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The leader in clean electric transportation. Corporate Overview Ticker: ETLE. March 2010.
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The leader in clean electric transportation. Corporate Overview Ticker: ETLE March 2010
As provided by the “Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995,” ECOtality, Inc. cautions the audience that this presentation includes forward-looking statements. Actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements in ECOtality’s financial statements filed with the Securities and Exchange Commission. Safe Harbor Statement 1
ECOtality, Inc. The leader in clean electric transportation • Leading EV Infrastructure Experience • Involved in every major N. American EV initiative since 1990’s • 5,600+ Charging Stations Installed • Premier Battery Fast-Charge Systems • 50+ US & International patents since 1990 • Fortune 500 customer base • Advanced Transportation R & D, Engineering & Testing • Primary Contractor to U.S. Dept. of Energy in EV sector • 10+ million miles of testing on 200+ advanced fuel vehicle • Largest Deployment of EVs + Infrastructure • •4,700 Nissan EVs • 11,210 charge stations • 5 states/11 cities • $107.8 M in US Dept. of Energy & California Energy Commission funding
Electric Transportation Engineering Corp. Largest deployment of EVs & charge infrastructure Power Electronics, R & D, Engineering, Electric Drive Systems Contracted for DOE’s Advanced Vehicle Testing Activity Industry leading Minit-Charger line of fast-charge systems Other Activities: • EV Infrastructure (Levels 2 +3) • Battery Performance testing • Battery cycling & development • Consulting/Engineering Services • H2 Infrastructure • H2 ICE Vehicles • Alternate fuel infrastructure • Electric, CNG, H2 & H2 blends
Charges faster & safer vs. any other system • 50+ US & International patents • Meaningful charge for an EV in ~15 mins • Originally designed for on-road EV use • Used in airport, industrial & on-road applications • Proven Benefits: • Reduces annual fueling costs by 70-80% • 50-65% smaller & 50-70% lighter • Increases worker productivity & safety Current Markets Airport GSE Material Handling NEVs Emerging Markets EVs + PHEVs Public Charging Commercial Charging
Different Charging Levels Electric Vehicle Supply Equipment (EVSE) Time to charge batteries (10-30kWh) EVSE Level Specifications Applications 120VAC, 12Amps 8-24 hours Emergency Use, Remote Areas Level 1 Residential, Commercial, Public Areas Level 2 240VAC, 40Amp 2-8 hours 480VAC/ 3Phase 30kW to 250kW. Commercial, Fleet use Level 3 10-30 minutes • SAE Committee Active Voting Members • J1772: PHEV inlet/connector standard • J2293/J2836: Fast-charge inlet/connector standard • EPRI Infrastructure Working Council • Advanced Lead Acid Battery Consortium • Steering & Marketing Committees • US DOE Technical Support Contract 8 8
EV Activities A holistic approach to EV infrastructure • EV Micro-Climate Program • Ensures areas are “plug-in ready” • Establishes alliances w/ key stakeholders • Provides detailed Roadmap/Action plan • Implements universal public charge infrastructure • Establish Micro-Climates & connect w/ Fast-Charging • Active Government Relations & Public Education • Soft Infrastructure Development • First responder training • Code inspection officials coordination • Roadside assistance development • Install contractor training & certification • Dealer training • Public awareness
DOE FOA 0000028 The largest deployment of EVs & Charge Infrastructure • Arizona • Phoenix/Tucson • California • San Diego • Oregon • Portland, Eugene, • Salem, Corvallis • Tennessee • Nashville, Knoxville, • Chattanooga • Washington • Seattle Project Overview • 4,700 Nissan LEAF Evs • 4,700 residential (L2) • 6,250 public/commercial (L2) • 260 fast-charge (L3)
DOE FOA 0000028 The largest deployment of EVs & Charge Infrastructure Project Schedule Contract 10/1/09 Initial Infrastructure Q4 2010 Vehicle Launch Q4 2010 Final Infrastructure Q2 2011 Evaluation Ends Q3 2012 Completion Q2 2013 Funding Overview • $207.6 M total project value • $99.8 M in US DOE funding • $8 M in CEC funding • Partners provide match
ECOtality in China • JV makes ECOtality 1st infrastructure provider in China • ECOtality signed LOI with Shenzhen Goch Investment (SGI) in July 2009 • SGI provides $15 million to initiate strategic joint venture • $10 million committed to manufacturing & assembly JV • $5 million committed to sales & distribution JV • On 3/1/2010 announced access to $300 million credit facility in China • China represents the largest market for EVSE • Currently no-fast charging in China • JV will focus on industrial & on-road applications • Initial on-road market includes transit buses, taxi fleets & passenger EVs. • By 2015: Global EVSE market expected to reach $1.9 billion annually* China will be world leader in annual EVSE installations 47.8% of annual sales.* * Pike Research, “Electric Vehicles on the Grid” (7/09)
ECOtality in Australia • ECOtality Australia Pty. Ltd. • Headquartered in Brisbane, Queensland. • Markets/distributes battery charging equipment for on-road, industrial and airport ground support. • EV market in Australia is in its infancy. • 13 million+ vehicles on the road, approximately 900,000 new cars sold annually. • Excellent outlook for sustained growth
