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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.

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

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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