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    CT4   DE000A2NB551

FOX E-MOBILITY AG

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Fox e mobility : introduces highly integrated mini construction kit for the upcoming MIA - the ,skateboard'

08/23/2021 | 01:31am EST

DGAP-News: fox e-mobility AG / Key word(s): Product Launch
fox e-mobility introduces highly integrated mini construction kit for the upcoming MIA - the ,skateboard'

23.08.2021 / 07:30
The issuer is solely responsible for the content of this announcement.


European e-manufacturer with new platform for small car segment

fox e-mobility introduces highly integrated mini construction kit for the upcoming MIA - the ,skateboard'
 

  • Integration of central elements of leading e-technologies in one floor platform
  • Intelligent floor assembly with functions for autonomous driving, various drive technologies and model variants
  • High cost efficiency through modularity, mass production, material selection and high application flexibility
  • Proven and tested modular concept ensures efficient and fast market access
  • 'Skateboard' as another important step on the way to the market launch of the new MIA family of electric cars in Europe

Munich, 23 August 2021. fox e-mobility AG (ISIN: DE000A2NB551), a European electric vehicle company that specializes in the production, marketing, and further development of compact electric cars in the lower price segment, presents the new platform concept for the entire family of their battery-powered micro-vans. By integrating all the important technologies of modern electric cars, the upcoming MIA now has an innovative and efficient new kit.

The concept called 'Skateboard' is based on a robust, crash-proof and recyclable substructure, which is mainly made of steel. It is designed to integrate all the performance and intelligence of a competitive electric car. The substructure itself is flexible usable for different wheelbases and ground clearances, but the central seating position of the driver is always the same. Further advantages are the simple production method in large numbers, the inexpensive repair strategy, and the integration options for standard parts. The platform allows several derivatives of the MIA product family such as shorter or longer models for three or four passengers or small delivery vans for urban centers with a volume of 1500 liters. This enables fox to achieve a high level of cost efficiency.

The installation options for the battery (a second battery can be installed or retrofitted) and the drive unit on the rear axle with an output of approx. 40 to over 100 kW are based on the principle of modularity. A front motor with 30 kW output can also be installed. The platform is open to technology and prepared for the installation of a fuel cell.

In the field of intelligent technology, the skateboard has its own software ecosystem that can be updated online ('over the air') and communicate with other services. It already has level 2+ for autonomous driving. Levels 3 and 4 are prepared in the architecture.

Dr. Christian Jung, CTO of fox e-mobility explains: 'With the new skateboard, we have an innovative modular concept that competes excellently in terms of costs, performance, technology and market flexibility. It is another significant step on our consistent path to the planned market launch of the MIA in 2023.'

About fox e-mobility AG
fox e-mobility AG is a European electric vehicle company that specializes in the production, marketing, and further development of compact electric cars in the lower price segment for both, individual passenger transport as well as logistical applications. The new MIA model is to be manufactured in Europe in cooperation with well-known suppliers to the electrical and automotive industries. The management team consists of seasoned managers and engineers from the world's largest automotive groups who have in-depth expertise and a comprehensive network for electro-mobility.

For more information, please visit http://www.fox-em.com.

contact fox e-mobility AG
ir@fox-em.com

press contacts:
Dr. Walter Glogauer
Glogauer & Company Communications
Phone +49 171-614 54 94
Email w.glogauer@glogauer.de

Jan Hutterer
Kirchhoff Consult AG
Phone +49 40 60 91 86 65
Email fox@kirchhoff.de



23.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: fox e-mobility AG
Herzogspitalstraße 24
80331 München
Germany
Internet: www.fox-em.com
ISIN: DE000A2NB551
WKN: A2NB55
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg
EQS News ID: 1228017

 
End of News DGAP News Service

1228017  23.08.2021 

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Managers and Directors
Philippe Perret Chief Executive Officer
Ulrich Hoernke Chief Financial Officer
Stefan Hiestand Chairman-Supervisory Board
Christian Jung Chief Technology Officer
Russell Pfeiffer Vice Chairman-Supervisory Board
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