Former BMW CFO plans rapid expansion in electric van sector

LONDON – Final-mile transportation supplier B-On, led by former BMW board member Stefan Krause, options to make on its acquisition of electrical shipping van maker StreetScooter Engineering.

Krause explained to Automotive Information Europe his subsequent aims are to add an electric three-wheel van maker and to acquire an “city mobility” passenger motor vehicle.

Krause, who was BMW’s chief monetary officer and then head of world sales in between 2002 and 2008, has also held best-level positions at Deutsche Article, Deutsche Bank and U.S. EV startups Canoo, Faraday Future and Fisker.

B-On, which was formerly known as Odin Automotive, purchased the StreetScooter van family, mental home, tooling and the contract with company Neapco from Deutsche Article in January.  Deutsche Submit determined to exit the van earning small business practically eight several years following getting the German startup in 2014.

B-On will use StreetScooter’s main Get the job done L van, its bigger sibling, the Gigabox, and the a few-wheel vans to set up a world-wide business concentrated on marketing previous-mile shipping and delivery answers, Krause mentioned on the sidelines of the London Shift 22 city mobility show.

The StreetScooter title will not be used on the autos.

Whilst Krause did not name the 3-wheeler corporation bought by B-On, Automotive Information Europe confirmed individually that it was Hong Kong-dependent Kyto Ventures.

The rickshaw-styled vehicles will be built at a manufacturing unit in Indonesia, Krause reported.

Deutsche Post obtained into the electric van business enterprise after failing to obtain a suited motor vehicle to provide zero-emission urban shipping and delivery.

The selection to make the StreetScooter famously irritated previous Volkswagen Team CEO Matthias Mueller, who questioned why Deutsche Put up had not questioned VW first.

Deutsche Publish collaborated with Ford to establish an XL edition of the StreetScooter based mostly on the Transit van, but in 2020 the logistics organization declared it would cease making StreetScooters by the conclude of the year because of to the too much charge.

Deutsche Post, having said that, continued manufacturing of the StreetScooter into 2022.

B-On has a agreement to source the logistics huge and its subsidiary, DHL, with a set selection of vans each year. Krause declined to say how many, but the quantity is recognized to be about 3,000 a yr.

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