Electrovaya Inc. · TSX:ELVA
Electrovaya — Investor Presentation (July 2015)
24 slides from Electrovaya's investor presentation, Jul 10, 2015
Slide 1: The New Electrovaya-Litarion
The New Electrovaya-Litarion Emerging World Leader in Energy Storage, E-mobility & Lithium Ion Battery Technology 10 July 2015 EFL (Toronto Stock Exchange - TSX) 1 CONFIDENTIAL 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: Mission
Mission Reduce Climate Change as the Global Leader in Advanced Energy Storage CONFIDENTIAL 3
Slide 4: Market Potential
Market Potential Energy Storage is the “Holy Grail” for Electric Power & Lithium Ion Battery is the Driver Energy storage market is set to “explode” to an annual installation size of 6 Gigawatts (GW) in 2017 and over 40 GW by 2022 — from an initial base of only 0.34 GW installed in 2012 and 2013. 64
Slide 5: Grid Energy Storage
Grid Energy Storage Deliver Utility Scale Energy Storage Systems for the highest efficiency in electricity storage, including electricity generated from intermittent wind, solar power, or other sources. CONFIDENTIAL 5
Slide 6: E-mobility and Industrial
E-mobility and Industrial Promote advanced green and cost-efficient technology for all classes of zero-emission electric vehicles and motive industrial solutions. CONFIDENTIAL 6
Slide 7: Merged Company (Canada & Germany)
Merged Company (Canada & Germany) 160,000 sq feet facility in Mississauga, Canada. System integration and testing (MWh scale energy storage), NMP- free electrode production and cell assembly State of the art manufacturing facility with 500MWh capacity in operation since 2012. Located in Kamenz, Germ
Slide 8: Partnership: Electrovaya's Contribution
Partnership: Electrovaya’s Contribution Technology that enables Resilience to Market Challenges & Fundamental Cost Advantage private companies public market start-ups conglomerates companies Electrovaya’s proprietary non-NMP, non-toxic manufacturing process enables lower cost structure. CONFIDENTIAL
Slide 9: Partnership: Litarion's Contribution
Partnership: Litarion’s Contribution Germany’s World-Leading Expertise in Manufacturing, Scale & Quality 500 MWh Plant Capacity Europe’s Leading Scientists & Process Engineers 300+ Patents including SEPARION™ Technology CONFIDENTIAL 9
Slide 10: Technology Leadership & Large Production Capacity
Technology Leadership & Large Production Capacity: Electrovava Litarion: Today • Merged technology-Canada-Germany combines: 10 years of knowledge, experience & IP from Evonik, Electrovaya & Daimler Europe’s largest effort in Lithium Ion and electro- mobility • No Toxic Chemicals like n-Methyl Pyrrol
Slide 11: Market Competition: Energy Storage
Market Competition: Energy Storage Energy Storage market is just emerging* LG, Samsung and Panasonic are the Leaders Electrovaya is a Challenger* Electrovaya has immense technology advantages and now increased production capacity Green Processing; Higher Safety; Higher cycle life; lower costs; no en
Slide 12: No Toxic N-Methyl Pyrrolidone (NMP)
Reduces dramatically opex, capex and future liabilities NO TOXIC N-METHYL PYRROLIDONE (NMP) CONFIDENTIAL 12
Slide 13: Electrovaya's Disruptive Technology, >350 patents, including Litarion
Electrovaya’s Disruptive Technology, >350 patents, including Litarion Non-toxic process with Lower CAPEX, Lower OPEX Conventional Lithium Ion Battery Manufacturing No use of NMP at Electrovaya Electrovaya’s acquisitions such as Litarion to be converted into the non NMP process Financial advantage re
Slide 14: Conventional Lithium Ion Manufacturing
Conventional Lithium Ion Manufacturing Toxic NMP solvent coater, dryer, air handling, distillation Electrovaya’s green production: No air emission; No use of toxic chemicals; Electrode performance & microstructure: Better CONFIDENTIAL 14
Slide 15: Outstanding Safety from Ceramic Membrane Separator: SEPARION.COM
Acquired Global exclusive rights and production capacity with over 200 Patents supporting this technology OUTSTANDING SAFETY FROM CERAMIC MEMBRANE SEPARATOR: SEPARION.COM CONFIDENTIAL 15
Slide 16: Ceramic Separator Acquisition: Adds Outstanding Safety
Ceramic Separator Acquisition: Adds Outstanding Safety to Electrovaya‘s Lithium Ion Batteries Huge Market oppertunity as a stand alone business of marketing separators to other companies SEPARION® Separators: earlier for Daimler‘s exclusive use & now available to all Increased safety through ceramic
Slide 17: Outstanding Safety from a Ceramic Separator
Outstanding Safety from a Ceramic Separator Laboratory Safety Tests: Unparalleled Safety in Nail Penetration and Over-Charge Tests Operational Safety: ~ 20,000 Daimler Smart Electric cars operating with Electrovaya’s Ceramic Separator; with ~ 100 million kms driven in all conditions: Zero Safety Inc
Slide 18: Highest Cycle Life
Proprietary process from acquisition allows highest cycle life HIGHEST CYCLE LIFE CONFIDENTIAL 18
Slide 19: Outstanding Cycle Life
Outstanding Cycle Life 1C Charge Discharge, 100% Depth of Discharge Cycle Life 10000 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 NMC: NMC: NiMnCo NiMnCo standard Electrovaya Based on Third Party Data obtained in 40 Ah cells at 100% DOD CONFIDENTIAL 19
Slide 20: Cells: World's Best Cycle Life
Product: Cells – World’s Best Cycle Life 40 35 30 Capacity / Ah 25 20 15 10 Cycle life test of 40 Ah cells with Cycling (1C/1C) Electrovaya-Litarion™ Cycling (2C/2C) 5 Cycling (3C/3C) electrodes & Separion separator 0 0 2000 4000 6000 8000 10000 Cycle no. • Extraordinary cycle life performance: • 90
Slide 21: Patents, IP and Know-how
Patents, IP and Know-how This acquisition combines the knowledge of over 10 years research, development, experience, operations of Electrovaya, Evonik Degussa and Daimler Electrovaya has about 150 patents and much knowledge and knowhow in all aspects of Lithium ion batteries including non NMP proces
Slide 22: Cells are the key Technology in Energy Storage & Energiewende
Cells are the key Technology in Energy Storage & Energiewende Electrodes, Separators and Cells are the key technology in Lithium Ion Batteries: and Electrovaya Litarion has the critical technology advantage with ~350 patents supporting. Germany and Europe require this key technology, as does the res
Slide 23: Growth Strategy
Growth Strategy Diversify Product Offerings into energy storage, solar, wind, strategic power, defence, emobility and everywhere Produce the lowest cost Lithium Ion battery: Bring into Germany and Europe the break-through Green non NMP technology, which reduces energy consumption, capital costs of e
Slide 24: Electrovaya Litarion: Strategic Advantages and Positioned for Global Leadership
Electrovaya Litarion: Strategic Advantages and Positioned for Global Leadership Safety: Highest with Ceramic Separator 1. Cycle Life: ~9000 cycles; Competitors ~ 5000 No Toxic Chemicals: lowest capex, opex & liabilities 2. Global Scale Production facility: 500 MWh of electrodes and Separator