Demand for electrification in Brazil;

• High cost of fuel and combustion cars maintenance;
• Demand for reduction of gee emissions from the market and governments;
• High price of new electric vehicles;
• 44 million circulating fleet that will be left behind;
• average age of 11 years of vehicles in Brazil;
• Absence of national solutions and technologies for electrification;

Conversion of combustion vehicles to electric vehicles:

• Power sizing and autonomy for different use profiles; -Self development of the electrification kit (integrating market products with in-house products, such as swap-e battery pack)
• Industrialization of conversion with assembly line;
• Cars connected with data available to be used (and/or marketed) by fleet owners.

With other conversion companies:

• Own development of technology;
• Experience in the electrification market; With automakers and other initiatives:
• Cost of conversion less than 50% of the value of a new electric vehicle;
• Use of the current fleet already depreciated;
• Early Payback according to use;