Electrovaya Inc. · TSX:ELVA
Electrovaya — Investor Presentation (July 2016)
29 slides from Electrovaya's investor presentation, July 2016
Slide 1: Superior Lithium Ion Batteries for Energy Storage and E-Mobility
Superior Lithium Ion Batteries for Energy Storage and E-Mobility EFL (Toronto Stock Exchange - TSX) 1
Slide 2: Disclaimer
Disclaimer This presentation contains historical and forward-looking statements. The forward-looking statements involve risks and uncertainties. Forward looking statements appearing in this presentation represent management’s current estimates and these may change significantly as new information co
Slide 3: Table of Contents
Table of Contents I. Electrovaya Overview II. Market Overview III. End Markets IV. Appendix 3
Slide 4: Electrovaya Overview
ELECTROVAYA OVERVIEW C-electrovaya :
Slide 5: Electrovaya Overview
Electrovaya Overview Electrovaya Inc. is a global leader in the development and manufacturing of Lithium Ion batteries and energy storage solutions LTM Stock Price Performance Founded in 1996 by Chairman & CEO, Dr. Sankar Das Gupta, and Dr. James Jacobs Headquartered in Mississauga, Ontario, Can
Slide 6: Litarion: A Transformative Acquisition for Electrovaya
Litarion: A Transformative Acquisition for Electrovaya In May 2015, Electrovaya acquired Litarion GmbH, the largest Lithium Ion manufacturing plant in Europe Acquired 500 MWh plant, the largest in Europe − Acquired the plant for ($10) million − Has an estimated replacement cost of $750 million I
Slide 7: Product Portfolio
Product Portfolio Recent €18 million order announced for Litarion Electrodes Technology has a proven track record as it has been used Electrodes and in approximately 20,000 vehicles with no safety incidents Separator The launch of a thinner version extends the product family Estimated addres
Slide 8: Focus on Product Development Delivering Increasing TAM
Focus on Product Development Delivering Increasing TAM The acquisition of Litarion has expanded Electrovaya’s product portfolio and opened new opportunities in many different end markets Utility E-bus Forklifts Residential Energy Storage Storage Industrial Potential $ Value Solar E-Mobility
Slide 9: Expanded Market Opportunities
Expanded Market Opportunities Electrovaya Pre-Acquisition Post-Acquisition Prior to acquiring Litarion, Electrovaya Post acquisition, Electrovaya and Litarion already possessed an extensive customer now operate in the Energy Storage/Smart base City/Micro-Grid, Industrial and Specialty sectors wi
Slide 10: Recent Customer Wins
Recent Customer Wins Since the acquisition of Litarion in May 2015, Electrovaya has won multiple new contracts with customers around the world May 26th, 2016 – Signed a Multiyear Service Agreement with a US based Fortune 1000 OEM to supply Lithium Ion Battery Modules, Battery Management Systems an
Slide 11: Expansion Opportunities
Expansion Opportunities Non-Toxic Electrode Mfg. allows purchase of Stranded Assets in EU, USA and Japan No Toxic NMP solvent coater, dryer, air handling, distillation ELIMINATED ELIMINATED ELIMINATED Distillation System NMP Solvent: 300 Foot Electrovaya’s Green Production: Solvent Recovery Tower Dr
Slide 12: Market Overview
MARKET OVERVIEW Celectrovaya »
Slide 13: Global Energy Storage Market Growth Forecast
Global Energy Storage Market Growth Forecast Annual Installation of Grid-Connected Storage Systems Addressable market of more than $3.5B by 2023 for Electrovaya 25 21.2 GW Overall market value is expected to reach $114 20 billion by 2017 and $400 billion by 2030(1) Grid energy storage market e
Slide 14: End Markets
END MARKETS C-electrovaya 1:
Slide 15: Lift Truck Battery
Lift Truck Battery Lift truck batteries represent a potential $240 million opportunity for Electrovaya over the next three years Ultra safe, long cycle life battery, fast charging, 3 shift ops Lead acid needs high maintenance 3 Lead batteries per truck for 3 shift operations Addressable mark
Slide 16: All Electric Busses & Trucks
