Development Update on Inzile’s new EVI Multipurpose Platform

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Inzile’s multipurpose platform (EVI) revolutionizes the way we ship and produce electric vehicles. All essential technology is embedded in the platform, which has a significant impact on the possible customization of vehicles. Inzile can now proudly present the first images of our new vehicle designed for Hotels & Resorts. We have now reached the final development phase and, going forward, we will continuously inform about the major steps we take.

Inzile will offer three different types of configurations for the Hotels & Resort market:

Passenger transportation, Cargo and Green Landscaping.

Inzile’s flat package concept for transport, process for assembly and service of vehicles at local assembly sites, is optimized for scaling and delivery of a high-quality services to customers across the world.

For further information, please contact:

Juan Carlos Del Rio, CEO Inzile, jcr@inzile.com, +46 76 138 48 82

Peter Wergens, CFO Inzile, peter.wergens@inzile.com, +46 73 325 75 04

About Inzile

Inzile is a Swedish tech company manufacturing intelligent electrically powered vehicles as well as creating modern transport and service solutions for a sustainable community. The company’s vision is to liberate the world from emission of fossil fuels and to accelerate the climate efforts by contributing to sustainable cities that improve quality of life.

Inzile was founded in 2012 based on a strong will to secure a future climate friendly utility vehicle sector. The team consists of some of Scandinavia’s foremost authorities related to electrical vehicles, digitalization, manufacturing and purchasing. Inzile develops, produces, and sells innovative vehicle solutions on the global market based on the demanding Nordic climate, security requirements and environmental standards. The company is based in Sweden with head office in Stockholm, sales offices in Stockholm and in Palma, Spain, production in Västervik and R&D in Tranås, Sweden.

The Company's share is traded on Nasdaq First North Growth Market Stockholm.

Redeye AB is the Company’s Certified Adviser.

For further information, please visit: www.inzile.com

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