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 – The New MIA
  • Consumer price for new MIA of just ~ EUR 16.000

*incl. VAT

Attractive risk/reward profile

  • The New MIA builds on existing pure EV platform
  • The Original MIA has extensive ‘on the road’ track record
  • Short time to market – The New MIA to be on the road by 2024

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
  • The New MIA 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 + >60%
    between 24’ and 26’ e
  • Ebitda + >400%
    between 24’ and 26’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 The New MIA 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

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February 8, 2021

EUR 6,30    BUY

SMC Research
Equity Research

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April 27, 2021

EUR 6,00    BUY

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