. Its homologation has been completed. “The design and features of the e.GO Life, its Industry 4.0 production technology and versatile potential business models perfectly position Next.e.GO Mobile SE to transform urban mobility across Europe and beyond. We are excited about the opportunities ahead,” says CEO Prof. Ulrich Hermann, who followed e.GO founder Günter Schuh into office in September.
In addition, the manufacturer is working on expanding its product range. The company says that new models are in the final stages of development and are to be unveiled at a management press conference in January 2021.
To internationalise production, Next.e.GO Mobile also signed a memorandum of understanding this week to establish a Greek-based joint venture with Enterprise Greece, the investment and trade arm of the Greek state. With the agreement, the manufacturer aims to establish a first production site based on the e.GO Life platform outside Germany. It calls the deal an “important step on the way to e.GO’s international growth,” but has not revealed further details.
Next.e.GO Mobile says it has joined forces with an unnamed “major OEM,” for a CO2 pool, which the company says will secure an important source of revenue for itself as an electric car manufacturer.
The new company not only wants to build electric cars using state-of-the-art production methods but is also to offer sustainable mobility systems and lead the way in the digitalisation trend. Ali Vezvaei, CEO of ND Group, which includes the Dutch investment group ND Industrial, confirmed this with the following statement: “e.GO’s innovative edge is that for the first time in the automotive industry, the customer, the product and production are merged into one digital platform, and the production technology enables capacity ramp-up with unrivalled capital efficiency. This is a revolution that will make electric cars affordable, connected devices and drive customer adoption.”
e-go-mobile.com (in German)
– ADVERTISEMENT –