Electrovaya Inc. · TSX:ELVA
Electrovaya — Investor Presentation (May 2022)
23 slides from Electrovaya's investor presentation, May 24, 2022
Slide 1: Corporate Presentation
Corporate Presentation May 24th, 2022 Toronto Stock Exchange (TSX:EFL) & (OTCQB:EFLVF)
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements, including statements that relate to, among other things, the effect of the ongoing global COVID-19 public health emergency on the Company’s operations, its employees and other stakeholders, including on customer demand, supply chain,
Slide 3: Our Mission
3 Our Mission To accelerate the energy transition with safer and better batteries through technology advancement Electrovaya © 2022 3
Slide 4: About Electrovaya
About Electrovaya Lithium ion battery market leader with 25 years of expertise in designing developing and manufacturing Lithium-Ion Batteries (LIB) Technology Leadership Key Lithium ion battery technologies with over 100 patents issued Disruptive & Proven Technology Safer and longer lasting batteri
Slide 5: Addressable Markets
Addressable Markets APPLICATION USAGE FOCUS MARKET Capital Cost E-Cars $200+ Billion Dollar 1-2 hrs/day Safety Addressable Market* Range Performance E-Buses Efficiency 12-20 hrs/day Nascent, E-Delivery Lifetime Multi-billion Dollar Trucks Safety Market Ownership Cost Efficiency E-Forklifts/ 20-24 hrs/da
Slide 6: Current Technology Challenges
Current Technology Challenges Cost of Ownership Safety Performance More nuanced than $/kWh for a Concerns for adoption in Higher energy density needed many significant applications. Cost sensitive applications in order to enable electrification of ownership the main driver for (aerospace, public tra
Slide 7: Electrovaya Platform Technology Solutions
Electrovaya Platform Technology Solutions Infinity Batteries Solid State Batteries Based on proprietary separator Based on proprietary separator and electrolyte technology and electrolyte technology Superior Safety & Lowest Cost of Highest Energy Density Ownership Commercial today In late stage deve
Slide 8: Infinity Batteries
Infinity Batteries Lithium-ion ceramic cells with highest cycle life and safety setting the industry standards. Material Handling Equipments Current Partner: Raymond High Cycle Life Lowest Cost of Ownership Autonomous Guided Robots Example Partner: Jabil Safety Zero Fire Incidents Li-Ion Ceramic Tec
Slide 9: Infinity Batteries: Cycle Life Advantage
Infinity Batteries: Cycle Life Advantage Electrovaya Patented Technology provides the longest Cycle life in Industry: Electrovaya batteries can operate for >25 years with 1 cycle/day Electrovaya E-forklift battery performance from a Electrovaya batteries lifetime VS competitors Fortune 100 company a
Slide 10: Infinity Batteries: Cost of Ownership
Infinity Batteries: Cost of Ownership Our Infinity platform have Best Cycle Life in Industry, Providing overall lowest cost of ownership when compared to other lithium ion batteries, fuel cells and lead acid batteries. Electrovaya Heavy Duty Vehicles (HDV) Operate at ~2 Infinity Platform cycles per
Slide 11: Infinity Batteries: Safety (1/2)
Infinity Batteries: Safety (1/2) Fire safety is major concern with Lithium-ion Battery Over 200,000+ EV recalls Electric Buses are being taken Multiple Fire incidents due to battery safety concerns out of service Due to Fire reported with Leading Energy 2020/21 Hazards Storage Systems Manufacturers
Slide 12: Infinity Batteries: Safety (2/2)
Infinity Batteries: Safety (2/2) Electrovaya prides itself by providing leading edge safety Lithium ion battery cells and systems Superior Safety provided by Electrovaya batteries passed Over 1000 forklift batteries Electrovaya proprietary fire Extensive UL battery safety deployed for more than 4 ye
Slide 13: Infinity Battery Products
Infinity Battery Products Material Handling Electric Vehicles High Voltage Battery Systems & AGVs Electrovaya © 2022 13
Slide 14: Infinity Batteries- Material Handling User Base
Infinity Batteries- Material Handling User Base End Users Examples (not a complete list) Retail & Manufacturing Food distribution OEM Customers eCommerce *Confidential User Logistics Electrovaya © 2022 14
Slide 15: Infinity Batteries- Target Road Map
Infinity Batteries- Target Road Map 2015-2018 2019 2022 2023- onward Infinity Batteries Commercial Launch: Scaled Launch new Technology Material Handling Manufacturing commercial Development Product Line Deployment of products: E-BUS, 1000s of Infinity E-trucks, Prototypes and OEM Relationship batte
Slide 16: Solid State Batteries- A Disruptive Technology
Solid State Batteries- A Disruptive Technology Electrovaya’s Labs division is focused on the technology development and scale up of high energy density solid state batteries on track to reach automotive targets Electrovaya © 2022 16
Slide 17: Solid State Batteries- Performance
Solid State Batteries- Performance Electrovaya’s Labs: promising early results Electrovaya SSB* Energy density (Wh/Kg) 400 ❖ Highest energy density >350 Wh/Kg ❖ Utilizes most standard 300 Competitors SSB** Electrovaya*** manufacturing processes Infinity - NMC NMC** ❖ Preliminary Results demonstrate
Slide 18: Solid State Batteries- Target Road Map
Solid State Batteries- Target Road Map 2022 2023 2024- onward Establish IP Position Establish GWh scale Scale to Multilayer Pouch Pre-production of large production Cells format cells Scaled Establish Manufacturing Characterization and Commercialization Processes Commercial Qualification Initial Dis
Slide 19: Management Team
Management Team Dr. Raj S. Das John Gibson, Dr. Sankar Das Dr. Jeremy Dr. Elmira Jason Roy, Gupta, CFO Gupta, Dang, Memarzadeh Director, Investor CEO, Director VP, Business & Project Director, Engineering Relations and Executive Chairman Development Programs Communications Electrovaya © 2022 19
Slide 20: Board of Directors
Board of Directors Prof Carolyn Dr. James Dr. Bejoy Das Kartick Kumar, Hansson, Jacobs, Gupta, Director Director Director Director Electrovaya © 2022 20
Slide 21: Financials
Financials FY2022 revenue target $21-$25 million - double FY2021 * Non-IFRS Measure: Adjusted EBITDA does not have a standardized meaning under IFRS. Therefore it is unlikely to be comparable to similar measures presented by other issuers. We believe that certain investors and analysts use Adjusted
Slide 22: Capital Share Structure
Capital Share Structure Ticker: TSX:EFL Ticker: OTCQB:EFLVF Shares Outstanding* : 146,805,856 Shares Outstanding* : 146,805,856 Share Price* : CAD $0.71 Share Price* : USD $0.56 Market Cap* : CAD $104,232,542 Market Cap* : USD $81,844,265 Insider Ownership: ~ 40% Insider Ownership: ~ 40% * Stock pri
Slide 23: Investor & Media queries, please contact
Investor & Media queries, please contact: Jason Roy Director, Investor Relations & Communications Phone: 905-855-4618 Email: jroy@electrovaya.com Web: www.electrovaya.com Toronto Stock Exchange (TSX:EFL) & (OTCQB:EFLVF)