Slide 1: Transforming Electric Mobility
Investor Presentation May 2022 Transforming Electric Mobility Exhibit 99.4
Slide 2: Disclaimer
DISCLAIMER INDUSTRY AND MARKET DATA Although all information and opinions and or other information expressed in this presentation (this “Presentation”), including market data and other statistical information, were obtained from sources believed to be reliable and are included in good faith, Amprius
Slide 3: Disclaimer (cont.)
DISCLAIMER (CONT.) IMPORTANT INFORMATION AND WHERE TO FIND IT In connection with the Proposed Business Combination, Kensington plans to file a registration statement on form S-4 (the “Registration Statement”) with the SEC, which will include a proxy statement/prospectus of Kensington. Kensington als
Slide 4: Amprius & Kensington Transaction Overview
AMPRIUS & KENSINGTON Transaction Overview Founded in 2008, Amprius is a pioneer in the production of silicon nanowire anodes for high-energy density lithium-ion batteries Kensington Capital Acquisition Corp. IV (NYSE: KCAC.U, “Kensington”) is a SPAC with $230 million of cash held in trust Amprius an
Slide 5: Innovation: 100% Silicon Anode Battery
Innovation 100% silicon anode battery(1) Superior Battery Performance High Energy Density Up to 450 Wh/kg(2) and 1,150 Wh/L(2)(3) High Power Density Up to 10C Fast Charge Rate Capability 80% charge in <6 minutes Wide Operating Temperature -30°C to 55°C Commercially Proven Tested and validated by ind
Slide 6: Leadership Team
LEADERSHIP TEAM Technology Innovators and Experienced Business Operators Core Operational and Technical Team has been at Amprius for 10+ Years Dr. Kang Sun Chief Executive Officer and Director Led two successful business ventures in renewable energy – JA Solar Co. Ltd. (launched IPO on NASDAQ) and R
Slide 7: Board and Investors
Don Dixon Chairman of the Board Dr. Wen Hsieh Board Director Dr. KANG SUN Chief Executive Officer and Board Director Board and Investors Kensington Capital Acquisition Corp. IV (NYSE: KCAC.U) is a Special Purpose Acquisition Company (“SPAC”) with $230 million of cash held in trust focused on combini
Slide 8: Company Development
Company Development Founded in 2008 Fully Operational in 2010 KWh Scale Manufacturing in 2016 Customer Orders & Commercial Sales in 2018 GWh Scale Project Development Initiated in 2021 Turning a Transformational Technology Into a Commercial Reality Silicon Nanowire Design Finalized in 2014 2016 2008
Slide 9: Amprius at a Glance
AmpriuS at a Glance 100% Silicon Anode Technology(1) ~250 KWh Commercial Manufacturing Capacity Today 75+ Patents(2) Up to 80% Higher Energy Density than Conventional Batteries ~16.7K Batteries Shipped Actual percentage of silicon is 99.5-99.9% which is within the range of acceptable purity levels f
Slide 10: Why Silicon?
Why Silicon? 100% Silicon Anode(1) Has ~10x Capacity vs. Graphite Graphite vs. Silicon Actual percentage of silicon is 99.5-99.9% which is within the range of acceptable purity levels for materials that are considered 100%. Based on Amprius measurements in half cells. Silicon anode can swell up to ~
Slide 11: Silicon Anode Structure: Amprius Solved the #1 Problem with Silicon Anodes
Top View Silicon Anode Structure Amprius Solved the #1 Problem with Silicon Anodes Silicon Surface Coating Silicon Coating Silicon Nanowire Template Substrate Side View 100% Silicon Nanowires(1) Allow Volume Expansion without Binders, Graphite or any Inactive Materials Conventional Graphite (and/or
Slide 12: Graphite vs. Silicon: Drop-in Replacement
Graphite vs. Silicon Amprius’ Anode is a Drop-in Replacement for Lithium-Ion Batteries Conventional Graphite Battery Graphite Anode Current Collector Cathode Amprius Silicon Anode Battery ` Higher Cathode Loading Enables Much Higher Energy Silicon Anode is a Thinner, Direct Replacement Current Colle
Slide 13: Incumbent Technology vs. Amprius
Performance Metric Graphite Anode Battery Cells(1) Anode Capacity (mAh/g)(1)(2) 335-355 1,500-2,500 Specific Energy (Wh/kg) ~215-285 360-500 Energy Density (Wh/L) ~530-715 890-1,400 Charging Time to 80% 30 minutes <6 minutes Rate Capability/Power Up to 10C Up to 10C Cycle Life 500-1,000 cycles 200-1
Slide 14: Amprius Batteries Deliver Twice the Mission Time
Survey of 18650 technical datasheets (ex. Panasonic NCR18650G) and iFixit reports on iPhone and Samsung batteries. Actual battery cell energy densities measured by Amprius for an energy cell design. Flight Time – estimated based on customer-generated models for a balanced power and energy cell desig
Slide 15: Silicon Nanowire Anode in KWh-Scale Production Today
Nanowire “Template” Metal Foil 100% Silicon Coating(1) Foil Substrate Load Finished Anode Nanowire Module Silicon Deposition Modules Anode Production Silicon Nanowire Anode in KWh-Scale Production Today Actual percentage of silicon is 99.5-99.9% which is within the range of acceptable purity levels
Slide 16: Manufacturing Process Uses Existing Commercial Processes
Silicon Nanowire Anode Battery Cathode Silicon Nanowire Anode Battery Assembly Traditional Battery Manufacturing Line Silicon Nanowire Anode Manufacturing Line Cathode and Assembly Processes are Unchanged; the Only Change is to the Anode Manufacturing Line Manufacturing Process Amprius Utilizes Exis
Slide 17: High-Volume Manufacturing Tool
High-volume MANUFACTURING TooL Equipment Designed for GWh-Scale Production Large-Scale Anode Tool Leveraging Commercially-Used Solar Production Technology https://www.centrotherm.de/ Expected to partner with Centrotherm(1), a supplier of production solutions to the world’s leading manufacturers of s
Slide 18: Planned High-Volume Manufacturing Facility
Planned High-Volume MANUFACTURING FACILITY U.S. High-Volume Manufacturing Facility Skilled manufacturing workforce Favorable taxes and incentive programs Utilities and access to raw materials Regulatory permitting Real estate costs Industrial construction experience Accessibility of rail and interst
Slide 19: Market Segments and 2025 TAM
Market Segment Amprius Advantage TAM – 2025 Unmanned Aerial Systems (“UAS”)(1) Drones for delivery, imaging, and military, including high altitude pseudo satellites (“HAPS”) Ultra-high gravimetric and volumetric energy density and extreme-fast charge $38.2B Air Transportation(2) Passenger Airplanes
Slide 20: Target Markets and Applications Enabled by Amprius Batteries
Unmanned Aerial Systems (Drones) High Altitude Pseudo Satellites Air Transportation Product Application Recon Drone Delivery Drone(1) Stratospheric Satellite eVTOL(2) Battery Cell 1.4 Ah, CL0065 10 Ah, Custom 5.8 Ah, CL0062 15+ Ah, Custom Performance Specification 390 Wh/kg at C/5 300 Wh/kg at 1C wi
Slide 21: Blue Chip Partners
BLUE CHIP PARTNERS Amprius Batteries Have Been Validated by Industry Leaders Amprius has enabled Airbus to set World Records for HAPS endurance and flight Amprius is designed into Airbus’ HAPS platform Airbus Defence and Space 2021 Innovative Supplier of the Year Award Current Amprius Strategic Inve
Slide 22: Use of Proceeds
USE OF PROCEEDS Expand Production Capacity to Support Customer Growth Disruptive Technology Commercial Customer Wins What we have What’s next High-Volume Manufacturing Meet growing demand Enable new customer wins Reduce costs with scale Expand market applications Pilot (KWh)-Scale Manufacturing
Slide 23: Transaction Overview
Transaction Overview Transaction Overview ($ and share counts in millions, except per share data) Notes: Assumes no redemptions from Kensington’s public shareholders. Assumes equity capital is issued at $10.00 per share. Excludes the impact of Kensington’s warrants (public or private). Assumes finan
Slide 24: Overview of Kensington Capital Acquisition Corp. IV
OVERVIEW OF KENSINGTON CAPITAL ACQUISITION CORP. IV NYSE-listed (KCAC.U) Special Purpose Acquisition Company (“SPAC”) with $230 million in trust for the purpose of combining with a global automotive-related company Management and board with extensive public company experience and operating capabilit
Slide 25: Amprius Fulfills Kensington's Investment Objectives
AMPRIUS FULFILLS KENSINGTON’S INVESTMENT OBJECTIVES Global automotive-related business with Enterprise Value >$500M Leverages high-growth mega-trends of emerging technology proliferation Validated technical, commercial and financial capabilities based upon global automotive standards World-class man
Slide 26: Summary Risk Factors
SUMMARY RISK FACTORS If Amprius’ batteries fail to perform as expected, its ability to develop, market, and sell its batteries would be adversely affected. Amprius may not succeed in developing a new volume manufacturing tool that meets its requirements for cell quality, yield, throughput and other
Slide 27: Summary Risk Factors (cont.)
SUMMARY RISK FACTORS (CONT.) Amprius may not be able to accurately estimate the future supply and demand for its batteries, which could result in a variety of inefficiencies in its business and hinder its ability to generate revenue. If Amprius fails to accurately predict its manufacturing requireme