Mia Dynamics Motors LTD
TTASE:MIA27.20
ILA
-0.30
(-1.09%)
Mia Dynamics Motors LTD
TASE:MIA
(Tel Aviv Stock Exchange)
Recent
price
27.20
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Mia Dynamics Motors Ltd (MIA.TA) develops and manufactures lightweight electric vehicles and advanced electric propulsion systems for urban mobility solutions. The company offers core products including the Toba electric micro-car designed for short-range city commuting; modular electric powertrains featuring in-wheel motors, direct-drive technology, and integrated batteries; and customized EV platforms for last-mile delivery, passenger transport, and commercial fleets. These solutions emphasize ultra-low weight, high energy efficiency, zero emissions, and autonomous-ready architectures, targeting municipal operators, logistics providers, and ride-sharing services in dense urban environments [ from prior][ from prior]. Founded in 2017 and headquartered in Yehud, Israel, Mia Dynamics operates primarily in Europe and the Middle East, with production facilities in Israel and expansion plans into key urban markets worldwide. The company serves B2B customers such as fleet operators and public transit authorities through turnkey vehicle deployments and retrofit kits for existing chassis [ from prior].[ from prior] In the past two years, Mia Dynamics has undergone significant strategic developments, including a 2023 merger with Green Propulsion Ltd to enhance its in-wheel motor technology portfolio; a major funding round in 2024 led by institutional investors to scale Toba production; and a strategic partnership with European logistics firms announced in late 2024 for pilot deployments of 500 micro-EVs. Additionally, the company launched its next-generation modular powertrain in mid-2025, capable of 200km range and Level 4 autonomy integration, alongside expansion of manufacturing capacity to 10,000 units annually [ from prior].