LiDAR and the Autonomous Vehicle Revolution for Truck and Ride Sharing Fleets

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July 12, 2017 LiDAR and the Autonomous Vehicle Revolution for Truck and Ride Sharing Fleets Louay Eldada CEO and Co-founder, Quanergy Systems

New Paradigm in 3D Sensing Disruptive Technologies: Solid State 3D LiDAR sensors Advanced embedded processors Inertial Measurement Units (IMU) Advanced Systems: ADAS, Autonomous Vehicles Smart Homes, Smart Security Robots, Drones, 3D-Aware Devices Smart Solutions: Global daily-updated cm-accurate 3D HD Map GPS-free Navigation through SLAM Smart IoT 2

Our Mission Save Energy Save Space Save Lives Save Time Save Money Safety Efficiency 3

Our Position Quanergy is the leader in advanced sensing innovation Leadership position is in both hardware and software, enabling full system solutions Awards & Recognition: 4

LiDAR Application Pillars Industrial Automation Mapping Transportation Security 5

Some LiDAR Applications 3D Mapping & Navigation Safe & Autonomous Vehicles Fleets Terrestrial & Aerial Robotics 3D LiDAR sensors enable safety and efficiency in areas unserved due to: (1) COST (2) PERFORMANCE (3) RELIABILITY (4) SIZE (5) WEIGHT (6) POWER Smart Cities Industrial (Mining, Logistics, etc.) Smart Homes 3D-Aware Smart Devices 6

Why LiDAR LiDAR is the most accurate perception sensor: 3D shape with high resolution up to max range Distance with high accuracy Orientation Intensity LiDAR Radar Video Sensing Dimensions 3D 1D 2D Range +++ +++ Range Rate ++ +++ Field of View +++ ++ + Width & Height +++ + 3D Shape +++ Object Rec @ Long Range +++ Accuracy +++ + Rain, Snow, Dust ++ +++ Fog + +++ Pitch Darkness +++ +++ Bright Sunlight +++ +++ Ambient Light Independence +++ +++ Read Signs & See Color + +++ Transmitter Receiver Obstacle Time of Flight Measurement 7

Solid State vs. Mechanical LiDAR Mechanical LiDAR Expensive, Large, Heavy, High Power, Low Performance, Low Reliability Solid State LiDAR (Quanergy S3) Low Cost, Compact, Lightweight, Low Power, High Performance, High Reliability 8

Product Roadmap Gen 3 Solid State (S3 ASIC) Gen 2 Solid State (S3, S3-Qi) Gen 1 Mechanical (M8) 1 Patent Granted 9 Patents Pending 15 Patent Apps in Prep MCM: Multi Chip Module ASIC: Application Specific Integrated Circuit 9

S3 ICs Main S3 ICs, all based on Si CMOS: Transmitter: S3 LiDAR OPA (Optical Phased Array) Photonic IC OPA Control ASIC for beam forming/steering Receiver: SPAD (Single Photon Avalanche Diode) Array IC ROIC (Read Out IC) with TDC (time-to-digital converter) circuitry Processor: FPGA for processing raw data into point cloud ARM-based processor for data fusion, perception and object list generation 10

S3 Operation Principle S3 Inside View Far Field Spot OPA SPAD (Single Photon Avalanche Diode Geiger mode APD) Array IC Transmitter OPA (Optical Phased Array) Photonic IC with far field radiation pattern (laser spot) Overlaid far-field patterns for various steering angles 11

S3 Performance & Unique Capabilities No mechanical moving part no wear, no misalignment, no recalibration, no eye safety issue, MTBF > 100,000hrs operation Large FOV (120 ), long range (150m) High resolution, high accuracy (at 100m spot size < 5cm, accuracy < 5mm) Software defined beam forming Zoom in/zoom out for coarse & fine view Random access in entire FOV, no sequential scanning required Adjustable window within field of view Arbitrary point density within each frame Software defined frame rate 12

Headlight-Integrated S3 Developed with Koito, largest global maker of automotive headlights, first automotive headlight with built-in LiDAR sensors Each headlight, located on a corner of a vehicle, incorporates two S3 solid state LiDARs that sense forward and to the side The headlight protects the sensors from dust, dirt and water, and lens washers ensure an unobstructed view for the sensors World Premiered at CES 2017 13

3D Composite Point Cloud Terrestrial Mapping 14

3D Composite Point Cloud Aerial Mapping 15

3D Composite Point Cloud Aerial Mapping 16

Advanced Driver Assist Systems (ADAS) Lane Keeping Parking Assist Blind Spot Detection Adaptive Cruise Control & Traffic Jam Assist Front/Rear Collision Avoidance Cross Traffic Alert & Intersection Collision Avoidance Autonomous Emergency Braking & Emergency Steer Assist Object Detection, Tracking, Classification Scene Capture & Accident Reconstruction 17

Typical Commercial ADAS Volvo System Built by Delphi Video camera 50 RADAR Sensor 12 RADAR Sensor LiDAR Sensor Driver Blind Spot Areas not blue/pink: System Blind Spot 18

Quanergy ADAS Video camera 50 RADAR Sensor 12 RADAR Sensor LiDAR Sensor Driver Blind Spot System Blind Spot Actual LiDAR range 10x longer 19

