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Clean Technology

Morpheus, The Italian Electric Hyper-Car That Can Change The World

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Tell us a few words about the founders and how the idea came

Morpheus all begins with one single idea, to create a new type of high-performance vehicle with an electric soul that can make the world dream. In April 2017 Morpheus begins, Riccardo Clemente gathers a group of brave individuals and with high difficulties, the startup business idea develops until a series of events interrupts this story, but not for long.

Once back in university at IED Torino Riccardo Clemente speaks with some students in his university about designing the vehicle he and his previous team envisioned back in 2017. Incredibly the group of students is able to envision and represent what would become the first concept of a Morpheus electric hypercar, the Cigno Nero. A call by a friend Luca Pinoli in May 2019 gets the business idea back on track and the start-up is reborn.

In 2020 the start-up becomes a company Morpheus S.r.l and with the encounter of various partners and investors, things begin to shake. As all the parts of the puzzle come together Morpheus vision focuses and the future looks surprising. Will it be only electric hypercars or more?

Link to online video 

Your products and services 

We produce luxury electric vehicles of limited quantity and of premium quality. Our first product in the line is an electric hyper-car.

Your success factors 

  • Strong focus on customer experience with gender equality
  • Environment-friendly and of the latest technology
  • Strong brand and design with ‘made in Italy’

Your factors differentiating and disruptive compared to the existing 

  • USP patented that will create a new stake in the market
  • Strong focus on customer experience with gender equality

Your business model (how do you make money?)

We produce the product in Italy then it is shipped directly to the customer by pre-order. The customer can reach us privately to buy the product or through approved product-related resellers.

A few words about your competitors

  • Rimac Automobili: Est. 2009 located in Croatia, it is focused on being an everything supplier for other electric car companies, it also produces their own hypercars. Product: Concept-Two
  • Lotus: Est. 1948 located in the United Kingdom, is focused on producing different types of combustion engine supercars and has now produced their first electric hypercar. Product: Evija
  • Pininfarina Automobili. Est. 2018 located in Italy, after being bought by Mahindra 25 million euros were invested in the making of an electric hypercar, with plans for an electric Suv in the future. Product: Battista

Your website 

 https://www.morpheus-motors.com

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Clean Technology

Solar-E-Cycle : solar powered light electric vehicles disrupting the automobile industry in Africa

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Solar E-Cycles was created in Kenya in 2015 to develop solar-powered light electric vehicles with grant funding from Energy Environment Partnership (www.EEPAfrica.com). Solar E-Cycles Kenya Ltd has commenced production of some 130 vehicles for a full-scale pilot trial aimed at proving out the product and business model.

Problems worth solving in Africa

  • Some 100 million families live in off-grid rural areas without affordable mobility;
  • 40 billion hours are spent hauling water in sub-Saharan Africa and 71% of that is by women and girls;
  • The latter deprived of the opportunity to attend school;
  • 622 million people are without access to electricity;
  • Half of the population earns less than $2.00 a day;
  • The population will grow by almost 4 bn people by 2099 creating a massive production of greenhouse gas from internal combustion engine vehicles and for power generation. In turn, increasing CO2 emissions with the consequence of global warming.

Existing solutions

  • Solar-powered vehicles exist. Engineering schools compete every year. But these versions remain expensive and not practical. One driver, no baggage.
  • Improving pricing and performance. Pricing of components for solar powered lightweight electric vehicles (PV panel, batteries and e-bike parts) will continue to decline whereas performance will continue to improve;
  • 10 prototypes built to date. We have proven that it is possible to build a practical solar-powered light electric vehicle for less than 1000 USD with a range of 50km per day at 30kph. It has a minimum life cycle of 10 years. It is built from existing off-the-shelve components;
  • Solar Home Systems are widely popular. Light solar electric vehicles with excess electricity in their storage batteries can supply basic power needs for the home or business for off-grid rural populations in developing countries. Entry level needs 250Wh per day v/s a minimum daily generation and storage capacity of the vehicle starting at 1500Wh per day in normal sun conditions provides a reasonable supply of electricity for home or business;
  • Pay-as-you-go business models, used for cell phone service and now in solar home systems (growing at 100% per year to a $12 bn market size in 2030 per IFC/World Bank), have removed the up-front payment barrier in developing countries and, with GPS technology, make leasing of the solar electric vehicle to low earners, a business with manageable risks.

