Question 1

When will you be introducing the traction motors and what will the costs be?

Accepted Answer

Josh: We’ll be able to introduce the 13” dia./125 peak hp, water-cooled motor in 8 months. It has already been developed and tested… most of the time will be waiting for parts (PMs) from China. A big India manufacturer wants to test an air-cooled 13” traction motor that will put out 60 peak hp. We expect to ship them a test unit in 10 months. We plan to introduce a bigger water-cooled 18”/500 peak hp (we have a bus manufacturer that is interested in testing it) in 12 months. Engineering costs...

Question 2

Hello, is there any published info on the results of your independent testing?

Accepted Answer

Yes. Go to bottom of this site to the download section and download the file ZEUS WF Appendix.pdf. Page 17 has Advanced Energy’s test result. AE is an independent lab in Raleigh NC. It shows an efficiency map for the ZEUS motor, a map for a Premium induction motor, and then a third map which is the difference between the two. This shows that the ZEUS motor is 18% to 20% more efficient at full load/slow speed, and 5.5% more efficient at full load/rated speed (1800 rpm).

Question 3

Can you explain what this really means? This seems like you sold yourself to your larger self? "ZEUS Motor business has been sold to Zero E’s motor commercialization subsidiary, ZEUS Motor, Inc., for $216 million in its Common shares."

Accepted Answer

The statements you quoted are correct. The parent, Zero E, developed the motor at a cost of about $10 million. We then decided that the cleanest way to commercialize the motor was to set up a dedicated subsidiary, ZEUS Motor, Inc to do this. So we transferred all the motor assets to this subsidiary and it is this entity that is raising the money. We probably need to clean the verbiage to make it more understandable.

Question 4

Hello Mr. Hollis Hopkins, thank you answering my question. The results of the Advanced Energy tests are impressive. I am most impressed by the reduced weight & volume of Zeus motors. When I asked about published info, I meant articles in independent industry journals. Is t...

Accepted Answer

John, No articles have been published in outside publications. We have not pursued that avenue as yet as we thought it premature as we already have more market interest than we can handle. We have requests from OEMs to send them motors that they can test for inclusion in their own products and we'll be building a lot of demo motors to do this ( significant use of the funds we are raising). We're laying low until we can handle these requests for demos. Advanced Energy that did the motor testin...

Question 5

Hello Thomas, I see you have answered most questions quite brilliantly. However I would love to discuss further, first having a more detailed look at your financials including projections especially for the industry you're in and also about alternative funding opportunities av...

Accepted Answer

Richard, nice to meet you. I’ll contact you directly. I’m keen on crowdfunding as it gives lots of people a chance to get in early before the company experiences big growth and a fast rise in share value.

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