on CIBOX (EPA:CIB)
Production starts in Revin for Cibox
On September 19, 2024, Cibox, a French specialist in electric micro-mobility, announced the launch of production at its Revin plant. This marks the fulfillment of the promise made when publishing its half-yearly turnover on July 17, 2024.
The first units produced in Revin include the complete assembly of the bicycles, the assembly of the wheels and the electronic configuration. Cibox plans to reach a final production capacity of 150,000 bicycles per year within several years, after the delivery of its final site at the end of 2024.
Georges Lebre, CEO of Cibox, is delighted with this launch, which he presents as an example of industrial relocation. He expressed his gratitude to the financial and institutional partners who supported this project.
Cibox's next half-year results will be announced on October 16, 2024 after the stock market closes.
R. H.
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