Proposed Technical Solution

  • Our solution is based on three innovations: product, service and financing. It is a totally disruptive alternative to the internal combustion engine (ICE) automobile industry.
  • Off-grid power and mobility. We offer a light electric solar powered 2, 3 or 4 wheels transportation device with a range of 50-100km per day with only power from the sun at speeds from 25 – 45 kph. We are the world’s first mass-produced solar vehicle company.
  • Free power from the sun. Higher reliability and easier maintenance than ICE powered vehicles, and safer. As an electric vehicle, it can also be recharged from the network. Built on an electric mountain bicycle platform, it has pedals for emergencies. 
  • Home solar system. Excess energy stored in batteries that can be used to power the home (at night) or the small business. 1500 to 6000 Wh per day depending on battery configurations. 
  • Affordable. A pay-as-you-go (PAYGo) business model at rates as low as $0,50 a day/5 year lease. Technology in GPS and GSM allows us to control the vehicle remotely in a leasing environment with geo-fencing. Affordable transportation and power at rental rates compatible with revenues of $2 a day. 
  • Killer application. Our Solar-E-Cycle hybrid solar powered mobility and power generation solution provides users with revenue generation opportunities in the sale of power and transportation services that can cover the cost of the vehicle making the leasing of the vehicle a financially viable self-sustaining operation for anyone.

Our business model

Our business model encompasses the open source approach, performance monitoring, PAYGo and rapid scaling to attract impact investors. We put social objectives at the forefront of our business strategy by integrating social goals into our business. Besides clearly targeting social objectives, this strategy can also lead to greater profits and reduced risks. Investors today have a clear desire to earn a good return while achieving social impact.

Open source: vehicle designs available to be copied (and improved) off the internet – small welding shops can build it. Suppliers of components like motors, batteries and PV panels or the electronic power management, data collection and transmission system will find specs for adapting their products to our vehicle. Software for fleet and power management on the vehicle will also be open source continually improved.

PAYGo proposal: for a small deposit (10,000KES = $100), 1/10th the price of a motorcycle in Kenya, the user will be lent a Solar-E-Cycle. He will then pay a monthly rate of some 5,000KES = $50. Through mobile payments (M’Pesa). He owns the vehicle in 3 years. If he does not pay the vehicle can be immobilized remotely. Customers will be selected using Microfinance approaches such as social contracting to minimize defaults.

Analytics: All vehicle data (load, power consumption, speed, location, distance travelled, voltage, temperature, even driver behaviour) is uploaded to generate better knowledge of users over the internet of things.

The IKEA of the automotive industry: Customers will be able to receive a dismantled vehicle in a box, with the tools needed and assemble it themselves with help from videos on the dashboard display, CD and YouTube.

Rapid scaling: We will create business units receiving some 100-200 boxes to start a distribution centre in a 40ft container anywhere in Africa. Some 15,000 business units to cover Africa. 2 people will start this business unit, a commercial and a maintenance agent to start. (Change out maintenance recovers damaged parts for rehabilitation or recycling (e.g. batteries) in a circular economy). Each business unit is monitored via the internet for vehicle availability, collection rates, defaults, profitability. Empowering People through solar powered light electric vehicles offering mobility and electricity in an open-source pay-as-you-go business model

Founder

Roger Christen is an international development consultant with 46 years of professional experience.

He graduated from POLYTECHNIQUE Montreal Canada with an industrial engineering diploma and went on after that to get an MBA from MCGILL University. He is currently in the PhD program in Morocco.

He started his career in the mining and shared health services and then became a Consultant with Price Waterhouse

Management consulting led to INTERIM MANAGEMENT where he ran a large strategic chemical company in Canada from 1980 to 1989. Then he came to Africa with a team of 8 Canadians to transition the railway company in Gabon from construction to commercial phase. He ran the Power Utility in Guinea for 2 years that led to some 30 missions in power sector reform and a long-term association with the World Bank. From State Owned Enterprise reform he moved on to Growth Poles where his team won the WOLRD BANK EXCELLENCE AWARD FOR AFRICA in 2007.

He has lived in Africa on a permanent basis in 5 countries for some 15 years, working in French, English and Arabic areas of Africa.

The idea came to him 30 years ago while visiting a village in northern Cameroun. Half the population of the village had one task – fetch water every day. Women and boys and girls with the impact of not being able to attend school. It took 30 years for prices of PV and e-bike components to drop to a level where a solar-powered light electric vehicle for less than $1000 was feasible. 

Link to online video 

Our killer application 

Our Solar-E-Cycle hybrid solar powered mobility and power generation solution provides users with revenue generation opportunities in the sale of power and transportation services that can cover the cost of the vehicle making the leasing of the vehicle a financially viable self-sustaining operation for anyone.

Factors differentiating and disruptive compared to the existing 

Free power, environmentally friendly. 

