Slide 1: Vmoto Roadshow and AGM Presentation
VMOTO ROADSHOW AND AGM PRESENTATION ANNOUNCEMENT 7 NOVEMBER 2011 For personal use only 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 Novem
Slide 2: About Vmoto
VMOTO LIMITED ABN 36 098 455 460 Contact: Charles Chen Trevor Beazley Managing Director Non-executive Director +86 25 6881 1550 +61 419 939 820 For personal use only Olly Cairns Non-executive Director +61 (0)8 6267 9030 About Vmoto www.vmoto.com and www.vmotoltd.com Australian based Vmoto Limited is
Slide 3: Corporate Update November 2011
For personal use only Corporate Update November 2011
Slide 4: Disclaimer
Disclaimer For personal use only • 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 invol
Slide 5: Corporate Overview
For personal use only 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, S
Slide 6: Company Highlights
Company Highlights • A global scooter manufacturing and distribution group specialising in high quality and For personal use only “green” electric scooters, small engines, motor cycles and all terrain vehicles • Owns manufacturing and export licenses in China for both electric and petrol scooters –
Slide 7: Progress to Date and 2012
For personal use only Progress to Date and 2012 Year Milestone 2005 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% interest Full manufacturing li
Slide 8: Organisational Structure
Organisational Structure For personal use only Vmoto Limited Vmoto Australia Vmoto Europe Vmoto China SERVICE R&D QC MANUFACTURING
Slide 9: Directors and senior management
Directors and senior management For personal use only • 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
Slide 10: Why Vmoto?
Why Vmoto? Early Advantage • Western listed company with Chinese manufacturing facilities and licenses For personal use only • International JV cooperation with world class companies • Established business cooperation in both Original Equipment Manufacturing (OEM) and Business to Business (B2B) comp
Slide 11: Objectives and Strategy
Objectives and Strategy • Become a global brand leader in the electric transportation space For personal use only • 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
Slide 12: The Electric Scooter Market
The Electric Scooter Market For personal use only • 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
Slide 13: Market Trend
For personal use only Market Trend
Slide 14: Market Trend
For personal use only Market Trend
Slide 15: Sales to Date
Sales to Date Vmoto Distributor List 2011 Sales QTY Margin Remarks until 2011.10.17 Region Country Client For personal use only Spain Intermurcia S.L. 213 33%-35% Evs Europe 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 Luba
Slide 16: Global Sales and Pipeline
Global Sales and Pipeline For personal use only
Slide 17: Contract pipeline
Contract pipeline • Currently in discussions with >40 international groups to test Vmoto models For personal use only • 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
Slide 18: Manufactured vs. Profit
Manufactured vs. Profit For personal use only 35,000 12.0 10.0 Net profit / (net loss) in A$ million 30,000 Number of scooters manufactured 8.0 25,000 6.0 20,000 4.0 2.0 15,000 0 10,000 (2.0) Break even 8200 5,000 (4.0) 0 (6.0)
Slide 19: Margins
Margins For personal use only • 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 prod
Slide 20: Typical Sales Progression and Manufacturing
Typical Sales Progression and Manufacturing can take 12-24 months For personal use only Revenue Received Step 7 – 1 month Step 6 Shipping – 1.5 months Step 5 Factory Manufacturing – 1 month Step 4 Customer re-evaluation & Feedback – 2 -4 months Step 3 Factory modification & Improvement 2 - 4 months
Slide 21: Vmoto China – Nanjing
Vmoto China – Nanjing For personal use only Stage 3 Optional Stage 2 Built Stage 1 Built
Slide 22: China Operations
China Operations For personal use only Products Vmoto Europe Manufacturing Product Design R&D QC/QA VMOTO CHINA Service Improvement Sales & Logistics Global Clients
Slide 23: Manufacturing Facility - Lishui, Nanjing
Manufacturing Facility - Lishui, Nanjing For personal use only • 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. • Excell
Slide 24: Manufacturing Facility - Lishui, Nanjing
Manufacturing Facility - Lishui, Nanjing • Current Capacity: For personal use only 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 •
Slide 25: Product Plan 2011-2013
Product Plan 2011-2013 E- Scartt For personal use only D.G.W Vx3 190L Diamonds + 125cc+ 8kW 120SV 120L 120LD 120LV 70cc+ 4kW 206 50cc 80L (1/2 cost) 2kW Jan 2011 Jan 2012 Jan 2013
Slide 26: Vmoto Europe
Vmoto Europe For personal use only Marketing/PR in Europe Vmoto China VMOTO Product Design Europe Training & Maintenance Sales & Logistics Global Clients
Slide 27: Summary
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 For personal use only matures • Significant barriers to entry for other companies as manufacturing licenses are d
Slide 28: Contacts
Contacts For personal use only 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 +61 409 101 551 www.vmoto.com
Slide 29: Appendices
For personal use only APPENDICES
Slide 30: “S” Models
For personal use only “S” Models
Slide 31: Main Features
For personal use only Main Features Italian Design with Patent Pending Water-proof LCD speedometer Reverse Function Battery pack (4 Brushless pcs) DC Motor 3 mode shifts
Slide 32: Main Features
For personal use only Main Features Italian Design with Patent Pending Water-proof LCD speedometer 100L Reverse Function Brushless DC Motor 3 mode shifts Battery pack (4 Two side stands pcs)
Slide 33: Drive System Overview
Drive System Overview How do we do it? For personal use only
Slide 34: Maintenance Free Motor
Maintenance Free Motor • One side shaft mechanics, easy for assembly; For personal use only • Using high quality NdFeB Magnet, high efficiency; • Motor detachable from the rim, each for changing tyres; • High torque at starting, good capacity for payload. Current Output power 电流 转速 输出功率 效率 A rpm W %
Slide 35: Compact and reliable AC Controller
Compact and reliable AC Controller For personal use only • 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
Slide 36: Silicone Compound Electrolyte Battery
Silicone Compound Electrolyte Battery For personal use only • 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%
Slide 37: Smart Charger
Smart Charger For personal use only • Smart charging mode, protect battery properly; • Low internal resistance and low temperature usage.
