German Electric Vehicle (EV) manufacturer, e.GO Mobile, successfully closes Series B funding round
AsiaNet 88247
AACHEN, Germany, Feb. 25, 2021/PRNewswire=KYODO JBN/ --
- Start of Production for the e.GO Life scheduled for June 2021
- Focus on its disruptive Internet of Production to drive decentralized
international growth
nd Industrial Investments B.V., part of international private equity
company nd Group B.V. and majority shareholder of Next.e.GO Mobile SE, has
successfully closed a Series B equity funding round of more than EUR 30 Million
for Next.e.GO Mobile SE, enabling start of production in its German factory and
supporting Company's growth agenda.
The round attracted renowned international investors from all around the
globe, including Moore Strategic Ventures (MSV), the privately held investment
company for Louis M. Bacon, founder & CEO of Moore Capital Management, LP; John
Snow, Previous U.S. Secretary of Treasury; Alejandro Agag, the founder and
Chairman of Formula E and a pioneer in EV racing as well as Edward Norton – a
three-time Academy award nominated actor, writer, director and co-founder of
multiple technology companies such as CrowdRise and EDO.
Having served as the UN Ambassador for Biodiversity for over 10 years and a
long-time advocate for decarbonisation and environmental sustainability, Mr.
Norton is one of the great brand ambassadors for e.GO in its mission to
transform and reimagine the urban mobility.
With its four-seater passenger car, e.GO Life, and its disruptive
production platform, Next.e.GO Mobile SE offers one of the most sustainable
electric cars.
"We are very pleased with the success of the Series B funding and more so
with the quality and impact of our great investors, who have joined the
Next.e.GO journey in driving the transformation of carbon-free urban mobility
and offering true life-cycle sustainability" says Ali Vezvaei, CEO of nd Group
B.V. and Member of the Board of Directors at Next.e.GO Mobile SE.
The production of the e.GO Life at Plant 1 in Aachen, Germany, is scheduled
for June 2021, making Next.e.GO one of the only Western independent BEV
manufacturers that commences production this year. In parallel, the company is
working closely with suppliers of electronics and plastic components to ensure
timely progress on all fronts. Employees will be gradually brought out of
short-time working. Production will initially focus on a special limited
edition e.GO Life NEXT, celebrating this major milestone in the company's
journey. Only available to the first 1,000 customers, the limited edition is
priced at € 22.990 including VAT, after manufacturer's environmental bonus.
"We are very grateful for the continued enthusiasm, commitment and patience
of our customers and fans and are equally happy to finally be able to accept
their orders" says Professor Günther Schuh, founder and Chairman of the
Administrative Board at Next.e.GO Mobile SE.
The special edition e.GO Life NEXT will be delivered to customers as early
as July 2021 onwards.
Copyright ® - Next.e.GO Mobile SE
Next.e.GO Mobile SE
Next.e.GO Mobile SE, headquartered in Aachen, is a manufacturer of electric
vehicles and sustainable mobility systems. On the RWTH Aachen Campus, 400
employees of Next.e.GO Mobile SE use the unique network of science and business
with 420 technology companies as well as a comprehensive research
infrastructure. Agile teams are working on various cost-effective and
particularly durable electric vehicles for short-distance traffic.
ND Group B.V.
nd Group B.V. is a Private Equity and Holding company, headquartered in the
Netherlands. Founded in 2008, the firm is primarily focused on EV, Alternative
Energy, Fintech, HealthTech, Industrial assets and real estate.
Contact:
Next.e.GO Mobile SE
Public Relations
Campus-Boulevard 30
52074 Aachen
T +49 241 47574-227
presse@e-go-mobile.com
ND Group B.V.
Public Relations
Flight Forum 880
5657 DV Eindhoven,
The Netherlands
Phone: +31 40 30 40 50 1
press@nd.net
Photo: https://mma.prnewswire.com/media/1444706/e_GO_Life_Next.jpg
Source: Next.e.GO Mobile SE
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