In a modern world driven by speed and innovation today, our time is more precious than ever before. And when it comes to charging your EV, every minute counts!

Unfortunately . . .

Public EV Charging SUCKS!!!

This Industry is yet to be disrupted!

Extended
Wait Time
Prolonged
Charging Time
Unsheltered

“Charging Anxiety” Continues To Be The Stumbling Block

EV can never become mainstream if public charging infrastructure is NOT meeting drivers’ expectation, both in terms of charging speed and accessibility.

  • Only 9.4% of public chargers in the U.S. are rated 350kW DC Fast Chargers (DCFC).

 

  • To make matter worst, none of these DCFCs actually deliver up to the rated specs.
  • Only 9.4% of public chargers in the U.S. are rated 350kW DC Fast Chargers (DCFC).  

 

  • To make matter worst, none of these DCFCs actually deliver up to the rated specs.

Existing DC Fast Charge (DCFC) Station Design

Results

  • Unable to meet EV’s power demand due to medium voltage (MV) transformer and load sharing.
  • Real-world charging speed delivered is often at ~50% or less of the charger’s specs.
  • No control over extremely costly Time-of-Use (TOU) utility rate and excessive demand charge.

Problems*

  • Draws power directly from the grid as and when EV connects, throughout the day.
  • Grid power distribution is never consistent throughout the day and often not meeting the desired power requirements from multiple high-speed charging.
  • Oversized transformer needed to meet tremendous current draw for simultaneous high-speed charging.
  • Cost for power varies and is often at highest rate during peak charging hours.
  • AC to DC conversion results in conversion loss.

*Grid, utility limits and cost are the biggest barrier to commercial EV charge deployment according to 75% of the respondents surveyed by Endeavor Business Intelligence and Xendee survey released on 6/13/2024

Existing DC Fast Charge (DCFC) Station Design

Problems*

  • Draws power directly from the grid as and when EV connects, throughout the day.
  • Grid power distribution is never consistent throughout the day and often not meeting the desired power requirements from multiple high-speed charging.
  • Oversized transformer needed to meet tremendous current draw for simultaneous high-speed charging.
  • Cost for power varies and is often at highest rate during peak charging hours.
  • AC to DC conversion results in conversion loss.

Results

  • Unable to meet EV’s power demand due to medium voltage (MV) transformer and load sharing.
  • Real-world charging speed delivered is often at ~50% or less of the charger’s specs.
  • No control over extremely costly Time-of-Use (TOU) utility rate and excessive demand charge.

*Grid, utility limits and cost are the biggest barrier to commercial EV charge deployment according to 75% of the respondents surveyed by Endeavor Business Intelligence and Xendee survey released on 6/13/2024

Prolonged Charging Time Leads To Further Problems

A Game-changing Solution Poised to Disrupt the EV Charging Infrastructure Market

  • 2X faster charging speed than existing DCFC networks.
  • Truly green energy source
  • 10% to 80% (~200 miles) charged in as little as 10 mins*
Power Grid
  • Utilized only when needed
  • Used to recharge battery overnight at the
    lowest cost and avoiding demand charge
Energy Storage

*Subject to individual EV model’s peak charging capacity – see Appendices upon request

A Game-changing Solution Poised to Disrupt the EV Charging Infrastructure Market

  • 2X faster charging speed than existing DCFC networks.
  • Truly green energy source
  • 10% to 80% (~200 miles) charged in as little as 10 mins*

How It Works?

High Voltage High Current Charging Platform

  • Supports 200-950V at 500A DC -> DC
    charging speed up tp 360kW
  • Liquid-cooing system instead of Air-cooling
    System
Up to 6 kWh per minute power output –> charges selected EVs (70 kWh battery) from 10 to 80% (~200 miles) in ~10 minutes.
Lower operating cost than competitors due to selfgenerated solar power source and energy arbitrage strategy.

Fully DC-coupled (Quasi Microgrid) Edison XFC Station

Why Now?

38% of US Consumers Surveyed* Intend to Buy an EV As Their Next Vehicle, if the Following Expectations Are Met

Drivers Expectations

350-mile
driving range
(Getting closer)

Price of
$50,000
(Fulfilled)

Greater variety of
EV offerings
(Fulfilled)
20-minute
charging times
(Biggest stumbling block)
30-minute detour and
wait times for fast-
charging stations
(Not met yet)

Edison XFC is ready to plug the gap by developing an ubiquitous and Extreme fast-charging network similar to the existing gasoline stations network.

Competitive Landscape in U.S.

Charger Rated Spec
Typical Charging Speed

250kW

120kW
62.5kW
50kW
175kW

100kW

350kW

150kW

360kW

> 300kW**

Time required to charge most EVs from 10 – 80% or 50 kWh.

