Workhorse Group, Inc. · NASDAQ:WKHS
Workhorse — Sidoti Emerging Growth Presentation March 2016
24 slides from Workhorse's conference presentation, March 2016
Slide 1: Workhorse Group Inc. Sidoti Emerging Growth Presentation
Workhorse Group Inc. Sidoti Emerging Growth Presentation March 2016 © 201 Workhorse Group Inc. All Rights Reserved. © 2016 Workhorse Group Inc. All Rights Reserved
Slide 2: Industry Data and Forward Looking Statements
INDUSTRY DATA AND FORWARD LOOKING STATEMENTS This report may contain forward-looking statements that reflect current views with respect to future events. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in these forw
Slide 3: Original Equipment Manufacturer – Electric Delivery Trucks
ORIGINAL EQUIPMENT MANUFACTURER – ELECTRIC DELIVEY TRUCKS Workhorse Group Inc. (NASDAQ: WKHS) 2 © 2016 Workhorse Group Inc. All Rights Reserved.
Slide 4: Introduction
INTRODUCON Workhorse Group Inc. (NASDAQ: WKHS) Workhorse Group Inc. (NASDAQ: WKHS) is a last-mile delivery technology company. We are an original equipment manufacturer of medium-duty, battery-electric trucks and fully integrated unmanned aerial delivery drones. Workhorse also develops cloud-based t
Slide 5: Workhorse Technology
WORKHORSE TECHNOLOGY Workhorse Group Inc. (NASDAQ: WKHS) Workhorse’s ground-breaking technology provides our clients competitive advantages and improves their ability to differentiate themselves while delivering benefits that include, but are not limited to: • significantly reduced total cost-of-own
Slide 6: Attractive Economics
ATTRACTIVE ECONOMICS Cost Comparison - Workhorse E-Gen vs. Gas Total Cost-of-Ownership: E-GEN Saves > $125,000 vs. Gas over 15 years 5 © 2016 Workhorse Group Inc. All Rights Reserved.
Slide 7: Workhorse W88 Chassis Layout – E-GEN Illustration
WORKHORSE W88 CHASSIS LAYOUT – E-GEN ILLUSTRATION Workhorse E- GEN patent-pending powertrain is unmatched by any other powertrain supplier. Rear axle with integrated 2200nm Electro Magnet Motor parking brake 25 HP – Internal Combustion Engine Configured as on-board Generator 60 KWh Li-ion Battery Pa
Slide 8: Workhorse Metron Telematics Performance Monitor
WORKHORSE METRON TELEMATICS PERFORMANCE MONITOR Workhorse Develops Metron Telematics The telematics system and associated hardware installed the Workhorse vehicles are designed to monitor the CAN network traffic for specific signals. These signals are uploaded along with GPS data to a Workhorse serv
Slide 9: Workhorse Metron Telematics Performance Monitor
WORKHORSE METRON TELEMATICS PERFORMANCE MONITOR Workhorse Develops Metron Telematics Altitude 8 © 2016 Workhorse Group Inc. All Rights Reserved.
