CityQ

Cargo bikes for both passengers and cargo is among the fastest growing segment in MicroMobility • Europe is the hot spot for these trends – both B2B and B2C demand – to reach EUR 10bn by 2030. • Industry expects 2M units sold annually by 2030 – 1M each for cargo ebikes and family ebikes • Across Europe there are incentives and refunds on buying cargo bikes (document available) Unique platform to become a leader in this market • CityQ is making first platform 4 wheel ebikes – fitting the both cargo and family ebikes (getting ahead in scaling) • CityQ best on KPIs for B2B cargo bike customers – both for cost/efficiency and functionalities. • Modular vehicle platform - enabling the fastest and leanest in integration of own and 3rd party innovation • IKEA-concept for agile and lean assembly. Competitive advantage for entering strategic partnerships, local distributed assembly and addressing niches with customized models Proven Traction ahead of launch • Proven traction in key markets - by signing up handful of top tier customers with initial fleet orders. Covers all initial production capacity. And with more than 3000 registered with interest to buy. • Initial customers signed with either buying the vehicle – or rental/subscription 12-24months. • Signed partners in key markets to assist with both reselling and serving after-sales market Upcoming launch and entering growth phase • Strong team and partnerships securing high matureness and quality upon product launch • Ready to launch with marginalized product risk.