Executive Summary GOVECS is lead by an highly experienced management team that combines a wide spectrum of international backgrounds and competences. Thomas Grübel CEO Nicholas Holdcraft CTO Krystian Pula Operations Director Poland CEO e-max ev s Germany Ltd. August 2006 December 2008 Founder GGC and e-max, a leading brand for E-Scooters Entrepreneur since 1995 12 years experience in E- Scooter development and production in Asia and Europe Over 10 years in project management functions including 3 years of engineering experience at Vectrix Deep knowledge in managing international projects Strong technical experience in development and production of complex hightech products Held key roles in start up of two green field production facilities; Fully responsible for establishing and leading the legal, IT and Finance departments More than 10 years experience in large and small automotive operations and finance management 2
Overview of sites Sites in Europe Sites in Detail Headquarter Munich Activities: Marketing & sales, finance, operations and HR Located in downtown Munich Munich Wrocław Plant Wrocław Activities: Product development, production, quality management, logistics, technical and customer service One of the most advanced and flexible manufacturing facilities in Europe with 2 assembly lines Each line has a capacity of 400 vehicles/ months/ shift 3
GOVECS USPs GOVECS...... is the only European OEM producing E-Scooters in mass production... is the only producer that develops and produces solely in Europe... is able to provide short delivery times due to European based production... is steadily redesigning the scooters making them more efficient and using the latest upstream products... is able to offer worldwide service activities together with BOSCH GOVECS products...... meet the highest quality standards... are sold at competitive prices... can be produced at competitive costs due to Poland based production... are made of upstream products especially designed for GOVECS by exclusive premium suppliers GOVECS is the number 1 European producer of E-Scooters 4
Products S-Series Models GO! S1.2 GO! S2.4 1 GO! S3.4 Comparable to Motor Torque Battery Brakes Max. speed Range Charging time 50 cc Brushless 54 Nm Silicon Hydraulic disk brake 45 km/h 50-60 km 4-5 h, approx. 2 h to 85% 50 cc Brushless 54 Nm Lithium Hydraulic disk brake 45 km/h 60-100 km 4-5 h, approx. 2 h to 85% 125 cc Brushless 114 Nm Lithium Hydraulic disk brake 80-85 km/h 50 70 km 4-5 h, approx. 2 h to 85% Special features Available as + version with 62 km/h and 25 km/h version 5
Products T-Series Models GO! T1.2 1 GO! T2.4 1 GO! T3.4 Comparable to Motor Torque Battery Brakes Max. speed Range Charging time 50 cc Brushless 54 Nm Silicon Hydraulic disk brake 45 km/h 50-60 km 4-5 h, approx. 3 h to 85% 50 cc Brushless 54 Nm Lithium Hydraulic disk brake 45 km/h 60-90 km 4-5 h, approx. 3 h to 85% 125 cc Brushless 114 Nm Lithium Hydraulic disk brake 80-85 km/h 50 70 km 4-5 h, approx. 3 h to 85% Special features Storage capacity of 20 kg in the front and 320 liters/ 75 kg in the rear Storage capacity of 20 kg in the front and 320 liters/ 75 kg in the rear 6
New Product Innovation GO! S/T 1.4 with removable batteries Models GO! S1.4 GO! T.4 Comparable to Motor Torque Battery Brakes Max. speed Range Charging time 50 cc Brushless 54 Nm Lithium Hydraulic disk brake 45 kph (also as25 kph version available) 50 km (at 25 kph even up to 80 km) 4-5 h, approx. 2 h to 85% 50 cc Brushless 54 Nm Lithium Hydraulic disk brake 45 kph (also as25 kph version available) 50 km (at 25 kph even up to 80 km) 4-5 h, approx. 2 h to 85% Special Features Removable batteries: 15kg per battery pack Everywhere chargeable: in regular power sockets e.g. outside houses or inside appartments Endless range due to removable and exchangeable battery packs The cargo scooter has a storage capacity of 20 kg in the front and 320 liters/ 75 kg in the rear 7
Electric Cargo Scooters Four models T1.2, T1.4, T2.4, T3.4 with max. speed of 85 km/h Maximum flexible charging by integrated charger and removable battery packs. Optional windshield in two sizes Smooth acceleration Due to a special frame any cargo-box can be mounted Lithium-battery pack with premium Panasonic-cells and diagnostic software 15% less weight in comparison to competitors due to high efficient belt transmission Completely new developed cargo frame Excellent range Low centre of gravity even with revenue load (max. 175 kg incl. driver) Outstanding dynamic handling characteristic in comparison to competition Low setting guarantees a great driving experience and vehicle control 8
