Thanks to new management and fresh financial backing, Günther Schuh is intending to push on with his plans for German-based e.GO Mobile – including the incorporation of fuel cells. At the end of February 2021, nd Industrial Investments B.V. reported the successful conclusion of a Series B financing round which brought in funds of EUR 30 million. The Dutch investment group nd Industrial B.V. had previously taken over e.GO Mobile AG on Sept. 1, 2020, and transferred it to Next.e.GO Mobile SE. The money should ensure that production of the e.GO Life goes ahead in June 2021. Among the investors are the once U.S. finance minister John Snow, Formula E chairman Alejandro Agag and the actor Edward Norton.
The steadily growing interest in hydrogen and fuel cells will be on full display at this year’s Hannover Messe, to be held April 1 through April 5 at Hanover’s convention and expo center. This time, the event will shine an even bigger spotlight on integrated energy systems. Its organizers expect over 1,000 exhibitors to unveil new ideas, such as their plans for integrating heat with electricity in industrial settings and storing wind and solar energy as hydrogen and methane or using it to create liquid fuels.