Through new fundraising, Japan-Taiwan electrical vehicle (EV) manufacturing company Lean Mobility has achieved a cumulative funding of JPY4.6 billion (US$30.8 million), allowing it to reach a crucial milestone towards the mass production of its urban compact EV RideRoid "Lean3."
Lean Mobility stated that it has completed the vehicle body and parts design with maximum consideration for productivity and cost efficiency. In addition, it has begun manufacturing mass-production molds and plans for an efficient assembly process in Taiwan are steadily progressing.
The company will unveil the Lean3 vehicle at the "Japan Mobility Show 2024" held at Makuhari Messe in Chiba Prefecture from October 15-18. The vehicle features a unique "Active Lean System" that achieves high stability and comfort despite its compact and lightweight design.
Lean Mobility will also hold a display and driving event at Haneda Innovation City's PiO PARK X on November 2-3.
In pursuit of realizing innovative urban mobility, Lean Mobility is initiating collaborations with diverse B2B and B2G partners ahead of B2C introduction. It has begun a partnership with Aichi Prefecture's Toyota City. Future plans involve evaluating practical application scenarios through trial rides and pilot programs to strengthen relationships with partners, technical collaboration, and sales and service efforts.
Lean Mobility stated that it is accelerating development towards Lean3's market launch in 2025 and will continue to strengthen business collaborations while working towards realizing new mobility solutions.
CEO Akihiro Yanaka commented, "We are convinced that efficient and waste-free mobility (Drive Lean) leads to a richer life for people (Live Life). Through Lean3, we aim to make urban mobility easier, more enjoyable, and more sustainable, thereby improving people's quality of life. To realize this vision, cooperation with diverse partners is essential."
