Objective
Zap&Go has developed a fast charging solution to appliances, devices and vehicles. In contrast to Lithium-ion batteries, the dominant solution in these markets today, Zap&Go’s supercapacitors charge in 5 minutes or less and are proven to be safe to handle without fire risk. Zap&Go has raised 2m EUR in seed funding in 2015 and a ~7m EUR Round A in 2016 from private investors to invest in its pilot production line.
The IP was partly developed at Oxford University, exclusively licensed to Zap&Go and is now being advanced by in-house scientists. Zap&Go is expanding its patent portfolio to secure a sustainable competitive advantage in the markets it is addressing. Core to the technology is the use of carbon nano-materials, including graphene that allow the design of rechargeable pouches or flat cells.
In this Phase II project Zap&Go will develop 1) supercapacitor power modules and electronics specifically integrating with cordless tools such as cordless vacuum cleaners and power drills and 2) build trial units to conduct customer trials. At the end of the project Zap&Go expects to have at least one pre-contract signed with a European high volume manufacturer. In Phase III, Zap&Go will aim to become the leading supplier to the cordless appliance market before entering other global markets such as electric scooters and autonomous passenger transportation vehicles.
In its self-funded Phase I feasibility study Zap&Go established consumers’ willingness via a crowdfunding campaign, pre-selling 1,200 units. Major OEM’s like Stanley Black&Decker and Hilti have visited Zap&Go and shown interest in joint development agreements during Phase II. Zap&Go expects to enter the market at EUR30-40 per pouch at a gross margin of over 90%. Initially pouches will be produced in the in-house pilot production unit before production is outsourced under licensing agreements. Revenues are forecast to hit 150m EUR by 2023. Breakeven will be reached in 2020.
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.
- natural sciences chemical sciences electrochemistry electric batteries
- engineering and technology nanotechnology nano-materials two-dimensional nanostructures graphene
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
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.
-
H2020-EU.2.1.2. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.1.5. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing
See all projects funded under this programme -
H2020-EU.2.1.3. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials
See all projects funded under this programme -
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
See all projects funded under this programme
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-2 - SME instrument phase 2
See all projects funded under this funding scheme
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-2016-2017
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.
EC4N 6AF LONDON
United Kingdom
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.