Cut fossil fuel and global emission by 70%+ on heavy industries
Reduction of infrastructure cost of the transportation industries by 40%
Current Status
With a pilot factory but looking to move into mass production
Market
Ports/heavy transportation/light rail industries
Problem or Opportunity
Need investment to scale up production to meet the demand and also under discussion of licensing the technology on different sector of the markets
Solution (product or service)
Reduction on fossil fuel and emission to meet euro 6 standard and is the only power battery system for the heavy industries which can be fast charge and discharge within 2 minutes
Competitors
Siemen/Sumitomo on Hybrid RTG and leading lithium ion battery producers around the world
Advantages or differentiators
The only fully recyclable battery for the heavy industries and fast charging and discharging within 2 minutes and life expectancy of no less then 8.5 years
Finance
None at the moment
Business model
With investment fund commence major production facilities in Malaysia initial target the ports on RTG Prime Mover then expand onto transport industries and start with 1 production line and increase to 14 production lines within 3 years using internal generated resources
Money will be spent on
65% on equipments 35% on working capital
Offer for investor
20% enlarged equity with an independent valuation of no less then USD 20 million