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Dear Companists,
Receiving more than 276,000 binding pre-orders while unveiling its new model, Tesla showed the international automotive industry that electric mobility will be the future. In terms of the price, the new Tesla model is meant for the mass market. Other manufacturers, especially German ones, will have to follow suit in order to successfully compete with Tesla, which is why they will also have to offer models for the mass market. As a result, the number of electric vehicles on European roads will soon increase.
For this system to work, however, a good charging infrastructure will be necessary. People such as Klaus Schmitz, partner at strategy and innovation consultancy Arthur D. Little (in the automotive department), have recently confirmed this as well.
ENIO will directly profit from the recent developments, for our technology and expertise are what is needed now. Since our campaign launch, we have already expanded our network of charging stations from 1,500 to 2,500 units, that is, by over 66 %.
German start-up magazine Gründerszene recently featured our company, and we were named start-up of the week by StartingUp. Today, Frankfurter Allgemeine Zeitung (print and online) also published an article on ENIO.
Thanks very much for your support! With your help, we will keep shaping the future of electric mobility.
Best regards from Vienna,
The ENIO team
Note
Investments in crowdfunding projects offer great opportunities, but they are risk investments. In the worst case, the entire investment amount may be lost. Consequently, these investments are unsuitable for retirement plans. However, there is no obligation to make further contributions. Investors can minimize their risk by splitting their investment amount between crowdfunding campaigns rather than investing all of it in one crowdfunding campaign. Professional investors often follow this strategy because it causes the risk to be distributed among several investments. In this way, successful investments can balance other less successful investments.
The shares of the Companists are subordinated profit-participating loans (partiarische Nachrangdarlehen). Such loans are shares in a business with similar characteristics as equity. If the company becomes insolvent or is liquidated, the claims of the Companists – just like those of all other shareholders of the company – will be satisfied from the assets in the insolvency or the assets in liquidation only after the claims of all other external creditors have been satisfied. Thus, Companists are treated like any other shareholder of the company during insolvency or liquidation proceedings.
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