Positioning of iAuto in the market
Value Proposition
Affordable vehicle at <$40K USD
Significant value proposition given range, technology and safety
Direct-To-Consumer Potential
Focus on end customer
Ongoing replacement of internal combustion vehicles by EVs at accelerating rates
Global demand expected to reach 32.1 million EVs by 2030
Total addressable market to reach $1,730 B by 2030 with CAGR projected to reach 20.7% until 2030
B2B Potential
Focus on indirect sales approach
Focus on large fleet owners including taxi companies, mobility platforms and car rental companies
Partnerships with local governments to supply vehicles to veterans providing mobility services
Proven Battery Technology Delivers High Power and Capacity
Our battery technology has been commercially proven with over 20 customer engagements across industries. Our Silicon Carbon Nanocomposite battery solution offers the best combination of energy capacity, efficiency and life cycle management
Our Technology:
High Energy Nano-Silicon Anode Materials for higher energy capacity and lower manufacturing costs
Non-flammable, ultrasolid electrolyte technology improving safety at equal energy density and output stability
iAuto Group can produce large cell formats (48Ah and 60Ah) with density of 250Wh/kg and a battery offering of 2,600 charging cycles compared to the 1,000-1,500 cycles in most batteries available on the market today
iAuto Group will export Middle East produced vehicles to the rest of the world
The Middle East serves as our central hub from where we reach our customers worldwide
Planning for iAuto Production Plant
EV production campus in the MENA Region
Annual production capacity of 150,000 vehicles
Campus includes stamping, welding, painting, final assembly, battery manufacturing and quality control areas
Key metrics
Building area: 26 0,000 ㎡
Factory employees: 1,800