Tesla V3 Supercharger (250kW)
25 mins+
ChargePoint (62.5kW)
60 mins+
EVgo (175kW)
30 mins+
Electrify America HyperCharger (350kW)
20 mins+
Edison XFC
10 mins+
*50 kWh (capacity equates to about 150 – 200 miles) based on average 70kWh battery for most EVs.
**Subject to individual EV’s battery architecture – currently at maximum 350kW for selected models like Lucid Air, 2024 Chevy Silverado, Hyundai Ioniq 5, Kia EV6 & etc.
Source: Public Filings, Company Information, MyEV

Competitive Advantage

Cost Competitiveness

  • Fixed electricity cost from solar array compared to average 5% annual increase in utility rate
  • Significantly lower cost per kWh from the grid due to peak-shaving and energy arbitrage strategy
  • Ability to maintain higher gross margin

Superior Charging Speed

  • Over 50X faster than home installed Level 2 charger
  • 2-5X faster than most competitors’ DCFC including Tesla’s V3 Supercharger

Higher EV Turnover due to XFC

  • Equates to higher utilization rate and higher revenue
  • Lesser or no waiting time leading to better charging experience, no traffic congestion at the station and greater customers’ satisfaction.

Stable Power Source & First Mover Advantage

  • Uninterrupted peak power supply independent from the grid
  • Stable power output ensuring optimized charging speed

Total Addressable Market

  • The Global EV Charging Infrastructure (EVCI) market size is expected to grow from $25.56B in 2022 to $344.61 by 2032 at a CAGR of ~31%
  • The U.S. market size alone was at $2.06B in 2021 and expected to hit $11.32B by 2027

Traction

01.

DC-coupled XFC Charger Developed & UL Certified

02.

BESS & Related Hardware Delivered

03.

Open Charge Point Protocol (OCPP) Software Developed

04.

Two Patents-pending

  • Fully Integrated Microgrid Enabled XFC system and Associated Methods.
  • Intelligent Processing Control for Energy Arbitrage for Economical Operation of XFC systems.
05.

Developing Energy Management Systems (EMS)

  • AI-driven predictive modeling focusing on cost-optimization of High Voltage (HV) Array.
06.

Pilot Station Work In Progress & Flagship Station in Planning Stage

  • 4300 W. Tropicana Ave in Las Vegas, Nevada.
  • 26-acres land at Harvard Rd (Exit 206) along I-15 between Las Vegas and Los Angeles.

Pilot Station at 4300 W. Tropicana Ave. in Las Vegas

  • 4 x charging spots (expandable to 10 spots)
  • In the heart of Las Vegas and ~5 minutes drive from the famous Las Vegas Strip
  • 0.9 miles from the Freeway I-15
  • Adjacent to The Orleans Hotel & Casino
  • To be completed by June 2025
  • 24H Convenience Store

Scalable and Profitable Business Model

Integrated PV, BESS & XFC platform supported by intelligent EMS enables peak-shaving and energy arbitrage strategy to maximize profitability.
Scalable through franchising model providing turnkey EPC solution and ongoing management services to property owners (investors).
Other revenues from carbon credit, rental of convenience store and F&B outlets at the charging stations and Ad revenue from charging stations’ billboard and charger’s touch screen.

Roadmap (Includes SEED and Follow-on Funding)

To deploy up to 250 XFC stations (~2,000 chargers) in California, Southern Nevada and Arizona by 2030 to usher in a new era of full electrification, rivaling the conventional ICE vehicle and gas station network!
TEAM

