Objective
Silex’s goal with the project is to increase its turnover, profit and size by innovation, in order to become a medium size
enterprise. During the project an 8,5 -9 tons axle will be developed with integrated in-wheel electric motors, for electric/hybrid
commercial vehicles (city buses, small trucks distributing products and fork lifts). Currently there are no commercially
available axles designed for these vehicles, which is the novelty of the project. Vehicles using available axles, designed for
combustion engines are heavier; consume more energy then necessary and contain components (propeller shaft,
differential), which can be omitted in another architecture. Using the in-wheel motors ABS, ASR, retarder functions will be
solved electronically. The axle will be 30% lighter then available ones, reducing vehicle’s energy consumption by 6-8%.
Patent search has shown that the key IPs of the project are currently not patented. Technical goal of the project is to
develop, test and verify the axle and build it into a test vehicle to start field tests. Systems, based on the new axle will be
2-2500 € cheaper then existing solutions. Lower price plus energy saving, i.e. lower operating costs are the two key sales
arguments, which meet market demands. According to our preliminary market analyses, assuming 10% market share in the
3 market segments mentioned above, 1500-2000 axles can be sold p.a. which means 15-20 million € turnover and 2,5 – 3,5
million € profit. In Phase 1 a detailed Feasibility study will be elaborated, including technical details, project schedule, market
analyses and strategy in order to co-fund Phase 2, what we estimate to 650-700 k€ as total project cost. Feasibility study will
conclude to a business plan for different market scenarios. Investment will be evaluated by payback time and ROI. Business
plan will comply with accounting standards. The project results a small contribution to increase energy efficiency and
improve European competitiveness.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- social sciences economics and business economics
- engineering and technology mechanical engineering vehicle engineering
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
1095 Budapest
Hungary
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.