Fox e-mobility AG is a German pure electric vehicle development and investment company, focusing on the design, production, and marketing of low-price compact electric vehicles. The company was established and registered in Düsseldorf, Germany, on June 21, 2018, and is the first pure electric vehicle listed company in Europe, traded on the Düsseldorf Stock Exchange (stock code CT4). The brand positions itself as a “promoter of mass-market electric vehicles,” committed to developing small electric vehicles that are innovative, practical, economical, and enjoyable to drive, suitable for urban private commuting and “last-mile” logistics delivery scenarios. The company is held by approximately 2,300 dispersed small and medium investors, without control by financial investors or large shareholder groups. The management team consists mainly of senior professionals in capital management and renewable energy fields. In March 2026, the company strategically transformed into an investment group focusing on sustainable energy and mobility solutions, while continuously promoting the mass production of its core model, the MIA 2.0.
The establishment of Fox e-mobility is closely related to the legacy of two "MIA" electric vehicles. In 2012, the first generation micro electric vehicle MIA 1.0 designed by Murat Günak was launched in Germany, featuring a compact body and high flexibility. Fox e-mobility took over the evolution task of this model after its establishment, comprehensively upgrading its technical platform and design language to MIA 2.0.
In 2021, the brand entered an accelerated R&D phase. In June of the same year, Fox e-mobility officially announced the new design language of the MIA 2.0 product family. In August, the company released a highly integrated "skateboard" style modular platform. This platform integrates cutting-edge electric technology, supports multiple model variants, and can achieve L2+ level autonomous driving. However, the R&D process of MIA 2.0 faced funding and schedule challenges, and the originally planned 2023 launch was not realized on schedule, but the company continued to promote prototype development.
From 2025 to 2026, Fox e-mobility entered a period of intensive financing and strategic transformation. In September 2025, the company announced a capital increase of up to 7.3 million Euros to ensure the production of the first fully functional MIA 2.0 prototype before September 2026. In the same month, the company signed a preliminary agreement with global engineering consulting giant Akkodis Germany to jointly develop the first drivable prototype. In March 2026, the company officially announced its transformation from a pure electric vehicle developer to an investment group focusing on sustainable energy and sustainable mobility, guided by the MIA 2027 strategy, and simultaneously signed investment agreements worth 15 million Euros in European wind power and photovoltaic fields, and obtained a loan of 17.5 million Euros provided by Liechtenstein financial investors as continuous operation and transformation funds. The prototype exhibition plan was also adjusted from the Paris Motor Show to be displayed in the first half of 2027 in potential Asian production partner countries. Currently, the company still operates with a minimalist scale of about 2 employees, and the management team is dominated by people with backgrounds in finance and renewable energy industries.
Fox e-mobility’s product line is highly focused, with the core being the MIA 2.0 complete vehicle built on the same “skateboard” platform and derivative applications of this platform.
MIA 2.0: As the brand’s flagship model, it is a comprehensive evolution of the MIA 1.0, positioned as a compact pure electric micro vehicle for both business and passenger use. The exterior design is handled by Murat Günak, the original designer of the MIA 1.0, maintaining a compact appearance while maximizing interior space and flexibility to cater to urban needs for private travel and commercial logistics. The vehicle family plan includes a short-wheelbase version (3-seater) and a long-wheelbase version (4-seater), as well as a small delivery van designed specifically for city centers, with a maximum storage volume of up to 1,500 liters.
“Skateboard” Modular Platform: This is the brand’s core technical asset, a highly integrated body and chassis platform mainly composed of steel structure, featuring impact-proof, recyclable, and high cost-effectiveness characteristics. It supports flexible adjustment of different wheelbases and ground clearances, while the driver’s central seating position remains consistent. In terms of power configuration, the platform adopts a modular design; the rear axle drive unit output power is about 40 to 100 kW or more, and it can install a second battery or modify batteries. A front-mounted motor with a power of 30 kW can also be selected, and space is even reserved for fuel cell system installation. In terms of intelligence, the platform embeds an exclusive software ecosystem that supports online upgrades (OTA), natively supports Level 2+ autonomous driving, and its architecture can also support Level 3 and Level 4 autonomous driving functions.
