caixa empreender award 2016| charge2change (cohitec)

1

CHARGE2CHANGE

Zinc-CopperLead-Acid

Dry Cell

2

Nickel-Iron

Nickel-Cadmium

Lithium-Ion

Nickel Metal Hidrates

Cap

acity

Wh/

Kg

2000195019001850 2050

50

100

200

1000

Source: C.-X. Zu & H. Li Energy Environ. Sci. 4, 2614–2624 (2011)/Avicenne

1800

Zinc-CopperLead-Acid

Dry Cell

3

Nickel-Iron

Nickel-Cadmium

Lithium-Ion

Nickel Metal Hidrates

Cap

acity

Wh/

Kg

2000195019001850 2050

50

100

200

1000

Source: C.-X. Zu & H. Li Energy Environ. Sci. 4, 2614–2624 (2011)/Avicenne

1800

Magnesium Ion Lithium

Sulfur

Lithium-Oxigen

Estimated!

Maximum?

41860

Pb Slow Charge

Low Life Cycle

UPS

2016

Gaston Planté Henri Tudor

Supercapacitor?

5

6

7

8

Long Distances

Short Distances

FastSlow

9

High energy storage

Low energy storage

Fast Charge

Slow Charge

Lead,Acid

Li,Ion

Supercapacitors

10

Lead,Acid

Li,Ion

SupercapacitorsCHARGE2CHANGE

High energy storage

Low energy storage

Fast Charge

Slow Charge

11

Lead,Acid

Li,Ion

SupercapacitorsCHARGE2CHANGE

High energy storage

Low energy storage

Fast Charge

Slow Charge

12

Lead,Acid

Li,Ion

Supercapacitors

CHARGE2CHANGE

High energy storage

Low energy storage

Fast Charge

Slow Charge

SOLUTION(subtitle

13

Lead Battery

Li-ion Battery

C2C

Energy density (Wh/Kg)

40 160 50

CHARGE2CHANGE

SOLUTION(subtitle

14

Lead Battery

Li-ion Battery

C2C

Energy density (Wh/Kg)

40 160 50

Charging time (Industrial application)

8h 2h 15min

CHARGE2CHANGE

SOLUTION(subtitle

15

Lead Battery

Li-ion Battery

C2C

Energy density (Wh/Kg)

40 160 50

Charging time (Industrial application)

8h 2h 15min

Lifetime (Year)

4 10 >16 (4x)

CHARGE2CHANGE

SOLUTION(subtitle

16

Lead Battery

Li-ion Battery

C2C

Energy density (Wh/Kg)

40 160 50

Charging time (Industrial application)

8h 2h 15min

Lifetime (Year)

4 10 >16 (4x)

Price (€) 12V battery

75 350 120

CHARGE2CHANGE

17

TECHNOLOGY

18

TECHNOLOGY

• Dendrites - 3D Structure • High specific area • High charging speed

19

TECHNOLOGY

• Dendrites - 3D Structure • High specific area • High charging speed

Innovative approach to Electroplating

Single-step production

Low-cost process

Lead-free

20

USA

Brazil

Europe

Japan

SouthAKorea

Europe (38 countries): Albania, Austria, Belgium, Bulgaria, Switzerland, Cyprus, Czech Republic, Germany, Denmark, Estonia, Spain, Finland, France, UK, Greece, Croatia, Hungary, Ireland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Monaco, Macedonia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Sweden, Slovenia, Slovakia, San Marino, Turkey

USAEurope

Brazil

South Korea

Japan

Motive power applications

21

Market Size

Valu

e Pr

opos

ition

22

Market Size

Valu

e Pr

opos

ition

23

Lead-acid batteries power 99% of electric forklift trucksPROBLEM

24

PROBLEM

Lead and Sulfuric acid

4 problems:

8 hours to charge Short lifetime High toxicity

25Replace every 4 years

Lead-Acid

No opportunity charge

Lead-acid batteries power 99% of electric forklift trucks

PROBLEM

1º Shift 2º Shift

Battery ABattery B

On dutyOn duty

ChargingCharging

Multi-shift operation

26

(Extra)

+

Lead-Acid+

Up to 2 Tons

Option 1 Option 2

PROBLEM

Forklift AForklift B

On dutyOn dutyCharging

Charging

+

Multi-shift operation

27

1º Shift 2º Shift

Battery ABattery B

On dutyOn duty

ChargingCharging

Option 1 Option 2

1º Shift 2º Shift

(Extra)

+

Lead-Acid+

Up to 2 Tons

SOLUTION

28

Lead-Acid Battery

10 000 cycles (>10 years) 15min

Low environmental impact

Lead-Acid

Recharge during breaksLong lifetime

SOLUTION

1 battery is all you need for the entire forklift lifetime 29

Lead-Acid Battery

10 000 cycles (>10 years)

Long lifetime

15min

Low environmental impact

Lead-Acid

Recharge during breaks

SOLUTION

1 battery is all you need for the entire forklift lifetime 30

Lead-Acid Battery

CHARGE2CHANGE

10 000 cycles (>10 years)

Long life time

15min

Low environmental impact

Lead-Acid

Recharge during breaks

“If the battery could be recharged during the lunch break, we could avoid an extra battery and that would be an advantage”

António Fernandes Director of Innovation and Processes Department

Luís Simões, S.A.

