GreenAer LtdPioneers in Electric Vehicles

GreenAer: The creation of a movement

• Our planet cannot afford more conventional cars ( fossil fuel dependence, C02 levels, developing economies growth )

• Revolutionary green idea anyone?• REVA encounter in Bangalore• Right timing • Fundamental rethinking• Grassroot organic approach

The Rise of Electric VehiclesNo power on earth can stop an ideawho’s time has come...Victor Hugo

•Early 1900s, EVs flourishing - more popular than combustion engines

•Rising fuel prices & global warming concerns •EVs will help ease the strain on oil reserves•Supported by infrastructure, policies, and

regulations.•The Electric Revolution is in motion and will

change the automotive landscape forever.

The Irish Case for EVs

• “ 86% of Irish commuters travel less than 50 kms daily” Current Irish Census

• Short Distances• Relative low speed• Nationwide rollout Plan • Fossil fuel dependence• Greening of grid / Carbon neutrality objectives by

2035• Utilising already generated electricity• EV’s potential in Smart Grid (V2G)• Opportunity to become a leading country in this

sector

The Irish EV Ecosphere

Targets for Ireland: • 230 K EVs and PHEVs by 2020 or 10% of all cars being electric • 6000 EVs by the end of 2012

Enabled by various stakeholders commitment:• ESB- Charging infrastructure rollout + EV purchase ( 1500 on

street charging points , 2000 domestic charging systems by end of 2011)

• Industry - OEM’S and smaller manufacturers guaranteeing supply to IRE

• Government - 5 K subsidies for first 6000 cars • SEAI - Promotion awareness, allocation of subsidies, pilot

and demonstrations.

What are the benefits to the consumer?

• Low operating costs (less than €2 per charge)• Lower running costs (tax, insurance)• Cleaner urban air – no tailpipe emissions.• Easier to drive & park• Torque and smooth response• Suited to rural and urban commuters• Low maintenance • Subsidies & Infrastructure

Industry Trends

•Decline in battery costs •Operating cost of EV’s are only 30% of the

operating cost of conventional cars.•EV adoption rates will NOT threaten stability of

electric grid •EVs are a "disruptive technology"

REVA’s edge

• REVA pioneers• Best selling EV in the world• LEED accredited plant • GM endorsement• European Manufacturing

E-Bike market

• Cycle to work success • Gocycle as the perfect example of what B2C

cleantech should be.

What’s in store…. ?

REVA NXR• Range: 160km • Top speed: 104 kph• Power pack: 72 V Li-ion phosphate battery• Dual Charge ports• 4 Seats • Subsidy applicable

• Expand distribution and servicing network• Detours - Drive Electric Tours • Experiment with V2G and EMMA controller in

conjunction with other companies and SEAI • Car sharing with the REVA as corporate

service offering ( MOU with MoveAbout)

We seek : • Progressive companies and individuals

• Equity investors

Contact : Greenaer Mobility LtdOlivier Vander Elst

olivier@greenaer.iewww.greenaer.ie