Workhorse Group, Inc. · NASDAQ:WKHS
Workhorse — Investor Presentation (August 2016)
18 slides from Workhorse's investor presentation, August 2016
Slide 1: Workhorse Group Inc. Investor Presentation
Workhorse Group Inc. Investor Presentation August 2016 © 201 Workhorse Group Inc. All Rights Reserved. © 2016 Workhorse Group Inc. All Rights Reserved
Slide 2: Industry Data and Forward Looking Statements
INDUSTRY DATA AND FORWARD LOOKING STATEMENTS Workhorse obtained the industry and market data used throughout this presentation from our own research, internal surveys and studies conducted by third parties, independent industry associations or general publications and other publicly available inform
Slide 3: Workhorse at a Glance
WORKHORSE AT A GLANCE Workhorse (“WKHS” or “the Company”) is a leading manufacturer of last-mile, cost effective delivery systems FOUNDED: 2007 // HEADQUARTERS: CINCINNATI, OHIO // EMPLOYEES AND CONTRACTORS: 80 EXCHANGE: NASDAQ // TICKER SYMBOL: WKHS • Diverse product offering with strong value prop
Slide 4: Attractive Economics: E-GEN Saves Fleets Over Gas
ATTRACTIVE ECONOMICS Cost Comparison - Gas vs. Workhorse E-Gen Total Cost-of-Ownership: $0.11 per kWh $2.50 Go-Forward Price $53K Maintenance $120K Maintenance E-GEN Saves Fleets > $140,000 vs. Gas Over 20 Year Life Cycle $141,190 Savings 3 © 2014 Workhorse Group Inc. All Rights Reserved.
Slide 5: Overview of Workhorse's Primary Product Line
OVERVIEW OF WORKHORSE’S PRIMARY PRODUCT LINE Medium-Duty Step Chassis Innovative design and attractive price point positions Workhorse as a top competitor in this market segment. The Workhorse strip chassis is offered in two battery-powered electric models. E-GEN – Range-Extended Electric Vehicle E-
Slide 6: Workhorse W88 Chassis Layout – E-GEN Illustration
WORKHORSE W88 CHASSIS LAYOUT – E-GEN ILLUSTRATION Workhorse E- GEN patent-pending powertrain is unmatched by any other powertrain supplier. BMW REx - 647cc; 2-cyl. Internal combustion engine configured as 2100nm Electro Magnet Motor Rear axle on-board Generator Direct-Drive = No Transmission with in
Slide 7: Workhorse W88 Chassis Layout – E-100 Illustration
WORKHORSE W88 CHASSIS LAYOUT – E-100 ILLUSTRATION Workhorse E- 100 patent-pending powertrain is unmatched by any other powertrain supplier. Workhorse W88 Chassis Battery Heat 19,500lb. GVWR Exchanger 120 kWh Park Pawl Housing Li-Ion Battery Packs 200 kW / 2100 N-m with Integral BMS and HVIL Protecti
Slide 8: Workhorse Metron Telematics Performance Monitor
WORKHORSE METRON TELEMATICS PERFORMANCE MONITOR Workhorse Developed Metron Telematics The telematics system and associated hardware installed the Workhorse vehicles are designed to monitor the CAN network traffic for specific signals. These signals are uploaded along with GPS data to a Workhorse ser
Slide 9: Overview of Workhorse's Unmanned Aerial Systems
OVERVIEW OF WORKHORSE’S UNMANNED AERIAL SYSTEMS HorseFly Delivery Drone Engineering the future of parcel delivery aviation HorseFly™ Unmanned Aerial System (UAS) is designed for the package delivery market and other commercial applications • Designed to meet the existing and anticipated future FAA g
Slide 10: Workhorse UAS Drone Delivery Process
OVERVIEW OF WORKHORSE’S UNMANNED AERIAL SYSTEMS (UAS) Workhorse UAS Drone Delivery Process Select the link below to view the HorseFly Delivery Process in Action 9 © 2014 Workhorse Group Inc. All Rights Reserved.
Slide 11: Electric Vehicle Incentives
ELECTRIC VEHICLE INCENTIVES Workhorse’s Full Electric Vehicles are approved for State Government incentive funding The NYT-VIP is an important partnership between the New York State Energy Research and Development Authority (NYSERDA), New York State Department of Transportation (NYSDOT), New York Ci
Slide 12: Competitive Landscape
COMPETITIVE LANDSCAPE Workhorse Powertrain vs. Other Manufacturers Workhorse’s ability to meet fleet performance specifications and reduce vehicle lifecycle costs affords it significant advantages over competitors offerings. Workhorse Powertrain vs. Other Manufacturers Key Features and Innovative Hi
Slide 13: Market Opportunity
MARKET OPPORTUNITY Growth Strategy Workhorse employs a thoughtful, long-term growth strategy based on market demand and cooperative partnerships with suppliers and innovators. Category • Step Van and Cab-over Strip Chassis Total Market Size • Estimated 12,000-15,000 Step Van units per year in Units
Slide 14: Customer Orders and Pre-Qualified Suppliers List
CUSTOMER ORDERS AND PRE-QUALIFIED SUPPLIERS LIST Clients and Prequalified Supplier Lists Clients • One hundred twenty-five (125) Workhorse E-GEN’s ordered by UPS on August 7, 2105. • Two (2) Workhorse E-GEN’s acquired under a pilot program have performed very well delivering packages on routes for U
Slide 15: Intellectual Property
INTELLECTUAL PROPERTY In addition to several patents, Workhorse received schematics, CAD files, design documents, bill of materials, and rights to all vehicles including the W22, W42, W62, W88 and LF72 chassis. Workhorse also received documents and descriptions related to plant operations personnel,
Slide 16: Summary
SUMMARY Competitive Advantages • Proven market leader in manufacturing medium-duty trucks with battery-powered electric drivetrains • Compelling Value Proposition Workhorse products provide breakthroughs in fuel and maintenance efficiency, and environmental impact Acquisition of the Workhorse pl
Slide 17: Leadership
LEADERSHIP Management Team Board of Directors Advisors Stephen Burns, Julio Rodriguez, Duane Hughes, Raymond Chess, Gerald Budde, Bill Richardson, Founder, CEO & CFO President Chairman CFO, Assured Former Governor Director Neace Lukens of New Mexico Don Wires, Marty Rucidlo, James Taylor, H. Benjami
Slide 18: Contact Information
CONTACT INFORMATION For more information, please contact: Steve Burns Duane Hughes Julio Rodriguez Founder & CEO President Chief Financial Officer Workhorse Group Inc. Workhorse Group Inc. Workhorse Group Inc. 100 Commerce Drive 100 Commerce Drive 100 Commerce Drive Loveland, OH 45140 USA Loveland,
Workhorse Group — Investor Presentation (August 2016) on 6ix