Today we passed a significant milestone in our journey towards green urban mobility. FEST completed the production of the first batch of 50 units of the E-Box M, to be delivered to our first sales agents and clients, who have preordered them, in France, Turkey and Chile. Reaching this milestone represents a true testament to our dedication, hard work, and unwavering commitment to transforming the future of urban mobility.
The E-Box M, developed on an 100% electric platform, showcases a few of our features that can benefit our customers in their business operations. With a range of 270 km, an unexpected cargo area of 4.7 m³ and an impressive payload capacity of up to 1040 kg for such a compact size, E-Box M is a natural choice for urban delivery for businesses. Not only does E-Box M significantly reduce carbon emissions, but it also offers substantial benefits in terms of overall total cost of ownership (TCO), performance and operational efficiency.
As we celebrate the completion of the first batch of E-Box M units, we would like to extend our gratitude to our dedicated team and core suppliers. Their unwavering commitment, tireless efforts, and expertise have made this achievement possible. Together, we are actively contributing to the decarbonization of society, helping companies make a positive impact on CO2 reduction and shaping a sustainable future for urban mobility.
We look forward to the day when the E-Box M will be widely available to our valued customers throughout Europe and LATAM, transforming their urban mobility operations and driving positive change in the industry.