For each vehicle converted to electric we can assume an average CO2 savings of 110g/km. Considering the expected yearly sales, this project will avoid the emission of around 71 tons of CO2 per year.
To cope with EVolution’s growth and ongoing expansion project, the company will invest a global amount of 153.000€ (from which 105.000€ will be financed through GoParity) with the following purposes:
(i) Scientific instruments and equipment for their Research & Development activities
(iii) Raw materials and components for prototype construction
Here you can find a history of the key milestones for this investment as well as any updates provided by the issuing promoter.