The document discusses a startup company called Inventev that is developing plug-in hybrid electric powertrains for medium-duty commercial trucks. Inventev sees an opportunity to electrify these trucks which have been less prioritized than other vehicle classes. Their system would allow trucks to operate for 30-50 miles on battery power alone or use the engine as a range extender. It would also enable mobile power generation at job sites to reduce idling and provide electricity during outages. Inventev believes their technology can save fleets over $8,000 in fuel costs compared to diesel trucks and provide a payback period of under 4 years.

1. Mobile Power Generation with Fuel Efficiency--
Changing the Future of Work Trucks & Job Sites
June 5, 2013
Dave Stenson
Founder and CEO
http://inventev.com
inventev
CALSTART Leadership Circle 05Jun2013

2.  Southeast Michigan based
 Extensive automotive backgrounds
 PHEV up-fit of new commercial trucks
 Out of the way of OEMs (e.g. CAFE, HD)
 “Forgotten middle,” Medium Duty (class 2B to 5/6)
 Less prioritized for electrification given “niche” nature
 Look to change the business model
inventev CALSTART Leadership Circle 05Jun2013
In Brief:
inventev

3. inventev CALSTART Leadership Circle 05Jun2013
A Startup Perspective
What we heard
What we knew

4.  EVs are “Yesterday’s News” for investors
 “Detroit?”…no margins in automotive
 “too capital intense”…”new transmission??”
 “Everyone’s failing in that space”
 “VCs have moved on to Big Data”
inventev CALSTART Leadership Circle 05Jun2013
A Startup Perspective
What we heard:

5. A Startup Perspective
What we knew:
 “Pockets of Passion”
 Trend is electrification over imported oil
 GHG, CO2, NOx, Particulates
 Energy security
 Pure Economics
 “Fuel” price differential is compelling
 Commercial fleets will probably be first
 Knowledge of total costs
 Longer retention for payback
 Corporate sustainability initiatives
inventev CALSTART Leadership Circle 05Jun2013

6. Problem: Fleet managers have unmet needs and rising costs
for daily work duty
Save Cost
- Prices Up
- 10-year truck
purchase
exposure to
chosen fuel
Do Work
- Job-site
power:
- A/C electric
- Hydraulic
- Anti-idling &
quiet hours
Be Green
- Sustainability
goals
- Lower diesel
emissions
- Energy
independence
Needs:
inventev CALSTART Leadership Circle 05Jun2013

7. …thousands of PHEV trucks ready to mobilize for outage relief
Imagine what super storm Sandy relief efforts could have used.
inventev
Imagine a fast, green power source deployment…
CALSTART Leadership Circle 05Jun2013

8. CALSTART Leadership Circle 05Jun2013
Li-Ion Battery
“Utility Grade” Export
Power (>100kw)
Inventev Integrated
Propulsion System
Base Engine
Electric-driven PTO
for Idle Reduction
inventev

9. Focused Market Opportunity
>6,000,000 725,000 100,000 400,000Annual
Vol.
6-84-52B-3Classes 1-2A
inventev
CAFE
Regulated
Traditional
Heavy Truck
OEMs
• Inventev has targeted the medium duty markets heavier than the
Corporate Average Fuel Economy (CAFE) regulated fleet.
• CAFE fleet is where high-volume OEMs have prioritized R&D.
inventev
Target
(future) (initial)
CALSTART Leadership Circle 05Jun2013

10. 2nd Stage
Assembly
Purchased OEM
Truck/ Chassis
(typically base
gasoline engine)
Transmission
Recycle (preference)
Final Body
Builder
Fleet CustomerInventev adds
PHEV Propulsion:
• Replaces Transmission
• Adds Battery
• Adds Controls
• Adds Export Power Interface
(option to sell
base trans
in aftermarket)
Inventev will not change familiar buying & support
processes for the customers
Commercial Flow: 2nd Stage Plug-in Hybrid Conversion
CALSTART Leadership Circle 05Jun2013

11. inventev CALSTART Leadership Circle 05Jun2013
A Startup Perspective
What we heard
What we knew
What we learned

12. What we Learned
 No new vehicle architecture; no new vehicle brand
 Not a new auto company…leverage industry resources
 Displacing diesels can add to value proposition ($8000+)
 Residual value of battery is important…need to solve!
 Leasing battery may be a key enabler for fleets
 Look primarily to strategic partners and projects, not to
Venture Capital (at least in early stages)
 Change the message:
inventev CALSTART Leadership Circle 05Jun2013
not… “another hybrid truck company”
rather… ”mobile power generation for disaster
response and anti-idling job sites”

13. Emerging Electric Utility Collaboration
for Inventev PHEV & Export Power Development
inventev
Others
CALSTART Leadership Circle 05Jun2013

14. Result
 Value proposition for payback under 4 years
 Core technology for diesel displacement for select duty
cycles
 Focused on classes 4-6 initially, utility-grade export
power, job-site idle reduction
 Recognition of great team to execute, still to be
supplemented once funded
 Core collaborations under development…could link to
strategic investments
inventev CALSTART Leadership Circle 05Jun2013

15. Contact: http://inventev.com
Dave Stenson, Founder and CEO
dstenson@inventev.com
+1.248.340.3063
inventev
Additional information is available
for potential commercial partners.
CALSTART Leadership Circle 05Jun2013

16. Supplemental Slides
inventev CALSTART Leadership Circle 05Jun2013

17. inventev Solution
 New and unique transmission architecture as core to Gen 2 system;
up-fit as part of new truck delivery
 Enables BOTH fuel savings AND new features eclipsing existing
technologies:
 Micro-grid or job-site power export for outages or maintenance
 Electric driven hydraulics avoiding idling for buckets, etc.
 30-50 miles all-electric range, then range-extended with engine
 Perfect for fixed-route stop/go delivery or service vehicles
motor/gen #1
integrated transmission
motor/gen #2
gasoline
engine
inventev CALSTART Leadership Circle 05Jun2013

18. Integrated e-Power Take Off
(ePTO)
- Job-site idle avoidance for select
applications
- Quiet battery-based operation
extends work schedules
- Engine available for extended
duty
pump
Export A/C Power
- Two generators: higher outputs
- Emergency outage generation
- Utility preventive maintenance
- Potential military/homeland
security uses
- Other lower-level outputs for
power tools at truck-side
Job-site Use
Torque for Peak Load
- All devices ADD torque
during peak driving needs
- Other modes: EV & HEV
- Displace many diesels
(save over $8000)
gasoline
engine
motor/gen #1
motor/gen #2
Peak Driving
battery
pack
CALSTART Leadership Circle 05Jun2013

19. CALSTART Leadership Circle 05Jun2013