The 10 Most Promising EV Solution Providers Of 2022 April2022

Editor’s Desk

Enhancing EV Solutions

Tjuncture.Everytimeoilpricesarehikedorclimate change-relatedtopicsarediscussed,thesolutionin theformofelectricvehiclesemergesinthediscussion. Electricvehiclesareagreatmediumtocreateanimpacton minimizingtheuseofpetrolanddieselandreducingthe threatduetoclimatechange.Usingconventionalenergy sourcescertainlyputsthewholeworldatriskbecauseofthe carbonemissionfromtheseresources.Usingrenewable energysourcesisbecominganessentialstepinmitigating climatechangeandactinginharmonywithsustainable development.

hefutureofmobilityseemstobeatacritical

Thecivilizedpeoplemustthinkintermsofsustainable solutions.Itisnotjustaboutthinkingaboutthepresent generationsbutalsoaboutfuturegenerations.Business leadersinvestinginsustainablesolutionswillcertainlyavail aconsiderableadvantageinthefutureandagreatsenseof satisfactionduetocontributingtoanoblercause.

Electricvehiclecompanieshavetheirchallenges,suchas limitedrange,replacementcost,chargingtimeofvehicles, charginginfrastructure,andmuchmore.Butpromising electricvehiclecompaniesinnovativelyaddresstheseissues anddeliverbetterandbetterserviceswitheveryrisingday. Thesecompaniesarefurtheringtheadoptionofelectric vehiclesgloballyandareplayingasignificantroleinthe fighttheworldagainstclimatechange.Theactionsand initiativesbythesecompaniesarereducingthecostsof batteriesandreducingtherequiredchargingtimefor vehicles.

Depletionoffossilfuelsisminimizedduetotheemergence ofefficientelectricvehiclesolutionproviders.Promising electricvehiclesolutionsprovidersareattractingpeopleto

chooseelectricvehicles,anditisawin-winsituation inthedirectionofsustainabledevelopmentgoals. Viablesolutionsprovidedbythesecompaniesto drivewithoutcausingdamagetotheenvironmentare becomingareality.InnovativeandsustainableEV solutionsprovidedbytheEVcompaniesenhancethe EVmarket,reducingthedependenceondamaging fossilfuels.Choosingtogogreenisnotanoption anymore,butitisbecominganabsolutenecessity, andtheemergenceofEVcompaniestofacilitatethis changecanbethenorminthecomingtimes.

Theoutlookforelectricvehiclesisauspiciousdueto alltheinnovationsinthisfield.Thereisconsiderable scopeformoreinventivesolutionsinthisfield.The technologiessuchasconnectedcarsandfastand smartchargingareacceleratingtheadoptionofEVs intheworldinthelastfewyears.Bidirectional charging,improvedbatterytechnologieswith superiorEVperformance,andaffordabilityare becomingpossiblewithsolutionsprovidedby promisingEVcompaniesandthereseemtobemore innovationsinthecomingtimes.Innovative technologiescanundoubtedlymakeitpossiblefor EVcompaniestotakeoverthemarketandmakethe worldtrulyasustainableplace.

Inthiseditionof "The 10 Most Promising EV Solution Providers Of 2022," wepresentcompanies providingthemostvaluableandinnovativeEV solutionsandcontributingtotheincreaseintheEV market.

Let'shavealook!

sharad@insightssuccess.com

Sharad Chitalkar

FeaturedPerson

Aceleron aceleronenergy.com

Addionics addionics.com

BlinkCharging blinkcharging.com

BluedotTechnologies thebluedot.co

Canoo canoo.com

The Promising EV Of 2022

BriefCompanyName

AmritChandan Co-founder&CEO

MoshielBiton Co-founder&CEO

MichaelFarkas Founderand ExecutiveChairman

SelinayFilizParlak Co-founder

MarkSmith DirectorCAD&3D

CasperKirketerp-Møller CEO Clever clever.dk

EVSELLC evsellc.com

GÜNSEL ElectricVehicles gunsel.com.tr

JohnFahy President

Prof.Dr. İrfanSuatGünsel

Chairman& ChiefExecutiveOfficer

SergeSubiron CEO Jedlix jedlix.com

VoltaTrucks voltatrucks.com

DuncanForester Chief CommunicationOfficer

Aceleronisalithiumbatterydeveloperaimingtoacceleratethe globalshifttocleaner,morerenewableenergy

Addionicsprovidesspecialisedimprovedrechargeablebatteries byredesigningtheirarchitecture.

BlinkChargingisleadingproviderofelectricvehiclecharging equipmentandnetworkedEVchargingservices.

BluedotisdedicatedtoprovidingsmartEVchargingsolutions forsmartcitiesandSMEowners.

Electricvehiclesdrivenbytechnologyandpoweredby innovationthatputsyouincharge.

Cleverisoneoftheleadingelectricmobilityoperatorspaving thewayforsustainablemobility.

EVSELLCdesignsandmanufactureselectriccarcharging stationsandchargingsupportequipmentintheUnitedStatesat itsheadquartersinEnfield,Connecticut.

Günselispassionedfortheautomobilecombinedwithout innovativeperspectivegaveusastronginspiration.

Jedlixoperatesauniquemonetizationinfrastructuretoenable smartcharging.

VoltaTrucksbuildselectrictrucksforsustainablecities.

R

T

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John Fahy President EVSE LLC

WehavecomealongwaywithElectricVehicles. Withmoreandmorepeopleshiftingtowards EVs,theelectrifiedfuturedoesn'tseemtoofar

Themostessentialfactorthatdefinestheadoptiontrendsof EVsishavingadequatecharginginfrastructureinplace. Andthus,manychargingsolutionscompaniesare contributingtoachievingthismilestone.Onesuchcompany driventoproducetheworld'ssafestandsmartestelectric carchargingstationsis .EVSELLC

TherootsofEVSEliesinitsparentcompany,Control ModuleInc.(CMI),whichbeganoperationsbackin1969 withitsownerJamesS.Bianco,aninventoratheartwith over200patents.ControlModulehasalwaysbeenan innovatorandaleaderindevelopingbarcodesearlyonand sincethattimeinthetimeandattendancemarketproducing timeclocksfortheFortune500.Thecompanyhasextended itsexpertiseinelectronics,software,hardwareand communicationsintothefleetmarketplace,supportingthe majorrentalcarcompaniestotrackandmanagetheirfleets atmajorairportsthroughouttheUSandCanada.Now,it hasalsoappliedthatknowledgetothechargingstation marketplace,whichisheavilydependentonthesame technologies.