All Electric Busses & Trucks Electric busses and trucks represent a potential $200 million opportunity over the next three years Demand for large electric bus lithium-ion batteries is expected to grow to nearly $30bn by 2026 Electric buses will be one of the biggest sectors for Lithium Ion batte
Slide 17: Other Motive Applications
Other Motive Applications Automotive: all German automakers are launching electric vehicles – Porsche, Audi, VW, BMW and Daimler Electric Ferries and Marine Speciality − Golf − Airport & mining vehicles − Postal delivery vehicles − Other 17
Slide 18: Stationary Energy Storage Applications
Stationary Energy Storage Applications Electrovaya has identified many different opportunities for high cycle life & long life energy storage requirements Identified markets include: − Energy Storage for Ancillary Services − Energy Storage for Micro Grid Applications − Energy Storage for Renewable
Slide 19: Key Executive Management
Key Executive Management Dr. Sankar DasGupta Richard Halka CEO & Chairman EVP & CFO Sankar is a serial entrepreneur and an award- Richard specializes in leading high-tech winning scientist with over 50 US patents. He has companies during periods of rapid growth. led Electrovaya as a stable publicly
Slide 20: Investment Highlights
Investment Highlights Using combined technology & experience from Electrovaya and Evonik Degussa, Electrovaya solves four main critical challenges in Lithium Ion Non toxic production process disrupts the present toxic chemical process (NMP) Cost Substantially lowers capital expenditures, operati
Slide 21: Appendix
APPENDIX C-electrovaya »:
Slide 22: Key Growth Drivers For Energy Storage
Key Growth Drivers For Energy Storage Market Driver Description Growing share of intermittent renewable energy source such as PV or wind requires energy storage to ensure grid security and stability Increasing renewable Renewable energy combined with storage allows the creation of environmental
Slide 23: Battery Systems
Battery Systems Common ‘Lego’ building blocks (cells, battery modules, battery management) are leveraged across multiple verticals MWh Smart Grid Cell Technology + Battery management + Value Add Systems Smart Cities, Micro Grids Automotive Industrials Each sector could become multi-billion dollar ma
Slide 24: Electrodes and Separator
Electrodes and Separator LITARION Electrodes: recent Euro 18 million order announced SEPARION Ceramic Separator: World’s only ceramic separator based on PET non-woven support Strong track record − Approximately 20,000 vehicles in operation without incident Launch of a thinner version extends
Slide 25: SEPARION
SEPARION Previously exclusive use for Daimler products only Outstanding safety: stable to temperatures up to 700°C ~300 patents Disruptive technology Full ceramic material supported by PET non-woven: Coated Coated SEPARION® PO SEPARION® PO Polymer fibres Surface Ceramic Particles PET non-wov
Slide 26: LITACELL LC-40
LITACELL LC-40 Officially launched in Q4 2015 with the next generation scheduled to be released in Q2 2016 LITACELL: − Provides outstanding cycle life and unique safety features − Serves as the leading-edge solution for the most demanding applications Key Features: − Superior cycle life & extrao
Slide 27: Utility ESS: Toronto Hydro
Utility ESS: Toronto Hydro Containerized BESS designed for 1.5MWh/300kW, but capable of 1.5MWh/1MW Integrated into a single container including ABB inverter/transformer and control system Safety systems include integrated thermal management, advanced BMS, fire suppression and mechanical system
Slide 28: Scottish and Southern Energy ESS
Scottish and Southern Energy ESS 25 ESS installations across multiple locations in SSE’s network near London, UK. Size ranges from 12.5-50kWh/36kW and installed completion Q2/Q3 2016 Energy storage systems are highly advanced and capable of frequency regulation, phase balancing, active harmonic
Slide 29: Roof-top Solar Energy Storage System
Roof-top Solar Energy Storage System Electrovaya was selected to produce an integrated energy storage system for their roof-top solar installations Electrovaya was selected due to the long cycle life and reliability of the ESS units for these difficult to access locations Starting to deliver 5