US News After a long hanging section: Deutsche Post Sells Streetscooter Production

06:54  05 january  2022
06:54  05 january  2022 Source:   ksta.de

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Actually, Deutsche Post DHL had set the search for a buyer for the production of electric transporter Streetscooter two years ago - now it has found one: the Bonn logistics group sells the Rights and know-how to manufacture the E-Scooter to the Luxembourg corporate consortium Odin Automotive.

Der Elektro-Transporter Streetscooter der Deutschen Post DHL ist ein Erfolgsmodell. © dpa The electric transporter Streetscooter of Deutsche Post DHL is a success model.

As the company announced on Tuesday, the sale includes intellectual property for vehicle models D17 and D20 as well as the two wholly owned subsidiaries in Switzerland and Japan.

300 employees remain at the Post

in the Post Group Meanwhile, Streetscooter GmbH remains with 300 employees, which should initially act as suppliers of vehicle parts and batteries. Later, the in-house society will be "concentrating on the maintenance and care of the stock fleet".

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in Germany affected directly from the sale, according to a speaker, only a handful of employees who change to Odin. Deutsche Post did not provide information on the selling price. It is known only that it climbs with ten percent as a minority owner at Odin.

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With the sale ends the loss of loss of the Bonn logistics company in the E-Vehicle Industry. He had bought the company Streetscooter, which was founded at the Aachen University of Professors Günther Shoe and Achim Kampker, 2014.

At the beginning of 2020, Deutsche Post announced after losses and breakdowns to adjust the production of vehicles and only focus on the operation of the stock fleet.

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costs in millions of height

sales sondations would not be pursued. Only the costs of the transformation amounted to the Group at the time to 300 to 400 million euros. In April 2021, he moved again to the planned production stop again on the end of 2022. The reason for this was our own demand: Deutsche Post wants to expand its fleet on 21,500 Streetcooters and always emphasized, there is no better E-transporter on the market.

Order to Odin

Meanwhile, around 17,000 are built by these 21,500 streetscooters. Therefore, even with the acquisition, Odin receives a minimum order of the post office over the construction of 3500 vehicles, which are produced as it was at the previous location in Düren. There is not today the German Post itself, but the car supplier NEAPCO the vehicles. The former production site Aachen today serves today only for the maintenance and improvement of the cars.

The Streetscooter buyer Odin Automotive is an even young company. The main shareholder is Stefan Krause, former BMW and Deutsche Bank board board as well as founder of the electric vehicle company CANOO.

"This acquisition gives us a tremendous advantage before the remainder of the industry in our mission to deliver a proven, holistic electrification solution of fleets," he said loudly. The company plan further purchases in the field of mobility, the Streetscooter acquisition is only the first of a series of transactions to be completed 2022.

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