EQS-News: fox e-mobility AG: Financial planning until September 2026 -Milestones 2025-2026 for the prototype production- Profit zone expected in 2026

Financial planning until September 2026

Milestones 2025-2026 for the prototype production

Profit zone expected in 2026

Düsseldorf, 26 September 2025

fox e-mobility AG, the European electric vehicle company listed on the Düsseldorf Stock Exchange (ISIN DE000A40ZV71), today announces the financial planning until September 2026 and provides a roadmap with milestones for the prototype production and the expected returns from the new strategy of the fox e-mobility group (announced today per ad hoc under following link: https://fox-em.com/newsfeed/adhoc/506527911/ ).

An updated company’s presentation can also be found on our website under following link: https://fox-em.com/wp-content/uploads/2025/09/Investor-Presentation-Foxem-Website-25092025.pdf

Financial planning

The company requires Euro 7.3m within the next 12 months for the production of the first drivable prototype and the preparation of a deal with large car manufacturers OEM for co-production or licenced production of the MIA 2.0 model.

The plan is to raise the funds predominantly through the current public offer and supplemented by further measures to enable loan capital from institutional investors.

Funds from current public offer used for completion of MIA 2.0 prototype

The funds from the current public offer will be used to 80% for development and completion of the MIA 2.0 prototype which will be presented at the Paris Motor Show in October 2026.

The funds will be used to pay for the work of the new engineering team (see press release https://fox-em.com/newsfeed/plain-corporate/647420811/ from 24 September 2025) and the purchase of manufacturing parts of the prototype.

The success of the presentation will depend on the quality and level of engineering of the prototype. This will depend on the amount of the current fund raising among shareholders and investors during the offer period.

Debt restructuring following up and protecting liquidity

The debt restructuring agreed with major creditors of the company (including management, Board and advisers) by way of debt-to-equity swap will ensure that funds created through the current public offer will not be used for repayment of historic debt. Instead, the debt restructuring will protect liquidity of the company by removing up to 4 million of liabilities and thus create borrowing capacity.

 

 

Revaluation potential of the Swiss subsidiary (Fox Automotive Switzerland AG)

 

Following successful capital increase, fox e-mobility will be able to provide enough liquidity to the Swiss IP Holding (Fox Automotive Switzerland AG) to remove any liquidity issues which had caused the impairment (write down) of Euro 67 million in 2024. This means that the book value of the Swiss subsidiary can be revalued and increased again, creating an extraordinary profit for fox e-mobility, increasing equity value of each share.

 

Milestones 2025-2026

By end of 2025, the improved key features of MIA 2.0 design will be validated.

The key focus is after consideration of market conditions and distinguishing features of our MIA concept on passenger car. Potential clients of the passenger car are singles, students, young professionals, single parents, young parents (school and kindergarten runs), commuters (shuttle from home to next railway or bus hub).

The key features of central driving position with cockpit feeling and sliding doors and unique appearance appeal increasingly also to sophisticated customer base. Therefore, MIA will also be offered with option of significant upgrade in performance (up to 75 kWh) and style (designer interior) – the MIA RS Paris.

The flexible rear seat arrangements, exceptional leg space also for rear passengers, easy access from all sides through sliding doors, rear wheel drive provide a spacious feel which will remain unrivalled in the A and B segment.

The MIA 2.0, without any seats in the back will also be a perfect fit, as cargo version. Targeted customers are health services (pharmacies), home-care providers, concierge services, home delivery services (groceries, meals).

The price target is set at Euro 22,900 which will be achieved by production sharing with competitive jurisdictions. This marks a significant shift from previous planning, but fox e-mobility is pursuing its motto “affordable for everyone”.

By March 2026, the CAD model with full engineering data will be finalized and serve as basis for the prototype build.

By May 2026, the suppliers for batteries, drivetrain, chassis, and electronic architecture will be signed up.  By September 2026, the drivable prototype will be ready including rolling chassis with speed max 80 km/h functional suspension, braking system, all exterior components purchased or created, lightning, paint, rims and interiors elements including ambient lighting, seats etc.  In October 2026, the prototype will be presented at the Paris Motor Show and pre-sale discussions with target customer groups will take place.

Target for finalization of negotiations with OEM for co-production/licence production is November 2026.

Expected returns

 

The aim of the new strategy and OEM deal is to monetarize  the development investment of the past years and return to shareholders not only the initial investment but also a profit. From then onwards, the producing OEM will provide most of the funding of serial production and control the process from thereon.

 

Contact:

ir@fox-em.com

fox e-mobility AG
Königsallee 61
D-40215 Düsseldorf