G-volution Plc
G-Volution a new energy future Gas revolution: a new cheap, clean fuel Transport will switch to gas G-Volution s technology is the best Cummins EPA approved dual fuel engine Unique emissions technology Huge opportunity Interest in Europe for current funding round, Seeking smart partners in HK/China
Gas is cheaper, cleaner and greener than diesel (and quieter too) 20% less carbon 50% less with biomethane 90% less particulates
Governments increase emission regulations China V Tier IV
Transport industry faces energy revolution i.e. In USA Fuel is up to 50% operating costs Substantial cost savings (20-40%) Emission regulations Dual fuel engines available Gas distribution
Dual Fuel is the key and G-Volution has the best technology A control system + gas tanks Best value, most cost-effective Diesel engines are known & used Not reliant on gas infrastructure Chosen by Optifuel, Ricardo, CAE
G-volution Emulation is cleaner, simpler better way to multi fuel How it works the engine control loop Throttle demand ECU Control Engine Feedback Throttle demand ECU Optimiser Engine Feedback Engine ECU inputs are not perturbed, no confusion of ECU s interpretation Engine ECU functionality fully retained including OBD II WWH closed loop emissions Full transient performance for dual fuelling REAL TIME system for dual fuelling
Optimiser methodology Standard diesel system Throttle pedal demand is translated into diesel injector control signals
Optimiser methodology Optimiser patented and unique multi-fuel system The Optimiser reads the original diesel fuel demand sent to the injectors Fuel demand is translated into equivalent diesel and secondary fuel doses by Kw Original fuel demand / torque output is retained albeit now from two fuels in parallel
Optimiser methodology engine control loop Engine ECU inputs are not perturbed no false inputs Actual engine operating point matches ECU s expectation of operating point Original ECU is master of the engine control loop Original ECU full functionality is retained Full transient performance is retained for multi-fuelling OBD II WWH functionality retained Closed loop emission control functionality retained No ECU confusion
Competitor methodology CAN based throttle amendment Diesel reduction is achieved by Sending a false lower throttle demand Original ECU thinks engine is at a Lower torque / power operating point Actually, engine is at a higher power / torque as secondary fuel is dosed (unknown) by secondary ECU Confusion of diesel ECU Incorrect throttle message to other systems
Competitor methodology CAN based throttle amendment
Competitor methodology ECU remapping ECU reprogramming Altering ECU maps by reprogramming. This means it is a new design and all safety/certification work will have to be repeated Permanent diesel underdosing by remap ECU unaware of secondary fuel dose torque calibration is incorrect Lengthy and expensive remapping process Diesel only operation may not be possible
Competitor methodology CAN based throttle amendment aftertreatment problems Determines adblue dose required into SCR catalyst Due to throttle pedal / torque demand (false input) amendment Denox unit with either look up the wrong NOx value or diesel ECU will message the wrong NOx value For E5 SCR is closed loop but there are limits to the adaptation Fault codes for significant variance in expected to actual NOx level and exhaust temperature - variation in values due to expected low load and actual condition of higher load
Optimiser Technology Overview Emulation, the clean, simple and better way to multi fuel! Emulating the primary fuel injector allows the original fuel demand to be mapped into individual demands for each fuel. This concept is patented by G-volution Master (ECU) slave (Optimiser) maintains original engine characteristics (power and torque) maintains original system integrity transparent ( a ghost system), does not affect On Board Diagnostics (OBD) no diesel ECU confusion no modification of engine settings apart from diesel injection pulse length Aftertreatment, gearbox, braking etc functionality fully retained
Regulatory Emissions standards by region
G-volution Engine Test Cell: Birmingham City University
G-volution Rolling Road: Mansfield, East Midlands
Developed over 7 years, run for 15 million miles, Patented
Competitive map Large engines marine - not common rail Wartzilla, MAN, Volvo, GE Heavy duty engines [15-50 litres] common rail GV, Westport, CAP Simple retrofit: many small US start-ups G-volution: * smart technology including emissions flexible business model immediate and cost effective route to market
Our Partners Leaders in technology, engine manufacture and distribution
G-volution team in Detroit
Heavy duty trucks in USA 200,000 pa. $2 BN market
Management team Chris Smith CEO Paul Ross Executive Chairman Simon Pickess Commercial Director Colin Gray Operations Director Scott Myers USA CEO/CTO Advisory Committee Professor Doug Greenhalgh, Chairman International Energy Association Christopher Maltin, Director Biomethane Ltd, Chairman Organic Power Pelham Hawker, ex-director Johnson Matthey Andrew Taylor, CEO Cape Advanced Engineering SA
Milestones USA Cummins engine EPA approval, Cummins D.OEM Genset, rail, marine & trucks markets EU MAN & MB/DAF trucks with Containerships Euro 6 approval for trucks using EU grant Asia China partnership South Korea OEM licensing Business model: direct sales (EU), franchise (SA) and license (USA and Asia)
Business Plan Enhance the team OEM technical development Unique emissions work and product development USA/China/S. Korea distribution & sales 2015 2016 2017 2018 Sales 1200 6000 18000 33000 EBITDA 225 1000 6900 12800
Summary and Conclusions A big opportunity to dual fuel transport Leading dual fuel technology. Patented & proven. Experienced team and good partners. Immediate routes to market as market leader. Multi source revenue stream & flexible business model.