They present it as a colossus. They show her willing to invest in the Greece 100 million euros to build 30,000 electric cars a year. Who? One German company which 6 months ago went bankrupt and then passed into the hands of a Dutch fund.
I wish we were wrong, but this business of investors creating 5,000 jobs in our country smells very much. We wish we could repeat ourselves, but...it sounds like a joke to us.
The company that presents itself as a giant and is preparing to make a «huge investment in Greece is «Next e.go». Today he signed a «Letter of Intent to cooperate» in a teleconference on «Electric Cars e. GO Made in Greece» in which the Prime Minister participated Kyriakos Mitsotakis.
Let's look at what they are serving us as a super investment and above all who is the company that promises to manufacture electric cars in Greece. We were introduced to it as «the new huge investment in Greece that will make another giant company to invest in our country»!
In fact, on Tuesday the «Next e.go» which «produces electric cars» was presented by the Prime Minister himself in Parliament.
And on Wednesday there was a teleconference where they presented «the main points of cooperation, as set out in the Letter of Intent to cooperate». At The letter was signed by the Minister of State for Economic Diplomacy, Kostas Fragogiannis, and the CEO of the German automotive industry, Professor Ulrich Hermann, while the Minister of Development and Investment was present Adonis Georgiades and the deputy minister, Nikos Papathanasis.
The business plan foresees that the factory will be ready to operate in 24 months, i.e. the first production will be ready in spring 2023, provided that everything goes according to plan and nothing changes along the way. Next e.go's planning provides for the production of 30,000 electric cars from the Greek factory.
The who's who of the bankrupt giant
But who is the «giant company»? It's an electric car manufacturer based in Aachen Germany, which was called el.Go Mobile AG.
Founded in 2015 and was selling the electric Next.e.GO Mobile SE for around 15,000 euros, but there were no buyers. More specifically, the company produced a four-seat electric car from April 2019, but failed to market it.
As a result, it had to face huge financial problems and 6 months ago it had to move to bankruptcy. In particular, the company filed for bankruptcy in Germany on 1 July 2020.
The bankrupt giant comes to Greece, with Dutch investment cloak, discusses with the Prime Minister himself about investing 100.000.000 euros in our country. She had also founded the electric truck company StreetScooter in 2010, which was acquired by German Post AG in 2014 and went bankrupt in 2020.
Looking at the sinful past of the bankrupt giant, one might reasonably ask what is behind this sudden investment interest in Greece...
