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kreiselelectric.com STRICTLY CONFIDENTIAL kreiselelectric.com SOLUTIONS FOR AN ELECTRIFIED WORLD June 2020

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  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    kreiselelectric.com

    SOLUTIONS FOR ANELECTRIFIED WORLDJune 2020

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Research & development centerfor best talents

    2020 2.0 Nr.: 2

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    TimelineLeading battery technology provider

    Kreisel HQ opened in Rainbach, Upper AustriaKreisel sets a milestone by creating the infrastructure for future growth

    High-performance drivetrain for serial production, the SAY29E Runabout CarbonThe fastest e-Boat in the world

    Increased the capacity of the eGolf by 130% to 55.7 kWhKreisel eGolf offers more than twice the range of a standard eGolf

    2014 2015 2016 2017 2018

    Johann Kreisel

    Markus Kreisel

    Philipp Kreisel

    20

    14

    Formation of Kreisel Electric GmbH

    First electric car conversion by the Kreisel brothers

    20

    12

    Fully electric Mercedes G-Class and Hummer, Evex

    Porsche 910E Limited Kreisel Edition

    20

    15

    Opening of new test center in

    Rainbach

    2019

    Electric Porsche Panamera, Mercedes Sprinter and Skoda Yeti

    Won contract for technology partnership (licensing) with a leading tier 1 supplier

    Kreisel set the…

    …electric kart world record: 0–100 kph in 3.1 seconds

    17.11.2020 3

    Kreisel develops high performance drivetrain kit awarded as exclusive powertrain provider for the FIA World RX

    SOP of 2nd module generation based on 21700 cells

    2020

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Competences & technologies

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Engineering & simulation Software development Production & construction Testing & quality

    2020 2.0 Nr.: 5

    Focus on in-house research & development, validation and assembly

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Platform strategy as key business driver for growth due to short development cycles for customers

    2020 Nr.: 62.0

    Platform development

    Development of fully validated

    platform-architecture (according

    to automotive and other

    relevant standards) battery

    modules and strings

    Prototyping

    Fast time to market - customers can

    immediately start testing prototypes

    with the validated modules

    In-house manufacturing

    Low development cost at pack level due

    to validated modules according to

    standards

    LicensingKnow–how transfer of fully validated

    platform design and manufacturing

    technology (serial products according to

    standards)

    Platform

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL2020 2.0 Nr.: 7

    Projects & solutions

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Automotive Urban transportation Stationary Marine

    Wide variety of e-mobility projectsMultiple battery applications – mobile and stationary

    2020 Nr.: 82.0

    Motorsport

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Battery technology

    2020 2.0 Nr.: 10

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Patent protected architecture based on cylindrical cell

    2020

    2.0

    Nr.: 11

    4

    3

    2

    1 Cylindrical cells (21700)

    Electrical contacting spring with fuse

    Hollow block for direct liquid cooling

    Mechanical base plate

    1

    2

    3

    4

    Favourable cost at cell level

    State of the art processes lead to 2nd source ability of all parts

    Compact assembly

    Economic industrialization

    Serial and parallel flow on module & stack level

    Design to cost

    Cell Module PackStack

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Superior battery pack technology at competitive cost

    2020 2.0 Nr.: 12

    Design to cost

    Superior performance through best-in-class thermal management

    Improved safety due to unique propagation prevention features

    Modularity as a result of “Lego” principle

    Competitive prices due to clear focus on “design to cost”

    Design to cost

    Performance Safety

    Modularity

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    Benchmarks show KEs superior cooling efficiency and charging

    Cooling technology comparisonRequired thermal energy for cooling (per kWh nominal capacity)

    The heat produced by the battery cells of a Kreisel battery is directly transferred

    to the cooling fluid.

    The temperature difference between the fluid and the battery is up to 28% lower

    in Kreisel batteries compared to conventional liquid cooled batteries

    Vehicles equipped with Kreisel batteries have to use less energy and smaller

    radiators to release the heat to the environment.

    Side wall cooling

    → Increased jelly roll temperature

    Base plate cooling

    → Significantly increased temperature differences

    KREISEL immersion cooling

    → Best cooling performance

    2020 2.0 Nr.: 13

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    𝑪 − 𝑹𝒂𝒕𝒆:

    𝑪𝒖𝒓𝒓𝒆𝒏𝒕

    𝑪𝒂𝒑𝒂𝒄𝒊𝒕𝒚=

    𝟏𝟎𝟖𝑨

    𝟑𝑨𝒉 𝟏 𝑪𝒆𝒍𝒍

    = 𝟑𝟔𝑪

    2020 2.0

    • Test shows best-in-class cooling performance and lifetime compared to closest competitor

    • Cell-stress by extreme racing cycle up to 36C

    Nr.: 14

    Kreisel cooling would lead to energy savings compared to other cooling concepts (same temp. level)

    Side wall cooling derates after 400s if environ-mental temperature is ≥30°C (measurement)

    Racing profile & cooling effect on lifetimeCompetitive cooling benchmark with 21700 cell @ discharge 36C and charge 15C

