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8-K - ENER1 INC | v171988_8k.htm |
ENERDEL, Inc.
Manufacturing Overview
January 22, 2010
SAFE HARBOR STATEMENT
This presentation contains forward-looking statements within the meaning of the Federal Private
Securities Litigation Reform Act of 1995 conveying managements expectations as to the future
based
on plans, estimates and projections at the time the statements are made. The forward-looking
statements contained in this presentation and that may be made by the presenter involve risks and
uncertainties, including, but not necessarily limited
to: ENERDELs ability to deliver prototype,
production samples and finished product to electric vehicle customers; the estimated future sales for
ENERDELs electric vehicle batteries; the degree of competition in the markets for lithium battery,
fuel cell and nanotechnology-based products and services, ENER1s history of operating losses, the
lack of operating history for the development stage of ENER1 businesses, the need for substantial
additional capital, the dependency upon key
personnel and other risks detailed in ENER1s annual
report on Form 10-K as well as in its other filings from time to time with the Securities and Exchange
Commission. These risks and uncertainties could cause actual results or performance to differ
materially from any future results or performance expressed or implied in the forward-looking
statements included in this presentation.ENER1 undertakes no obligation to publicly update or revise
any forward looking statements, whether as a result
of new information, future events or otherwise.
3
OBJECTIVES 2010 PLAN
Launch Production
Release Customers
Add Fast-to- Market
Customers With Existing
Product Designs
Acquire Other
New Customers
Through New Product
Development
4
Production
Released Cells
Module
Configurations
Pack
Configurations
Products
Classes
2010 CY PRODUCT PORTFOLIO
HC/MO
16.5 Amp
3.65 V PHEV
Cell
Light Duty
EV
Light Duty
PHEV
Heavy Duty
Hybrid
Grid
Mega-Watt
Systems
12S, 2P
or
15S, 3p
5
Products
Classes
Light Duty EV
Light Duty PHEV
Heavy Duty Hybrid
Grid Mega-Watt
Systems
Cell Mfging
Equipment
Module Assy
Equipment
Pack Assy
Equipment
Unique
PRODUCT PORTFOLIO MANUFACTURING REQUIREMENTS
Same
Same
Same
Same
Common
with
Unique
Fixtures
Same
Same
Same
6
FACILITIES PLAN 2010
Hague Road
EnerDel Headquarters
Cell R&D
Cell Process Development
Cell Electrode Production
Cell Assembly/Dry-room
Noblesville
BMS Engineering
Pack/Module Testing
AXC 70 (Site Y)
Cell Formation (2010)
Pack Assembly
Sample Build
Warehousing
Enertech
Cell Manufacturing
7
EnerDel
Hague Rd.
EnerDel
Site Y
Enertech
Korea
Products &
Operating Characteristics
Cell Fabrication
Mix, Coat, Assy
Pre-Charge
W/house,
Formation,
Aging
Mix, Coat, Assy
Pre-Charge,
Formation, Aging
Module & Pack Assembly
Assembly
Not
Applicable
Assembly
Non Automotive
Max Workdays Per Year
Shift Plan
Continuous
7 Day Operations
2 Shift
12 Hours / Shift
Net Productive
Hours/Day Average
20 Hours
20 Hours
20 Hours
MANUFACTURING 2010 CAPACITY LOAD
Continuous
7 Day Operations
356
356
312
HAGUE ROAD
AXC 70 (SITE Y)
11
2010 - 2011 PRODUCTION PLAN CAPACITY RAMP
BREAKEVEN ANALYSIS
(CASH BASED)
Annual Sales
Revenue
CAPEX
$280 m
$1,016 m
$72 m
$237 m
Release I
Release II
Release III
Release IV
SALES & CAPEX PLAN
15 k Packs
15 k Packs
15 k Packs
15 k Packs
$118 m
DOE Grant
Capacity 1.56 M kWh
14
2010 Plan - Results
Cash Flow Break-even at 11,108 EV Packs
Capacity for 11,052 EV packs/year by December 2010 (sold-
out capacity)with ability to flex to 15,000 EV packs/year with
$10.2 million incremental capital
Annual Run Rate Revenue Potential of $186.8
millionexpandable to $280.5 million
Operating Platform for expansion of Worldwide Operations