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The electric vehicle company Inzile initiates international expansion - establishes sales company in Norway

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The electric vehicle company Inzile begins its international expansion by establishing a sales company in Norway, with the purpose of selling Inzile's first product, the electric light truck Pro4.

A salesman specifically focused on the Norwegian market has been recruited and negotiations are underway regarding the employment of a head of the sales company.

- It feels natural that we begin our international expansion with our neighboring country Norway, says Inzile's CEO Ragnar Åhgren. Norway is at the forefront of the use of electric vehicles and we have for a long time experienced a strong demand for our products there, Ragnar Åhgren continues.

- Our first customer and major shareholder Bring is based in Norway and is owned by Norwegian Posten AS, says sales and marketing manager Klas Åhgren. We therefore follow Bring to their home market, which feels like a good base to build on, Klas Åhgren continues.

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 , ragnar.ahgren@inzile.com, +46 73 356 89 89

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 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


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