Licensing and Carbon Credit Business: In addition to domestic European vehicle sales, the company’s business model also includes exporting technology licenses to markets outside the EU and selling carbon dioxide credits generated by MIA vehicle models. This asset-light business model aims to maximize shareholder value and achieve rapid market expansion.
As of the second quarter of 2026, Fox e-mobility has not achieved mass production delivery of any model. Actual revenue since the company's establishment is very small. Financial report data shows TTM revenue is 8,000 Euros, net profit is 392,520 Euros, and number of employees shows 0. Despite this, the company's activities in the capital market and strategic layout for the future are active. As a listed company on the Düsseldorf Stock Exchange, the company has about 2,300 small and medium investors, and completed a capital increase of up to 7.3 million Euros in 2025. In terms of pricing strategy, the brand's core vision is "making electric vehicles affordable for the masses", positioned in the low-price segment, but since it has not yet entered the actual sales stage, the specific price has not been announced.
Fox e-mobility's market expectation strategy focuses on strategic display rather than direct sales. The original plan was to first publicly display the MIA 2.0 drivable prototype at the 2026 Paris Motor Show, which was later adjusted to be displayed in the first half of 2027 in potential Asian partner countries. The company stated in official expressions that its goal is to produce MIA 2.0 models through standard contract production, leveraging the mature manufacturing experience and facilities of Europe's top car manufacturers and suppliers, rather than building factories themselves. The key premise of this model is to find and lock in large automobile manufacturers OEM partners willing to adopt its design for contract manufacturing or licensing.
Fox e-mobility’s core technology system is built around its proprietary “skateboard” platform, achieving technical integration in three directions: materials, powertrain, and intelligence.
In terms of modular chassis architecture, the brand’s “skateboard” platform adopts a steel impact-proof recyclable structure, which can flexibly adapt to different wheelbase and ground clearance requirements. In terms of powertrain diversity, the rear axle drive unit outputs 40 to 100 kW or more, supports second battery modification and range extension functions, reserves fuel cell expansion interfaces, and an optional front-mounted motor constitutes a dual-motor layout. In terms of intelligence and autonomous driving, the platform’s self-developed software ecosystem supports OTA online upgrades, natively supports Level 2+ autonomous driving, and reserves the hardware architecture required for Level 3 and Level 4 autonomous driving. In design language, the MIA 2.0 continues the compact design concept established by Murat Günak in 2012, emphasizing “functionality and approachability,” combining the practicality of micro business passenger vehicles with the emotional experience of private commuting.
Fox e-mobility's overseas layout currently focuses on cooperation network building and investment portfolio expansion, and has not yet established a sales network or production base in any overseas market. Its official description of service scope is "main European markets", but does not exclude the possibility of technology licensing to countries outside the EU, technology licensing becoming one of the brand's core business models. The brand's cooperation with Akkodis Germany is a key engineering technology cooperation for prototype development, and the prototype plan is scheduled to be displayed in the first half of 2027 in potential Asian partner countries, indicating that Asia may become the selection location for its production partners. After the 2026 strategic transformation, the company signed investment agreements worth 15 million Euros in European wind power and photovoltaic fields, expanding the layout to renewable energy fields, but the vehicle business itself has not yet left Europe. Fox e-mobility currently has no official channels on the mainland of China, nor has it entered the major right-hand drive markets of the Asia-Pacific region.
Fox e-mobility’s future path is at a turning point, transitioning from an electric vehicle developer to an investment group. At the product implementation level, the company will prioritize the development and display of the MIA 2.0 drivable prototype. The original plan to display at the 2026 Paris Motor Show was postponed to the first half of 2027, with the venue changed to potential Asian partner countries. The company expects to start mass production after the prototype display and complete final production through contract manufacturing cooperation.
In terms of financing and capital operation, the company secured key funding support for the MIA 2027 strategy through a capital increase of up to 7.3 million Euros and a loan of 17.5 million Euros provided by Liechtenstein financial investors. Since the strategic transformation in March 2026, Fox e-mobility’s business scope has expanded to include investments in European wind farms and photovoltaic fields. The company is gradually evolving from a single pure electric vehicle developer into a diversified investment group integrating electric vehicle manufacturing, technology licensing, and sustainable energy investment. The mass production path of the MIA 2.0 still faces dual challenges regarding funding implementation and securing partners. Whether this transformation can truly lead the brand to cross the “Valley of Death” from concept to mass production will be determined in the next one to two years.
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