Russian Startup Tour 2014. April, 24. Astrakhan. Participant: E-Trike.

1. e-Trike
New degree of urban mobility
Konstantin Artemyev
Astrakhan, 2013

2. First bi-modal personal vehicle
e-Trike – ultra-light transforming electric car that
allows to move around modern megalopolis
regardless of traffic and parking issues.
Unlike Segway our product gives consumer the degree
of comfort and safety like in full-sized car.

3. Problems
 Traffic jams
 Lack of parking space
 High gas prices
 Bad ecology
Conventional solutions look like these:
VS.

4. Our solution
FoldedUnfolded
• Common roads
• Speed up to 90 kmph
• Great aerodynamics and
stability
• Sidewalks and other
urban off-roads
• Speed up to 10 kmph
• Easily overcomes
borders, kerbs, steps, etc.
5 seconds

5. Two patents (Russian Federation)
One patent pending
One international PCT application
Our technology
• Hydroelectric transforming system
• Adaptive joystick control
• «Gadget on wheels»

6. Monetization
B2C B2B
Small series price: $14k – $8k
• Young active people
• Businessmen of
middle age
• Tourism and recreaction
• Car rental (i.e. ZipCar)

7. Market
Proven by Segway
Competitor’s estimate
(LitMotors)
• Cities of Europe and USA
Milan, Paris, Moscow, Berlin…
• Resorts
*http://www.pikeresearch.com/research/electric-vehicle-market-forecasts
Market grows by 39% each
year from 2012 till 2020*

8. Competition
16 competitors, our superiority by at least
4 parameters for each

9. Financial forecast
Year Sold,
units
Price of 1
unit, $k
Gross
revenue, $k
Operational
profitability
Operational net
revenue, $k
1 60 14 840 35% 294
2 2400 10 24000 38% 9120
3 12000 8 96000 40% 38400
Profitability growth while price decreases is due to raise
of technological effectiveness and production scale

10. 1. Product is ready
2. Investment: seed $150k of
internal sourcing, $1,5M round A
3. Press about us
Sales
Manufacture
Certification
Prototype
Project
Idea
Present status

11. 1. Winner of Skolkovo Startup Village
(1st place among 2000+ projects)
2. 2nd place in EcoSummit Award in Berlin
3. Starred in St. Petersburg
International Economic Forum
4. Starred in Open Innovations
Forum in Moscow
5. $1,5M Round A investment secured
6. 20+ TV coverages, 50+ publications so far
Latest achievements
May 2013
June 2013
June 2013
November 2013

12. Team experience
Konstantin Artemyev – serial founder, 8 years of
international sales, programmer, engineer
Idea R&D Production Six sales
2012

13. New name of eTrike: Bravo eGo

14. Opportunities
Konstantin Artemyev
Tel: +7 (903) 347-44-76
manager@bravomotors.ru
www.BravoMotors.ru
Astrakhan, Russia
Breakeven point: 6 months
200+ employees when production and sales reach 1000 units
per month
Possible use of existing production facilities
Needed: 600 pre-orders to confirm market potential, future
sales and success of business