Climate Change Data

fox e-mobility AG

Climate Impact & Sustainability Data (2020, Q4 2022)

Reporting Period: 2020

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Competition in the e-mobility market.
  • Technological development and project risks (lack of track record, vehicle development and approval, organizational setup, potential cost overruns, project failure).
  • Regulatory risks (changes in CO2 credits and EV subsidies).
  • Personnel risks (competition for skilled labor, dependence on current management).
  • Procurement risks (securing contracts with suitable contract manufacturers and developers, potential raw material shortages).
  • Financing risk (significant investment needs, potential inability to secure funding).
Mitigation Strategies
  • Innovative and unique vehicle concept.
  • MIA 2.0 based on MIA 1.0, low value-added depth to reduce costs and development risks.
  • Experienced and well-connected management.
  • Regular analysis of risks related to product development, regulatory changes, and industry trends.
  • Bonus programs for high performers, extensive recruiting measures, and retention programs.
  • Comprehensive supplier management, negotiations with reputable contract manufacturers and development service providers.
  • Liquidity management to identify additional cash needs early, allowing time for further financing measures.
  • Capital increase in March 2021 (EUR 2 million), framework agreement for convertible bonds (up to EUR 25 million).

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities
  • Potential to benefit from stricter regulations related to climate change.

Sustainable Products & Innovation

  • MIA 2.0 electric vehicle

Reporting Period: Q4 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainability
  • E-mobility

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed