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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.

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

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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