E-Cars Financing

The E-Cars endeavor includes:

Stage 1

Research and calculate every conceivable step of the business, from its inception to expansion. Create an Anglo-American company and assemble a core team with the experience and aptitude to provide information & contacts to build a sustainable business.

Our operating model will be to utilize new or existing technology and out-source wherever possible in order to mitigate R&D costs on disruptive technology or any unnecessary overheads.

The costs for this initial stage are expected to be for hiring the most advanced technicians to provide feasible solutions and costs pertaining to the enterprise. Our Management Team will also create a detailed Business Plan clearly emphasizing the costs and income of the entire E-Cars endeavor.

All contingencies will be incorporated in order to assess and control unforeseen or sudden changes in the automobile industry and the global economy.

Stage 2

Obtain of investment required to modify existing factories to conduct the required engineering. The funding will be allocated to the facilities in the approximate percentages:

· 45% Salaries (excluding, USA & European subsidies)

· 15% Factory Overheads & New Equipment (Leased)

· 20% Suppliers i.e. Electric motors, drive trains & batteries.

· 20% Marketing & Brand Awareness

Salaries may be subsidized by the American & European Government as we are effectively creating jobs and therefore eligible for the grants & allowances currently available.

We will effectively recycle existing buildings, which requires the minimal amount of redesign The ideal facilities would be a disused car factory. There are several ideal locations in the USA.

The engines, drive train & batteries will be acquired from suppliers in bulk on 60-day payment terms and on a sale or return basis. This allows us to keep the costs to a minimum, especially in the early stages.

Marketing will be a significant cost to the entire enterprise. It is imperative that the general public becomes increasingly aware of the new service and as public opinion shifts, the demand for conversations will naturally rise to meet that demand. Additionally, we aim to influence major car companies to increase their marketing as the demand for electric powered cars rises.

Stage 3

Additional investment of will establish E-Cars as a leading Eco-Brand, endorsed also by a comprehensive marketing campaign with full support from the Government in the form of subsidies & grants. With a high enough profile, we will look to take the company to an IPO as we predict the economic recession will effectively end. We plan to expand throughout the USA using a franchising system with American Mechanic’s, so they can maintain the electric engines and required repairs, even in the most rural locations.

Stage 4 & Stage 5

Continued expansion into North America & Europe, through a combination of joint initiatives & franchising, and potential further expansion into emerging economies. This growth will allow our company to effective literally millions of vehicles over the next two decades, as electric vehicles become a fundamental element of our technological future.