WeatInsightsSuccesscaughtupwith ,theJohnFahy PresidentofEVSE,tolearnmoreaboutthecompany

LeadingtheSpace

JohnjoinedControlModulein1980asamachinist.Later, hewaspromotedtoShopSupervisorin1985,became ManufacturingManagerin1991,VicePresidentof Operationsin1999,andthenPresidentin2012.Currently, inhisrole,hemanagesControlModuleanditssubsidiaries, includingEVSELLC.Heisheavilyinvolvedin manufacturingoperationsandthedesignanddevelopment ofnewprototypesforitsbusinesses.

JohnstatesthatEVSELLChasshowntechnological leadershipintheEVSEindustry,havingtheonlyretractable cablechargingstationmodelsandapplicationsofthose designstouniqueinstallations,includinggarageceilings andlight/utilitypolesforcurbsideparking. "Being environmentally inclined, with a recent solar installation on the roof of our plant, we are a net-zero consumer of electricity," hesays.

AUniqueRetractionApproach

EVSE'sproductlinehasaddressedcablemanagementsince itsfirstmodelwasreleased.BasedintheNortheastwiththe constantthreatofsnow,itsinitialconcernwasthatthe J1772chargingcableswouldbesnaggedbysnowplows, andthatdrovethecompanytobuildretractablecable systems,whichareuniqueintheindustry Thissystem retractsthecableintothehousingofthechargingstation.

Johnmentionsthatearlychargingstationsonthemarket ignoredcablemanagementandlookedmorelikeairhose equipmentwiththecableslyingallovertheground.With EVSELLC'sencouragement,thisledtotherequirementfor cablemanagement,whichnowlooks,inmostcharging stations,likewhatyouseeatgasstations,with"Angel Wings"tokeepthecablesofftheground.

EVSELLCchargersofferapatentedretractionsystemthat uniquelyaddressesissuesofAmericanswithDisabilities, OSHAregulationsandvandalismtothecable.Thisunique cableretractionapproachallowsthecompanytoputits chargerswhereotherscan't,suchasgarageceilingsand lightsandutilitypolesat10footofftheground.Recent utilitypilotswithEVSE'sequipmenthavedemonstrateda 50-70%savingsoninstallationcostusingtheelevated utilitypolemountingofthesechargersovercomparable ground-levelinstallation.

Johnexplains, "Our cable management approach using the retractable cable has allowed us to do some unique things

that others cannot. For instance, we are currently in discussion with roughly 100 utilities and municipalities discussing the potential for the use of our elevated light and utility pole charging stations for curbside parking, multiunit dwellings, disadvantaged communities and flood zones. Through experience in Los Angeles with our large base of light-polebased equipment, we have learned that mounting the equipment at 10 foot on the pole has significant advantages in reducing the potential for vandalism. It gets the equipment away from pedestrian right-of-ways at ground level, and allows the utility to mount the equipment on poles it already owns. The cable is dropped to ground level using a network provider's smartphone app or ground-level RFID card reader. This ties in nicely with the trend of performing LED conversions to improve efficiency across municipalities."

"We are currently participating in another pilot in the Northeast outside of Boston, with a major utility, that is mounting the equipment at 10 feet on wood, utility poles that offer the right voltages and ample current to run the equipment at 40A output per cable. Significant results from that pilot indicate a 50-70% savings on installation cost over ground-mounted equipment by mounting these on the utility poles and pulling power from above. This avoids the significant costs associated with trenching, bollards, footings and pulling power to the ground level unit. This same pilot has demonstrated that our high accuracy meter, developed at Control Module, is of sufficient accuracy (+/0.2%) that it may allow us in the near future to replace the utility's revenue-grade meter on the pole with a meter in the charger, allowing billing for electricity through the network provider."

Thissameretractabletechnologyisfindingahomein garagesandpoleorwall-mountedinstallationsinparking lotsthroughoutthecountry

LeveragingOCPPCommunicationstoThrive

EVSE'schargingstationequipmentusesOpenChargePoint Protocol(OCPP)communications,whichallowsitto

communicatewithanyOCPPnetworkprovider.Thisislike theUSBconnectoronyourlaptop,whichallowsyouto communicatewithanyUSBperipheral.Thecompanycan dothesamethingwithitschargingstationsandhas developedaportfolioofnetworkprovidersthatitworks with.ThisiscalledanOpenNetworkasopposedtoa ClosedNetworkwhichmanyofitscompetitorsuse.

Johnfurtherexplainsthenetworkprovidersaddhorsepower tothechargingstation'scapabilities,includinga smartphoneandapp,a24/7/365callcenter,interfacesfor boththedriverandthesitehost,paymentservices, reservations,loadmanagement,advertising,charitable contributionoptions,etc.Theseaddedfunctionsbringthe chargingstationintotherealmofthetypical"Green Generation"driverthatisinclinedtousetheequipment.

Heasserts, "As I mentioned before, our advanced metering may offer future opportunities to reduce billing complexity for municipalities as they install more and more of this equipment.

We also have found that doing something as simple as allowing branding of our equipment with vinyl wraps to be a helpful way to allow utilities to work closely with their municipal customers to co-brand the installs."

ConstantlyEvolvingintheIndustry

Whenaskedabouttheessentialelementforanelectronic vehicleserviceprovidertothriveintheindustry,John suggeststhatitrequiresthededicationtoasoundly engineeredproductthatcanwithstandtherigorsofpublic abuseforlifetimesofupto10yearsinallclimates.He notes, "This is a tall order, and we are constantly learning. Our products are in their third generation of development, and they continue to evolve. In addition to meeting industry standards, we need to provide that product at the right price and in a timely fashion with consideration of the life cycle cost of the equipment."

