OUR PLAN
Driving carbon emission reduction in industries that are critical to the development of Net Carbon Neutral world.
OUR PLAN
Driving carbon emission reduction in industries that are critical to the development of Net Carbon Neutral world.
Near term objectives
- Partnered witha leading solid-state battery companyto have early access to next generation Solidstate batteries
- Design retrofit/remanufacturing packages for key high volume vehicle categories, (a market being avoided by existing manufactures).
- Design clean sheet equivalents for retrofit package vehicle that are more efficient than current competition.
Long term vision
- Become the preferred partner for the mining and construction industry to help eliminate carbon costs.
- With responsive and innovative design, dominate the market in high volume categories with clean sheet designs that out-perform the incumbent equipment makers.
FOCUS
THE PIVOT DIFFERENCE
Pivot is the first company to design and build solid state battery powered heavy equipment.
With optimized design and solid-state batteries, Pivot heavy mobile equipment will be more efficient, productive and cost effective than current battery or diesel-powered equipment.
Prototypes
Purpose
Experience
Optimize
Conversion
CONTRACT NEGOTIATIONS
- International mining company with large scale underground and open pit mines
- Initial discussion, BEV retrofit of 8 – 7 tonne underground
mine scoops with second generation LFP batteries - Initial contract value $5m CAD
- An international mining company with large-scale open-pit mines
- BEV conversion of 40 – 231 tonne Caterpillar Haul trucks with
next generation solid-state batteries - Initial contract value $100m USD
- Negotiating strategic partnerships with two mid-tier mining
companies
INDUSTRY DEMAND
Fortescue Metals
“It was time to go green.”
As the sun set over the hills of the first mine that set him [Andrew Forrest] on a path to enormous wealth, he explained that Fortescue, the Australian company he founded, would no longer just extract and ship 180 million tons of iron ore, the raw material for steel. It would zero out its own carbon emissions and become a renewable energy powerhouse.…50% of green house gas emissions are from it’s heavy equipment fleet.*
*From the New York Times 20211017
Fortescue has committed to upgrading heavy equipment to hydrogen fuel by 2030.
While cleaner than diesel, hydrogen has a leakage problem which also makes it a greenhouse gas. Hydrogen is headed down a dead end road.
Freeport-McMoRan
Freeport, has roughly 600 haul vehicles … To energize these machines, Freeport purchases 180 million gallons of diesela year.
The mining business is grappling with its paradoxical position as provider of copper, lithium and different battery metals whilst operations contribute to world warming.
“We have to make investments to reduce carbon emissions,” CEO Adkerson said in the interview released Dec 1, 2021.
“We’re going to do that. It’s going to cost some money.” Akerson continues, “it was ‘absolutely necessary’ for Freeport to curtail emissions.*“
* From Reuters Next conference Dec. 1, 2021
Mining companies must move away from diesel to green power but current technology/manufacturers are not providing the solutions