Swiss e-truck manufacturer Designwerk increases share capital

Designwerk Technologies AG has experienced tremendous growth in recent years and is reinforcing its ambitious plans for the future. The shareholders have now approved a comprehensive growth financing plan that will significantly strengthen the company’s equity and enable further investments.     

(Winterthur) With an annual revenue growth of over +60% in the last five years, Designwerk has more than tenfold its revenue during this period and established itself as a pioneer in the electric mobility sector. The company has invested heavily in new technologies to meet the rapidly changing market conditions. This has led to innovative products that set new standards, including a world record for range with an electric truck, the new “Mega Charger” with up to 1,000 kW charging power, and a new generation of mobile charging devices, for which the company has won the Red Dot Design Award.

To realize its ambitious growth plans for the future, the shareholders of Designwerk have opted for comprehensive growth financing. The company’s equity will be significantly strengthened. This strategic decision allows Designwerk to continue investing in quality, new products, technologies, and the expansion of production capacities.

Volvo Group reaffirms its confidence   

The Volvo Group, as the majority shareholder, reaffirms its confidence in the future of the company and emphasizes the strong partnership between the two companies.

Photo: © Designwerk