Why invest in fox e-mobility AG

8 Reasons to Invest in fox e-mobility AG

First listed european battery electric vehicle Pure Play

  • Mass e-mobility through the unique small BEV – MIA 2.0
  • Consumer price for new MIA of just ~ EUR 16.000

*incl. VAT

Attractive risk/reward profile

  • MIA 2.0 build on existing pure EV platform
  • MIA 1.0 with extensive ‘on the road’ track record
  • Short time to market – MIA 2.0 to be on the road by 2023

Management as Major Shareholders

  • Senior Management holds ~ 13% of fox e-mobility AG
  • Family and friends hold ~ 30% of fem
  • Perfect alignment of interest between shareholders and management

Green
Footprint

  • BEV only production enables issuance of C02 credits
  • MIA 2.0 reduces air pollution and metropolitan traffic congestion
  • MIA is >90% recyclable’ (target is 100%)

Focus on shareholder value

  • Management incentive aligned to operating milestones and IRR
  • Limited funding requirements
  • Lean and low cost strategy

Strong Growth
Profile

  • Revenues + >100%
    between 23 ’and 25 ’e
  • Ebitda + >600%
    between 23 ’and 25 ’e

Skilled
Management Team

  • Extensive automotive/
    e-mobility and Finance track record
  • 50+ years experience at various OEMs, e-mobility, renewables and financial institutions

Scalability Through Diversified Revenue Streams

  • Revenues from sale of MIA 2.0 and derivatives
  • Licensing revenues for regions outside Europe
  • Income from sale of C02 credits

OVERVIEW

Research Coverage

QUIRIN Privatbank
Equity Research

January 18, 2021

EUR 6,60    BUY

SMC Research
Equity Research

Download PDF

February 8, 2021

EUR 6,30    BUY

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