Periodic Reporting for period 1 - GluttonZen (The First Driver-Minded Electric Compact Street-Sweeper)
Reporting period: 2019-08-01 to 2019-11-30
To satisfy these needs we developed Glutton Zen, a compact all-electric sweeper vehicle that can traverse even the narrowest streets (1.2m wide). Besides, our zero-noise solution surpasses the performance of existing technologies via its regenerative engine, a 99.96% dust air-filter, a class-leading 10-hour autonomy, becoming the best available product for the driver. Also, it is 100% eco-friendly by including waste automatic separation, and a specialized weeds removal arm.
Freedom to Operate analyzed several patents, as well as the Data Regulation at the worldwide extent. Glutton disposes of diverse patents, and expect to get 2 new patents.
Commercial feasibility includes the analysis of the different countries. The progressive product launch has been designed, and routes for commercialization have been defined, based on expert analysis. Exploitation indicates
Financial feasibility and business plan include a sales forecast, EBITDA estimations, and market risk identification. With an initial estimation of 1.9M€ for EIC Pilot, the exploitation BP indicates an ROI of 5 in 5 years