The 10 Fastest Growing EVs Solution Providers 2018

1. www.insightssuccess.com September 2018 E-Mobility: E-Mobility: Pioneering Pioneering Trnsformation Trnsformation With Smart Grid With Smart Grid Wireless Charging: Wireless Charging: Pioneering Transportation Pioneering Transportation with Smart Grid- E-mobility with Smart Grid- E-mobility Laurence Chan CEO & Founder Cliff Wu General Manager Hong Kong EV Power : Shaping the Future of Electric Transport

4. www.insightssuccess.com September 2018 EV Solutions: Driving the Future of Transport E-Mobility: E-Mobility: Pioneering Pioneering Trnsformation Trnsformation With Smart Grid With Smart Grid Wireless Charging: Wireless Charging: Pioneering Transportation Pioneering Transportation with Smart Grid- E-mobility with Smart Grid- E-mobility Laurence Chan CEO & Founder Cliff Wu General Manager Hong Kong EV Power : Shaping the Future of Electric Transport T echnological developments, revolutionary mechanics and a need to transcend from combustible substances, all converged for the conception of a marvel on wheels. Electric Vehicles, which came into existence in the mid-19 century, are redefining the ways of commuting and transporting. A kindling interest in developing EVs has been incited by the environmental effects of vehicles powered by non-renewable sources of energy. th The energy consumed by EVs can be derived from a range of sources, nuclear energy, and also renewable sources like tidal energy, solar energy, and wind energy or a combination of any of these. The on board battery stores the energy using flywheel or super capacitors. The application of regenerative braking, which initiates the recovery of kinetic energy is also one of the reasons of a surge in the demand of EVs. The battery cost exhibiting a significant nosedive has led EVs to become a profoundly reformative technology. The overall cost of EV ownership is commendably lower than gasoline-powered vehicles. Along with this, savings on annoying maintenance costs, oil changes, replacing belts, and transmission repairs become seldom. To shed light over organizations which cater to the development of the EV industry, Insights Success has curated a list of “The 10 Fastest Growing EVs Solution Providers, 2018,” which are excelling their provision of best-in-class EV solutions that incessantly advocate ingenuity in technological innovation and universal services.

5. Our Cover Story features Hong Kong EV Power, which provides comprehensive and professional EV charging solutions including the EV charging stations. It is a prominent expert in Electric Vehicle (EV) charging aimed to widen the adoption of EV in Hong Kong and China. The organization aims to widen the adoption of EV in Hong Kong. It provides solutions which are suitable for different types of EV cars to use, to all kinds of customers like individuals, corporates, power utilities and governments, as well as operating EV charging stations. Hong Kong EV Power is aiming to deliver reliable EV charging services to drivers and making sure that there is no concern regarding the same. However, it is in the process to build 5000 more charging stations by the end of 2018. In this issue, we have also enlisted companies which are providing insightful and innovative solutions to enhance the applications of SAP. IES Synergy which is leading company recognized for advanced electric vehicle battery charging solutions; EVBox which is the leading global manufacturer of electric vehicle charging stations and charging management software; CLEVER which is the leading electric mobility operator in Scandinavia; EO Charging which is one of UK’s leading electric vehicle charging manufacturers, which design chargers for homes, fleets and destinations; Blink Charging which is a leading owner, operator and provider of electric vehicle charging equipment and networked EV charging services; Local Motors which is a ground mobility company, focused on shaping the future for the better; KULR Technology which aims to make EVs more efficient by improving the performance and safety of their batteries and high-performance components. O VO Energy which is UK’s largest independent energy technology company and supplier; and Wall Box Chargers which is focused in helping the EV industry to make electric and plug in hybrid cars an attractive alternative to more traditional ways of transportation. Also, make sure to scroll through the articles written by our in-house editorial team and CXO standpoints of some of the leading industry experts to have a brief taste of the sector. Let’s start reading! Hitesh Dhamani

6. Cover Story 10 Hong Kong EV Power: Shaping the Future of Electric Transport Articles 38 38 50 50 24 24 E-Mobility E-Mobility: Pioneering Transportation with Smart Grid Digi Connection Benefits of Blockchain in the making of Smarter Energy Grids Rechrging Movement Wireless Charging: Future of Green Automotive

7. Contents 20 Blink Charging: 18 Crafting Innovative EV Charging Services Mentor’s Opinion How Technology is Changing Supply Chain Management for the Better 26 Clever: 32 Paving the Way for Sustainable Mobility Expert’s Forsights Electrovaya Lithium-ion batteries: Powering Electro-Mobility Since 1996 28 EO Charging: 58 Leading the charge for electric vehicles Internet of Internet Internet of Things is present in every product we use. How has IOT changed the lives of humans?

8. 36 EVBox: An Energized Approach Shaping the EVs’ Market 42 IES Synergy: Crafting Innovative EV Charging Services 44 KULR Technology: Delivering Top-notch Thermal Management Solutions 48 Local Motors: Shaping the Future for Better 54 OVO Energy: Delivering Effective Energy Solutions 56 Wallbox: Crafting Innovative EV Charging Services

11. Anish Miller Hitesh Dhamani Managing Editor Executive Editor Assistant Editors Jenny Fernandes Abhishaj Sanjeev Contributing Editors Kaustav Roy Shubham Khampariya Visualiser David King Art & Design Director Amol Kamble Associate Designer Sanket Zirpe Co-designer Priyanka Rajage Art & Picture Editors Paul Jayant Belin Khanna Senior Sales Manager Passi D. Business Development Manager Peter Collins Marketing Manager John Matthew Business Development Executives Roy, Joe, Alan, Yogesh Sales Executives David, Kevin, Mark, Sagar Technical Head Jacob Smile Technical Specialists Amar, Pratiksha Digital Marketing Manager Marry D’Souza Online Marketing Strategists Alina Sege, Shubham, Vaibhav K SME-SMO Executives Prashant Chevale, Uma Dhenge, Gemson, Irfan Research Analyst Chidiebere Moses Circulation Managers Robert, Tanaji Database Management Stella Andrew Technology Consultant David Stokes sales@insightssuccess.com September, 2018 Corporate Ofces: Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com Insights Success Media and Technology Pvt. Ltd. Off. No. 513 & 510, 5th Flr., Rainbow Plaza, Shivar Chowk, Pimple Saudagar, Pune, Maharashtra 411017 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in www.twitter.com/insightssuccess Follow us on : www.facebook.com/insightssuccess/ We are also available on : Copyright © 2018 Insights Success, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success. Reprint rights remain solely with Insights Success.

12. Laurence Chan CEO & Founder Hong Kong EV Power : Shaping the Future of Electric Transport

13. Cliff Wu General Manager We Are The Only Company Providing Holistic Charging Services In Hong Kong. ‘‘ ‘‘

14. Elvis Chung Jonathan Law Charles Lui Cliff Wu T estimated that one in six new cars in the world will be electric by the year 2025. The emergence of electric vehicle has revolutionized the way people commute. he speed at which automotive industry is growing, electric vehicles no longer seem like a dream of the future. According to a UBS global auto survey, it is ‘ ‘‘ ‘ This disruptive trend of electric vehicles is expected to continue, especially with the billions of dollars that auto manufacturers are investing in these vehicles. Traditional automakers including General Motors, Volkswagen, Daimler AG, and others are all investing heavily in electric vehicles. We promise to provide a convenient, safe and cost-effective charging solution for all EV drivers and various companies. With the influx of electric vehicles into the market comes an essential need for charging infrastructure. Being an EV charging solution pioneer, Hong Kong EV Power Limited is leading the market with the best charging solutions and standards. In an interview with Hong Kong EV Power, the CEO and Founder,Laurence Chan, and, the General Manager, Cliff Wu, shared their insights on EV Charging Infrastructure and how Hong Kong EV Power is contributing in it. ‘ ‘‘ ‘ Give a brief overview of the company and its vision. Laurence and Cliff: Hong Kong EV Power, a member of EV Power Group and a spinoff company from AMOS Enterprises Limited, is a fastest-growing Hong Kong company with two of its brands, EV Power and

