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1 23 February 2016 Bolt Motorbikes © 2016 Bolt Motorbikes Confidential Nathan Jauvtis PhD, Founder | [email protected] | San Francisco, CA | 415-722-5453 The Future of Urban Transport Founder and Chief Scientist Dr. Nathan Jauvtis [email protected] | San Francisco, CA | 415-722-5453

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Page 1: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

123 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Nathan Jauvtis PhD, Founder | [email protected] | San Francisco, CA | 415-722-5453

The Future of Urban Transport

Founder and Chief Scientist Dr. Nathan Jauvtis

[email protected] | San Francisco, CA | 415-722-5453

Page 2: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

223 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Page 3: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

323 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Past and present informs the future

Page 4: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

423 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Cities are changing

Page 5: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

523 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Cities are growing

Page 6: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

623 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Current transport systems are not sustainable

319 M250 M

Page 7: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

723 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Most trips are short(Source : 2009 NHTS Report)

• US average car trip: 6 miles

• US average commute: under 14 miles

• Time wasted in traffic: 62 hours per year

Conventional options don’t work

• Cars are hard to park / stuck in traffic / $$$

• Buses are slow / unreliable / stuck in traffic

• Motorcycles are heavy / require a special license

• Bicycles are exhausting / range-limited / slow

Getting around in a city is a real pain

Page 8: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

823 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Doing nothing makes these problems worse

Page 9: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

923 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Doing nothing makes these problems worse

Page 10: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1023 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Doing nothing makes these problems worse

Page 11: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1123 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

What about the tech?

“Everything that can be invented, has been invented”

Charles Duell

Commissioner of USPTO(1899)

Page 12: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1223 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

What about the tech?

=

Page 13: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1323 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

What about the tech?

Page 14: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1423 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

What about the tech?

Page 15: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1523 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

What about the tech?

Page 16: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1623 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

What about the tech?

Page 17: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1723 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

What about the tech?

Page 18: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1823 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Page 19: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

1923 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Some cities have thoroughly embraced 2-wheelers

An ordinary day at an ordinary intersection in Taiwan

Population : 23 M Registered 2-wheelers : 15 M

Benefits

Reduced congestion

Good in traffic

Easy to park

Cheaper than a car

Drawbacks

Pollution

Maintenance

License required

Page 20: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

2023 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

People want green but there’s no solution yet

coolthrilling

affordableeasy to ride

approachableno license req’d

dorkyheavy

intimidatinglicense req’d

cheaply madeor overly expensive

E-Motorcycle

E-BicycleE-Scooter

Page 21: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

2123 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Our Mission

Create uniquely-attractive, fully-electric motorbikes for urban transport

that are simple to operate, fun to ride, and desirable to own.

Page 22: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

2223 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

If Tesla and Honda had a love child with Apple…

Page 23: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

part bicycle / part motorcycle

all - electric

M-1 : The Ultimate Urban Transporter

Cool

SmartEco

Page 24: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average
Page 25: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

2523 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Honda Super Cub

87 million units sold

The most popular vehicle in history

Bolt is

Smarter | Cleaner | Simpler

Page 26: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

2623 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Some cool Bolt tech

Page 27: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

2723 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Some cool Bolt tech

Page 28: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

2823 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Some cool Bolt tech

Page 29: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

2923 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Some cool Bolt tech

Page 30: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3023 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

“Luck is where Opportunity meets Preparation”

Seneca

Roman Philosopher

Page 31: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3123 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

“Luck is where Opportunity meets Preparation”

Bolt

Success

Page 32: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3223 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Market Size : build US → expand globally

US

Global

Key Trends

• Europe ($10B) : 1.2M powered 2-wheelers + 750K E-bikes sold (2013)

• S.E. Asia ($55B) : 11M powered 2-wheelers sold (2013)

$7.5BTarget Market

$143MBolt (2020)

• US E-bike growth forecast: 20% per year through 2018 (Source : 2012 Pike Research)

• Increasing urban density

• Increasing electric vehicle ownership • Connected devices

• Renewable energy development • Gas is expensive

Page 33: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3323 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Bolt Motorbikes merges passion with capability

Zach Levenberg, Co-Founder & CTO

Mechanical Engineering and Robotics

Nathan Jauvtis, Founder & Chief Scientist

Ph.D. Mechanical Engineering, Cornell University

50 years + 150,000 milesriding experience

electric motorcycle, scooter

and wheelchair production

patented battery anddrivetrain technology,

more pending

Don Hutchison, Advisor

Page 34: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3423 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Bolt Motorbikes merges passion with capability

Noah Sherman, VP Consumer CareJosh Rasmussen, Co-Founder & CEO

Marla Fong, Communications Liaison

Over a decade in autoand technology

sales experience

Internationally- recognizedbrand development

Page 35: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3523 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Bolt Motorbikes merges passion with capability

Bryan Curtin, Mechanical EngineerNick Nieminen, New Guy

Robotics

Renewable Energy Engineering

Photovoltiac Engineering

Mechanical Engineering

Page 36: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3623 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Faraday, Kalkhoff, Stromer

Competition

E- bicycle

E- scooter

Gas scooter

Brands Attributes Price Range

Unhip, low power and low range, flimsy construction

$3000 - $7000

Stealth, Genze, Xkuty

Expensive, requires license, insurance, registration $4000 - $12000

Yamaha, Sym, Vespa

Requires gas, oil, maintenance, license, insurance, registration

$3500 - $6000

In a crowded market, Bolt stands out.

• Rugged construction built to handle city riding

• Unique style

• High-tech, low-maintenance

• No paperwork

Page 37: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3723 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

Bolt’s Secret Sauce

First to market with most popular form factor in history

Fanatical focus on user experience

Bolt controls production • Convert raw materials to finished goods faster than anyone else

Integrated SW / HW solution• optimize customer experience

Ultra-low cost of ownership• Saves users time and money• Increases quality of life

Experienced team• Volume production• Science• Riding• Sales

Technology-driven … not just an afterthought• Mobile connectivity• Patented battery and drivetrain tech

Page 38: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3823 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

M-1

Product Roadmap

New Models

MSRP

Average Cost of Goods

2016

$5500

$4900

Product Milestones

Beta test Production

2017 2018 2019

$5500

$4000

Enhanced perf.High-volume mfg.

M-P

$6000

$3100

Introduce multi-platform motorbike

M-C

$6000

$2200

Introduce motorcycle class

M-1S

Page 39: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

3923 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

My childhood memory

Page 40: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

4023 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

The future of urban transport …

Rolls on two wheels

Is electric

Is connected

Can be ridden by anyone

Page 41: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

Thank You

Nathan Jauvtis PhD, Founder | [email protected] | San Francisco, CA | 415-722-5453

Page 42: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

Appendix

Page 43: Dr. Nathan Jauvtis Founder and Chief Scientistsite.ieee.org/scv-ces/files/2015/06/Bolt-IEEE-R-02.pptx.pdf(Source : 2009 NHTS Report) • US average car trip: 6 miles • US average

4323 February 2016Bolt Motorbikes

© 2016 Bolt MotorbikesConfidential

APPENDIX B: Tech specs