vmoto roadshow and agm presentation ...€¢ any forward looking statements included in this...
TRANSCRIPT
![Page 1: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/1.jpg)
A B N 3 6 0 9 8 4 5 5 4 6 0
LL ee vv ee ll 11 22
22 55 11 AA dd ee ll aa ii dd ee TT ee rr rr aa cc ee
PP EE RR TT HH WW AA 66 00 00 00
TT ee ll ee pp hh oo nn ee :: (( 66 11 –– 88 )) 99 22 22 11 66 11 77 55
FF aa cc ss ii mm ii ll ee :: (( 66 11 -- 88 )) 99 33 22 55 55 33 11 33
w w w . v m o t o . c o m
A S X C O D E : V M T
VMOTO ROADSHOW AND AGM PRESENTATION ANNOUNCEMENT 7 NOVEMBER 2011
Vmoto Limited (“Vmoto” or “the Company”) provides its Corporate Update Presentation to be used as part of its European road show in advance of the EICMA International Motorcycle Exhibition in Milan, Italy in November 2011 and to be presented at the Company’s Annual General Meeting to be held in Perth, Western Australia on 15 November 2011.
The EICMA International Motorcycle Exhibition is one of the world’s biggest shows in the scooter industry and is an important part of the marketing of the Emax range of electric scooters manufactured by Vmoto. The Company will be exhibiting at the show, as well as meeting with a number of current and new customers and investors, and is excited about the opportunity to display its range of scooters.
The EICMA Exhibition follows the recent Perth Motorbike and Scooter show at which Vmoto’s Australian distributor, Mr Raymond Rooney, exhibited (see below). Mr Rooney commented that the feedback from the Perth Motorbike and Scooter show was positive and there was a much greater awareness of electric scooters and acceptance of the future growth of the industry.
The Company’s China based Managing Director, Mr Charles Chen, will travel to Perth, Western Australia to be present for the Corporate Update Presentation to shareholders attending the Company’s Annual General Meeting in Perth. At the meeting, the Company will also show recent video footage of its Nanjing manufacturing facility.
For
per
sona
l use
onl
y
![Page 2: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/2.jpg)
V M O T O L I M I T E D
A B N 3 6 0 9 8 4 5 5 4 6 0
2
Contact: Charles Chen Trevor Beazley Managing Director Non-executive Director +86 25 6881 1550 +61 419 939 820 Olly Cairns Non-executive Director +61 (0)8 6267 9030
About Vmoto
www.vmoto.com and www.vmotoltd.com
Australian based Vmoto Limited is a global integrated scooter manufacturing and distribution group listed on the Australian Securities Exchange. Vmoto specialises in high quality motor scooters and All Terrain Vehicles (ATV’s) using state-of-the-art production facilities situated in China. Vmoto also operates an international scooter and ATV trading and distribution business in Shanghai China and a sales, distribution and design centre based in Barcelona Spain.
For
per
sona
l use
onl
y
![Page 3: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/3.jpg)
Corporate UpdateNovember 2011
For
per
sona
l use
onl
y
![Page 4: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/4.jpg)
Disclaimer• The information contained in this presentation is current as at 7 November 2011 and is provided by Vmoto
Limited (ABN 36 098 455 460) (“Vmoto”) as a summary document for information purposes only.
• Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties risks and contingencies, many of which are outside the control of and may be unknown to Vmoto at the time of preparing this presentation.
• Actual future events may vary materially from the forward looking statements and the assumptions on which these statements are based. Recipients of this information are cautioned not to place undue reliance on such forward looking statements.
• The information contained in this presentation is provided in good faith, however, Vmoto makes no representation or warranty as to the accuracy, reliability or completeness of the information. To the extent permitted by law, Vmoto and its officers, employees, related bodies corporate and agents, disclaim all liability, whether direct, indirect or consequential, and whether or not arising out of the negligence, default or lack of care of Vmoto and/or any of its agents, for any loss or damage suffered by a recipient or any other persons, arising out of or in connection with any use or reliance on this presentation or information.