15. E-Charge. We aim to widen the adoption of EVs in Hong Kong. We provide comprehensive and professional EV charging solutions including the EV station, which is suitable for different types of EV cars to use, to all kinds of customers like individuals, corporates, power utilities and governments, as well as operating EV charging stations. Initially, our financing history was smooth, compared to other startups in Hong Kong. The seed funding came largely from personal savings and earnings from projects undertaken by us. In August 2011, after a fundraising exercise period of some five months, we succeeded in raising HK$3 million through three angels from the HKBAN. In this way, we went on raising further investments. Focus Media, a Chinese company which operates the largest out-of-home advertising network in that country, is one of the largest investor of our company. The Group’s business has been expanded to Mainland China since 2014 and currently covers 30 cities including Beijing, Shanghai, Guangzhou, Shenzhen, Hong Kong and Macau. We are promoting the use of electric vehicles in Hong Kong and China by providing a convenient, safe and cost-effective charging solution for all EV drivers and various companies. We hope to turn the city to be greener and more environmental friendly. What are the cutting-edge products/services offered by Hong Kong EV Power Limited? Laurence and Cliff: We provide our clients with a variety of services including installation for private charging, consultancy and design for public charging, training for charging system, management, operation and maintenance of charging stations, as well as the internet connection for the charging stations. Our products cover car park charging network system, car park management system, medium charger and quick charger. The chargers are connected by E-Charge, which is a platform that drivers can look up the real-time status of all charging stations and can inspect the charging progress. With the increasing charging infrastructure, EV drivers can enjoy a safe and user-friendly charging experience. Over 200 car parks in Hong Kong have installed our charging stations and more than 50 of them allow public access. We have served many residential and corporate clients. Currently, we are the public charging partners of Porsche, BMW, Hyundai, Mercedes Benz, Jaguar Land Rover and DFSK. In addition to this, we are the leading residential charging service provider in the market. Hong Kong EV Power has been invited to speak and exhibit in the “Smart EV Smart Charging” Seminar hosted by HK Electric on 28 September 2016.

16. ‘ ‘‘ ‘ the charger at home to use electric vehicles in the first place, and then try to solve the problem of home charging. We are the only company providing holistic charging services in Hong Kongfor all EV drivers and various companies. Additionally, we consist of a group of hard-working and dedicated people that not only want to help better the environment but also to ensure the users’ safety and convenience when using any of our products. We have installed EV charging stations throughout malls, public parking lots, corporates as well as private housings to allow the use of our EV Chargers. ‘ ‘‘ ‘ What are the challenges faced by electric vehicles industry and how is Hong Kong EV Power serving to tackle them? Laurence and Cliff: As the pioneer of the EV charging service provider, we always strive to improve the services and make breakthrough to existing hurdles in the market. We believe that home charging is the only solution to promote the wider use of electric vehicles in private sector in Hong Kong. How does Hong Kong EV Power offer more value than its competitors? However, it is more difficult for an individual user to set up home charging facilities in the residential apartments due to many issues such as limited electricity power source, high initial cost of construction, rejection of property managers and incorporated owners for the application, etc. Laurence and Cliff: When people cheer heartily for convenience and pollution-free features brought by the new energy vehicles, they have to face a problem of promoting them. The problem is how to install and use the charging piles after the community residents buying new energy vehicles. In the market, we have a strong property relationship to offer users the ultimate solution to the problem of home charging, as well as their concerns before buying the vehicles and their funds pressure to install the charger. In terms of the mall, we mainly construct the fast charging stations as supply for some users who do not have In order to serve our vision that states, Make Everywhere EV Ready, Lead EV Ready Everywhere, we have launched a Private EV Charging Servicenamed Residential Apartment Scheme (RAS) in late 2014. We take care of the initial capital investments and the subsequent operations of the charging infrastructure in the whole residential car parks with obtaining the approval of property managers and Hong Kong EV Power has exhibited in “Eco Expo Asia 2016” held in Hong Kong in October 2016.

17. incorporated owners, while individual EV users can simply apply and pay a monthly fee for the EV charging services at their own parking spaces. Therefore, RAS highly eases the setup of home charging facilities and relieve most of the concerns of property managers and incorporated owners in order to provide the win-win situations for the sustainable growth of the use of EV in Hong Kong. Where does Hong Kong EV Power see itself in the long run and what are its future goals? Laurence and Cliff: As the anticipated widespread use of EV is reaching an inflexion point in the coming years, we are striving to position ourselves to capture an exploding market. We are aiming for all the drivers to rely on our EV charging services and making sure that there is no concern in our charging solutions. However, we are in the process to build 5000 more charging stations by the end of 2018. About the Leaders Hong Kong EV Power has been ripened under the leadership of Laurence Chan, CEO and Founder, and Cliff Wu, General Manager. Laurence Chan steers the overall business development and the operations of EV Power Group in mainland China. He has completed his masters in electronic engineering from the Chinese University of Hong Kong. During his studies, Laurence founded AMOS Technology Company, which was then providing designer and consultancy service for electronic and electric power automation systems. He subsequently founded EV Power Limited in 2010. Under his leadership, EV Power has become today’s fastest growing EV Charging Service Provider in Hong Kong, Macau and mainland China. Cliff Wu has over 9 years of extensive experience in engineering project management of electrical systems, telecommunication and broadcasting network infrastructure in a territory-wide scale. Prior to joining EV Power, he held managerial roles in Hong Kong Television Network Limited and Hong Kong Broadband Network Limited. After joining EV Power, he has been responsible for formulating and developing integrated EV charging solutions as well as the one-stop EV charging network platform ‘E-Charge’, and currently oversees Hong Kong and Macau business of the Group. Under his leadership, his team has completed numerous remarkable EV charging projects in the past few years, working closely with the HKSAR Government, HK International Airport, power utilities, land developers and international EV manufacturers. He also graduated from the Chinese University of Hong Kong with a Bachelor of Engineering Honors degree and a Master of Philosophy degree in Electronic Engineering. Apart from this, he is a credential holder of Project Management Professional (PMP) ®.

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19. Management Company Name Brief Blink Charging is a leading owner, operator and provider of electric vehicle charging equipment and networked EV charging services. Blink Charging blinkcharging.com Michael Farkas Founder & Executive Chairman Casper Kirketerp-Møller CEO CLEVER clever.dk Clever is the leading electric mobility operator in Scandinavia. EO Charging is one of UK’s leading electric vehicle charging manufacturers, which design chargers for homes, fleets and destinations. EO Charging eocharging.com Charlie Jardine Founder & CEO EVBox is the leading global manufacturer of electric vehicle charging stations and charging management software. EVBox evbox.co.uk Kristof Vereenooghe CEO Hong Kong EV Power provides comprehensive and professional EV charging solutions including the EV charging stations. It is a prominent expert in Electric Vehicle (EV) charging aimed to widen the adoption of EV in Hong Kong and China. Laurence Chan & Cliff Wu CEO & Founder General Manager Hong Kong EV Power hkevpower.com IES IES is a leading company recognized for advanced electric vehicle battery charging solutions. Jean-Michel Cornille President & CEO ies-synergy.com KULR aims to make EVs more efficient by improving the performance and safety of their batteries and high-performance components. KULR Technology kulrtechnology.com Dr.Timothy Knowles CTO Matt RivettExecutive Vice President Local Motors by LMI is a ground mobility company, focused on shaping the future for the better. Local Motors local-motors.com O VO Energy ovoenergy.com OVO is the UK’s largest independent energy technology company and supplier. Stephen Fitzpatrick CEO & Founder Wallbox is focused in helping the EV industry to make electric and plug in hybrid cars an attractive alternative to more traditional ways of transportation.. Wall Box Chargers wallbox.com Enric Asunción CEO

