Clean Motion AB (publ) develops and manufactures electric vehicles. It offers Zbee, a light electric three-wheeled vehicle for transportation and logistics needs. The company was founded in 2010 and is based in Lerum, Sweden.

Clean Motion AB (publ)

A company that develops and manufactures electric vehicles for last-mile delivery.

Clean Motion

eMobility Labs

Clean Motion was founded in 2010 in Lerum, Sweden with the believes that the future of mobility is in a transportation solution that’s actually suited for our daily use, with a vehicle somewhere between a conventional car and a scooter.  

We have recognized that we need to think differently and more efficiently. Our vision is to develop and manufacture truly sustainable products that the big majority of the world’s population can afford. This philosophy is based on reinventing every part of the product through multifunctional design, simplification and with a clear light-weight approach.  

Our first product, Zbee, is a light electric three-wheeled vehicle that comes in two versions; with a rear seat or with a cargo space. Zbee benefits from its low weight and high efficiency to meet the transportation and logistics needs of the 21st century. 

In late 2013, Zbee received two very prestigeful awards, WWF Climate Solver and Zennsström Green Mentorship Award. We were honored to get acknowledged by such credential organizations and we are thankful for their beliefs in the potential Zbee could have on urban mobility and the climate.

WWF:
“Climatesolver.org is a climate innovations portal developed by WWF. Our objective is to strengthen the development and wide-spread use of transformative technologies with the great potential to reduce carbon dioxide emissions and increase energy access around the globe.”
http://www.climatesolver.org/innovations/moving/zbee-ultralight-electric-vehicle

We’re starting Zbee Manufacturing in Pune, India 🇮🇳

The agreement includes an initial investment of SEK 6.8 million and a licensing agreement for manufacturing and sales in India. The agreement was formally signed today at the Swedish Embassy in New Delhi.

Sofia Haby, CEO of Clean Motion: "Manufacturing Zbee under a license agreement in India aligns perfectly with our global expansion strategy. We are leading the way for the future of the automotive industry, and Zbee, the most innovative three-wheeler on the Indian market, is no exception. We view this as an essential part of our comprehensive offering."

Read more here:
https://lnkd.in/dmxciRfQ

Anil Arora Christoffer Sveder

Green Light for EVIG in Europe. 🟢

"Low cost, solar power, and radically less emissions in manufacturing make Clean Motion stand out. We are leading the way for the future of the automotive industry," says Sofia Haby, CEO of Clean Motion.

Read more here:
https://lnkd.in/duM5w_wH

Clean Motion launches new factory
with a capacity of 3,000 Vehicles annually

The e-mobility company Clean Motion has launched its new
manufacturing plant outside Gothenburg. Now fully operational, the
facility has the capacity to produce up to 3,000 vehicles per year,
and the Conformity of Production certification is complete.

Read our Press release here:
https://lnkd.in/gefax5AP

Integrated connectivity? Yes. 

We'll be showcasing EVIG and IoT platform together with our friends The Techno Creatives next week in Stockholm!
 
Come join us at Techarenan - Stand F:40 

#FleetManagement #ElectricVehicles #Techarenan

EVIG now live in Milan! ⚡️☀️🇮🇹

With our distributor X-RAAM e-mobility solutions, we premiered EVIG for the first time in Italy. 

The premiere was held at the grand opening of the first X-Raam-store, entirely dedicated to urban mobility, in Milan's city center.

As cities look for sustainable solutions for last-mile delivery, the need for vehicles made for dense areas and zero-emission zones is increasing. EVIG, with its cutting-edge features, is tailored for urban environments. Its solar roof ensures extended range, reduced carbon footprint, and optimum efficiency.

Christoffer Sveder, Commercial Director at Clean Motion, said, “We have a very strong partnership with X-Raam that enables us to grow our full potential of EVIG all around Italy which is a very promising market.”

The Milan store is the first of its kind, and the plan is to set up 50+ stores in Italy over the coming four years. All stores will be in central locations and have the complete portfolio of vehicles, including EVIG.

“The demand for electric vehicles made for urban environments is booming, and we are seeing a huge potential in EVIG for last-mile delivery all over Italy”, 
says Alberto Fiorini, General Manager at X-Raam e-mobility solutions.

For more information, visit X-Raam's website: https://www.xraam.it/

	Dec '14	Dec '15	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	-1.67M -	-2.90M 73.50%	-22.73M 683.36%	7.13M 131.38%	-4.08M 157.28%	-12.76M 212.41%	-6.82M 46.52%
depreciation and amortization	160K -	328K 105%	283.79K 13.48%	139K 51.02%	97.99K 29.50%	3.70M 3,679.00%	3.77M 1.67%
deferred income tax
stock based compensation
change in working capital	-2.88M -	545K 118.92%	812K 48.99%	563K 30.67%	-1.82M 423.62%	2.53M 238.64%	-1.43M 156.73%
accounts receivables
inventory
accounts payables
other working capital
other non cash items	-22K -	-5K 77.27%	16.50M 330,151.20%	-3.80M 123.05%	-2.22M 41.63%	132K 105.95%
net cash provided by operating activities	-4.41M -	-2.03M 53.94%	-5.13M 152.19%	4.03M 178.58%	-8.03M 299.28%	-6.40M 20.29%	-4.49M 29.81%
investments in property plant and equipment
acquisitions net
purchases of investments
sales maturities of investments
other investing activites	-6.53M -	-5.36M 17.87%		2.78M -		-4.74M -
net cash used for investing activites	-6.53M -	-5.36M 17.87%	-3.47M 35.32%	2.78M 180.29%	-261K 109.38%	-4.74M 1,717.62%	-8.01M 68.89%
debt repayment
common stock issued						18.73M -
common stock repurchased
dividends paid
other financing activites	9.51M -	7.50M 21.16%		-6.47M -		-6.25M -
net cash used provided by financing activities	9.51M -	7.50M 21.16%	8.37M 11.66%	-6.47M 177.31%	20.11M 410.77%	12.48M 37.91%
effect of forex changes on cash		2K -	377 81.15%
net change in cash	-1.43M -	105K 107.33%	-223.62K 312.97%	342K 252.94%	11.82M 3,355.26%	1.34M 88.66%	-12.50M 1,033.10%
cash at beginning of period	2.50M -	1.06M 57.43%	521.77K 50.87%	298K 42.89%	640K 114.77%	12.37M 1,832.34%	13.37M 8.15%
cash at end of period	1.06M -	1.17M 9.89%	298.15K 74.45%	640K 114.66%	12.46M 1,846.41%	13.71M 10.03%	871K 93.65%
operating cash flow	-4.41M -	-2.03M 53.94%	-5.13M 152.19%	4.03M 178.58%	-8.03M 299.28%	-6.40M 20.29%	-4.49M 29.81%
capital expenditure
free cash flow	-4.41M -	-2.03M 53.94%	-5.13M 152.19%	4.03M 178.58%	-8.03M 299.28%	-6.40M 20.29%	-4.49M 29.81%

CLEM

SE:CLEANMOTION

Clean Motion

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