    Test environment & cell performance

    Yokohama-S

    TiergartenAntoniusbuche

    Döttinger Höhe

    MeuspathNurburg

    Nordschleife

    Bilstein-Kurve

    Advan-BogenVeedol-Schikane

    Mercedes-Arena

    HatzenbachHocheichen

    Quiddelbacher Höhe

    Flugplatz

    Schwedenkreuz

    Aremberg

    Fuchsröhre

    Adenauer-Forst

    Kallenhard

    Metzgesfeld

    AdenauWehrseifen Ex-Muhle BergwerkKesselchen

    Klostertal

    Caracciola-KrussellHohe Acht

    Wippermann

    Eschbach

    Brunnchen

    PflanzgartenStefan-Bellof-S

    Schwalbenschwanz

    B257

    B258

    B257

    B412

    Nordschleife

    race-track

    21km

    8.3min

    89% SOH @ 4,114 cycles with Kreisel cooling vs. 86% SOH with side wall cooling

    4,114 cycles = 86,394 racing km @Nürburgring Nordschleife

    Hybrid test demonstrates the increased cell performance based on KE thermal mgt

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL2020 2.0 Nr.: 15

    • Long cycle life depends on

    − Correct cell

    − Optimized cooling strategy

    − Optimal BMS parametrization

    • Influence of temperature spread on cycle life

    − Higher module temperature caused by high currents will have minimum impact on cycle life if the exposure time is short

    − Avoid cells/modules having continuously different temperature than the average

    Delta T on cell level

    Delta T on pack

    level

    • KE cooling ensures homogeneous temperature within cells (ΔT 7°C @1C)

    • Significant influence of Delta T within cell on lifetime

    • Due to thermal conductivity significant higher efficiency of KE cooling

    Influences on battery life time

    Delta T @pack 1,4°C @1C charge @24 LPM flow rate

    Measured

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    CONFIDENTIAL2020 Nr.: 162.0

    Step charge method by using a 21700 5Ah cell

    Testing parameters

    Testing results

    Step charge method

    Max. 3C - rate charging power during step chargepattern

    1.3C- rate continuous discharge

    120 minutes cycle time (full charge & discharge)

    SOC 0% to 80% charge in

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL2020 2.0

    KEs technology has the safest system ratio in terms of energy density (volume and weight)

    Nr.: 17

    Heating wire test

    State of charge Cells Passed

    100% 21700 high energy cell with 250Wh/kg +

    Thermal runaway Propagation

    Temperature evaluation

    Module features

    Cell propagation protection Yes

    Single cell protection Yes

    Degassing channel Yes

    Non-combustible materials Yes

    Integrated module heat shield Yes

    Arisen toxins (without cell) No

    Highest safety standards confirmed by thermal runaway tests

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL2020 2.0

    3Ah 5Ah

    Hig

    h P

    erf

    orm

    an

    ce

    Hig

    h E

    ne

    rgy

    20 module configurations

    Research & Development

    Validation up to string level for platform Fast time to market Low engineering/investment cost

    Nr.: 19

    Variety of 21700

    cell formats

    36

    9 9 9 9

    18 18

    6 6 6 6 6 6

    12 12 12

    Modular battery technology ideal for multitude of e-mobility applications

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    CONFIDENTIAL

    Module/stack validation shows proof-of-porduct in all relevant focus topics

    Costs

    High heat capacity

    High thermal conductivity

    Global warming potential 10 years via Design Validation Plan

    Air- and creepagedistances, protection againstdirect contact of parts undervoltage, Single Cell Fuse (SCF),voltage measurement, HV stability

    Propagation tests (pass criteria: thermal runaway trigger cell only / no propagation)

    Liquid

    Battery Thermal Management System (BTMS)

    Cooling performance incl. lifetime

    Peak value in P3-Charging Index (0.72-0.8)

    Continuous load @ steady state conditions (25°C fluid / max. 35°C inside cell) per 36p-module a 0.52kWh @3l/min leads to cooling performance:

    • PHEV cell (4Ah, 15mΩ): 4.6C

    • BEV cell (4.8Ah, 22mΩ): 3.15C

    No cracks

    No flying parts

    No loosening of screws

    Shock/vibration/crush according to:

    • ISO19453-6 (new standard 2020)

    • ISO 62660-2 (worst case)

    ✓✓

    Propagation Test

    • According to:

    • RSV12-2016 - Norwegian Maritime Authority (Marine)

    • GTR20, ISO6469-1 AMD1, IEC TR 62660-4 (Automotive)

    • IEC 62619, UL9540 (Stationary)

    • Test conditions: Heating wire, 50°C, 100% SOC, no BMS, no circulation of fluid, mid cell, 24h observation

    • Risk in total*: 0.005ppm

    Criteria system tightness:

  • kreiselelectric.comSTRICTLY

    CONFIDENTIAL

    kreiselelectric.com

    SOLUTIONS FOR ANELECTRIFIED WORLD