Talkingaboutotherelements,headds, "Secondly, we have to be educators of the public in a technological area that most consumers are still becoming acquainted with. Being a combination of electronics and software technology, communications networking, and smartphone applications, it is not as simple as just plugging a charging station into an electric vehicle for those buying the equipment. It goes much deeper in making the actual purchase decision."

"Lastly, we need to listen to the customer to understand their requirements, whether they be a utility requiring a vast network of chargers or the single homeowner wanting a charger for their garage."

GivingBacktotheCommunity

Whenitcomestogivingbacktothecommunity,Control ModuleandEVSELLChavemadecommitmentstoa Greenenvironmentwithitsbuildingbeinganet-zero consumerofelectricityduetothefieldofsolarpanelsonits roof.

Our revolutionary cable management system maximizes safety and reduces liability.

Thecompanymanufacturesitsequipmentinits44,000 squarefootfacilityhereinEnfieldanduseslocal contractorsintheMAandCTmarketstoperformsubtasks. Itsemployeesliveinthelocalcommunitiesofbothstates.

Besides,itisinvolvedandparticipatesinthelocaland nationalpoliticsmakingsureitsinputisprovidedand heard.Ithasbeenamajoradvocateforcablemanagement andthishasproducedsignificantresultsacrosstheindustry.

Inaddition,thecompanyalsocontributestoitscommunity financially,whereitfindsopportunitiesconsistentwithits culture.Ithasalsocollaboratedwithitslocalcommunity collegesandtradeschoolstoprovideopportunitiesfor internships.

WordsofEnlightenment

InhisadvicetoemergingleadersintheEVindustry,John says, "Listen to the customer and evolve with the industry standards and requirements. Stand by your product and react to customer issues in a timely fashion to be responsive and responsible. Have adequate funding before you undertake a project. Surround yourself with qualified and knowledgeable team members that have a pulse on the market."

AnUrgetoReachNewHeights

ThecoreofEVSE'sstrategyistobuildonasolidproduct which,althoughmoreexpensiveonaproductbasisdueto beingassembledintheUSAwithUSlaborandwitha drive-trainuniquetoEVSELLCequipment,hasamongthe lowestlifecyclecostsamongitscompetitors.Thisis becauseotherissuestoconsiderareinstallationcost, includingbollards,trenchingandlabor,damagetothe chargingcableoveritslifetimeduetovehiclesand vandalism,andgeneralliabilityresultingfromstrewn cablesleadingtotrippingincidents.Itsequipmentisalso builttolastwithpowder-coatedaluminumratherthan plasticandmodularconstructionforeasyservicing.

Johnconcludes, "We will always be a niche player with our retractable cable systems. But we hope to be a manufacturer recognized for its quality commercial products and surround ourselves with outstanding team partners, installers, resellers, network providers that give our customers the best value for the money. We will then capture a small but significant portion of the huge EVSE market growth to come."

Promising EV Soluon Providers of

Empowering Global Communities by Increasing Access to Energy Storage Solutions

Wearelivinginaworldwheretheenergycrisisis agrowingconcern.Avoidingenergywasteand takingactionsthatareinharmonywiththe principleofsustainabledevelopmenthasbecomemore necessarythanever.Manycompaniestookthe responsibilitytomeettheneedsofbothourpresentandour futurebybuildingsolutionskeepingsustainabilityinmind. OnesuchcompanyisAceleronLtd.

Aceleronwasformedwithamissiontoacceleratethe globalshifttocleanerenergyusagebycreatingstorage technologythatismoreaccessibletoall.Thecompany createsbatteriesthatgivepeopletheabilitytoaccessand useenergyinacheaper,moreeffectivewaybecausethey areeasytorepair,reuse,andrecyclephysically

WecaughtupwithAmritChandan,theCo-founderand CEOofAceleron,toknowmoreaboutthecompanyand howitcontributestobuildingsustainablesolutionsthatcan minimizethecarboncrisisintheworld.

Below are the highlights of the interview:

Whatledtotheinceptionofthecompanyandtakeus throughyourroleatthecompany? CarltonandImetinanelectriccaratanenergytradeshow in2015andgottalkingabouttheseriousissueofbattery wasteandtheharmfuleffectsontheenvironment.Most batteriesaremadebyweldingthepartstogether,sowhen onepartfails,theentirebatteryisnolongerusefulinits currentstate.Wedecidedthatbetweenus,wecoulddesign anewkindofbattery,whereeverypartisrepairable, replaceable,andrecyclable-andthatiswhatwehavedone with‘TheEssential’.

AsaCEOandCo-founderofAceleron,Iamresponsiblefor settingthevisionandthecultureoftheorganization.Iam bringingtogetheracadreofexcellentpeopletosolveareal loomingchallengeintheworld.

Beinganexperiencedbusinessleader,whatisyour opinionregardingtheimpactoftheCOVID-19 pandemicontheEVindustry?Andhowhasyour organizationmanagedtoovercomethissignificant challenge?

Covid-19hascausedmuchdisruptionintheworld,butit hasalsogivenusagreatopportunitytopauseandreflecton thewaywedothings.

Specifically,withinthebatteryindustry,theavailabilityof electroniccomponentsandvolatilityintherawmaterial marketsmeansthatthegeneralcostofbatterieshas increasedsignificantlyoverthelast12-monthperiod.This isawidersystemicissuethanjustbatteriesinthatithas impactedtheautomotivesectorandothersectorstoobutwe aredefinitelyfeelingthebite.

Ontheotherhand,demandforbatteriesandrenewableshas increasedsignificantlyasmorepeoplebecomeawareofthe climatecrisisweface.

Describethecompanyanditsinnovativetechnologies improvingtheenvironmentandcostsfortheclients. AceleronhasdesignedTheEssential,theworld'sfirst circulareconomybatterywhichisbuilttoberepaired, reused,andrecycled.Theabilitytorepairthebatterymakes ita 'battery for life';aftertheinitialpurchase,thebattery willneedtobeservicedandrepairedovertimebutnever completelyreplaced,keepinglong-termcostsdownand makingitthefirstofitskind.

