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