Update on the status of the elfin 20

First things first: We look positively into the future. In the end, we had to reduce our activities because of a number of already signed financing agreements was delayed and the Coronavirus is now an additional obstacle. Consequently, we have activated long-term financing channels that go beyond the development to cover series tooling, production start-up, marketing and risks. And, we have been able to win Dr. Wolfgang Stemme as our second managing director.

Our marketing approach will be supported by Priska Wollein and Matthias Fischer (M8 Medien GmbH).

Depending on the restrictions forced upon us by the Coronavirus, we shall shortly revive the core development efforts and expand our team