Amrit Chandan CEO and Co-founder Aceleron

Kindlyprovideaninsightintoyourcompany'sdurable productsandservicesservingavarietyofindustrieson aglobalscale.

Usingauniquecompressiontechnologydevelopedby Aceleron,TheEssentialisbuiltsothateverypartthatneeds tobereplacedcanthenberepurposedorrecycled,meaning nopartshouldeverneedtogotolandfill.

Itcanprovideuninterrupted,reliablepoweratseveral differentvoltagesandcoversarangeofhigh-spec, high-poweredapplicationsfromleisurevehiclestomedical responsevehiclesandlightelectricvehicles.Itcanalsobe usedindividuallyorinseriestoprovideanuninterrupted powersourceforlargerapplicationssuchasadatacentre.

Onaglobalscale,ourbatteriesgivepeopletheabilityto accessanduseenergyinacheaper,moreeffectiveway.For example,wehaveapartnerinKenyacalledASOBOBoats wherewehavereplacedthedieselenginesonfishingboats withourelectricmotorsandbatteries.Notonlyhasthis reducedthecostofoperationforthefishermen(noneedfor expensivefuels),butitishelpingtocleanupthelake, significantlyreducingcarbonemissions,allowingthe naturalhabitattothriveinapollutantfreeenvironment.

AsacompanyintheEV,whatadvancetechnologiesare youleveragingtomakeyourservicesmoreproductive andapproachable?

Therearetwokeyaspectshere;

(i)thehardwaretopackagebatteriesinawaythatdoesn't requirepermanentassemblytechniques(spotweldsetc)and

thereforemakesthebatteryeasytophysicallyrepair,reuse andrecycle.

(ii)thesoftwareintelligencetocollectdataonthebattery andknowwhichcomponentsareusefulforwhichsecond lifeapplication–forexample,someEVbatterycellsmay begreattopoweralightelectriccarwhilstotherswouldbe greatforpoweringahouse.

Inwhatwayshasthecompanycontributedtothe community?Ifgivenachance,whatchangewouldyou bringtohelpotherElectronicsVehiclecompanies?

Aceleronhasastrongfocusonpositivesocialimpact. Directlythroughtheuseofourproducts,weestimatewe havenowimpactedover150,000personsaroundtheworld. Thisisjustadropintheoceanofourambition;somuch morewillhappen.

Separately,weregularlyhelppeopleskillupthroughthe AceleronInternshipProgrammeandteammembersare encouragedtotakepartinpromotingSTEMand sustainabilitywithinthelocalcommunitieswithinwhich weoperate.Forexample,someofourprojects(e.g.our programmewiththeInterAmericanDevelopmentBankin theCaribbeanhaveanelementofpresentingtoyoung peopleinschoolsandeducatingthemonthebenefitsof renewablesandbatteriesaswellaspursuingSTEMsubjects inhighereducation.

ItwouldbegreatifotherEVcompaniescouldadoptthe triplebottomlinethinkingwhereconsiderationisgivennot onlytoprofit,buttosocietyandtheenvironmentwhich wouldultimatelyleadtothecreationofavirtuouscycle.

Whatareyourcompany'sfutureaspirations?

Theworldisrapidlyelectrifying–theneedhasneverbeen greater Wewanttoprovideasolutiontothepotential challengeofbatterywastethatweseemtoalmostbe sleepwalkinginto.Wealsowanttopositivelyimpactat least10mpeoplearoundtheworldthroughourtechnology andleavetheworldinabetterplacethanwhenwestarted.

“Aceleron is motivated to empower global communities by increasing access to energy storage solutions for its customers around the world.”

Not a Dream, but Reality

fsomeonehadtoldmeafewyearsbackthoseelectric

vehiclesarethefutureoftheautomotiveindustry,I wouldsayitisnothingbutadaydream.Todaythat daydreamisareality,andElectricVehiclescompaniesare shootingacrosstheskieswiththeirsustainablesolutions. Imagineaworldwithoutharmfulemissionsandonlysmart EVsaroundus,makingtheenvironmenthealthyandclean. Yes,itispossibleifwekeeptherightapproachandEV solutionsaredefinitelyattheforefrontofit.

WhatitBringstotheTable?

Ironically,humansareresponsiblefortheharmfuleffectson theenvironment,andwecouldalsorepairitbyintroducing suchEVsolutions.Yes,that’swhathumansarecapableof; wehavemadeitpossiblewiththehelpofEVcompanies andarereadytotransformtheautomotiveindustry.And that’swhattherealchallengeis,bringingatransformation intheworldthroughEVsolutions.

Theeffectsofthetransportationsectorontheenvironment arebecomingasevereissue.ElectricVehiclessolutionsare heretocontrolthethreatcausedbytheautomotiveindustry So,whenyoutakeyournextfreshbreath,don’tforgetto thanktheelectricvehiclesindustryforkeepingtheairpure foryou.

TheTransformationthatWorldNeeds

Inthesmartworldof2021,ourvehiclesgottobesmarttoo, andbyusingEVsolutions,wecankeepupwiththe changingneeds.Nevertheless,EVsolutionsaretheneedof thehourandthefutureoftherenewableindustry. WearefeelingtheneedforEVsolutionslookingat renewableenergyandtheeffectoftheclimatecrisisinthe past.ThegoalshouldbetheusageofEVsolutionsinour dailypartoflife.ThecompaniesprovidingEVsolutionsare passionateaboutcreatingproductsandservicesthat sustainablytransformtheworld.

DisclosingReality

Wecannotunderminethereality,andtherearenotmany chargingstationsneededforElectricVehiclestothe customerneeds.Todayitmaybeless,butthiswillnotbe permanent;EVsolutionswillbeallovertheglobeinthe future.

