value around SEK 47 per share.
Redeye initiates coverage of Inzile, a Swedish manufacturer of light electric utility vehicles (EUV). Inzile’s vehicles are all-electric and versatile, addressing the growing need for zero-emission inner-city distribution, such as last mile delivery. The European market for EUV’s is expected to show double-digit growth for many years to come. Recent production problems are now resolved, clearing the way for a significant ramp up and expansion in the next few years.
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