Slide 1: Investor Presentation
Investor Presentation September 2024
Slide 2: Disclaimer
Disclaimer The following applies to the presentation with respect to Electreon Wireless LTD and its subsidiaries and affiliates (collectively, the “Company”). In accessing the presentation, you agree to be bound by the following terms and conditions. The presentation does not constitute or form part
Slide 3: Agenda
Agenda 01 EVs & wireless charging Shaping the future of mobility 02 Projects & technological impact Electreon in action 03 Financial overview Leveraging technology for sustainable growth Revenue prediction for 2025 3
Slide 4: EVs & Wireless Charging
EVs & Wireless Charging Shaping the future of mobility 4
Slide 5: The global shift to electric vehicles
The global shift to electric vehicles The only sustainable path forward 16 CAGR for the last 3 14M ~70% 14 years is 12 Number of vehicles sold in M 10M 10 8 6 4.9M 4 3.1M 2.2M 2 0 2019 2020 2021 2022 2023 E-trucks E-buses E-vans Private vehicles *Sources are linked at the end of th e presentatio n 5
Slide 6: Total Addressable Market for wireless charging by 2030
Total Addressable Market for wireless charging by 2030 The EV market is growing exponentially – estimations of vehicles on the road by 2030 Delivery fleets Taxi fleets Bus fleets Private vehicles $208B $100B $109B $343B 13M 12M 2.8M 224M e-vehicles e-taxis e-buses ERS services and maintenance $21.8B
Slide 7: Electreon potential $782B
Electreon potential Based on Electreon's market penetration $782B 0.1% 1% 2% $0.78B $7.8B $15.6B Th is slide presents a po ssible and n on-bin ding scenario. As such, it includes , among other things, forward-look ing information, as defined in the Secu rities Law, wh ich is based o n the company's
Slide 8: The future of mobility is wireless
The future of mobility is wireless Flexibility and convenience Scalable and future ready Reduces infrastructure footprint Enhances safety Reduces battery size Eco-friendly 8
Slide 9: Wireless charging offers hope for mass electric vehicle use
Wireless charging offers hope for mass electric vehicle use Disruptive technologies you might not see coming – Electric vehicle charging goes wireless Wireless charging: Hands-free technology offers a leap forward for e-Mobility 9 *Sources are linked at the end of th e presentatio n
Slide 10: You cannot call a car 'autonomous' if it cannot fuel/recharge itself
You cannot call a car Nissan Mercedes Benz Tesla 'autonomous' if it cannot fuel/recharge itself Volvo BMW Hyundai 10 *Sources are linked at the end of th e presentatio n
Slide 11: Electreon - World leading Pioneer of Wireless EV Charging
Electreon - World leading 2013 Pioneer of Wireless EV Charging Founded 2021 One of the best inventions of the year Italy U.S.A. Norway 32+ Patents* Germany Israel Sweden 16 China Automotive partners France Japan 135 Employees globally Projects Subsidiary In establishment 20+ Global projects *Registe
Slide 12: Established and Proven
Established and Proven Advancing to mature growth Maturity & growth Product maturity Introduction Technology establishment, Patent development, and proof of concept Commercial projects Mass production capabilities Time 2017 2022 2023 2024 2025 UPS last mile U.S. Wireless road , DENSO’s HQ, Japan JDA
Slide 13: Partnership with TOYOTA & DENSO
Partnership with TOYOTA & DENSO 01 Joint development of an aftermarket wireless kit for current EVs in the market 02 Development of built-in wireless charging embedded in new EVs as part of the production process 03 Promote projects in Japan, the USA and/or Europe 04 Collaboration to shape the stand
Slide 14: Electreon's International OEM collaborations
Electreon’s International OEM collaborations Additional Passenger Vehicles Fleets Busses Trucks Automotive Partner DENSO Stellantis UES IVECO Kenworth Japan Market Netherlands U.S.A. Italy U.S.A. Incumbent Toyota XOS Yutong GINAF Japan U.S.A. China Netherlands Hyundai Stellantis Higer Dongfeng South
Slide 15: About the strategic investment
About the strategic investment September 2024 50 75 million new Wireless technology million ILS vehicles investment recognition in 2023* One of the world's leading automaker Electreon the leader Indication for market potential - Leading 6 automakers’ vehicle sales in 2023** 10,307,395 9,239,575 7,30
Slide 16: Potential market for B2C
Potential market for B2C Market size 2023 Collaboration for success 75M new cars each year DENSO TIER 1 OEM in the automotive industry 18% 13.8M new EVs YOY Potential Market 1% penetration 5% 10% OEM Potential number 138K 690K 1,380K Stellantis Netherlands Hyundai South Korea of EVs Toyota Ford Volk
Slide 17: Electreon in action
Electreon in action Projects & technological impact 17
Slide 18: Electreon go-to-market segments
Electreon go-to-market segments C Airports University campuses Last mile deliveries Shared cars Point-to-point fleets Taxi & MaaS BRTs Fleet Management Highway ERS Passenger EVs Data-driven platform for Smarter EV Management and Charging solution 18
