CEC Merit Review December 2, 2015

High-Power Electric Systems for Transportation and Energy Storage

TransPower Company Profile

• Emerging leader in electric vehicle technologies for large commercial vehicles (trucks, tractors, etc.)

• Secondary utility-scale stationary energy storage business

• Business model:

• Near term (thru 2016): turn-key vehicle conversions

• Longer term (2017-): high volume sales of systems/components to OEMs, augmenting conversions

2

TransPower Business Areas 3

Efficient Propulsion

Vehicle Conversion

Vertically Integrated

Manufacturing

R&D

Energy Storage

Controls Subsystem Assemmbly

Component Manufacturing

Electric drive system layout in a typical Class 8 On-Road Truck

Main Drive Motor(s)

Electrically-Driven Accessories

Automated Manual Transmission

EV Control System

Inverter-Charger Unit (ICU)

Battery Energy Storage

TransPower Vehicle Projects

Class 8 On-Road Trucks

5

Yard Tractors

HD School Buses

Cargo Handling Equipment

Refuse Trucks

MD School Buses & Trucks

TransPower 2015 Demonstration Port Equipment 6

Electric Reach Stacker Demonstration – TerminaLift (POSD)

Electric Drayage Truck Demonstration – SA Recycling, TTSI, Cal Cartage, NRT, Knight, PASHA, 3 Rivers

Off-Road Electric Yard Tractor Demonstration (EYTD) – IKEA (Tejon, CA), PASHA (POLA), & APM (POLA)

On-Road Electric Yard Tractor Demonstration – Osterkamp, PASHA

RESULTS: Electric School Buses 7

High-power electric school buses, proven in service • Converted largest bus model (40’) to

electric drive in 2013 – approved by California Highway Patrol and used to transport high school students in 2014

• Partnered with Clinton Global Initiative and funded ($2M) to convert six mid-sized (26’) buses for use by three California school districts starting in 2016

• Discussing possibilities for large scale manufacturing with major school bus OEMs

RESULTS: Independent Testing of our Electric Truck 8

UCR Test Conclusions: • “In all cases, the electric HDV

[TransPower heavy-duty vehicle] had favorable performance, reduced fuel consumption, improved fuel economy, and significant emission reductions compared to current model year conventional-diesels.”

• “For typical drayage drive cycles, usage costs for the TransPower electric HDV are projected to be less than one-quarter of the costs for a comparable conventional truck, resulting in estimated cost savings of more than $350,000 over a ten-year operating life (assuming 30,000 miles of operation per year)..”

TransPower electric truck being tested on chassis dynamometer at UC Riverside, 2014

RESULTS: Independent Testing of our Electric Yard Tractor 9

UCR Test Conclusions: • “In all cases, the YT [TransPower

yard tractor] had favorable performance and emission reductions compared to the conventional-diesel and hybrid-diesel YTs previously tested.”

• “…performance is well matched to a conventional vehicle.”

• “The electric YT showed cost savings during all test cycles, as compared with conventional and hybrid-electric YT technologies.”

TransPower electric tractor being tested on chassis dynamometer at UC Riverside, 2014

UCR Test Results: The Bottom Line 10

$378,000 in energy savings over 300,000 miles

Source: UC Riverside/CE-CERT Dynamometer Lab.

$121,500 in energy savings over 150,000 miles

$1.49

$0.44 $0.23

Conventional Diesel Truck

Competing Electric Truck

TransPower Electric Truck

Energy Cost Per Mile – Class 8 On-Road Truck

72,000 lb. total weight, near-dock duty cycle

$1.12 $0.99

$0.31

Conventional Diesel Tractor

Competing Hybrid Tractor

TransPower Electric Tractor

Energy Cost Per Mile – Class 8 Off-Road Yard Tractor

72,000 lb. total weight, port yard tractor duty cycle

Expanding List of Engaged Fleet Operators 11

2011-2014 • 2011

• None

• 2012 • HEB

• 2013

• Total Transportation Services, Inc.

• Terminalift

• 2014

• Walmart • IKEA • APL Terminals • SA Recycling • Dole Fresh Foods

2015 • Kroger/Ralph’s • Harris Ranch • Grimmway Farms • Blue Diamond Almonds • FedEx • Knight Transportation • Central Valley Ag • California Cartage Company • APM Terminals • Evergreen Terminals • Farmer’s Rice Cooperative • BAE Systems • Waste Management • County of Sacramento • Devine Intermodal • Osterkamp Group • Pasha • NRT Transportation

Customer Locations 12

LA Port Routes 13

More Information 14

Joshua Goldman

Joshua@transpowerusa.com

www.transpowerusa.com

858-449-4629