Our People Behind the Innovation

SEE MORE
  • Chairman, President and CEO of Anixa Biosciences Inc (NASDAQ: ANIX).
  • President and CEO of Geo Fossil Fuels Inc, a privately held energy company (DEC 2010 – JUN 2015).
  • President and CEO of CombiMatrix Corporation (NASDAQ: CBMX) (SEP 2001 – JUN 2010).
  • Vice President of Acacia Research Corp (NASDAQ: ACTG) (FEB 2000 – SEP 2001).
  • Founding President and CEO of Signature Bio Sciences, Inc., a life science company (JAN 1999 – FEB 2000).
  • Entrepreneur in Residence with VC firm, Oak Investment Partners (JAN 1998 – DEC 1999).
  • Senior Manager at IDEXX Laboratories, Inc (NASDAQ: IDXX) (OCT 1996 – JAN 1998).
  • Head of Research & Development for Idetek Corporation, which was later acquired by IDXX (OCT 1993 – SEP 1996).
  • Post-doctoral fellowship at Harvard University in 1991-1993.
  • Ph.D. in Chemistry from Caltech in 1991 after joint studies at Stanford University and Caltech.
  • B.S. Degree with Honors in chemistry from Occidental College.
  • Author and co-author of over 40 peer-reviewed publications and holds multiple patents.
  • Significant leadership experience as well as experience in photovoltaic and battery research.
  • President and CEO of Ascent Solar Technologies, Inc. (NASDAQ: ASTI), an award-winning flexible and ultra-lightweight thin- film PV developer whose product was selected by NASA for the MISSE-X on the International Space Station (FEB 2012 – SEP 2022).
  • Co-CEO of CNMC Goldmine Holdings Ltd where he successfully led CNMC to be the first goldmining company to be publicly listed on the Singapore Stock Exchange (SGX: 5TP.SI) (MAR 2009 – OCT 2010).
  • Executive Director and Head of Singapore & Malaysia Market, Morgan Stanley Asia (OCT 2007 – JAN 2009).
  • Managing Director and Singapore Country Head – Private Wealth Management, Deutsche Bank AG (SEP 1999 – OCT 2007).
  • Vice President, Citibank N.A. Singapore (APR 1993 – SEP 1999).
  • Master of Science Degree in Wealth Management from the Singapore Management University.
  • Bachelor of Business Administration Degree in Accounting from the University of Wisconsin, Madison.
  • Founding member and Chief Technology Officer of Ascent Solar Technologies, Inc. (NASDAQ : ASTI) (OCT 2005 – OCT 2023).
  • Manager of a technology incubator, ITN Energy’ s Advanced Photovoltaic Division and led its advancement in to thin -film CIGS flexible Photovoltaic products from 1995 until 2005.
  • Manager of Photovoltaic research projects – Martin Marietta Corporation (now Lockheed Martin) (1985 – 1995).
  • Named inventor on 18 U.S. patents in areas including shape memory alloys, thin -film PV technology and electronic circuit assembly .
  • Member of the board for the Colorado Cleantech Industry Association (CCIA). Previously served as a member of the Advisory Board for the State of Colorado Center for Revolutionary Solar Photo conversion (CRSP) and was the Chair of the Steering Committee, as well as Chairman of the Board of Directors of the Colorado Advanced Materials Institute.
  • Martin Marietta Inventors Award and Author’s Awards in 1990, 1991 and 1993.
  • Ph.D. in Solid State Physics from the University of Denver.
  • Bachelor of Science Degree and Master of Science Degree in Physics from Lewis University in Illinois.
  • Adaptive finance and accounting leader experienced with private and public company operations and financial reporting requirements.
  • Organizational change agent – collaborate across other disciplines to modernize and streamline processes.
  • Chief Accounting Officer for HF Foods Group, Inc. (NASDAQ: HFFG) (2019 – 2023)
  • Chief Financial Officer for B&R Global Holdings, Inc., a privately held leading Asian food distribution company with multi-state operations (2016 – 2019)
  • Senior manager for Lucas, Horsfall, Murphy & Pindroh, LLP (LHMP), leading the audit practice for middle market private companies (2004 – 2016)
  • Bachelor degree in Accounting from Rochester Institute of Technology.
  • Former Senior Service Executive with the U.S. Defense Department (DOD) and former Director of Defense Energy.
  • Over 48 years of global logistics experience in every major supply chain to include reverse logistics.
  • Prior to his retirement in 2010, Mr. Huntley served as Director of the Department of Logistic Agency (DLA) Energy and was
    the principle executive officer in charge of Worldwide DOD and Federal Agencies energy needs, with an annual budget of
    over $25B.
  • Served in the U.S. Navy/Vietnam Veteran before serving over 33 more years in the Defense Logistics Agency in Germany, and at HQs in Ft Belvoir, VA in positions of increasing responsibility to include Deputy Commander DLA Europe, Chief of DLA
    Customer Support, Deputy Commander DLA land and Maritime and DLA Aviation Supply Chains.
  • Appointed to Senior Executive Service in 2006.
  • Currently serves as the Advisory Board member for EBREX International, the GTS Group, and The Martin Group.
  • Principal Consultant for Deep Water Point, and Senior Advisor for Parts Life Inc/ DeVal Life Cycle Support.
  • B.A. in Economics from Golden Gate University in San Francisco.
  • A prominent business and political leader in the Silicon Valley.
  • Technology Ambassador for United Nations Association of Orange County.
  • CEO of DCLC International Group, Managing Director for Silicon Valley Venture Capital Roundtable and one of the Agency Owners for Farmers Insurance Group.
  • Served as the Vice Chairman for the California Republican Party from 2019 – 2023.
  • In addition to his political involvement, Peter also served as the Chapter President for both Rotary Club and Lions Club.
  • Bachelor’s Degree from San Jose State University in 1991– Majored in Aviation Operations and minored in Business Management.

Investment Highlights Summary

Groundbreaking XFC
Technology
Rapidly Growing EV
Adoption Rate
XFC to Further Propel
EV Adoption
Tremendous Market Size
First Go-to-Market XFC Developer
Strong Support from Federal & State Government
Attractive Tax Credit Incentive
Capital Efficient & Scalable
Business Model
Experienced Management &
Technical Team

Cost Advantage –>
Significantly Higher Gross
Margin

Invest Now