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Teva Motors Limited

Teva Motors Limited. Asher Bennett, CEO 07450 647600 www.tevamotors.com Range Extended Electric Trucks With Lower Life Time Costs Than Diesel Trucks. 23% saving. DIESEL. TEVA. Pollution charges. Incentives. With PREMS. Traditional system. Operational Limitations Lifetime cost

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Teva Motors Limited

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  1. Teva Motors Limited Asher Bennett, CEO 07450 647600 www.tevamotors.com Range Extended Electric Trucks With Lower Life Time Costs Than Diesel Trucks

  2. 23% saving DIESEL TEVA Pollution charges Incentives With PREMS Traditional system • Operational Limitations • Lifetime cost • Emissions State of Charge (%) Time (% of a full day of use)

  3. TEVA SOLUTION BARRIERS Teva only needs depot 3-phase charging that already exists Lack of charging infrastructure Barriers and Teva Solution Customers in the commercial sector focus on TCO High sticker price Range extender removes range limitations Operational risk of running out of range Customers in the commercial sector have predictable daily range with small variance Unpredictable range Trucks have physical space to put in different systems – simplifies development process Limited space in vehicles No costs – assembly line already exists, Teva brings in a complete chassis High costs to set up assembly line

  4. Team/Partners/Awards Executive/Operational Team CEO: Asher Bennett – Entrepreneur, EV and BATTERY specialist with 18 years experience. Chairman: Sir Trevor Chinn – High profile businessman and ex chairman RAC, AA, Kwik-Fit. Trevor Power: Automotive entrepreneur and EV specialist. Malcolm Powell: Ex Tesla and Lotus. Partners: China’s largest diesel truck exporter. World’s largest truck fleet operator. Awards: DECC Energy Entrepreneurs Fund Competition ~ £800K Grant

  5. Investment to Date:£900K Grant funding, Angel Investors Market Opportunity: 150,000 Trucks per year EU alone. China + USA huge opportunity Next Steps: 3 Prototype Trucks on 2 Chassis Types – Q3 Prototype of Predictive Management Application – Q3 ASK Series A investment: £1million (~ £250K to complete the round). HMRC approved for EIS

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