Demand conversion risk
The business relies on pilots, reference orders, and niche use cases turning into repeat purchases.
- Scope
- EVIG Utility, Memorial, Delivery, and Event sales
- Materiality
- high
Clean Motion
Clean Motion develops and sells lightweight electric vehicles for urban mobility and specialized commercial use. Its EVIG platform is configured for applications such as utility work, memorial services, event use, and last-mile delivery, with sales and distribution primarily in Europe and selected international markets.
| % | |
|---|---|
| EVIG platform | 70% Modular lightweight electric vehicles configured for multiple urban-use cases. |
| Zbee vehicles | 15% Three-wheeled electric vehicles sold or licensed for selected markets. |
| Connected mobility software | 10% Software and connectivity features that add fleet and user functionality. |
| Licensing and manufacturing agreements | 5% Technology and production-related agreements tied to local market access. |
Clean Motion sells to organizations that need compact, low-energy vehicles for short-distance transport in cities and...
- Municipal and public-sector fleetsprimary
Buy EVIG Utility for city operations, property upkeep, and service tasks.
- Funeral and memorial servicessecondary
Buy EVIG Memorial for quiet, compact transport in cemetery and service settings.
- Logistics and delivery operatorsprimary
Buy EVIG Delivery for last-mile and urban distribution use cases.
- Facility and property managementsecondary
Buy EVIG Utility for maintenance, inspection, and site transport.
- Retail, event, and mobile commerce usersemerging
Buy EVIG Event for mobile shop and promotional applications.
Clean Motion is rooted in Sweden and sells across Europe through direct sales, pilots, and distributors...
- •Sweden is the home market and a key source of pilots and public-sector orders
- •Europe is the main commercial region for EVIG sales and distribution
- •Finland, Spain, France, Denmark, Switzerland, and Germany are active markets
- •The Netherlands has been an important test and distribution market
- •India is relevant through Zbee manufacturing and licensing arrangements
- •Gulf-region expansion is being pursued through a manufacturing partner
Clean Motion is focused on building demand around EVIG by tailoring the vehicle to distinct urban-use segments rather...
01
Segmented EVIG commercializationshort-term
Different use cases improve product-market fit and sales relevance.
02
Distributor and partner expansionmedium-term
Local partners help reach new markets and reduce direct sales friction.
03
Public-sector and institutional referencesshort-term
Reference customers support credibility in fleet procurement.
04
Technology and product developmentmedium-term
Connectivity and specialized configurations can differentiate the platform.
Clean Motion faces execution risk because demand for niche electric vehicles can be uneven and dependent on pilots...
Financing dependence
Development and commercialization require ongoing external funding support.
- Scope
- Equity issues, loans, and project funding
- Materiality
- high
Distributor concentration and partner execution
Market access in several countries depends on local distributors and strategic partners.
- Scope
- Denmark, Switzerland, Gulf region, and other export markets
- Materiality
- medium
Supply-chain and industrial pressure
Light-vehicle production depends on component availability and manufacturing reliability.
- Scope
- European automotive supply chain
- Materiality
- medium
Regulatory and homologation risk
Vehicles must meet local classification and approval requirements before sales can scale.
- Scope
- Country-by-country market entry
- Materiality
- medium
Revenue recognition on vehicle deliveries
Can shift revenue between quarters and affect reported growth
Grant and project funding accounting
Affects operating income and timing of other income
Capitalized development and impairment
Can create non-cash charges if expected cash flows weaken
Equity and convertible financing
Affects equity, finance costs, and dilution
: 11/08/2026