Slide 10: Overview of Workhorse's Unmanned Aerial Systems
OVERVIEW OF WORKHORSE’S UNMANNED AERIAL SYSTEMS HorseFly Delivery Drone Engineering the future of parcel delivery aviation HorseFly™ Unmanned Aerial System (UAS) is designed for the package delivery market and other commercial applications • Designed to meet the existing and anticipated future FAA g
Slide 11: Workhorse UAS Drone Delivery Process
OVERVIEW OF WORKHORSE’S UNMANNED AERIAL SYSTEMS (UAS) Workhorse UAS Drone Delivery Process Illustration On November 6, 2015 Workhorse was informed by The Federal Aviation Administration (FAA) that Workhorse had been granted a Section 333 request for exemption, Exemption No. 13564; Regulatory Docket
Slide 12: Facilities
FACILITIES Workhorse Group Inc. (NASDAQ Ticker: WKHS) Workhorse Group Inc. Cincinnati, OH • 30,000 sq. ft. facility includes Corporate Headquarters and R&D • Manufactures electric drivetrains for route sales and service and last-mile delivery trucks • Develops cloud-based, real-time telematics perfo
Slide 13: Competitive Landscape
COMPETITIVE LANDSCAPE Workhorse Powertrain vs. Other Manufacturers Workhorse’s ability to meet fleet performance specifications and reduce vehicle lifecycle costs affords it significant advantages over competitors offerings. Workhorse Powertrain vs. Other Manufacturers Key Features and Innovative Hi
Slide 14: Market Opportunity
MARKET OPPORTUNITY Long-Term Growth Strategy Category • Step Van and Cab-over Strip Chassis • Light-duty Fleet Vehicles (2018) Total Market Size in Units • Overall U.S. market estimated at approximately 15,000 Step Van per year • Overall U.S. market estimated at approximately 100,000 Cab-over units
Slide 15: Customer Orders and Pre-Qualified Suppliers List
CUSTOMER ORDERS AND PRE-QUALIFIED SUPPLIERS LIST Clients and Prequalified Supplier Lists Clients • One hundred twenty-five (125) Workhorse E-GEN’s ordered by UPS on August 7, 2105. • Two (2) Workhorse E-GEN’s acquired under a pilot program have performed very well delivering packages on routes for U
Slide 16: Appendix
APPENDIX 15 15 © 2016 Workhorse Group Inc. All Rights Reserved.
Slide 17: Board of Directors
BOARD OF DIRECTORS Stephen Burns Steve is a Co-Founder and equity investor in Workhorse Electric Vehicles. He has founded several companies, most recently iTookThisOnMyPhone.com, a leading mobile photo and video-sharing technology company, MobileVoiceControl, Inc. a developer of high-end speech reco
Slide 18: Board of Directors
BOARD OF DIRECTORS Gerald Budde As chief financial officer (CFO) of Assured Neace Lukens, Mr. Budde is primarily responsible for financial planning, reporting and analyzing Assured Neace Lukens financial information. In addition to being responsible for the finance and accounting functions, Mr. Budd
Slide 19: Management Biographies
MANAGEMENT BIOGRAPHIES Mr. Burns is a Co-Founder and equity investor in Workhorse Electric Vehicles. He has founded several companies, most recently Stephen Burns iTookThisOnMyPhone.com, a leading mobile photo and video-sharing technology company, MobileVoiceControl, Inc. a developer of high-end spe
Slide 20: Management Biographies
MANAGEMENT BIOGRAPHIES Daniel Zito Mr. Zito served as Chief Business Development Officer for Cumulus Interactive Technologies Group before rejoining Workhorse Electric Vehicles. Prior to Executive Vice President Cumulus Interactive, he held executive positions with iTookThisOnMyPhone, and Advanced M
Slide 21: Engineering and R&D
ENGINEERING AND R&D Don Wires. MSEE Mr. Wires joined Workhorse Group Inc. in 2007 after retiring from a 35-year career with Procter and Gamble. Mr. Wires has been the chief technology Director of Engineering architect and has led the engineering team at Workhorse Group from the development-stage of
Slide 22: Engineering and R&D
ENGINEERING AND R&D Thaddeus Bort, BSCIS Mr. Bort graduated in 2005 from Franciscan University of Steubenville with a BS in Computer Information Science. He has been with Workhorse since the Lead Software Engineer company started in 2007 and has worked on all electric vehicles including car conversi
Slide 23: Intellectual Property
INTELLECTUAL PROPERTY In addition to several patents, Workhorse received schematics, CAD files, design documents, bill of materials, and rights to all vehicles including the W22, W42, W62, W88 and LF72 chassis. Workhorse also received documents and descriptions related to plant operations personnel,
Slide 24: Contact Information
CONTACT INFORMATION For more information, please contact: Steve Burns Duane Hughes Julio Rodriguez Founder & CEO President Chief Financial Officer Workhorse Group Inc. Workhorse Group Inc. Workhorse Group Inc. 100 Commerce Drive 100 Commerce Drive 100 Commerce Drive Loveland, OH 45140 USA Loveland,
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