20. Gary Cardenas President TOC Logistics 18 |September 2018 | MM 2018

21. Mentor’s Opinion T industry, innovation is key for success. Modern technologies have not only aided in the streamlining of supply chains and company processes, but have also set the industry on a technologically advanced path that many could not have even imagined fifteen or twenty years ago. From robotics in warehouses and autonomous ships and trucks, to computerized shipping and tracking, technology has changed the industry for the better and has provided new levels of visibility. he logistics and supply chain management industry is one that is constantly evolving and optimizing, and because of the competitive nature of the advancements, the transportation and labor aspects of supply chains will eventually cost very, very little compared to what they do today. The eventual implementation of autonomous electric vehicles, which can be programmed to use the most efficient routes and run throughout the night without a driver, will drive down the cost of labor and increase capacity on the roads. Autonomous vehicles will also address the growing concern of truck driver shortages throughout the industry. Also on the very near horizon is the use of autonomous ships. Autonomous ships would address the issues of piracy, talent shortage in the ocean shipping industry and accidents caused by human error. With the aid of technology, supply chains of the future may be a bit more complex, but will certainly be more efficient and less expensive. A few of the technological advancements that have changed the game for the logistics and supply chain management industry are: Big Data Logistics and supply chain management professionals live and die by data. A recent study by the Council of Supply Chain Management Professionals shows that 98 percent of third-party logistics firms and 93 percent of shippers feel that data-driven decision making is key to supply chain activities. Technological advancements have made it extremely easy to gather and analyze key pieces of data. Computerized Shipping and Tracking Modern technology has drastically impacted the shipping industry and has made for more efficient and accurate tracking. With a wide array of different supply chain management software programs on the market, logistics and supply chain professionals and their clients are able to keep an eye on their shipments during every step of the supply chain journey. With every second being crucial in the world of supply chain management, the ability to provide complete transparency to clients in terms of where their packages are and when they will arrive is something that is extremely valuable. Data surrounding shipping times, cargo weight, weather patterns, traffic routes, and more can lead to greater transparency, optimized routes, greater reliability and automated supply chains. Having a team that is able to accurately interpret big data is key to success, and will likely save a company both time and money. There is a reason UPS drivers don’t make left turns. Someone on the UPS team analyzed large amounts of data, which is now available thanks to technology, and determined that eliminating the majority of left turns would use 10 million less gallons of fuel, emit 20,000 tonnes less carbon dioxide into the air and help deliver 350,000 more packages every year. Computerized shipping and tracking has also largely reduced the amount of time spent shipping, receiving, tracking packages and compiling shipment data, as all necessary data can be stored in one easy-to-access place. And in this case, saving time means saving money. Being able to digitally organize data and monitor shipping and tracking information also reduces the opportunities for human error. With digital records there is no longer a worry that sloppy handwriting or a misplaced piece of paper will throw a wrench in a shipment being delivered on time, or to the right place. Technology is something that is hard to predict and often difficult to wrap your head around, but the logistics and supply chain industry is benefiting from every new technological advancement in our field. The supply chains that we are working with today will be drastically different in five or ten years’ time, and almost unrecognizable in twenty or thirty years. Technology has made supply chain management more efficient, transparent and cost-effective. It is important to have members of your team that are willing to embrace new ways of doing things and that are able to stay up-to-date on new forms of technology. This industry is constantly changing, and in order to be successful you need to be willing to change along with it. “Futuristic” Autonomous Vehicles A big technological push in the industry right now is the advancement of autonomous vehicles, electrification, use of solar power, and energy storage, all of which will be used across the board to both reduce cost and increase efficiency. Right now, energy and transportation make up more than half of total supply chain costs and labor accounts for a little less than a third of costs. With further technological 19 | MM 2018September 2018|

22. equipment, and have greater brand management and price uniformity. Blink Charging: Experience with Products and Services of Other EV Charging Service Providers: We have had an experience of owning and operating other service provider’s EV charging equipment that includes General Electric, ChargePoint and SemaConnect. This experience has provided us with the working knowledge of the benefits and challenges of other equipment manufacturers and their applicable EV charging networks. Crafting Innovative EV Charging Services What are the cutting-edge products/services offered by Blink Charging? Blink Network is proprietary cloud-based software that operates, maintains, and tracks all of the EV charging stations connected to the network and the associated charging data. Blink Network provides property owners, property managers, and businesses with cloud- based services that enable the remote monitoring and management of EV charging stations, payment processing. It also provides vital EV charger information including station location, directions, availability, and applicable fees to the EV drivers. I across the United States. In an interview with Insights Success, Michael Farkas Founder , the and company, shares his insights over experiences, products and motto of the organization along with the future goals in revolutionizing the EV industry. Blink Charging n the Electric Vehicle (EV) industry, leading enterprise which provides EV charging equipment and network services. It has thousands of charging stations is a Blink Charging offer individuals with a flexible range of business models for EV charging equipment and services. In its comprehensive model, the company owns, operates, installs, manages and maintains the EV charging set-up, and shares a piece of the revenue with the property owner. Alternatively, property owners may share in the system expenses including providing connectivity to the Blink Network. For businesses interested in purchasing, owning, and managing the charging stations, Blink Charging provides complete support from equipment to network connectivity and maintenance services. Executive Chairman of the Below are the highlights of the interview conducted between Farkas and Insights Success: Give a brief overview of the Blink Charging, its uniqueness and its vision. Blink Charging is headquartered in Florida with offices in Arizona and California. It is designed and established to accelerate EV adoption with a vision to keep expanding not only in North America, but all around the world. Give a detailed description of the Founder/CEO/Management’s influence over the company and the industry. In founding Blink Charging, Michael Farkas conceived the EV charging infrastructure business, and was the first “player in the game” – pioneering an industry. The model proved so successful, that Blink competitors have historically tried to replicate Farkas’ methods. To date, Farkas is an expert in the electric vehicle, EV charging, and green technology space. He is constantly looking forward to introduce disruptive methodology Here are some examples which differentiate us from our competitors: Ownership and Control of EV Charging Stations and Services: We own a large percentage of our stations, which is a significant differentiation between us and some of our primary competitors. This ownership model allows us to control the settings and pricing for our EV charging services, maintain the 20 |September 2018 | MM 2018

23. ‘‘ ‘‘ charging services. Providing convenient and affordable EV Michael Farkas Founder & Executive Chairman them have gone bankrupt. The money to be made is among fuel supplying companies, required at every moment when a vehicle is in operation. We are certain the future is electric. Charging came in and took steps to deploy hardware in the areas where it’s needed. Now, the main obstacle, that the industry faces is consumers’ awareness. We have to let the people know that they can buy an electric car that can satisfy their transportation needs. into Blink Charging and looks towards hardware advancement to change the direction of EV charging tactics. What are the challenges faced by electric vehicles industry and how is Blink Charging serving to tackle them? Describe the experiences, achievements or lessons learnt that have shaped the journey of the company. Give us a few testimonials of your clients that accurately highlight Blink Charging position in the market. There are different issues that have arisen at different times. Lastly, the issue that arose was having the right product of EV. The first generation of EV were compliance cars that only went 30-40 miles on a single charge. As an answer, Chevy Bolt and Tesla Model 3 are economically priced, full- battery vehicles that an average consumer can afford. By 2020, all major manufacturers will have several EV models that will go an excess of 300 miles on a single charge. Our plans have changed and evolved throughout our years in business, and we are proud of what we’ve accomplished. This includes our R&D successes and our successful rounds of funding. We’ve raised the capital when we needed it, and now with the increasing capital, we will see as a result of being the only pure-play charging company on the NASDAQ. “Blink is a leader in the network service and EV charger markets in the US, and its products and solutions serve as the standard technologies in the region.” – Hong Dong-ho, CEO of DSPOne. “As an urban institution that is deeply engaged with its communities, Temple is committed to creating a sustainable campus environment and culture. The Blink EV chargers are an important part of Temple’s sustainability initiatives to reduce transportation- related greenhouse gas emissions.” – Kathleen Grady, Temple University’s Director of Sustainability. We’ve found that a big part of maintaining our entrepreneurial spirit is being flexible. We’re always ready to make the best use of new opportunities that emerge in the clean transportation sector. We’ve made mistakes along the way, and we regret none of them, because we learned so much from each mistake. If you believe in electric vehicles, the smartest investment to make is not necessarily in car companies. Historically, 99 percent of Another issue was charging infrastructure, or lack thereof. Blink 21 | MM 2018September 2018|