For
per
sona
l use
onl
y
![Page 5: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/5.jpg)
Corporate Overview
• ASX (ASX: VMT) listed global scooter manufacturer, specialising in electric powered scooters
• Head Office in Perth, Western Australia
• Manufacturing facilities in Nanjing, China
• Marketing, Service and Distribution Centre for Europe based in Barcelona, Spain
• Corporate structure– 595m shares on issue(as at 1 November 2011)– Market Capitalisation: ~A$16.6m (as at 1 November 2011) – 12 month price range: 1.5c – 13.5c
For
per
sona
l use
onl
y
![Page 6: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/6.jpg)
Company Highlights
• A global scooter manufacturing and distribution group specialising in high quality and“green” electric scooters, small engines, motor cycles and all terrain vehicles
• Owns manufacturing and export licenses in China for both electric and petrol scooters –reduction in new licences being granted
• Owns 30,000 square metre manufacturing facility in Lishui, Nanjing, China – capacity forapprox. 300,000 units per annum depending on product mix.
• Significant acquisitions since 2006 – Freedomotor Corp (China), CSR Motorcycles(Spain), Emax Electric Scooters (Germany)
• Established global team of 130 employees across Australia, China and Europe, 35distributors
• Current contracts and contracts under negotiation across >50 countries worldwide
• Most widely distributed electric scooter in Europe
• The electric scooter sector is expected to increase to 120 million units by the year 2017(Ref: Pike Research)
• Proprietary design, technology and branding
For
per
sona
l use
onl
y
![Page 7: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/7.jpg)
Progress to Date and 2012
Year Milestone2005 Listed on the ASX
2006 Acquired Freedomotor Corp – China
2007 Acquired CSR Motorcycles – Spain
2008 Completed Stage 1 of Factory (10,000 sq metres) – China
2009 Chinese JV partner acquired to take 100% interestFull manufacturing licence approvals received
2010 Electric focus - acquired Emax of Germany Electric ScootersContract signed to supply electric scooters to Spanish Post
2011 Completed Stage 2 of Factory (20,000 sq meters) – ChinaDominos Pizza Australia order 7 electric scooters for trialBecomes Europe’s No.1 electric scooter brand
2012 Sales roll out, cash flow positive
For
per
sona
l use
onl
y
![Page 8: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/8.jpg)
Organisational Structure
Vmoto Limited
Vmoto Australia Vmoto China Vmoto Europe
R&D QC MANUFACTURINGSERVICE
For
per
sona
l use
onl
y
![Page 9: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/9.jpg)
Directors and senior management
• Charles Chen – Managing Director (China)– Ex-Honda Sundiro Management,18 years experience in motor scooter business– Responsible for Business Operation
• Olly Cairns – Non-executive Director (Australia)– Involved in numerous IPOs and capital raisings for AIM and ASX companies – Strategy, business development, funding & capital markets
• Trevor Beazley – Non-executive Director (Australia)– Experienced in ASX and corporate advisory– Investor relations, Capital Raisings and Funding
• Jacky Chen – Non-executive Director (China) Unrelated to Charles Chen– 25 years experience in the motor/electric scooter manufacturing industry in China– Operational and development support, quality control
For
per
sona
l use
onl
y
![Page 10: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/10.jpg)
Why Vmoto?Early Advantage• Western listed company with Chinese manufacturing facilities and licenses• International JV cooperation with world class companies• Established business cooperation in both Original Equipment Manufacturing (OEM)
and Business to Business (B2B) companies internationally
IP Design/Technology• Vmoto own product designs from Europe• Vmoto own technology and development in both electric and petrol engines
The Combination between Western and Chinese• Western advantage in products planning, R&D, marketing and service• Chinese advantage in industrial infrastructure, manufacturing and cost• Vmoto is a unique position as a Western listed entity owning Chinese based
manufacturing plant
Target markets• Electric vehicle power solution to retail customers - B2C• Government Incentives and directives to reduce emissions - B2B• A new lifestyle transportation solution - World Market• A worldwide distribution channel with flexible cooperation with local distributors
For
per
sona
l use
onl
y
![Page 11: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/11.jpg)
Objectives and Strategy• Become a global brand leader in the electric transportation space
• Increase sales to breakeven and cash flow positive, expected to be ~8,200 units per annum
• Consolidate on initial fleet orders and ramp up production
• Strengthen management team and Board
• Increase marketing of Vmoto product into other countries including China
• Become a recognised western brand of quality European designed electric and petrol scooters
• Play a pivotal part in the distribution of a new world class manufactured product from China, particularly in electric vehicles.
