ELARIS significantly expands its own software platform and offers even more
powerful vehicles with platform version 3.0

EQS-News: ELARIS AG / Key word(s): Miscellaneous
ELARIS significantly expands its own software platform and offers even more
powerful vehicles with platform version 3.0

22.05.2024 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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ELARIS significantly expands its own software platform and offers even more
powerful vehicles with platform version 3.0

* Numerous new features and roll-out for all portfolio vehicles this year

* BEO family SUV is the first to offer all enhancements

* Next milestone reached in expanding market position

* Specially developed software platform makes ELARIS vehicles unique

Bad Dürkheim, 22 May 2024 - ELARIS AG ("ELARIS", ISIN DE000A37FT17), an
innovative e-mobility company, is significantly expanding its proprietary
software platform with version 3.0. The integration of a large number of new
features makes the ELARIS e-car portfolio even more powerful and unique.
Thanks to the consistent online orientation of operations, user interface
and telematics, ELARIS customers receive state-of-the-art vehicles that
offer the latest technologies at an affordable price.

ELARIS customers can look forward to the following new features:

  * With the integration of the ELARIS platform, there will also be an
    ELARIS 4K display in the vehicle. A retrofit solution will be offered
    for existing customers.

  * ELARIS will make an app available that can be used to control all
    important vehicle functions, e.g. driving with the app, opening doors,
    but also pulling in and out of parking spaces without being in the car.

  * Predictive Service Align: By checking all functions, the software
    recognises in advance whether everything is working properly. Even
    before a defect occurs, the vehicle can be called for service or
    collected.

  * All data in the vehicle are processed in accordance with European data
    privacy laws.

The BEO family SUV from the ELARIS vehicle portfolio will be the first to be
equipped with the additional features of the enhanced software platform.
This will be rolled out to all other ELARIS models over the course of the
year. The comprehensive expansion of the software platform was developed and
implemented by ELARIS with its own team of experts over a period of 15
months. ELARIS is thus strengthening its market position as an innovative
provider of electric vehicles in line with demand at an affordable price.

Lars Stevenson, CEO and founder of ELARIS AG: "The expansion of the software
platform is another important milestone for the growth of our company. I am
particularly proud of the fact that we have put this development on its
feet, or rather wheels, using our own resources and expertise. There is a
clear trend behind the e-mobility company's initiative and innovation:
towards the software-defined vehicle. Our software platform makes our
vehicles unique and clearly sets us apart from our competitors."

Press Contact and Investor Relations

edicto GmbH
Axel Mühlhaus / Svenja Liebig
+49 69 90550 556
elaris@edicto.de


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22.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        ELARIS AG
                   Robert-Bunsen-Straße 1
                   67098 Bad Dürkheim
                   Germany
   E-mail:         info@elaris.info
   Internet:       www.elaris.info
   ISIN:           DE000A37FT17, DE000A2QDEZ3
   WKN:            A37FT1, A2QDEZ
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Munich (m:access)
   EQS News ID:    1908233

End of News EQS News Service
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1908233 22.05.2024 CET/CEST