10.07.2024 11:02:10 - EQS-News: JOST joins Start-Up Trailer Dynamics as a strategic investor and strengthens cooperation in the field of e-trailer technology

===
EQS-News: JOST Werke SE / Key word(s): Investment/Alliance
JOST joins Start-Up Trailer Dynamics as a strategic investor and strengthens cooperation in the field of e-trailer
technology
2024-07-10 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
JOST joins Start-Up Trailer Dynamics as a strategic investor and strengthens cooperation in the field of e-trailer
technology

Neu-Isenburg, July 10, 2024. JOST Werke SE ("JOST"), a leading global producer and supplier of safety-critical systems
for the commercial vehicle industry, is investing EUR 15 million as a strategic investor in the start-up Trailer
Dynamics GmbH as part of a financing round, thereby strengthening its technological activities in the field of trailer
electrification.
Trailer Dynamics GmbH, founded in 2018, is driving the decarbonization and increased efficiency of the transport
industry with its innovative solutions. Trailer Dynamics has developed an intelligent electric drivetrain for
e-trailers. This enables a significant improvement in the range of electric trucks and a reduction in greenhouse gas
emissions. The products also provide significant savings in diesel consumption and greenhouse gas emissions in
combination with conventional towing vehicles. The innovative solutions were recently recognized by the jury of the TOP
100 innovation competition. A few days ago, the jury named Trailer Dynamics GmbH "Innovator of the Year 2024."
The company has already reached a high level of maturity, passed successful field tests with well-known partners and is
aiming to industrialize a market-ready series product in the next 18 months. JOST has invested a significant stake in
the financing round successfully placed for this purpose. JOST is thus not only investing in a leading start-up in a
future-oriented segment, but also in a rapidly maturing company for whose plug & play electrification kit JOST can be
both supplier as well as distribution and strategic industrialization partner.
Joachim Dürr, CEO of JOST Werke SE, said: "The transport and logistics industry needs innovative solutions to become
climate-neutral while further increasing the economic efficiency of the industry. The strategic investment in Trailer
Dynamics offers JOST attractive cooperation opportunities to jointly develop new products and solutions to drive the
decarbonization of our society."
Michael W. Nimtsch co-founder and CFO of Trailer Dynamics is looking forward to the future collaboration with JOST.
"Combining our ground-breaking e-trailer technology with the expertise of an established industry leader like JOST is a
significant step to further develop our products and systems and increase our contribution to a zero-emission
transport."
Following the entry of JOST as an investor, Stefan Binnewies, Board member of the Bernard Krone Holding and Chairman of
the Advisory Board of Trailer Dynamics, said: "With JOST, Trailer Dynamics has gained an important strategic investor
alongside Krone and Trane Technologies, which understands and is driving forward the decarbonization of heavy goods
transport. Together, we will further develop the transport and logistics industry in the coming years and open up new
business areas."


Contact:
JOST Werke SE
Romy Acosta
Head of Investor Relations
T: +49 6102 295-379
romy.acosta@jost-world.com
About JOST:
JOST is a leading global manufacturer and supplier of safety-relevant systems for the commercial vehicle industry with
its core brands JOST, ROCKINGER, TRIDEC and Quicke. JOST's global leadership position is driven by the strength of its
brands, its long-standing client relationships serviced through its global distribution network, and its efficient and
asset-light business model. With sales and production facilities in over 25 countries across six continents, JOST
serves manufacturers, dealers and end customers in the transportation, agriculture and construction industries
worldwide. JOST currently employs more than 4,500 staff across the world and is listed on the Frankfurt Stock Exchange.
For more information about JOST, please visit www.jost-world.com

About Trailer Dynamics:
Trailer Dynamics is a technology innovator and has developed a comprehensive and unique solution concept for reducing
diesel consumption for long-haul diesel trucks or increasing the range of battery-electric tractor units (BEV) by
installing an additional functionally reliable electric drivetrain in the eTrailer.
The core of the development is an electric drivetrain that has been outsourced to the trailer and enables the eTrailer
to be coupled to any tractor unit. Trailer Dynamics e-Trailers' intelligent electric drivetrain supports the diesel
tractor unit along the entire route, both when starting off and when tackling inclines. If not all of the electrical
resources are required for the tasks mentioned above, the electric drive permanently supports the tractor unit's diesel
drive over the entire route with the remaining energy.
The eTrailer's electric assist drive significantly reduces CO2 emissions from diesel tractors and boosts the
operational range of BEVs, adapting dynamically to the cargo weight and route topography. This dual approach provides a
versatile solution to greener transportation, aligning with global sustainability goals.
After many international test drives in real-life operation, over 6,000 customer reservations have already been made
for the eTrailer. Trailer Dynamics will be presenting the eTrailer and other innovative solutions at its own stand at
the IAA Transportation 2024 in Hanover. www.trailerdynamics.de

2024-07-10 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com  
Language:     English 
Company:      JOST Werke SE 

Siemensstraße 2
63263 Neu-Isenburg
Germany
Phone:        +49 6102 2950 
Fax:          +49 (0)6102 295-298 
E-mail:       ir@jost-world.com 
Internet:     www.jost-world.com 
ISIN:         DE000JST4000 
WKN:          JST400 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1943305

End of News EQS News Service
===
1943305 2024-07-10 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=download2_file&code_str=744de0fcee2068a7b11f2b946140420f

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1943305&application_name=news&site_id=dow_jones%7e%7e%7e43f1f857-252a-44a4-bbde-f4a32f6a5492

END) Dow Jones Newswires

July 10, 2024 05:02 ET (09:02 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
JOST WERKE SE INH. O.N. JST400 Xetra 42,000 29.07.24 17:35:50 -0,600 -1,41% 0,000 0,000 42,750 42,600

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH