Lightning Emotors, Inc. · OTC:ZEVY
Lightning Emotors — SPAC Merger (January 2021)
10 slides from Lightning Emotors's SPAC merger presentation, Jan 4, 2021
Slide 1: Opportunity Overview January 2021
Opportunity Overview JANUARY 2021
Slide 2: Lightning eMotors at a Glance
LIGHTNING eMOTORS AT A GLANCE Focus on Urban Commercial ZEV Only Full-Range Manufacturer Class 3–7 BEV & FCEV Modular Architecture Scalable & IP Protected $67B TAM(1) Across Multiple End Markets Blue chip Customer Base We are a B2B Company Strategic Partnerships 10 Years R&D Ahead of the Game 2 Year
Slide 3: Company Overview
COMPANY OVERVIEW (Direct Sales) COMMERCIAL ZEVs Manufacture complete vehicles: Class 3 – 7 trucks & buses Offering both Battery (BEV) and Fuel Cell (FCEV) Highest up-time backed by supplier parts and service We sell powertrains to strategic partners ANALYTICS Actionable fleet intelligence Unique Big
Slide 4: At the Inflection Point with Accelerating Sales Cycles
WE ARE AT THE INFECTION POINT WITH ACCELERATING SALES CYCLES FOR LIGHTNING eMOTORS Significant progress made in customer validation Sales cycle between 3 and 24 months Field Trial Initial Contract & Purchase REPEAT ORDERS B2B Outreach Technical TCO Orders to Fleets Validation Validation 20 fleets 10
Slide 5: Rapidly Growing Pipeline and Contracted Purchase Order Backing
RAPIDLY GROWING PIPELINE AND CONTRACTED PURCHASE ORDER BACKING MARCH 2020 SEPTEMBER 2020 Pipeline: $130mm $800mm+ Contracted PO Backlog: $28mm $150mm+ Already received purchase orders to fulfill 100% of 2020E and 2021E revenue 9 out of 11 customers are currently operating our vehicles $120mm+ repeat
Slide 6: Supplemental FAQ
SUPPLEMENTAL FAQ What does Lightning eMotors do? Lightning eMotors manufactures powertrains, complete vehicles, and charging solutions for the zero-emission medium-duty commercial vehicle market Aside from the first-mover advantage, how is Lightning eMotors different from the competition? Lightning
Slide 7: Supplemental FAQ (cont.)
SUPPLEMENTAL FAQ (CONT.) Is Lightning eMotors going to continue retrofitting EVs, or will there be a shift in the business model in the future? Lightning eMotors has never been a “retrofitter.” Lightning eMotors manufactures powertrains, complete vehicles, and charging solutions for the zero-emissio
Slide 8: Supplemental FAQ (cont.)
SUPPLEMENTAL FAQ (CONT.) How has COVID impacted your supply chain? While COVID has created unprecedented disruption in the global supply chain, Lightning eMotors’ ability to work with multiple supply chain partners on key parts, including batteries, has prevented major disruptions in production. To
Slide 9: Safe Harbor
SAFE HARBOR This presentation and the accompanying oral presentation contain forward-looking statements. All statements other than statements of historical fact contained in this presentation, including statements as to future results of operations and financial position, planned products and servic
Slide 10: Safe Harbor (cont.)
SAFE HARBOR (CONT.) In addition to the U.S. GAAP financials, this presentation includes non-GAAP financial measures. Non-GAAP measures have limitations as analytical tools, are presented for supplemental informational purposes only and should not be considered in isolation or as a substitute for fin