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  

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


      
      
        
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                                           
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 
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
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                                                       

 
 




                                              

                                                                             2008
                                                  2005                       Enhanced power
1995 – 2000                                       Delivered first diesel     electronics with                                                             2010
Developed hybrid-electric                         hybrids for Chicago        development of                                                               Ship first fuel
drive systems for                                 Transit Authority          inductor, voltage            2009                                            cell hybrids to
prototype vehicles                                                           protection                   Shipped first                                   Transport for
                                                                             management and               high-powered                                    London
                                                                             DC:DC converter              lithium-ion
                      2001                                                                                ESS
                      Achieved first                   2007                               2009                        2009
                      CARB certified                   Delivered gas                      Delivered 30ft              Began deliveries
                      heavy-duty                       hybrids for LA                     gas hybrids for             of fuel cell hybrids
                      hybrid system                    Metro                              Santa Monica                to BC Transit




 2000                                  2005                                                                             2010


                                                                                   2009
                                                                                   Delivered 3                                                2010
                               2004                       2008
                                                                                   hybrid refuse      2009                                    Listed on
            2001               Delivered first            Delivered 62ft
                                                                                   trucks to New      Signed ESS                              TSX as
            Developed first    gasoline hybrids           articulated
                                                                                   York               supply agreements                       “ISE”
            demonstration                                 diesel hybrids
                               for Long Beach
            hybrid bus                                    for Las Vegas    2008                       with Asian OEMs
                               Transit
                                                          Transit          Secured                                                 2010
                                                                           Montebello                                              Receive EPA
                                                                           Consortium                                              certification for
                                                                           contract for 150                                        2010 standards
                                                                           hybrid buses



                      
                      




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                                 
                 
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  
                                                                                    
                                                   
                                                                 
  
                                    Fu
                                                       el
                                                          co
                                                            ns
                                  um
                                                                  pti
                                                                                  
                                                                     on
                                               ,E
                                                                         mi
                                                         ss
                                                                              ion
                                                                                                  
                                                                                 s,
                                                                                    CO
                                                                                      2



                                                                   




          

                                                               



                                                               

                                        

                   

                                                      
                                                              
                                                             
                                                           

                                          

                                                    

                                          

                      


 

                                           
 

                  
                  
       
                      
        

        

        

        

        

        

        
                   

                     


              


  
 
                                           
 








                      -      -   
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     

             -     -
                      -          - 




                                                                                      
                                                                                     
                                                                                     




                                      


     
     
                                                                  



                         

                        250                                                                                237.2
                                                                                                                    
                                                                                                   204.4             
                        200                                                                                          
                                                                                           169.3                     
Units Produced (000s)




                                                                          5%                                         
                        150                                            R:6         139.8                             
                                                                  C AG
                                                             5E
                                                         2 01              100.5                                    
                        100                         6–                                                               
                                                 200
                                                                                                                     
                                                                    57.1
                                                                                                                     
                         50
                                                                                                                     
                                                         23.9
                                                15.2                                                                 
                                2.6     6.5
                         0
                                2006    2007    2008     2009E     2010E   2011E   2012E   2013E   2014E   2015E



         Source: Frost and Sullivan Report




                               

                                                                                                  



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  • 2.    
  • 3.                 
  • 4.                        
  • 5.  2008 2005 Enhanced power 1995 – 2000 Delivered first diesel electronics with 2010 Developed hybrid-electric hybrids for Chicago development of Ship first fuel drive systems for Transit Authority inductor, voltage 2009 cell hybrids to prototype vehicles protection Shipped first Transport for management and high-powered London DC:DC converter lithium-ion 2001 ESS Achieved first 2007 2009 2009 CARB certified Delivered gas Delivered 30ft Began deliveries heavy-duty hybrids for LA gas hybrids for of fuel cell hybrids hybrid system Metro Santa Monica to BC Transit 2000 2005 2010 2009 Delivered 3 2010 2004 2008 hybrid refuse 2009 Listed on 2001 Delivered first Delivered 62ft trucks to New Signed ESS TSX as Developed first gasoline hybrids articulated York supply agreements “ISE” demonstration diesel hybrids for Long Beach hybrid bus for Las Vegas 2008 with Asian OEMs Transit Transit Secured 2010 Montebello Receive EPA Consortium certification for contract for 150 2010 standards hybrid buses   
  • 6.                     Fu el co ns   um pti  on  ,E mi   ss ion  s, CO 2    
  • 7.                                      
  • 8.                            
  • 10.    -  -         -  -   -   -          
  • 11.   250 237.2   204.4  200  169.3  Units Produced (000s) 5%  150 R:6 139.8  C AG 5E 2 01 100.5   100 6–  200  57.1  50  23.9 15.2  2.6 6.5 0 2006 2007 2008 2009E 2010E 2011E 2012E 2013E 2014E 2015E Source: Frost and Sullivan Report   