Inzile increases the production rate for 2021

Inzile will already during the fourth quarter of this year be able to reach a production rate of 1000 vehicles per year. This presumes that required materials and components are in stock. According to the company's original plans, this production rate would not be reached until 2022.

- Our temporary lack of components is frustrating, but the good news is that our production is already able to produce at a rate of 1000 per year, provided that materials and components are in stock. Further it is gratifying that the customers who have received delivery of our vehicles are very satisfied with the opportunities the vehicle provides, i.e. the concept works well, comments Ragnar Åhgren, CEO of Inzile.

- We are responsive to comments from our customers and we have received suggestions for improvements that increase the vehicle's performance. Due to the delayed component deliveries from subcontractors we intend to take the opportunity to introduce some modifications based on customer requirements, concludes Ragnar Åhgren.

Inzile Pro4 is an electric light truck that has been developed with the aim of creating conditions for smart and fossil-free cities. Electric Utility Vehicle (EUV) is a niche segment in the automotive industry that is expected to grow rapidly in the coming years. The customer groups include real estate companies, transport companies and e-retailers that want to eliminate emissions in the cities, as well as municipalities and park administrations.

For further information, please contact:
Peter Wergens, CFO, peter.wergens@inzile.com, +46 73-325 75 04

About Inzile

Inzile is a Swedish tech company creating intelligent electrically powered vehicles as well as modern transport and service solutions for a sustainable community. The company’s vision is to liberate the world from emissions of fossil fuels and to accelerate the climate efforts by contributing to smart 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 the headquarters and production facility located in Västervik, R&D in Tranås and Munkedal as well as a marketing office located in Stockholm.

FNCA Sweden AB is the Company’s Certified Adviser, +46 8-528 00 399, info@fnca.se.

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

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