BRIGHSUN TECHNOLOGY PURE ELECTRIC VEHICLES

BRIGHSUN TECHNOLOGY PURE ELECTRIC VEHICLES

Today Core Technology Status & Trends Markets & Structure Outlook

Core Technology Mr Kevin Huang and his engineering team spread across China, USA, Japan and Australia has spent some 8 years developing and refining an advanced lithium-ion battery system which provides the following commercial advantages: Ability to propel a heavy vehicle such as an EBus 800 kms+ on a single electric charge; A no memory battery, so part recharge will not affect the storage capability of the battery; A Battery life of at least 5,000 cycles, more than the economic life of most cars; A Battery that can be recharged directly from the domestic electricity supply; A battery which is 70% recyclable; and, A battery whose manufacture involves very low environmental emissions.

Core Technology - Validation In November 2015, the Brighsun Team won the Guiness World Record for the greatest distance travelled on a single electric charge by an EBus (non-solar). The distance travelled was 1,018 kms. This prestigious award followed on from Australian forensic engineer certification of the City EBus (811 kms/single charge) and the Performance Touring EBus (1,014 kms/single charge).

Core Technology - Implications As the majority of cars travel no more than 300 kms per day and the majority of commercial vehicles less than 800 kms/day, the Brighsun EVehicle propulsion system will offer both consumers and commercial vehicle operators the choice of using an electric vehicle for the very first time. In the majority of cases, there will be no need for Hybrids or Range Extended Vehicles (REVs) for many consumers and commercial operators as a pure electric vehicle will do the daily distance required on a single electric charge.

Core Technology - Detail Intellectual Property Brighsun has its own propriety electric motor, advanced battery and electrical control system. Huzhou Brighsun Materials Ltd Technology Breakthrough Brighsun Full Electric Vehicle s Power System uses our in-house developed magnetic twin point direct current system. This system drives the motor, manages the system and regenerates energy from the vehicle itself. The electronic management system provides additional benefits such as easy charging, self repairing power systems and readily adaptable connections. The energy recycling aspect of Brighsun technology represents a major breakthrough in EV enhancement.

Core Technology - Detail Three significant obstacles for greater usage of EV are currently due to NO. 1 Low capacity and poor cycling life of batteries Huzhou Brighsun Materials Ltd NO. 2 Low endurance distance All three factors relate to battery performance and operation NO. 3 Long charging duration

Core Technology - detail BRIGHSUN BATTERIES Brighsun propriety Li-ion batteries are enhanced with world-leading technologies. The batteries are suitable for installation to all transport applications. Long charging duration

Core Technology - detail BRIGHSUN BATTERIES Brighsun propriety Li-ion batteries have been evaluated against all dimensions to prove its expected contribution to advancing EV adoption and bringing associated benefits ENDURANCE ENVIRONME NT ENERGY PERFORMANCE COST SAVINGS ADVANTAGE

Core Technology - detail BRIGHSUN BATTERIES While there are growing numbers of battery manufacturers, what makes Brighsun batteries an interesting value proposition is their large capacity, high performance and increasing availability, with EV sales continuing to grow year-on-year. Producer endurance distance recovery manufactur ing cost life (mω) internal resistance (mω Brighsun Over 600 >70% <30% 20 years 0.1 Competitor Brand X 316 0 high 2 years 0.6 Competitor Brand Y 368 0 high 8 years 0.4

Core Technology - detail KEY ADVANTAGES Recyclable Low Production Costs High Density Low Friction / Low Operating Temperature High Operating Cycle Abundant availability of Raw Materials

Core Technology - detail BRIGHSUN BATTERIES Brighsun batteries have undergone more than 30 safety tests such as penetration, compression, short-circuit and cutting with out burning or explosion. Its safety factor is significantly higher than products from competitors and exceed the safety requirements of International Regulations. Competitor Cathode Manufactured Battery Performance test Same test Applied to Brighsun Battery

Core Technology - Detail Science behind Core Technology. Particles observed under scanning microscope [SEM] Irregular particles can be observed for materials from other brands

Capacity Retention / % Discharge capacity/ah Core Technology - Detail BRIGHSUN BATTERIES 110 Capacity Retention & 100% & 0.3C 500 BC 500-470 Ah & 0.3C 100 450 90 400 80 350 70 300 60 0 500 1000 1500 2000 2500 3000 Cycle Number 0 500 1000 1500 2000 2500 3000 Cycle number Capacity retention Discharge capacity

Core Technology - detail BRIGHSUN BATTERIES Independent Test Laboratory Certificates

Core Technology detail ELECTRIC MOTOR Minimal Operating Friction Regenerative Power System Operating range near ambient temperatures Advanced unique BMS Software Design Constant battery monitoring and exchange of information from drivetrain to BMS Able to sustain optimised driving conditions in accordance with environment parameters

Core Technology - detail REGENERATIVE POWER SYSTEM Brighsun Regenerative Power System [RPS] captures energy when the Ebus decelerates, drives downhill, brakes or operates at low speed. The RPS delivers results in improved single charge driving distance and less frequent use of brakes. This is illustrated in the diagram below. Batteries Battery Mgt Module High Voltage disconnect control unit Acceleration Control Unit Electric Motor Speed Signal Brake Signal Mechanical Brake Wheel Rotation

Core Technology - Detail REGENERATI VE POWER SYSTEM Depressing the brake pedal generates a signal to the EV control unit via electrical signal to determine amount of required energy. Accordingly, the Control unit will then direct the braking and torque energy back into the Battery system, as illustrated below.

