A German company invests 140 million euro in a state-of-the-art electric car plant in Bulgaria!

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A German company for electric cars will make its main production in Bulgaria. The German manufacturer of electric cars Next.e.GO Mobile SE signed documents finalizing the procedure for starting the investment project of the company in Bulgaria.

The German company will make an investment and build the first electric car plant of its kind in Lovech. The investment is a result of the successful cooperation and work of the Ministry of Economy, Automotive Cluster Bulgaria, private investors and institutions in Bulgaria and Germany. The Minister of Economy Kiril Petkov and representatives of the company showed and tested the cars in front of the media.

The expected investment of the company, which will operate in Bulgaria Next.eGO Bulgaria AD, will amount to over BGN 280 million and a production capacity of over 30,000 electric cars per year. The project will be implemented on part of the site of Balkan AD plant in Lovech, where in the past were produced some of the first cars, bicycles, motorcycles and airplanes in Bulgaria.

Next.e.GO Mobile SE, based in Aachen, Germany, is a manufacturer of electric vehicles and sustainable mobility systems. It is planned to produce the following models in Bulgaria: e.GO Life 70, e.GO Life Sport, e.GO Life Cross: Among the suppliers of components for initial installation of Next.e.GO are the most prestigious German Tier 1 manufacturers such as Bosch, Continental, ZF, Hella and many others. The drive system has been specially developed by Bosch for e.GO Life and its life expectancy is expected to exceed 20 years without the need for maintenance.

In addition, e.GO vehicles will be maintained by the hundreds of Bosch Car Service located in every major city in the country. It is planned to build the latest generation car plant, created with the help of technologies of Next.e.GO Mobile SE and Rhine-Westphalia Technical University Aachen, as the design has already begun, and the construction itself will be carried out in record time, more by the end of next year.

Next e.GO Mobile SE – Rethink mobility. (e-go-mobile.com)

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