Inzile has received an order, at a value of MSEK 5, from Spanish Pinero Group’s subsidiary Turiscar, regarding installation of a turnkey assembly factory with a capacity of 2,000 vehicles per year, in one-shift operations. The factory will assembly the new generation of hotel and resort vehicles for the Caribbean market for the joint venture between Inzile and Grupo Pinero, EMOS Caribbean. The order will be delivered during Q2 2022 to the Dominican Republic.

– We are very satisfied to take next step in our collaboration with Pinero and its subsidiary Turiscar, says Håkan Örtenholm, Executive Chairman of Inzile.

– We are delighted to move forward in our collaboration for the future of electric mobility solutions together with Inzile, comments Ricardo Moreno, Managing Director of Turiscar.

Pinero is a Spanish group, since many years established within the sectors hotel & resort, real estate and construction. Pinero offers more than 14,000 hotel rooms in the Dominican Republic, Mexico, Jamaica and Spain including residential complexes and golf courses.

Turiscar is responsible for supply and management of transport vehicles within the Pinero group. Inzile has signed an agreement with Turiscar and the companies will work closely together. Turiscar supplies not only hotels & resorts controlled by Pinero but also other hotels & resorts in the Caribbean

For further information, please contact:

Måns Sjöstedt, CEO Inzile, mans.sjostedt@inzile.com, +46 70 946 69 05

Peter Wergens, CFO Inzile, peter.wergens@inzile.com, +46 73 325 75 04