The Top 10 Most Promising EV Solution Providers of 2022

Moving Ahead The E voluon E-Baeries Innovaon with Simplicity

Pioneering the Advanced

Experience

Editor’s Desk

Things to Look Forward

stimeprogresses,consumersareshiftingmoreand

Amoretowardssustainablelivingstyles.Thisis causingminimumharmtotheenvironment wherevertheycantakesuitablemeasures.Oneofthe industriesbenefittinggreatlyfromthisshiftingtrendisthe Electronic/ElectricVehicles(EV)industry Thelastcouple ofyearshadacatalyzingeffectonthissegmentasthe pandemichasforcedconsumerstothinkoutoftheboxand focusonviableoptionsfortheircommute.EVcompanies haveturnedthisattentionintoagreatopportunityby levelinguptheirproducts,improvingcomfort,and increasingtherangeoftheirvehicles.Theindustryis witnessingachangeinpatternsaccordingtocustomer needsandregulatorywants.Let'slookatsomesignificant trendsflowingthroughmajorEVsolutionprovidersin 2022,whichwillkeepyouaccustomedtotheindustry.

MostEVmajorshavepledgedtoadoptaneco-friendly approach.Yes,youreaditright,theEVindustryisn't100% carbonneutral.Itneedsmajorimprovementtothegoalof net-zerocarbonemissions.Nearly25%ofdirectcarbondioxideemissionsareattributedtotransportation.Passenger carsaccountforalmosthalfoftheseemissions.Greenhouse gasesreleasedwhilemanufacturingbattery-electriccars accountforagreatershareoflife-cycleemissions.Much attentionwillbegiventoimprovinginfrastructure, improvingmanufacturingtechniques,andsourcinggreen energytochangethis.Moreover,recyclingkeybattery componentswillalsohelpreducethesecars'environmental impact.ThegoalofEVmajorswillbetodrivedown greenhousegassessignificantly

Rightnow,theprimarychallengetoEVpublicacceptance isvehicledrivingrange.Furthermore,thevehicletraction invertergeneratesalotofnoiseenergyinEVstoday The

necessarybatterycurrentcanbereducedby capturing,recycling,andreusingthisnoise,resulting inincreasedEVrangemileage.Newinventionsand technologiesneedtobefrequentlyusedandsharedif theindustryhastogrow.Thebatterytechnologyof anelectriccarinfluencesthenumberofcharging sessionsrequiredbythatvehicle.Electricvehicles cantravelmoderatedistancesonasinglecharge,and somehavealongrange.Companiesaretryingtheir besttoincreasetheircars'rangetoprovideeasy solutionstoconsumersonthelackofcharging stations.

Thatbringsustothenexttrend,expandingthepublic chargingnetwork.EVchargingnetworksuse blockchaintechnologytosupportorderlycharging andmarkettransactions.People,vehicles,and chargingstationsareallconnectedbyacoordinated InternetofVehicles.Thiscanalsobeusedtosetupa cloudbatterymanagementsystem.Charging infrastructurewillbecomeacriticalcomponentof theEnergyInternetin2022andbeyond.Asthe integratednetworkoforganizedchargingstations combineswithagoodrangeofvehicles,moreand morepeoplewilladaptandchangetoEVs, acceleratingtheindustry'sgrowth.Also,lookfornew ideasabouteco-friendlyEVpracticesinourlatest editionof “The Top 10 Most Promising EV Solution Providers of 2022.”

Don'tmissoutonourin-houseeditorialteam's speciallycuratedarticlesandprofiles.

HappyReading!

Raunak

Raunak Mhetre

08

C O V E R S T O R Y

AmericanBattery Solutions

Pioneering the Advanced Automotive Battery Experience

CompanyName

Aceleron aceleronenergy.com

Addionics addionics.com

AmericanBattery SolutionsInc americanbattery solutions.com

BlinkCharging blinkcharging.com

BluedotTechnologies thebluedot.co

Canoo canoo.com

Clever clever.dk

GÜNSEL

ElectricVehicles gunsel.com.tr

Top

Promising EVSolution 2022

FeaturedPerson

AmritChandan Co-founder&CEO

MoshielBiton Co-founder&CEO

SubhashDhar Founder&CEO

Brief

Aceleronisalithiumbatterydeveloperaimingtoacceleratethe globalshifttocleaner,morerenewableenergy

Addionicsprovidesspecialisedimprovedrechargeablebatteries byredesigningtheirarchitecture.

