Electrovaya Inc. · TSX:ELVA
Electrovaya — Investor Presentation (December 2020)
18 slides from Electrovaya's investor presentation, Dec 10, 2020
Slide 1: Electric Mobility, Energy Transformation, Climate Change Mitigation
Electric Mobility Energy Transformation Climate Change Mitigation Dec. 10th, 2020 Toronto Stock Exchange (TSX:EFL) & (OTCQB:EFLVF) Electrovaya © 2020
Slide 2: Disclaimer
Disclaimer ° This presentation contains forward-looking statements, including statements that relate to, among other things, revenue forecasts and in particular the revenue forecasts for the fiscal year ending September 2020 and the calendar year ending December 31, 2020, continuation of anticipated
Slide 3: Battery is the Enabling Technology: Energy & Electrification
Battery is the Enabling Technology: Energy & Electrification Bloomberg New Energy Finance uses Electrovaya’s battery photo to illustrate BNEF’s article: . A https://www.bloomberg.com/news/articles/2018-06-19/how-bii ry-boom-get-try-548-billion-bnef-says Climate Changed How Big Will the Battery Boom
Slide 4: Company timeline 1996-2020
1996 2000 2002 2003 2004 2010 2013 2016 2017 2019 2018 2020
Slide 5: ______________________________________________________________ ● ● ● ● ●
______________________________________________________________ ● ● ● ● ●
Slide 6: Revenue and EBITDA
Revenue Revenue ● EBITDA EBITDA ● ●
Slide 7: Capital Share Structure
Capital Share Structure . CG vive Ticker: TSX:EFL Ticker : OTCQB:EFLVF Shares Outstanding* : 133,461,449 Share Outstanding* : 133,461,449 Share Price* : CAD $1.46 Share Price* : USD $1.22 Market Cap* : CAD $194,853,716 Market Cap* : USD $154,815,281 Insider Ownership: ~45% Insider Ownership: ~A5% vt
Slide 8: Game Changing & Disruptive Technology
Game Changing & Disruptive Technology ¢ Arguably the highest performing battery available today ¢ Safety: Key IP (>30 patents) for ceramic separator materials and cell designs. UL2580 listed(batteries for use in electric vehicles) NMC battery packs available ° Cycle Life: Cell chemistries, additives
Slide 9: Technology Driven Market Advantages
Technology Driven Market Advantages 1: Composite ceramic separators prevent battery failure at high temperatures. rect ala Standard: > | Ele Daimler e-Smart cars may have travelled a cumulative ~ 1.2 billion km; no known fires or safety issues 2: Longevity under intense use: Performance after 24/7 O
Slide 10: Targeting Mission Critical Markets
Targeting Mission Critical Markets E-cars: a) Usage: 1-2 hrs/day Focus: Capital Cost Range Safety Existing, multi billion dollar Market: C-electrovaya Cc // Peuses: 12-20 hrs/day Ownership cost Lifetime Efficiency Safety Nascent, high potential E-forklifts/ warehousing: 20-24 hrs/day Ownership cost
Slide 11: Channels to the Market: OEM
Channels to the Market: OEM Ce RAYMOND Raymond Corp. (100% subsidiary of Toyota) is the largest electric forklift manufacturer in North America®. e Raymond is now distributing Electrovaya’s Li ion batteries through their OEM channel e Top selling electric forklift in North America. Toyota Material H
Slide 12: Channels to the Market: Upgrade Channel
Channels to the Market: Upgrade Channel Ce e Multi-billion dollar addressable market: ~2.5 million forklifts (lead acid, fuel cell & ICE) may need upgrading in North America « Performance, lifetime, & ROI: Electrovaya’s lithium ion batteries is outstanding e Electrovaya batteries are compatible with
Slide 13: Operating Sites: Electric Lift truck sites
Operating Sites: Electric Lift truck sites *Some dots represent multiple sites C-electrovaya ~40 sites in North America Repeat orders starting Types of Businesses: c E-Commerce c. High velocity distribution centers c Cold/freezer storage c Manufacturing c Food processing c Furniture c. Logistics c.
Slide 14: Automated Guided Vehicles: Robots
Automated Guided Vehicles: Robots Ce JABIL e Jabil is a world leading engineering/robotics firm. e _Electrovaya worked with Jabil closely when developing their robotics systems (later branded Badger Technologies) from mid 2017. e Badger’s Systems went into production 2019. e Since then Electrovaya h
Slide 15: Electric bus market
*https://www.globenewswire.com/news-release/2020/11/19/2130343/0/en/North-America-Electric-Bus-Market-Growth-Trends-and-Forecast-2020-2025.html
Slide 16: Mississauga Assembly Facility
Slide 17: Board of Directors and Management
Board of Directors and Management Ce Board of Directors e Prof. Alex McLean: Chair of the Board, distinguished scientist; Visiting Prof. at MIT, Kyoto U. and Prof. Emeritus at UofT; tech startup, authored 6 books. e Dr. James Jacobs; Director, Co-Founder Electrovaya; BA Oberlin College, Ph.D. UofT.
Slide 18: Conclusion: An Exceptional Battery
Conclusion: An Exceptional Battery Ce « Annual Revenue growth: Revenue nearly triples to US$14.5 in FY2020 from USS4.9m in FY2019 e Quarterly Growth in FY 2020: Grows to USS6.9m in Q4 e EBITDA: USSO0.8m in Q4-2020, compared to negative USSO.9 in Q4-2019 e Technology Edge: IP and performance is the d