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ZapGoCharger SIGNED

Rapid charging of cordless appliances using graphene-based supercapacitors

Total Cost €

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EC-Contrib. €

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Partnership

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 ZapGoCharger project word cloud

Explore the words cloud of the ZapGoCharger project. It provides you a very rough idea of what is the project "ZapGoCharger" about.

vacuum    2015    sustainable    graphene    initially    trials    supplier    appliance    margin    electric    global    units    trial    conduct    handle    batteries    invest    electronics    supercapacitors    200    crowdfunding    investors    outsourced    contrast    2m    decker    cleaners    contract    solution    core    raised    line    enter    appliances    market    scientists    exclusively    dominant    manufacturer    pilot    hilti    nano    feasibility    2016    carbon    licensed    round    modules    vehicles    expects    joint    breakeven    customer    charging    least    supercapacitor    ip    revenues    drills    selling    rechargeable    seed    self    gross    consumers    zap    cells    stanley    integrating    oem    reached    2023    flat    shown    black    ion    safe    risk    house    passenger    entering    autonomous    signed    tools    pouch    cordless    7m    eur30    licensing    2020    fire    minutes    150m    volume    oxford    lithium    advantage    agreements    proven    pouches    expanding    competitive    university    charge    campaign    power    fast    transportation    scooters    patent    secure    private    portfolio    eur    hit    materials    forecast    partly    markets    90    willingness    visited   

Project "ZapGoCharger" data sheet

The following table provides information about the project.

Coordinator
ZAPGO LTD 

Organization address
address: 125 LONDON WALL
city: LONDON
postcode: EC2Y 5AL
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Project website http://www.zapgo.com
 Total cost 2˙043˙631 €
 EC max contribution 1˙430˙541 € (70%)
 Programme 1. H2020-EU.2.1.5. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing)
2. H2020-EU.2.1.3. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials)
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
4. H2020-EU.2.1.2. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2017
 Duration (year-month-day) from 2017-02-01   to  2019-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ZAPGO LTD UK (LONDON) coordinator 1˙430˙541.00

Map

 Project objective

Zap&Go has developed a fast charging solution to appliances, devices and vehicles. In contrast to Lithium-ion batteries, the dominant solution in these markets today, Zap&Go’s supercapacitors charge in 5 minutes or less and are proven to be safe to handle without fire risk. Zap&Go has raised 2m EUR in seed funding in 2015 and a ~7m EUR Round A in 2016 from private investors to invest in its pilot production line.

The IP was partly developed at Oxford University, exclusively licensed to Zap&Go and is now being advanced by in-house scientists. Zap&Go is expanding its patent portfolio to secure a sustainable competitive advantage in the markets it is addressing. Core to the technology is the use of carbon nano-materials, including graphene that allow the design of rechargeable pouches or flat cells.

In this Phase II project Zap&Go will develop 1) supercapacitor power modules and electronics specifically integrating with cordless tools such as cordless vacuum cleaners and power drills and 2) build trial units to conduct customer trials. At the end of the project Zap&Go expects to have at least one pre-contract signed with a European high volume manufacturer. In Phase III, Zap&Go will aim to become the leading supplier to the cordless appliance market before entering other global markets such as electric scooters and autonomous passenger transportation vehicles.

In its self-funded Phase I feasibility study Zap&Go established consumers’ willingness via a crowdfunding campaign, pre-selling 1,200 units. Major OEM’s like Stanley Black&Decker and Hilti have visited Zap&Go and shown interest in joint development agreements during Phase II. Zap&Go expects to enter the market at EUR30-40 per pouch at a gross margin of over 90%. Initially pouches will be produced in the in-house pilot production unit before production is outsourced under licensing agreements. Revenues are forecast to hit 150m EUR by 2023. Breakeven will be reached in 2020.

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The information about "ZAPGOCHARGER" are provided by the European Opendata Portal: CORDIS opendata.

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