Corporate

Presentation
Yverdon-les-Bains, Switzerland

September 2019
 AGENDA

Who we are

Leclanché technologies

Our reference customers

Our leadership team

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 Company history

1909 Company founded

•Georges Leclanché inventor of modern Leclanché cell., first modern battery.
•Manufacturing of Zinc Carbon cell
•Manufacturing of Lead Acid batteries.
•Manufacturing of Capacitors
•Manufacturing of Alkaline batteries

2006 Acquisition of Lithium ion Technology

•Technology developed by the Fraunhofer Institute in Germany
•Development of technology for industrial applications.
•2009 implementation of automated production.
•2012 implementation of large scale manufacturing, using water based process (world’s first)

2015 Implementation of Growth Plan

•Anil Srivastava joins as new CEO.
•2016 Golden Partner joins as shareholder and funds the company development.
•2015 - 2017 Further investments in System technology.
•2018 Large scale deployment of technology in Transport and Stationary Energy Storage Systems.
•2018 Acquisition of Energy Management System (EMS).
•2018 Joint Venture in India with largest local battery company (Exide).

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“We are a world leading provider of high quality energy storage solutions, accelerating the integration of renewable
energy into our grids and powering the electrification of transport systems. We have over 100 years of battery and
energy storage innovation, powered by German engineering and Swiss quality.”
 What we do

Electrification of transport systems

• We deliver integrated Battery Packs for Electric Vehicles of
all sizes, with intelligent interface to the charging
infrastructure.

Renewable energies integration

• We deliver Energy Storage Systems that reliably add
intermittent solar and wind energies in the electricity
network as dispatchable power on an as needed basis.

World leading in-house technologies

• Electrochemistry to Energy Management Software: Lithium
Cells, Battery Modules, Racks & Packs; Battery Management
System; Energy Management Software.

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Our Value Proposition
 We address USD 10 billion market growing @37% CAGR
Utility-scale generation & Commercial & industrial eTransport
microgrids battery systems

• Micro-grids: renewable integration • Commercial, industrial & residential • Fleets of buses, trains & trams
• Grid stabilisation and peak shifting • Solar lighting, medical, telecoms, security • Ferries and tugboats
• Fast EV Charging & defence • Forklifts, cranes, mining vehicles
• Branded consumer (selected markets)

5.0 12.0 8.0

11.3

4.2

4.0 6.0
9.0 6.0

3.0
GWh

GWh

GWh
6.0 4.0

2.0

3.0 2.0 1.7

1.0 0.9
1.8

0.0 0.0 0.0

2016 2020 2016 2020 2016 2020

Source: Navigant Research

 World leading
Leclanché
energy storage
technologies

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 Our Technology
Advanced production techniques

Lithium cells
•
• Battery chemistry technologies
•
•
Proprietary Lithium Titanate
Oxide (LTO) cells for leading
performance in long-life and
rapid-charge applications (sole
manufacturer in Europe)

Proprietary G-NMC cells for

Modules, Packs and Racks energy intensive applications

•
(continued R&D enhancements
made)

Module design

•
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 Common technology stack: serving multiple markets,
enhancing margins
We deploy our proprietary cells, yet remain flexible to incorporate other
storage technologies with our software and controls
Lithium Titanate Oxide (LTO) Lithium Graphite/NMC (G-NMC) Integrated 3rd Party Technologies

Cycle life >20,000 @ 80% DoD 8,000 @ 80% DoD ▪ Hydrogen fuel cells
▪ NiMH
▪ Lead acid
Lifetime & Up to 20 years Up to 10 years
warranty ▪ Ultracapacitors

Charge time Less than 15 minutes (4C) 1 hour (1C)

to 90% SoC
Charge Symmetrical to discharge Asymmetrical to discharge
acceptance (max. c-rate 7) (max. c-rate 1)

Energy 70 Wh / kg 210 Wh / kg within 2019

density 270 Wh/ kg in 2020
Temperature -20°C to +55°C 0°C to +45°C
range
Safety Laminated ceramic separator Laminated ceramic separator

Ideal use •Power intensive applications •Energy intensive Electric Vehicles

cases •Long lasting applications •Renewable energy integration
•Applications needing •Low cycle applications
rapid response •Bulk storage or weight
•Grid stability projects critical applications

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 Our patents portfolio

Our IP portfolio of patents protects our proprietary cell

technologies and water-based processing methods

Coverage area # of patent families # patents granted # patents filed

LTO specific
5 35 5

Manufacturing
3 37 30
process

Separator
1 - 5
technology(1)

