Teva Motors Limited

• Asher Bennett, CEO • 07450 647600• www.tevamotors.com

Range Extended Electric Trucks With Lower Life Time Costs Than Diesel Trucks

55%

28%

22% 6% £74,622

0

20000

40000

60000

80000

100000

120000

Vehicle (& engine & motor)

Fuel (Electricity & Diesel)

Battery Other* TCO

Am

ount

(£)

32%

50%

18% £96,760

0

20000

40000

60000

80000

100000

120000

Vehicle (& engine)

Fuel (Diesel)

Battery Other* TCO

Am

ount

(£)

23% saving

Incentives

Pollution charges

DIESEL TEVA

Time (% of a full day of use)

Stat

e of

Cha

rge

(%)

Traditional system

With PREMS

• Operational Limitations• Lifetime cost

• Emissions

Barriers and Teva Solution

Lack of charging infrastructure

Unpredictable range

High sticker price

Operational risk of running out of range

Limited space in vehicles

High costs to set up assembly line

Teva only needs depot 3-phase charging that already exists

Range extender removes range limitations

Customers in the commercial sector focus on TCO

Customers in the commercial sector have predictable daily range with small variance

Trucks have physical space to put in different systems – simplifies development process

No costs – assembly line already exists, Teva brings in a complete chassis

BARRIERS TEVA SOLUTION

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

Market Opportunity: 150,000 Trucks per year EU alone. China + USA huge opportunity

Investment to Date: £900K Grant funding, Angel Investors

Next Steps: 3 Prototype Trucks on 2 Chassis Types – Q3Prototype of Predictive Management Application – Q3

ASKSeries A investment: £1million (~ £250K to complete the round). HMRC approved for EIS

2016 2017 2018 2019

Unit Sales 60 340 980 2080

Revenue £3m £18m £54m £117m