ABSisateamofexperiencedbatterysystemsexperts.

MichaelFarkas Founderand ExecutiveChairman BlinkChargingisleadingproviderofelectricvehiclecharging equipmentandnetworkedEVchargingservices.

SelinayFilizParlak Co-founder

MarkSmith DirectorCAD&3D

CasperKirketerp-Møller CEO

Prof.Dr. İrfanSuatGünsel

Chairman& ChiefExecutiveOfficer

SergeSubiron CEO Jedlix jedlix.com

VoltaTrucks voltatrucks.com

DuncanForester Chief CommunicationOfficer

BluedotisdedicatedtoprovidingsmartEVchargingsolutions forsmartcitiesandSMEowners.

Electricvehiclesdrivenbytechnologyandpoweredby innovationthatputsyouincharge.

Cleverisoneoftheleadingelectricmobilityoperatorspaving thewayforsustainablemobility.

Günselispassionedfortheautomobilecombinedwithout innovativeperspectivegaveusastronginspiration.

Jedlixoperatesauniquemonetizationinfrastructuretoenable smartcharging.

VoltaTrucksbuildselectrictrucksforsustainablecities.

AmericanBattery AmericanSolutionsBattery Solutions

Pioneering

& CEO

The Top 10 Most Promising EV Solution Providers of 2022

Subhash Dhar

Asmoreautomobilemanufacturersare movingtowardsazero-emmission footprint,theautomotiveindustry'sfuture seemsfirmlyandinevitablygroundedin masselectrification.Thepathtowards sustainabilityisshiftingtidestowardsa moreelectrifiedpowertrainsolutionsofferinginnovative, reliableandcost-competitivesolutions.Achievingfull electrificationisgoingtobethekeyforthefutureof transportation.AmericanBatterySolutionsInc.,(ABS) hasassembledastrongandexpansiveassetbaseofbattery design&manufacturingtalentaswellasstate-of-the-art manufacturingsupporttoexecuteonitsstrategy

ABSsharesthevisionofcreatingacleanfuture,leadingthe transitionfrominternalcombustiontoelectricwithafocus onmediumandheavy-dutyvehicleelectrificationincluding grid-connectedESS.Toenablethismission,theleadership atABSismakingextensiveefforts,tofurtherdevelopand provideitstechnologybasedsolutionstotheadvanced automotivebatteryindustry

SubhashDhar,theFounder&CEOofAmericanBattery SolutionsInc.,isapioneerindevelopingand commercializingadvancedenergystoragetechnologies.He hasinvestedover40yearsinthebatteryindustrywith pioneeringworkinadvancedbatterysystems,andhasa trackrecordofsuccesswithcommercialization,JVs, licensing,andbuildingworld-classyeamofhighperformanceengineers.

InsightsSuccesscameacrossAmericanBatterySolutionsin itsendeavortofind “The Top 10 Most Promising EV Solution Providers of 2022.” WetalkedwithSubhashto

learnabouttheknow-howofABS’smakingasignificant difference.

Below are the highlights of the interview: GiveusabriefoverviewofyourAmericanBattery Solutions,itsmission,andthekeyaspectsofitsstrong footholdinthetransportationindustry.

AmericanBatterySolutions(ABS)wasfoundedwiththe goalofdevelopingandofferingautomotivequality, engineered,andmanufacturedbatterypackstothose segmentsofthemarketthatthe“big”cellmakerswerenot servicing.Asthemarketissetformassivegrowthoverthe comingdecade,manycompaniesneedaccesstoahighquality,US-manufacturedbatterypacks.Bypartneringwith cellOEMs,weareabletoservicebothsmallvolumeand highervolumevehiclesandapplications. Ourstrengthisbasedinourpeople;wehaveanamazing depthoftechnicalexpertisewithteammembersthathave workedonnearlyeverymajorelectrificationprojectgoing allthewaybacktotheoriginalNickel-MetalHydride batteriesthatwereusedintheGMEV1andToyotaPrius programs.

