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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.

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

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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