Inzile receives additional order from Tier Mobility

Tech company Inzile has received an additional order for four electric trucks, of the model Pro4, from Tier Mobility in Sweden. To date, Inzile has delivered seven vehicles to Tier, the electric scooter company, and during this spring, another seven vehicles will be delivered. As of the summer of 2021, a total of 14 Inzile vehicles will be in operation in Tier Mobility's Swedish operations.

Inzile's electric truck can load about 100 replaceable batteries, move scooters that are misplaced and pick up scooters that need to be repaired. All this is done with one and the same vehicle, which significantly increases efficiency and reduces the number of runs.

 - It is very gratifying that Tier Mobility is satisfied with Inzile's vehicles in its operations and that they are now placing an additional order, says Ragnar Åhgren, CEO of Inzile.

If Inzile's vehicles continue to function well in Tier Mobility’s operations in Sweden, it will open up additional markets where the electric scooter company is active. Tier Mobility operates in more than 80 cities in nine countries. The company's head office is located in Berlin and employs about 500 people.

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:

Ragnar Åhgren, CEO Inzile, ragnar.ahgren@inzile.com, +46 73 356 89 89

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 headquarters and production facility located in Västervik, R&D in Tranås and marketing office 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