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Ninety percent of German startups fail in the first three years, but ElectricBrands, the company behind the impossibly cute XBUS EV, says it’s proud not to be one of them. And that’s despite its modular minivan, which we first wrote about in 2020, being delayed twice, and still being over a year from showrooms.

Technically, the company has existed for six years, so it’s already passed that three-year threshold, but more importantly, co-CEO Max Brandt is a adamant that the tiny van will be launched to the market at the end of 2024 or early 2025 following a reveal at a dealer event this November. Brandt says the delays – it was supposed to be on sale last year – are no indication that the project is in trouble, and cites Volvo’s postponement of the EX90 as evidence that timelines shift for big OEMs, too.

ElectricBrands has made some changes to the tiny 143-inch (3,640 mm) XBUS since we saw it last, some of them aimed at increasing its modularity. You might recall that the van’s USP is its 10 modular and interchangeable bodies that can transform it from a passenger van to a panel van, box van, pickup, wagon pickup, convertible or miniature motorhome.

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Related: The XBUS Is An Adorable Electric Small Truck With A Modular Design

 Lego-Like Modular XBUS EV On Track For 2025 Launch, Boss Says

All versions are also available in off-road specification with all-terrain tires and increased ground clearance to go with the all-wheel drive, and if the 124-mile (200 km) electric range from the stock 10 kWh battery isn’t enough, buyers will have the option of upgrading to a 30 kWh pack that extends the range to an impressive 373 miles (600 km). Achieving those distances from such a tiny battery looks like alchemy, but is mostly down to a curb weight of just 1,322 lbs (600 kg), which also means it can get away with a total power output of only 75 hp (56 kW / 76 PS) from its four hub motors. Then again, they do also deliver a whopping 738 lb-ft (1,000 Nm) of torque.

The other changes ElectricBrands has implemented are focused on cutting production costs to enable the high-rise shoebox to launch at the originally mooted prices, or only marginally higher, despite the delays. Back in 2021 the firm said that pricing in Germany would start from €18,070 ($21,431) for the cheapest LCV derivative all the way up to €32,370 ($38,392) for the off-road camper.

The XBUS and its Evetta brother, a modern electric take on the classic BMW Isetta bubble car, will be built at VDL Nedcar in the Netherlands, a contract manufacturing firm that currently builds multiple models for BMW, including the X1.