Ads-tec Energy Plc · NASDAQ:ADSE
Ads-tec Energy — SPAC Merger (October 2021)
20 slides from Ads-tec Energy's SPAC merger presentation, October 2021
Slide 1: ADS-TEC Energy Investor Presentation October 2021
ADS-TEC Energy Investor Presentation October 2021 Mitarbeiterkürzel
Slide 2: Disclaimer (1/3)
Disclaimer (1/3) Disclaimer This investor presentation (this “Investor Presentation”) has been prepared by ads-tec Energy GmbH (collectively comprising the operating subsidiaries of ads-tec Energy GmbH referred to herein as the “Company”)) and European Sustainable Growth Acquisition Corp. (“EUSG” or
Slide 3: Disclaimer (2/3)
Disclaimer (2/3) Use of Non-GAAP Financial Measures This Investor Presentation includes certain financial measures not presented in accordance with IFRS, including, but not limited to, EBITDA and certain ratios and other metrics derived therefrom. These non-IFRS financial measures are not measures o
Slide 4: Disclaimer (3/3)
Disclaimer (3/3) No Offer or Solicitation This communication is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities pursuant to the proposed business combination or otherwise, nor shall there be any sale of securities in any
Slide 5: ADS-TEC Energy / EUSG Key People
ADS-TEC Energy / EUSG Key People ADS-TEC Energy Thomas Speidel Robert Vogt David Vieau John Neville Thorsten Ochs Hakan Konyar Founder & Chief Financial Officer Head of Strategic Chief Sales Officer Chief Technology Chief Operating Officer Chief Executive Officer Market Development Officer 20+ years
Slide 6: Strong Market Tailwinds in the Global EV Market
Strong Market Tailwinds in the Global EV Market Despite the COVID-19 pandemic & semiconductor shortages, EV registrations have quickly increased supporting ADS-TEC’s growth agenda. Transportation core part of government climate agendas United States Europe EV growth accelerates • Target of 50% new E
Slide 7: Recent actions Taken by ADS-TEC Energy
Recent actions Taken by ADS-TEC Energy ✓ ✓ ✓ ✓ ✓ BCA Entered the Expanding the ADS- Key New Customers Expanding Market anouncement US Market TEC team & Repeat Business Segments ▪ ADS-TEC has significantly ▪ Strengthened and expanded Selected new contracts ▪ ADS-TEC has identified and Aug 11, 2021 ac
Slide 8: EV Charging Bottlenecks
EV Charging Bottlenecks 1 • US currently has 43k public EV stations and 120k ports Charging infrastructure needs to Increasing the availability of (DOE), unevenly distributed expand quickly to meet demand charging stations • Less than 10% households have access within ¼ mile (~$32bn global market in
Slide 9: Major Oil & Gas / Automotive Companies Rethink Strategy as world transitions to low-carbon future
Major Oil & Gas / Automotive Companies Rethink Strategy as world transitions to low-carbon future Oil & Gas Building a resilient core business Automotive industry • Oil & gas companies setting net-zero- • Auto OEM investments in EVs soared emission targets: 41% in past year, to $330bn through 2025 •
Slide 10: Electric Vehicles vs. Charging Solutions
Electric Vehicles vs. Charging Solutions BEV models & max. charging power(1) Charging time(4) Battery-buffered DC charging Ford & SK plan to invest How long do Standard low power grid F-150 Lightning Pro $11.4bn by 2025 for a new connection (30-110kW) 150kW(2) electric truck plant and 3 40 KWh new b
Slide 11: Ultra-Fast Charging: Recharging in Minutes vs. Hours
Ultra-Fast Charging: Recharging in Minutes vs. Hours Regardless of available grid performance ChargeBox ChargePost Mobile ChargeTrailer (320kW) (300kW) (3,200kW) 400x400x2,700 mm Semi-mobile / no Up to 85’’ construction needed 16x16x106 inches CBX can be built at a advertising Fully mobile power Sim
Slide 12: ChargePost: Semi-Mobile Charging Solution
ChargePost: Semi-Mobile Charging Solution Key USPs of ADS-TEC Energy’s ChargePost(1) Semi-mobile, ultra-fast DC charging Easy connection at limited voltage grids Up to 85 inch advertising display for additional revenue streams Installed in days vs. months Allows for multiple revenue streams Partner
Slide 13: EV Macro Trends
EV Macro Trends EV cost arriving at an inflexion point Stimulating demand for EVs US medium car segment EVs price vs ICE price(1) Total cumulative passenger EV sales (2) CAGR ($000s) (million of EVs) ’20 – ‘25 $40 13,3 $30 EV Battery Price $20 23% EV price (Vehicle + 10,4 4,5 Powertrain) $10 ICE Pri
Slide 14: ADS-TEC Energy Key Advantages
ADS-TEC Energy Key Advantages Battery buffer enables quick charge within minutes up Charge in minutes not hours to 320kW even on lower power No expensive and time intensive grid expansion No grid upgrades required necessary – avoiding expensive demand power Small, compact footprint Ideal for real-es
Slide 15: “Charging-on-the-go” will be relevant to all segments and locations
“Charging-on-the-go” will be relevant to all segments and locations Early validation of key markets drives acceleration of ADS-TEC’s North American launch Cumulative ultra-fast public & commercial connectors (#)(1) 1,037k Multi-Family Retail Municipal Fleets 311k 2020 2030 Utilities • ADS-TEC Energy
Slide 16: Player of Existing Scale: Combining DC With Grid’s Limitations
Player of Existing Scale: Combining DC With Grid’s Limitations Boosting grid performance with integrated battery Players in the EV charging value chain (Revenue 2020A)(1) $146m $80m $54m $59m $57m $38m $26m $25m $24m $14m $8m $6m $6m Ultra fast Charger specifications charging enabled by battery usag
Slide 17: Valuation Metrics
Valuation Metrics EV / Revenues(2) 2023E 7.6x $233m 5,5x 5,5x 5,1x revenue(1) 4,0x 3,6x 3,6x 4,5x 4,3x 2,5x 1,5x 0,9x 2023 2024 2023 2024 2023 2024 2023 2024(3) 2023 2024 2023 2024 Aperta EV charging de-SPAC Other listed EV EV focused energy Stationary clean-tech EV OEMs peers charging peers storage
Slide 18: Listed Comparable Companies Universe
Listed Comparable Companies Universe Listed EV charging businesses SPAC merger EV charging players Other listed EV charging players EV focused energy storage solutions Stationary clean-tech EV OEMs Mitarbeiterkürzel 18
Slide 19: Risk factors (1/2)
Risk factors (1/2) The following list of risk factors is provided to certain sophisticated institutional investors in connection with a potential investment in European Sustainable Growth Acquisition Corp (“EUSG”), or a newly formed holding company, as part of a proposed business combination between
Slide 20: Risk factors (2/2)
Risk factors (2/2) Risk Related to the Business Combination • We have not yet entered into a definitive agreement for the Business Combination and, when we do, the completion of the Business Combination will be subject to a number of conditions and if those conditions are not satisfied or waived, th