caixa empreender award 2016| charge2change (cohitec)
TRANSCRIPT
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
“This could be something REVOLUTIONARY…”
José Canário Warehouse & Distribution Supervisor
Luso Medicamenta, S.A.