26. E-Mobility: Pioneering Transportation with Smart Grid T demands are initiated towards renewable energies in terms of a zero-emission and sustainable mobility. The "Smart Grid" could be a hypothetic methodology with electrically collected from vehicles that run on renewable resources. However, E-mobility consequently specializing in customer demands and build an effective source of energy through mobility. Rendering ahead with Smart Grid The move towards a low-carbon society would require progress in renewable energy production and in e-mobility. The success of e-mobility is connected to smart grid development that helps intelligent charging infrastructure for big scale acceptance of electric vehicles. The dependency works both ways in which comparable to massive scale acceptance of e-mobility helps massive scale infrastructure investments to be profitable. he electric automobile is associated with the integration of transportation, which is resulted according to the customer needs. Customer Functionalities of E-Mobility Electro mobility or E-mobility suggests clean and environment-friendly transport through electric vehicles. It conjointly delivers climate-friendly technology with massive growth potential. In the automotive industry, electricity suppliers and government influencers are also pushing e-mobility within the field of standardization. For sequencing to the perfection, utilities and network operators are heavily investing under development of ‘intelligent’ electricity distribution systems. There are two different kinds of plug-in electric vehicles, such as plug-in hybrid vehicle and pure electric vehicle. Were plug-in hybrid vehicles are equipped with a combustion engine and pure electric vehicle encompass pure electric connectivity. The proper electricity-production drastically reduces CO2 emissions compared to traditional combustion engine cars. From the perspective of the electrical grid, people’s habits and daily schedules can probably cause peak demand at certain times of day, which may cause electricity network congestion or voltages below normal. Smart Grid Communication for economical E-Mobility In smart grid, smart energy network depends upon comprehensive communication with integrated charging stations. The communication with the smart grid is incessantly measured and controlled through an IP-based connection. It additionally permits load compensation with the assistance of interconnecting charging stations. Additionally, vehicle-to-grid communication makes it potential to integrate special charge models and supply new services. Moreover, in future the vehicles connected to the smart grid unit expected to perform batteries for storing extra energy as needed. Revolutionary Trends of Electrical Grid In an electrical grid, the energy system becomes progressively relied on renewable energy sources. The wants to the electrical grid are ever-changing with latest trends. The alternative energy is generally non-controllable, suburbanized and unsteady. E-mobility brings purposeful technology which reinforces the transportation medium and efficient method. 24 |September 2018 | MM 2018

27. E-Mobility Flexible property of E-Mobility users are ready to offer the battery capacity to vehicles and to create energy for grid. Hence, Nissan drives its e-mobility vehicles effectively with unified consumer experience. E-mobility may be a versatile electrical transportation medium immensely capturing client demands. The flexibility of e-mobility helps to reduce costs of network investments and electricity bills with grid operators. The network has the flexibility to deal with worst case situation. It additionally reduces energy and absorbs excessive energy generation, and additionally things and voltage issues. Confronting Future with E-Mobility The future of electric vehicles is remodeling within the field of energy and quality happening in the fields of energy and quality. E-mobility is influenced by market factors and forthcoming trends that are nearly unbeatable. The conjunction of e-mobility and smart grid is a chance for many automobile industries. Through automobile, businesses have many possibilities to head in the market. Nissan Integrates E-Mobility with Smart Grid The well-known automobile brand, Nissan is introducing its own electronic vehicle or e-mobility vehicle with smart grid technology. Nissan additionally proposes to introduce technology and business ties between electric driving and smart grid. Moreover, Nissan is on the point of introducing energy storage for a vehicle for domestic usage supported second-life batteries. Nissan’s is aiming to provide concerning one hundred electric vehicle charging stations for each non-public and business purpose. The automotive Henceforth, e-mobility delivers significant solutions to automobile industry comprises with a smart grid. It’s a revolutionary step towards automobile segmentation comprises with electric transport mobility solutions. 25 | MM 2018September 2018|

28. We have designed the future of charging stations which will give gas stations a long-needed run for its money. With the design of our new ultra-fast charging (UFC) stations, we provide our customers with a meaningful break that will fast-charge the mental batteries along with the EV’s. Clever: Describe the experiences, achievements or lessons learnt that have shaped the journey of the company. Paving the Way for Sustainable Mobility D The global automotive industry has started experiencing the effects of global disruption after the vehicles are been in the process of getting electrified. In this era of disruption, one of the leading electric mobility Clever, operators is paving the way for tomorrow’s sustainable mobility. In an interview with Insights Success, the Casper Kirketerp-Møller unveiled the journey of Clever and how it provides sustainable value to stay ahead of competition. Casper: Through our lifespan, it has been all about identifying and relieving pain points in consumers’ everyday life. igitization, automation and new business models have revolutionized many industries, and the automotive industry is not an exception. Initially, in 2009, there were a very limited amount of EVs in Denmark, and as a consequence, Clever, which was named ChooseEV at the time, developed an extensive user-study along with the Danish transport authority which let 2500 Danes drive and experience EVs in order to gather data, knowledge and use cases to make informed approaches to implement EVs for the Danes. Based on the study, it became evident that charging infrastructure was crucial in order to support the EV integration and battle ‘range anxiety’. This led us to raise funding to invest in a strategic implementation of the public charging network. CEO What are the cutting-edge products/services offered by Clever? With the public charging network being implemented, next step was to develop a solution for home owners in order to bring charging to the doorstep of the consumers by making sure that they would wake up to a fully charged EV outside their door. After bringing charging to the homes of consumers, it became evident that transparency and ease of use was crucial in order to continue the implementation of EVs. This led to the product development of Clever Unlimited, marking a new era of EV charging in Denmark and internationally as well. Casper: We have invented the first ever flat rate charging subscription called Unlimited Unlimited gives our customers limitless charging and freedom wherever it’s needed. There is no fuss as the monthly fee gives consumer limitless charging at home with a home upgrade consisting of a home charging box including installation, limitless charging on our public charging network, and limitless charging on our new ultra-fast charging stations along the European freeways. Our invention of Unlimited is massively successful and has subsequently been copied 1:1 by the competition. We continually develop and enhance the user experience in our products, carving away friction to make it an effortless and digital experience to drive and charge our customer’s EV. This uncompromising focus is what has made Clever a market frontrunner. , a Netflix for EV charging. Currently, we are investing extensively in user-centred digital and physical products and services, such as app, website, IT infrastructure, upgrades to Unlimited, partnerships with car brands and the UFC project. What are the challenges faced by electric vehicles industry and how is Clever serving to tackle them? 26 |September 2018 | MM 2018

