Hexagon Purus Business Overview slide image

Hexagon Purus Business Overview

Tremendous growth in the market for system integration representing a key opportunity for Hexagon Purus HEXAGON PURUS' ADDRESSABLE SYSTEM INTEGRATION MARKET FOR MDV/HDV (USDM) ~10 2020 ~45x ~450 2025 Battery electric vehicles/system integration (BEV) ✓ US represent the main addressable market; still in early stage ✓ Serving multiple OEMs in various stages of developing native BEV platforms 69%1 8% HEXAGON Share of ZEV MDV/HD market 2020 Fuel cell electric vehicles (FCEV) / system integration ✓ US, Europe, China, Korea and Japan represent the key markets ✓ Currently relatively low volume (prototypes) with multiple OEM partners, but demand for FCEV powertrains expected to pick up significantly over the medium-term Share of ZEV MDV/HDV market 2030 21%1 92% Source: Company, third-party consultant, Hydrogen Council 1 Hybrids constitutes the remainder of the market Note: Share of Zero Emission Vehicles (ZEV) MDT/HDT market represents the global short-series volumes (sales) per technology as a % of total short-series production 12
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