www.eproinn.com

Solar Hybridization of Conventional Vehicles "Economically Feasible Solution

for Reducing Fuel Consumption and Emissions"

HySolarKit

eProInn srl

Mario D’Agostino madagostino@unisa.it

www.eproinn.com

The Problem!

•  Oil peak •  Increasing and fluctuating fuel price •  Environmental concerns •  Stringent automotive emissions regulations (Euro5, Euro6, etc.) •  Controlled Traffic Zones – no access for polluting vehicles

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slow market penetration •  high price •  low technology knowledge •  insufficient infrastructure

Hybrid and Electric Vehicles seem promising, BUT..

The Problem!

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IN-WHEEL MOTORS

LI-ION BATTERY

PHOTOVOLTAIC PANELS

HySolarKit Solution!from Conventional Vehicle to Plug-in Hybrid Solar"

ON-BOARD CONTROL

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HySolarKit Benefits!•  20-25% fuel consumption •  20-25% emissions reduction •  upgrade EURO2 to EURO3, and so on.. •  recharge with the sun! •  zero-emission driving option for controlled traffic zones •  much lower cost than native hybrid •  performance advantages:

ü  higher torque ü  two propulsion systems ü  advanced control system in difficult driving conditions

•  Pay-back for customers 3-5 years

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HySolarKit First Prototype!

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New (Registered Vehicles)

≈ 1.300.000

B2B

Alternative Fuel Vehicles (LPG/Natural Gas) ≈ 180.000

Existing Vehicle Fleet ≈ 38.000.000

B2C

After-market conversions ≈ 200.000 per year

+40% vs. 2012

+10% vs. 2012

Addressable Market: 10% ≈ 38.000 vehicles €133.000.000

Addressable Market!ITALIAN MARKET

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GLOBAL MARKET

ITALY 40M

EUROPE 260 M

VEHICLE FLEET (PASSENGER) WORLD 700 M

REST 400 M

Potential Market!

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0  

10.000  

20.000  

30.000  

40.000  

1   2   3   4   5  Year  

Sales  (#  kits)  

B2B  

B2C  

Entering the Market!

Year 4!B2C (after-market) 8% "B2B (new vehicles) 5%"

Year 3 "B2C (after-market) 5%"B2B (new vehicles) 1% "

Year 5!B2C (after-market) 10%"B2B (new vehicles) 10%"

Year 2 "B2C (after-market) 1,5%"

Year 1 !Product Engineering"Sales of Pre-release Kits"

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Partners ! ! Customers!

MORE..

AFTER-MARKET B2C

B2B

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Universal Solution !(not specific make/model)"

Solar Energy! Actual Energy Savings !(not just fiscal advantages)"

Affordable !(acceptable pay-back)"

Direct Competition!HyMotion! ✔"SEV! ✔" ✔"Poulsen Hybrid ! ✔" ✔"

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Competitors!

Indirect Competition (retrofit for fuel savings)!LPG and NG after-market conversions"BRC, Landi Renzo, others..!

✔""

✔""

HySolarKit! ✔!!

✔!!

✔!!

✔!!

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Competitive Advantages!

•  Commercializing our European patent ü  Italian with PCT extension

•  University of Salerno spin-off ü  category specific R&D resources

•  Unique know-how and expertise •  Strong industrial stakeholders

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TEAM!

Ivan Arsie

•  Associate Professor in Energy Conversion Systems •  Multiple year research experience in automotive and energy systems

project leading. •  1 patent

Gianfranco Rizzo

•  Full Professor in Energy Conversion Systems •  Chair of the Mechanical Engineering Teaching Council •  Chair of the IFAC TC “Automotive Control” •  1 patent

Vincenzo Marano

•  Research Fellow, Research Advisor •  Multiple years experience (mostly in US) in program management of

university/industry sponsored research programs; •  Multiple year research experience in sustainable mobility

Gina Scorziello

•  Sociologist •  Multiple years experience in EU grants fiscal management

Francesco Di Fiore

•  Master in Economics •  Multiple year experience in (private companies) business consulting

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Cecilia Pisanti

Gianpaolo Noschese

Dario Marra

Pierpaolo Polverino

Mario D’Agostino Massimo Naddeo

Vincenzo Marano

TEAM – The Research Group!

Ivan Arsie

Marco Sorrentino

Cesare Pianese

Gianfranco Rizzo

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B2C After market

B2B New Vehicles

Revenue Stream

Financial Projections and Business Model!

-­‐€  20  

€  0  

€  20  

€  40  

€  60  

€  80  

€  100  

€  120  

€  140  

1   2   3   4   5  

Millions  

Net  

Expenditures  

Year

Installed Price (to customers)!

Labor/Assembly!

Materials!

3500€" 2850€" 2500€"

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Investment and Use of Funds!

Total Capital Need = 1 M€

500k€ R&D

300k€ marketing & sales

120k€ equipment

80k€ working capital

Funding to Date -  EU Leonardo project (80k€) -  Italian Ministry of Education, University and Research, MIUR (about 160k€) -  University of Salerno and private partners (about 20k€) -  Founders (20k€) - Non-monetary support: grad and PhD students, research staff, and University labs utilisation

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ROI Strategy!Interested Parties / Acquisition Targets

Automotive Suppliers

Resource Beyond Capital •  Introduction to CTO Fiat Research Center (CRF), Fiat Chrysler Automobiles

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WORK IN PROGRESS!

Progetto di mobilità sostenibile proposto da Bertone Spa con la realizzazione in Campania di un Polo industriale ad alta tecnologia per la produzione di veicoli ibridi elettrici e kit di ibridizzazione solare.

MOBILITY DIGITAL CENTER

www.eproinn.com

WORK IN PROGRESS!

Converting conventional cars into hybrid and solar vehicles

HySolarKit

www.eproinn.com

HySolarKit

eProInn srl

* preliminary results survey (about 300 people) Mario D’Agostino