29. ‘ ‘ Everything we do, we do to inspire people to drive EVs – it’s the brightest idea we know, and we want to share it with the world. ‘ ‘ Casper: Deep-rooted fossil-based mind-sets and myths surrounding the EV performance and experience are barriers keeping the mass of consumers from even trying an EV. We are nuancing and challenging those mind-sets and myths by showing the value of e- mobility through our partnerships, and our user-centric products and services as driving an EV is not only more fun and a meaningful experience – it’s also in most aspects easier. Casper Kirketerp-Møller CEO decisions in their everyday work. Clever as a company has attracted international attention and recognition for the unique way of designing the future of e-mobility charging. based transport as a whole. In ten years, 3 out of 4 new cars sold will be EVs. And as long as there are EVs around, we will be there to make sure that driving and charging EV is meaningful, easy and frictionless. No matter if the car is autonomous, if our costumers live in the city or on the country, or they charge the car while driving. We will continue to put users first and make use of the technologies and expertise available to create the best possible user experience. About the Company Clever is the leading electric mobility operator (EMO) in Scandinavia. It provides charging solutions that make it convenient, fast and safe for its customers to charge their EV at home, at workplaces and on the go. It has established a nationwide network of public charging stations in Denmark, Sweden and Northern Germany and delivers charging solutions for all models of electric cars. It is owned by two of Denmark’s most innovative energy companies, SEAS-NVE and NRGi, who teamed up to create the conditions for the electrification of transportation. Compared to the situation in Norway, Sweden and Netherlands, Danish consumers, car dealers, leasing companies and companies in general are lacking economic motivation to invest in EVs caused by swaying and unstable Danish taxation politics on the EV area. We are working together with the industry to put pressure on Danish politicians to ensure security and confidence in the market. About the Leader Casper is e-mobility enthusiast to the bone but rely deeply on the 50 dedicated co-workers of Clever as the organization has a flat hierarchy that empowers every co-worker to make autonomous and smart What, according to you, is the future of electric vehicles and what role does Clever play in that? Casper: The EV is a superior product that will dominate the future of road- 27 | MM 2018September 2018|

30. EO Charging: Leading the charge for electric vehicles E fleets and destinations – offering a holistic solution to all types of EV drivers. In just three years, EO has grown from a small operation in an old barn to a global EV charging brand, now selling in 25 countries around the world. for electric vehicle drivers looking for a discreet and easy-to-use charger. O Charging is one of the UK’s leading electric vehicle (EV) charger manufacturers. Founded in 2015, the company designs chargers for homes, Our eoBasic is a simple plug and play EV charger available in 7-22kw options – perfect for the everyday EV driver. Where we’re leading the industry is our eoGenius charger – the most cost-effective, scalable smart charging solution that allows fleet managers to grow their charging infrastructure with ease. So how does it work? Well, by connecting our eoGenius chargers to the eoHub, a smart unit that connects up to 32 chargers, fleet managers and EV drivers get access to the eoCloud, eoApp and all of our smart functionality. In an interview with Insights Success, Charlie Jardine, Founder and CEO ofthe company, shares his experience, company’s products and motto of the organization along with the future goals in revolutionizing the EV industry. By not having the smart hardware in each charger, fleet managers or business owners don’t face large upfront costs and are able to easily scale their charging infrastructure as more and more electric vehicles are purchased and enter their fleet. Describe the experiences, achievements or lessons learnt that have shaped the journey of the company. Below are the highlights of the interview conducted between Charlie and Insights Success: Give a brief overview of the company, its uniqueness and its vision. Charlie: EO Charging is one of the UK’s leading electric vehicle charging manufacturers. We design chargers for homes, fleets and destinations. We see EV chargers as the first piece of the puzzle in helping consumers gain energy independence – both in terms of generation and storage. Charlie: As with any startup, EO’s growth to date hasn’t come without complications. The first EO charger was designed and manufactured on Charlie’s Grandfather’s farm – in fact, in an old pig shed! Fast forward three years and the company now has a state-of-the-art manufacturing facility in Stowmarket, Suffolk employing over 15 people. One of the biggest hurdles for EO has been keeping up with demand – the company to date has manufactured around 4000 chargers and currently sells in more than 25 countries around the world! What are the cutting-edge products/services offered by EO Charging? Charlie: EO has a number of industry leading products including the eoMini, the eoBasic and the eoGenius and the eoHub. What are the challenges faced by electric vehicles industry and how is EO Charging serving to tackle them? The eoMini is currently the smallest fast charger on the market and is fully customizable. It’s the perfect option 28 |September 2018 | MM 2018

31. Charlie: One of the biggest problems faced by the electric vehicle industry is charging infrastructure. Currently in the UK there aren’t enough chargers to support the increasing number of EVs on the road. years, Charlie made the decision to setup the business with the mission of building simple yet reliable EV chargers. Whilst Charlie is the youngest leader within the industry, his focus to build a brand and product that EV drivers love has propelled him to the forefront of the global EV revolution. He is a driving force behind the company’s sales, partnerships and is constantly striving to ensure EO stays at the forefront of innovation in the sector. EO is working directly with both consumers and businesses to ensure they’re installing the most appropriate, future-proof charging solution. EDF energy, Oxfordshire County Council and Oxford University) to develop a Vehicle-to-Grid (V2G) charger. Once the technology is fully developed, EVs will be able to assist the grid at times of sudden spikes in demand or supply. What, according to you, is the future of Electric Vehicles and what role does EO Charging play in that? About the Leader: Charlie: We’re currently witnessing the second automotive revolution - first the combustion engine took over from the horse & cart, now electric takes over from petrol & diesel. EO was founded by 26-year- old Charlie Jardine. Having worked at a rival UK manufacturer for a number of We will soon be moving out of the ‘early adopter’ stage of vehicle electrification and soon into the ‘early majority’ where everyday consumers will embrace EVs with open arms. EO plays a vital role in enabling this revolution (or rEVolution, if you will) and the company is currently working on a number of innovation projects to prove the use case for technologies like Vehicle-to-Grid charging. ‘‘ ‘‘ EO is focused on developing charging technology that is simple and reliable.‘‘ ‘‘ —Charlie Jardine EO is currently working alongside Innovate UK and a consortium of UK businesses and organizations (including Founder & CEO 29 September 2018|

34. Electrovaya Lithium-ion batteries: Powering Electro-Mobility ince 1996 E it was listed on the Toronto Stock Exchange (TSX: EFL) and has continuously delivered cutting edge technology projects for aerospace (NASA), automotive and personal electronics. Overtime, it has developed key technologies for fundamental cell and battery technology with more than 150 patents in these fields. Recently, Electrovaya has concentrated on battery solutions for heavy-duty applications requiring superior life cycle and performance. It has successfully developed unique ultra- long life cycle battery systems, which are particularly designed for Materials Handling Electric Vehicles (MHEV). Currently, it supplies major OEMs with specialized battery module and systems. On the average, MHEVs and passenger EVs run daily for around 10 hours and 2 hours, respectively. Electrovaya s ultra-long life cycle technology ’ is extremely suitable for these kinds of application. The current target markets are 1.5 million operational MHEVs and approximately 160,000 new MHEVs placed in North America last 2017 (Industrial Truck Association, 2017, Washington DC, USA). Also, on 25th of July 2018, Electrovaya has successfully delivered batteries to Walmart Canada’s distribution center. This is a major milestone for Electrovaya and the Materials Handling Industry, for it is one of the largest lithium-ion installations in North America. Currently, Electrovaya’s Lithium-ion batteries provide power to all MHEVs at this distribution center. lectrovaya was established in 1996 as a research and development company focused on Lithium ion technologies and manufacturing processes. In 2000, Industry Outlook Forklift truck sales in North America’s market continued their unprecedented increase. The year 2017 marked the third consecutive year of growth with more than 250,000 units sold, representing a 9.5% and 12.2% increase compared to 2016 and 2015, respectively. In addition, thousands to millions of electric powered trucks are sold annually in the U.S. and worldwide. The continuous increase in the number of battery-operated trucks from the previous years’ shows the potential use and lead of Electrovaya’s lithium-ion batteries in the trucking industry. Compared to vehicles powered with fuel, Electrovaya powered vehicles can function well within 24 hours every day under extreme temperature conditions with annual mileage of 20,000km. Customers and Emerging Markets To further introduce the technology and excellence of its products and services to the world, Electrovaya joined the Modex Expo 2018, which happened at Atlanta, GA. In this occasion, the company showcased the lithium ion batteries that are widely used in the materials handling sector. Six Fortune 500 companies in the logistics, e-commerce and manufacturing sectors have started using Electrovaya batteries for their forklift trucks, Material Handling Electric Vehicles (MHEV) and Automated guided vehicles (AGV). This emerging market generated around $3.3 million of revenue from battery-operated deliveries mainly from Walmart from the January to March 2018. Also, additional purchase orders of $2.3 million were placed last June 2018. 32 Given the tremendous success of Electrovaya in the previous years, what really sets it apart from the other battery providers? |September 2018 | MM 2018

