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Singapore / Paris (27 May 2024) – FEST Auto Technology (FEST), a leading global mobility solutions company, participated in Viva Technology 2024, Europe’s foremost startup and tech event. Being invited to join VivaTech, FEST showcased its robust E-Box M solution to the professionals at the event, following its recent expansion of the sales network from France to Italy. Taking place from May 22 to May 25 at Paris Expo Porte de Versailles, VivaTech is one of the world’s biggest platforms for connecting startups, tech leaders, major corporations, and investors to address the world’s biggest challenges.
FEST presented its company and urban mobility solutions at the event. FEST highlighted the features and benefits of the E-Box M, its first electric light commercial vehicle (e-LCV), demonstrating the company’s commitment to sustainable and efficient transportation options.
Launched in France in October 2023, the E-Box M is a simple, efficient, accessible, and robust urban transporter. This commercial vehicle is adapted to the requirements and challenges of small and large companies, especially those working in last-mile logistics who need to tackle high running costs and reduce significant environmental impacts. Customer feedback has been very positive, leading to many repeated purchases. Total deliveries of the E-Box M are forecast to grow by more than 2,500% in 2024.
During VivaTech, FEST executives participated in panels with French government officials to discuss sustainable growth and the future of urban mobility. Additionally, FEST engaged in discussions with international partners about network expansion, further solidifying its global presence and strategic partnerships.
FEST’s presence at VivaTech underscored its strategic expansion in the European market. Following a successful launch in France, where FEST established 33 outlets, the company is now expanding into Italy with 24 new outlets. Plans are also underway to extend operations to Belgium, the Netherlands, and Luxembourg in Q3, and to Northern and Eastern Europe later this year. This growth trajectory highlights FEST’s commitment to becoming a leading player in the European electric light commercial vehicle market.
Electric vehicles are just the first step for FEST in bringing and incubating business models with local partners. Despite achieving strong growth in France, FEST aims to focus not only on volume but also on the service and quality of fleet operations, aligning closely with its vision.
“Our participation in VivaTech 2024 was a significant step in showcasing FEST’s approach to urban mobility,” said Tom Anliker, Global Chief Operations Officer at FEST. “We were excited to engage with industry leaders and potential partners, further solidifying FEST’s position as a reliable mobility solutions company. We look forward to joining more tech forums and ecosystems, welcoming European tech startups and innovators from corporations to Singapore, to exchange knowledge and ideas on new energy vehicles, sustainability tech, ESG, and more.”
FEST offers a total solution tailored to local needs and backed by digital expertise. As an OEM, FEST empowers local partners, including dealers, to collaborate across all business aspects. FEST is committed to being caring, knowledgeable, respectful, and reliable.
FEST is a global mobility solutions company with a mission to redefine urban transportation by developing eco-friendly and smart e-LCVs, integrating AI-based digital solutions for vehicle and fleet efficiency.
We are committed to the decarbonization of society by enabling companies to make a positive impact on CO2 reduction through providing leading design and integrated technologies to make that happen.
With headquarters in Singapore, FEST is present in 10 countries across Middle East, Asia, Europe, and Latin America.
For further information, please visit www.festauto.com, or email media@festauto.com.
