Move About (MOV): Significant public tender won in Germany

Move About Groups subsidiary (mobileeee) in Germany has won a tender for a station-based public e-carsharing in the city of Ludwigshafen/Rhein.

The contract is with the city administration and includes the build-up of 27 stations with separate (also public accessible) charging infrastructure for the 40 EV-cars to be deployed for carsharing.

Roll out is starting with first stations in Q2/2022 and finalization until years end. The contract is granted for at least 36 months but has the option of continuous extension.

"The city administration initiated this concept with measures to reduce local emissions in the city and their urban districts. This win documents in practice how attractive and innovative the Move About EV-carsharing solution is for public needs," says CEO of Move About Group, Morten von Krogh.

The city of Ludwigshafen has a population of about 173.000 with another 155.000 in the commuting surroundings (Rhein-Pfalz-region) and is known as home of BASF, the world's largest chemical producer. While Ludwigshafen has a good public transportation network it does not have a carsharing provider, nor sufficient public charging-infrastructure for EV's.

Country Manager of Move About Germany and CEO of Mobileeee, Michael Lindhof says: "Not only are we enhancing the offer of sustainable mobility and EV-charging within Ludwigshafen, but we are also planning to include the surrounding cities quickly as they are origin and destinations of both commuter and leisure traffic."

"We highly appreciate the support given by the administration in assigning well distributed stations all over the city to us. Ludwigshafen will be start of our strong presence in the Rhein-Neckar-Pfalz-region," he says.

For additional information

Morten von Krogh, CEO, Move About
[email protected]
+47 971 94 931

Certified Adviser

Mangold Fondkommission AB is the Company's Certified Adviser and can be reached by phone, 08-5030 1550, and via e-mail, [email protected].

Move About Group AB in brief

Move About offers app-based, environment friendly, and cost-efficient mobility solutions to individuals, businesses, municipalities, and organizations. The Company has developed and owns all immaterial rights to the cloud-based green tech platform which gives digital access to electric cars, electric bikes, taxi, subway, and parking, all through the same app - around the clock. Every kilometer the user travels with the electric cars via the platform reduces CO2 emissions.

The Company's extensive mobility solutions is built upon the Move About-app which gives the user access to the Company's pools of electric cars, bikes, and scooters. Move About also assists companies, municipalities, and organizations to optimize their vehicle fleets by tailoring mobility solutions based on needs.

Move About was founded in Oslo, Norway, 2007 and has over 58,500 users today on their platform, and over 730 electric cars in the Company's vehicle fleet with presence in Sweden, Norway, and Germany.


Om Move About

Move About är ledande inom hållbara mobilitetstjänster. Vi erbjuder bilpooler med elbilar, elcyklar och elsparkcyklar till våra medlemmar. Vi hjälper också företag att optimera sin fordonsflotta samt levererar en komplett tjänst med bokningssystem, kundservice och fordonshantering. Noll utsläpp. Helt enkelt.

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www.moveaboutgroup.com

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Marknad Nasdaq First North Growth Market Kortnamn MOV ISIN-kod SE0016830335 Certified Adviser Mangold Fondkommission