Azelio has the conviction that the future can be powered by solar energy. We intend to make renewable and clean electricity a majority in the global energy mix – in a reliable, efficient and cost competitive way.
Access to continuous and reliable electricity is critical for economic development. Approximately 1 billion people in the ”Sun Belt” today lack access to electricity and 65 per cent of the population in Africa lack access to a reliable grid. A poor grid doesn’t just impact households, but also hospitals, factories, telecom systems, government buildings, etc.
Azelio has created a flexible, cost-effective and environmentally optimized solution that open up unlimited opportunities for hundreds of millions of people. In addition, Azelio´s solution is much more cost efficient than all other solutions on the market today
Azelio´s assembly line in Uddevalla was acquired from Volvo Cars in 2013. With industrial volume production of components, Azelio can secure low price and high efficiency throughout the entire chain of processes. Annual capacity amounts, with existing production line, to 23,000 units per year but can within current facility scale up to 46,000 units annually
Azelio has a strong organization in place to realize on our strategy. We have recruited core competences from the Nordic automotive and aerospace clusters as well as from the international research community and have an experienced management as well as Board of Directors in place
With a network of global blue-chip development partners, an extensive supplier and financing network, and extensive interest from potential customers the company is well prepared for a commercial roll-out
Below: Investor presentation by Azelio's CEO Jonas Eklind on November 27, 2018