Benefits Ideal for urban requirements and fast transports Cost efficient Great maneuvreability Silent Small parking space needed Odourless Excellent range Eco friendly Light weight vehicles Flexible charging No traffic jams Low charging time 9
Saving Potential Based on: 100 km / per scooter / per annum Petrol Price = ~1,60 per litre Electricity tariff = ~ 1 on 100 km Remark: Savings for maintenance and inspections are not even calculated. 10
GOVECS Differentiators Performance Handling Quality Smooth but powerful acceleration Efficient drive train system Lightest scooter in the market Excellent distance range High energy density Panasonic/ Samsung lithium cells Unique integrated charging Low center of gravity Charging through common power sockets High charging flexibility Easy maneuverability Excellent balance Produced in EU Certified workflow processes After sales service Highly experienced employees High percentage of European suppliers Audited to be a licensed EUmanufacturer GOVECS offers high quality products at competitive price levels 11
GOVECS Sales Development GOVECS B2B pipeline Potential future customers (S- and T-Series) GOVECS markets its scooters to communities and municipals in Europe as well as service companies such as: Current customers (S- and T-Series) The worlds largest Automotive Service organisation, BOSCH Car Service has chosen GOVECS as the exclusive 2-wheel partner. Current European tender programs Belgian Post Expected project execution: Q3/2012 Tender volume: 2.600 scooters Correos Spain Expected project execution: Summer 2012 Tender volume: 225 scooters/ year GOVECS offers the ideal product for all BOSCH mechanics around the World (100.000 in 200 countries) to get familiar with electric mobility. Therefore, GOVECS engineers giving frequent trainings to the BOSCH technicians. GOVECS Scooters are available in more than 18 countries.
Service Partnerships Worldwide service- and sales activities together with BOSCH Service activities in Germany The service partnership with BOSCH is currently active in the following countries GOVECS mobility warranty executed by ADAC 24/ 7 hotline Delivery of scooters to BOSCH Service from ADAC help services ADAC financing of vehicles for private end- and industry customers (start in Q1 2012) GOVECS E-Scooters are the first electric vehicles, which are offered a financing contract by ADAC GOVECS is responsible for the supply of spare parts for all models to BOSCH 1 Liable and fast support on spare parts is secured Germany Austria Switzerland Scandinavia Vehicle repair Guarantee process Spare parts sales Vehicle entry Delivery inspections Inspections Spare part sales Repair Guarantee process The service partnership with BOSCH is a unique selling proposition and quality differentiator 13
QUALITY GOVECS Positioning Within the E-Scooter Market Premium quality because of own production facility in Poland Direct China imports without technology upgrade Direct China imports with technology upgrade GOVECS definition of quality Consistent selection of exclusive premium suppliers Direct linkage of engineering and production Quality of workmanship Made in Europe Quality audits by DEKRA and other testing institutes A team which is convinced about electrical mobility SERVICE GOVECS has been awarded with the e-scooter of the Year Award in 2011 and 2012 14
Progressive Quality Standards GOVECS developed the first Battery Diagnosis Software Tool which: Analyses and visualizes the health status of the battery at any time Identifies each and every battery cell Increases the resale value of GOVECS e-scooters Makes the inside of the battery transparent and comprehensible Supports the right battery treatment which prolongs the life expectancy 15
Petrol Scooter vs. E-Scooter between 5-6 on100 km loud exhaust emission and smelly odor Fossil fuels Large number of movable parts = complete maintenance necessary Cost-efficient (<1 on 100 km) silent inodorous Emission free = environmentally friendly easy charging (reg. power socket) 70% less maintenance constant high torque 16
Conclusion Highly experienced management team State-of-the-art technology and highquality product range Great product portfolio and diversity Excellent sales channels & service partnerships Attractive growth market Favourable market development with increasing energy costs and environmental awareness 17
18 Thank you for your attention!