Periodic Reporting for period 1 - NedraEV (A lightweight, fast charging, EV platform to be utilised on Car Share and Urban Mobility Systems)
Periodo di rendicontazione: 2016-04-01 al 2016-08-31
The NEDRA project sets out to design and deliver to market an adaptable, three-wheeled, EV platform that can be cleverly configured to produce a range of bespoke transport solutions that give low carbon urban passenger mobility and goods movement with the flexibility of a cycle and the practicality of a car.
At the heart of this project is the belief that movement of people and goods around a city is a demand that, for many end users, can best be met than with a solution designed to their individual needs than the imposition of a generic bicycle or the historic encumbrances of a conventional automobile – whether electrically powered or not.
We have concluded that due to the market demand for this product we will continue the project onto Phase 2.
At the heart of this project is the belief that movement of people and goods around a city is a demand that, for many end users, can best be met than with a solution designed to their individual needs than the imposition of a generic bicycle or the historic encumbrances of a conventional automobile – whether electrically powered or not.
We have concluded that due to the market demand for this product we will continue the project onto Phase 2.
The Phase 1 project substantiated the concept within the framework of changing urban transport systems and user needs. Further it defined a market opportunity between cycle and car-sharing schemes and with last-mile cargo delivery groups where no other companies and products are currently operating.
Key suppliers and technology providers have been engaged in the manufacture of prototypes and the development of the engineering programme and, collectively, form part of the novelty and innovation that NEDRA brings to this suite of vehicles. A number of potential end user companies, currently market leaders in their fields, are involved in the creation of the final specification and are a main part of the ongoing product specification and development programme.
Key suppliers and technology providers have been engaged in the manufacture of prototypes and the development of the engineering programme and, collectively, form part of the novelty and innovation that NEDRA brings to this suite of vehicles. A number of potential end user companies, currently market leaders in their fields, are involved in the creation of the final specification and are a main part of the ongoing product specification and development programme.
Quadricycles sit in a complex regulatory area, with strict restrictions on power output, weight, and licensing requirements for drivers and their own particular needs for certification.
The key market barrier to entry envisaged for the project is commercial in nature. The challenge is to commercialise a lightweight electric quadricyle platform which offers or exceeds the required performance and efficiency needs whilst maintaining low cost and legislative compliance.
A second barrier is the perception that, due to the current lack of a widespread electric vehicle charging infrastructure, vehicle users will be unable to recharge whilst ‘on the go’.
NedraEV overcomes these barriers and will be launched on the market at the right time to capitalise on this opportunity. This will deliver substantial growth to the NEDRA consortium and grow their turnover more than tenfold by the 5th year following commercial launch.
The key market barrier to entry envisaged for the project is commercial in nature. The challenge is to commercialise a lightweight electric quadricyle platform which offers or exceeds the required performance and efficiency needs whilst maintaining low cost and legislative compliance.
A second barrier is the perception that, due to the current lack of a widespread electric vehicle charging infrastructure, vehicle users will be unable to recharge whilst ‘on the go’.
NedraEV overcomes these barriers and will be launched on the market at the right time to capitalise on this opportunity. This will deliver substantial growth to the NEDRA consortium and grow their turnover more than tenfold by the 5th year following commercial launch.