System/module
2 - 3
integration

11 72 43

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 Competitive products: on target to achieve 55% cost
reduction between 2015 and 2020 through innovation and
engineering
Reduced cost-base by 49% increase in Cell capacity; >90% for high energy density Cells
more than
50% Cell capacity increase Cell cost reduction
90 320 400

Plans to triple cell 270 300

Cell Wh
70

Cell Ah

€/kWh
220 200
manufacturing capacity 50
170 100
30 120 0
2015 2016 2017 2018 2019 2020 2021 2015 2016 2017 2018 2019 2020 2021
Systems Assembly and Ah Wh Material cost €/kWh Manufacturing costs €/kWh
Testing capacity
build-up New modules for eTransport applications
• New gen M3 modules design: 30% reduction in component costs.
• New automated assembly line in Yverdon, Switzerland, by mid-2020 in
partnership with Comau (Fiat Chrysler Automotive group company): >5
fold increase, 350 MWh in Module manufacturing capacity.

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 Continuous innovation: strong national and
European alliances for lithium cells
EUR 500 million
initiative launched by Battery cell research and production centre
the German Federal • Cell development plant for the battery industry, set-up through the
Ministry of Education Fraunhofer Institute, to produce cylindrical and pouch cells.
and Research (BMBF) • Leclanché part of the industry consortium contributing to the plant
set-up and operation.
Largest industrial partner
within the consortium German European Battery Alliance and “Batteriezellfertigung”
funding
• Major cell production industrial ramp-up support from Germany through
budget of EUR 1 billion
the EU’s European Battery Alliance and the use of an IPCEI (Important
Project of Common European Interest) process.
By 2020, Leclanché
aims to deliver >300 Wh per • Leclanché has notified its interest in participating in the process
through the establishment of an industrial consortium led by Leclanché
kg/ 500 cycles
and other partners (Umicore, Solvay, SGL Carbon, CS Additive, Manz,
cells for cars; >230 Wh per Kg/
PEC).
>2’000 cycles cells for heavy
duty transport vehicles

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 Leclanché integrated solutions for electrification of
transport systems

• Superior in-house Cells and Battery Management Systems (BMS) to custom

design Battery Packs for Electric Vehicles of all sizes.
• Intelligent and dynamically configurable integration with charging
infrastructure to optimize fleet operations.
Marine Racks

BMS

Lithium Cells
G/NMC
Modules

LTO

BMS

Electric Vehicle Pack

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 Transport systems application

Marine vessels Land transport

• •
• •
• •
•
•
•

Off highway Material handling

• •
•
•

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 Leclanché energy storage systems for better
integration of renewable energies

Leclanché Software and Controls package provides

flexibility across multiple applications
Energy Management
Software (EMS)

Universal Fleet
Management Software

Lithium Cells
G/NMC
(UFMS)

BMS
LTO
Modules and Racks

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 Customer applications delivered

Utility services / grid connected

• • Ancillary services
• • Transmission deferral
•

EV fast charging
• • Rapid DC EV charging
•
•

•
•

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 Our reference
customers

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 Stealing a march on our competitors in the fast growing
Electric Vehicles (EV) market

Master Supply Agreements

with recurring annual
revenues
We have created a new
Custom-designed battery business unit in the
packs for fleets of Electric fast growing EV market
Vehicles based on 100%
Solutions developed and
Leclanché technology Engineered for Fleet EVs and
Shared Mobility
Energy storage
solutions for smart We are focused on the
Underserved e-Marine
charging infrastructure
market

Yara Birkeland will be the world’s first fully electric and autonomous
container ship, with zero emissions. With this vessel, Yara will reduce
diesel-powered truck haulage by 40,000 journeys a year.
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 Stationary storage solutions for leading customers worldwide

From less than 1 MWh in 2015

to 100 MWh projects
commissioned
by 2018

Comprehensive
set of software and
controls for Leclanché
Energy Management
Software (EMS)

EPC turnkey solution

for a wide range
of applications

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 Recent Announcements of Industry-leading Projects
Cremzow

Cremzow sets the mark for

German merchant market
ancillary services

E-Ferry is the largest all-

E-Ferry
electric passenger vessel

St Kitts is largest
Solar+Storage Project in
Caribbean

St Kitts

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 Our leadership
team

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 Our leadership team

Anil Srivastava
CEO

Hubert Angleys Phil Broad Bryan Urban Fabrizio Marzolini Pierre Blanc
CFO & COO EVP EVP EVP CTIO

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 Disclaimer

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Thank you