ELARIS AG Projects Significant Sales Revenue Growth in 2024

ELARIS AG, a prominent electric car manufacturer, has announced its sales revenue forecast for the fiscal year 2024. According to the management board, the company expects to generate sales revenues in the range of EUR 150 to 200 million. This forecast is underpinned by the strong operational performance seen in the current fiscal period, including pre-orders for e-cars surpassing EUR 40 million.

The company also anticipates a substantial positive EBITDA for 2024. Growth is projected to accelerate with the expansion of its model range, which includes the introduction of the ELARIS JAO, and through scaling up its international presence. Key markets outside Germany include Austria, Switzerland, Turkey, and Italy, which will play a crucial role in ELARIS's future growth strategy.