Our business model

Pay as you go. We can provide a vehicle for $50 a month that will belong to the lessor after 3 years. We are also offering our solution in an open source concept so anyone in Africa can copy our vehicle and contact component suppliers. Or buy from us directly. Get your vehicle in a box. 

Our competitors

None offer a solar powered mobility and power solution like ours. We are the first mass producer of solar-powered light electric vehicles. 

Website 

www.solar-e-cycles.com

Facebook : 

https://www.facebook.com/Solar-E-Cycles-684745028302529/ 

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Clean Technology

Gedeihen recyclers : converting waste into commercially viable products

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Tell us a few words about the founders and how the idea came 

The founder is a 27 years old social entrepreneur, so passionate of providing a lasting solution to the improper waste management that end up in drainages, dumpsite, and landfill. The idea was born as a passion of getting things done the right way and live a life of purpose where I can give back something to the society by adopting how waste management is done in developed countries.

Your products and services 

PET bottles, containers are made of a hydrocarbon called PolyEthylene Terephthalate, or PET, for short. The synthetic fiber produced is valuable raw material that supports various local industries in producing textiles, mattresses, pillows, sofas, roofing sheets and insulation for buildings

Your success factors 

We have secured over 500,000 households, cooperate organization and manufactures of plastic related material on our database that we collect plastic bottles on daily basis and also secured clients that are ever ready and dire need to buy-back any quantity 

Your factors differentiating and disruptive compared to the existing 

Point-based incentive scheme

Your business model  

We make money by selling baled plastic bottles in metric tons to local and foreign manufacturers of fibre related materials for production of sofas, mattress, pillow 

A few words about your competitors

My competitors are not innovative and also restricted to only one community while we added some incentive base scheme to motivate households to gather the plastic bottles for collection.

Your website 

www.gedeihenrecyclers.com

 

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Clean Technology

iMapp : a process automation system for insurance brokers and agents

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Tell us a few words about the founders and how the idea came

Nigeria has one of the lowest insurance penetration figures in the world and in the Sub Saharan Africa with 0.3% as compared to other countries like South Africa – 16.99%, Namibia – 6.69%, Zimbabwe – 4.09%…

A comparative study on Nigeria and other major developing countries shows that an average Nigerian spends 1.3% of its expendable income on insurance as against 23% South Africa, 3.6% Argentina, 4.6% Brazil, 7.7% Chile, 3.5% Mexico, 3.5% China. With the current Insurance Market size in Nigeria is around USD$780million. If properly harnessed, the insurance industry has very strong potential to open up a USD$10billion market size if the top 20% Nigerians can be made to spend as little as 7.6% of their income on insurance.

How better way to get them to spend it than to address the reasons they are not? 

After an extensive research carried out on the insurance brokers and insurance companies in Nigeria to identify the reasons for the low penetration level of insurance in Nigeria, the reasons mostly ranging from the population’s apathy to Insurance due to cultural constraints; low insurance literacy; inappropriate pricing and profiling of risk; and the poor distribution channels to market insurance.

Our business idea is borne out of the desire to address some of these challenges and open up the Nigerian insurance industry into retail and the microinsurance markets, where hitherto had been ignored for decades.

Ajayi Oluwaseun is a software developer with over 7 years of enterprise software development experience. Olayide Ilori is with 6 years experience in insurance marketing and Bancassurance with two top Nigerian insurance companies. Ajayi Stella is a project manager with over 4 years of project management experience working as project manager with consulting firms to multinational companies Shell and Chevron.

Link to online video  

Your products and services 

IMAPP CM is a cloud-based technology designed for the insurance industry that automates the processes of acceptance (using integrated risk analysis software to analyse user risk portfolio and recommend insurance products that will address the risks), acquisition (online and offline platforms to purchase insurance products and services) and administration (with user-friendly admin interface for both the insurance brokers and the consumers) of insurance products and services with more focus on the potentials of the retail and micro markets, which account for more than 95% of the untapped markets with an estimated market size of USD$10 billion annual premium.

Your factors differentiating and disruptive compared to the existing 

Innovation, cloud-based technology, software-as-service (SaaS), insurance products also available offline through USSD platforms, risk evaluation reporting using predictive analysis and simulative cognitive analysis as well as pattern recognition for consumers, control of application operations for all users.

Your business model

Our technology operates a B2B that generates revenue on subscription basis

A few words about your competitors

Our competitors cut acro:ss several insurtech softwares such as insure.ng and topcheck.com.ng, which are mostly price comparison engines

Your website 

http://cm.imapp.ng

 

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