• Continue cycle of pipeline contracts to ensure orders
• Continue to focus on increasing product range and developing technology
• Assess potential acquisition or synergy opportunities to increase global presence
For
per
sona
l use
onl
y
![Page 12: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/12.jpg)
The Electric Scooter Market
• Electric scooter sector is seen as one of the fastest growing markets over the coming years within the motorcycle industry
• International Governments are providing incentives and directives to reduce global emissions and are embracing the move to greener and more environmentally friendly transportation
• Improved battery technology giving better range, recharging ability and affordability
• Large business to business market (B2B), e.g.– Postal services– Police and fire services– Courier and delivery companies– Fast food delivery– Government fleets
• Retail market expected to follow: quieter, smoother, cost efficient and green
• Pike Research estimates the world electric scooter market to increase from <20 million units per annum (2011) to 120 million units per annum in 2017, 9% compound growth to 2016
• Vmoto is currently the most widely distributed electric scooter in Europe (Ref: Pike Research)
For
per
sona
l use
onl
y
![Page 13: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/13.jpg)
Market TrendF
or p
erso
nal u
se o
nly
![Page 14: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/14.jpg)
Market TrendF
or p
erso
nal u
se o
nly
![Page 15: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/15.jpg)
Vmoto Distributor List 2011 Sales QTY until 2011.10.17
Margin Remarks
Region Country Client
EuropeSpain Intermurcia S.L. 213 33%-35% Evs
Germany MSA Motor Sport 263 15%-18% Evs
UK ZEV Europe Ltd 80 19%-23% Evs
Croatia Gms Marine PTE Ltd 2 22% Evs
Scandinavia Lubadd Technologies 51 20% Evs
France Watto 116 20%-23% Evs
Italy NEMAX Sril 69 22% Evs
TNT (NEMAX srl) 35% Evs
Slovenia Pla-Net 16 20%-22% Evs
Netherland Sebas-wheels 159 20%-22% Evs
CZ E.ON 84 23% Evs
Asia Vietnam Vinashin Motor 500 8% Petrol Scooter
Korea Bike In Co., 276 10% Petrol Scooter
Japan Renewable Energy 21 18% Evs
Malaysia ECLIMO SDN. BHD 500 20% Evs
Oceania NZ HEARTLAND 76 11% Scartt
NorthAmerica
U.S.A Vectrix LLC 324 18% Evs
Electric Avenue 14 22% Evs
SCARTT USA Ltd 1 11% Scartt
Latin America
Canada/Brazil 33%-35% 6 23% Evs
Colombia Autecto 40 20%-23% Evs
Others S. Africa Segway South Africa 1 23% Evs
Others New Clients 4 20% Evs
Sales to DateF
or p
erso
nal u
se o
nly
![Page 16: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/16.jpg)
Global Sales and PipelineF
or p
erso
nal u
se o
nly
![Page 17: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/17.jpg)
Contract pipeline
• Currently in discussions with >40 international groups to test Vmoto models
• Significant time required to evaluate and test models before orders
• Bikes required to meet specific country approval for quality control
• Continuous design and modifications to adapt bikes for specific use
• The electric scooter market is still in its infancy, meaning lead times to meaningful sales and revenue takes longer
• Typical cycle from initial discussions to bulk order can take 6 – 24 months -E.g. Dominos Australia trial bike order took 6 months
For
per
sona
l use
onl
y
![Page 18: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/18.jpg)
Manufactured vs. Profit
(6.0)
(4.0)
(2.0)
0
2.0
4.0
6.0
8.0
10.0
12.0
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
Num
ber o
f sco
oter
s man
ufac
ture
d
Net
pro
fit /
(net
loss
) in
A$
mill
ion
Break even 8200
For
per
sona
l use
onl
y
![Page 19: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/19.jpg)
Margins
• Sales revenue from FY2007 to FY2010 comprised of low margin, high value agency sales from various scooter manufacturers in China. The margin from these sales is normally between 3% to 5%.