ItisourresponsibilitytocreateanenvironmentwhereEV grows.Ultimately,livinginahealthyandcleanclimatewill impactourlives,solivingsustainablywithEVisthewayto go.TherewillsoonbeaworldofthebestEVsolutionsto serveelectricvehicleswithnocarbonmobilitywiththebest techtoolsout.TherearealreadyEVcompaniesimproving thesolutionssustainably

TakeYourChance

ElectricVehiclesaretheshiftofthetransformationfromthe traditionaltothemodernapproachofliving.Mostofthe worksdonebytheEVsolutionsrevolvearounddealingthe environmentalchallenges.Theyarethereasonbehind buildingacultureofinnovationandtransformationthrough itssolutions.TheEVsolutioncompaniesallowustoreflect onthethingswherewearegoingwrong.

Itresemblesmoreinthesituationliketheongoing pandemicwherecompaniesfacedbiggertransportation challenges,andthebottom-linewasthelackofworkforce. ElectricVehiclescompaniesarebuilttofacesuch unprecedentedchallenges.Itisabouttimethatwereplace transportationwithelectricvehiclesandthesolutions providedbythem.

Thisuniquetechnologycancoverarangeofindustrial solutionslikehigh-poweredapplications,medicalvehicles, andlargerapplicationslikedatacenters.Onaglobalfront, thesesolutionsarecompletelyreadytotaketheplaceofthe traditionalsolutions.Itisreadytoimpactourlivesandis alreadydoingit,andsomuchmoretocome.

ItwouldbegreattoadopttheEVsolutionstosocietyas wellastheenvironment.Still,wehavealongwaytogo; creatingaplatformforEVsolutionswilltaketime.We havetobeready,whatthefutureholdswithEV;inother words–thebestisyettocome.

Going Sustainable with

Building an

Powered Future

Team Addionics

ndeniably,electrificationisthefuture.But,aswe

Uarethinkingoftransitioningfromfossilfuelstoall electric,thereisadireneedtobuildasound infrastructurefirst.

Whenitcomestodecarbonizingtransportation,weneed betterbatterieswithincreaseddriverange,reduced chargingtime,andimprovedsafety,allatalowercost.This iswhatexactlyAddionicshasbroughttothemarket.

Addionicswasinceptedwithastrongmissionto revolutionizetheenergystorageindustrybybuildingthe bestbatteryarchitectureonthemarket.Itaimsatunlocking thefullpotentialofenergystorageforarangeof applications,includingelectricvehicles,aviationand defense,consumerelectronics,medicaldevices,and renewableenergy.

HowItallStarted?

Itallstartedsevenyearsago,whenMoshielBiton,the CEOofAddionics,wasworkingonhisPh.D.inmaterial engineeringatImperialCollegeLondon.Duringthat period,SamsunghadahugeproblemwiththeirGalaxy Note7phones,astheywererandomlycatchingonfire. Moshiel,alongwithhiscolleagues,startedexploringwhy thephone’sbatterywascombusting.

Eventually,theywerethefirstteamintheworldto investigatetheissueinreal-timeandendedupmakinga surprisingdiscoverythattheythoughtcouldrevolutionize thewaybatteriesaredesigned.Theyfoundthatthebattery issuesintheGalaxyNote7wereduetoaknownchemical phenomenonofmetaldendrites,whicharemetalspikesthat cangrowinsidebatteriesandmakeholesfromwithin.

Throughtheirresearch,Moshielandhisteamrealizedthat thedendrites'uniquestructureandtheirwayofgrowing insidethebatterycanactuallybeusedtotheirbenefit.He feltverymotivatedtopursuethisidea,whichresultedinthe inceptionofAddionics

ATakeonElectrification

AccordingtoMoshiel,withclimatechangeproblemsand therisinginterestingreenenergyandoureverydaylife becomingdigitized,electrificationwillbeapartofevery industry.However,batteryperformanceandinnovation hasn’tkeptupwiththistransition.Thekeyperformanceof batterycapacity,chargingtime,safety,lifetime,andbattery costsareinsufficienttoday

Moreover,whentalkingaboutelectricvehicles,range anxietyisabigissuepreventingwideradoption.Toget moreenergy,youneedmorebatteries,whichmeansmore weightandparadoxicallyeventuallyreducedrangewhile increasingoverallcosts.

Forrenewableproduction,weneedtostoretheenergy beforesupplyingittothegrid.Theworldneedsahuge amountofsafeandcheapbatteriesinordertomoveto 100%renewableenergyproduction.

Moshielasserts,“While most efforts to enhance battery performance to date have been focused on battery chemistry, this has only led to incremental changes over the past 30 years. The key to the next step-change in battery performances lies within its structure.”

Throughitsuniquefocusonbatteryphysics,Addionicsis creatingthenextgenerationofenergystorage.The chemistry-agnosticsolutionallowsimprovingthecapacity, chargingtime,safety,lifetime,andcostofbatteries.The physics-basedsolutionisuniqueduetoitsabilityto improveanykindofbatterychemistryinthemarket, existingoremerging.Thecompanyalreadydemonstrated. Thistechnologyisalsocompatiblewiththepotentialof next-generationbatterychemistriessuchassolid-stateand silicone,acceleratingelectrificationandadecarbonized future.

While most companies try to improve batteries by focusing on the chemistry - we focus on the physics. This allows us to achieve significant improvement in battery performance for any battery chemistry.

RedesigningTraditionalBatteryArchitecture

Addionicsisredesigningthetraditionalbatterystructure usingsmart3Delectrodes.Theadvanced3Delectrodesare producedin-housebyacost-effectiveandscalablemetal fabricationmanufacturingprocess,whichisthecompany’s mainIP TheSmart3DElectrodesareabletoimproveall keyparametersofthebatterysimultaneously,withno tradeoff.Thedesignsupportsthehigherloadingofactive materialwhilereducingtheinternalresistanceand improvingmechanicalstabilityandheatdissipation.

ThecompanyalsousesanAI-basedoptimizationalgorithm topredictthebeststructureaccordingtoapplicationand acceleratethedevelopmentprocess.Addionics’productisa drop-insolutionandcanbefullyintegratedintoanybattery

assemblyline.Thisrevolutionaryapproachcreatesa significantstep-changeintheperformanceofallkeybattery characteristicssimultaneouslyatacheapercostof ownership.

