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Research study (IPO study) english - ELARIS AG - 19.03.24

ELARIS AG (ELARIS) is a German company active in the fast-growing e-mobility sector as a provider of fully electric e-vehicles and related business areas (spare parts and service business, e-charging station business, etc.). As an automotive manufacturer, ELARIS sources its electric cars from well-known Chinese e-vehicle manufacturers (contract manufacturing) and sells them itself (online sales) and via sales partners under its own ELARIS brand in Germany and several other European countries (e.g. Austria). The company maintains extensive technology, development and production partnerships with these manufacturing companies (OEMs). The subsidiary ELARIS Innovation GmbH will also offer customers of the ELARIS Group comprehensive charging infrastructure solutions in the future. In Germany, ELARIS has currently entered into a cooperation agreement with 82 car dealers and 86 Euromaster locations for the sale (including service) of ELARIS electric cars and charging stations. The company has also entered into a framework agreement with Euromaster (part of the Michelin Group), on the basis of which this workshop chain will take over the maintenance and repair of ELARIS electric vehicles as well as sales activities.