• From FY2011 onwards, the Company has concentrated on its own manufactured products, including petrol, electric scooters and the Scartt, which generated gross margin of approximately 21% on average.
• Petrol scooter sales are generally to Vietnamese and Korean customers. The gross margin for petrol scooters is approximately 10% - 12%.
• Electric scooters are mainly supplied to Europe and United States. The orders for electric scooters have increased by threefold since December 2010 and Vmoto has recently appointed 12 new distributors. The gross margin for electric scooters is between 21% and 25%. The gross margin will further improve as orders increase providing greater economies of scale.
For
per
sona
l use
onl
y
![Page 20: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/20.jpg)
Month . 12. 2418.16.14.2. 6 8. 10.4. 20.
Step 1
Step 6
Step 5
Step 4
Step 3
Step 2
Step 7
First visit
Customer feedback &Adjustment – 2 -4 months
Factory modification & Improvement 2 - 4
months
Customer re-evaluation & Feedback – 2 -4 months
Shipping – 1.5 months
Revenue Received– 1 month
Factory Manufacturing – 1
month
Customer Test & Evaluate –2 -4 months
Typical Sales Progression and Manufacturing can take 12-24 monthsF
or p
erso
nal u
se o
nly
![Page 21: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/21.jpg)
Stage 1 Built
Stage 2 Built
Stage 3 Optional
Vmoto China – Nanjing F
or p
erso
nal u
se o
nly
![Page 22: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/22.jpg)
ProductsManufacturing
ServiceImprovement
Sales & Logistics
VMOTO CHINA
R&D
QC/QA
Vmoto Europe Product Design
Global Clients
China OperationsF
or p
erso
nal u
se o
nly
![Page 23: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/23.jpg)
• Located in Lishui, Nanjing – a special economic zone for the manufacturing small vehicles
• Operates under own manufacturing license
• Stage 1 and 2 are completed and comprise over 30,000 square metres of usable factory space.
• Excellent relationship with local government authorities
• Option paid (refundable) for Stage 3 land for future expansion (if decided by board) to 70,000 square metres of manufacturing space
Manufacturing Facility - Lishui, NanjingF
or p
erso
nal u
se o
nly
![Page 24: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/24.jpg)
Manufacturing Facility - Lishui, Nanjing
• Current Capacity: 150,000 units of 2 wheelers annually 150,000 engines annually
• Research & Development:R&D Centre established, continuous development on key technologies with particular emphasis on electric scooter development
• Key parts to be manufactured by the company:
• Ex Honda Management
• Strategically located in relation to a world class deep water container port and part suppliers
For
per
sona
l use
onl
y
![Page 25: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/25.jpg)
Jan 2013Jan 2012
50cc2kW
70cc+4kW
125cc+8kW
E -Scartt
D.G.W
206
120L 120LD
Diamonds +
120SV 120LV
80L (1/2 cost)
190LVx3
Jan 2011
Product Plan 2011-2013F
or p
erso
nal u
se o
nly
![Page 26: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/26.jpg)
Marketing/PR in Europe
Sales & Logistics
VMOTO Europe
Product Design
Training & Maintenance
Vmoto China
Global Clients
Vmoto EuropeF
or p
erso
nal u
se o
nly
![Page 27: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/27.jpg)
Summary• Significant manufacturing facilities and licences in China and global offices provides the
foundation to increase scooter sales over future years as the electric scooter market matures
• Significant barriers to entry for other companies as manufacturing licenses are difficult, costly and take along time to obtain
• Large pipeline of potential global customers with highly anticipated orders for 2012
• Combination of Western company structure, products planning, marketing and services and Chinese industrial infrastructure, manufacturing and cost base.
