Stefan Tilk Stora Leverantörsdagen 2019 In December 2011, Saab Automobile filed for bankruptcy The year after, the company was acquired by Kai Johan Jiang who founded NEVS Our vision: To shape mobility for a more sustainable future Since launching the NEVS BP2019, several essential events have impacted the course of action and priorities December January March May July August September 2018 2019 2019 2019 2019 2019 2019 • NEVS strategy • Evergrande acquires • NEVS acquires a • Evergrande • NEVS • Evergrande • NEVS and • Evergrande • Evergrande forms and business 51% of NEVS AB 65% share in a acquires E- acquires acquires 67% of a AutoX signs purchases an R&D platform plan 2019- • (Now 71 %....) joint venture with Traction Protean joint venture with agreement to collaboration with 2025 Koenigsegg aiming Hofer Powertrain collaborate on from FEV, Magna, EDAG, • The R&D and to expand into that will focus on large scale Benteler IAV, AVL and manufacturing new market developing world's RoboTaxi and FEV Koenigsegg to footprint grows with segments leading e- deployment in develop the Guangzhou/ • powertrain system Europe Evergrande’s Nansha site NEVS also acquires 5% shares in in China portfolio of Electric Koenigsegg's vehicles for the parent company, New business targets putting stronger Chinese market with the option to focus on the short-term electrification of acquire an the automotive sector in China additional 15% • World-leading NEV company • 1 million annual vehicle sales by 2024 Note: 1) • 5 million annual vehicle sales by 2030 4 NEVS/Evergrande first aquired e-Traction and then Protean Electric, world leading in-wheel electric motor developer NEVS and Koenigsegg in strategic partnership • NEVS has 20% shares in Koenigsegg's parent company • NEVS also has a 65% share in a joint venture with Koenigsegg aiming to expand into new market segments THE JOY OF DRIVING? 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IN THE LAST 20 YEARS T HEN NO W IS STYLING AND BRAND NAME ENOUGH? 2 0 1 9 A UD I A 7 M S R P : $ 6 8 , 000 - $76, 300 M P G : 22 - 29 W a rra n t y : 4y r/ 50, 000 2019 K IA St ing er M S R P : $ 3 2 , 990 - $50, 200 M P G : 22 - 29 W a rra n t y : 5y r/ 60, 000 Targets NOx NOx No of killed Fuel Commercial Passenger in traffic consumtion vehicles cars - 37% since 2000 Done a lot - 67% since 1990 - 90% since 1990 - 95% since1990 The Swedish transport sector (ex air transport) 1000 ton CO2-ekv. 25000 has high targets to reduce CO2 20000 2030-target: 70% reduction 2010- 2030 15000 Vision 2045: Zero net emission 10000 5000 0 2010 2015 2020 2025 2030 2035 2040 2045 Källa: Naturvårdsverket, SCB, EU targets The Swedish and EU CO2 targets are driving the market So The 3 megatrends Cleaner Shared Safer The industry value is expected to double by 2030 Source: McKinsey The portfolio is built up by three types of product families Volume, Mobility and Fleet Premium and Private Vehicles New Mobility Vehicles Meet the daily travel and life needs Vehicles Optimally meet the daily travel and with status and style Interior and exterior design life needs at competitive prices Emphasis on comfort experience flexibility Low TCO Fancy intelligent interaction, High durability and designed for a Intelligent connectivity & memory connectivity & memory long vehicle lifetime Simple, personal and engaging Premium product features and design Low TCO features and design language language Self driving capability S A N G O Note: in addition the Koenigsegg JV will deliver luxury/hypercar vehicles second to none 33 Evergrande NEVS will in the next years build a product line-up of both driven and driverless vehicles Preliminary Hierarchy Target Size Purpose Product family Product line-up position customers • Establish Evergrande NEVS in Ph1 - • Fleet & the Chinese EV market Compact / Popular residential • Establish supply chain and Intermediate medium products • Private sales capabilities 9-3 Sedan L113 series L111 series • Replace Ph1 in China • Establish NEVS in the volume • Private Small / segments in Europe and in Popular • Corp fleet HN6 Opportunities1): Compact China as a leading OEM Compact low Compact high Small high Compact mobility • MSP sports car, • Vehicle for new business