CompanyClean motion
TickerCLEMO
ListFirst North
Market cap59,7 million SEK
Share price0.83 SEK at time of publication
Market Size$24,5 billion by 2023
IndustryElectric last mile delivery
Websitehttps://cleanmotion.se/
ESGFIRE comment:
ESGFIRE is thrilled to share that Clean Motion’s innovative solar-powered vehicle, EVIG, has garnered attention from one of Europe’s top five postal companies. This development is a major milestone, highlighting EVIG’s potential to revolutionize sustainable transportation in the logistics sector.
The unnamed postal giant has submitted a detailed specification to assess how EVIG can meet their specific needs for an upcoming procurement later this year. With an indicative demand of 300-800 vehicles, this could be a game-changer for Clean Motion. 🚚⚡
To clarify the implications for Clean Motion and its shareholders 300 to 800 vechiles represents a potential order value of between 60 to 160 million SEK.
What makes this even more exciting is that EVIG already meets the core requirements outlined by the postal service, providing a solid foundation for further optimization. Clean Motion is set to intensify collaboration this autumn, focusing on practical tests and evaluations directly at the customer’s facilities. This hands-on approach ensures that EVIG not only meets but exceeds the expectations of this major player in the European logistics market.
Notably, Clean Motion’s internal forecast for 2025 aimed for the production of 600 vehicles. If they secure this order, they could not only fulfill but potentially exceed that target well ahead of schedule, with a potential demand of up to 800 vehicles from this single customer. This underscores the enormous growth potential for Clean Motion in the near future. 📈🚀
This interest from such a prominent company underscores Clean Motion’s relevance in today’s market and positions EVIG as a key player in the future of urban transportation.
Speculating in which company it may be Deutsche Post DHL, La Poste, Royal Mail, PostNL and FedEx/TNT Express are the major companies operating in the Europe Postal Services Market so any one of these could be the potential client.
Conclusion
Today’s announcement is a win for Clean Motion. It underscores the importance of investing in sustainable technologies and the potential for these investments to deliver substantial returns. As Clean Motion embarks on this new chapter, we are confident that they will continue to lead the way in creating a greener, more sustainable future.
We look forward to seeing the positive impact that EVIG and Clean Motion will have on the European market and are excited about the growth prospects this approval brings. ESGFIRE remains committed to supporting Clean Motion and other companies that are making significant strides in sustainability and innovation.
Thank you for your continued support and trust in ESGFIRE. Let’s continue to invest in a brighter, cleaner future.
Stay tuned for more updates as Clean Motion continues to lead the way in sustainable vehicle innovation! 🚗🌞
About ESGFIRE
ESGFIRE is an investment company and research firm that focuses on ESG companies with either an environmentally friendly service or product. ESGFIRE has a performance record of over 1000 % returns since 2018.
Contact details
Website: www.esgfire.com
Group CEO: Filip Erhardt
Email: Filip@esgfire.com
Telephone:+46701609605
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