35. Expert’s Forsights Raj Das Gupta Vice President of Business Development Electrovaya 33 September 2018|

36. batteries with maintenance cost of only 45 USD for cable replacements and remote monitoring. Safety is our priority Ÿ Electrovaya batteries are built using the safest technology, which has been continuously improved overtime. Once installed, this battery can be recharged similar a cellular phone. Hence, it removes the danger involved in removing and handling of batteries, which are necessary in lead acid battery charging. Last year, no accidents were recorded on the usage on forklift trucks with Electrovaya batteries. About the Author Raj Das Gupta has worked with Electrovaya previously as Director of Research and later as Vice President of Energy Storage. Raj is responsible for managing and increasing Electrovaya’s sales for both its stationary and automotive energy storage systems, as well as developing Electrovaya's strategy for technology licensing and business partnerships. Raj attended Imperial College, London; Massachusetts Institute of Technology; and the University of Cambridge, where he received his Doctorate in Materials Science. Capital expenditure Ÿ Lithium battery is always criticized about its high initial cost, wherein Electrovaya battery system is twice the cost of the lead acid batteries. However, Electrovaya batteries last twice longer than lead acid batteries due its 9000 life cycle. This is the result of the collective efforts of the company’s engineers who filed more than 150 patents under the Lithium cell technology. Therefore, after 6 years, the total investments of both types of batteries are the same. Also, if both batteries will be on a lease, the monthly lease expenses will also be similar due to longer lease period on Electrovaya batteries. Future Perspective Electrovaya’s vision is to be the leader in critical and highly intensive applications. Its extensive line of products and worldwide partnerships helps it to lead the industry. Aside from the six Fortune 500 companies, MNCs have also purchased from Electrovaya and many are still exploring the benefits of using this technology in keeping their companies transform and grow. To elaborate on what makes it one of the leading brands for powering electro-mobility, enumerated below are the benefits from utilizing Electrovaya’s technology. Reduced costs and increased productivity of charging • Based on observation, there was an increase in the productivity of the forklift truck drivers due to opportunistic and fast charging. Lead acid battery can function for 8 hours but also needs to be charged for 8 hours. Meanwhile, Electrovaya battery can be charged opportunistically during break times, which increases its run time. The use of advance connector system removed arching or any fire hazards. Ÿ Reduced maintenance costs Electrovaya batteries do not require additional distilled water, switching, cleaning and maintenance. These advantages, made the maintenance costs of Electrovaya batteries 59% cheaper than Lead acid batteries. Reliability of Electrovaya A testimony from the warehouse manager of a leading e- commerce company stated that Electrovaya was very efficient in switching the batteries, particularly in installing the Lithium-ion batteries. Since then, the company has reported reduced energy and maintenance costs, while there was an increase in the labor productivity. This shows that Electrovaya continues to be one of the leading companies in this industry. Electrovaya has been continuously providing unwavering high quality technologies and services to the people since 1996. For instance, Watering System Maintenance and Acid Containment Spill Kit cost 135 USD annually for each truck with lead acid batteries compared to Electrovaya 34 |September 2018 | MM 2018

38. An Energized Approach Shaping the EVs’ Market EVBox T an electrical outlet to fuel their vehicles. When the market for electric vehicles (EVs) was still in its initial stages Amsterdam based company, EVBox in the year 2010. A techie at heart, EVBox’s co-founders identified the importance of having a connected charging infrastructure at an early stage. With this mindset, the company throve and expanded to several countries in Europe and North America, while building diverse electric vehicle charging solutions for home, business, commercial and public charging. strong leading brand perfecting its original recipe of a second generation of hardware and software that are energy efficient, future proof, and easy to use. he demand of electric vehicles has significantly increased over the last decade. Vehicle owners around the globe are switching from gas stations to A Versatile Leadership The insightful leadership ofEVBox’s CEO, Kristof Vereenooghe, is the motoring factor behind its remarkable success. Kristof is a seasoned entrepreneur with SaaS cloud software expertise with a track record in driving international growth. His innovative, entrepreneurial and versatile behavior has successfully resulted in building many teams and companies. Prior to joining EVBox, Kristof has extensively contributed at various startups that have now become the key players within their industries, such as Bynder, LUMA Marketing Technologies, Eclipse International and Xeikon. made its breakthrough An Elite Electric Vehicle Institution EVBox is the leading global manufacturer of electric vehicle charging stations and charging management software. With an installed base of over 50,000 charging points across more than 980 cities worldwide, EVBox drives sustainable mobility, by bringing leading electric vehicle charging solutions to the world. In 2014, Gilde Equity Management Benelux became EVBox’s new major shareholder to help EVBox expand internationally. EVBox’s strong market position in the Dutch industry, promising customer base and range of expertise, as well as the exponential growth of electric vehicle sales around the world, enticed Gilde to invest heavily in its expansion plans. Charging Solutions with Uncompromising Quality and Reliability EVBox believes that its charging solutions maximize the return on investment while minimizing costs. From the installation and online integration of every station, to the tracking and billing of all charging sessions it helps everyone in operating and managing their charging stations with ease and efficiency. Powered by durable components and intelligent software, EVBox’s charging stations are compatible with every In 2017, EVBox was acquired by ENGIE Digital, who identified EVBox as a disruptive, leading clean tech company making a difference in the fast growing industry of electric mobility. Today, EVBox moves forward as a 36 |September 2018 | MM 2018

39. As a fast-growing scale-up within the beating heart of the clean tech industry, our job is to accelerate the transition towards a zero emissions future. —Kristof Vereenooghe CEO industry. For instance, many fleet managers, retail outlets or hotels are unsure about changing their parking offerings to be set for electric vehicles. Hence, EVBox envisions being a knowledge partner and inspiration for all the stakeholders, by visiting many different regional & global events and publicly sharing insights on the future of the industry. In addition to this, the company also writes qualitative articles and whitepapers to educate people about the industry and its current trends. electric vehicle, now and in the future. Its broad range of solutions includes home charging stations, business charging stations, public charging stations, charging management, charge cards, and accessories. charging stations, to parking facilities and commercial fleets, Everon is forever flexible and scalable. In addition, EVBox tries to shape the future of mobility by hosting its own annual conference and network event rEVolution. rEVolution is the annual networking and idea- sharing conference for the e-mobility industry. Each year, the sector’s finest gather in Amsterdam for a full day of inspiring presentations and conversations aimed at deliberating the ways to accelerate the adoption of sustainable mobility. In 2018, the event brought together 514 experts from 32 countries to debate on above deliberation. It is estimated that the year 2019 will see up to 1000 e- mobility experts & professionals coming together to discuss the future of mobility. Determined to Provide Flexible and Scalable Solutions EVBox came up with its latest innovations which involves home charging station ‘Elvi’ and charging management platform ‘Everon’. Elvi is the first charging station from the new generation EVBox designed for every electric car with its upgradable and future-proof features. It has charging capacity that ranges from 3.7 kW to 22 kW. Elvi is durable, smart, and simple design that can track and invoice charging sessions. Its compatibility with every electric car makes it easy to use, install, and upgrade. Whereas, Everon is a widely customizable platform that helps every charging point operator to easily manage and control all charging sessions, costs, and power consumption. From lease drivers and A Vision of Emission-Free Future EVBox envisions a future where everyday transport is electric, emission-free, and sustained by a green charging infrastructure. Climate change is forcing the company to take action in favor of the occurrence of the full-hearted adoption of electric vehicles or rEVolution as EVBox likes to call it. Its role will be to provide the smart and scalable charging solutions around the world and advising governments, cities, OEMs and companies through this rEVolution. Unfolding the Uncertain Knowledge of Electric Vehicles According to EVBox expertise, knowledge among consumers (drivers) and businesses that are uncertain about how to prepare for electric mobility is a substantial challenge in the EV 37 | MM 2018September 2018|