Slide 19: Electreon's primary regions
Electreon’s primary regions Wireless electric roads in the U.S. and Europe WASHINGTON MICHIGAN Sweden NEW YORK Finland NEBRASKA Norway PENNSYLVANIA NEW JERSEY UTAH CALIFORNIA SAN DIEGO TEXAS TEXAS Germany France Italy Electreon Project RFP- request for project Discussions with public authorities 19
Slide 20: Electreon's Integrated solution for urban & depot
Electreon’s Integrated solution for urban & depot Transforming GREEN ZONES into multi-modal sustainable mobility hubs for multiple simultaneous transport cases* UPS Michigan Charge while you load Compared to other charging solutions on the market Convert loading & unloading docks in green zones & ov
Slide 21: Trondheim (Norway) solution & potential
Trondheim (Norway) solution & potential with Electreon’s on route charging 300 No. of buses 250 250 200 150 100 58 50 2 0 Wireless evaluation Tender Upside growth 2024 2026-2028 2030 Battery reduction 75%* per 24-meter bus (double-articulated) $240K** 9,600 kg*** Upside growth savings per bus weight
Slide 22: A10 highway
Charge as you drive A10 highway, Paris First release of the Next Gen Receiver 180% increase of power transfer to ~75 kW receiver from 25kW The project aims to validate First phase in executing the French transportation France’s National plan to Ministry’s research report that deploy ERS at scale ERS
Slide 23: Electreon's fleet management solution for Electra Afikim
Electreon’s fleet management solution for Electra Afikim Wireless charging stations at depots Scope of the project 23 3 bus brands “0” Cables buses fully-underground infrastructure Operational achievements 100 km 98% Range extension per bus uptime 3 second 465,000 km coupling Charged with Electreon*
Slide 24: Electreon's Urban Mobility Solution (Castel Taxis)
Electreon’s Urban Mobility Solution (based on MOU with Castel Taxis) Stationary charging in taxi queue Project scope Operational achievements Finance optimization ~50 taxis in phase 1 40% ~$12K savings in annual up to 100 in phase 2 extended range * electricity vs. fuel costs per vehicle* 50+ wirele
Slide 25: Financial Overview
Financial Overview Leveraging technology for sustainable growth Revenue prediction for 2025 25
Slide 26: Year-over-year revenues
Year-over-year revenues Total Revenue (in Millions of NIS) 25 30% 26.7% 25% 20 20% 17.5% 15 15.2% Millions 15% 10 19.1 10% 14.9 5 8.3 5% 5.7 2.9 0 0% 2021 2022 2023 2024 Target : Exceed 45% GM by 2029 H1 H2 GM Th is slide presents a pos sible and no n-bin ding scenario for 2024 an d onwards. As su c
Slide 27: Production capabilities
Production capabilities Mass production in China Production Capabilities 100 • Qualified, approved vendor 100 • First shipment passed QA 80 KM of dynamic charging Scaling & Infrastructure • Increasing capacity to meet rising demand 60 • Up to 100 km of dynamic charging 2025 40 • Up to 1.8K stationar
Slide 28: Production capabilities & cost reduction
Production capabilities & cost reduction Production capabilities and costs 120 120% Moving production operations to China 100% 100 lowered costs 100 100% KM of dynamic charging 83% 80 73% 80% In 2024 55% 57% cost reduction 60 60% 43% 40 35% 40% & 20 20 20% 10 65% - 1 2 5 0% Expected cost reduction i
Slide 29: 83.3M NIS signed project in 2023-2024
83.3M NIS signed project in 2023-2024 13 10 Target 47.5 102M NIS 31 Actual 23-H124* Expected Remaining effort Negotiation *Revenues reflect the offset of R&D expenses Th is slide presents a pos sible and no n-bin ding scenario for the mon th s until the en d of 2024. As such, it includes, among othe
Slide 30: Predicted signed projects
Predicted signed projects $65M 2025 $27M Th is slide presents a pos sible and no n-bin ding scenario. As such, it includes , among other things, forward-look ing informatio n, as defined in the Securities Law, which is based on the co mpan y's management es timates made usin g the informatio n and d
Slide 31: Thank you.
Thank you.
Slide 32: Presentation quotes and calculations
Presentation quotes and calculations “The global shift to electric vehicles” slide 5: https://www.iea.org/data-and-statistics/data-tools/global-ev-data-explorer " Total Addressable Market for wireless charging by 2030 ” Slide 6 2030 EV fleet sizes: • Passenger EVs: Estimated at 224 million globally
Slide 33: Sources and Calculations
Sources and Calculations Links to OEM wireless charging solutions slide 10: Mercedes Quote Tesla: https://www.notateslaapp.com/news/2256/tesla-wireless-charging-pad-to-feature-automatic-docking Nissan: https://www.nissan-global.com/EN/INNOVATION/TECHNOLOGY/ARCHIVE/WCS/ BMW: https://www.youtube.com/w
Slide 34: Sources and Calculations
Sources and Calculations Calculations for "Trondheim (Norway) solution & potential with Electreon’s on route charging", slide 21 *1600 kWh initial bus battery size 1600 kWh – 400 kWh = 1200 kWh - reduced battery size ** Estimated battery cost per kWh: $200 1200 kWh x $200 = $240K savings per bus ***