crossover, models and mobility services hatchback Medium / • Private • Establish Evergrande NEVS as HN8 Upper Premium • Corp fleet a premium OEM, building medium • MSP brand and market presence 2x SUV 2x sedan MPV Crossover • Establish Evergrande NEVS in • Private the upper premium segment Large Premium HN9 • Corp fleet further strengthening the SUV Sedan Crossover brand • Establish Evergrande NEVS as a leading provider of PONS / Upper Popular • MSP autonomous on-demand medium SANGO mobility solutions in urban InMotion-Pod Future models to be defined environments world-wide Note: 1) Identified opportunities that require further investigations before inclusion in the portfolio 34 PONS/Sango PONS – the mobility ecosystem Our next generation of products is not only about vehicles. They make up a whole system of products and services that all together become a mobility ecosystem for cities. Sango OEM/Vehicles Fleet Owner/Leasing Citizens PONS City Koro Uptime Fleet Management Content/Data Provider Content Consumer Service Provider Okulo Customer Interfaces Spinon City and Traffic Infrastructure Interface 2019-10-22 Presentation title Types of User Scenarios Ride Sharing Types=> Mostly Commuting situations, Passengers are strangers to each other, main focus on “Shared Privacy” Car Sharing Types => Replaces mostly private car ownership, Passengers families/friends, focus on car sharing 2019-10-22 Presentation title Specific City Case Studies 12000 Scenario Fleet distribution over a 10000 weekday, 2025 8000 6000 4000 2000 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Combination of all applicable user scenarios results in: • Optimized city overall fleet size and fleet utilization rate • Daily and annual revenues of the overall fleet • Vehicle specifications and assumed value of attributes/features • Technical Specs for Components/Systems e.g. • overall mileage & hours of vehicle operation • door-cycles • Usage hours for every seat Synergies between Car-sharing and Ride-sharing Scenario Type Fleet distribution over a weekday, 2026 10000 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 "Ride Sharing" Type Scenarios 24 "Car Sharing" Type Scenarios 2026, Cruising Type Light Goods Type Competition Scenarios Scenarios Mercedes 4% F015 1% Volvo 360c Toyota Baidu ZF e.Go E-palette Apollo Mover "Ride Sharing" Type Scenarios Audi Aicon 46% "Car Sharing" Type Denzo Urban Scenarios Mercedes Fisker Smart EQ Navya Shuttle Moves 49% Urbanatic Honda Neuv 2getthere Bosch Shuttle Navya Cab VW SEDRIC Car sharing only Ride sharing Zoox Renault EZ -Go only Both car sharing & ride sharing Direct competition Revenue Generation Sango vehicles will generate revenues through: • Mobility as a Service in our own PONS system (direct payment from private customers, companies or authorities transportation of people and goods) • Direct Sales of Sango Vehicles (and additional services like maintenance or fleet management) to Mobility Providers or Ride- hailing companies like DiDi, Uber or Lyft. Ride-hailing Companies will require purpose built vehicles to gain advantage over their competitors => There will be a huge demand for such vehicles and Sango is currently the only Mass Production development NEVS current roadmap towards full deployment of PONS in Europe PONS phase 1 Peer-to-Peer NEVS mobility service, utilizing vehicles owned by private persons PONS phase 2 Shared Electric vehicle NEVS mobility service, utilizing NEVS vehicles, mainly owned in fleets PONS phase 3 Shared AD vehicle NEVS mobility service, utilizing NEVS AD vehicles, mainly owned in fleets The solution is not only EVs There must be fewer cars! Vehicle OEM 汽车制造商 Autonomous Connectivity Technologies Services Selected 自动驾驶技术 车联网服务 partners NEVS Mobility Ecosystem build a Fleet Owner Infrastructure 车队拥有者 NEVS出行生态系统 基础设施 complete ecosystem Mobility Service Mobility Service Operator Provider 出行服务运营者 出行服务提供商 Beijing- Tianjin- Hebei Yangtze River Delta We need many plants to make it… In a few years, NEVS will have eight production sites with a max capacity of more than 1 million vehicles per year We need talented and dedicated employees to make it We have that – but we need many more! Follow NEVS on social media Thank you! Any questions? .