40. Smarter Energy Grids 38 |September 2018

41. Digi Connection Digi Connection H fireflies, suction cups by octopus and robots itself to replicate human beings. One such instance that has been enthused by microorganisms is distributed ledger technology (DLT), widely known as blockchain. Smart Meters uman beings have always looked up to nature and made efforts to learn from its basic principles. Sonars were inspired by dolphins, light bulbs by Smart meters are used to record electrical usage. These meters enable us to monitor our electrical consumption more precisely which will help consumers make better energy choices. Through blockchain, clients can directly get the amount spent which eradicates middleman thus saving money. This creates a more resilient network for gadgets to run on. Smart meters can also provide accurate data to the provider without needing a direct link to the meter of particular users. “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” -Don & Alex Tapscott. With the help of blockchain, producers of smart grids do not have to invest a humongous amount. Here the producers get paid instantly, which leads to less capital expenditure. Besides this, blockchain can play a serious role in adjusting power flows through the amalgamation and optimization of local grids measured by the public or consortium modes. It can aid in the maintenance of permanent records by servicers, giving a flawless view of a particular object or part of infrastructure at any given time. This information can be retrieved easily as the structure is built on a shared platform, while retaining the authenticity of the record. It records transactions between two clients without any third party authentication which is an efficient process when it comes to stable data. Blockchain provides data management without the threat of unauthorized access or manipulations.It is proving to be a solution for frequent problems in various fields. Blockchain technology has the capability to disrupt approximately every industry ranging from finance, to education to power. Blockchain Technology in Smarter Grids While the possible benefits of the Smart Grid are usually discussed in terms of renewable energy goals, economics and national security, it has the potential to help save money by managing your electricity usage and choosing the best times to purchase electricity. Consumers can save even more by generating their power with the help of blockchain. Lately, due to the speedy growth in the deployment of DEPs the smart grid organization problems can no longer be proficiently addressed using centralized approaches, thus, the necessity for visionary decentralized methodologies and architectures is widely recognized. One of the areas in the energy industry where blockchain technology can disrupt the market is smart grids. Lately, blockchain has been well-thought-out as one of the developing technologies that can be used for developing decentralized grid topologies and revising the distributed management of energy businesses. Blockchain database is shared by all the nodes in the system. A node is an active device which can be connected to internet and has an IP address. Examples of devices include computers, tablets, phones and even printers. The job of a node is to upkeep the network by maintaining a copy of the blockchain and process transactions. It is assessed that the blockchain technology will add another $3.1 trillion by 2030. Lately, due to the speedy growth in the deployment of DEPs the smart grid organization problems can no longer be proficiently addressed using centralized approaches, thus, the necessity for visionary decentralized methodologies and architectures is widely recognized. Benefits of Blockchain in Smarter Grids Blockchain can aid numerous utility industry requirements. It can act as a foundation stone with the possibility of disrupting the prevailing ecosystem. With the promotion for e-vehicles and individuals shifting to electric cars, supply and demand of energy needs to keep pace. Here blockchain comes in the scenario with its peer-to-peer interconnectivity and sharing. This balances the demand from several foundations and makes the grid smarter by directing sharing. Lastly, blockchain technology may eventually fast-track the evolution to what the power industry calls a “distributed world.” It is the sum of both small and large power- generation structures for communities, businesses and home. To prosper in capitalizing the potential of distributed generation and supervising less foreseeable and more capricious renewable power sources, the trade's infrastructure must first become more agile and less centralized. As there are small and compact smart grids, consumers with the help of blockchain can simply trade energy with one another thus saving time and earning a few dollars. In the power industry, blockchain technology can ensure a 5D Impact: decentralization, digitization, democratization, distribution and deregulation. 39 | MM 2018September 2018|

44. IES Synergy: Addressing the Growing Demand for Charging Solutions W charging infrastructure is the backbone of the EV industry. One of the leading companies addressing the growing demand for EV charging solutions is ith the evolving disruption in Automotive Industry, Electric Vehicles (EV) market is powering up on a top gear. However, the end of EV manufacturing lines. Built from years of experience of IES mastering EV protocols, those products have been used by many prestigious car makers all over the world, to make sure their new models will provide a perfect compliance with protocols. IES Synergy . President In an interview with Insights Success, the CEO Jean-Michel Cornille, leading IES Synergy and uncovers his insights on taking the company to the next level. and DC universal Wallbox for all EV cars: Offering unique compact design and delivering true 22/24kW to any EV on the market, the IES multi-standard wallbox provides the most universal and economic solution for charging at destination. With its compact design, the KEYWATT wallbox can be installed in less than two hours, either on a wall or on a pedestal. Its rated 22kW (AC) or 24kW (DC) output power will charge most EV cars typically in about one hour, independently of their protocols (Combo, CHAdeMO and/or AC Type 2), at a fraction of the cost of more expensive 50kW solutions. Based on a unique design without air filter, its maintenance needs are greatly reduced. Its customizable front panel & user menu makes it an ideal solution for providing fast charging points at shopping centers, restaurants, parking areas or for any work places or enterprise fleet. Ÿ shares his experiences on Give a brief overview of the company, its uniqueness and its vision. Jean-Michel: IES, which stands for Intelligent Electronic Systems, is a leading company recognized for advanced electric vehicle battery charging solutions. Founded more than 26 years ago, IES has created a high expertise for designing and manufacturing high frequency battery chargers at the edge of the technology. First engaged on the industrial vehicle market, where the company has developed a complete range of on-board chargers recognized by top leading industrial actors in the world, it has also actively participated to the emergence of the electric passenger vehicle market. Participating with key German car manufacturers on the development of the CCS Combo protocol, IES has been one of the pioneers developing leading-edge fast charging solutions for electric cars. Creator of the KEYWATTTM technology, IES has expanded its presence to many regions in the world, with more than 4,500 chargers deployed in the world. Charging Station for eBuses: It is a 50kW station specifically designed for charging eBuses in depot. With an optimized surface footprint and a unique hermetic design, the new IES station for eBus is perfect for use in depot environment, whose implantation is facilitated, maintenance needs greatly reduced and service continuity optimized. Three stations can be also coupled, as its paralleling kit enables the possibility to charge up to 150kW. Ÿ What are the cutting-edge products/services offered by IES Synergy? Jean-Michel: We offer 3 key cutting-edge products for external fast chargers: Mobile charging solutions: Easy to move and easy to connect, the Trolley and the Cube, with their interchangeable cables, are solid solutions for car manufacturers, for testing new EV cars in development. Dependable, they are also used to charge batteries at the 42 Ÿ |September 2018 | MM 2018