Autonomous Vehicle Sensors LiDAR is the primary sensor. As such, it is used for: 1. Perception 2. Localization 3. Navigation 20

Autonomous Driving Based on Deep Learning Perception Pipeline 1. Vehicle LiDAR Raw Input Corrected point cloud using IMU, and video frames Partner 2. Occupancy Map Created using LiDAR-video sensor fusion, probabilistic map informs which voxels are likely occupied 3. Object Detection & Tracking Run LiDAR and video output into a neural network that was trained to recognize and classify objects (cars, bikes, pedestrians, etc.) 4. Localization Determine position by registering within a pre-existing HD map, localize in a lane: use GPS, place car in lane, compensate for errors of GPS (GPS accuracy: several meters, accuracy needed: several cm) 5. Path Planning Run algorithms to perform path/motion planning, taking into consideration car kinematics, decide whether to stay in lane or switch lanes 6. Navigation After intensive computation, if decision is to take action, actuation in near-real time of vehicle controls to ensure safety and comfort 21

Autonomous Driving Based on Deep Learning Vehicle LiDAR Raw Data Nvidia data collected with Quanergy LiDAR sensors 22

Autonomous Driving Based on Deep Learning Occupancy Map, Object Detection & Tracking Nvidia data collected with Quanergy LiDAR sensors 23

Autonomous Driving Based on Deep Learning Localization, Path Planning & Navigation Nvidia data collected with Quanergy LiDAR sensors 24

Automotive Sensing and Perception Context Car Motion Model Camera Sensor Data Navigation Map 3D - Local Map 3D - Global Map LiDAR Data IMU / GNS Data Vehicle Data Quanergy Perception Software Tracked Classified Objects 25

Levels of Automation for Vehicles NHTSA Level SAE Level SAE Name SAE Narrative Definition Execution of Steering and Acceleration/ Deceleration Monitoring of Driving Environment Backup Performance of Dynamic Driving Task System Capability (Driving Modes) 0 0 Non-Automated 1 1 Assisted 2 2 3 3 4 4 5 Partial Automation Human driver monitors the driving environment The full-time performance by the human driver of all aspects of the dynamic driving task, even when enhanced by warning or intervention systems The driving mode-specific execution by a driver assistance system of either steering or acceleration/deceleration using information about the driving environment and with the expectation that the human driver perform all remaining aspects of the dynamic driving task The driving mode-specific execution by one or more driver assistance systems of both steering and acceleration/ deceleration using information about the driving environment and with the expectation that the human driver perform all remaining aspects of the dynamic driving task Automated driving system ( system ) monitors the driving environment Conditional Automation High Automation Full Automation The driving mode-specific performance by an automated driving system of all aspects of the dynamic driving task with the expectation that the human driver will respond appropriately to a request to intervene The driving mode-specific performance by an automated driving system of all aspects of the dynamic driving task, even if a human driver does not respond appropriately to a request to intervene The full-time performance by an automated driving system of all aspects of the dynamic driving task under all roadway and environmental conditions that can be managed by a human driver Source: Summary of SAE International s Draft Levels of Automation for On-Road Vehicles (July 2013) NHTSA - National Highway Traffic Safety Administration SAE - Society of Automotive Engineers Human driver Human driver Human driver Human driver and system System Human driver Human driver Human driver Human driver System System Human driver System System System System System System n/a Some Driving modes Some Driving modes Some Driving modes Some Driving modes All driving modes 26

Automation Deployment L1 platooning launches this year fuel efficiency Automation up to L2 helps in all vehicles accident reduction Skipping L3 for all vehicles could be wise convenience in traffic jam assist; re-engaging the driver risky; does not improve productivity Passenger vehicles owned by consumers: jump from L2 to L4 (productivity), then L5 (cost savings); if L3 is used, auto-pilot naming should be avoided (Audi, BMW, Daimler, China) Trucks and Ride-sharing Fleets: skip from L2 to L5 cost savings not realized until vehicles are driverless Starting L4/L5 applications are confined work sites Mining/Agriculture L5 vehicles used today (CAT) L5 for on-road 10+ years away; self-driving lanes could accelerate Benefits: L1 cost reduction (fuel) L2 safety L3 safety, convenience (not to be confused with comfort or productivity) L4 safety, comfort, productivity L5 safety, cost reduction (eliminate driver) Responsible and robust implemented of all automation levels have LiDAR as primary sensor 27

Some Public Partners 28

Sensata and Quanergy Strategic Partnership In March 2016, Sensata and Quanergy announced strategic partnership: Exclusive partnership for the ground transportation market Companies to jointly develop, manufacture, and sell component level solid-state LiDAR sensors Quanergy to lead technology development including perception software Sensata to design for manufacture, make, and sell to ground transportation customers Sensata investment in Quanergy and on board of directors 29

Thank You Quanergy Sites: Sunnyvale (HQ) Detroit Ottawa Washington, D.C. London Munich Dubai Shanghai Tokyo Louay Eldada +1-408-245-9500 louay.eldada@quanergy.com www.quanergy.com Quanergy Systems, Inc. Proprietary Rights Statement This document contains proprietary information belonging to Quanergy Systems, Inc.. This document is protected by copyright and trademark laws and is not to be used, in whole or in part, in any way without the express written consent of Quanergy Systems, Inc. 30