Good afternoon, ladies and gentlemen. It's my pleasure to announce to you in our third

series of the series and seminar of innovations in mobility at the FIU, the University of

Erlang and the most innovative university in Germany. With me in the organizational

we see today Dr. Alex Kuhl and Nico Wibresch, the same as in the last two series from the

Institute of Factory Automation. We thank them for the organization of this seminar.

Today I am extremely proud and also happy to announce our guest Mr. Esha Bennett. Now

Esha is or was a submarine officer in the Israeli Navy and also has an MBA from the IMD in Switzerland.

Esha is a serial entrepreneur that has successfully exited several tech companies.

And his latest venture is the venture which we are discussing today which Esha is going to present

to us. It is Teva Electric and Hydrogen Trucks. After the presentation which we record, we will

hold a Q&A session. Please send us your questions as we move along in the presentation and it is my

great pleasure now to hand over to Esha for his presentation. Over to you Esha. Thanks a lot.

Hello everyone. Before I present anything I'm going to take the opportunity that it's

just after 5 pm here in the UK and share one of my favorite things to do every day

and see some of our trucks on the road live. So one second.

This is our different telematics of our trucks around the UK. So in Southampton we have five

trucks. I see four trucks have just already returned literally in the last few minutes

to the depot but one is still out. And it is currently not driving so it's maybe zero miles

per hour. It's at a junction or on a delivery but we can see the daily route log. So this is a UPS

truck so it left in the morning, did what's called a trunking route and has been running around all

this area all day doing deliveries. That's what trucks are meant to do. And I'm sure in a few

minutes we'll start its way back. We see here in the middle the mandatory lunch break that we see

at every one of our trucks. And that's one of the things that we're proud of that our company is

going through major growth right now but it's on a base of having trucks in the real world

with discerning customers for quite a while. I'll just move into a more structured presentation.

So I'm going to find the right balance here because I understand most of you or many of you

are technologists so and I always love talking technology so I will mention technology try not

to get too deep into that but some slides I will go a little bit faster to balance it out. This is

one of our trucks that was about a month ago. It was two weeks in Lapland in north of Finland,

the 120km north of the Arctic Circle. Part of the never-ending testing that you need to do

for developing and bringing such a large product to the market. So it was way up there in the north

and this is actually me. So my team was there for two weeks. I came for one day as a tourist almost.

That's actually me all excited getting into the truck driving up this first set of hills. Now you

can't see it but when I started driving up the hill I drove slowly, no just got off the plane,

drove slowly and the truck is fully loaded, built the weight and it's accelerating so nicely up to 16%

the great hill that I just kept pushing accelerator because it was climbing so nicely.

So I reached the top of the hill, great when it climbs that way and it turns out that when you

reach the top of an icy hill on the other side is an icy downhill. So I flew over the top of the hill

and I got to check our ABS system even though that wasn't meant to be part of the driving.

The rest of the time I was a bit more careful. Don't want to ruin one of our trucks

in the early while out there testing. This was a big proud moment for the company.

We just shared a lot of pictures out there of both our trucks doing this testing. Before I went to

Finland we put our truck in climatic chamber, brought it to minus 20 degrees and tested the

hell out of it in the same scenario but there's nothing like real world experience.

A little bit about my background. My first career as Jean-Marc said I was a submarine officer in

Israel. I often I mentioned that and focus on that because that submarine was also my first

electric vehicle. So the whole bottom of the submarine is a big bank of batteries

connected to a large electric motor DC in this case and obviously submarines can't go anywhere

obviously submarines can't go out conventional submarines can't go out indefinitely. Every once

in a while we had to put a snorkel out of the water and run diesel generators to continue going on.