RisingtoChallenges

Undoubtedly,thepandemichasindirectlyincreasedthe globalawarenessofclimatechangeandtheactionswehave totakeinordertopreventaclimatedisaster,suchas movingtoEVsandgreenenergy.

ForAddionics,thepandemiconlyacceleratedtheneedfor bettertechnologiesandsolutionsforEVbatteriesand energystorage.Havingsaidthat,itwasalsochallengingfor thecompanytomeetpotentialpartnersandinvestors,but

thecompanymanagedtoovercomeit,asthewholeindustry did,byusingnewtechnologiesandcommunication platforms. “Today it is possible to do almost everything virtually, and this is where the world is going,” says Moshiel.

AStep-changeinBatteryPerformance

Addionics’solutionischemistryagnostic,whichmeansthat thecompanycanimplementitintoanykindofbattery

chemistry.Itcanhaveapositiveimpactbyimproving batteryperformanceformanyapplicationsandindustries, increasingthisresultforEVsaswellasenergystorageand renewableenergyproduction,consumerelectronics, aviationanddrones,medicaldevices,andmore.

Addionics’visionistoimplementthesolutionintoany batteryintheworld,accelerateelectrification,andhelp createabetterfutureforall.

Making Charging Experiences of EV

Drivers More Engaging and Rewarding

ElectricVehicles(EVs)aregrowingdaybyday Thereisnodoubtthatelectriccarswillbeseenin largenumbersontheroadsinthenearfuture.The onlythingthatneedstobeuberizedisthecharging ecosystem.

Withthebeliefthatthechargingexperienceshouldno longerbeahassle,Bluedotcameintotheinception. Bluedotbelievesthatthechargingeco-systemissomehow stuckinthepastwithlotsofappsandcardsandineffective chargingsolutionsforend-users.Thus,itprovidescharging stationownerswithstate-of-the-arttoolstomanageand makesthechargingexperiencesofEVDriversengaging andrewarding.

WeatInsightsSuccesscaughtupwithSelinayFiliz Parlak,theCo-founderandCOOofBluedot,toknow moreaboutthecompanyandhowitisshapingthebetter futureoftheEVworld.

ConnectingtheDots

AsoneoftheearlyadaptorsintheEVindustry,Selinayhad achancetomeetwithelectriccarsearlierthanthemajority ofthepeopleandwasfascinatedbyhowtheyofferheran experiencethatisconnected,clean,soundless,andcoming withpurelynewdrivingadventure.Besides,shewasalways passionateabouttheproductsandservicesthatempower theintersectionofsustainabilityandtechnology

Connectingthedotswhileexperiencingthenewimmature stageofelectriccarchargingexperienceinherearlycareer, Bluedotwasfounded.

Bluedot’sfirststartingpointwasmakinguseofthetime thatitspentaroundchargingbehaviorandquestioninghow itcanmakemostofit?Currently,Selinayisleading operationsatBluedotandfacilitatingmorepartner businessestojoinitsforcewhilepreparingthelaunchfor theUSmarket.

MakingEVChargingInvestmentsProfitable

BluedotconvertsEV-chargingstationsintoabillboardwith nohardwarecost.ItismakingEV-charginginvestments profitablefasterviasustainableadvertisement.Todothat,it providesacompletesolutionthatimprovestheadvertising effectivenessandROIofchargingstations.InthischickeneggEVcharging,electriccartimestofastentheEV adoptioninpotentialdrivers,ithasbuilttheEV-specific rewardprogram,creatingengagementaroundcharging stations.

Adaptingtonewcustomerneeds,Bluedotcreatedthe world'sfirstall-in-onemarketingtoolforchargepoints. Thisstate-of-the-artdigitalbillboardgiveschargingstation ownersandnearbybusinessestheabilitytotrackuser activity,vieweventlogs(includingchargingactivityand shoppingfootprint),andinteractwithdashboardsto promotetheirbusiness.

Bluedot’smobileapplicationenablesbusinessestoconnect withdriversthataretargetingtheEVdriversegmenttoEV driverswhoittouchesuponeverystepofEVdrivers.When theystartdriving,BluedotencouragesEVdriverstodrive withitviaitsgamifiedrewardprogram,spendtheirpoints earnedinpartners'business.EVdriverscanreachcharging

Soluon Providers

Selinay Filiz Parlak Co-founder and COO Bluedot

stationsinthespotstheycanspendtimein(restaurants, fitnesscenters,hotels,etc.)andnearbylocationsthrough Bluedot’smobileapplication.

ValuesBluedot’sProductsofferare:

• Electriccardriversaretrackingtheircarbonfootprint andearningOxygenPointsintheireveryelectricdrive.

• Electriccardriverscancheckthechargingstationin restaurants,hotels,andfitnesscenters,reservethem andgetdiscountswiththeirexistingpurchases.

• EVdriverscanengagewithnearbyspots(suchas retails)withoutchargingandgetcouponsordiscounts whilechargingtheircars.

• BrandsthataretargetingEVdriverscanlauncha campaignusingBluedot’sdashboardandcampaign managementtoolwithBluedotMegaphone.

• Sustainablebrandscansponsorthechargingsessions ofEVdriversanddocarbonoffsetprojects.

• Bluedot’sdriversget15%offontheirspendingas cashbackandcanmake~$3000savingannually.

PuttingLearningFirstandCelebratingDiversity

Bluedotconcentratesonwhatpeopleneedtodoratherthan whattheyneedtohave.Byputtinglearninginthefirst place,itcreatesabetterenvironment.Todothat,itcreatesa budgetandtimeforitscolleaguestoimprovethemselves whileworking.Also,diversityisacornerstoneofwho

Bluedotisandwhatitdoes.ForBluedot,diversitymeans collaboratingwithpeoplefromdifferentculturesand backgroundstocreatethebestsolutionsforitsclientsand increaseitscreativityandknowledgebyworkingwith peoplefromawiderangeofsectors.