• Strong international team in design, development, production and sales
• Vmoto is at the forefront of the ‘Electric Revolution’ – an expanding global market as countries and companies look to reduce their carbon emissions
For
per
sona
l use
onl
y
![Page 28: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/28.jpg)
Contacts
Charles Chen Trevor BeazleyManaging Director Non-executive Director+86 25 6881 1550 +61 419 939 820
Olly CairnsNon-executive Director+61 (0)8 6267 9030+61 409 101 551
www.vmoto.com
For
per
sona
l use
onl
y
![Page 29: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/29.jpg)
APPENDICES
For
per
sona
l use
onl
y
![Page 30: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/30.jpg)
“S” ModelsF
or p
erso
nal u
se o
nly
![Page 31: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/31.jpg)
Main Features
Italian Design with Patent Pending
Reverse Function
3 mode shifts
Water-proof LCD speedometer
Battery pack (4 pcs)
Brushless DC Motor
For
per
sona
l use
onl
y
![Page 32: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/32.jpg)
Main Features
Italian Design with Patent Pending
Reverse Function
3 mode shifts
Water-proof LCD speedometer
Battery pack (4 pcs)
Brushless DC Motor
100L
Two side stands
For
per
sona
l use
onl
y
![Page 33: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/33.jpg)
Drive System OverviewHow do we do it?
For
per
sona
l use
onl
y
![Page 34: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/34.jpg)
• One side shaft mechanics, easy for assembly;• Using high quality NdFeB Magnet, high efficiency;• Motor detachable from the rim, each for changing tyres;• High torque at starting, good capacity for payload.
电流A
转速rpm
输出功率W
效率%
80
72
64
56
48
40
32
24
16
8
0
800
720
640
560
480
400
320
240
160
80
0
3000
2700
2400
2100
1800
1500
1200
900
600
300
0
100
90
80
70
60
50
40
30
20
10
018014410872360转矩(N.m
电流转速
输出功率
效率
Maintenance Free Motor
Current
Rotation speed
Output power
efficiency Torque
For
per
sona
l use
onl
y
![Page 35: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/35.jpg)
• From UK---- Sevcon controller• Auto check system diagnostic • Integrated Logic Circuit • Hardware & software failsafe watchdog operation • Supports both PMAC motor and AC induction motor control • Sensor less control for select applications • Integrated fuse holder • IP66 Protection• 3 Mode Options
Compact and reliable AC Controller
Economy Normal Maximum
For
per
sona
l use
onl
y
![Page 36: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/36.jpg)
• Corrosion resisting, grids made of Pb-Ca alloy;
• Under normal operation and usage, the batteries are able to last up to more than
350 deep cycles;
• Minimal self discharge: First month 4%.declines after the second month,
maintains at 90%after a year;
• Low internal resistance and low temperature usage;
• Optimized for high current discharges.
Silicone Compound Electrolyte Battery F
or p
erso
nal u
se o
nly
![Page 37: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/37.jpg)
• Smart charging mode, protect battery properly;• Low internal resistance and low temperature usage.
Smart ChargerF
or p
erso
nal u
se o
nly
![Page 38: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/38.jpg)
ApplicationsF
or p
erso
nal u
se o
nly
![Page 39: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/39.jpg)
ApplicationF
or p
erso
nal u
se o
nly
![Page 40: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/40.jpg)
“L” ModelsF
or p
erso
nal u
se o
nly
![Page 41: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/41.jpg)
Main Features
Italian Design with Patent pending
Reverse Function
3 mode shifts
Water-proof LCD speedometer
Lithium Battery pack with BMS
On board charger
ICM
For
per
sona
l use
onl
y
![Page 42: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/42.jpg)
Main Features
Italian Design with Patent pending
Alum. Frame
Water-proof LCD speedometer
Moveable battery pack
LED Lights
For
per
sona
l use
onl
y
![Page 43: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/43.jpg)
• Modular design– 50cc level:20~40Ah/48V– 70cc + level:50~100Ah/48V– 125cc level:60~80Ah/ 72V
• High energy density• Intelligent cooling system
Lithium Battery Pack with Optimized Structure
For
per
sona
l use
onl
y
![Page 44: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/44.jpg)
Lithium – Ion Battery Management System
Features• Manage 26 units of series connected
Lithium-Ion battery packs at Max. (Max rate voltage 96V)
• Multiple Channels to recording current/voltage/temperature:
26 Channels sampling battery voltage (±5mV) 4 Channels sampling external temperature (±2℃) 2 Channels sampling cell internal temperature (±1℃) 1 Channel sampling charging current (±0.1A) 1 Channel sampling discharging current (±1A)F
or p
erso
nal u
se o
nly
![Page 45: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/45.jpg)
High-Frequency Resonant On Board Charger
3KW EV Charger(3000W/220VAC,1500W/120VAC)
2KW EV Charger(2000W/220VAC,1500W/120VAC)
• Smart charging mode, protects the battery • Wide temperature working range.
