Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, February 25 2021 - 20:06
AsiaNet
German Electric Vehicle (EV) manufacturer, e.GO Mobile, successfully closes Series B funding round
AACHEN, Germany, Feb. 25, 2021/PRNewswire-AsiaNet/ --

- 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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