MovingtoNextLevelofFutureSustainability

OneofBluedot’smissionsistoimprovetheecosystemwith partnercompanies.Thus,itisalwayslookingfornewpeers andcompaniestomoveittothenextleveloffuture sustainability!

EmpoweringElectricCarDriversinaCashlessSociety

Bluedothelpschargestationlocations,SMEs,and enterprisestoengagewithnext-gendrivers.Itstechnology helpsbusinessestransformtheirlocationsbybecominga destinationwherecustomerscanstop,charge,andshop. Theycanutilizeitsfirst-partylocationandPOIdatatorun geo-targetedoffersandreachcustomersattherighttime.

Besides,Bluedotusesdecentralizedwallettechnologiesto makeEV-chargingpayments.BluedotisthefirstEV-only rewardprogramthatempowerselectriccardriversina cashlesssociety

Aspartofnextsteps,Bluedotisheadingtocreateitsown paymentsystemintegratedwithOxygenpoints.

We are introducing innovative and proitable charging infrastructure for businesses of all sizes and engaging EV drivers with service providers.

Making EVs a New Norm

Longago,electricvehicleswerejustanimagination, buttodayitisarealityandacriticalneedtokeep sustainabilityinmind.Promotingtheprogression towardsproducingmoreelectricvehiclesismoreimportant thanevertominimizetheenvironmentalthreatscausedby theusageoffossilfuels.Electricvehicleshavehuge advantagesoverfossil-fuel-basedvehicles,significantly reducingtheclimatechangecrisisthreats.Shiftingto electricvehiclescanbebeneficialeconomicallyaswellasit willleadtolessdependenceoncostlycrudeoil.Less relianceoncrudeoilwillleadtoreducedimportbillsand increaseddomesticenergydependence.

Shiftingtoelectricvehiclesisenvironmentally advantageousandalsosustainableinthelongrun.There shouldbeparticularpoliciesfortheenvironmentand supportinginfrastructurefortheproductionofelectric vehicles.Theuseofelectricvehiclesreducescarbon emissions.Therefore,electricvehiclesshouldbecomea norminthefuturetotakebettercareofourplanet. Sufficienteffortsshouldbetakentodevelopanentire ecosystemfortheproductionofelectricvehicles.Electric vehiclesolutionprovidersplayanessentialrolein developing,producing,andmaintainingelectricvehicles. TheydeliveressentialservicestotheEVindustryin furtheringtheuseofelectricvehicles.

EVsolutionprovidersshouldmakeconscious effortstodevelopawidenetworkof chargingstations.Morecharging stationsareimportantasthiswill facilitatepeopleinusing electricvehiclesevenfortheir longroutejourney,andthey canchargetheirvehiclesat chargingstationsasandwhen theyrequire.Creating chargingstationsat restaurantsortourist spotscouldbe beneficialfor customerstoenjoy theirfoodwhile chargingtheirEVs simultaneously.The greaternumberof chargingstationsat

differentplaceswillbethemostimportantstepin promotingelectricvehicles.

Themeaningfulengagementopportunitiesatcharging stationsforpeoplewillmaketheirjourneymoreinteresting. Electricvehiclesolutionprovidersshouldcreatemore chargingstationswithdifferentengagementopportunities forpeopletopromoteelectricvehicles.Workplaces,tech parks,multiplexes,publicbusdepotsarewheremore electricvehiclechargingpointscanbeinstalled.The parkinglotsofmallsorrestaurants,ortouristspotsshould havemultiplechargingpoints.Moreinvestmentforcreating morechargingstationsatmanyplacescanbeattractedfrom differentcorporates.Electricvehiclessolutionproviders shouldtakeeffortsinthedirectionofmaximizingcharging stations.

Electricvehiclesolutionprovidersalsoplayahugerolein makingbatteriesforelectricvehicles.Batteriesofelectric vehiclesmakeupfor50%costofelectricvehicles. Governmentsorcorporatescansubsidizebatteriesfor furtheringtheuseofelectricvehicles.Thiscanminimize thecostsofbatteriesandbeanimportantstepinphasing outfossil-fuels-basedvehicles.Electricvehiclesolution providerscanplayakeyroleinminimizingthecostsfor electricvehiclesbycreatingbatteriesusingsustainable sourcesandadvancedtechnologiesandwithmore innovativeness.EVsolutionprovidersshouldtrytomake electricvehiclesandbatteriesavailableatminimumcost usinginnovativemethods.

Infuture,electricvehicleswillbeamoreprominentreality, andthereforethereismuchroomforentrepreneursinthis field.Energy-savingtechniques,minimizingcostsofEV batteriesandcreatingmorechargingstationsand engagementopportunitiesatchargingstationsopenthe doorformanyentrepreneurstosetuptheirbusinessinthese areasandcontributemoretofurtheringtheuseofelectric vehicles.Maximizingtheuseofelectricvehiclesis certainlyasignificantstepinminimizingclimatecrisisin theworld.Electricvehiclessolutionproviderscanmake electricvehiclesamorecommonnorminthecomingtimes bymaximizingchargingpoints.

Towards Sustainable Future

Manufacturing Electric Cars Using Solar Energy with Zero Carbon Emission

roducingacarinNorthCypruswasalwaysadream

PthatProf.Dr.İrfanSuatGünselandhisassociates keptalive.However,theentrancebarriersinthe conventionalautomotiveworlddidnotallowfornew players,soinitially,theytransferredtheirpassionforcarsto differentprojects.TheyestablishedtheCyprusCar Museum,whichcontainsover150classiccarswhereeach oneismorespecialthantheother

Ontheotherhand,theyparticipatedinsolar-poweredcar racesbydevelopingsolar-poweredcarprojectswiththe R&DandProjectproductionpowerofNearEast University Theyestablishedthemostadvanced supercomputerintheregionandworkedonembedded software.

