Photo - NSL
46997

NSL

Ultra Battery

Malaysia
Market: Logistics and warehouses, Transport
Stage of the project: Operating business

Date of last change: 18.05.2020
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Idea

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

Team or Management

Risks

Other possible Battery technology

Incubation/Acceleration programs accomplishment

Has been used by major multinationals at major ports for over 7 years as proven life expectancy of 8.5 years or more

Won the competition and other awards

No

Invention/Patent

All IP registered in the PRC

Photos

Photo 1 - Ultra Battery
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video