​Thermo Electric Device for Electric Vehicles
and Other Applications

Under Construction

MY PROCESS

Thermo Electric Device for Electric Vehicles
and Other Applications

•Range and cost are the two principal impediments to consumer acceptance of electric vehicles
•Batteries are the single most costly part of electric vehicles
•The most advanced electric vehicles still can only get up to 200 miles in range before they need recharging​

•It is estimated that Tesla MATERIAL cost for battery cells is $160/kwh and GM $145/kwh
•At 150KWh, a GM battery bank equivalent to our system would cost IN MATERIALS $21,750 compared to $9,000 - $12,000 of our system

ABOUT ME

Karl Steutermann President

• ​BS and MS in Mechanical Engineering – University of Louisville
  
• With Honors and Tau Beta Pi National Engineering Honor Society
  
• MBA – University of Louisville
  
• Six Sigma Green Belt – Dow Corning and Humana
  
• Experience in Lean Manufacturing
  
• Certified Project Management Professional (PMP)
• 22 Years Business and Manufacturing Experience
  
• Atlas Machine and Supply
  
• Dow Corning
  
• Aker Kvaerner
  
• Roll Forming
  
• Interroll
  
• Humana
  

Finance

Project Finances

•$17,500 Owner Equity
•$0 Assets
•$0 Liabilities
•Potential Cash Flow at Start of Lifecycle
•2014 HEV sales 452,152 units
•1% of that market is 4,522 units
•$12,000 mat’l cost with 40% markup = $16,800 sales price
•4,522 units X $16,800 = $75,969,000
•Assuming low estimate of 5% margin results in $3,798,000 profit

Timeline

4 Phases of the project

Phase 1 - The purpose of this phase of the project is to fully develop the concept and prove it functionality to limited extent. 
Phase 2 - The purpose of this phase of the project is to fully develop the concept to include high voltages and operate a 230V-460V AC motor in the range of 40hp for at least 8 continuous hours at full speed. 
Phase 3 - The purpose of this phase of the project is demonstrate the concepts actual use in a fully functioning, road going vehicle. 
Phase 4 - The purpose of this phase of the project is develop a full and complete manufacturing process to mass produce the design in quantities that will sustain the company financial going forward.

TESTIMONIAL

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LET'S TALK

kjs@thermoprimemover.com

Telephone: (502) 718-8067​

Let's Start Working Together!