ECOtality Investment Highlights The leader in clean electric transportation • ECOtality awarded $99.8 Million from U.S. Department of Energy • ECOtality awarded $8 millionfrom California Energy Commission • Signed definitive agreement with Shenzhen Goch Investment to provide $15 millionto establish China Operations, eliminating $9.1 million in debt • Access to China facility through SGI/CCB for $300 million • Filed for NASDAQ listing • Unveiled first generation networked software for EVs • Expanded to Australia
80 East Rio Salado Pkwy Suite 710 Tempe, AZ 85281 Contact Info Jonathan R. Read P: 480-219-5005 jread@ecotality.com Websites www.ECOtality.com www.etecEVs.com www.minit-charger.com
Management Team Jonathan Read - President & CEO, ECOtality, Inc. • Founder, Chairman and CEO of Park Plaza International. Grew four-hotel chain into leading global hotel group focused on licensing, joint ventures and operations in 32 countries. C • Chairman and CEO of Shakey's International from 1984 to 1989 • Don Karner – Founder, President, eTec • 30+ years of engineering and technical project management experience. • Founded eTec in 1991. • Chief Nuclear Office for Arizona Public Service (APS). • Current Technical Manager for US DOE Advanced Vehicle Testing Activity • Col. Barry Baer – Chief Financial Officer, ECOtality, Inc • Retired U.S. Army Colonel & Certified Public Accountant. • Served as CFO at Obsidian Enterprises, Inc., Max Katz Bag Company & Apex Industries. • Previously served as the Director of Public Works for the City of Indianapolis. • Director of Accounting Systems for the U.S. Army
ECOtality Timeline Innergy Power Corporation founded to produce battery systems for computer storage 1989 Electric Transportation Applications (ETA) formed to provide electric vehicle testing and consulting services 1991 Electric Transportation Engineering Corporation (eTec) formed to provide electric vehicle infrastructure products and services. 1996 • Fast Charging technology is first displayed 2005 ECOtality, Inc. was established with a focus on renewable energy technologies. Company initially focused on H2 & electric drive systems. 2007 ECOtality acquires eTec, Edison Minit-Charger, Innergy Power, and Fuel Cell Store 2009 ECOtality’s eTec awarded $99.8 million by US Dept. of Energy for the largest ever deployment of EVs (5,000) & infrastructure (12,750). ECOtality is the leader in clean electric transportation technologies
Material Handling Products • Model 355/448 • 400Amp Output • Parallel or Sequential Priority Charging • Launched in 2002 • Only system to provide Sequential Priority Charging which reduced utility infrastructure and demand costs • Model “PJ” • Dual 110Amp Output, High Frequency design • Designed for electric Pallet Jacks • Launched in 2005 • First high-frequency fast charger specifically designed for pallet jacks • Lightweight and efficient design • Model “SC” • Single Output, High Frequency design • 250Amps DC Output • Medium to heavy duty applications • Launched in August 2008 • High frequency, multi-shift and retail store applications • Low cost battery identifier • Lightweight and easy to install and operate • Model “FCx” • Single Output, High Frequency design • 320Amps DC Output • Medium to heavy duty applications • Est. Launch in Spring 2009 • High frequency, multi-shift charger for medium to heavy duty applications • Ideal for Automated Guided Vehicle applications (AGV)
Airport Ground Support Equipment • Model GSE-200SP/DP • 15kW Single and Dual Output Available • Outdoor Rated • Multi-voltage, Multi-chemistry • Launched in 2003 • Model GSE-250SP/DP-hf • 15kW Single or Dual Output • High Frequency Design • Lighter/less expensive design • Exp. Launch fall 2008 • Model GSE-300DP • 30kW Dual Output (15kW per side) • High Frequency Design • Designed for heavy-duty applications • Exp. Launch fall 2008
Innergy Power’s Battery Offerings • Innergy has provided more than 1.8M battery cells to more than 500 customers • Recently announced plans to begin manufacturing battery systems for EV • and PHEV application that optimize eTec’s fast charging capabilities. • Innergy Power’s ThinLine sealed lead cells & batteries • Reduces the weight and volume of the passive cell components, resulting in improved specific energy (by weight) and energy density (by volume) • 10-25% increase in volumetric efficiency. • The thin planar design is accomplished through two patented components of the technology. • Current Applications • Cache memory back-up systems • Medical equipment • Mobile Computing • Lighting systems • Solar energy storage • Features & Benefits • Configuration optimizes space utilization • High energy density reduces weight & volume • Long cycle life • Allows for frequent charging • Low Self-Discharge Rate • Zero Memory Effect • Battery clients include: • HP, Sun IBM, Siemens, LSI Corp, Xenonics, Checkpoint Systems, Batteries Plus, AEE Solar, Southwest PV, Sunlight Solar, Sundance Solar, U.S. Department of Agriculture
Innergy Power’s Solar Offerings • Fiberglass (FRP) & tempered glass solar • Ranging from 5W to 50W capacities. • Applications include: logistics tracking, off-grid lighting, mobile communications, mobile computing, signaling devices & surveillance. • Solar Binders • 22W output to power portable electronic devices (laptops, iPods, satellite radios, etc…) • Innergy Power Station 200 • 200W solar array that charges a12V,100Ah VDC battery. • Weatherproof & Flexible deployment • High Efficiency • Custom Solar Solutions for: • Remote Location Power • Asset Tracking/Fleet Monitoring • Recreational Activities • Emergency Power Planning • Mobile Power (RV, trailers, etc..) • Off-Grid Lighting • Remote Surveillance