Slide 38: Applications
For personal use only Applications
Slide 39: Application
For personal use only Application
Slide 40: “L” Models
For personal use only “L” Models
Slide 41: Main Features
Main Features For personal use only Italian Design with Patent pending Water-proof LCD Reverse Function speedometer ICM Lithium Battery On board pack with BMS charger 3 mode shifts
Slide 42: Main Features
For personal use only Main Features Italian Design with Patent pending Water-proof LCD speedometer LED Lights Alum. Frame Moveable battery pack
Slide 43: Lithium Battery Pack with Optimized Structure
Lithium Battery Pack with Optimized Structure For personal use only • Modular design – 50cc level：20～40Ah/48V – 70cc + level：50～100Ah/48V – 125cc level：60～80Ah/ 72V • High energy density • Intelligent cooling system
Slide 44: Lithium – Ion Battery Management System
Lithium – Ion Battery Management System For personal use only 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 exte
Slide 45: High-Frequency Resonant On Board Charger
High-Frequency Resonant On Board Charger For personal use only • Smart charging mode, protects the battery • Wide temperature working range. 2KW EV Charger 3KW EV Charger (2000W/220VAC, (3000W/220VAC, 1500W/120VAC) 1500W/120VAC)
Slide 46: Simulated Major Performance (I)
Simulated Major Performance (I) For personal use only Speed (km/h) Range (km) 180.0 90 160.0 80 140.0 70 120.0 60 100.0 120S29 50 120S29 80.0 120L29 40 120L29 60.0 190L43 30 190L43 40.0 20 20.0 10 0.0 0 Reco Rnor Rmax Rmaxfl Veco Vnor Vmax Accelerating time (S) Top uphill speed (km/h) 30.0 50.0 45.0
Slide 47: Simulated Major Performance (II)
Simulated Major Performance (II) For personal use only Input power(kW) Weight (kg) & Battery energy(kWh) 400 7.0 350 6.0 300 5.0 250 Wld 4.0 120S29 200 Wdrvr 3.0 120L29 150 Wbat 2.0 190L43 100 Wfr 1.0 50 0.0 0 Peco Pnor Pmax Ebat 120S29 120L29 190L43 Acceleration performance 90 80 70 Speed (km/h) 60
Slide 48: For personal use only
For personal use only
Slide 49: Patented Petrol Engine
Patented Petrol Engine For personal use only • 125cc Liquid Cooled; • Siemens EFI; • M. Power: 6.5/7250+/-100; • Bore/Stroke: 52.4*57.8mm
Slide 50: Scartt UTV- Petrol
Scartt 500 UTV- Petrol (Electric version under development) 600 Version available 2012 Vehicle type SCARTT, SK500G For personal use only 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 B
Slide 51: Design Phases
Design Phases Phase 1 Research For personal use only Phase 5 Hard Modeling Phase 2 Sketch program Phase 6 Surface Modeling Phase 3 Design Development Phase 7 Engineering Support Phase 4 Clay Modeling Phase 8 Product Graphics, Color and Trim
Slide 52: Developing Phases
For personal use only Developing Phases
Slide 53: Assembly
For personal use only Assembly Assembling the motor Assembling the functional partsAssembling the plastic covers Finish the assembling LOADING Debugging and test Test by equipment PACKING
Slide 54: Inspection of Vehicle - Quality Control
Inspection of Vehicle ---Quality Control For personal use only Clear the order Confirm the request order request confirm TOGETHER OK (big quality problem ) Package Delivery PRODUCTION INSPECTION INSPECTION OK OK (not ok but can improve quality) Repair
Slide 55: Exhibitions
For personal use only Exhibitions
Slide 56: For personal use only
For personal use only
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For personal use only
Slide 58: For personal use only
For personal use only