Next.e.GO Mobile SE, the German manufacturer of electric vehicles, announced that its majority shareholder, nd Industrial Investments BV, part of the international private equity firm nd Group BV, has successfully closed a Series C financing round of $ 57 million for the company.
The financing round, in which both existing and new investors participate, enables e.GO to accelerate its efforts to redesign urban electromobility by expanding the production of its e.GO Life platform and promoting the development of additional models and offers customers unique added value such as battery replacement, the statement said.
The financing round also underscores the investors’ trust in the successful development of e.GO and the progress that the company has made on its way to becoming one of the few independent western electric vehicle companies that are actually in production and deliver vehicles to customers.
“We are very pleased with the success of the Series C financing, but above all with the vote of confidence from our investors offers a unique electric vehicle “, says Ali Vezvaei, Chairman of the Board of Directors of Next.e.GO Mobile SE.
Next.e.GO Mobile SE, headquartered in Aachen, is a manufacturer of electric vehicles and sustainable mobility systems. Around 400 employees of Next.e.GO Mobile SE work in agile teams on various inexpensive, particularly durable and sustainable electric vehicles for short-haul traffic.
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