Envirotech Vehicles, Inc. · NASDAQ:EVTV
Envirotech Vehicles — Investor Presentation (June 2021)
21 slides from Envirotech Vehicles's investor presentation, Jun 28, 2021
Slide 1: Envirotech Vehicles Investor Presentation June 2021
Envirotech Vehicles INVESTOR PRESENTATION | JUNE 2021 ALL-ELECTRIC SOLUTIONS FOR THE TRANSPORT INDUSTRY Exhibit 99.1
Slide 2: Forward-looking statements disclaimer
This presentation has been prepared by Envirotech Vehicles, Inc. (the “Company”) and contains, in addition to historical information, certain forward-looking statements that are based the Company's current assumptions, expectations and projections about future performance and events. In particular,
Slide 3: The Future Is Now
THE FUTURE IS NOW Envirotech Vehicles is a provider of zero-emission purpose-built electric vehicles for light to heavy-duty commercial fleets Helping fleet operators unlock the benefits of green technology and address the challenges of traditional fuel price cost instability and local, state and fe
Slide 4: Aggressive Turnaround Positions Business for Growth
AGGRESSIVE TURNAROUND POSITIONS BUSINESS FOR GROWTH EXPANDING NATIONALLY New opportunities nationwide Partnerships and agreements are growing East Coast presence Benefits include: Industry expertise Broader product line Efficiencies: Reduced vehicle costs $28M in new capital since December 2020 Grow
Slide 5: Market Opportunity
MARKET OPPORTUNITY Increasing demand for medium to heavy duty EV trucks is being driven by: Online Shipping Urbanization Home Delivery Freight & Commercial Vehicles “The electric vehicle market is expected to grow at a CAGR of 33.6% from 2020 to reach $2.5 trillion by 2027… The growth is attributed
Slide 6: "Buy America" Executive Order
“BUY AMERICA” EXECUTIVE ORDER In January 2021, President Biden signed an executive order to transition U.S. government fleet to U.S.-manufactured electric vehicles Increased Demand: Replace ~456,000 government vehicles with U.S. manufactured electric vehicles Most vehicles are Class 3, 4 or 5 Large
Slide 7: Projected Fleet Vehicles EV Growth
PROJECTED FLEET VEHICLES EV GROWTH https://about.bnef.com/blog/electric-transport-revolution-set-spread-rapidly-light-medium-commercial-vehicle-market/
Slide 8: Total Cost of Ownership Balance Swinging to Electric Trucks
8 Initial capital investment being offset by fuel savings and reduced maintenance TOTAL COST OF OWNERSHIP BALANCE SWINGING TO ELECTRIC TRUCKS
Slide 9: Significant Momentum Signing Factory Authorized Representative Agreements
SIGNIFICANT MOMENTUM SIGNING FACTORY AUTHORIZED REPRESENTATIVE AGREEMENTS 9 5.19.21 5.20.21 6.03.21 6.08.21 TLC Truck and Equipment Florida Zero Nox California Sunset Vans California Joseph Holdings Barbados
Slide 10: Merger Highlights
MERGER HIGHLIGHTS Expertise: 30+ years design + engineering experience Synergy: Previously a partner; reduced vehicle cost by eliminating 2-step vehicle markup Enhanced buying + negotiating power with vendors Expanded Product Line: Creates one of the most complete product lines in the industry Curre
Slide 11: Current EV Product Lineup
CURRENT EV PRODUCT LINEUP Providing innovative, high-quality conventional and special-purposed Class 3 and Class 4 vehicles to commercial and last-mile delivery fleets, school districts, public and private transportation service companies, colleges and universities 11
Slide 12: EV Products Expected to Come in 2021
EV PRODUCTS EXPECTED TO COME IN 2021 12
Slide 13: Truck Total Cost of Ownership
TRUCK TOTAL COST OF OWNERSHIP Total Savings $131,240* Total Savings $171,240* Total Savings $131,240* Without Funding *As compared to the price of a Class 4 diesel truck at $65,000 and a life expectancy estimated of 12 years. Total Savings $146,240* 13 See Appendix for more detailed information
Slide 14: Financial Profile
FINANCIAL PROFILE $28M in new capital ~$5M cash from merger and ~$23M capital raise Valuable Inventory: Vehicles currently ready for customers Q1 2021 LOOKING FORWARD Targeting growth and future profitability 14 IMPROVED FINANCIAL CONDITION *Revenue of Envirotech Vehicles for the quarterly period en
Slide 15: Growth Strategy
GROWTH STRATEGY Drive Shareholder Returns 15
Slide 16: Highlights Recap
HIGHLIGHTS RECAP Core Product Line Ready For Customers: Four types of vehicles ready for delivery Decreasing total cost of ownership for customers Significant + Growing Market Opportunity: ~30% of medium-sized fleet vehicles expected to be electric by 20401 Increasing government and state incentives
Slide 17: Investor Relations Contacts
17 INVESTOR RELATIONS CONTACTS
Slide 18: Appendix
APPENDIX 18
Slide 19: State Incentives Accelerating Adoption: California HVIP
STATE INCENTIVES ACCELERATING ADOPTION CALIFORNIA HVIP TRUCK FUNDING AND SAVINGS DIESEL VS. ELECTRIC COST SAVINGS CLASS 4 ELECTRIC TRUCK PURCHASE COST VS. DIESEL/GAS *GVWR is short for Gross Vehicle Weight Rating Total Savings $16,770 19
Slide 20: State Incentives Accelerating Adoption: New York NYTVIP
STATE INCENTIVES ACCELERATING ADOPTION NEW YORK NYTVIP TRUCK FUNDING AND SAVINGS DIESEL VS. ELECTRIC COST SAVINGS CLASS 4 ELECTRIC TRUCK PURCHASE COST VS. DIESEL/GAS *GVWR is short for Gross Vehicle Weight Rating Total Savings $16,770 20
Slide 21: State Incentives Accelerating Adoption: New Jersey NJZIP
STATE INCENTIVES ACCELERATING ADOPTION NEW JERSEY NJZIP ZERO EMISSION INCENTIVE PROGRAM DIESEL VS. ELECTRIC COST SAVINGS CLASS 4 ELECTRIC TRUCK PURCHASE COST VS. DIESEL/GAS *GVWR is short for Gross Vehicle Weight Rating Total Savings $16,770 21
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