PR94331

DUREN, Germany, Jan. 31, 2022 /PRNewswire=KYODO JBN/ --

New leadership begins manufacturing StreetScooter Engineering vehicles

Odin Automotive S.a r.l., an automotive holding company led by global

automotive experts, today announced the official start of production for the

first StreetScooter Engineering (StSE) vehicles under the new management team.

The vehicles are being manufactured on StSE's existing line in Düren, Germany,

and will be delivered to former owner Deutsche Post DHL Group (DPDHL),

beginning the fulfillment of their order for 3,500 vehicles to continue

electrifying their postal delivery fleet.

Photo -

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This announcement follows just three weeks after Odin officially acquired

StSE's existing IP, production lines, and subsidiaries in Switzerland and

Japan. Concurrently to the acquisition, DPDHL also placed an additional minimum

order of 3,500 StSE vehicles and retained a 10% investment stake in the venture.

Odin's EVP of Operations John Burton, who in his more than 50 years of

manufacturing experience has served as Executive Director for General Motors,

deploying their manufacturing system in 12 plants across Europe and personally

managing plants in the UK, Germany and Poland, and as both a Vice President for

Fiat-Chrysler and General Manager of FCA's joint venture with GAC in China,

oversaw the setup and reorganization of manufacturing operations under the new

owners.

"We are incredibly proud to announce this step for our new venture and the

tireless team behind it," said Burton. "We knew that the operational maturity

of StreetScooter Engineering provided a huge first-mover advantage to us from

the beginning, and today is proof that we meant it when we said we intend to

capitalize on that advantage."

About Odin Automotive S.a r.l.

Odin Automotive is an automotive holding company with employees working

together across Europe, Asia, and North America to transform last mile

transportation of people and goods to zero emissions. Odin is led by

experienced leaders who have been at the forefront of the automotive industry

for the last 30 years. After pioneering change in large car and logistics

companies, as well as EV start-ups and tech, they're more than ready for the

challenge of solving the electrification equation for commercial fleets.  For

more information, check us out on our website at www.odinev.com.

Media Contact:

Veronica Grigoriou

press@odinev.com

SOURCE Odin Automotive