Describeyourtop-notchofferingsthataddresstheneed ofyourcustomers.

is

Weengineer,validate,andmanufacturehigh-quality lithium-ionbatteriesandbatterysystemstoservethe growingdemandsinelectricvehicles(EV),electrified transportation,motive,industrial,commercialmarkets,and grid-connectedenergystoragesystems(ESS).ABShas launchedourAllianceIntelligentBatterySeries™,afamily of24Vand48V,2kWhand3kWhmodulesforindustrial vehicles,lightelectric,andgolfcarts.Inlate2022wewill launchourfirststandardizedProlianceIntelligentBattery Series™familyofbatteries,beginningwitha350V50kWh packforcommercialvehiclesandfollowingwitha350V 100kWhpackanda665V110kWhpackforheavyduty commercialvehicles.Inlate2023ABSwillalsobe launchingit’sfirstESSsolutionmoretocomeonthatsoon.

WhatmakesyourAmericanBatterySolutionsa preferredchoiceamongyourclienteleoverother competitors?

ABSisahuboftalent,technology,manufacturingand know-howwithmorethan335yearsofexpertiseinthis field.Thislevelanddepthofexpertiseallowsustowork withourpartnerstoreallyunderstandtheirneedsandfinda solutionthatisoptimizedforthem.Insomecases,our standardizedproductisagreatfit,butwhentheyaren't,our depthofknowledgeallowsustodevelopcustomized solutionstomeettheirneeds.

HowisAmericanBatterySolutionsimprovingthe customerexperiencewithitsautomotivequalityDNA?

ABSisapplyingaspectsoftheautomotiveengineering processtotheproductdevelopmentprocessthere-by drivingcustomerrequirementsearlyintheprocessand validatingagainstthose.Wealsoensureallproductsare validatedtointernationalstandardssupportingmarkets whosedevelopmenthashistoricallylaggedtheautomotive marketbyseveralyears.Thisgivesourcustomersa"leg up"ontheircompetition.

Describethevaluesthatdriveyourorganization.

Teamworkandappreciationofourpeople,customers,and partners.Weworktogethertofindsolutionstoproblems andrecognizeourteammembers'contributions.Wealso worktodevelopthenextgenerationofbatteryexpertsby bringinginnewtalentandtrainingthem.

Inyouropinion,whatcouldbethefutureofthe transportationmarketposttheCOVID-19pandemic? Andhowareyoustrategizingyourcompany's operationsforthatfuture?

Wearealreadyseeingsomechangesinthepost-COVID-19 world.Theautomotiveandtransportationmarketsare movingmorequicklytowardselectricthanweexpected. Butthesupplybaseisalsochanging;wearefindingthereis moredemandforlocallyproducedcomponentsand systems.Asoneofthefewindependentbatterypack manufacturersinNorthAmerica,weareableto

competitivelysupplytoourcustomersfromrightherein theUS.

Aswelookatglobalgrowthstrategies,weanticipate expandingouroperationstoseveralotherregionswherewe cancontinuetogrowandpartnerwithourcustomersto developlocalcontent.

Inwhatwayshaveyouoryourcompanycontributedto thecommunity?

ABScontributestothecommunitiesweoperateinseveral ways.First,ourgrowthmeansthatwebringgood-paying jobsintotheregionswearebasedin.Insomecases,this hasmeantre-fillingjobsthathadbeeneliminatedpriorto ourtakingoverthefacilitiesweareintoday.Secondly, ABSisinvolvedwithourlocalcolleges,universities,and tradeschools,bringingininternsandhiringfromthese groupstohelpgrowthenextgenerationofbattery engineers.Third,theABSteammembershavebighearts andsupportlocalcharitiesandfamiliesinneedthroughout theyear

Whatareyourfutureaspirations?Wheredoyousee yourAmericanBatterySolutionsinthenextfiveyears?

Inthenextfiveyears,weexpecttoseesomemajorgrowth aswelaunchnewproductsandenternewmarkets.While westartedourjourneyfocusingontransportation,weare nowinthedevelopmentofthenextgenerationofgrid energystoragesolutions.Wehavebroughtonanamazing teamwithdeepknowledgeinthegridESSspacewhoare leadingusintothesenewmarketsandapplications.

Beyondthat,wearealreadylookingintonext-generation technologies,includingwirelessBMS,cell-to-pack,and advancedchemistriesforourfuturegenerationsofbatteries. Asthesetechnologiesbecomemarket-ready,weare preparedtobringthemtomarket.

ABSanticipatesannouncingseveralmajorprojectsinthe firsthalfof2022,includingprogramsinthebus,delivery vehicle,marine,grid,andminingmarkets.

We tailor our technologies and services to meet your business needs.

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.

The

Promising EV Soluon Providers of 2022

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 Top 10 Most Promising EV Solution Providers of 2022