45. Describe the experiences, achievements or lessons learnt that has shaped the journey of the company. ‘‘ Jean-Michel: Always at the edge of the technology, IES has capitalized on the many steps the automotive market has taken so far. Combining high expertise in HF Power electronics and a true innovation spirit, IES was at the core of the moments that shaped the industry. Being at the earlier steps of the electrification trend seen 25 years on industrial vehicles, being at the earliest stage of the development of the CCS protocol, or chosen by FIA for charging their racecars, all those experiences resulted in the birth of the KEYWATTTM technology, used and recognized by many leading actors on the market.. Trademark of IES, KEYWATTTM has been selected as the core solution of many charging infrastructure actors in Europe, North America, and more recently in China through our joint venture created with WANMA in 2015 thanks to the support of our main shareholder, EURAZEO. In January 2018, within a capital increase, The NEXANS Group joined IES as a new shareholder, bringing additional means to accelerate its development. We have achieved wide recognition as a technology leader and a proven supplier of innovative charging solutions. ‘‘ What are the challenges faced by electric vehicles industry and how is IES Synergy serving to tackle them? Jean-Michel: The adoption of electric vehicles by our citizens is tightly linked to the availability of a well dimensioned charging infrastructure network. New forms of transit will also appear, such as car sharing or zero emission public mass transport, in order to fight against pollution issues and congested city center access. IES has developed unique compact and cost-economic solutions based on its KEYWATT technology, to greatly facilitate the deployment of fast charging infrastructure in our cities, either for individual or mass transport.At IES, we believe fast and economic chargers to be spread in public and commercial environment will be the most essential solution. Another barrier seen by the users is linked to the autonomy and the cost of the vehicles. But relentless progress in battery technology push the density up and the cost down, making vehicles more affordable with a larger autonomy. As of today, new generation of EV are announced with 500-600 km autonomy. About the Leader Graduated from Ecole Polytechnique & Ecole Nationale des Ponts et Chaussées, Jean-Michel Cornille joined IES in March 2015. He spent most of his career in Telecom or Electronic Industry, in Executive Management positions within large international companies, such as President of ALCATEL Mobile Solutions Division, Executive Vice- President of AREVA T&D Automation and Senior Vice- President of ALSTOM Grid Power Electronics & Automation .Jean-Michel brings his high level executive management experience in leading IES to take it on a next level. Jean-Michel Cornille President & CEO 43 | MM 2018September 2018|

46. KULR Technology: Delivering Top-notch Thermal Management Solutions J That means that electric vehicle technology and battery technology are not just linked, they are one in the same – few advances in EVs will be possible without advances in batteries. Adding range, power, advanced cabin features, faster charging and enhanced safety all require better batteries. power and farther range, it really matters. And it’s not just for motors and drive components – KULR’s fiber solutions can manage the heat of the EV batteries themselves. ust like the vehicles themselves, the electric vehicle (EV) market will only go as far as batteries take it. That’s a big deal because of the power demands that can consume an EV battery. Imagine, for example, starting your EV, in 110-degree desert heat, running the air conditioning, running satellite GPS and navigation systems and the drive train – all from a battery that, if it gets too hot, will just shut down, or worse. In conditions like that, keeping that battery cool isn’t just important, it’s essential. That’s why the breakthrough work that KULR TechnologyGroup, Inc. (OTCQB: KUTG) is doing is so vital to EVs and the market. In ongoing testing, KULR’s newly engineered carbon fiber cooling systems and materials co-designed with NASA for space flight are proving to make batteries not just more efficient but safer. As more demanding systems such as self-driving or collision avoidance technologies are added to cars, heat management will become even more critical. Not only will these new systems demand more power from batteries but their sensitive electronics and lasers, the lynchpin of self-driving technology LIDAR, will degrade as they overheat. “Innovation isn’t always about doing the impossible,” said Dr.Timothy Knowles, CTO of KULR Technology and a veteran of space thermal management technology. “Many times, the most significant innovations and advances come from solving the most obvious and most common problems. For many technologies, and especially for EVs, heat and power efficiency are constant and serious problems and our technology provides the most serious answer.” KULR’s core technology is a flexible and exceptionally lightweight fabric material that looks and feels like velvet but is made from pure carbon fiber – the most efficient conductor of heat energy on earth. For engineers and system designers the fiber’s flexibility, low contact pressure requirements, weight, and optimum cooling efficiency are game changers that allow them to manage or mitigate heat in ways that simply were not possible just a year ago. For EVs, better heat management solutions are crucial because old legacy heat solutions such as fans, water pumps, reservoirs, and metal heat plates are heavy and bulky. When you’re burning gas perhaps hauling around 150 pounds of cooling pumps and fans doesn’t matter. But for EVs where less weight translates into more 44 But it turns out using carbon fiber to efficiently cool batteries and high-technology EV components can have even more important benefits when done correctly. In |September 2018 | MM 2018

47. ‘‘ ‘‘ We use innovative space technology to transform the world of electronics, batteries and electric vehicles and make electronics cooler, lighter and safer. Dr.Timothy Knowles CTO drones. Drones have to be lighter, deploy more power, go faster, and being airborne, have even less risk for failure. testing with NASA for crewed space flight, KULR’s carbon fiber can be configured to stop dangerous battery fires and explosions. That’s why, to test and prove their space-designed carbon cooling fiber, KULR has partnered with drone designers, engineers and racers at DR1 – the fastest, most technologically demanding drone racing circuit. Starting this year, KULR will be the DR1 Technology Partner. And what KULR proves in the air will find its way to the road. The safety assembly, known as the KULR Thermal Runaway Shield (TRS), has been proven to contain the potentially catastrophic impacts of thermal runaway where the failure of a single lithium-ion battery cell can trigger a neighboring one and so on in a chain reaction explosion. “It’s a kind of natural evolution,” CTO, Dr.Timothy Knowles, said. “Our carbon fiber was designed for space and has been used in more than 100 applications for places like Mars and the international space station. Now, we’re making drones lighter, faster and safer and we’re already testing our products for more earth-bound vehicles such as cars and trucks – working our way down so to speak.” It’s not necessary to be an EV scientist to know that limiting or preventing battery fires is a major concern for EV makers – and drivers. Eventually, fire safety systems like KULR’s TRS may be standard in all EVs – not just cars but boats, trains, construction equipment, space and aerospace vehicles and drones. Really, anything with a battery that moves. If anything is more sensitive than cars in balancing the needs of space and weight with battery power, it’s If KULR can crack the EV heat problem -- adding to battery efficiency all while making those batteries safer, it would be difficult to over-state the potential contribution to EVs. Consumers are unlikely to turn in the keys to their gas-powered cars and pick up ones for EVs until those alternatives go as far, as fast, as reliably as easily. Doing that will require batteries that are safer and more efficient and KULR may just hold the keys to that. 45 | MM 2018September 2018|

50. Local Motors: Shaping the Future for the Better F focused on shaping the future for the better. Since its foundation, Local Motors began low volume vehicle manufacturing of open-source designs using multiple microfactories. Currently, Local Motors by LMI harnesses the technology of direct digital manufacturing (3D-Printing) to create innovative, scalable solutions. Matt Rivett Executive Vice President ounded in 2007 with a belief in open collaboration and co-creation, Local Motors by LMI is a ground mobility company that is Local Motors utilizes the power of the Launch Forth by LMI co-creation community of nearly 200,000 online members from around the world as well as utilizes Direct Digital Manufacturing and 3D-Printing within micro-factories to create products rapidly and efficiently while being able to provide customers the ability to customize and integrate new technologies with ease. Visionary Leaders LM Industries Group, Inc., the parent company of Local Motors, is headed by CEO, Jay Rogers. He is widely recognized as a visionary in the automotive, manufacturing and technology space. Jay Rogers is a highly sought-after speaker, engaging and provoking forward thinking around the world in a variety of venues. Jay believes in candor, action, responsibility and excellence throughout the organization. Rogers founded Local Motors after serving for seven years in the United States Marine Corps, where he was an Infantry Company Commander. He has worked as a consultant for McKinsey & Co., as an investment analyst at Ewing & Partners, and at a startup medical device company in the People’s Republic of China. He serves as the Chief Investment Officer and Director of the RBR Foundation, a philanthropic foundation focused on education and healthcare. A graduate of Princeton University’s Woodrow Wilson School of Public and International Affairs, Rogers holds a Masters in Business Administration from Harvard Business School (Baker Scholar). Matthew Rivett is the Executive Vice President of Local Motors and a leading force in automotive innovation. Matthew was a critical contributor to the development and manufacturing of Olli, the first 48 |September 2018 | MM 2018