MAL Research & Development Ltd. will promote clean energy by deploying its 300-mile range extender for electric vehicles, starting its customer network roll out in the European Union in 2021, and accelerating implementation in 2022.
We will demonstrate our 300 mile, low cost, recyclable range extender system in one of the most popular existing lithium-ion powered electric cars. We will invite electric vehicle drivers to a public demonstration to witness the swap of all eight lightweight (<4kg) range extender modules from the compartment underneath the trunk floor within 90 seconds, after which time the vehicle will be fully ready to drive another 300 miles (plus the 150 miles provided by the main car battery). We will demonstrate the ease of establishing a network of swap points (local garages, supermarkets, mobile providers etc.) that will reduce the need for charging points. We will also demonstrate the range extender topping up the main battery. We will work with our European service network partners to establish a module swap network in a European city and we will expand the network from the start of 2022.
We will establish a range extender 90 second swap network in a European city, starting with 1000 existing electric cars in Q4 of 2021. We will then expand that network at a rate of 1000 cars per months for 4 months, increasing to 10,000 cars per month by the end of 2022. Ideally we will accelerate further via partnerships with major Electric vehicle brands.