PR94024

AACHEN, Germany, Jan. 12, 2022 /PRNewswire=KYODO JBN/ --

- Solution will be accessible via e.GO Connect App or website enabling e.GO

customers to trade their CO2 certificate (GHG quota).

- e.GO Life customers can get a monetary benefit of up to EUR 300 Euros per

year.

- e.GO Mobile selected Fairnergy as the first official partner.

- e.GO Mobile will use the monetary credit from trading CO2 certificate of its

existing company fleet to support sustainable projects.

Next.e.GO Mobile SE, the independent German manufacturer of innovative and

sustainable urban electric vehicles, announced today that it will enable its

customers to trade their GHG quota (CO2 certificates). Together with the

partner, Fairnergy, e.GO Mobile offers simple and fast processing of the sale

of the GHG quota via its e.GO Connect app or Website. e.GO Life owners can

currently get up to 300 Euros per year from the sale of their GHG quota. The

benefits from the sale of certificates are credited to the customer. In

addition, e.GO together with Fairnergy offer the customers the opportunity to

use all or part of this credit, directly via the platform, to support selected

sustainable projects and with that making a true and lasting contribution to an

emission free energy transition.

Photo - https://mma.prnewswire.com/media/1724464/ghg.jpg

Several directives and initiatives have been focused on addressing emissions

reduction objectives across the continent by promoting a cost-effective and

economically efficient solutions. EU ETS

(https://climatepolicyinfohub.eu/glossary/4.html#EU_ETS )has been the world's

first installation-level 'cap-and-trade' system for cutting greenhouse gas

(GHG) (https://climatepolicyinfohub.eu/glossary/4.html#GHG ) emissions. EU

Renewable Energy Directive (RED II) was introduced to address GHG reduction

targets. And Germany's National ETS (nETS) regulatory framework that came into

effect in 2021 aimed at complementing the EU ETS paving the way for the

greenhouse gas reduction quota (GHG quota) that are legally assigned to a pure

battery electric vehicle could be traded and sold.

To simplify the process and enable the customers benefit from buying and using

e.GO Life - our pure battery electric vehicle - e.GO Mobile has joined forces

with Fairnergy and become the first independent battery electric vehicle

manufacturer to offer its customers in Germany an integrated, digital and

seamless solution.

"Leveraging our disruptive technology and innovation to drive emission-free

urban mobility has been our north star. Including our customers in this journey

and enabling them to benefit from their responsible choice, having opted for

one of the most sustainable urban BEVs, is something that we also take very

seriously at e.GO. By becoming the first independent BEV that offers its

customers GHG quota trading, we are taking another important step towards

making electro mobility even more attractive. Together with our truly

sustainable partner we make the process as seamless and efficient as possible

for our customers," said Ali Vezvaei, Chairman of the Board at Next.e.GO Mobile

SE.

Next.e.GO Mobile will donate the monetary benefit from the GHG quota trade of

company's existing fleet, to support sustainable projects.

SOURCE Next.e.GO Mobile SE