Peter Scott

President
peter@currentmotor.com
734.355.8084
The Current Solution
Electric Scooters
No gas
No emissions
No worries
Affordable
 Honda Accord - $0.67 / mi
 Gas Scooter - $0.30 / mi

 Current Motor Company C1x - $0.15 / mi

Practical
Fun ! ! !
Our Products
Delivered 1st scooter in January
 How far up to 80 miles
 How fast up to 70 mph
 How Much $5,499 to $7,499
 Charge Time 3-6 hours

Moped available Q2 2010

 How Far up to 40 miles
 How Fast up to 42 mph
 How Much $3,995
 Charge Time 3-4 hours
Market Opportunity
U.S. scooter market
220,000 units / $880M (2008)

Potential future markets

Europe - 1.4M units in 2008
Rest of World
 China - 15M units
 India - 11M units

 Brazil - 1.4M units

Current Motor Bikes – Best in Class

Zero
Vectrix 


Brammo

Price

X-Treme

Sweet Spot

Performance (Range, Quality, Service)

 Go to Market Strategy
2009 2010 2011 2012 2013+
Sales
Units 0 100-150 ~500 ~1500 ~3,000
Dealers ~10 ~45 ~125 ~260

Distribution Channels
Internet Sales
Phase 1
Local Sales – Current Motor Dealership
Phase 2
Seed Dealer
Market

Grow Dealer Network

Phase 3 Fleet Sales
International Sales
Technology Strategy
Critical components designed in house
Battery Management System
Bike Control Unit
Best-in-Class “commodity” components
Future IP development
Hub motor design
Current Motor Team
Peter Scott, President, 20 years startup and engineering experience in
IT and manufacturing industries.
Erik Kauppi, Founder & Chief Engineer, 22 years startup, engineering
and electronic system experience.
John Harding, Founder, 19 years experience including electric scooter,
powertrain controls, and software design.
Shannon Wentworth, VP Sales & Mkt., 15 years marketing and brand
experience, most recently in LOHAS market.
Terry Richards, Director of Product Development , 30 years EV
experience.
Steve Calef, CFO, 30 years of experience ranging from startups to
Fortune 500 companies in several industries.
Financial Summary ($000s)
2009 2010 2011 2012 2013 2014
Nr. Dealers 6 41 121 256 406
Units Sold 0 103 509 1,472 2,957 5,252

Revenue 580 2,685 7,307 14,428 25,070

Gross Margin 41% 42% 40% 39% 39%

Op. Expenses 192 952 1,214 2,082 2,945 3,686
Oper. Income (192) (713) (85) 841 2,697 5,973

Assumes a $700K/2M raise in 1st or 2nd quarter of 2010/2011

These numbers do not include either fleet or international sales.
Use of Funds & Milestones
Seed Round of $700k A-Round of $2M
•Timing: Now
•Uses:
• Sales & Marketing
• Management team
• Product development & patents
• Inventory
•Milestones
• Establish dealer network in 6
large scooter markets
• Achieved by end of 2010
•Timing: 2011
•Uses:
• Sales & Marketing
• Continue product development &
patenting
• Inventory
•Milestones through 2014
• 400 productive dealers
• 10,000 + Cumulative units sold
• Cash Flow positive (2012)
Exit
Likely acquirer:
Mid-range Asian scooter manufacturer
High end European manufacturer
Thank You
No gas.

No emissions.

No worries.
Peter Scott
peter@currentmotor.com
734.355.8084