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Inzile has received order from Pinero Group

27 October 2021 - 10:05

Inzile has received an order, at a value of MSEK 22, from Spanish Pinero Group regarding development and delivery of battery systems. The order will be delivered during Q4 2021 and Q1 2022 to the Caribbean.

Inzile has received an order, at a value of MSEK 22, from Spanish hotel & resort company Pinero Group (”Pinero”) regarding development and delivery of battery systems. The systems will be delivered during the fourth quarter of 2021 and the first quarter of 2022 to Pinero’s subsidiary Turiscar in the Caribbean.

- We are very satisfied to enter new exiting overseas markets through our collaboration with Pinero and its subsidiary Turiscar says Klas Åhgren, acting CEO of Inzile.

Pinero is a Spanish group, since many years established within the sectors hotel & resort, real estate and construction. Pinero offers more than 14,000 hotel rooms in the Dominican Republic, Mexico, Jamaica and Spain including residential complexes and golf courses.

Turiscar is responsible for supply and management of transport vehicles within the group. Inzile has signed an agreement with Turiscar and the companies will work closely together. Turiscar supplies not only hotels & resorts controlled by Pinero, but serves also other hotels & resorts in the Caribbean.

 - We are happy that Swedish Inzile will provide us with the latest technology in battery systems for our current transport fleet for our hotels & resorts in the Caribbean, comments Ricardo Moreno, Managing Director of Turiscar.

The total markets of the Dominican Republic, Mexico and Jamaica are comprised of more than 1,600 hotels with nearly 200,000 rooms.

For further information, please contact:

Klas Åhgren, acting CEO Inzile, [email protected], +46 70 985 58 02

Peter Wergens, CFO Inzile, [email protected], +46 73 325 75 04

About Inzile

Inzile is a Swedish tech company manufacturing intelligent electrically powered vehicles as well as creating modern transport and service solutions for a sustainable community. The company’s vision is to liberate the world from emission of fossil fuels and to accelerate the climate efforts by contributing to sustainable cities that improve quality of life.

Inzile was founded in 2012 based on a strong will to secure a future climate friendly utility vehicle sector. The team consists of some of Scandinavia’s foremost authorities related to electrical vehicles, digitalization, manufacturing and purchasing. Inzile develops, produces, and sells innovative vehicle solutions on the global market based on the demanding Nordic climate, security requirements and environmental standards. The company is based in Sweden with headquarters and production facility located in Västervik, R&D in Tranås and marketing office in Stockholm.

The company's share is traded on Nasdaq First North Growth Market Stockholm.

Redeye AB is the Company’s Certified Adviser, +46 8 121 57 690, [email protected].

For further information, please visit: www.inzile.com

About Grupo Piñero

Grupo Piñero is a Spanish tourist group, which is owned to a 100% by the founding family. The group was founded in 1977 by Pablo Piñero and the group is now led by Isabel García (President) and her three daughters Lydia, Isabel and Encarna Piñero (CEO and Executive Vice President since 2007) with the purpose of creating exciting experiences. With more than 40 years of history, it carries out its management in a responsible way to offer the best experience to guests and employees and to actively contribute to our society as a whole. Piñero has more than 14,000 hotel rooms in the Dominican Republic, Mexico, Jamaica and Spain including residential complexes, golf courses and its tour operator Soltour.

For further information, please visit: https://www.grupo-pinero.com/en

Provided by: Cision
Nasdaq First North GM (Sweden)
Inzile AB
Inzile produces and distributes electric vehicles. It develop fossil-free, modular transport and service solutions....
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