Thedisruptiveinnovationintheautomotivesectorcreated bythenumberofelectriccarsincreasingaroundtheworld showedthemthatitwastherighttimetoproduceacar,and Prof.Dr.İrfanSuatGünselestablishedGÜNSEL The experienceandknowledgethatheandhisteamhad previouslyobtainedlaidthefoundationforGÜNSEL.

BringingNetCarbonEmissionstoZero

NorthCyprusislocatedatthecentreoftheMediterranean andisaplacethathassunshinevirtuallyallyearround. WhenbuildingitsmanufacturingfacilitiesandR&Dcentre, GÜNSELusedadesignthatwouldenableittoobtain maximumbenefitfromthesun.Atthesametime,itswork toproduceitsownelectricityusingsolarenergywiththe solarpanelsthatitwillinstallontheroofofitsfacilityis continuing.

GÜNSELElectricVehiclesiscarryingoutthedesignand applicationofthesolarpanelsthatwillbeusedtogether withitsteam.Atthesametime,thechargingstationsthatit willestablishwillalsousesolarenergytoensurethat GÜNSELisanenvironmentally-friendlyprojectinits productionphaseandaimstobringthenetcarbon emissionstozero.

DuringthePandemic

BeinganislandcountrywasanadvantageforNorthCyprus duringtheCOVID-19pandemicasitisphysicallyisolated fromtheworld.Aftertheflightswerestopped,GÜNSEL wasinanatmospherewheretherewasminimalspread,and thenumberofcaseswaslowerincomparisontomore populatedcountries.Therefore,thecompanywasableto resumeitsproductionanddevelopmentactivitiesbytaking thenecessaryprecautions.Itcontinueditsdevelopment studiesfortheB9andJ9modelsandfacilityinvestments. However,duetothenatureofthissector,itisworking togetherwith800suppliersfromdifferentpartsofthe world.Theproblemsthatitssuppliersfacedduetothe pandemicnaturallyalsoaffectedthecompanyandincreased itscosts.

Dr.İrfanmentionsthattheglobalchipcrisisalongwith otherproblemsencounteredduringthistimeincluding logisticprocesseshavenegativelyaffectedtheelectriccar industry

HavingInnovative,Efficient,andElegantApproach

Asacarmanufacturerthataimstobe100%electricalwith zeroemissions,GÜNSELnotonlycarrythisresponsibility

Prof. Dr. İrfan Suat Günsel Chairman and Chief Execuve Officer GÜNSEL Electric Vehicles

towardsnatureandtheenvironmentbutalsotowardsits customersandworkers.ThephilosophyofGÜNSELcanbe summarisedinthreewords:Innovative,Efficient,and Elegant.Itnotonlyappliesthisphilosophytoitscarsbut alsotoallitsshareholdersincludingitsworkers,suppliers, andcustomersasanorganizationalapproach.

MeetingSafety,Comfort,Affordability,andDrivability Expectations

Electricautomobileproducersgenerallyprefertoenterthe industrywithuppersegmentcarmodels.However, GÜNSELhaspositioneditsB9modelintheBsegment. Therefore,withtheB9,ithasproducedamoreaccessible andsuitablypricedmodel.However,whendoingthis,ithas alsodevelopedamodelthatmeetstheexpectationsfroma carsuchassafety,comfort,anddrivability.Inaddition,the useofitsownbatterytechnology,aswellascarbon-fibrein thelifemoduleofthevehicle,areamongtheimportant advantagesoftheGÜNSELB9.

MeetingBasicNeedsofSocietywithEducationServices

TheNearEastEnterprise,whichalsoincludesGÜNSEL, hasbeeninvestinginmanysectorssuchaseducation, health,tourism,finance,industry,andtechnology, especiallytheNearEastUniversityandtheUniversityof

KyreniainNorthernCyprusforabout45years.TheNear EastEnterprise,whichemploys6,800people,isthesecondlargestsourceofemploymentafterthestateinNorthern Cyprus,withapopulationof380,000.Atthesametime,it meetstheimportantbasicneedsofsocietywiththe educationservicesitprovidesfromkindergartento university,whichisoneofitsmainfieldsofactivityandthe networkofhospitals.

GÜNSELalsopreservestheculturalandartisticlifeofthe countrywithTheCyprusMuseumofModernArts, includingtheGÜNSELArtMuseumandtheGÜNSEL OfficeMuseum,theCyprusCarMuseum,theCyprus NaturalHistoryandHerbarium,andtheNicosiaWalled CityMuseum.Itplanstostrengthenthismissionwiththe MaritimeHistoryMuseumandtheCyprusArchaeology Museum,whicharestillinthepipeline.Inaddition, GÜNSELtrainsitsowntalentsbyprovidingtrainingfor youngpeoplewhowanttojointhesectorwiththe GÜNSELAcademy,whichithasestablishedwithin GÜNSEL.

NotJustanElectricCarManufacturer

TheislandofCyprusisaverysuitableplaceforelectric carswithitsshortdistancesandsolarpowerpotential.With themodelsGÜNSELproduces,itaimstogrowasazero-

emission,comfortableandaccessiblebrand,firstlyin country,theninregionandothertargetmarkets.However, GÜNSELhasnotbeenpositionedpurelyasanelectriccar manufacturer.Itisalsoanenergy,technology,andservice providerbasedonnewtechnologies.Itsaimisnotjustto manufactureandsellautomobiles,butitalsopositionsitself asatransportationserviceprovider Withthewidespread useofautonomousvehicletechnologies,itwillhighlight thisgoalinamuchmorevisibleway.

GÜNSELusesbatterytechnologythatithasdeveloped itself.Byapplyingthistechnologytodifferentareas,itaims tocreateastructurethatcanstoreandtransferthe electricityitproducesfromsolarenergyatdifferentscales. Inaddition,italsoaimstocreatenewemployment opportunitiesinitscountrybypioneeringtheestablishment ofprimaryautomotiveindustryandsub-industryforthe firsttimeinNorthernCyprus.

We are leading a transformation that creates new opportunities in the energy, automotive main industry and automotive sub-industry in the economic environment of Northern Cyprus.

The 10 Most Promising EV Solution Providers of 2022