(Information sent by the signatory company)

-Next.e.GO Mobile SE and Sibros partner to provide connected vehicle data and advanced OTA software management on the new e.wave X urban electric vehicle

· Partnership to enable smarter and more seamless connected mobility, harnessing the power of data

e.wave X will use Sibros' Deep Connected platform to reshape the owner experience in sustainable urban mobility

AACHEN, Germany and San Jose, Calif., Nov. 30, 2022 /PRNewswire/ -- Next.e.GO Mobile SE (e.GO), an innovative producer of urban electric vehicles, today announced a strategic partnership with the company of Sibros connected vehicle platforms, to implement industry-leading connected mobility solutions on e.GO's new vehicle models, with the aim of positioning e.GO to take advantage of the data-driven transformation of urban mobility. e.GO announced the start of sales of its newly launched electric vehicle, the e.wave X in October 2022.

The e.wave X is a battery electric vehicle designed specifically for the urban environment, using innovative space frame technology. In addition to its sustainable materials and unique production processes, the e.wave X features replaceable and recyclable polymer casings and smart, swappable batteries designed to power a long-lasting, low-maintenance electric powertrain.

e.GO has selected Sibros' Deep Connected platform for whole vehicle data management and over-the-air (OTA) software updates to further enhance the customer experience. Data collection will create insights and enable a number of connected and value-added fleet services, while OTA software updates are intended to enable all vehicles to evolve and improve the customer experience throughout the vehicle lifecycle. vehicle. Together, e.GO and Sibros are committed to unlocking the full potential of connected urban mobility with 360-degree user convenience and an ecosystem of value-added connected services.

"Sibros' comprehensive suite of connected vehicle products provides vehicle manufacturers with data-driven insights, enabling them to make informed decisions while helping them accelerate their product improvement and user experience efforts," said Hemant Sikaria, CEO of Sibros. "Innovators like e.GO are leveraging Sibros' deep and secure vehicle-to-cloud capabilities to help accelerate their journey and position themselves at the forefront of the industry. As a leader in the connected vehicle technology space, we are excited about the deployment of our award-winning Deep Connected Platform on the e.wave X and with the growth of our strategic partnership in the coming years, rethinking connected and sustainable mobility in urban environments."

Connectivity is considered a key element for mobility and smart cities. The partnership between e.GO and Sibros will allow innovative OEMs like e.GO to focus on business opportunities both in fleet management and in offering a comprehensive set of services throughout the vehicle's useful life. vehicle, while improving the way drivers interact with their vehicles.

"The increasing integration of multiple domains in the automotive universe, including connected vehicles, vehicle-to-everything (V2X) communication, and ultimately autonomous mobility, are set to validate the software-defined connected city cars of the future." and that's what makes us very excited about this partnership," said Ali Vezvaei, Chairman of the Board of e.GO. "We aspire to offer our customers the freedom and ability to choose the connected services that suit their needs, whether it be charging, sharing, insurance or connected driving, essentially this can turn their e.wave X on a smartphone on four wheels".

Sibros' connected vehicle solution will leverage several strategic industry partnerships, such as Google Cloud for Automotive, which brings together an entire ecosystem of scalable vehicle-to-cloud solutions spanning data analytics, visualization, AI, machine learning, and risk management tools. application programming interfaces (APIs). Automotive equipment manufacturers using the Sibros platform include a growing list of the world's most iconic manufacturers of cars, trucks, buses, two-wheelers and tractors, as well as disruptive EV startups in the passenger and commercial segments.

About e.GO

Headquartered in Aachen, Germany, e.GO designs and manufactures battery electric vehicles for the urban environment, with a focus on comfort, reliability and affordability. e.GO has developed a disruptive solution to produce its electric vehicles using its own technologies and low-cost micro-factories, and it has vehicles that are already in circulation. e.GO is helping cities and their inhabitants to improve the way they get around and making clean and comfortable urban mobility a reality. For more information, visit www.e-go-mobile.com.

About Sibros

Sibros powers the connected vehicle ecosystem with its Deep Connected Platform™ for comprehensive OTA vehicle software update, data collection and diagnostics in one vertically integrated system. DCP supports any vehicle architecture - from ICE, hybrid, EV to fuel cell - while meeting rigorous safety and compliance standards. By combining powerful automotive software and data management tools on a single platform, Sibros enables OEMs to quickly jump-start dozens of new connected vehicle use cases spanning fleet management, predictive maintenance, paid feature updates and much more. For more information about the Silicon Valley-based company, visit www.sibros.com.

forward-looking statements

This communication includes "forward-looking statements" within the meaning of the provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "estimate", "plan", "project ", "foresee", "intend", "expect", "anticipate", "believe", "seek", "target", "can", "predict", "should", "would", "forecast", "potential", "seems", "future", "prospect" or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters. These statements are based on various assumptions, whether or not identified herein, and are not predictions of actual results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and should not be relied upon by any investor, as a guarantee, assurance, prediction, or definitive statement of fact or probability. Actual facts and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material.

Photo - https://mma.prnewswire.com/media/1958798...

View original content: https://www.prnewswire.com/news-releases/nextego-mobile-se-y-sibros-se-asocian-en-el-nuevo-vehiculo-electrico-urbano-ewave-x-301690831.html