For
per
sona
l use
onl
y
![Page 46: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/46.jpg)
0102030405060708090
Veco Vnor Vmax
Speed (km/h)
120S29
120L29
190L43
0.020.040.060.080.0
100.0120.0140.0160.0180.0
Reco Rnor Rmax Rmaxfl
Range (km)
120S29
120L29
190L43
0.0
5.0
10.0
15.0
20.0
25.0
30.0
TAeco TAnor TAmax TAmaxfl
Accelerating time (S)
120S29
120L29
190L43
0.05.0
10.015.020.025.030.035.040.045.050.0
Vup10% Vup20% Vup-fl10%
Top uphill speed (km/h)
120S29
120L29
190L43
Simulated Major Performance (I)
For
per
sona
l use
onl
y
![Page 47: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/47.jpg)
Simulated Major Performance (II)
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
Peco Pnor Pmax Ebat
Input power(kW)& Battery energy(kWh)
120S29
120L29
190L43
0
50
100
150
200
250
300
350
400
120S29 120L29 190L43
Weight (kg)
Wld
Wdrvr
Wbat
Wfr
0
10
20
30
40
50
60
70
80
90
0 5 10 15 20 25
Spee
d (k
m/h
)
Time (S)
Acceleration performance
V-190L43
V-120L29
V-120S29For
per
sona
l use
onl
y
![Page 48: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/48.jpg)
For
per
sona
l use
onl
y
![Page 49: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/49.jpg)
Patented Petrol Engine
• 125cc Liquid Cooled;• Siemens EFI;• M. Power: 6.5/7250+/-100;• Bore/Stroke: 52.4*57.8mm
For
per
sona
l use
onl
y
![Page 50: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/50.jpg)
Scartt 500 UTV- Petrol (Electric version under development)600 Version available 2012
Vehicle type SCARTT, SK500G
Dimension (L×W×H) 2600×1400×1720mm
Wheelbase 1910mm
Tyre specification 27×11-14
Weight 416kg
Stand load 690kg
Max speed 65km/h
Climb ability 25°
Motor type CF188
Battery type Silicon battery
Battery capacity 12V18A
Front suspension type Double rocker arm type suspension
Rear suspension type Double rocker arm type suspension
Front rim type Aluminum alloy
Rear rim type Aluminum alloy
Brake system Front/Rear disc brake
Brake operate system foot operate
For
per
sona
l use
onl
y
![Page 51: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/51.jpg)
Phase 1 Research
Phase 2 Sketch program
Phase 3 Design Development
Phase 4 Clay Modeling
Phase 5 Hard Modeling
Phase 6 Surface Modeling
Phase 7 Engineering Support
Phase 8 Product Graphics, Color and Trim
Design PhasesF
or p
erso
nal u
se o
nly
![Page 52: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/52.jpg)
Developing PhasesF
or p
erso
nal u
se o
nly
![Page 53: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/53.jpg)
Assembling the motor Assembling the functional partsAssembling the plastic covers
Finish the assembling
Debugging and testTest by equipment
PACKING
LOADING
AssemblyF
or p
erso
nal u
se o
nly
![Page 54: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/54.jpg)
PRODUCTION INSPECTION INSPECTIONPackage Delivery
OK
Repair
(not ok but can improve quality)
OK
confirm
(big quality problem )
OK
Clear the order request
TOGETHER
Confirm the order request
Inspection of Vehicle ---Quality ControlF
or p
erso
nal u
se o
nly
![Page 55: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/55.jpg)
ExhibitionsF
or p
erso
nal u
se o
nly
![Page 56: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/56.jpg)
For
per
sona
l use
onl
y
![Page 57: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/57.jpg)
For
per
sona
l use
onl
y
![Page 58: VMOTO ROADSHOW AND AGM PRESENTATION ...€¢ Any forward looking statements included in this presentation involve subjective judgment and analysis and are subject to uncertainties](https://reader038.vdocument.in/reader038/viewer/2022110111/5ac0e7137f8b9ac6688cbd9d/html5/thumbnails/58.jpg)
For
per
sona
l use
onl
y