January 26, 2023
Began delivering electric personal vehicles to the Meir Electric Utilities company owned by the Meir Group, an importer of Volvo and Honda cars in Israel. Designed for driving on paved roads and off-road. is developing a kind of four-wheeled electric motorcycle
The Tel Aviv company MIA Dynamics has completed the first sales transaction of tiny electric vehicles it developed, in the amount of about 1 million dollars. Last week it handed over the first systems to Meir Electric Utilities (MEU), owned by the Meir Group, an importer of Volvo and Honda cars in Israel: small electric vehicles of the Mia Four type. The company stated that the approval process and obtaining the regulatory approvals for use in Israel has been completed and Meir Electric has started selling them to end customers in Israel.
It is an electric four-wheeled transport vehicle intended for the movement of individuals (private individuals, soldiers and officials) in complex terrain. The Mia company was founded by CEO Yitzhak Calderon, based on a proprietary technology of a flexible suspension system that provides driving stability in difficult conditions, including going up and down stairs. In mid-2022, she received approval for the registration of the technology as a patent.
In June 2022, the company entered trading on the Tel Aviv Stock Exchange following a merger deal with the stock exchange skeleton GODM, and is now traded according to a company value of approximately NIS 67.9 million. The company currently has one main product, and another product that is under development: the personal tool Mia Four (category: micro mobility) includes a removable battery that provides a travel range of about 45 km and a travel speed of up to 45 km/h.
It is now developing a more powerful version of the platform, which is expected to be released on the market in the form of a kind of electric ATV called MIA EQ4. It is a four-wheeled vehicle weighing 220 kg, which reaches a traveling speed of up to 160 km/h and a traveling range of about 280 km between battery charges. According to the company’s publications, this is a vehicle with a new configuration which should combine the advantages of a motorcycle (flexibility and agility) with the advantages of a four-wheeled vehicle (stability).
Posted in the categories: Automotive, News, Israeli Industry
Posted in tags: Mia Dynamics, electric vehicle
