Etergo has grown in leaps and bounds over the last year.

As we get closer to the release date of AppScooter, the safest, most connected electric scooter in the world, we reflect on the milestones that have taken us through 2018, and that will launch us into the new year.

Since the beginning of 2018 we grew from a small team, to one of over fifty people from dozens of countries, with experience at the likes of BMW, Yamaha and Tesla. In July of 2018 we left Bolt Mobility behind, and adopted a new and exciting identity as Etergo, complete with a new, expressive logo.

Events

We also introduced the world to AppScooter in person for the first time, revealing our innovative e-scooter to an enthusiastic crowd at the Amsterdam Theatre during our unveil and rebranding event.

Etergo has been front-and-center for some of the biggest trade shows in the world. In its home country, AppScooter showcased at CES Unveiled Amsterdam to excited Dutch crowds, as well as all in attendance from across Europe and beyond. Later, we made our Italian debut at EICMA 2018 in Milan, where the press was universally positive, and the crowds amazing. We loved bringing AppScooter to Italy. We can’t wait to make our first deliveries there!  

Etergo has also experienced a brush with royalty, invited to attend the NL-UK Innovation Showcase, were AppScooter was featured as an answer to the Great Challenge of sustainable transport in Europe and beyond. There, the King and Queen of the Netherlands, and the Earl and Countess of Wessex got hands-on experience with AppScooter.

Etergo has also experienced a brush with royalty, invited to attend the NL-UK Innovation Showcase, were AppScooter was featured as an answer to the Great Challenge of sustainable transport in Europe and beyond. There, the King and Queen of the Netherlands, and the Earl and Countess of Wessex got hands-on experience with AppScooter.

Product and Testing

AppScooter has been engineered to withstand tough environmental conditions and forces coming from the roads. To guarantee quality and reliability to our customers, AppScooter and its systems & components are currently being subjected to extensive testing programs. The programs are based on “Design for Reliability” and various relevant international testing standards. Based on these tests, a long list of engineering and manufacturing improvements have already been discovered and are being implemented to make sure AppScooter functions reliable, is easy to service and performs to a level of quality as we believe you should expect from us.

In addition, our engineers & designers are working hard on the validation & testing of our AppScooter pre-production series. While in 2018, AppScooter received its individual type approval from RDW as well as been fitted with licence plates – meaning they are now road legal certified!

Manufacturing

After successfully building and launching our AppScooter pre-production series, we’re now applying the learnings we got from this series to finalise engineering for manufacturing. This means, our engineers are tweaking every single part of AppScooter such that it can be easily manufactured & assembled. We have made significant progress towards the final selection and signing of the contract manufacturer for the final assembly of AppScooter.

The RFQ package was sent out to a total of 60 potential manufacturers. After visiting a select number of facilities around the world In the past 6 months, we filtered down to our shortlist of 3 reputable partners. These parties have been thoroughly vetted on: manufacturing, quality, logistic, technical, commercial, growth possibilities and tons of other capabilities that are crucial for the short and long term success of Etergo. We’re now in the last phase before signing, which is negotiating the manufacturing service agreements (MSA).

Investment

Etergo just raised an investment of €10M from a German investor, experienced in Automotive After Sales. In addition, we’ll launch our online funding campaign early 2019 to make sure you can buy Etergo shares as well. The funds will be used to start development of the next products in our master plan.

We’ll launch the investment round on our own Etergo Investor Portal that we’ve built together with our legal partners. This saves a lot of money in platform fees, which we can now spend on the business itself. For you as an investor, the process of acquiring shares in Etergo has become much simpler and will only take you a few minutes.

It has been an amazing year of growth, with pre-orders accelerating, with our talented team growing, and Etergo HQ expanding to make room for the people who will ensure AppScooter is the most talked about, exciting electric vehicle of 2019.

2018 has been an incredible year for Etergo. We can’t wait to show the world what 2019 has in store for us, starting with attending CES 2019 in Las Vegas! 

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