Core Technology - Detail Brighsun Technology Is Undoubtedly The Leading Standard In The World With Achievements Not Yet Demonstrated By Others Features Design Drivetrai 高档组合仪表 n Cluster instrumentation, Camera data capture, 7 colour reversing camera, 10 MP5 speakers and a 19 LED Screen. Fashionable Appearance, low step entry, ergonomic design interior 4 Speed AMT auto transmission coupled to constant speed electric motor, Regenerative energy and high capacity lithium ion battery system.

Core Technology - Detail

Core Technology - Detail Full Vehicle Soak Test High Pressure Water Jet System BRIGHSUN IS THE ONLY MANUFACTURER SUBJECTING FULL ELECTRIC VEHICLES TO HYDRO TESTS WITH ALL PARAMETERS IN OPERATION DURING TEST

Status and Trend In 2012 Global EV Sales Volumes Reached 140,000 units By 2013 Global EV Sales Volumes Exceeded 200,000 units An Increase in Total Sales during second half of 2014 Exceeded 300,000 units Predictions indicate over 500,000 EV Sales by end of year 2015

Status and Trend International Trends EV Sales 2014 119710 54473 15042 13911 13049 13049 24268 U.S. France U.K. Norway German Japan China.

Status and Trend New Energy Vehicle Sales Ratio - 2014 China EV Sales by Vehicle Type

CONTENTS Status And Trend Company Profile Structure The Future

MARKETS & STRUCTURE Trout & Partners, the USA s premier brand building & product positioning group have been retained to advise on products and market focus. Trout have identified major global opportunities in the Ebus (large, medium & small), EVans (both pax and goods) and Ecar product lines (Purchase drivers are comparative cost of ownership compared to traditional vehicles combined with a zero emission product); and, Brighsun's immediate focus will be on the Australian, South East Asia and China markets; then once underway, Brighsun will move speedily into other markets.

STRUCTURE Vehicles & Manufacturing Brighsun EV Group strength is based on its wide offerings and not as emphasised on multiple facilities. Our products are emerging regularly to drive innovation Some organisations see the beauty in an idea. Brighsun EV Group Management acknowledges the beauty inherent in ideas and focuses on questions and efforts on realising that beauty

OUTLOOK

OUTLOOK Even after batteries have reached the end of their useful life in electric vehicles, there are still some valuable applications for which they can be used. Redeploying batteries has the benefit of enhancing the capital value and lifecycle performance of ageing EVs. It could also provide a valuable resource for managing energy grids.

OUTLOOK Brighsun plans to introduce its currently developing Solar Charging Systems as part of a broadening product line Brighsun Research and Development Centre is actively working on innovative designs for enhanced solar powered charging stations

OUTLOOK Complementing its entire range of products, Brighsun will continue to expand operations globally. Plans for Brighsun Materials Technology Centre, Battery Development and Production Facilities, Commercial and Passenger Vehicle Manufacturing Plants are underway.

OUTLOOK Further plans are to introduce and market Brighsun s range of products to International markets with Australia as Full Manufacturer, SKD and CKD platforms with a world class support network. Brighsun will bring high quality products at lower process costs, which can include local production of Brighsun Evehicle bodies mated to Brighsun Evehicle Powertrains. Manufacturing OEM 1 OEM 2 Battery and Electric Motor Systems Austra lia International market 1 International market 2 OEM 3 International market 3

OUTLOOK Great progress has been made in future possibilities of design and performance. Continual improvements in design and function are on the horizon. New Product Development approaches are underway for Ebuses, Evans and Ecars.

OUTLOOK A change in the behaviour of a generation will have a big impact on transportation. For young people assessing their mobility options today, they will be more focused on the economics of being able to get from Point A to Point B with minimal environmental impact. Given the significance of the changes taking place around the world, it is likely that future electric transportation will not just be a cleaner version of what we know today. Rather, EVs are likely to become part of a fundamentally different way in which future generations move around and between cities.

Thank You For Listening Brighsun is keen to engage with investors & operators in different regions and countries so as to rapidly expand its type & availability of electric vehicles for the benefit of all. Brighsun A Global Company Contact: Charles Brent, CEO E: charles@brighsun.com.au +61410 346 385