Deutsche Post DHL, the world's leading postal and logistics group, signed an agreement to acquire StreetScooter GmbH, a former start-up that is committed to the mission of developing affordable electric vehicles.

As a result of the agreement, which is still subject to antitrust approval, the company will also acquire the development and production rights to vehicles as well as the employees of StreetScooter GmbH.

StreetScooter GmbH is a spin-off of RWTH Aachen and a consortium of approximately 80 industrial companies in the automotive industry and related sectors. It was established in 2010 and employs a staff of 70 at its base in Aachen. Since 2013, approx. 200 StreetScooters have been produced annually at the former Talbot/Bombardier plant in Aachen.

The successful working relationship began with the development of the StreetScooter. Since then, it has expanded to other areas, including pedelecs and trikes - and the Group plans to continue working closely with RWTH Aachen in the future.

First pre-series vehicles since 2013. The first prototype of the StreetScooter was unveiled in 2012, and the first pre-series vehicles have been in service since 2013.

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Source: Deutsche Post DHL