1 Confidential

Electric Vehicles

US and Global Market Trends

2 Confidential

Company Overiew | SolarWorld Americas

Hillsboro, Oregon

o U.S. headquarters and factory

o 500 MW cell capacity

o 350 MW module capacity

America’s largest PV manufacturer since 1975

CONFIDENTIAL 2

3 Confidential

US Cumulative EV Sales: 2011 – YTD 2014

http://electricdrive.org/index.php?ht=d/sp/i/20952/pid/20952

4 Confidential

US EV Car Sales by Year

9,754 14,032

46,148

7,671

38,585

48,951

17,425

52,617

95,099

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

2011 2012 2013

US Electric Car Sales by Year

100% Electric Sales Plug-in Hybrid Sales All Electrified Car Sales

http://evobsession.com/electric-car-sales-increased-228-88-2013/

5 Confidential

US EV Charging Station Map

• I.H.S is expecting EV charging stations to reach 1.1 million units globally although most of the installed based is for domestic charging

• Public charging-station

operators will struggle to make a profit as there are not enough grid dependent vehicles on the road

http://press.ihs.com/press-release/automotive/global-production-electric-vehicles-surge-67-percent-year

http://gizmodo.com/how-many-electric-car-charging-stations-are-actually-ou-1453078235

6 Confidential

US EV Market Segment Data

http://blog.addenergietechnologies.com/en/electric-vehicle/interesting-facts-and-figures-to-explain-the-us-electric-vehicle-sector-trends/

• 2013 US EV Sales were 95k units

• The Nissan Leaf and Chevy Volt are the most popular models in the US and worldwide

7 Confidential

Assumptions: 40 miles per day x 5 days per week x 52 weeks = 10,400 miles per year

Avg EV = 4.5 miles/kWh = 2311 kWh/yr. / 260 days = 8.9 kWh/day

5 hrs. per day of good sunlight = 8.9 kWh / 5 hrs. = 1.78kW

1,780/280 W panels = 6.4 panels = 7 panels at 1,960 W

California install cost for a 1,960 W system = $4.30/wp x 1,960 = $8,428

With incentives and credits that’s an additional $5,900

Gas is $3.90 / gallon in California.

Average car gets 24 mpg for a 10,400 mile year = $1,690 annual gas cost, assuming gas price stays fixed.

~$28k savings over 20 years.

So how much solar do I need to be net zero with my EV?

8 Confidential

Questions