Lead-acid

4 500 9 000 13 500 18 000

€ / year

Forklift + Electricity + Charger

Battery + maintenance

Infrastructure maintenance

Labor Cost

Total annual ownership cost

COST BENEFIT ANALYSIS

ToddARamsden,AAn#Evaluation#of#the#Total#Cost#of#Ownership#of#Fuel#Cell7#Powered#Material#Handling#Equipment,A2013.AAReportAfundedAbyAU.S.ADepartmentAofAEnergy’sAFuelACellATechnologiesAOffice

Lead-acid

C2C

4 500 9 000 13 500 18 000

€ / year

Forklift + Electricity + Charger

Battery + maintenance

Infrastructure maintenance

Labor Cost

Total annual ownership cost

COST BENEFIT ANALYSIS

ToddARamsden,AAn#Evaluation#of#the#Total#Cost#of#Ownership#of#Fuel#Cell7#Powered#Material#Handling#Equipment,A2013.AAReportAfundedAbyAU.S.ADepartmentAofAEnergy’sAFuelACellATechnologiesAOffice

Lead-acid

C2C

4 500 9 000 13 500 18 000

€ / year

Forklift + Electricity + Charger

Battery + maintenance

Infrastructure maintenance

Labor Cost

Total annual ownership cost

COST BENEFIT ANALYSIS

ToddARamsden,AAn#Evaluation#of#the#Total#Cost#of#Ownership#of#Fuel#Cell7#Powered#Material#Handling#Equipment,A2013.AAReportAfundedAbyAU.S.ADepartmentAofAEnergy’sAFuelACellATechnologiesAOffice

Lead-acid

C2C

4 500 9 000 13 500 18 000

€ / year

Forklift + Electricity + Charger

Battery + maintenance

Infrastructure maintenance

Labor Cost

Total annual ownership cost

COST BENEFIT ANALYSIS

ToddARamsden,AAn#Evaluation#of#the#Total#Cost#of#Ownership#of#Fuel#Cell7#Powered#Material#Handling#Equipment,A2013.AAReportAfundedAbyAU.S.ADepartmentAofAEnergy’sAFuelACellATechnologiesAOffice

Lead-acid

C2C

4 500 9 000 13 500 18 000

- 50%

€ / year

Forklift + Electricity + Charger

Battery + maintenance

Infrastructure maintenance

Labor Cost

Total annual ownership cost

COST BENEFIT ANALYSIS

ToddARamsden,AAn#Evaluation#of#the#Total#Cost#of#Ownership#of#Fuel#Cell7#Powered#Material#Handling#Equipment,A2013.AAReportAfundedAbyAU.S.ADepartmentAofAEnergy’sAFuelACellATechnologiesAOffice

SLI batteries 64%

UPS 11%

10%

Other 15%

LEAD-ACID BATTERY MARKET FORKLIFTS MARKET

Electric 20%

Electric 30%

Combustion 50%

More batteries than Forklifts indeed!

38 B€ 1 M units

Forklifts Single ShiftMulti Shifts

Average price/battery = 4K€ 1.9 batteries / forklift

Industrial Truck Association (http://www.indtrk.org/market-intelligence)

(5% CAGR) (8% CAGR)

Modern Materials Handling - Top 20 lift truck suppliers, 2015

ROADMAP

37

100K €Month 1

(1st March)Month 12Month 4

Prototype 12V

Month 6

Prototype 24V

Month 8

Performance & Mechanical Tests

Pilot tests ToyotaSelection of Outsourcing

PartnerAndré + Pedro + 1 lab junior staff

ROADMAP

38

100K €Month 1

(1st March)Month 12Month 4

Prototype 12V

Month 6

Prototype 24V

Month 8

Performance & Mechanical Tests

Pilot tests ToyotaSelection of Outsourcing

PartnerAndré + Pedro + 1 lab junior staff

200K €Month 1

(1st March)Month 12Month 4

Prototype 12V

Month 6

Prototype 24V

Month 8

Performance & Mechanical Tests

Pilot tests ToyotaSelection of Outsourcing

PartnerAndré + Pedro + 3 lab junior staff

Battery certification

ROADMAP

39

Year 1 Year 2 Year 3 Year 4 Year 5

Proof of concept & Toyota Pilot tests

Field tests Enter the market Stackers

Enter the market Trucks

Target other applications

Break even

Certification Stackers

Outsourcing

Proof of concept for trucks and certification

BUSINESS MODEL

Outsourcing

C2C

Toyota, KION, Mitsubishi, Crown, Jungheinrich

Jerónimo Martins, Sonae, AKI, IKEA, Amazon

EXIT STRATEGY

TRADE SALE

41

TEAMRemaining shareholders

(CAP = 2.5% x 4)

Prof. Fátima Montemor (IST)

Prof. Maria João Carmezim (IPS)

Prof. Maria Teresa Silva (ISEL)

Dr. Sónia Eugénio (IST)

Advisory Board

Ana Gonçalves (Ex. Hovione)

José Pereira (Ex. Director Autosil)

Founders

André Mão de Ferro Rui Pedro Silva

(CAP = 45% x 2)

20112 scientific papers Best master thesis (SPM)

20132014

Patent application2015 2016Patent Licensing (IST)

Semi Finalists

CHARGE2CHANGE

c2c.chargetochange@gmail.com

“This could be something REVOLUTIONARY…”

José Canário Warehouse & Distribution Supervisor

Luso Medicamenta, S.A.