Inzile: Approved for public procurements (according to news article)
Redeye noted encouraging news yesterday, regarding the framework for public procurements of electric utility vehicles in Sweden. Inzile is one of eight companies that have been approved, according to news articles (Breakit). This is certainly important, but not a big surprise, given the premium brand and high quality. We are not making any changes to our estimates at this point, since we consider the participation in Swedish public procurements to basically be a prerequisite for Inzile to reach our forecasts..